Ангилал: Уул уурхай
Copper stocks deep into red as gold miners surge
It was a tale of two markets on Friday as the shares of diversified mining majors were dumped and gold stocks surged after the UK’s vote to leave the European union wreaked havoc on financial and commodity markets.
Are copper and China set to rally?
In marked contrast to gold, copper looks to be set up for a sizable rally here. On its one-year chart we can see that after its significant drop during May and early June, it is down on an important support level that is certainly capable of generating a rally, despite its still bearishly aligned moving [...]
Turquoise Hill Resources Ltd. (NYSE:TRQ) Analyst Rating Consensus
Turquoise Hill Resources Ltd. (NYSE:TRQ) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 1 Brokerage Firm. 1 Brokerage Firms have advised hold.
Кыргызстан повторит «монгольскую ошибку»?
Монголия готова выплатить 70 млн долларов за приведение в порядок своей испачканной инвестиционной репутации. Наша республика тоже будет вынуждена пойти на такой опасный шаг? Мы тоже можем повторить такие ошибки по причине подливания масла в огонь.
Rio Tinto Unit Leads Mining Stock Gains on Push for Gobi Riches
The best bet among Americas mining stocks this week is the owner of a giant copper deposit in the Gobi Desert, a sign the industry is entering a new phase after years of cutbacks.
Новиченко объяснил выбор Краснокаменска местом размещения медеплавильного завода
Вице-премьер правительства Забайкальского края Сергей Новиченко 20 июня на пресс-конференции по итогам Петербургского экономического форума объяснил выбор Краснокаменска местом размещения медеплавильного завода текущими возможностями города для размещения готовых производств.
Canada’s Erdene Resource sees bright future after striking gold in Mongolia
Canada’s Erdene Resource (TSX:ERD), one of the very few miners to never have encountered issues in Mongolia, has seen its shares soar in the last few months after the company hit the jackpot with a new multi-ounce gold discovery in the country’s southwest.
BNEF: Coal to stay cheap
The 2016 edition of BNEF’s long-term forecast expects US$11.4 trillion investment in global power generation capacity over 25 yrs, with electric vehicles boosting electricity demand by 8% in 2040. Low prices for coal and gas are likely to continue.
Turquoise Hill soars on Rio Tinto increasing stake rumours
Shares in Rio Tinto-controlled Turquoise Hill Resources (TSE, NYSE:TRQ) soared Monday on reports that the mining giant had hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.
Chinese miners eye Glencore’s Kazakh gold operation
Chinese firms Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. are said to be competing for Glencore’s (LON:GLEN) gold mine in Kazakhstan, which the miner and commodities giant put up for sale earlier this year.
Centerra Gold seeks international arbitration for dispute with Kyrgyzstan
Canada’s Centerra Gold (TSX:CG) has taken its dispute with Kyrgyzstan over the firm’s vast Kumtor gold mine to international arbitration, following the Central Asian country’s string of penalties and fees the firm considers to be without merit.
Kincora consolidates the Mongolian southern Gobi copper-gold belt
Kincora Copper Limited (the “Company”, “Kincora”) (TSXV:KCC) is pleased to announce it has reached agreement providing for the merger of two Kincora subsidiaries with Ibex Land Mongolia LLC and Ibex Mongolia LLC (“Ibex”), entities indirectly controlled by High Power Exploration Inc (“HPX”).
Copper price won’t lag spiking oil for much longer
The price of copper in New York was drifting lower on Tuesday with July futures exchanging hands for $2.0870 a pound in late afternoon trade.
«Роснефть» заняла 80% рынка нефтепродуктов Монголии
«С ключевыми покупателями на рынке Монголии были проведены успешные переговоры об условиях контрактов на годовой период 2015-2016 гг., в результате которых были достигнуты договоренности о сохранении ценовых формул и объемов на уровне не менее 2014 г.», — сообщает «Роснефть».
Mongolia set to pay $70 mln to end Khan mine dispute-source
Mongolia is ready to deliver a $70 million payment to Toronto-listed uranium miner Khan Resources, a government source said, wrapping up a seven-year dispute that tarnished the country’s reputation as a hot mining destination.
Coal indispensible for energy security
Coal is a key component of a secure energy supply, according to a new study from the IEA Coal Industry Advisory Board (CIAB), which assesses the impact of coal use on energy security in several important world regions.
From ‘Minegolia’ to a country in crisis: Mongolia looks to reverse its fortunes
Chimgee remembers the days people crowded in front of her meat market stall, waiting to buy from her storage locker jammed to the ceiling with beef, goat, sheep, camel and horse carcasses.
Rio Tinto goes ahead with $5.3 billion expansion of Oyu Tolgoi
In a fresh sign that the downturn in the resources industry may be finally over, mining giant Rio Tinto (LON:RIO) and its Canadian affiliate Turquoise Hill (TSE:TRQ) have signed off on a $5.3 billion expansion of their massive Oyu Tolgoi copper and gold mine in Mongolia.
Unit of Eastern Europe’s largest private coal miner files for insolvency
The main unit of Eastern Europe’s largest private coal miner New World Resources (LON:NWR) filed for insolvency on Tuesday, after the Czech government and company creditors refused to offer the firm a financial lifeline.
Investor sentiment toward Mongolia is improving, but don’t expect ‘Minegolia’
Xanadu Mines chief executive Andrew Stewart used to need 15 hours to drive to his flagship Kharmagtai exploration site in Mongolia’s South Gobi desert.
China and India could destabilize global coal market
Coal has historically played and continues to play a central role in the industrialization and development of nations. A convergence of factors, including China’s spectacular rise, has however had a significant destabilizing effect on the global coal market.