Red Hill Energy Inc. ("Red Hill") and Prophecy Resource Corp. ("Prophecy") provide an update on recent activities underway to expedite production from Red Hill's 100% owned Ulaan Ovoo thermal coal project ("the Project") in northern Mongolia.
The preparations are being conducted by Red Hill with the full support of Prophecy, Red Hill's proposed merger partner.
Mar. 18, 2010 (China Knowledge) - Kiu Hung Energy Holdings Ltd, which was formerly known as Kiu Hung International Holdings Ltd, has announced that it intends to acquire a 19.99% stake in First Dean Holding, a coal firm based in Mongolia, for HK$1.4 billion.
KABUL, Afghanistan--Hundreds of NATO Training Mission-Afghanistan forces turned out to witness a unique lunchtime display of hand to hand combat, close - order drill and formation marching with the Mongolian Task Force One-Afghanistan in celebration of Mongolian Army Day at Camp Eggers.
The modern Mongolian Army won their first major battle against the Chinese Army in
Origo sees Mongolia as a country of significant mineral wealth with resources encompassing gold, iron ore, molybdenum, uranium, oil,
As Mongolia struggles to overcome a devastatingly harsh winter, international development organizations, including United Nations agencies and the World Bank, are urging Ulaanbaatar to take a hard look at reforming the country’s nomadic agricultural practices.
Since January, temperatures have hovered around minus 30 degrees Celsius and snow has covered 90 percent
In one of the most sparsely populated regions of the world, the hardy inhabitants are fighting for survival.
Mongolia’s three million people and forty million animals are now being tested by a brutal winter that followed a drought last summer. Tony Birtley of Al Jazeera English reports how grazing, the backbone of the country’s economy, is under threat.
Ulaanbaatar, MONTSAME Mongolia, for the first time, is to join a global initiative to highlight climate change. The lights will go out in towns and cities around the world this month as part of the global initiative. More than 1,100 cities and towns in some 100 countries from Mongolia to Madagascar, Nepal to New Zealand, will switch off their lights for an hour this Satu
ULAN BATOR, March 17 (Reuters) - Mongolia is moving gingerly to tap its huge mineral wealth, seeking to dispel fears of resource overdependence and dominance by powerful foreign miners, but its moves are not scaring off investors.
David Stanway presents a timeline of key investment decisions by Mongolia.
