The Mongolian Mining Journal

State-owned entities must have operational freedom G. Temuulen, Executive Director of Erdenes MGL, tells S. Bold-Erdene freedom from Government control is the key to the commercial success of any State-owned company. If necessary, there should be a legal bar on any form of Government involvement in a company’s daily work.

PDAC, Toronto, Canada PDAC, Toronto, Canada

Mongolia Economic Forum 2014, Ulaanbaatar, Mongolia Mongolia Economic Forum 2014, Ulaanbaatar, Mongolia

Miner and Supplier 2014, Ulaanbaatar, Mongolia Miner and Supplier 2014, Ulaanbaatar, Mongolia

Global Coal Summit, Bali, Indonesia Global Coal Summit, Bali, Indonesia

Asia Mining Congress, Singapore Asia Mining Congress, Singapore

Safety First, Ulaanbaatar, Mongolia Safety First, Ulaanbaatar, Mongolia

Mines & Money 2014, Hong Kong Mines & Money 2014, Hong Kong

World CTX, Beijing, China World CTX, Beijing, China

EBRD loan to help Sharyn Gol produce clean fuel briquettes The European Bank for Reconstruction and Development (EBRD) is lending $10 million to Sharyn Gol JSC for the acquisition and installation of a de-stoning plant and the upgrade and expansion of a coal enrichment and briquetting plant.

The sound of one hand clapping Careful readers will find on another page of this issue a quote from the indefatigable anti-corruption crusader, President Ts. Elbegdorj, “Corruption makes Mongolia look awful, ugly.”

Erdenes MGL buys coal transport road from MMC Erdenes MGL has taken control of the Ukhaa Khudag-Gashuun Sukhait paved road from Gobi Road, a subsidiary of the Mongolian Mining Corporation, on payment of an amount equivalent to approximately $90,323,295.42 at the current exchange rate.

From draft to State Policy – a long journey The State Policy in the Mineral Sector was passed last month after being discussed for over two months. President Ts.Elbegdorj had proclaimed a decree last March and a working group was set up to prepare a draft policy for Parliament to discuss. After working for almost half a year, the working group submitted the draft to the State Great Khural at the Fall Session.

Coal Mongolia 2014, Ulaanbaatar, Mongolia. 2014.02.20-21

The 3rd Exploration Exchange China 2014, October 24-25. Beijing, China Welcome to Exploration Exchange China 2014, China’s premier outbound mining investment conference and exhibition, which will be staged on October 24-25 at the Beijing International Convention Center (BICC).

China Gold Congress and Expo, September 10-12. Beijing, China Hosted by the China Gold Association, organized by Capital Exhibition and Conference Corporation, the China Gold Congress and Expo will be held at the Beijing International Convention Center on September 10-12, 2014. I

EOT: Continuation of the underground expansion operation is dependent on the completion of the Feasibility Study Further to our press release dated 18th November, 2013 and Turquoise Hill Resources (TRQ) press release dated 12th February 2014, Erdenes Oyu Tolgoi LLC (EOT), 34% shareholder of the Oyu Tolgoi LLC (OT), wishes to clarify its current status in resolving outstanding issues.

Trafigura signs off-take deal for Oyu Tolgoi Commodity trader Trafigura has agreed to provide financing for Oyu Tolgoi in exchange for a long-term deal to buy an undisclosed portion of the output, it said on Monday.T

“We lack social consensus and refuse political consensus, leading to defamation and destruction of Mongolian democracy.” “We lack social consensus and refuse political consensus, leading to defamation and destruction of Mongolian democracy.” R.Amarjargal, DP MP.

Russians “welcome, but only on competitive terms” The 17th and the latest inter-governmental meeting between Russia and Mongolia in Moscow had a long agenda and ended with several decisions to enhance collaboration between the two nations. These included some issues of importance in the mining sector. S. Bold-Erdene talks to vice minister of mining, O. Erdenebulgan, to find out more.