JOHANNESBURG (miningweekly.com) – Toronto-based Khan Resources will start international arbitration proceedings against the government of Mongolia over the cancellation of its uranium licences in that country.
The uranium developer, which also announced on Tuesday that CEO Martin Quick would retire, said it had retained Washington DC-based law firm Crowell & Moring to start arbi
Investment firm Origo Partners has stepped up its presence in Mongolia by putting money into two exploration companies based in the region.
The move follows a placing to raise £20million this month. Origo has agreed to invest up to £3.4million for a 23 per cent stake in Bumbat Consolidated, which is focused on coal, iron ore, copper and gold.
The second investment is to
Aluminum Corporation of China, or Chinalco, a large Chinese resources company, is now negotiating with Mongolia about its participation in the project of Oyu Tolgoi, a copper-gold mine of Mongolia. If a labor contract is signed successfully, about 2,600 Chinese workers are expected to work for the project, said a member of the Chinese delegation on Thursday.
The insider released
THE governments of China and Mongolia are discussing a potential labour agreement which, if finalised, will transfer 2500 Chinese to work for the copper-gold mining project Oyu Tolgoi in Mongolia, the 21st Century Business Herald reported yesterday.
A person involved in the talks, who was not named, said the earliest a decision about whether Chinalco could participate in the dev
ULAN BATOR, Jun. 12, 2010 (Xinhua News Agency) -- Mongolia had set a quota of 240 saker falcons for export this year, Minister of Environment, Nature and Tourism L. Gansuh said Friday.
Speaking on a new hunting regulation at a press conference, the minister said foreigners would be allowed to hunt 240 of the most prized birds of prey, which cost 12,000 U.S. dollars each.
International Organization for Migration (IOM), in cooperation with UN partners including UNICEF, is to launch an Emergency Displacement Assessment to investigate the situation of thousands of rural Mongolian families forced to migrate from their homes to the capital Ulaanbaatar by one of the coldest winters on record.
The extreme winter conditions, known locally as a "Dzud," resulted
An unlikely vegetarian movement is taking root in Mongolia, where livestock outnumber people 14 to 1, and annual meat consumption tops 200 pounds per person.
The first vegetarian restaurant in Mongolia, Ananda’s Cafe, opened in 2006. Today more than 20 vegetarian and vegan restaurants do
SOUTH HANGAY PROVINCE, Mongolia — They call it the zud, a prolonged period of heavy snows and paralyzing cold that adds to the challenges of living on a treeless expanse nearly the size of Alaska. But this year's zud followed a punishing summer drought that stunted the grass and left Munkhbat Lkhagvasuren's herds emaciated and his family in debt after borrowing money for fodder.
