Asia



India Buys IMF Gold

Gold smashed yet another nominal price record in early November, as the Reserve Bank of India emerged as the surprise buyer of 200 tonnes of gold worth US$6.7 billion from the International Monetary F…



Projects in Mongolia

Mongolia Serious About Mining

Eight bidders have been shortlisted for Mongolia’s massive Tavan Tolgoi coking coal project just weeks after Mongolians watched their government on national television sign a long-awaited investment a…


SouthGobi Energy Resources has announced plans to expand its Ovoot Tolgoi coal project (above) in Mongolia. The mine, which will produce about 1.5 million tonnes of coal this year, is expected to churn out 8 million tonnes annually starting in 2012.

SouthGobi Lays Out Expansion Plans

VANCOUVER–The Mongolian government’s long-awaited ratification of the Oyu Tolgoi investment agreement has spurred SouthGobi Energy Resources (SGQ-V, SGQRF-O) to announce a major expansion in its Mong…


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…


Centerra boosts Q3 profits

Despite trouble at both its Boroo mine in Mongolia and its Kumtor mine in Kyrgyzstan, Centerra Gold (CG-T) man…






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