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    India Offered Role in Uranium Mining

    Investing News Network
    Nov. 22, 2010 04:20AM PST
    Long Tail

    The Moscow Times reports on the negotiations on a joint development of a large uranium reserve in the republic of Sakha between Rosatom and Uranium Corporation of India Limited.

    The Moscow Times reports on the negotiations on a joint development of a large uranium reserve in the republic of Sakha between Rosatom and Uranium Corporation of India Limited.

    The market news is quoted as saying:

    A proposal has already been made and now “the ball is with the Indian side,” Kiriyenko said, Interfax reported. The terms of the possible deal were not disclosed. A Rosatom spokesman said only that Russia must retain a controlling stake in the project.

    Click here to access the entire market news.

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