Turkey top envoy goes to Niger in bid to secure uranium supplies
The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits.
RBC Capital Markets notes that South Africa has been plagued by a power shortage since early 2008. “Over the past two years, the situation improved only because the economic environment slowed dramatically, reducing electricity demand. At the same time industry, mining specifically, reduced power consumption by at least 10% – partly due to lower output, but also due to taking steps to be more power-efficient.” Read more
