Mongolia rss

Denison retains Canadian focus

Uranium and Fuel

10 March 2016

Denison Mines will focus on its activities in Canada's Athabasca Basin in 2016, according to the company's end-of-year analysis. The company sold its Mongolian assets in December and hopes to spin out or sell its African portfolio when market conditions permit.

Denison sells Mongolian interests

Uranium and Fuel

30 July 2015

Denison Mines is to sell its interest in the Gurvan Saihan joint venture (GSJV) in Mongolia to Uranium Industry a.s. of the Czech Republic for $20 million.

Khan compensated for Mongolian expropriation


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.

Khan reaches settlement deal with Mongolia


09 March 2016

The Mongolian government has agreed to pay Khan Resources $70 million to end a dispute over its 2009 cancellation of the Canadian mining company's uranium licences. Mongolia had been seeking to overturn a ruling by an international arbitration tribunal that it must pay $100 million in compensation.

Sudden death of Khan Resources president


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


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.