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Green Global Forges Mining Partnership with China Railway Mongolia |
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Monday, 16 November 2009 |
Green Global Resources Limited ("Green Global" or the "Company")(SEHK: 61) is pleased to announce that North Asia Resources Group Limited ("NAR"), has entered into strategic partnership with China Railway Mongolia to jointly develop the Oyut Ovoo mine. The Group has recently completed a technical valuation exercise on the "First Mine Area" of Oyut Ovoo mine, measuring 1 km2 out of the total concession area of 12.01km2. Source: http://www.acnnewswire.com/ |
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Jennifer Guarino: Getting answers from the water |
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Monday, 16 November 2009 |
RANDOLPH — For Jennifer Guarino, water holds many answers. And when a nation is in trouble, anyone with information is an asset. And the flow of information can lead to change.Source: http://www.vermonttoday.com/ |
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Baganuur coal mine has debt of ®89.9 billion |
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Monday, 16 November 2009 |
Baganuur coal mine has been under operation for 31 years. It mines three million tons of coal and supplies power stations. It sells 1 tons of coal for ₮16200 and receives loss of ₮3720 per ton. It has been making request to liberate coal price since 2000 and the Government hasn’t made any decisive step towards the problem. Source: http://www.business-mongolia.com/ |
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The next coal frontier: Mongolia |
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Thursday, 12 November 2009 |
Mongolia is quickly becoming the next great frontier for the world’s supply of coal, copper, uranium, and gold. The country is as undeveloped as the Democratic Republic of Congo, though somewhat more stable, politically — although that is not saying much. Source: http://blogs.ft.com/ |
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Mongolia Energy Signs Coal Mine Production Agreement |
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Wednesday, 11 November 2009 |
Mongolia Energy Corp., the Hong Kong-traded mineral and energy explorer, signed a $206 million agreement with a contract miner to extract coal from its pit in the west of the country. Source: http://www.bloomberg.com/ |
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Ghosts of Monks and Red Deer |
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Tuesday, 10 November 2009 |
Bogdkhan Uul, just south of Ulanbator, Mongolia, is the oldest national park in the world. That’s right — it predates Yellowstone by over 100 years. Established by the Mongolian government in 1778, it was originally chartered by Ming Dynasty officials in the 1500s as an area to be kept off limits to extractive uses, protected for its beauty and sacred nature. Source: http://blog.nature.org/ |
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Rio Tinto chief 'still keen to work with Chinalco' |
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Tuesday, 10 November 2009 |
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Chief Executive Tom Albanese said Tuesday the company has had recent contact with China's Chinalco over cooperating on new projects. "We are still keen to work with Chinalco in future on projects of mutual benefit," Albanese said in a speech at the In The Zone conference in Perth. Source: http://www.marketwatch.com/ |
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Leighton Asia awarded US$338 million Mongolian rail contract |
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Monday, 09 November 2009 |
Leighton Asia has secured a US$338 million contract to construct a new freight rail line in southern Mongolia. Energy Resources LLC has awarded Leighton Asia the design and build contract for the Ukhaa Khudag to Gashuun Sukhait freight railway in the South Gobi region of Mongolia. The main purpose of the rail project is to provide infrastructure to transport coal from the southern Mongolian coal fields to China. Source: http://rail-news.com/ |
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Rio Investment in Ivanhoe provides geographical advantage |
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Saturday, 07 November 2009 |
The Oyu Tolgoi copper-gold project is the primary focus of Ivanhoe Mines in Mongolia. Rio Tinto's investment in Ivanhoe provides Rio entry into an advanced stage major mineral project. With similar conditions in neighboring China and Russia, major project experience in Mongolia will be advantageous to Rio in other projects. Source: http://www.glgroup.com/ |
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Oyu Tolgoi Investment Keeps All the Attention |
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Friday, 06 November 2009 |
Discover Mongolia 2009 International Investors Forum began in Ulaanbaatar on November 5, as scheduled regardless of what government declared 14-day high state of disaster preparedness on H1N1 pandemic flu, and banned hosting of all public gatherings. Source:http://ubpost.mongolnews.mn/ |
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