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Tag: Mongolia

Posted on December 9, 2020

Finance Minister discusses COVID-19 vaccine-related issues with Russian Ambassador

Minister of Finance Ch.Khurelbaatar, as a head of the Working Group responsible for COVID-19 vaccine procurement of Mongolia, held a meeting with the Russian Ambassador to Mongolia I.K. Azizov.

( read original story …)



Posted on December 9, 2020

Rio Tinto faces threat of legal action from investor in Mongolian project

Rio Tinto Ltd said on Tuesday that it would not offer any comment in response to a threat of legal action from the largest minority shareholder in its Mongolian copper project Oyu Tolgoi.

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Posted on December 9, 2020

Hedge fund issues legal threat against Rio Tinto in Mongolia mine dispute

(NYSE:RIO) faces a new front in the escalating dispute over how to finance the $6.8B underground expansion of the Oyu Tolgoi mine in Mongolia, as U.S.

( read original story …)



Posted on December 9, 2020

Steppe Gold, cashed up and successfully ramping up flagship Mongolia mine as it looks to expand operation

Building Mongolia’s premier precious metals company; Flagship mine already generating strong cashflow; Plenty of exploration upside; What Steppe Gold does: Mining is nothing new i …

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Posted on December 9, 2020

Under the Eternal Sky, Mongolia on Edge of Mining Boom

After spending several months in the epic clamor of industrializing China, I went to Mongolia looking for open spaces and unspoiled nature, for clean air, for hiking and horseback riding, and for …

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Posted on December 7, 2020

Mongolia Grapples With Its First Real COVID Wave

After recording the first locally transmitted case in November, Mongolia’s local cases of COVID-19 have surpassed imported cases.

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Posted on December 7, 2020

Behind the feud between Turquoise Hill and Rio Tinto over copper mine in Mongolia

Disputes over delays, cost overruns and financing plans between Canadian miner’s minority shareholders and majority owner-operator Rio have spilled into the open in recent months …

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Posted on December 6, 2020

Behind the feud between Turquoise Hill and Rio Tinto over the copper mine in Mongolia

Tensions between mine operator Rio and Turquoise Hill’s management and minority shareholders have spilled into the open in recent months …

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Posted on December 6, 2020

EXPLAINER-What’s behind a feud at Rio Tinto’s copper mine in Mongolia

Canadian mining company Turquoise Hill Resources Ltd is locked in a feud with its largest shareholder, Rio Tinto Plc , over the underground expansion of its massive Oyu Tolgoi copper mine in Mongolia.

( read original story …)



Posted on December 6, 2020

COVID-19: 7 new cases recorded in Mongolia

At today’s regular press briefing of the Ministry of Health, it was reported that 7 new cases of COVID-19 were detected in Mongolia after testing 14,019 people nationwide within the past 24 hours.

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