GoviEx Uranium and its subsidiary GoviEx Niger Holdings have agreed with Niger to extend the pause in arbitration proceedings under the ICSID Convention* related to the Madaouela uranium project for an additional six months.

The Vancouver, Canada-based company said the extension follows a letter of intent signed in February 2025 which outlined a framework for negotiations concerning the project.

Although the parties have expressed a willingness to work towards an amicable resolution, there is no assurance that the negotiations will lead to a binding agreement, GoviEx said in a statement.