Economic Archives - Page 42 of 95 - News.MN

Mongolian coal exports surge in January

Mongolia’s coal exports to all destinations in January increased by a significant 57.2% month on month, or by 3% on year, to nearly 2.5 million tonnes, due to the faster pace of coal deliveries across the Mongolia-China border last month,

Rio Tinto willing to negotiate new Mongolia mine agreement

Global miner Rio Tinto is willing to enter a new agreement with Mongolia to expand its Oyu Tolgoi mine as the government requested, two sources with direct knowledge told Reuters on Thursday (18 February), as both parties look to resolve

Mongolia’s economy shrinks for first time since 2009

Mongolia’s gross domestic product (GDP) fell by 5.3 percent in 2020 year on year – the first contraction since 2009, said the National Statistics Office (NSO) on Wednesday.
The Mongolian economy was valued at 37 trillion Mongolian Tugriks (12.9 billion U.S.

‘Lucky’ number plate sold for MNT427 million

A vehicle registration plate, also known as a number plate, license plate, is a metal or plastic plate attached to a motor vehicle or trailer for official identification purposes. All countries require registration plates for road vehicles such as cars,

Drama at Mongolia’s largest gold and copper project

Mongolia’s government is said to be actively seeking to cancel a deal with Rio Tinto (ASX, LON, NYSE: RIO) governing a $6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi Desert, as it looks to replace it

Talon Petroleum secures 35 percent in Mongolian CBM project

Talon Petroleum (TPD) has secured an option to earn a 35 percent interest in the proposed Gurvantes XXXV Production Sharing Agreement (PSA) in Mongolia.
The company has signed an agreement with Telman Resources, which holds a coal bed methane (CBM) prospecting