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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”.
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.
Chinese driller strikes oil at Khanbogd
A Chinese company, Zon Hen Yu Tian, has struck oil at the Galba 11 exploration site at Khanbogd Soum, Umnugovi Aimag. Galba 11 is one of 22 projects where four foreign companies received an exploration licence in 1992. Incidentally, these licences are due to expire very soon.
Oyu Tolgoi draws from inventory as sales exceed production
Sales of copper concentrates from Oyu Tolgoi exceeded production in April, leading to a drawdown in warehouse inventories held on the China-Mongolia border. Oyu Tolgoi concentrates sales during the month totalled 68,000 dry metric tonnes, up from just 48,000 dmt in the whole of the first quarter.
Erdene hits highest gold grades to date, exploration continues
Erdene Resource Development Corp recently released the results of their second-quarter exploration programme at its Altan Nar gold-polymetallic project. Findings from surface exploration and drilling have supported the sustained development of the mineralisation project.