Mongolia’s Coal Sector Roars Back To Life
As many exasperated miners and investors had hoped, the early October signing of the long-delayed Oyu Tolgoi copper-gold development agreement between Ivanhoe Mines and the Mongolian government has le…
Coal
SouthGobi lays out ambitious expansion plans
Vancouver – The Mongolian government’s long-awaited ratification of the Oyu Tolgoi investment agreement has …
Mongolia gets serious about mining
Two weeks after Mongolians watched their government sign an investment agreement for the Oyu Tolgoi copper-gol…
Heavyweight Chinese coal producer to list on NYSE
For those who want to invest in China’s long-term economic growth and in particular its infrastructure develop…
Number of coal deposits found reaches critical mass says Goldsource president
Vancouver – A summer drill program at the Border coal property in Saskatchewan has helped revive the share pri…
SouthGobi Doubles Coal Sales In Mongolia
SouthGobi Energy Resources (SGQ-V, SGQRF-O) more than doubled coal sales at its Ovoot Tolgoi mine in June and has moved it to round-the-clock production, seven days a week, starting from July 1.
Sparton Resources nails $1.7 million loan for China acquisition
Toronto-based junior Sparton Resources (SRI-V) has secured a $1.7 million loan to raise its stake in a coal an…
UBS Forecasts Coal Recovery
Signs of rising power consumption in China coupled with supply constraints across the Asia Pacific region are all adding up to a tighter thermal coal market that will push up prices, UBS says.
ArcelorMittal assets under threat in Russia
The governor of Russia’s Kemerovo region warned steel giant ArcelorMittal (MT-N) that if it doesn’t increase coal p…
Mechel posts Q1 net loss of US$690.7 million
A 60% drop in coking coal production and a sagging exchange rate for the Ruble plunged Russian integrated mining an…
UBS Investment Research forecasts thermal coal recovery
Signs of rising power consumption in China coupled with supply constraints across the Asia Pacific region are all a…
Record coal sales for SouthGobi Energy Resources
SouthGobi Energy Resources (SGQ-V) more than doubled coal sales at its Ovoot Tolgoi mine last month and has moved i…