Recent news
Wagner Asia equipment launches Baganuur’s upgradation programme
The machinery upgrading programme at the Baganuur deposit was officially inaugurated at a ceremony on December 12 morning at the mine headquarter with Wagner Asia Equipment LLC formally handing over four CAT777D heavy-load dump trucks and one D10T bulldozer to the mining company.
The mining law draft explained
Following the recent public availability of the revised draft of the Minerals Law, the air is thick with opinions and comments. Not all of these are well-informed or based on a correct perception, however.
Mining boom keeps Australians from jobs in Antarctica
There are times when the sun never sets on Antarctica, but a long-term Australian programme encouraging people to “live the dream” and work in the vast frozen landscape is having to extend a deadline for the project due to a shortage of applicants.
Baosteel to invest $1.3bn in natural gas pipeline
China’s Baoshan Iron &Steel, the country’s largest listed steelmaker, said it will invest $1.3billion in a natural gas pipeline project led by China National Petroleum Corp. Narrowing margins and weaker growth in demand have prompted steelmakers in China, the world’s top steel producer, to seek more cooperation with downstream users to increase profit.
Mining Minister commissions OT concentrator
The very last week of 2012 saw Oyu Tolgoi LLC take a big step towards the future. With MPs, cabinet members, and ambassadors watching, Mining Minister D. Gankhuyag pressed the activation button on the concentrator to formally mark the commissioning of the largest and most technologically advanced machine ever built in Mongolia.
Prowling for big oil in Mongolia, Wolf Petroleum signs PSC
Wolf Petroleum, formerly Strzelecki Metals, has signed a production sharing contract for the 23,047-sq km Sukhbaatar exploration block 27, located in and eastern Mongolian region with proven and producing petroleum systems and adjacent to Wolf’s existing BU Block.
