Aspire Mining (ASX: AKM) has already defined the second largest coking coal Reserve in Mongolia, intersecting coal during drilling outside the existing Resource at its Ovoot Coking Coal Project in Mongolia could increase the size.
A lawmaker--who pushed to renegotiate the 2009 Oyu Tolgoi agreement to increase the government's ownership stake to 50% in the copper-gold mega-project --is Mongolia's new mining minister.
Starting just over two decades ago, tens of thousands of citizens started leaving Mongolia amid a wrenching economic transition from a planned-economy to a free market.
FIVE HILLS TRAINING AREA, Mongolia – Hundreds of service members and distinguished guests from U.S. Army Pacific Command (USARPAC) and surrounding countries gathered for the Khaan Quest 2012 (KQ12) opening ceremony held at the Mongolian Armed Forces Peace Support Center in the vicinity of Ulaanbaatar, Mongolia, Aug. 12.
SALKHIT, Mongolia — In the vast rolling plains of Salkhit, 45 miles outside the capital of Ulan Bator, a work crew are busy bending large metal cables into an elaborate, squat structure.