{"id":46374,"date":"2026-09-24T13:05:41","date_gmt":"2026-09-24T11:05:41","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=46374"},"modified":"2026-09-24T13:05:41","modified_gmt":"2026-09-24T11:05:41","slug":"niger-increases-stake-in-madaouela-uranium-project-to-40","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/niger-increases-stake-in-madaouela-uranium-project-to-40\/","title":{"rendered":"&#8216;Niger increases stake in Madaouela uranium project to 40%&#8217;"},"content":{"rendered":"<div>Niger increased its stake in the Madaouela uranium project to 40% from 20%, bringing an end \u200bto its dispute with Australian explorer Atomic Eagle, \u200cthe West African country&#8217;s mining ministry said on Wednesday.<\/div>\n<div><\/div>\n<div>Niger is a major uranium producer. In 2016, it awarded a permit \u200bto exploit uranium at the Madaouela project located \u200bin the Agadez region to Atomic Eagle, formerly \u2060named GoviEx.<\/div>\n<div><\/div>\n<div>In 2024, Niger revoked the miner&#8217;s permit for \u200bthe Madaouela uranium project and returned the asset to the \u200bstate, prompting the company to file for international arbitration.<\/div>\n<div><\/div>\n<div>The parties agreed in February 2025 to suspend the proceedings while pursuing a \u200bnegotiated settlement and, in September 2025, extended the pause \u200bby a further six months to allow talks to continue, Atomic \u200cEagle \u2060said.<\/div>\n<div><\/div>\n<div>According to the new agreement that was signed with the mines ministry, Atomic Eagle, which is responsible for operational oversight, will now hold 60% of the project, \u200bdown from 80%.<\/div>\n<div>Atomic \u200bEagle did \u2060not immediately respond to a request for comment.<\/div>\n<div><\/div>\n<div>&#8220;Niger has prioritized dialogue and negotiation to \u200busher in a new phase based on \u200bpartnership and \u2060development,&#8221; a statement from the Mines Ministry said, without detailing the terms.<\/div>\n<div><\/div>\n<div>Military-led governments across the Sahel region are trying \u2060to \u200bassert more control over their \u200bresources in a bid to generate more revenue.<\/div>\n<div><\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":13986,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-46374","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Military-led governments across the Sahel region are trying \u2060to \u200bassert more control over their \u200bresources in a bid to generate more revenue.","published_date":"","news_description":"Military-led governments across the Sahel region are trying \u2060to \u200bassert more control over their \u200bresources in a bid to generate more revenue.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46374\/revisions"}],"predecessor-version":[{"id":46375,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46374\/revisions\/46375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13986"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=46374"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=46374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}