Coal miners lift output as demand rises

COAL miners in Mongolia are increasing output to satisfy growing demand from its neighbour China; however, transport issues in southern Mongolia and at the border crossings have hindered growth.

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SouthGobi in agreement for logistics park

SOUTHGOBI Resources has entered into an investment agreement with Beijing De Rong Tai Investment Co Ltd (BDRT) in connection with development of the Ceke Port Eco-friendly Bonded Logistics Park project. Proceeds from BDRT’s equity investment will be used to construct the park, which will be at Ceke inland port on the Mongolia-China border.

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Centerra to resume Gatsuurt negotiations

CENTERRA Gold expects to restart negotiations with the Mongolian Government regarding the Gatssurt Gold Project after receiving results of a feasibility study. The study incorporates results from the technical and economic studies initiated in 2016, further optimisation studies completed in 2017, updated capital and operating costs and the current Mongolian tax and royalty regime.

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Country’s second wind farm completed

FOUR years after opening Mongolia’s first wind farm, Salkhit, Newcom has opened the country’s second wind farm, Tsetsii. Completion of the project is testament to the co-operation of Newcom and SB Energy, a subsidiary of Japanese conglomerate Softbank Group Corp.

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