Slowing Chinese demand of coal to hurt Mongolia — report

Mongolia's pipeline of new coal projects and the potential development of Rio Tinto's Tavan Tolgoi coal project will see …

DECLINE OF COAL DEMAND IS ‘IRREVERSIBLE’

Demand for thermal coal is declining, a trend that appears to be “irreversible.” That is the conclusion from Goldman Sachs, which…

ANGLO AMERICAN PLANS EXIT FROM COAL

Anglo American has signaled its intent to exit from coal production as the company aims to slim down to just 16 assets focused on…

Coal Prices Bottomed: China Metals & Mining Market Insight

Key Takeaway: Coal Prices Jefferies Hong Kong Limited believes coal prices have bottomed. QHD coal prices have increased Rmb19/to…

China steel output growth doesn’t gel with coking coal

Something doesn’t quite add up with China’s rising steel production, with falling coal output and imports so far this year. China…

Aspire Mining closer to developing Ovoot with China-Mongolia ties

Aspire Mining ( ASX:AKM ) is a step closer towards developing its Ovoot Coking Coal Project in Mongolia after Chinese President X…

Newera Resources update on Ulaan Tolgoi Project

Newera Resources Limited reported on its activities for the March quarter 2014 of the Ulaan Tolgoi Project in Mongolia. Newera r…

Viking Ashanti, Auminco sign coal MoU with Mongolian Govt power authority

Viking Ashanti ( ASX: VKA ) and its 92.69% owned subsidiary Auminco Mines have clinched a future coal supply agreement with a Mo…

Auminco signs MoU with power supplier

PERTH (miningweekly.com) – Mongolia-focused coal developer Auminco Mines has signed a non-binding memorandum of understanding (M…

Asian coal miners pursuing self-defeating output gains – Russell

Clyde Russell argues Asian coal producers are currently their own worst enemies, raising output in a bid to boost revenue in orde…

China Coal Weekly: Shenhua Secures Flat Contract Coal Prices

China Shenhua Energy, the nation's biggest coal producer, said its Q2 contract coal prices are basically unchanged from Q1 20…

Mongolian Mining faces looming debt challenge

Hong Kong listed Mongolian Mining Corporation which operates two coal mines in Ukhaa Khudag and Baruun Naran, both located in the…

Let us kick start our coal policy

The 4th global coking coal summit was held in Taiyuan (Shanxi Province, China) last week. Besides coal mining enterprises, the su…

Mongolian Mining seeks debt extension amid record low coal price

Mongolian Mining Corporation is looking to extend the maturity of a note due today as expanding supplies of coking coal push pric…

Mongolian Mining Seeks Debt Extension Amid Coal Price Slump

Mongolian Mining Corp. (975) is looking to extend the maturity of a note due today as expanding supplies of coking coal push pric…

Federal govt shake out in coal industry likely to take up to 5 years

The state’s mining and resources industry is in turmoil with a Federal Government report claiming more coal mines will shut more …

SouthGobi 2013 Coal Output More Than Doubles as Mine Restarts

SouthGobi Resources Ltd. (SGQ), a coal producer in Mongolia controlled by a Rio Tinto Group unit, more than doubled output in 201…

Sharyn Gol mine to produce clean fuel briquettes for Mongolians

New efforts to improve environmental conditions in Ulaanbaatar are currently underway, with the European Bank for Reconstruction …

Sharyn Gol JSC Obtains 10 Million USD Financing from EBRD

ULAANBAATAR, Mongolia, Jan. 17, 2014 /PRNewswire/ -- Sharyn Gol JSC (MSE: SHG) one of the oldest operating coal mines in Mongolia…

Modun Resources signs MoU to sell coal briquettes to Mongolian Govt.

Modun Resources (ASX: MOU) has received a strong endorsement from the Mongolian government, signing a Memorandum of Understanding…