Hong Kong-listed Kiu Hung Energy Holdings will be buying three mines in a western province of Mongolia from First Dean Holdings on payment of between HKD1 billion and HKD1.4 billion in cash or by issuing bonds or notes.
B. Juramt, a president of the Chinese ”Khukh Suld” Group in association with the Society of Supporting Mongolian-Chinese Investors are intending to send MNT1 billion worth of relief aid to Mongolian herders.
The World Bank has approved a USD10 million scale-up of the Index Based Livestock Insurance Project (IBLIP) in Mongolia. IBLIP was introduced in 2006 and provides herders with insurance to get protection against climate-related losses to livestock.
Micro Technologies (India) Ltd. has expanded its IT-based business to Mongolia where it plans to provide highly advanced security products in the domestic market.
The developed world’s economic recovery gained momentum in the fourth quarter as the combined gross domestic product of the world’s industrialized economies grew at its strongest pace since the first quarter of 2007.
Mongolia rests on billions of dollars’ worth of copper, gold, uranium and coal reserves, in such vast quantities that the country and its population are predicted a great influx of wealth in the near future.
TORONTO - Centerra Gold Inc. (TSX:CG) hopes its Mongolian processing operation will be up and running again shortly, but has no commitments from the Mongolian government in terms of a timeline.
In an attempt to prevent the spread of disease via 2 million livestock that have died in extreme cold weather, the U.N. is now paying 60,000 Mongolian herders to clear and bury the carcasses.
Energy Resources LLC is to consider an initial public offering in Hong Kong or London as it may more than double its coking coal production this year due to an increase in global demand.
The Standing Committee on Security and Foreign Policy has asked the Government to investigate why 12 mining licenses, granted near the Mardai uranium deposit and apparently in violation of the law, have not yet been cancelled.
Officials of the Academy of Sciences (AS) introduced last Friday to Prime Minister S. Batbold a project named “Central Complex for History and Culture of Central Asian Nomads”.
Former Prime Minister S. Bayar prolonged illness and absence has led to increasing pressure from various sections of the MPRP on the party’s administrative board to set a date for a general conference where a new chairman will be chosen.
According to the recent developments of the world’s biggest coking coal reserve Tavan Tolgoi where the choice of a full state ownership and contract mining seems to have been opted for,
Our client combines engineering & scientific skills in a unified approach to achieve the right environmental balance for our clients in the design & construction of the engineered environment.
Our client combines engineering & scientific skills in a unified approach to achieve the right environmental balance for our clients in the design & construction of the engineered environment.
WASHINGTON, Feb 23, 2010 (Xinhua via COMTEX) -- The World Bank Tuesday approved a 10 million U.S. dollars scale up of the highly innovative Index Based Livestock Insurance Project (IBLIP) to help Mongolian herders.
HONG KONG -- The Mongolian government appears to be leaning toward a mining contract or production-sharing arrangement over the sale of a stake in the huge,
