uranium gold founded 1997 headquarters toronto ontario canada key people chris sattler ceo vadim zhivov president number of employees 2 220 1 parent rosatom state atomic energy corporation website www.uranium1.com uranium one is a uranium mining company owned by the russian government with headquarters in toronto and operations in australia canada kazakhstan south africa and the united states . in january 2013 rosatom a russian state owned enterprise through its subsidiary armz uranium holding purchased the company by a value of 1.3 billion . 2 contents 1 history 2 see also 3 references 4 external links history edit the company was founded january 2 1997 as southern cross resources inc. on july 5 2005 southern cross resources inc. and aflease gold and uranium resources ltd announced that they would be merging under the name sxr uranium one inc. 3 in 2007 uranium one acquired a controlling interest in urasia energy 4 a canadian firm with headquarters in vancouver from frank giustra . 5 urasia energy has interests in rich uranium operations in kazakhstan . 6 urasia energy s acquisition of its kazakhstan uranium interests from kazatomprom followed a trip to almaty in 2005 by giustra and former u.s. president bill clinton where they met with nursultan nazarbayev the leader of kazakhstan . substantial contributions to the clinton foundation by giustra followed . 5 7 8 in june 2009 the russian uranium mining company armz uranium holding co. armz a part of rosatom acquired 16.6 % of shares in uranium one in exchange for a 50 % interest in karatau uranium mining project a joint venture with kazatomprom . 9 in june 2010 uranium one acquired 50 % and 49 % respective interests in southern kazakhstan based akbastau and zarechnoye uranium mines from armz . in exchange armz increased its stake in uranium one to 51 % . the acquisition resulted in a 60 % annual production increase at uranium one from approximately 10 million to 16 million lb . 10 11 the deal was subject to anti trust and other conditions and was not finalized until the companies received kazakh regulatory approvals approval under canadian investment law clearance by the us committee on foreign investments and approvals from both the toronto and johannesburg stock exchanges . the deal was finalized by the end of 2010 . 11 uranium one paid its minority shareholders a significant dividend of 1.06 united states dollars at the end of 2010 . armz took complete control of uranium one in january 2013 2 in a transaction which was reviewed by the committee on foreign investment in the united states . 7 in december 2013 an internal reorganization of rosatom extinguished the interest of armz making uranium one a direct subsidiary of rosatom . 3 see also edit companies portal list of uranium mines uranium participation corporation hillary clinton presidential campaign 2016 references edit a b company profile for uranium one inc ca ; uuu . retrieved 2008 10 10 . a b fp uranium one bought by top russian shareholder armz for 1.3 billion koven january 14 2013 a b wise uranium project following the completion of the going private transaction and an internal reorganization by armz s parent corporation russia s state atomic energy company rosatom in december 2013 uranium one is now a wholly owned indirect subsidiary of rosatom and is no longer controlled by armz . updated april 1 2015 accessed april 23 2015 kazakhstan probing sales of uranium deposit shares a b an ex president a mining deal and a big donor by jo becker and don van natta jr. the new york times january 31 2008 urasia energy ltd. updated 21 april 2007 accessed 23 april 2015 a b jo becker and mike mcintire april 23 2015 . cash flowed to clinton foundation as russians pressed for control of uranium company . the new york times . retrieved april 23 2015 . canadian mining financier frank giustra orchestrated his first big uranium deal with mr. clinton at his side . jo becker and don van natta jr. january 31 2008 . after mining deal financier donated to clinton . the new york times . retrieved april 23 2015 . the monster deal stunned the mining industry turning an unknown shell company into one of the world s largest uranium producers in a transaction ultimately worth tens of millions of dollars to mr. giustra analysts said . kazakh tie in for uranium one and armz . world nuclear news . 2009 06 15 . retrieved 2009 06 24 . uranium one to acquire two more kazakh mines from armz and to pay special dividend to minority shareholders of at least us 1.06 per share a b armz takes hold of uranium one . world nuclear news . 2010 06 09 . retrieved 2010 06 09 . external links edit official web site sedar company profile retrieved from https en.wikipedia.org w index.php title uranium one & oldid 744293860 categories companies formerly listed on the toronto stock exchangeuranium mining companies of canadarosatomhidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 14 october 2016 at 09 59 . text is available under the creative commons attribution sharealike license ; 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