Today 14 hours 33 minutes
Prophecy Coal said that the numbers are in line with its final proposal
submission to the Mongolian Ministry of Energy in February of this year.
May 10, 2013
Rio Tinto Chief Executive Sam Walsh laughs as he listens to Chairman Jan
Du Plessis speak at the start of the company"s annual general meeting
(AGM) in Sydney May 9, 2013.
May 9, 2013
According to a report to local media by Ch.Otgochuluu, Director General
of the Department of Strategic Policy and Planning in Mongolia"s
Ministry of Mining, the shareholders meeting of Oyu Tolgoi is expected
to be held in two weeks.
May 7, 2013
Mongolia"s plan to develop the untapped western block of its massive
Tavan Tolgoi coal mine will help raise cash from new customers to offset
an exclusive but loss-making supply deal with China"s Chalco, an
official with the mine"s developer said.
May 7, 2013
Mongolian Mining Corp. (975), the nation’s biggest coking-coal exporter,
will receive 84.3 billion MNT($59 million) in compensation as part of a
pact with the government to terminate a rail-concession agreement.
April 23, 2013
Genie Energy said April 19th that its subsidiary, Genie Oil Shale
Mongolia, LLC and the Petroleum Authority of Mongolia (PAM) have entered
into an exclusive oil shale development agreement to explore and
evaluate the commercial potential of oil shale resources on a 34,470 km2
area in Central Mongolia.
April 22, 2013
State owned Erdenes Tavantolgoi LLC has resumed coal export to China after a three month stand-off on April 22nd.
April 19, 2013
Protesters from around the world attacked mining company Rio Tinto for a
string for alleged environmental and human rights breaches during a
fiery meeting with shareholders in London on Thursday.