Recent news
MMC starts operating second module of coal handling plant at UkhaaKhudag
Mongolian Mining Corp. (MMC) has received the State Commission’s approval to begin operations at the second module of its coal handling and preparation plant at UkhaaKhudag coking coal mine. Construction took approximately 14 months and cost USD 91 million, as estimated. Sedgman Ltd. of Australia was responsible for design, procurement of materials and construction management.
Boroo Gold explains its heap leaching technology at seminar
Boroo Gold LLC recently hosted a seminar on the use of geo membrane materials to explain its heap leaching technology to miners and also to promote it among the public. The emphasis was on the environmental and economic benefits of the technology that was first studied and tested by Boroo Gold in 2006, with pilot operations being completed in 2009.
SouthGobi explains sale of thermal coal property
Announcing an agreement to sell its thermal coal property, the TsagaanTolgoi Deposit, to Modun Resources, SouthGobi Resources has said it intends to facilitate the sale through the transfer of a wholly-owned subsidiary holding one mining licence and one exploration licence pertaining to that deposit. Under the transaction, subject to certain terms and conditions and expected to be completed by June 1 this year, SouthGobi expects to receive US$30 million of total consideration.