Uncertain times for mining in Mongolia

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Published: Tuesday, 11 September 2012 09:15
Written by John Miller

THE very nature of the coalition government formed after Mongolia’s parliamentary election seems certain to result in an increase in politization, polarization, confrontation and divisiveness in the resource-rich North Asian nation. In terms of mineral resources, the coalition will be under substantial pressure to be more populist with policies and, therefore, resource nationalism will be a greater risk, investors will be a lot less willing to part with funds to support Mongolian mining projects and there will be elevated levels of volatility for the country’s resource equities.

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National resources development fund has merit

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Published: Sunday, 01 July 2012 11:09
Written by John Miller

An emerging cash crisis for Australia’s junior explorers is threatening the long-term sustainability of the country’s ‘mining boom’ as well as in other areas in which the juniors play a vital role in identifying and proving new deposits, such as Asia, Africa and South America. A national resources development fund paid for by a modest levy on established and profitable mining operations, and proposed by Minotaur Exploration’s managing director Andrew Woskett, is worthy of further investigation by Australia’s decision makers.

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Mongolia FDI decision eases uncertainty

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Published: Wednesday, 30 May 2012 03:50
Written by John Miller

The upcoming Mongolian parliamentary elections are no different to other elections in all democratic nations in that they have created a great deal of uncertainty in the preceding few months and have seen all parties contesting the election make statements aimed at gaining votes. There are similar policy statements being made in Indonesia at present before presidential elections and these are having similar impacts.

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Strong Indian demand for Indonesian coal

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Published: Wednesday, 04 April 2012 00:59
Written by John Miller

INDIA is set to overtake China as the world’s biggest importer of thermal coal this year as Indian power producers seek more fuel to meet ambitious government requests to boost electricity capacity across the sub-continent, where economic growth is matching that of its northern neighbour, China. India’s government would like to see $36 billion worth of new power plants established to meet demand but lack of domestic coal means a number of plants have been put on the back-burner.

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Sylwia Pryzbyla, Editor

Sylwia Pryzbyla
Editor, ASIA Miner and Australian Editor, E&MJ
[email protected]

Sylwia Pryzbyla has more than two decades of experience in media and publishing industries.

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