Asia

Mongolian MPs post hostile letter about OT

In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)…


Oyu Tolgoi rumours rattle Ivanhoe

Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu Tolgoi…


China Gold boosts Jiama’s resource

China Gold International Resources (CGG-T) is working hard to impress the market with its Jiama copper mine in China, as it boosts resources and looks to undergo a major mine expansion. 


Prophecy Coal looks to satisfy Mongolia’s power needs

With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a power-purchase…



Resources jump 443% at China Gold’s Jiama

China Gold International (CGC-T) is working hard to impress the market with its Jiama copper polymetallic mine in Tibet as it boosts resources and looks to undergo a major mine expansion.


Studying a map at Woulfe Mining's Sangdong tungsten-molybdenum project in South Korea, from left: Bill Kable, vice-president technical; Arne Rahnel, manager of projects; and Wang In Jeon, safety manager. Photo by Woulfe Mining

Woulfe advances Sangdong

With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.


[Update] Woulfe advances Sangdong

With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.



Kazakhstan brings the gold for Ivanhoe

Ivanhoe Mines (IVN-T, IVN-N) could have its hands on another world class asset, this time in Kazakhstan. Altynalmas Gold – a company that Ivanhoe holds a 50% stake in – released an updated Mineral Resource estimate for a new deposit at its…


Peabody Energy among those picked to develop Tavan Tolgoi

Shares of Peabody Energy (BTU-N) jumped US$1.30, or 2.2%, to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…



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