Recent news
”For Mining without Populism”
”Discover Mongolia-2015” International Mining Investors’ Forum will take place from 3-4, September 2015 at the Corporate Convention Center in Ulaanbaatar, Mongolia. The event will feature a two day conference, an investors’ exchange exhibition and other Forum events.
The facts behind fictitious companies bleeding Mongolia
Decisions expected to have been taken by the government and Parliament in the first half of 2015 would be vital for Mongolia’s economic development but some of them are yet to be made (at the time of writing), keeping the fate of some projects uncertain. The government’s stand on some of these is known, but whether it will have its way is an open question.
“No real transparency without people’s involvement”
Clare Short, International EITI Chair, was recently in Mongolia at the invitation of the Government’s Cabinet Secretariat. She spoke to G.Iderkhangai of the MMJ on the sidelines of an EITI event in Bayangol soum, Selenge aimag.
Expo Mongolia: Investors pin their hope on Mongolia’s economic revival
Popularly perceived as successor of Future Mongolia, held to much acclaim in 2012 and again the next year, Expo Mongolia 2015, organized by Planetfair and JV Messemanagement in Buyant Ukhaa sports complexin Ulaanbaatar from March 23-25, was a huge success, bringing some hope that Mongolia would soon be out of its present economic difficulties.
MMJ brings mining stakeholders closer
1. Journalism for Development, an NGO, was formed under the aegis of the Mongolian Mining Journal to focus on training young journalists to write quality reports and produce quality TV programmes on subjects related to the economy in general and to mining in particular.
“We have enough water we have no real water policy”
Dr J. Dalai, Director of the National Water Centre, an NGO, and General Director of the Prestige Group, tells N. Ariuntuya of MMJ that water scarcity fears are exaggerated and a well-designed and properly implemented national water consumption policy is essential for healthy economic development.
SAFETY FIRST - 2015 CONFERENCE
Our sincere greetings on behalf of the organisers to all participants at the SAFETY FIRST-2015 Conference. We would also like to thank the Mongolian Mining Journal for its cooperation with the initiators and organisers of the conference.
Turquoise Hill provides details on OT Underground Mine Development and Financing Plan
Further to today’s joint announcement by Turquoise Hill Resources, the Government of Mongolia and Rio Tinto, the Company is providing additional details in connection with the Oyu Tolgoi Underground Mine Development and Financing Plan (the Mine Plan), which provides a pathway forward in addressing outstanding shareholder matters to restart underground development.
“It will be better to get a mediator in the Rio dispute”
Recently Mongolia lost a case submitted by Khan Resources to arbitration and the Rio Tinto dispute also might be referred to arbitration. S.Bold-Erdene talks to arbiter and legal advisor T.Altangerel to find out more about what the process entails.
Price slump makes North Korea step up mining output
The sharp fall in global commodity prices is starting to have an impact on North Korea, a state that relies heavily on exports of minerals to keep its economy afloat — and its gargantuan military funded.
Coal conversion projects to worsen global warming
At about 8:30 on a chilly winter morning, a factory outside the desert city Ulin in China is already getting busy. Its five-story office building is almost fully occupied. Trucks drive in with coal and drive out with construction waste.
If TT coal sells for $120t, Mongolia will get $10 billion in tax
The third stage of negotiations between the working group established by the Government and the consortium selected as the strategic investor in the Tavan Tolgoi deposit has been postponed temporarily to allow the latter to study in detail the implications of the agreement made between Erdenes Tavan Tolgoi and China’s Chalco.
No halt to slide in Chinese coal imports in 2015
Oversupply continues to weigh on the performance of thermal and metallurgical coal exports into China, according to Wood Mackenzie senior analyst Jonathan Sultoon. The causes of oversupply stemmed from an earlier market enthusiasm for coal that peaked in 2010 and 2011.
The new industry policy is result-oriented and visionary
The past few years have convinced Mongolians that industrialisation does not come from populist announcements or grandiose project proposals on paper. They look around and find that whatever little has come up has been in the private sector.
