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Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Metals & Mining Industrial Metals & Minerals
Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa project. The Dasa project is a high-grade uranium deposit that lies within the Adrar Emoles III licence area, approximately 105 kilometers (km) south of the established uranium mining town of Arlit, in the Republic of Niger. The Company Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world.


TSX:GLO - Post by User

Global Atomic Corp > Niger Coup
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Comment by rockmoneyon Jul 28, 2023 9:37am
217 Views
Post# 35561281

RE:RE:Niger Coup

RE:RE:Niger Coup
Welcome to Niger, which is a border line failed state. If Global was a diversifed uranium player, I could stomach this. But when all your assets are in one place, different story. The risks of oeprating here are incredibly high. But the good news this morning is that Russia's Wagner boss just congratulated the coup leaders. I'm feeling better already.
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