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Mongolia makes moves to shut down fossil black market
For years, herder Gelegrash had a sideline bringing tourists to see a dinosaur skull hidden near the Flaming Cliffs in Mongolia’s Gobi Desert. Then, one day, it was gone.
Mongolian coal mine deal seen boosting economic recovery
A group comprising Mongolia’s Energy Resources, China Shenhua Energy and Sumitomo have won the right to develop one of Mongolia’s largest metallurgical-coal deposits, beating a bid from US miner Peabody Energy.
Mongolia Energy losses widen amid write-down in iron ore project
Half-yearly losses in coal mine developer Mongolia Energy widened to HK$457.8 million for the six months ending in September, up from HK$331.9 million the same period a year earlier, according to a statement with the Hong Kong stock exchange on Thursday.
‘Anonymous’ hacking group releases data from China government sites
The Anonymous group of computer hackers yesterday followed up on its threat made on Friday to release data from mainland government websites.
Xinjiang county offers 10,000-yuan reward for Uygurs who marry Han Chinese
A county in the restive Xinjiang region has introduced a package of perks and cash rewards to encourage people from ethnic minorities to marry members of the Han majority.
Mongolia’s new law expected to attract Chinese billions
Mongolia’s new law is expected to encourage billions of dollars of Chinese investments, said speakers at the Mongolia 2013 Investment Summit in Hong Kong yesterday.
Paranoia from Soviet Union collapse haunts China’s Communist Party, 22 years on
In the heyday of Sino-Soviet socialist brotherhood in the 1950s, Chinese liked to say that “today’s Soviet Union is tomorrow’s China”, as Beijing faithfully followed Moscow’s every footstep in development.
Soviet-era allies Mongolia and North Korea renew embrace
North Korea and Mongolia have signed a series of agreements to raise co-operation in a move that could help ease the two former Soviet allies’ economic reliance on China.
Mongolian president’s visit to North Korea aimed at increasing ties
North Korean workers toil in factories and on building sites, kimjongilia flowers bloom at a special exhibition, and a restaurant serves plates of bulgogi as another patriotic song blares from a television. Yet this chilly north Asian capital is not Pyongyang, but Ulan Bator, Mongolia.
Mongolia pins coal export ranking hopes on railway
The landlocked country aims to regain the top position it lost in the first half by 2015 when transport link to major China market is completed
Mongolia embraces China investment while keeping Beijing at arm’s length
After years of testy debate, Mongolia broke ground this spring for a railroad that will haul coal across the pebbled Gobi desert to China, but with one costly condition.
China’s narrative of Han expansion
With the 18th party congress behind us and Xi Jinping now installed as leader, can China ease off on the narrative of victimhood which has been so apparent in recent months? The main target may have been Japan, but 100-plus years of humiliation at the hands of Westerners, Japanese and Russians have provided a constant [...]
Mongolia pulls plan again to triple-list coal mine
Erdenes Tavan Tolgoi, a Mongolia state-owned developer of one of the world’s five biggest mining projects for coal used to smelt steel, has been forced to again delay its three-city initial public offering that aimed to raise some US$3 billion due to poor coal demand and prices, according to a senior executive.
SouthGobi Resources sacks second senior executive
SouthGobi Resources has fired its chief operating officer Curtis Church – the second dismissal of a senior executive – after Aluminum Corp of China (Chalco) cancelled its plan to acquire a controlling stake in the Canadian coal miner.