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Rio Tinto streamlines organisational structure

[Нийтэлсэн: 28.02.2015] [Эх сурвалж: ]

Rio Tinto is streamlining its product groups and corporate functions as part of the continued focus on efficiency and costs.

Ecological gold from Mongolia: Artisanal miners obtain Fairmined Certification

[Нийтэлсэн: 28.02.2015] [Эх сурвалж: ]

For the first time ever an artisanal and small-scale mining organization outside of South America has reached Fairmined Certification. The Mongolian NGO XAMODX now joins the existing three Fairmined certified organizations. They are the only producer of Fairmined Ecological Gold, a special Fairmined label for Fairmined Gold produced without the use of mercury or cyanide.

SouthGobi Employees Depart Mongolia After Presidential Pardon

[Нийтэлсэн: 28.02.2015] [Эх сурвалж: ]

A day after receiving a presidential pardon three former employees of SouthGobi Sands LLC left Mongolia.

Here’s why the copper price is rallying

[Нийтэлсэн: 27.02.2015] [Эх сурвалж: ]

In afternoon New York trade on Thursday copper for delivery in May jumped more than 2% topping $2.70 per pound on renewed hopes of a soft landing for the economy of top consumer of the metal China.

Mongolia Pardons American, 2 Filipinos in Tax Case

[Нийтэлсэн: 27.02.2015] [Эх сурвалж: ]

Mongolia’s president on Thursday pardoned an American mining executive and two Filipinos sentenced to prison for tax evasion, in a case that raised questions about the Asian nation’s reputation as an investment destination.

Rio’s Turquoise Hill gets rid of remaining stake in SouthGobi

[Нийтэлсэн: 26.02.2015] [Эх сурвалж: ]

Rio Tinto’s Turquoise Hill (TSX:TRQ) is getting rid of its remaining stake in SouthGobi Resources Ltd. (TSX:SGQ) a troubled Mongolia-focused coal miner.

Turquoise Hill Announces Sale of Remaining Stake in SouthGobi Resources

[Нийтэлсэн: 25.02.2015] [Эх сурвалж: ]

Turquoise Hill Resources (NYSE: TRQ) (NASDAQ: TRQ) (TSX: TRQ) (Turquoise Hill or the Company) today announced that it has entered into a share purchase agreement with Novel Sunrise Investments Limited (the Purchaser), a private investment holding company with affiliated Chinese-based enterprises in real estate, logistics and supply-chain management, providing for the sale to the Purchaser [...]

Посол США в Монголии отчитал министра Улан-Батора за то, что в их угольном тендере выиграл Китай, а не США

[Нийтэлсэн: 24.02.2015] [Эх сурвалж: ]

Свое недовольство результатами тендера, проведенного с Улан-Баторе, заявила Чрезвычайный и Полномочный посол США в Монголии Пайпер Энн Уинд Кемпбелл обращаясь к руководителю специальной рабочей группы правительства Монголии в ранге министра М. Энхсайхану.

Global coal industry to 2018

[Нийтэлсэн: 24.02.2015] [Эх сурвалж: ]

According to a recent report by Lucintel, the global coal industry is expected to reach US$1036 billion by 2018.

Coal miners jailed for Mongolia tax evasion seek pardon

[Нийтэлсэн: 24.02.2015] [Эх сурвалж: ]

Earlier this month, three ex-employees of SouthGobi Resources, a coal producer owned Turquoise Hill (TSE, NYSE:TRQ), were found guilty of tax evasion by a Mongolian court. Under Mongolian law, tax and other disputes are pursued in courts under the criminal code.

Centerra Gold reports Q4 net loss on Kyrgyz impairment charge

[Нийтэлсэн: 22.02.2015] [Эх сурвалж: ]

TSX-listed Centerra Gold has swung to a fourth-quarter loss, mainly impacted by a significant impairment charge on its Kyrgyz cash generating unit, fewer ounces produced and sold and lower realised gold prices.

Economic boost as Russia’s largest coal mine opened in Siberia

[Нийтэлсэн: 20.02.2015] [Эх сурвалж: ]

Russia’s largest coal mine has been officially opened in southern Siberia, with hopes the sprawling site will provide a welcome economic boost to the region.

Mongolian Parliament backs bid to end Rio copper mine dispute

[Нийтэлсэн: 19.02.2015] [Эх сурвалж: ]

Mongolia’s parliament has backed its new prime minister’s plan to resolve a long-running dispute with global miner Rio Tinto this year over plans to expand the massive Oyu Tolgoi copper mine.

Chinese coking coal sector will continue to suffer in 2015

[Нийтэлсэн: 19.02.2015] [Эх сурвалж: ]

According to the CRU Group, Chinese coking coal prices have undergone a continuous deterioration, exhibiting a 29% y/y decline in 2014 and CRU estimates that approximately 44% of coking coal output is currently loss-making. However, up to year-end, no obvious pull back in Chinese coking coal production had been observed in 2014.

Thermal coal price outlook dependent on Indian import demand

[Нийтэлсэн: 19.02.2015] [Эх сурвалж: ]

Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal, according to analysis from CRU Group.

Short-term coal industry outlook

[Нийтэлсэн: 18.02.2015] [Эх сурвалж: ]

According to the US Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO), total electric power sector coal stocks increased by 6 million t in November 2014 to 142 million t at month end. The increase in coal stocks followed the typical seasonal pattern where coal-fired electric power plants build stocks during the autumn months [...]

Northern Railways achieves important rail milestones

[Нийтэлсэн: 18.02.2015] [Эх сурвалж: ]

Aspire Mining Limited has announced that its Mongolian rail infrastructure subsidiary, Northern Railways LLC, has received two important signoffs from the Mongolian Government necessary to progress Rail Concession negotiations with the Mongolian Government.

Tian Poh Resources raises $1.6M, acquiring stake in Mongolian molybdenum-copper project

[Нийтэлсэн: 17.02.2015] [Эх сурвалж: ]

Tian Poh Resources (ASX:TPO) has raised $1.62 million through a share placement and has secured an exclusive option to acquire a 51% interest in the Zuun Mod Molybdenum-Copper deposit in Mongolia.

Mongolia’s Lacking Due Process Versus Families On Social Media

[Нийтэлсэн: 17.02.2015] [Эх сурвалж: ]

American Justin Kapla and Filipinos Hilarion Cajucom Jr. and Cristobal David have been detained in Mongolia for 818 days now. Americans who wish to draw this case to President Obama’s attention can sign this linked petition for Mr. Kapla and this one by Mr. Cajucom’s family in the U.S. to accomplish that. Supporters of Hilaron [...]

Rio shuns Mongolia plan to swap Oyu Tolgoi equity for royalties

[Нийтэлсэн: 15.02.2015] [Эх сурвалж: ]

Global miner Rio Tinto is not interested in a proposal by Mongolia to cut its equity stake in key mines such as Rio’s Oyu Tolgoi in exchange for more royalties, CEO Sam Walsh said on Thursday.

Rio Tinto unveils $2bn share buyback

[Нийтэлсэн: 12.02.2015] [Эх сурвалж: ]

Rio Tinto has warned of lower prices for miners as a result of slowing Chinese growth as it unveiled a $2bn share buyback to meet pledges to raise returns for investors.

Mongolian firm mines 100 million t of coal

[Нийтэлсэн: 12.02.2015] [Эх сурвалж: ]

One of the biggest Mongolian mining companies, Baganuur JSC, has exploited its 100 millionth tonne of coal, coinciding with the 37th anniversary of the mine’s opening.

Norway divests from coal

[Нийтэлсэн: 11.02.2015] [Эх сурвалж: ]

Norway’s Government Pension Fund Global (GPFG) – the world’s richest sovereign wealth fund – has begun to divest from coal and other fossil fuels.

Citi: Oil Could Plunge to $20, and This Might Be ‘the End of OPEC’

[Нийтэлсэн: 10.02.2015] [Эх сурвалж: ]

The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a report on Monday as it lowered its forecast for crude.

Dark times: exploration and mine development review 2015

[Нийтэлсэн: 10.02.2015] [Эх сурвалж: ]

2014 proved to be one of the bleaker years for coal project development, with coal prices following a downward trend, leaving little incentive to invest in both exploration and projects.

Mongolia looks at equity for royalties swap in big mining projects

[Нийтэлсэн: 07.02.2015] [Эх сурвалж: ]

Mongolia is looking to revive stalled foreign investment in large mining projects by considering a reduction of its equity stake in strategic mines in exchange for higher royalties, according to a government plan due to be unveiled on Friday.

Mongolia text poll’s Oyu Tolgoi impact

[Нийтэлсэн: 06.02.2015] [Эх сурвалж: ]

Mongolia’s referendum by text message that asked its three million citizens (anyone with a mobile phone could participate, not just eligible voters) to help shape country’s economic policy, is either a triumph of direct democracy, a meaningless political exercise, or both.

The Jailing of Foreigners in Mongolia Is Unnerving the Business Community

[Нийтэлсэн: 06.02.2015] [Эх сурвалж: ]

In 2011, the resource-rich landlocked nation ranked as one of the fastest growing economies on earth, though falling commodity prices have since taken their toll

Can Turquoise Hill Overcome Consequences From Mongolia’s Divided Leaders?

[Нийтэлсэн: 05.02.2015] [Эх сурвалж: ]

The recent verdict concerning SouthGobi Resources Ltd. (OTC:SGQRF), whereby three former employees received harsh prison sentences, and the company was fined $18 million for alleged tax evasion, underscores the growing threat Turquoise Hill Resources (NYSE:TRQ) faces in Mongolia, specifically with its flagship mine – Oyu Tolgoi.

Mongolians text ‘no’ to austerity

[Нийтэлсэн: 05.02.2015] [Эх сурвалж: ]

Mongolians have voted by text “X Factor” style and the answer is in: austerity is out, investment is in.



Шинээр

Rio Tinto streamlines organisational structure
[Нийтэлсэн: 28.02.2015 ]
[Эх сурвалж: ]
SouthGobi Employees Depart Mongolia After Presidential Pardon
[Нийтэлсэн: 28.02.2015 ]
[Эх сурвалж: ]
Archaeologists unearth lost fortress of Genghis Khan in western Mongolia
[Нийтэлсэн: 28.02.2015 ]
[Эх сурвалж: ]
Mongolia Has a Business Plan: It’s Called Singapore
[Нийтэлсэн: 27.02.2015 ]
[Эх сурвалж: ]
Here’s why the copper price is rallying
[Нийтэлсэн: 27.02.2015 ]
[Эх сурвалж: ]
Mongolia’s retail sector experiencing high inflation pressures
[Нийтэлсэн: 27.02.2015 ]
[Эх сурвалж: ]
Mongolia Pardons American, 2 Filipinos in Tax Case
[Нийтэлсэн: 27.02.2015 ]
[Эх сурвалж: ]

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