Mongolia Serious About Mining
Eight bidders have been shortlisted for Mongolia’s massive Tavan Tolgoi coking coal project just weeks after Mongolians watched their government on national television sign a long-awaited investment a…
Coal
SouthGobi Lays Out Expansion Plans
VANCOUVER–The Mongolian government’s long-awaited ratification of the Oyu Tolgoi investment agreement has spurred SouthGobi Energy Resources (SGQ-V, SGQRF-O) to announce a major expansion in its Mong…
Mongolia’s Coal Sector Roars Back To Life
As many exasperated miners and investors had hoped, the early October signing of the long-delayed Oyu Tolgoi copper-gold development agreement between Ivanhoe Mines and the Mongolian government has le…
SouthGobi lays out ambitious expansion plans
Vancouver – The Mongolian government’s long-awaited ratification of the Oyu Tolgoi investment agreement has …
Mongolia gets serious about mining
Two weeks after Mongolians watched their government sign an investment agreement for the Oyu Tolgoi copper-gol…
Heavyweight Chinese coal producer to list on NYSE
For those who want to invest in China’s long-term economic growth and in particular its infrastructure develop…
Number of coal deposits found reaches critical mass says Goldsource president
Vancouver – A summer drill program at the Border coal property in Saskatchewan has helped revive the share pri…
SouthGobi Doubles Coal Sales In Mongolia
SouthGobi Energy Resources (SGQ-V, SGQRF-O) more than doubled coal sales at its Ovoot Tolgoi mine in June and has moved it to round-the-clock production, seven days a week, starting from July 1.
Sparton Resources nails $1.7 million loan for China acquisition
Toronto-based junior Sparton Resources (SRI-V) has secured a $1.7 million loan to raise its stake in a coal an…
UBS Forecasts Coal Recovery
Signs of rising power consumption in China coupled with supply constraints across the Asia Pacific region are all adding up to a tighter thermal coal market that will push up prices, UBS says.
ArcelorMittal assets under threat in Russia
The governor of Russia’s Kemerovo region warned steel giant ArcelorMittal (MT-N) that if it doesn’t increase coal p…
Mechel posts Q1 net loss of US$690.7 million
A 60% drop in coking coal production and a sagging exchange rate for the Ruble plunged Russian integrated mining an…