Mining The Resources
Minding the future
Эрдсийг эрдэнэст
Ирээдүйг өндөр хөгжилд
Recent news
MTU engine is important for the successful mining in Mongolia MTU, the choice of engine for major OEMs, has been introduced into the Mongolian mining industry by Mongolian Star Melchers supported by Tognum Asia, the manufacturer of MTU. The manufacturers explain to our readers how MTU engine can contribute to the successful mining operations in Mongolia.
NTR Metals: Gold mining in Mongolia will continue to grow in a consistent and rational manner NTR Metals, the US based company for trade and processing of the precious metals, is implementing its successful operation globally. The company has decided to enter the Mongolian gold industry. Kenneth W. Beilstein explains about what services does the new branch of NTR Metals in Mongolia bring here and the opportunities for the Mongolian gold industry’s development.
MIBG: The Exchange Is Faced With Investor Concerns of Volume, Liquidity and Reporting The Mongolian capital market is in its development stage. Chris MacDougall, Managing Director, Investment Banking at Mongolian Investment Banking Group, explains to MMJ about the future of the country’s capital market and the main services of his company, which is a new player in the field.
Khan Resources not alone in opting for arbitration Toronto-based Khan Resources is gambling that an international arbitration case in Paris will allow it to regain control of a uranium project that, it claims, was illegally expropriated by the Mongolian government, leaving it with nothing but angry investors.
MAGNA TYRES’ strength is that it produces its own raw material Recent years have seen the Dutch company Magna Tyres expanding heavily in the tyre industry. It is represented in more than 80 countries around the world. Its mobile exhibition boot hat Mining Mongolia 2013 drew large and appreciative crowds, and now its Sales Manager, Peter Schreudering, answers questions on the special features of the technology behind the products being offered on the Mongolian market.
What the new Mongolia-China agreement says During his visit to China last month, Prime Minister N. Altankhuyag signed with his counterpart Li Keqiang a document that outlines key areas of cooperation for the development of the two countries’ strategic partnership in the medium and long term. The following is the text of parts of the agreement, selected on the basis of their relevance to the interests of our readers. The translation is neither official nor authorised.
Statements give way to clear definitions The draft of the State Policy on the Minerals Sector was submitted by the Ministry of Mining on May 31 this year. After almost half a year of discussion, what have been the major changes suggested to it?
Falling business fails to dampen Canadian mining sector Skills shortages remain top of mind for Canadian resources and mining sector employers, after 75% of companies polled in a recent international recruitment agency Hays Canada survey described the shortage as “moderate” to “significant”.
Videos capture impact of mining in 2 regions of Mongolia The dramatic expansion of Mongolian mine sites from initial diggings to their present size has been captured using satellite imagery for the first time by researchers at The University of Queensland’s Sustainable Minerals Institute (SMI).
A forum that used the past to prepare us for the future There was good reason why The Mongolian Mining Journal was among the organisers of “The 20th Anniversary of the Modern Mongolian Mineral Sector” Forum held at the ‘A’ Hall of the Government Palace on November 15.
TT power plant to follow global best practices The planned thermal power plant based on Tavan Tolgoi coal is to be built with both Government and private investment. The Head of the Tavan Tolgoi Electrical Plant Proposal Department, Dr of Economics M. Enkhsaikhan, describes how things are progressing.
A forum to restore trust and revive faith N.Ariuntuya finds out from D.Bat-Erdene, advisor to the Minister of Mining, what the Ministry hopes to achieve from the “Minerals Sector – 2025” forum it is holding on January 15.
‘Crawling depreciation’ and ‘Expansionary policy’ Two new terms were introduced into the Mongolian economic discourse this year: ‘Crawling depreciation’ and ‘Expansionary policy’. The first was used to define the economic trend and the second to describe the nature of our monetary policy.
What do Chinese figures prefigure for Mongolia? One way of not buckling under the Ulaanbaatar winter is to keep your self-esteem high, with artificial inflation, if necessary (as certainly in the case of yours truly). Only that can extenuate my choice of topic this month.
Japanese researcher fears radiation exposure among herders In a bid to gauge the extent of radioactive contamination in Mongolia, Ryoko Imaoka, an associate professor of Mongolian studies at Osaka University, has been supplying used cameras to herders so they can document the frequency of deformed livestock, which appears to be on the increase, particularly near uranium mines.“With the transition to a market-based economy rapidly in progress, environmental pollution is becoming a serious problem,” said Imaoka, 51.
OT to produce more than Erdenet in 2014 The present year should see production volume at Oyu Tolgoi surpass that of Erdenet, according to the latest update on the project jointly presented by the Prime Minister and Erdenes OT directors in December.
Mining Journal Awards 2013 Defying the crisis Given the pall of gloom and uncertainty that hung over the whole mineral sector in 2013, we at the Mongolian Mining Journal were not sure if it would be right this year to organise the annual Mining Journal Awards.
MINERALS SECTOR 2025, forum MINERALS SECTOR 2025, forum Ulaanbaatar, Mongolia 2014.01.15
Robert Friedland, executive chairperson of Ivanhoe Mines. “You have to have the courage of your conviction, we have to be thinking of 2019 or 2022 as if it were tomorrow. It is an ugly, long-term, difficult, 19th-century business, but anyone who tells you the supercycle is over is an idiot.”
Chances of 600.000 tonne per annum coal conversion plant brighten Confirmation that Mongolian brown coal is suited for conversion into higher value products using Coal Plus -- a proprietary coal upgrading technology -- paves the way for Jatenergy’s agreement with Monrospromugoli to go ahead, and finally to result in a 600,000-tonne conversion plant that will generate annual royalties of US$1.76 million.
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