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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 [...]
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.
Russia’s Vekselberg eyes African mining projects
Russian billionaire Viktor Vekselberg is looking to invest in mining projects throughout Africa as his Renova Group moves forward with a large manganese and ferro-alloy project in South Africa.
Vekselberg, Russia’s fifth-richest man, told Reuters in an interview on Friday Renova would complete a feasibility study into the manganese project in the first quarter of 2007.
“South [...]
