Rio Tinto has been forced to downgrade the reserves of its huge new Mongolian copper mine after making design changes costing up to $1.8 billion to prevent it collapsing.The Anglo-Australian mining …
Mongolia’s THE HU Release Acoustic Video for “Shireg Shireg” + Raise Thousands for COVID Relief
After taking the world of heavy metal by storm, Mongolia’s biggest rock band, The HU, have just dropped a beautiful new acoustic video for ‘Shireg Shireg’. Give it a spin and read more about the band, …
Mongolia ‘can handle’ its national debt, says its central bank on rate cuts
Mongolia “can handle” paying off its national debt, where the majority of which comes from direct foreign investment, says Lkhagvasuren Byadran, governor of the Bank of Mongolia, which recently cut …
Rio Tinto cuts copper hopes in fresh Mongolia mine setback
Rio Tinto has been forced to slash forecasts for the amount of copper it hopes to extract in its expansion of the giant Oyu Tolgoi mine in Mongolia.
Turquoise Hill to defer any interim funding talks on Mongolian mine with Rio Tinto
Turquoise Hill Resources Ltd said on Thursday it has decided to defer further discussions on any interim funding arrangements with Rio Tinto for its Mongolian copper project. The Mongolian state owns …
Oyu Tolgoi mine design confirms project schedule and cost ranges and update to Ore Reserves and Mineral Resources
Oyu Tolgoi LLC has completed an updated feasibility study (OTFS20) and is in the process of submitting this to the Government of Mongolia. The OTFS20 …
Join a Nomadic Chinese Artist Community on an Odyssey From Morocco to Mongolia
In 2017, the Italian photographer Luca Campri was adventuring solo across Morocco when he landed at the Taragalte music festival, a celebration of global nomadic communities and their respective music …
Black Death outbreak in Mongolia as two brothers are infected with bubonic plague after eating marmot meat
TWO brothers in Mongolia have contracted deadly bubonic plague after eating marmot meat, it’s reported. Urgent checks have been carried out on 146 people with whom they were in contact. But …
Mongolia, Government of — Moody’s – Mongolia faces liquidity risks as coronavius squeezes export revenue and limits financing options
Mongolia faces liquidity risks as coronavius squeezes export revenue and limits financing options. Moodys . Jul. 1, 2020, 09:37 AM …
Rio Tinto reaches power supply deal with Mongolia for Oyu Tolgoi mine
The Rio Tinto mining company’s logo is photographed at their annual general meeting in Sydney MELBOURNE (Reuters) – Rio Tinto said on Monday that …