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Apr 6, 15 •
5401 Views •
Companies, Featured, Mining, News, Politics, State Affairs •
business •
No Comments
War within the party Late Sunday evening adventurous speech of Prime Minister Saikhanbileg and threatening opening speech of Speaker Z.Enkhbold is the clear evidence on how harsh it becomes the internal fraction within the Demparty. Long running hearsay about...
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Oct 23, 14 •
3818 Views •
Economy, Featured, Mining, News •
Valencia •
No Comments
According to the statement by Ministry of Finance, Erdenet JSC, the oldest Mongolia-Russian joint copper-mine will pay MNT447.5 billion in taxes. In the other hand, a mine that has more sales and production – Oyu Tolgoi LLC – will pay MNT324.3...
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Jun 10, 14 •
8099 Views •
Economy, Featured, Mining, News •
Valencia •
1 Comment
The Ministry of Mining announced 10 objectives for 2014 at its monthly “Transparent Mining’ press conference held on May 28th, according to Info Mongolia. The objectives include: 1. Acceleration of underground development of Oyu Tolgoi project 2....
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May 30, 14 •
6941 Views •
Economy, Featured, News •
Valencia •
1 Comment
May 28 (Reuters) – Rio Tinto Ltd plans to cut around 300 jobs at the Oyu Tolgoi copper and gold mine in Mongolia it operates to cut costs as copper prices remain weak, the global miner told staff on Wednesday. The cuts amount to just under 5 percent of...
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May 14, 14 •
3180 Views •
Economy, Featured, News •
Valencia •
No Comments
The cabinet proposed 100-day plan to boost the economy and overcome the economic difficulties last week. The 100-day plan already began to be implemented and below are the major points reflected in the policy. 1. Resuming of exploration license...
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May 6, 14 •
4442 Views •
Economy, Featured, Mining, News •
Valencia •
No Comments
Prime Minister N.Altankhuyag announced a stimulus bill named 100-day Action plan for that will seek to ease the economic difficulties that Mongolia currently facing. The action plan includes 50 points that would boost mining, infrastructure and manufacturing...
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Feb 14, 14 •
3529 Views •
Business, Featured, Mining •
Amarsanaa •
3 Comments
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...
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Feb 14, 14 •
3886 Views •
Companies, Featured, Mining, News •
Amarsanaa •
No Comments
Press release Turquoise Hill provides update on Oyu Tolgoi and discussions with the Government of Mongolia VANCOUVER, CANADA –Turquoise Hill Resources today provided an update on Oyu Tolgoi’s operations, project financing and discussions with the...
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Dec 5, 13 •
5904 Views •
Featured, Mining, News •
Valencia •
2 Comments
Shares in Turquoise Hill (TSE:TRQ) operator of the massive Oyu Tolgoi copper and gold mine in Mongolia, dropped sharply on Wednesday as the rights issued under its recent $2.4 billion offering began trading in Toronto By midday Turquoise Hill stock was...
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Nov 20, 13 •
6405 Views •
Economy, Featured, News •
Valencia •
No Comments
Mongolia’s economy is set to return to strong growth next year, the Asian Nation’s central bank governor said Tuesday. Central bank head Naidansuren Zoljargal said gross domestic product could expand as much as 17% next year from around 11% this...
