n Inside Mining - Data integration aids exploration : Areva Resources : exploration

Volume 2, Issue 8
  • ISSN : 1999-8872


When the French nuclear power company Areva acquired UraMin in mid-2007, this Canadian company was a junior success story. UraMin had picked up some low-grade concessions in Namibia near Roessing Mine when the uranium price was still relatively low and proceeded to build its African portfolio. A rising uranium price made those acquisitions increasingly valuable and attractive to the company, which was looking to diversify its resource base and secure long-term uranium supplies.

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