CANADIAN MINER SAYS MONGOLIAN URANIUM EXPLOITATION IS ‘GOING NOWHERE’
October 1st, 2010
BY MARK GODFREY
THE CEO of a Canadian mining company in litigation with the Mongolian authorities over the alleged expropriation of uranium rights has told World Nuclear News: "Uranium exploration and development in Mongolia is going nowhere at the moment." CEO of Toronto-based Khan Resources Grant Edey argued Mongolia's Nuclear Energy Law, passed in 2009, is a "disincentive to invest and our experience has raised the question of tenure of assets with all other players." He pointed to separate recent events surrounding the attempts to ...
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