Forte currently holds 10 uranium license approved by Mauritania’s cabinet
British company Forte Energy has announced it will begin uranium exploration in northern Mauritania’s A328 sector by the summer, following the launch of a new operation in the North African country in November.
Forte announced in a quarterly report it would suspend exploration in other sectors close to the Mauritanian capital Nouakchott.
The Mauritanian cabinet first approved licenses for the British company to explore uranium mineralisation within its territories in October 2012.
The company hopes to achieve improvement in its revenues after it return to ASX sector; especially it managed to improve its financial position in 2012, as the company manages a number of uranium projects in Ghana and Mauritania.
Forte currently holds 10 uranium exploration licenses in Mauritania, in an area covering 9,925 square kilometres.
In December 2007 the British firm completed its first drilling operation – at the Bir En Nar prospect in the northern Zednes region.
GMT 13:01 2018 Monday ,22 January
Trump lashes out ahead of vote to end shutdownGMT 13:06 2018 Sunday ,21 January
Trump and 'Davos Man': best of enemiesGMT 11:43 2018 Friday ,19 January
Calls for action over dirty money flowingGMT 14:39 2018 Thursday ,18 January
Watchmakers hope to make Chinese market tickGMT 14:28 2018 Thursday ,18 January
Economists call for overhaul of eurozone fiscal rulesGMT 12:57 2018 Wednesday ,17 January
Trump visit set to eclipse Davos meetGMT 09:19 2018 Tuesday ,16 January
No Brexit deal would cost Scotland £12.7bn: studyGMT 12:14 2018 Monday ,15 January
As Trump clamps down, migrant workers have much to loseMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor