Recent news
Choosing fees over dividends
The Government has now started acting seriously to resolve differences over how to finance development of the second stage of the Oyu Tolgoi project, which is its underground mine.
Gazprom cuts gas purchases from Central Asia
Russia’s Gazprom plans to reduce the volume of gas purchases from Turkmenistan and Uzbekistan by nearly 10 billion cubic meters and replace these volumes with its own gas in 2015.
Newera withdraws from Ulaan Tolgoi Coal JV
Newera Resources has decided that following a review of recent exploration within the Ulaan Tolgoi project and armed with the knowledge that despite the identification of interpreted potentially coal bearing sub-basins and the more recent interpretation
MMJ Awards bring cheer to miners
The general air of despondency in the mining sector took a break on 23 January when the Mining Journal Awards 2014 ceremony was held.
Power Plant#5 will have two innovative features
G.Iderkhangai finds out from P.Tovuudorj, head of Strategic Policy and Planning Department at the Ministry of Energy, about major projects and reform in the legal environment of the sector.
Aspire’s Ovoot blend a premium coking coal for China
Aspire Mining has received an encouraging report confirming that a Mongolian Blend with between 25% to 50% Ovoot coal is a premium coking coal using Chinese coal classifications, and is similar to or even better than primary coking coals imported from Australia, the U.S., and Canada due to its medium ash, low sulphur and high G value.
Viking sees drilling results at Berkh Uul as positive
Australia-listed Viking Mines has termed results from the recently completed drilling programme at its 100%-owned Berkh Uul coal project ‘positive’, indicating that “the quality of the coal is comparable to or better than the historical drilling data, notwithstanding differences in the analytical methods and techniques performed”.
A bank of dirt becomes a stone wall
In October, 2014, the Government of Mongolia sent invitations to six parties to bid for Tavan Tolgoi, according to Decree No.268 of the Government, of which the full text was published in the Mongolian Mining Journal.
ZMEngineering becomes Hardox Wear Part Center
In 15th December 2014, ZMEngineering (ZME) LLC the Mongolian mining metal structure manufacturing and design engineering company,has started cooperation with the world-leading company in special steel, SSAB’s HardoxWearparts.
