Unique mining opportunities in Mongolia
Mongolia’s mineral wealth — primarily coal, copper and gold — has been valued between US$1 trillion and US$3 trillion. The mining industry employs 3.6 percent...
Tag : mongolia
Due to mining boom in Mongolia a river diversion is being planned
Before 2000 there were no mines in South Gobi apart from the state-run Tavan Tolgoi coal mine. But over the past two decades, foreign investment...
Mongolia asks for better deal with Rio Tinto for copper mine expansion
Mongolia is seeking agreement with Rio to terminate a deal to expand the mine and replace it with a new pact that offers better terms....
“Undermining Mongolia” report shows the country is forced to give up control over its natural resources
Leaked documents expose how mining companies Rio Tinto and Turquoise Hill Resources, the US embassy, the IMF and the World Bank compelled the Mongolian government...
Turquoise Hill wins in dispute with Rio Tinto over mine in Mongolia
The temporary relief granted to the Vancouver-based miner Turquoise Hill Resources in the arbitration proceedings against Rio Tinto, prevents the mining giant from restricting Turquoise...
Aspire Mining in Mongolia to benefit from China’s shift away from Australian coal
China recently introduced tariffs on Australian goods including wine, barley and beef and the unofficial coal ban has only increased tensions between the two countries....
Turquoise Hill Resources taking Rio Tinto to arbitration over mining obligations for Oyu Tolgoi mine in Mongolia
Oyu Tolgoi is a copper-gold-silver mine in Mongolia. Oyu Tolgoi, located in the South Gobi desert near the border with China, produced 35,203 tonnes of...
Mongolia’s mineral wealth revenues should be invested in people and institutions
Mongolia is now one of the fastest-growing economies in the world, thanks to large-scale mining that started in 2004. Mongolia’s economy has grown at an...
Aspire Mining’s future production plans
Focussed on redeeming the exploration potential of the Ovoot Coking Coal Project (OCCP) situated in northern Mongolia, Aspire Mining Limited undertook significant activities bolstering fast...
Arbitration in favour of Denison Mines and its uranium assets in Mongolia
Denison Mines, Canada based company, won arbitration ruling over Mongolian uranium assets sale after the London Court of International Arbitration (LCIA) has rendered a final...