Bloody coup in Niger – all about uranium
Uranium Fueling Niger Coup? By Melissa Pistilli- Uranium Investing News, 23 Feb 2010 Last week in Niger, a military junta led by Platoon Comander Salou Djibo calling itself the Supreme Council for the Restoration of Democracy (CSRD) launched a bloody coup against the elected government of President Tandja Mamadou…. Uranium is King
Uranium seems to be the only thing going for the impoverished and politically unstable Niger, ranked last of 182 countries on the UN’s 2009 Human Development Index. This latest coup is the fourth since 1974 in the mostly Islamic West African country whose population totals 15 million.Yellowcake accounts for 72 per cent of national exports from Niger, the world’s sixth-biggest uranium producer responsible for about 7 per cent of global supply in 2008.
France’s FootholdFrance has dominated Niger’s resources since it became a French colony in 1922 and the French have managed to hold onto its vast uranium reserves even after the African nation acquired independence in 1960……….Last year, Areva inked a contract with the Niger government to mine the Imouraren region, a deal that basically gave the company exclusive rights to most of Niger’s uranium resources.
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