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France's Areva signs uranium deal with DR Congo

by Staff Writers
Paris (AFP) March 26, 2009
French nuclear giant Areva signed a deal Thursday to develop uranium mining in the Democratic Republic of Congo, during a visit by President Nicolas Sarkozy to Kinshasa.

"By its size and geological profile, the Democratic Republic of Congo offers significant uranium potential," the state-controlled firm said in a statement released in Paris.

A survey of potential sites will be carried out in the DR Congo, which has vast reserves of diamonds, gold, copper and cobalt.

Areva chief executive Anne Lauvergeon signed the agreement for mining research and exploration with Congolese Mines Minister Martin Kabwelulu, on the sidelines of Sarkozy's visit.

Sarkozy later this week travels to Congo-Brazzaville and Niger, where Areva, the world's biggest nuclear concern, has signed a contract to develop the giant Imouraren uranium reserve in the north.

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Areva seeks to block Siemens-Rosatom nuclear deal
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