Скачать или смотреть GoviEx Uranium CEO on Muntanga feasibility study milestone and market dynamics

GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major talked with Proactive's Stephen Gunnion about the company’s latest milestone—the completion and filing of the feasibility study for its Muntanga Uranium Project in Zambia. Major explained that the study underscores the project's simplicity, highlighting its open-pit heap leaching operation, low technical risk, and strong economics.

GoviEx is targeting production by 2028, with financial preparations already in progress. The company has appointed Endeavor Financial to lead the debt financing process and has begun outreach to potential lenders. Meanwhile, environmental approvals are expected by year-end, paving the way for construction.

Discussing uranium market dynamics, Major pointed to a growing supply deficit and increasing demand from utilities. Despite market uncertainties, term contracts remain strong at around $80 per pound. He also noted shifting supply chains, with African uranium playing a more prominent role due to restrictions on Russian and Kazakh supply.

"The market needs these projects," Major stated. "GoviEx with Muntanga is one of those projects that can come in and support and fill that gap."

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