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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.
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.
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.
China Became the World’s Largest Supplier of Gold, Surpassing South Africa
The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry
Monglia Need $ 25 Billion Investment For The Development Of The Mining Sector
Mining sector in Mongolia has the potential to be done in the exploration and development, thus increasing income countries and help the development of other sectors. Development of mining sector in Mongolia disrupted because there are some policies and requirements desired by the Mongolian parliament, so that some investors make it difficult to develop mining [...]
Mongolian Finalised Mining Investment Agreement for Copper-Gold Mine Project This Month
An investment agreement for the long-delayed Oyu Tolgoi copper-gold mine project in Mongolia will likely be finalised this month when the matter is discussed in that nation’s parliament.
China National Coal Mining Companies Hopes Increase Coal Mine Production 200 mln Next Five Year
China National Coal Group Corp, the second largest state-owned coal mining company in the country, hopes to achieve output of 200 million tons of coal during the next five years, sources reported.
Mongolia Receives Mining Companies To Bid Tavan Tolgoi Coal Mine
Mongolia has received nine bids for the mining rights to the Tavan Tolgoi coal mine. The site is estimated to hold 6 billion metric tons of coal.
