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Coal export through Shiveekhuren port resumed

Mongolia has resumed coal export through Shiveekhuren border port in Gurvantes soum of Umnugobi aimag. Gashuunsukhait port, which was halted for two months due to Covid-19 prevention, was re-opened on March 23 to restore coal export. In conjunction with restoring of...

Perseus Mining applies Ebola outbreak experience

Gold production and cost guidance previously provided by Perseus for the half year and full financial year ending June 30 2020 remains valid based on production to date and internal forecasts to the end of the period. Gold production and project development activities...

TerraCom closes UK-based Universal Coal acquisition

Australian coal miner TerraCom Ltd  said today it had completed its unsolicited offer to acquire UK-based Universal Coal PLC  for A$175 million (87 million pounds). TerraCom, already the largest shareholder in Universal, said it had received 90% of acceptances related...
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