Ангилал: Уул уурхай
Peabody Among Final Two Bidders for Mongolia Coal Mine
Peabody Energy Corp. (BTU) and a group consisting of Energy Resources LLC (975), China Shenhua Energy Co. (1088), and Sumitomo Corp. (8053) are the two remaining bidders for a contract to develop Tavan Tolgoi, one of Mongolia’s largest coking coal deposits.
Новая отчаянная попытка России подобраться к монгольскому урану?
О том, что немало стран имеет виды на долю в разработке богатых ураном месторождений в Монголии, в прессе говорилось много и неоднократно. Однако история участия в этом вопросе России наполнилась драматизмом и духом соперничества только в последние годы. Будет ли успешной новая попытка поучаствовать в пользовании одним из «главных монгольских сокровищ»?
China lowers coal export levies to boost ailing economy
China, the world’s biggest coal consumer, is cutting export tariffs for the fossil fuel beginning Jan. 1 and it will also correct those for a range of other commodities particularly some consumer products and parts to make high-tech devices.
Казахстан и Китай подписали соглашения на $14 млрд, в том числе о производстве ядерного топлива
Казахстан заключил с Китаем соглашение о создании совместных предприятий по производству ядерного топлива на казахстанской территории, сообщает 15 декабря «Азаттык» (казахская служба Радио Свобода).
After conquering iron ore, BHP and Rio move to dominate in copper
Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the $140 billion world market, apparently aiming to squeeze out high-cost producers just as they did in the global iron ore business.
Mongolia Prime Minister Says He’ll Fix Conflict With Rio Tinto
Promising no more business as usual, Mongolia’s new Prime Minister Saikhanbileg Chimed said his priority is to resolve a dispute with the country’s biggest foreign investor, Rio Tinto Group, over developing one of the world’s largest copper and gold mines.
Kincora Copper: Positive Milestone Achieved for 106-License Dispute
Kincora Copper Limited (the “Company”, “Kincora”) (KCC) is pleased to announce that it has agreed with MRAM costs relating to the former licenses held by its wholly owned Golden Grouse subsidiary that were revoked as part of the 106-license dispute. These direct costs will form a “threshold price”, the starting point for the competitive tender [...]
Iron-ore price nears 5-year low
Iron-ore dropped to near its lowest level in more than five years, reflecting sustained pressure from a supply glut and slower Chinese steel demand, with banking an financial services group Citigroup seeing further weakness early next year.
Commodities and the dollar
Each commodity market has its own story to tell: oil prices are falling because OPEC can’t agree production cuts, steel faces a glut from overcapacity, and even the price of maize has fallen, presumably because of good harvests.
Rio Tinto, BHP Billiton Closer to Developing the Largest Copper Mine in U.S.
Lawmakers in Arizona have revived a bill that would allow Rio Tinto (LSE:RIO) and BHP Billiton (ASX:BHP) to jointly build a massive copper mine (the biggest in the United States) in southeast Arizona.
Formalizing Mongolia’s Artisanal Mining Sector
With the appointment of Mongolia’s new prime minister, Saikhanbileg Chimed, in November, expectations are high for the further development of Mongolia’s mining industry, which accounts for 18.5 percent of the country’s GDP.
Struggling China coal producers try to boost prices for 2015 contracts
Chinese coal miners are raising spot prices in a domestic market struggling to recover from seven-year lows, desperate for an edge in annual negotiations to supply power plants, key buyers in the world’s biggest consumer of coal, industry sources say.
Mongolia Seeks Fresh Bids for Giant Coal Project
Five mining companies, including an international consortium, have said they would bid to develop Mongolia’s giant Tavan Tolgoi coal project, as the landlocked Asian nation restarts a long-awaited tender to develop the world’s largest coking coal deposit.
Turquoise Hill Extends Outside Closing Date of Proposed SouthGobi Resources Divestment
Turquoise Hill Resources (Turquoise Hill or the Company) (NYSE: TRQ)(NASDAQ: TRQ)(TSX: TRQ) today announced that it has signed an amendment (the Amendment) to its previously announced and signed sale and purchase agreement with National United Resources Holdings Limited (NUR) providing for the sale to NUR of a 25.65% stake in SouthGobi Resources Ltd. (SouthGobi), which [...]