AEE 3.57% 13.5¢ aura energy limited

Courtesy of Google translate: After iron, copper and gold, the...

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    Courtesy of Google translate:

    After iron, copper and gold, the discovery of uranium this week in the north-east of the country completes the panoply of wealth in the sub-soil of Mauritania.

    A discovery of the Australian company "AURA-ENERGY" near the border with Algeria, which is likely to spark other Western desires especially France whose subsidiary AREVA is losing momentum. For observers it is a good news for Ould Aziz who will be able to use this nuclear fuel to gather other partnerships with the closed club of the nuclear powers or the countries in search of the atomic weapon.

    Mauritanians were expecting anything more than the most sought-after fuel from nuclear power plants, which is causing concern as North Korea's nuclear tests scare the world's largest powerhouse, the United States, and the talks in New York. Saw with Iran on the non-proliferation of the nuclear weapon.It was the Australian company "AURA-Energy" who made the announcement this week after eight months of research in Tiris Zemmour in the Northeast of the country.New good news for this company well-listed on disallowed and which holds a mining lease and for the investors of this nuclear fuel prized by the nuclear powers of which China which counts to double its production of nuclear energy by 2020 .

    A boon for the Mauritanian president who could return if the quantity is sufficient in the circle of important nuclear subsidiaries. This discovery of uranium near the border with Algeria interests both countries which already weave very strong relations as evidenced by the recent opening of the international Mediterranean road symbolized by the Tindouf-Zouérate axis. It is also of interest to France, which could look at Mauritania a second time when its Areva subsidiary is experiencing difficulties with the price of the precious nuclear fuel market. Exploitation of this fuel could bring an oxygen bubble to the treasury. Mauritanian public and open up good prospects for government actions.

    Bakala KANE

    (Received in Kassataya November 26, 2017)
 
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