AN Australian lawyer being detained in Mongolia may be caught up in a
fight over returns from a Rio Tinto mining operation, the head of an
Australian parliamentary delegation which visited the mine recently
Coal miner Peabody Energy (BTU.N: Quote), eager to tap Mongolia"s
massive coal resources, said on Friday it expects to resume talks with
the government in early 2013 over acquiring a stake in the undeveloped
western block of the Tavan Tolgoi deposit.
The Anti-Corruption Authority has finished investigating the former head
of the Mineral Resources Authority, D.Bathuyag. During the
investigation,the ACA revealed that D.Bathuyag abused his power and
reissued five suspended mining licenses.