Ангилал: Уул уурхай
Solar Bankers Secures Lithium Mining Rights in Mongolia
Solar Bankers has secured offtake rights for a large reserve of lithium in Mongolia together with a Swiss partner company. Lithium is a highly demanded precious metal with a wide range of uses and applications, most prominently in the production of batteries and other electronic devices. Lithium has gained importance in the renewable energy sector [...]
Scientists produce high-grade rare earths from coal
Scientists from the University of Kentucky have produced nearly-pure rare earth concentrates from coal, using an environmentally-conscious and cost-effective process.
Xanadu Mines drills high-grade copper below current resource in Mongolia
Xanadu Mines Ltd (ASX:XAM) has successfully drilled extensions of high-grade copper along strike and below the current resource at the Stockwork Hill deposit within the Kharmagtai project in Mongolia.
In bizarre twist, coal may become a scarce commodity: Russell
The idea of coal as a scarce commodity seems somewhat preposterous given it remains one of the most abundant mineral resources on the planet, but the coming years may see a deficit in seaborne markets for the polluting fuel.
Xi’s China a boon for mining
Most analysis of the 19th National Congress of the Communist Party of China has focused on how President Xi Jinping is consolidating his already considerable power acquired through a purge of opponents in a corruption crackdown that shows no sign of slowing down.
Copper price: Rio slashes production guidance
On Monday, the copper price surged to $3.25 a pound or $7,165 a tonne, its highest level in more than three-and-half years over optimism about the strength of the economy of top consumer China and worries about global supply.
Chinese companies to build 700 coal plants in and outside China
Coal is dead. Coal mining is a sunset industry. Donald Trump is crazy if he thinks he can revive Big Coal. While all these statements have become part of global consciousness when it comes to the future of the much-maligned fossil fuel, a report by Urgewald, a Berlin-based environmental group, casts doubt on at least [...]
Xanadu Mines confirms three large porphyry targets
Xanadu Mines (ASX:XAM) has confirmed that three of its 19 copper-gold and gold targets are new large-scale porphyry prospects within its flagship Kharmagtai project in Mongolia.
Mongolia’s tiny stock market soars on coal trade renaissance
A boom in the coal trade in Mongolia has helped elevate the country’s benchmark stock index and pump the tiny exchange’s market capitalisation to five-year highs as optimism about the economy grows following a bailout deal.
Miner Kincora secures EBRD help to explore Mongolia
Canadian-listed miner Kincora Copper on Friday said the European Bank for Reconstruction and Development would acquire a 6.16 percent stake in the company for 1.4 million Canadian dollars ($1.1 million) to further its exploration in Mongolia.
Монгольский уголь объезжает Китай
Монголия, регулярно сталкивающаяся с проблемами при вывозе своего угля в Китай, пытается переключить часть экспорта на российский Дальний Восток. Пока предполагается отгрузка небольших партий через Восточный порт в Находке. По мнению источников “Ъ” и экспертов, при реальной потребности Монголии в диверсификации поставок это соглашение выглядит скорее политическим и монгольский уголь будет конкурировать за портовые мощности [...]
Xanadu Mines confirms higher-grade mineralisation across porphyry at Kharmagtai
Xanadu Mines Ltd (ASX:XAM) continues to make high-grade copper-gold intercepts from diamond drilling at the Stockwork Hill deposit, located within the company’s Kharmagtai project in Mongolia.
Copper price powers on but doubts are starting to creep in
December copper futures trading on the Comex market in New York powered ahead on Monday after hedge funds pushed bullish bets on the metal to fresh record highs. Copper touched a high of $3.1095 a pound ($6,855 per tonne) up more than 1% from Friday’s closing price and the highest since October 2014. Copper is [...]
China’s largest coal miner sees prices around 550 yuan/tonne in H2
China’s largest coal miner Shenhua sees spot prices around 550 yuan ($83) per tonne with supply stable going into winter, the company said on Monday, easing worries that a cut in coal output could fuel another rally in prices.
Copper price surges to 32-month high as hedge funds place $20 billion bet
Copper futures trading on the Comex market in New York raced ahead on Wednesday as global supply disruptions came back into view and large-scale speculators place huge bets on rising prices.
How a group of Mongolian herders took on a mining giant — and won
WASHINGTON — Tending camels in the Gobi desert — moving them to fresh grazing pastures in the spring and summer, and to shelter in the winter — has been a way of life for families in Mongolia for thousands of years. But cycles of freezing winters and dry summers — a natural phenomenon which the [...]
Kincora Copper brings in C$4.5mln ahead of Mongolia drilling
Mongolia- focused explorer Kincora Copper Ltd (CVE:KCC) has brought in over C$4.5mln via a placing to be used for drilling at its East Tsagaan Suvarga and Bayan Tal targets.
China’s Shenhua suspends two coal mines, Mongolia set to benefit
China Shenhua Energy Co. Ltd has suspended operations at two large open-pit coal mines in northern China, it said late on Thursday, a move that could benefit producers across the border in Mongolia.
Mongolia coal export trade up fourfold in H1 on North Korea ban
Mongolia’s coal export trade grew more than fourfold in the first half of 2017, with the country benefiting from China’s ban on imports of the commodity from North Korea and curbs on deliveries into smaller ports.
China June coal imports from Mongolia, Russia rise – customs
China’s coal imports from Mongolia and Russia rose in June as utilities and steel mills sought out less expensive raw materials even as the government tried to curb purchases of foreign fuel.
Erdene Provides Exploration Update on Southwest Mongolia Gold Exploration; Continues to Expand Western Gold Zone at Bayan Khundii
Erdene Resource Development Corp. (TSX:ERD) (“Erdene” or “Company”) is pleased to provide additional assay results from the Company’s 2017 drill program at its 100% owned Bayan Khundii Gold Project (“Bayan Khundii”) in southwest Mongolia.
North Korea ban lifts coking coal price
The price of coking coal jumped on Friday with the industry benchmark price tracked by the Steel Index up 2.8% to $167.60 a tonne. Premium hard coking coal prices (FOB Australia) are now at the highest level since mid-May.
Mongolia’s rumbling resource nationalism
Mongolian stocks tanked in the aftermath of the first-round presidential contest, cast as a referendum on the ruling People’s Party (MPP) IMF program-related economic policies, before stabilizing for a 2% gain through end-June on the Bloomberg 20 leading companies index.