www.unuudur.com: The latest news of Mongolia in the World

The Prime Minister of Mongolia recently visited the EBRD’s headquarters in London to address the EBRD Board of Directors, representing the Bank’s shareholder countries and institutions, and to hold a meeting with First Vice President Phil Bennett. Prime Minister Saikhanbileg Chimed informed the EBRD Board of the important steps the government has recently taken to [...]

It is widely reported that a consortium of China’s Shenhua Energy, Japan’s Sumitomo and Mongolia’s Energy Resources (a subsidiary of Mongolian Mining Corp) has won the tender to develop the 7,400 Mt Tavan Tolgoi coal deposit in Mongolia, though none of the companies’ websites currently carry any announcement. The consortium is said to have beat [...]

This report from the IEA contains market analysis and forecasts to 2019. The Medium-Term Coal Market Report 2014 provides IEA forecasts on coal markets for the coming five years as well as an in-depth analysis of recent developments in global coal demand, supply and trade. The fourth annual report shows that, while China will continue [...]

Mineral Separation Technologies has created a new product, the DriJet 100, that separates coal and ash without using water or chemicals. The introduction of the DriJet 100 follows the recent chemical spill on the Elk River in Charleston, West Virginia. A liquid used for separating coal leaked from a storage containment tank into the river. [...]

With its ore-processing circuit now in operation and just weeks away from producing its first concentrate, Turquoise Hill’s (TRQ) Oyu Tolgoi project is attracting significant support as it begins the new year on a countdown to attaining its near-term goal of commercial production. Macquarie Capital Markets, has affirmed its “Outperform” rating on Turquoise Hill and [...]

The Ovoot project has been confirmed as the second largest coking coal reserve in Mongolia with the Probable Coal Reserve increased by 41 Mt Run of Mine (ROM) to 219Mt ROM at 2% moisture on an as received basis (arb).

The picture shows the first delivery of ore to the primary crusher from the Southern Oyu open-pit mine.

Mongolia saw the requirement for the establishment and implementation of a public reporting code for exploration results, mineral resources and ore reserves, in line with other globally recognised codes, to adequately compete on an international scale in the mining and resources industry.

Two recent GE gasification projects with ChinaCoal Shaanxi Yulin Energy & Chemical Company and Guizhou Jinchi Chemical Company successfully highlight the performance and flexibility of GE’s gasification technology at large-scale coal-to-chemical facilities and according to the group, “underscore the increasing role GE’s gasification technology plays in the expansion of the Chinese economy.” GE signed an [...]

RBC Capital Markets forecasts copper demand growth of 3.6% in 2011, 5.5% in 2012, 5.6% in 2013, and trend growth of approximately 4.0% in 2014 and 2015. Molydenum growth is forecast at 8.4% in 2012 and 8.8% in 2013, before settling back to trend growth of a little over 5.0% in 2014 and 2015. For [...]

GE has been selected by Korea Western Power Co (KOWEPO) for the first integrated gasification combined-cycle (IGCC) power plant to be built in South Korea and one of the first in Asia. The 300 MW ”cleaner coal” facility will help the South Korean government meet its low carbon emissions targets, while bolstering the country’s electricity [...]

Paul Moore takes a look at the positive general coal mining and coal demand trends globally; some key developments in the coal equipment supply area; then homes in on four coal hotspots where a number of new projects are underway or in development: Mozambique, Mongolia, Kazakhstan and Indonesia

Copper continues to experience strong demand and its disinfectant capabilities look set to see its use in the health industry increase significantly. John Chadwick examines latest technologies to extract copper

The year of peak construction activity at Oyu Tolgoi mine in the Gobi desert of Mongolia (IM April and May issues this year) is nearing its end, with the project approximately three-quarters complete. A great deal has been accomplished this year, and over the last ten years since the first discoveries were made by Ivanhoe [...]

Oyu Tolgoi, the gold and copper mine under development in the South Gobi desert of Mongolia, has underlined its commitment to training its workforce to world’s best standards by investing in simulator-based operator training technology provided by Immersive Technologies. OT is amongst the first mines in the world to purchase Immersive’s new PRO3 simulator. The [...]

A report released recently by the International Energy Agency (IEA) predicts that under current polices, primary world energy demand will grow 51% between 2009 and 2035, with global demand for coal increasing by as much as 65%. IEA’s latest World Energy Outlook 2011 predicts that coal will continue to be tapped to meet more than [...]

Mining software and solutions provider Micromine has been contracted by Altain Khuder LLC to supply and install its mine control and management reporting solution, Pitram, at the Tayan Nuur iron ore mine in Mongolia. It is Micromine’s first Pitram sale in Mongolia, and as such the group sees this as a significant milestone. Pitram is [...]

Ausenco has been awarded a A$45 million Create phase engineering services contract for the $1.8 billion Bozshakol copper project owned by Kazakhmys. Ausenco Minerals and Metals business will be providing engineering services for the concentrator plant that is expected to have a throughput of around 28 28 Mt/y. The Bozshakol copper project is located on [...]

As one of the largest mineral production and consumption countries, no one can ignore the importance and involvement of China in the global mining industry. More and more companies would like to have business with China, one of the biggest buyers and investors worldwide, especially in mining and energy related projects. CHINA MINING Congress and [...]

Late last month Ivanhoe Mines received $502 million from Rio Tinto following Rio’s decision to exercise all remaining share-purchase warrants that it holds in Ivanhoe Mines. As the picture shows, assembly of open pit equipment has started – in this case Komatsu dozers. Construction at Oyu Tolgoi is continuing toward a projected peak level of [...]

Bechtel has been selected by the National Development and Innovation Committee (NDIC) of the Government of Mongolia to provide master planning services for the development of the Sainshand Industrial Complex. The planned industrial hub is considered a centerpiece of Mongolia’s National Development Strategy. Under the agreement, Bechtel will develop a master plan for the complex, [...]

Modular Mining Systems, one of the world leaders in information management solutions for mining operations, has announced that SouthGobi Resources has chosen to implement the Modular IntelliMine Integrated Asset Management Suite at its Ovoot Tolgoi coal operation in southern Mongolia. The installation will include the DISPATCH fleet management system, PowerView reporting software, MineCare maintenance management [...]

he April and May issues of International Mining include articles on the great Oyu Tolgoi development in the Gobi Desert of southern Mongolia. Ivanhoe Mines and BHP Billiton have just announced the new discovery of a zone of shallow copper-molybdenum-gold mineralisation some 10 km north of the Ivanhoe Mines/Rio Tinto Oyu Tolgoi copper-gold mining complex [...]

The Operations Focus article in International Mining’s April issue looks at the magnificant Oyu Tolgoi project in Mongolia’s South Gobi that John Chadwick visited recently. Executive Chairman and CEO of Ivanhoe Mines said “Although Oyu Tolgoi is best known for its large and growing deposits of copper and gold, silver forms a significant proportion of [...]

Leyshon Resources is of the view that with the escalating demand for all types of coal within China over the next ten years, high quality coal assets located close to infrastructure and within transport distance to market will become increasing valuable. Its broad strategy is to target and acquire high quality coal assets located in [...]

SRK Global has appointed a new chairman, Mike Armitage, who has been with the company for 20 years. A geologist by profession, Armitage has been instrumental in the company’s expansion into Europe and Russia and has worked in the minerals industry for more than 25 years. He replaces SRK’s chairman of 15 years, Neal Rigby. [...]

International Mining’s John Chadwick is flying to Mongolia to visit the Oyu Tolgoi project next week in preparation for an Operation Focus article on the mine in early 2011. It is the world’s largest known undeveloped copper-gold project and is located in the South Gobi region of Mongolia, approximately 80 km north of the Mongolia-China [...]

Hogan Lovells has been formally appointed as legal adviser to state-owned mining company, Erdenes, the sole owner of the mining operations for the Tavan Tolgoi project in Mongolia. Often called the world’s biggest untapped coking coal deposit, Tavan Tolgoi holds a coal reserve of 6,500 Mt. The successful implementation of the Tavan Tolgoi project will [...]

World marketed energy consumption is set to grow 49% between 2007 and 2035, driven by economic growth in the developing nations of the world, according to the Reference case projection from the International Energy Outlook 2010 (IEO2010), released yesterday by the US Energy Information Administration (EIA). “Renewables are the fastest-growing source of world energy supply, [...]

Micromine, a mining and exploration software solution provider, has been certified by the Mongolian Government as a company authorised to conduct feasibility standard studies in the country. This allows the company to complete any geology, resources, mining and other related sections of studies that are submitted to the government for permitting and commissioning of mineral [...]