Turquoise Hill says Rio Tinto, the company’s biggest shareholder, indicated it would vote against CEO Ulf Quellmann at the upcoming annual general meeting …
China’s Inner Mongolia Declares War on Crypto Mining
Nishant Sharma, founder and chief executive officer of BlocksBridge Consulting Ltd., an advisory firm focused on bitcoin mining, talks about the decision by China’s Inner Mongolia to ban …
Mongolian ambassador meets SBF representatives
Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Singapore T. Lkhagvadorj met with representatives led by Darius Lim, Assistant Chief Executive Officer of the Singapore …
“Improving access to finance in Mongolia” program approved
With the aim to enhance access to the economy, the Financial Regulatory Commission has developed a program “Increasing Mongolia’s access to finance.” …
Rio Tinto and Mongolia agree to replace $7bn plan for Oyu Tolgoi underground expansion
The Mongolian government and international mining company Rio Tinto have agreed to work out a new arrangement to finance the costly expansion of the …
Rio Tinto, Mongolia reach new Oyu Tolgoi expansion plan deal
Rio Tinto (ASX, LON, NYSE: RIO) and the Mongolian government are said to have reached a new agreement governing the $6.75 billion expansion of the vast Oyu Tolgoi copper-gold mine in the Gobi Desert.
Rio Tinto, Mongolia reach deal to replace Oyu Tolgoi expansion plan
News of the agreement come as the Australian Taxation Office has hit the miner with a fresh A$406.5 million ($317m) bill.
Rio and Mongolia agree to replace $7bn plan to expand copper mine
ULAANBAATAR — After weeks of escalating tensions and leadership turmoil, Mongolia and Rio Tinto have agreed to work out a new arrangement to finance the costly expansion of the vast Oyu Tolgoi …
Inner Mongolia to Shut Down Crypto Mining Industry: Report
Inner Mongolia, an autonomous region of China, is banning cryptocurrency mining, according to a Bloomberg report on Monday. The region plans to force cryptocurrency mining projects to close by April, …
China’s Inner Mongolia to end cryptocurrency mining, ban new steel, coke projects
China’s Inner Mongolia will end all cryptocurrency mining projects and stop reviewing new projects in industries which consume large amounts of energy, such as steel, coke and methanol production, as …