World Mining News

Rio Tinto said on Friday its Mongolian copper unit had begun an international arbitration process, seeking to resolve a dispute with the local tax authority. Rio Tinto is already stuck in renegotiations over terms of the agreement underpinning the Oyu Tolgoi copper mine project, as local lawmakers contend that financial gains from the project are not being evenly shared with …

Өнгөрсөн онд Хятадын коксжих нүүрсний импорт 74.5 сая тонн болсон байна. Энэ нь өмнөх оноосоо 15 орчим хувиар өссөн дүн бөгөөд сүүлийн зургаан жилийн дээд хэмжээ юм. Блумберг Интеллеженсийн шинжээчид Хятадын коксжих нүүрсний импортыг 74.9 сая тонн болно хэмээн таамаглаж байсан юм. Харин Хятадын нийт нүүрсний импорт 299.7 сая тонн болж, зургаан хувиар өссөн байна. Арваннэгдүгээр сард коксжих нүүрсний импорт нь …

Сингапурын  “Channel news asia” телевиз “Шинэ торгоны зам” цуврал нэвтрүүлгийг хийсэн. Уг цуврал нэвтрүүлгийн хоёр дахь дугаарт Монгол Улсын уул уурхайн эдийн засаг, дэд бүтэц болон “Эрдэнэс-Тавантолгой” ХК-ийн үйл ажиллагааны тухай үзүүлжээ.

Gulnara Dariiga has been stuck in traffic for two days in the Gobi Desert in southern Mongolia. The 38-year-old mother of four eats and sleeps in a heavy-duty North Benz truck, assigned to her by her Chinese employer — a coal buyer across the border. “I think today we will cross,” she says with a grin. She shifts from park …

Looking for a long-term bullish signal for copper? Then look no further than Rio Tinto’s struggles with the Oyu Tolgoi mine and expansion project in Mongolia. The latest news about the giant copper-gold project is that the production from the underground expansion will be delayed by more than a year to between May 2022 and June 2023, and that costs have …

Rio Tinto-controlled Turquoise Hill Resources said an impairment charge at the cash-generating unit of its Oyu Tolgoi copper mine in Mongolia led to the company missing estimates for second-quarter profit on Wednesday. Turquoise Hill, which owns 66% of the mine, reported a loss of $736.7 million, or 22 cents a share, in the three months ended June 30, compared with …

MOSCOW, September 2. /TASS/. Russia’s rail monopoly RZD will modernize Mongolia’s rail network to develop the country’s transit potential, Russian President Vladimir Putin has said In an interview to Mongolia’s Udriin Sonin newspaper ahead of his visit to the country. “In our bilateral dialogue, we are focusing on the transport and infrastructure sector and on tapping Mongolia’s transit potential,” the …

China, Mongolia and Russian Federation to open up new era of trade cooperation Moscow (ESCAP News) – A new era of trade cooperation between China, Mongolia and the Russian Federation was opened in Moscow on 8 December 2016, when the governments of the three countries signed the Intergovernmental Agreement on International Road Transport along the Asian Highway Network. By signing …

GENEVA / ULAANBAATAR (11 September 2019) – The mining sector in Mongolia should play a truly transformative role and serve as a catalyst to ensure the realisation of economic, social and cultural rights, and spur human development, says a UN expert at the end of a visit to the country. “Mongolia is rich in natural resources which can be both …

Logistics and transportation of Container Cargo ship and Cargo plane with working crane bridge in shipyard at sunrise, logistic import export and transport industry background Mongolia’s coking coal exports remain an integral part of the country’s export income and increased efforts are needed to compete against other coal-producing nations and solve challenging transportation issues, senior executives from trade associations and …