Reuters: Khan Resources hits hurdle in ARMZ litigation

Canada’s Khan Resources said an Ontario court upheld an appeal from Russian uranium miner Atomredmetzoloto JSC (ARMZ), wherein Khan and its affiliates will not be able to proceed in Ontario with their C$300 million lawsuit. Khan had sued ARMZ in the Ontario Superior Court of Justice for alleged interference in its Mongolian operations, but the Russian justice ministry had refused to effect service on the state-owned miner in February. To read the full article, click hereKhan Resources hits hurdle in ARMZ litigation

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