Mongolia rss

Sudden death of Khan Resources president

Corporate

24 April 2015

Jim Doak, the president of uranium developer Khan Resources, passed away in his hotel room on 24 April, the company announced. The Canadian citizen was staying in Ulaanbataar for meetings with the Mongolian government.

Areva JV to develop Mongolian mines

Corporate

28 October 2013

Fabius-Bold (Ministry of Foreign Affairs Mongolia_48French nuclear company Areva has signed an agreement to develop uranium mines in Mongolia and to set up a joint venture company with Mongolian state-owned company MonAtom, with Mitsubishi Corporation as an equity partner.

Khan compensated for Mongolian expropriation

Corporate

03 March 2015

The Mongolian government must pay Khan Resources $100 million in compensation for its 2009 cancellation of the company's uranium licences, an international arbitration tribunal has ruled.