The Mongolian Mining Journal

Nobel for an economist who finds the market imperfect In their, perhaps natural, enthusiasm for the infallibility of the market, many Mongolian policy makers might have overlooked that for the second consecutive year the Sveriges Riksbank prize in economic sciences in memory of Alfred Nobel has gone to an economist whose work essentially assumes that markets are often inefficient, if not worse

Xanadu to raise A$13.6m to advance Mongolia assets Xanadu Mines plans to raise A$13.6 million through a rights issue and share placement programme to advance its newly acquired Mongolian copper/gold porphyry portfolio.

Mongolian coal can bring Russia and S Korea closer Mongolia isn’t exactly what comes to mind when one thinks of East Asian or Pacific economic opportunities, yet for Russia, Mongolia is the key that it needs to unlock strategic relations with South Korea.

Turquoise Hill cuts OT gold, copper output forecast Turquoise Hill Resources has reduced its 2014 forecasts for gold and copper production at the Oyu Tolgoi mine because of delays in mine development in the third quarter.

Guildford happy with Baruun Noyon Uul test results Guildford Coal has announced that results of the recent trial batch washing and laboratory tests at the Baruun Noyon Uul mine confirm the quality of the BNU coal.

An economic impact Assessment of the Erdenes Tavan Tolgoi coal mining Erdenes Tavan Tolgoi, state owned company, owns licenses over 5 of the 6 sub-fields of TT, the largest being East and West Tsankhi mining licenses which are strategically important to Mongolia

4th Annual China Trade & Commodity Finance Conference, China Beijing, November 4-6, 2014

Mining Journal Awards 2014 Mining Journal Awards 2014

“It will not be easy to meet mining’s growing demand for water” One of the highlights of the “Oil and Oil Shale Mongolia” conference in Ulaanbaatar in September was a speech by B.Enkhbaatar, head of the project to support investment in mining infrastructure development, at a session devoted to infrastructure and the work force.

Michael Jonas: Mongolia’s oil shale reserves are of global appeal MMJ had discussion with Michael Jonas, executive vice president of Genie Oil and Gas Inc., of his company’s projects in Mongolia. Mr.Jonas is in charge for developing Genie’s business in Mongolia and one of founding members of Mongolian Oil Shale Association.

Aspire hopes to benefit in Mongolia’s pacts with Russia, China Aspire Mining feels its Ovoot Coking Coal Project received a boost after being recognised as a key user of a new rail transit corridor to Russia.

Firstly, we should make measures to prepare export products which will succeed through the six ports in China Interview with the President of the Mongolian Exporters’ Association, certified mining engineer, professor D. Galsandorj

Completed socially and economically beneficial, environmentally friendly Feasibility Study The “Egiin Goliin Hydro Power Plant” (EGHPP) project has been on the papers for many years and hasn’t become reality until today. The New Government for Changes funded the project initiation phase from the Chinggis bond, taken measures to move the project from halt state to implementation stage.

Genie Energy signs new prospecting agreement for oil shale exploration Genie Oil Shale Mongolia (GOSM), a subsidiary of Genie Energy, has signed a prospecting agreement with the Petroleum Authority of Mongolia (PAM).

INVITATION TO SUBMIT NOMINATIONS FOR MINING JOURNAL AWARDS 2014 For the fifth year in a row, The Mongolian Mining Journal will be honouring the best performers in the mining sector with Mining Journal Awards in the beginning of December.

BEST DEPOSIT OF THE YEAR Nomination Criteria

EXPLORER OF THE YEAR Nomination Criteria

BEST RESPONSIBLE MINING ACTIVITY OF THE YEAR Nomination Criteria

SUPPLIER OF THE YEAR Nomination Criteria