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Coking coal price correction turns into crash

[Нийтэлсэн: 22.04.2017] [Эх сурвалж: ]

The price of coking coal plunged again on Friday with the industry benchmark price tracked by the Steel Index dropping 9% or $26.10 to $263.40 a tonne as supply disruption following tropical storms in Australia begin to ease.

Post cyclone coking coal price plunge

[Нийтэлсэн: 21.04.2017] [Эх сурвалж: ]

The price of coking coal dropped sharply on Thursday with the industry benchmark price tracked by the Steel Index losing 4.6% to $289.50 a tonne as supply disruption following tropical storms in Australia begin to ease.

Aspire Mining study results support open cut coal mine

[Нийтэлсэн: 21.04.2017] [Эх сурвалж: ]

Aspire Mining (ASX:AKM) has received results from a conceptual mining study evaluating the viability of a mining operation at its 45% owned Nuurstei Coking Coal Project in Mongolia.

Turquoise Hill Resources’ “Neutral” Rating Reaffirmed at Credit Suisse Group AG

[Нийтэлсэн: 21.04.2017] [Эх сурвалж: ]

Credit Suisse Group AG restated their neutral rating on shares of Turquoise Hill Resources Ltd (NYSE:TRQ) (TSE:TRQ) in a research report released on Tuesday.

Miners face a changed landscape on return to Mongolia

[Нийтэлсэн: 15.04.2017] [Эх сурвалж: ]

If investors are reconsidering Mongolia at a time of rising commodity prices, they will find an ecosystem with a range of ownership and governance models from fully state-owned to joint ventures with domestic and foreign companies, to entirely private projects.

Coking coal price jumps to six-year high

[Нийтэлсэн: 14.04.2017] [Эх сурвалж: ]

The price of coking coal gapped higher again on Thursday with the industry benchmark price tracked by the Steel Index surging 4.6% to $314.00 a tonne due to continued supply outages following tropical storms in Australia.

Coking coal price soars past $300

[Нийтэлсэн: 11.04.2017] [Эх сурвалж: ]

The market for coking coal took another leap on Monday with the steelmaking raw material surging more than 6% to $300.30 (Australia free-on-board premium hard coking coal tracked by the Steel Index), a 19-week high.

Coking coal price close to $300 a tonne on Australian disruptions

[Нийтэлсэн: 10.04.2017] [Эх сурвалж: ]

Coking coal prices closed the week 86% higher, climbing 34% on Friday alone to $283.10 a tonne, after damage caused by a cyclone that struck Australia’s north-east coast in late March has put supply at risk.

Erdene Resource moving forward with flagship project in Mongolia

[Нийтэлсэн: 09.04.2017] [Эх сурвалж: ]

Canada’s Erdene Resource Development (TSX:ERD), the company that literally struck gold earlier this year after finding its new Mongolia-based gold project was richer than previously thought, expects to move Bayan Khundii towards its maiden resource estimate by 2018.

Coking coal price surges 15%

[Нийтэлсэн: 06.04.2017] [Эх сурвалж: ]

The market for coking coal exploded on Monday with the steelmaking raw material surging more than 15% to $175.70 (Australia free-on-board premium hard coking coal tracked by the Steel Index), an 11-week high.

This firm may make coal’s future a lot brighter

[Нийтэлсэн: 04.04.2017] [Эх сурвалж: ]

Australia’s Dotz Nano (ASX:DTZ), a nanotechnology firm focus on creating quantum dots — an innovation that can make TVs brighter and counterfeiting harder — has just found a hot new use for coal.

Rio Tinto’s copper boss sees small market deficit this year

[Нийтэлсэн: 03.04.2017] [Эх сурвалж: ]

The copper market is likely to see a small shortage as early as this year because of a lack of new supply and the removal of up to 800,000 tonnes over the past 18 months in response to modest prices, Rio Tinto’s copper and diamonds chief will say on Tuesday.

Thermal coal price rally to hold

[Нийтэлсэн: 30.03.2017] [Эх сурвалж: ]

After a surge in coal prices in the second half of 2016 on the back of mining curbs imposed by China, both thermal and metallurgical coal have declined sharply this year.

Mongolian Mining Chapter 15 Bankruptcy Restructuring

[Нийтэлсэн: 25.03.2017] [Эх сурвалж: ]

Ulaanbaatar, Mongolia-based Mongolian Mining filed for Chapter 15 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 17-10695. The Company, which engages in mining, processing, transportation and sale of coal products in Mongolia, is represented by Timothy E. Graulich of Davis Polk & Wardwell.

Copper price falls on Grasberg production resumption

[Нийтэлсэн: 22.03.2017] [Эх сурвалж: ]

In New York on Tuesday copper for delivery in May suffered a second day of markdowns trading at $2.6075 per pound or $5,750 a tonne as output disruptions at the world’s biggest mines appear to be closer to being resolved. Copper is down more than 3% this week.

Chinese data, strikes bring copper price back to boil

[Нийтэлсэн: 16.03.2017] [Эх сурвалж: ]

In New York on Tuesday copper for delivery in May enjoyed a third day of gains adding 1% to $2.6505 per pound or $5,843 a tonne on the back of upbeat economic data from China and continued labour disruptions at the world’s biggest mines.

Copper supply disruptions push prices up

[Нийтэлсэн: 14.03.2017] [Эх сурвалж: ]

Copper prices climbed Monday, helped mainly by ongoing supply disruptions at two massive mines in Chile and Indonesia, intensified by an indefinite strike that broke Friday at Freeport-McMoRan’s (NYSE:FCX) Cerro Verde mine in Peru the country’s largest.

Mongolia sees no change in Oyu Tolgoi copper stake

[Нийтэлсэн: 10.03.2017] [Эх сурвалж: ]

Mongolia said it has no plans to change the size of its stake in the massive Oyu Tolgoi copper mine, although it is seeking to boost exploration as it works to bolster its finances following an IMF-led loan deal.

Copper price falls to 8-week low

[Нийтэлсэн: 09.03.2017] [Эх сурвалж: ]

In New York on Tuesday copper for delivery in May fell as much as 1.7% to $2.6080 per pound or $5,750 a tonne after a surge in warehouse stocks in Asia limiting the impact of supply disruptions at the world’s biggest mines.

Mongolian mining company set to benefit from Parker Ash Probe with latest software

[Нийтэлсэн: 02.03.2017] [Эх сурвалж: ]

Parker Bretby Gammatech, part of Parker Hannifin, the global leader in motion and control technologies, has secured a major new contract with Mongolyn Alt Corp. (MAK) to supply and commission an Ash Probe – Portable Ash Instrument Analyser, which includes innovative AshGraffix software.

Gobi Coal & Energy acquires advanced uranium project

[Нийтэлсэн: 02.03.2017] [Эх сурвалж: ]

Gobi Coal & Energy has announced its 100% stock acquisition of Zaraiya Holdings Ltd, which wholly owns an advanced in-situ leach uranium project in Mongolia, adjacent to AREVA. The acquisition is expected to complete in March and demonstrates Gobi Coal’s progress towards becoming a diversified multi-national energy resources company focused on high value projects. As [...]

Copper price jumps on Grasberg grind, Escondida escalation

[Нийтэлсэн: 02.03.2017] [Эх сурвалж: ]

In New York on Wednesday copper for delivery in May gained for the fourth day in a row, jumping 2% to hit a day high of $2.7685 per pound or $6,103 a tonne as a return to production at two top mines – combined responsible for some 8% of global output – looks increasingly doubtful [...]

China’s coal consumption keeps plummeting, down for 3rd year in a row

[Нийтэлсэн: 01.03.2017] [Эх сурвалж: ]

China’s coal consumption dropped in 2016 for a third year in a row, official data showed Tuesday, as the world’s top consumer and producer of the fossil fuel continued tightening environmental rules aimed at dealing with pollution.

Copper price: Escondida deal beginning to look distant

[Нийтэлсэн: 28.02.2017] [Эх сурвалж: ]

In New York on Monday copper for delivery in May was trading slightly for the better at $2.6980 per pound or $5,940 a tonne after conflicting reports about talks between BHP Billiton and workers at its Escondida mine in Chile.

China’s coal imports from North Korea ease after sanctions

[Нийтэлсэн: 26.02.2017] [Эх сурвалж: ]

China’s coal imports from North Korea eased last month after new U.N. Security Council sanctions curbing the isolated country’s sales abroad came into effect, while Russia, Mongolia, Australia and Indonesia raised shipments, data showed on Friday.

Aspire Mining signs agreement for the advancement of Ovoot railway

[Нийтэлсэн: 21.02.2017] [Эх сурвалж: ]

Mongolian metallurgical coal explorer and infrastructure company, Aspire Mining Limited, has, through its rail subsidiary, Northern Railways LLC (Northern Railways), signed a Memorandum of Understanding (MOU) with Ulaanbaatar Railways JSC (UBTZ) to cooperate on a number of matters to progress the commercialisation of the Erdenet to Ovoot Railway.

North Korea lights fire under coking coal price

[Нийтэлсэн: 21.02.2017] [Эх сурвалж: ]

On Monday, the market for coking coal enjoyed its best day in months with the steelmaking raw material jumping 2.4% to $153.60, the lowest since early September.

Copper price turns higher again – Grasberg gashed

[Нийтэлсэн: 21.02.2017] [Эх сурвалж: ]

In New York on Monday copper for delivery in March jumped 1.6% to $2.7515 per pound or $6,066 a tonne after listed copper miner Freeport McMoRan said negotiations with the Indonesian government to restart exports from its Grasberg mine in Papua province has stalled. Copper is trading at levels last seen late May 2015 with [...]

China may tighten up coal output curbs again as prices collapse

[Нийтэлсэн: 16.02.2017] [Эх сурвалж: ]

China may soon reinstate coal production curbs in an effort to avoid the return of an oversupply and improve the profitability of its heavily indebted coal industry.

Mongolia nationalizes mine, prompts warning on investors

[Нийтэлсэн: 15.02.2017] [Эх сурвалж: ]

Mongolian lawmakers have told the government to revoke a private company’s purchase of a stake in a major copper mine, prompting the president to warn they might scare away investors as the country tries to reverse an economic slump.



Шинээр

Mongolia’s new president is Mongolia first and China last
[Нийтэлсэн: 12.08.2017 ]
[Эх сурвалж: ]
How a group of Mongolian herders took on a mining giant — and won
[Нийтэлсэн: 11.08.2017 ]
[Эх сурвалж: ]
The Recent Election in Mongolia and the Future of Northeast Asia
[Нийтэлсэн: 11.08.2017 ]
[Эх сурвалж: ]
Copper price jumps to highest since 2014
[Нийтэлсэн: 09.08.2017 ]
[Эх сурвалж: ]

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