The sixth biggest U.S. coal company Massey Energy says it has signed a deal to work with India-based Jindal Steel & Power on potential underground coal projects in India, Mongolia, Australia and the United States. Massey Chief Executive Don Blankenship

SouthGobi Energy Resources may raise as much as USD446.6 million in its Hong Kong share sale. The Vancouver-based energy supplier plans to sell shares at the maximum price of the Hong Kong dollar equivalent of CAD17 each, say observers.
SouthGobi

SouthGobi Energy Resources has secured Asia”s top sovereign wealth funds, China Investment Corp (CIC) and Temasek, as cornerstone investors in its planned USD400 million Hong Kong IPO this month. China”s CIC and Singapore”s Temasek will each buy USD50 million worth

Energy Resources CEO G.Battsengel has said his company plans to contribute to the country’s development by engaging domestic companies as much as possible as subcontractors in all its work. More than 300 domestic contractors and suppliers are working on projects

Along with privatizing 12 state properties, the Government plans to establish several liability companies this year. The Erdenet factory, Mongolrostsvetment, Energy Resource, Khushuut and Oyutolgoi will offer shares to the public. This was disclosed at an open conference titled “Establishment

Centerra Gold has forecast a consolidated gold production of between 640,000 and 700,000 ounces this year, compared to 675,592 ounces produced in 2009.  “As we continue to expand our operations in both Mongolia and the Kyrgyz Republic, an aggressive focus

Khan Resources has announced that its 58%-owned Mongolian subsidiary, Central Asian Uranium Company (CAUC), has received a formal notice from the State Property Committee of Mongolia (SPC) requiring CAUC to propose to its shareholders a resolution to approve an increase

The second meeting of the India-Mongolia Joint Committee on Cooperation, held last week in Delhi, decided to operationalize the bilateral pact on civil nuclear cooperation by assisting in capacity creation for the Mongolian nuclear sector and considering the manner in

The Government of Mongolia has failed to effectively respond to human rights abuses that took place during the July 2008 riot in Sukhbaatar Square and its aftermath, leaving a legacy of impunity and injustice, Amnesty International has said in a

Mongolia once seemed an unlikely candidate for democratic reform, but while its two mighty neighbors are allowing authoritarian tendencies to diminish rule of law, impoverished Mongolia has persisted in building a more accountable government, says an appreciative report in The