Change of Fate: Erdenet Mining Corporation 0

According to the news.mn agency’s report on the 10 February’s Parliament meeting, the Parliament members voted on the fate of 49% shares of Erdenet Mining Corporation. 80.3% of the members

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Rio Tinto, Other Miners Get Pickup From Prices 0

(source: The Wall Street Journal) Rio Tinto PLC is facing a problem that few would have anticipated a year ago: what to do with all its cash. After an increase

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Rio shuns Mongolia plan to swap Oyu Tolgoi equity for royalties 0

LONDON – Global miner Rio Tinto is not interested in a proposal by Mongolia to cut its equity stake in key mines such as Rio’s Oyu Tolgoi in exchange for

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Day 819: Mongolia’s Mining Squabbles Squander Sovereignty And Gift China Power 0

Since August 2011, a swathe of Mongolia’s politicians have committed themselves to a series of public squabbles with international mining companies operating in Mongolia. These politically staged disputes are ultimately

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Rio Tinto rejects Mongolian offer to lift Oyu Tolgoi stake 0

RIO Tinto will not take up a Mongolian government offer to boost the company’s stake in the $US11 billion ($14bn) Oyu Tolgoi copper and gold mine but says it would

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RIO TINTO UNVEILS $2BN SHARE BUYBACK 0

Rio Tinto has warned of lower prices for miners as a result of slowing Chinese growth as it unveiled a $2bn share buyback to meet pledges to raise returns for

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Rio shuns Mongolia plan to swap Oyu Tolgoi equity for royalties 0

Feb 12 (Reuters) – Global miner Rio Tinto is not interested in a proposal by Mongolia to cut its equity stake in key mines such as Rio’s Oyu Tolgoi in

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DARK TIMES: EXPLORATION AND MINE DEVELOPMENT REVIEW 2015 0

2014 proved to be one of the bleaker years for coal project development, with coal prices following a downward trend, leaving little incentive to invest in both exploration and projects.

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Mongolia text poll impact: Dust off your exploration plans 0

Mongolia’s referendum by text message that asked its three million citizens (anyone with a mobile phone could participate, not just eligible voters) to help shape country’s economic policy, is either

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MINING INDUSTRY: 2015 OUTLOOK 0

THE MINING INDUSTRY was battle tested in 2014. The prices of iron ore and gold deteriorated, reaching record lows and forcing many companies to cut costs and postpone projects in

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