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Aspire signs another MoU at Ovoot

ASX-listed coal developer Aspire Mining has signed a non-binding memorandum of understanding (MoU) with the owner of the Zavkhan power station, in Mongolia, to provide oxidised coal from the Ovoot coking coal project. The MoU covered a possible...
23rd July 2014

Pilbara expansions boost Rio’s iron-ore output, shipments hit record

Mining giant Rio Tinto’s Pilbara expansions have delivered an 11% increase in production during the three months to June, with the company producing 73.1-million tonnes of iron-ore. Iron-ore shipments were also up by 23% compared with the...
16th July 2014

After slide, fund managers see value in copper miners

Some fund managers are increasing exposure to copper mining companies, betting the industry has reached the bottom of a downturn and that shares offer value for money. Copper has lost almost a third of its value from a peak in 2011 due to a...
4th July 2014

Aspire and Noble to jointly explore Nuurstei project in Mongolia

ASX-listed Aspire Mining has teamed up with fellow Australian firm the Noble Group to jointly explore and develop coking coal opportunities in Mongolia, with an immediate focus on the Nuurstei coking coal project, in the north of the country....
13th June 2014


Tenders for work in Asia
2nd June 2014

Centerra’s Mongolian ops crippled

Canadian gold producer Centerra Gold this week reported that its Boroo mill, in Mongolia, would operate at about half its nameplate capacity for two weeks after the mill’s vacuum contractors broke. The Toronto-based firm said that it had...
21st May 2014
Company Announcement

Range of Advanced ThoroughTec CAT Simulators Growing Rapidly PDF Available

With the demand for training simulation growing in the mining industry, the need to simulate equipment from a major OEM such as CAT is becoming more and more crucial. For example, over the last year and a half global training simulator provider...
21st May 2014

Oyu Tolgoi copper/silver/gold complex, Mongolia Restricted

A group of banks has agreed to a six-month extension of a commitment to fund the underground expansion of the Oyu Tolgoi copper/gold mine, in Mongolia.
16th May 2014

Ivanhoe shares hit by funding uncertainty for DRC copper projects

Robert Friedland Africa-focused project developer Ivanhoe Mines said on Thursday that it did not have enough money to meet certain objectives at its two base metals projects in the Democratic Republic of Congo (DRC), unless it received a significant cash injection...
15th May 2014

Viking Ashanti extends Auminco takeover deadline

Junior Viking Ashanti has extended its takeover of fellow listed Auminco Mines by 14 days, after it received a 97.08% acceptance of its takeover offer. The company said on Thursday that the offer period would now be extended until June 6.
15th May 2014


Tenders for work in Asia
5th May 2014

Auminco signs MoU with power supplier

Mongolia-focused coal developer Auminco Mines has signed a nonbinding memorandum of understanding (MoU) with a Mongolian government-owned power provider for future coal supply. Auminco is currently the target of a takeover from ASX-listed Viking...
1st May 2014
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