russian talks with ariva

http://www.reuters.com/article/rbssConsumerElectronics/idUSLA19905720090910

NAMIBIAN PARTNERSHIP

Zhivov also said the company, which is the mining arm of Russian state atomic agency Rosatom, would hold negotiations with French state-controlled nuclear reactor maker Areva (CEPFi.PA) on "uranium projects" in October.

"We will meet with Areva in Namibia in the first week of October for discussions on uranium projects in Africa," Zhivov said.

Demand for uranium is growing as more nuclear power plants are being built by countries scrambling to cut emissions and reduce fossil-fuel dependence.

In 2007 Areva bought UraMin, the owner of the Trekkopje mine in Namibia, for $2.5 billion.





maybe they will need something greater near trekkopje and good timing with first hard numbers expected october.

"Preliminary resource upgrade calculation due in October with final estimate due in December 2009"