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The investor in the Oyu Tolgoi copper-gold mining complex, Ivanhoe Mines, has welcomed in a statement the assurance given by Mongolia's Parliament that completion of an Investment
time: 2009/03/23 03:37:29   |   category: Mongolian news   |   most visited: 128 [ read more ]
It was reported that this morning at 9.55h one worker has passed away after being involved in an accident a bit earlier.
time: 2009/03/23 03:35:32   |   category: Mongolian news   |   most visited: 148 [ read more ]
Canadian-based Denison Mines (TSX: DML) (AMEX: DNN) is weighing whether to sell assets as it seeks to meet its financial obligations.
time: 2009/03/23 03:23:37   |   category: Mongolian news   |   most visited: 104 [ read more ]
Energy resources LLC, license holder of the Tavan Tolgoi coal deposit, denied recent media reports that it sold part of its licensed
time: 2009/03/23 03:19:57   |   category: Mongolian news   |   most visited: 276 [ read more ]
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The 8th International Mining Investors Forum- Discover Mongolia 2010 was opened with a message from President Ts.Elbegdorj on September 8. It featured keynote speeches

Hong Kong, Shanghai and New York-listed Yanzhou Coal Mining Co has announced plans to acquire a 51% stake in Haosheng Coal Mining Ltd for around Yu6.65 billion (US$980 million). The Chinese coal-mining group is offering Yu3.01 billion for a 23.1% stake in Haosheng Coal held by Eerduosi Jinchengtai Chemical Co (which currently owns 45.3%), and Yu1.62 billion for a 12.4% stake held by Shandong Jiutai Chemical Industrial Technology Co (currently holding 20.3%)...

Strong exploration activity by mid-tier companies and juniors with advanced projects helped push Moncton, New Brunswick-based Major Drilling's quarterly revenue up 75% compared with last year, CEO Francis McGuire said on Thursday. Shares in the company jumped 9% in Toronto, after it announced a C$5,1-million profit for the three ..........

The State Special Inspection Agency recently made a detailed study over six weeks of how mining license holding companies complied with rules and regulations,

The National Statistical Office has reported that coal extraction in the first seven months of 2010 was 83%

The Government and the State Property Committee have asked domestic and foreign companies to submit bids to operate the Tavantolgoi deposit under contract with a State-owned company to be formed for the purpose. Among the requirements listed in the tender are:


Red Hill Energy Inc. and its proposed merger partner, Prophecy Resource Corp.,

Kiu Hung Energy Holdings, formerly known as Kiu Hung International Holdings, intends to acquire a 19.99% stake in First Dean Holding, a coal firm based in Mongolia, for HKD1.4 billion.

Minister for Finance S.Bayartsagt was presented a check for USD 50 million by Oyutolgoi LLC’s

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