“Atomredmetzoloto” proposes 36.4 million for Dornod uranium

Jan 5 • Companies, Energy, Mining • 934 Views • No Comments on “Atomredmetzoloto” proposes 36.4 million for Dornod uranium

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Mongolia’s biggest uranium deposit is located in Dornod province and resource of Dornod deposit is estimated 27 thousand tons. Of this deposit, 42 percent refer to Dornod Uranium, a joint company established by Mon Atom and Atomredmetzoloto. Recently Russian Atomredmetzoloto group proposes USD 36.4 million for purchasing Canadian company Khan Resources. However the Company rejected the proposal. Currently Mongolian Government has not returned the withdrawn exploration and mining license for the deposit in Dornod.

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