Civil Movements Think That Four Percent of “Energy Resource” Is illegal
96 per cent of the Tavantolgoi coal deposit is transferred to government, and “Energy Resource” left with four per cent which is equal to a license. Civil movements made joint information on this issue. They have position that Tavantolgoi must be transferred to government wholly. They think it’s unjust that they are staying with best […]
Government Takes Main Resource of Cocking Coal
And research is undertaken what to do with remaining parts
Issues related to Tavantolgoi have been decided after being discussed for several times but draft law of amendments to the minerals law got stuck. Anyways, social movements and those who are interested in nomination to the coming election give high importance to it, holding […]
Chairman of the Board of Energy Resources LLC J.Odjargal: Since It’s a Major Deposit, We Respect State Policy, Being Patient
Yesterday, on behalf of the Government of Mongolia, Kh.Narankhuu, Minister of Industry and Commerce signed with Energy resources company on the agreement to transfer 96 percent of Tavantolgoi deposit to state ownership. During the event, we got views of Mr. J.Odjargal, Chairman of RGC of the Company.
Could it be beneficial for the company as […]
Deal With Energy Resources Is Negotiated
A task group, formed by the Government of Mongolia to negotiate and deal with Energy Resources LLC, owner of special permission of Tavantolgoi deposit, on December 2007, held nine negotiations with the Company. As a result of the negation the parties reached on a consensus to transfer Tavantolgoi deposit to state as follows:
J.Odjargal: I Told the Government We Had No Way To Go Back
The Government of Mongolia is negotiating with Energy Resources consortium, which owns 100 percent Tavan tolgoi deposit license however it’s been informed recently that the Government is taking the deposit 100 percent into state ownership, leaving nothing for national investors. Therefore, we clarified some information from J.Odjargal, Chairman of the Governing Council of the consortium.
In […]
Tavan Tolgoi’s Deal Could Possibly Again Put Into a Deadlock
A deal of Tavantolgoi is still attracting public attention. The deal starting at late of last year is still continuing till present. The working groups of Government and “Energy Resource” consortium have discussed 5-6 times during this period. Government informed during the process of deal that it’s impossible to account as an international standard when […]
