T. Namjim, Director of
Mongolsekiyu, the company that has signed an agreement with two Japanese
companies, Marubeni and Toyo Engineering, to set up an oil refinery in Darkhan,
said oil has a strategic role in every country’s economy and it is very
important to
Hunnu
Coal has reported an initial JORC measured, indicated and inferred resource
estimate of 324 million tons to a depth of 140 meters for the new Har Toirom
coal discovery, which is located adjacent to the Unst Khudag Coal Deposit in
Mongolia. This is
Alexander
Molyneux, President and CEO of SouthGobi Resources Ltd., has announced that the
company has signed a strategic alliance agreement with Winsway Coking Coal
Holdings Ltd. and a contract for the sale of 3.2 million tons of coal in 2011.
Under the agreement, SouthGobi
It
is likely that a smelter will eventually be developed to process a portion of
the concentrates from the Oyu Tolgoi mine, but probably not for at least ten
years or so, Ivanhoe Mines investor relations manager Bill Trenaman has said.
The investment agreement
The
Parliamentary delegation led by Speaker D.Demberel completed its official visit
to India yesterday and proceeded to its next dstination, Vietnam. In Delhi it
called on the
Minister of Foreign Affairs, S.M. Krishna who expressed the hope that the
Speaker’s visit would further strengthen
bilateral
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