May 20, 2013
The Export-Import Bank of the United States said its directors had
authorised a US$500 million loan for development of Rio Tinto’s Oyu
Tolgoi copper-gold project in Mongolia.
May 17, 2013
They are among about 600 delegates who will attend AusAID"s Mining for
Development conference. Most will stay on for the two-yearly meeting of
the Extractive Industries Transparency Initiative that follows.
May 17, 2013
Draig Resources (ASX:DRG) and its joint venture partners have
greenlighted the Stage 1 of the 2013 exploration program at their coal
exploration licences in Mongolia.
May 16, 2013
Erdenes Tavan Tolgoi LLC will begin this year to mine Mongolia’s West
Tsankhi coal area as part of the debt-laden company’s plan to ramp up
output and pay off money owed to Aluminum Corp. of China Ltd.
May 16, 2013
The European Bank for Reconstruction and Development (EBRD) has signed
an agreement to provide a US$20m equity investment to Senj Sant, which
will build and operate a 1Mt/yr green-field cement plant in Mongolia.
May 16, 2013
The Mongolian Railway State Owned Share Holding Company signed with the
Japanese consulting firm, Nippon Koei Group, that has been selected as
the technical assistant company for a new railroad project on Tuesday
March 14th.
May 16, 2013
The Mongolian Government made the suggestion to take petrol from Huhhot
oil refinery, which imports Tamsag oil from Mongolia, during an
intergovernmental meeting on minerals and energy between Mongolia and
China earlier in 2013.
May 15, 2013
Mongolia’s economic growth slowed in the first quarter after coal prices
fell and moderating Chinese demand reduced the nation’s exports.
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