GoviEx Uranium publishes draft environmental submission as Muntanga project gains momentum

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12d ago 4:37

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GoviEx Uranium Inc CEO Daniel Major talked with Proactive's Stephen Gunnion about the company’s latest milestone—the submission of a draft Environmental and Social Impact Assessment (ESIA) for its Muntanga uranium project in Zambia. This filing follows the completion of a feasibility study that defined the project’s structure and has triggered the next phase of regulatory review. “We now wait for ZEMA, the Zambian Environmental Management Agency, to come back with their comments,” Major said, expressing confidence in the clean design and minimal environmental issues identified so far. He added that the company hopes to receive approvals in the third or fourth quarter of this year, potentially allowing construction to commence, pending financing. Major also emphasised Muntanga’s strategic position as one of the few near-term uranium projects that could help address an anticipated supply deficit from 2029 onwards. Citing the latest Red Book report, he noted that while uranium resources are ample, there is a shortfall of ready-to-develop projects. He also addressed current uranium pricing, stressing the need for both spot and long-term prices to rise above $80 to incentivise new development. “Prices have got to go higher. And they have to be built,” he said, referring to new uranium projects. For more videos like this, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications for future updates. #GoviExUranium #UraniumMining #MuntangaProject #NuclearEnergy #ZambiaMining #UraniumPrices #EnergySupply #ESIA #UraniumProjects #ProactiveInvestors

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