More investments are needed to unlock Mongolia’s ‘huge potential
Resource-rich Mongolia is positioning itself as an alternative to China in supplying minerals used in the renewable energy sector but needs help from foreign investors...
Tag : mongolia
Erdene Resource Development Corp. reported results from recent drilling at the 100%-owned Dark Horse prospect
Erdene Resource Development Corp. reported results from recent drilling at the 100%-owned Dark Horse prospect, located approximately 2km north of its 100%-owned Bayan Khundii gold project...
Xanadu poised to benefit from Mongolian mining laws
Equities firm MST Access believes changes to the Government of Mongolia’s mining code has the potential to benefit foreign investment with revisions to the nation’s...
What happened to a decadelong mining boom
Located just steps from downtown London landmarks like Harrods department store and Hyde Park, The Knightsbridge Apartments, a luxury residential building in the eponymous upscale...
Coal trade issue of China and Australia hurting Mongolia’s environment
Last year China turned its back on Australian coal; in October, customs officials in China began rejecting shipments of coking coal from Australia. Beijing claimed...
Mongolian Government threatens to terminate investment deal for Oyu Tolgoi mine
Mongolia’s Oyu Tolgoi the world’s largest copper-gold-silver mine is expected to produce 480,000 tonnes of copper per year on average from 2028 to 2036 from...
Xanadu to raise money for copper-gold exploration in Mongolia
In order to fund exploration work at the Kharmagtai copper/gold project, in Mongolia, copper explorer Xanadu Mines will raise A$10.2-million in a share placement. The...
Rio Tinto signed financing deal with Turquoise for Mongolia’s Oyu Tolgoi expansion project
Claimed to be the world’s largest new copper-gold mines, the Oyu Tolgoi mine is located in Mongolia’s South Gobi region, approximately 550km south of Ulaanbaatar...
Rio Tinto in Mongolia faces class action suit over Oyu Tolgoi copper project
Rio Tinto operates the mine via its Canadian subsidiary Turquoise Hill, which owns 66% of Oyu Tolgoi. The rest of the mine has been owned...
Unique mining opportunities in Mongolia
Mongolia’s mineral wealth — primarily coal, copper and gold — has been valued between US$1 trillion and US$3 trillion. The mining industry employs 3.6 percent...
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