Investor Wants $750M From Failed Uranium Mine Partner

Law360, New York (September 21, 2012, 8:03 PM ET) -- Barbados-based NWG Investments Inc. on Thursday launched a fraud suit in New York state court against the former Fronteer Gold Inc. accusing the Canadian miner of duping NWG into a merger just before Fronteer's highly touted uranium project was shut down, allegedly costing its new partner $750 million in damages.

Fronteer convinced NWG in 2007 to mesh its gold mining business with Fronteer's Canadian uranium venture even though Fronteer was well aware the regional Inuit authority intended to issue a moratorium on uranium mining in its...
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