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China Shenhua Energy to Continue Bid Coal Exploration Projects in Tavan Tolgoi, Mongolia
China Shenhua Energy Co Ltd said it is still in the running for a stake in Mongolia’s massive Tavan Tolgoi project, adding a new twist in the long-running tussle for what has been billed the world’s largest untapped coking coal resource.
Shenhua’s President Ling Wen’s comments on Tuesday came after Mongolia said it had cancelled the [...]
SouthGobi Energy Stock Offering To Raise $ 400 Million HK
SouthGobi Energy, mining company based in Vancouver, planning to increase sales of shares of approximately HK $ 400 million. SouthGobi Energy shares 80 percent owned by Ivanhoe Mines, the Canadian mining company, the remaining shares are owned by institutional investors and mutual funds.
Southgobi Energy Increase Production Of Coal Mines In The Gobi Desert To China’s Coal Demand
SouthGobi Energy coal producer with operations on the sandy area of southern Mongolia, plans to increase coal production reached 8 million metric tons in 2012. Coal production comes from coal mines in the Gobi desert. Increased coal production in order to anticipate the demand for coal from China. Investment needed to increase the production capacity [...]
CGE Participated In Joint Venture Agreement Underground Coal Gasification In Mongolia
Project underground coal gasification in Mongolia will be undertaken by a joint venture company. The project will explore coal 1.8 billion tons of coal deposits in Mongolia. Companies that participate in coal gasification projects, among others : Yusenjiayu Beijing Environmental Protection Technology, Inner Mongolia, Xin Gu Goldbridge Mining and Energy Clean Tech.
China Excess Coal Import And Production In 2009
Growth of industrial sector in China is a remarkable growth. growth in industrial sector demand growth was followed by a significant supply of energy, so that the government of China should make the production of coal and imported coal as an energy source. In 2009 the import of coal and coal production of China has [...]
Mongolia Coal Price Impact And Australian Coal Export Growth Future
Growth in exploration activities in the coal mines in Mongolia resulted in a sharp increase coal production. Mongolia coal production lot imported into China, because the price of coal from Mongolia is cheaper.
Mongolian Government To Finish Mining Companies Selection To Explore Coal Mines Resources In Tavan Tolgoi Mine
Mongolia to develop mineral mining resources to advance the country’s economy, which can help people out of poverty. To attract investors and mining companies to explore mineral mining resources in territory of Mongolia territory, the government offered shares worth $ 2 billion.
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
Oyu Tolgoi Copper-Gold Project : Mongolian Delay Approval Copper-Gold Project Investment, Rio Tinto and Chinalco Reconciliation
Mongolian government has delayed approval to invest U.S. $ 6.8 committed to developing exploration projects of copper-gold mining Oyu Tolgoi. Mongolian government refusal to open the opportunity for Rio Tinto and Chinalco to resume reconciliation talks the two mining companies.
