It's not a matter of if a country can sell it's resources, it's a matter of who gets the lions share of the profits. If French corporations are doing the extraction and selling they will see to it that very little goes to the people of Niger, that's capitalism, that's the
rational profit maximizer theory at work. Obviously as all these nations escape from the Western hegemony and unite under the banner of the BRICS we in the West will be paying a lot more for the resources. So we will have a more equitable world, at the expense of Western prosperity.
For more than 50 years, Niger's mining companies SOMAIR and COMINAK have been developing value from the country's uranium potential by mining deposits located in the northwest of the country in the desert region of the Aïr
SOMAÏR, a subsidiary of AREVA has been mining several uranium deposits in Niger since 1971
Areva S.A. is a French multinational group specializing in nuclear power headquartered in Courbevoie, France.
COMINAK is a national uranium mining company of Niger. It is a joint venture between the French company Areva NC and the state of Niger (The political Oligarchy of Niger)
Fat Cats cutting deals.
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Of course the deposits would never have developed without Western money and expertise, but as we saw with Saudi Arabia and many other nations, there comes a time...
