OT project future looks grim

Share price of Oyu Tolgoi project, the biggest and most eagerly awaited contributor to the state budget of Mongolia, is really going to slump regardless of its gain in the past few days? Business-Mongolia.com is sharing it view with our readers as follows. Influence from Neighbors In the last few years, especially during the reign […]

Tavan Tolgoi IPO delays to 2013

Mongolian miner Erdenes Tavan Tolgoi, which owns one of the world’s largest coking coal deposits, has pushed back plans for an international stock market debut to early 2013, disappointing hopes it would boost London’s fortunes this year. The state-owned group is planning to list 29 per cent of the firm in a float analysts say […]

Coking coal prices to fall as world demand softens

PERTH (miningweekly.com) − Coking coal prices could fall to below $240/t by the fourth quarter of next year, as demand softened and supply recovered from flood-hit basins in Australia, a Wood Mackenzie analyst said on Wednesday. However, the price for the steelmaking ingredient would remain above the marginal cost of production. Analyst Prakash Sharma attributed […]

MP Ts.Sedvanchig: Government should be clear to Japan and South Korea

MP, Member of Mongolia-Japan Parliament Ts.Sedvanchig was interviewed regarding the issues of Tavantolgoi investment agreement. Q: You are the Member of the Mongolia-Japan Parliament. It is believed that the Japanese Ambassador to Mongolia sent letter to the Mongolian side regarding their interest in Tavantolgoi. Could you explain more about their request? Ts.Sedvanchig: Irregular meeting of […]