Critical alternative rare earths sources still not secured since China’s 2010 export restrictions

Following the global economic downturn of 2008/9 and a series of events and press reports in 2010 that coined what some referred to as the “rare-earths crisis”, there has been a glut of new rare earths projects starting out, yet few have...

Critical alternative rare earths sources still not secured since China’s 2010 export restrictions

Following the global economic downturn of 2008/09 and a series of events and press reports in 2010 that coined what some referred to as the “rare-earth crisis,” there has been a glut of new rare earths projects starting out, yet few have...

Oyu Tolgoi copper/silver/gold complex, Mongolia

Turquoise Hill and Rio Tinto expect to sign a project-financing plan and term sheet, which will allow for future financial flexibility to develop the second phase of the Oyu Tolgoi mine.

Turquoise Hill to ink $4bn financing for Mongolian flagship

Canadian miner Turquoise Hill and its majority owner Rio Tinto expect to sign a $4-billion project-financing plan and term sheet at the end of June, which will allow for the necessary future financial flexibility to develop the second phase of the...

Mine software provided for Mongolian mine engineering students

Mining technology developer Maptek reports that it has given fourth-year mine engineering students at the Mongolian University of Science and Technology (MUST) in Ulaanbaatar, Mongolia, access to opencut and underground mine design, pit...

Centerra Gold reports strong first quarter results

Canadian gold miner Centerra Gold this week reported strong first-quarter results as gold production surged, despite an onslaught of regulatory wrangling and physical challenges at its flagship Kumtor mine, in Kyrgyzstan. Centerra late on...

Rio Tinto expects Mongolia nod for copper exports soon

Rio Tinto could be two weeks away from gaining Mongolian approval to ship copper from its Oyu Tolgoi mine, helping offset a slide in revenue from its US copper business as it faces pressure to slash costs and sell non-core assets. A landslide at...

Carbon Energy signs UCG deal in China

ASX-listed Carbon Energy has signed a memorandum of understanding (MoU) and definitive technology services agreement to become the exclusive underground coal gasification (UCG) technology partner for a government-approved project in China. Under...

Haranga's Selenge resource increases 675%

ASX-listed junior Haranga Resources has reported a 675% increase in the Joint Ore Reserves Committee-compliant resource at its Selenge iron-ore project, in Mongolia. The project was now estimated to host some 254-million tons of iron-ore at an...

Ncondezi appoints Venter as CEO

Following formal board review, Aim-listed Ncondezi Coal has appointed its current COO Paul Venter as CEO and executive director with immediate effect. Venter, who joined Ncondezi as COO in June 2012, had more than 30 years’ experience in the...

Resource consultancy opens seventh office in Asia, fiftieth worldwide

Global resource consulting group SRK Consulting opened a new practice in Hong Kong this month, which is the company’s seventh practice in Asia and fiftieth worldwide. The company, which is part of the global SRK Group, believes the new office...

Oyu Tolgoi copper/silver/gold complex, Mongolia

An updated independent technical report on the Oyu Tolgoi project was released on March 25.