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 […]
Kh.Narankhuu: Mining Site of Tavantolgoi Trans Might Be Transferred
We are speechless if Russia brings out the issue of Asgat during the visit of PM to Russia
We got views of Mr. Kh.Narankhuu, Minister of Industry and Commerce.
Prime Minister noted that Tavantolgoi would be taken into state ownership 100 percent. As a result of negotiation, 4 percent was left to Energy Recourses.
It […]
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 […]
A Team of International Consultants Are to be Invited
The government meeting decided it was proper to select and conclude an agreement with a team of international consultants, which would advise and consult on use of strategic deposits to the Cabinet, according to regulations and organize it within April. The selection shall be made in conformity with laws and regulations and advises and consults […]
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:
S.Bayar and Ts.Elbegdorj Made Joint Statement
Today. 12.45 pm
Today 12.45 pm, Prime Minister S.Bayar and Mr. Elbegdorj, Chairman of Democratic Party, made a joint statement at Government House. They stated that two parties reached common agreement on the amendment of Mineral Law of Mongolia. Parties agreed on immediate resume of Tavan Tolgoi and Oyu Tolgoi projects and investors can own only […]
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 […]
Those Except Republican Support State Property Domination
Last Friday, the President of Mongolia received leaders and representatives of political parties, holding seats in the Parliament. The meeting addressed the main politically attractive issues including Oyutolgoi, Tavantolgoi, Asgat silver deposit that are of strategic significance. They are both interested in trading mineral deposits for votes at this time of election. Because none of […]
