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Peabody completes Mongolian coal deal with Polo Resources

U.S.-based Peabody Energy announced Monday that it has acquired a 50 percent interest in Peabody-Polo Resources B.V., a joint venture that holds Polo Resources Ltd.’s Mongolian coal interests.

Peabody-Polo Resources B.V holds licenses for...

Plans finalized for 260 km rail line from Ukhaa Khudag to Chinese border

Plans were announced Friday to build a 260 km railway to carry coal from Energy Resources LLC’s mine at Ukhaa Khudag to the Chinese border at Gashuun Sukhait. Construction is set to begin by the end of 2009 with the first trains operating in 2011...

Red Hill plans $250 million project at Ulaan Ovoo in Mongolia

Red Hill Energy announced Friday that it will authorize the construction of a $250 million project at its Ulaan Ovoo coal site.

This follows the release of a pre-feasibility study at Ulaan Ovoo indicating there are some 208 million tones...

Kyrgyzstan becomes part owner of Centerra’s Boroo gold mine


DWM Petroleum AG signs oil exploration agreement in Mongolia

Oil in MongoliaManas Petroleum Corporation (OTC: MNAP) announced on Tuesday that...

Copper imports rise in China

Mongolian copper producers were pleased with news that imports are up to China.

Reports out of Shanghai on Wednesday indicated copper concentrate imports in March had risen 11 percent to 461,620 metric tons. The figures were released by...

China Shenhua Energy in talks to purchase Mongolian Tavan Tolgoi

Media reports Tuesday claim China Shenhua Energy Co Ltd. is in talks to purchase the Tavan Tolgoi mine in Mongolia . Tavan Tolgoi is one of the largest coal mines in Asia.

A China Shenhua Energy official was quoted as saying that there...

CNNC International acquires Western Prospector for $25 mln

Western Prospector

Western Prospector, owner of the Saddle...

Western Prospector site licenses suspended by Atomic Energy Age

Mining Mongolia

Western Prospector Group Ltd. (TSX:WNP) reports that it...

Coke plant to be built in Mongolia's Gobi region


A Mongolian and a German company will join forces to build a...

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