- Reuters•5 months ago
China's CGN Mining Co Limited , the first direct Chinese investor in a Canadian uranium project, is interested in buying stakes in more Canadian companies, a company official said on Sunday. CGN bought a nearly 20 percent stake for C$82.2 million ($61.63 million) in Fission Uranium Corp, Fission said in December. "Of course we have interest but it depends on their price," said Jianhua Xing, deputy general manager of CGN Uranium Resources Co Ltd, when asked about companies such as NexGen Energy Ltd and Mines Denison, which have uranium development projects in northern Saskatchewan.
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