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CNNC buying Canadian miner Khan Resources for $52.9m

By Xiao Wan | 皇冠体育app Daily | Updated: 2010-02-03 08:03

CNNC buying Canadian miner Khan Resources for $52.9m

Workers take part in the expansion of CNNC's Qinshan nuclear power station in Zhejiang province. Chinese firms are accelerating overseas development of uranium resources. Wang Chaoying

CNNC Overseas Uranium Holding Ltd (CNNC) is buying Canadian mineral exploration firm Khan Resources Inc in a C$56.5 million ($52.9 million) deal that gives it access to the Dornod field in Mongolia.

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