QGX Ltd

WSJ ad calls on U. S. to cut off aid to Mongolia

The Center for Individual Freedom has published a full-page ad in The Wall Street Journal demanding that U. S. President George Bush and Secretary of State Condoleeza Rice tell Mongolia that it has to…


QGX's open-pit tungsten-molybdenum mine at Undur Tsagaan, in Mongolia. Although the mine won't move into production until after 2011, it was just awarded a mining lease by the Mongolian government. The licence is good for 30 years and can be renewed twice, for a 20-year period each time.

QGX nails mining licence in Mongolia

Two months after China banned foreign ownership in tungsten and molybdenum mines, Mongolia has given QGX (QGX-T, QGXLF-O) the green light to move forward with an open-pit mine at its tungsten-molybden…



Stephen Stakiw

QGX Likes Baruun Naran Economics

Vancouver — QGX (QGX-T, QGXLF-O) has commissioned a prefeasibility study on its Baruun Naran coal deposit, in the Gobi region of southern Mongolia, following a major resource boost and a positive pre…


Baruun Naran gets resource boost

Vancouver — More than doubling the previous tonnage estimate, QGX (QGX-T, QGXLF-O) has released a revised resource calculation for its Baruun Naran coal deposit in the Gobi region of southern Mongoli…





QGX's camp at its Baruun Naran coal project in southern Mongolia.

QGX tables Baruun Naran coal resource

Vancouver — QGX (QGX-T, QGXLF-O) has produced its awaited resource estimate for the Baruun Naran coal deposit in the Gobi region of southern Mongolia….



Stephen Stakiw

Mongolia drops tax bombshell

Vancouver — From left field, and late on a Friday night, Mongolia’s parliament shocked Western mineral explorers by passing a windfall profit tax, which calls for a 68% levy on copper and gold operat…



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