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NEWS - Mining

As the Mongolian economy relies on mining as its main source of revenue, here are all the major news concerning the development of mining in Mongolia as well as news concerning mining companies operating in Mongolia.

Safety clothing

Public safety standard to be developed

Posted: November 7, 2012 on: Mining

The National Center for Standardization and Metrology has held discussions among mining representatives to change opinions in order to adopt the “Labor safety and sanitation-18001” standard in Mongolia

Mine Mongolia

Mongolia Releases Mine Probe Details

Posted: November 5, 2012 on: business, Mining, Political

A MonA Mongolian official released details on the government's restrictions on the movement of an Australian attorney there, saying it needs her help on a probe into allegations against a former top mining figure.

Oyu Tolgoi

Entree Gold Provides Update on Oyu Tolgoi Power Purchase Agreement

Posted: November 5, 2012 on: business, Mining

Entree Gold Inc. (TSX:ETG)(NYSE MKT:EGI)(FRANKFURT:EKA) is pleased to announce that the power supply deal for the Oyu Tolgoi mine in Mongolia has been finalized.

Oyu Tolgoi workers

Further Development in the Oyu Tolgoi Copper Belt

Posted: November 4, 2012 on: business, Economical, Mining

Kincora Copper (TSXV:KCC) announced a private placement financing yesterday at a price of C$0.105 per share (and full warrant over 3 years at C$0.19 per share) for gross proceeds up to C$6 million.

Oyu Tolgoi mine

Giant copper mine offers Mongolia a cash bonanza

Posted: November 4, 2012 on: business, Mining

Deep in the heart of the Gobi Desert in Mongolia amid a landscape of sand dunes and ice canyons, one of the world's biggest copper mines is about to come on stream.

Oyu Tolgoi mine

Mongolia's mineral exports are plummeting. No wonder politicians want more of Oyu Tolgoi

Posted: November 4, 2012 on: Economical, Mining, Political

A former Mongolian president and fighter for greater state control of mining may be in jail, but the coalition that will rule Mongolia for the next four years is stacked with resource nationalists.

Oyu Tolgoi

Mongolia's mineral exports are plummeting. No wonder politicians want more of Oyu Tolgoi

Posted: November 1, 2012 on: Mining, Political

A former Mongolian president and fighter for greater state control of mining may be in jail, but the coalition that will rule Mongolia for the next four years is stacked with resource nationalists.

Coal Mine

Newera Resources finds more shallow coal in Mongoli

Posted: November 1, 2012 on: business, Mining

Newera Resources (ASX: NRU) has concluded maiden drilling at its Shanagan East Coal Project in Mongolia with the most recent holes drilled intersecting shallow coal.

Tavan Tolgoi Mine

Mongolia pulls plan again to triple-list coal mine

Posted: November 1, 2012 on: business, Economical, Mining

Poor prices and demand for its steel-making commodity means Erdenes Tavan Tolgoi will have to wait a year before trying to raise US$3 billion

Tavan Tolgoi Mine, Mongolia

Erdenes-Tavan Tolgoi Says IPO Unlikely Before 3Q

Posted: October 30, 2012 on: business, Economical, Mining

Mongolia-based Erdenes-Tavan Tolgoi Co. said Tuesday the company's planned $3 billion Hong Kong, London and Ulan Bator initial public offering is unlikely to be held before the end of the third quarter because of poor market conditions and weak coal prices.

Real Estate Mongolia

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