Ангилал: Уул уурхай
Монголия увеличила закупки российского топлива
Железнодорожные поставки российского моторного топлива в Монголию резко выросли в марте на фоне усиления спроса со стороны местных компаний и снижения привлекательности других направлений поставок для российских экспортеров. Монгольские компании активизировали закупки бензина и дизельного топлива в марте, рассчитывая на рост цен в апреле.
Berkh Uul production on fast track
With Viking Ashanti moving closer to a friendly takeover of private company Auminco Mines, the combined entity believes it could become a producer of thermal coal from the Berkh Uul project within the next 12 to 18 months.
Turquoise Hill Gains as Mongolian PM Gives Mine Funding Support
Turquoise Hill Resources (TRQ) Ltd. rose to a one-month high after Mongolia’s Prime Minister Altankhuyag Norov said his government fully supports project financing to restart construction on the second phase of the Oyu Tolgoi mine.
Turquoise Hill buys time for Oyu Tolgoi expansion
Shares in Turquoise Hill Resources (TSE:TRQ) dropped 4% on Tuesday after the company gave an update on production and financing for an underground expansion project at its massive Oyu Tolgoi mine in Mongolia.
Copper is pathological and suffers from SAD, but it has value – Goldie
Dr. Copper may be in a supercycle, but there are serious problems. Raymond Goldie explains that the base metal acts pathologically and has a bad case of seasonal affective disorder. Gold Report interview.
Rio’s Turquoise Hill Says Parties to Seek OT Funding Extension
Turquoise Hill Resources Ltd. (TRQ), the miner controlled by Rio Tinto Group, said all parties in the Oyu Tolgoi copper mine in Mongolia agreed to seek a funding extension for the underground expansion amid talks with the government.
Mongolia’s investor relations: a job for Genghis Khan?
It was only an April Fool’s day joke – but when an Ulaanbaatar website suggested that Mongolia go on a Genghis Khan-style “investor roadshow” across several continents on horseback to win back international investors, it hinted at the size of the image deficit the north Asian nation faces.
Copper Glut Seen Imperiled as Projects Face Delays
Copper is heading for the biggest surplus in 13 years as new supply hits the market. The excess may turn out to be smaller than investors expect as new mines struggle to ramp up, according to the metal’s biggest producer.
Aspire Mining to supply Ovoot coking coal to Sainshand Industrial Park
Aspire Mining (ASX: AKM) should trade higher today after it signed an agreement with a Mongolian Government entity to supply future coal produced from the Ovoot Project in Mongolia to the Sainshand Industrial Complex.
China’s Shenhua to invest in cross-border rail link from Mongolia
Shenhua Group, China’s top coal producer, will form a joint venture with partners in Mongolia to build a cross-border rail link that will help ship coal to China, the company confirmed on Wednesday.
Mongolia counts cost of mine delay as RioTinto deadline passes
A dispute between the Mongolian government and its biggest foreign investor over the expansion of one of the world’s largest copper mines has added to concerns over the country’s faltering economy.
China to shut down 2,000 coal mines this year
China will shut down roughly 2,000 small coal mines this year, with a total capacity of 117.48 million tonnes, as part of the Beijing’s ongoing plan to reduce the alarming rates of air pollution and reduce the nation’s dependency on the fossil fuel.
RF Defence Minister Sergei Shoigu suggests shifting of coal flows from Eastern to Southern direction
At the meeting of RF Government, Defence Minister Sergei Shoigu suggested the development of coal transportation towards the southern regions – through Western Mongolia to China and then to other countries, the meeting transcript reads.
Mongolia’s mining boom takes toll in locals health
In recent years Mongolia has gained a worldwide reputation of being “the next big thing” in mining, but the investment rush is reaching a familiar turning point, with experts warning that unchecked economic growth and mining-related infrastructure projects have begun posing a risk to the country’s rich environment and biodiversity.
Монголия заинтересовалась эстонским опытом добычи горючего сланца
В конце марта эстонское государственное предприятие Eesti Energia и его дочернее предприятие, занимающееся переработкой горючего сланца в масло Eesti Energia Оlitооstus посетили руководители крупного монгольского предприятия Narantuul. Об этом ИА REGNUM сегодня, 2 апреля, сообщили в пресс-службе Eesti Energia, отметив, что целью визита было знакомство со сланцевой промышленностью Эстонии. В Монголии находятся богатые залежи сланца, [...]
Mongolia’s mining boom raises environment concerns
With an abundance of minerals and one of the world’s fastest growing economies, Mongolia is a hotspot for mining companies. But, lawmakers are struggling to ensure the environment doesn’t pay a heavy price.
Copper Set for Second Weekly Gain on Mine Supply Concern, China
Copper headed for a second weekly advance on concern that supplies from global mines will trail forecasts and amid speculation demand may increase in China, the biggest user of industrial metals.
Australia iron ore, copper production to increase – BREE report
Fresh from the defeat in Australia’s Senate of the Liberal Party’s proposed repeal of the Mining Resources Rent Tax, the country’s Ministry for Industry Ian Macfarlane Wednesday declared, “This government is firmly behind our miners and our mining industry.”
Rio Tinto’s Oyu Tolgoi likely to miss deadline for financing
Rio Tinto’s (ASX, LON, NYSE:RIO) underground expansion of the massive Oyu Tolgoi copper-gold mine is set to face further setbacks as a deadline to secure project finance may be missed, said Wednesday Vancouver-based Turquoise Hill (NYSE:TRQ), which operates the Mongolian open-pit mine.
Turquoise Hill sees Oyu Tolgoi production below forecasts
Technical problems hit first-quarter production at Rio Tinto’s Oyu Tolgoi copper and gold mine in Mongolia, and full-year output may be lower than previously forecast, Turquoise Hill Resources said on Wednesday.
Turquoise Hill May Seek Extension From Oyu Tolgoi Lenders
Turquoise Hill Resources Ltd., the miner controlled by Rio Tinto Group, may ask lenders to extend financing for the $6.2 billion Oyu Tolgoi copper and gold project as talks continue with the Mongolian government.