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Prophecy Coal Corp. To Complement Obsolete Power Plants in Mongolia
Feb. 20 | Significant Progress with Chandgana Power Plant. In November 2011, the company received a power plant licence from the Mongolian Energy Regulatory Authority. In January 2012, Prophecy Coal Corp. (PCY) announced a positive feasibility study for the Company’s...
Silk Road Management Launches Two Debut Iraqi Equity Indices
Feb. 2 | Silk Road Iraq Oil Index surged impressive 24% in January 2012 ULAANBAATAR. Silk Road Management is pleased to announce that it launched Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest...
“Coal Mongolia 2012″ will he held
Jan. 5 | The Ministry of Mineral Resources and Energy, the National Development and Renovation Committee, and mining.mn will jointly organize an international forum “Coal Mongolia 2012” on February 9 and 10. The forum was also held last year and it is aimed...
China’s coking coal imports hit record high
Dec. 24 | China’s imports of coking coal hit a 10-month high of 5.1 million mt in November, the highest since shipments of 5.6 million mt in January, according to Chinese customs data released Thursday. November imports were up 19% from imports of 4.3 million...
Top Tax Payers will be Supported by the Government
Dec. 23 | Today, Prime Minister S.Batbold met with the executives of the top 100 tax payer companies and organizations in Mongolia. This marks the first time the head of Government has invited leading contributors to the Mongolian state budget into the State Palace...
Government Decisions will Affect the Tavan Tolgoi IPO
Dec. 17 | The following is an interview concerning the IPO of Erdenes Tavan Tolgoi with the CEO of Edenes Mongol B.Enebish, member of the board of directors of the Mongolian stock market B.Bold, and the President of the investment bank MICC D.Achit-Erdene. How...
Erdenes Oyutolgoi LLC is established
Dec. 7 | At the Cabinet meeting the members decided to form the state-owned company Erdenes Oyutolgoi LLC as a subsidiary of Erdenes MGL LLC. Erdenes Oyutolgoi will own state shares of Oyutolgoi LLC, which owns the special exploitation license for the Oyutolgoi...
MONGOLIA: LAUNCH REPORT TO EXPLORE PLANS FOR BOOSTING EXPORTS
Nov. 7 | Oxford Group - Anne interviews President Elbegdorj Major transport projects will provide new opportunities for foreign investors Mongolia is looking to expand its economy – and its exports – by processing more of its natural resources to move up the...
Petro Matad well in Mongolia produces no oil
Nov. 4 | Petro Matad has reported that no oil was recovered during the testing of the Davsan Tolgoi 11 well (DT-11) in eastern Mongolia. However, the company remains confident of being more successful in its other drilling in the area. Commenting on the analysis...
