Since the opening up in the mid-1990s, uranium exploration in Mongolia by international companies has not been subject to any clear national policy or close regulation.
In the last few years, however, the Government has sought to exercise more control over the whole mining sector and earlier this year it set up MonAtom [...]
Posts Tagged ‘China’
30 Nov
Uranium hunt on for both Russia & China
21 May
More pain for the dollar as China & Australia line up FTA ?
With China having superceded Japan as Australia’s biggest trade partner last year, the proposed Chinalco investment in mining giant Rio Tinto, could soon be part of a much larger strategic effort by the two nations, that ultimately could be a threat to the US dollar. Today, The Australia China Business Council [...]
4 May
Chinese steel market warms up, Vale is perfectly placed
Companhia Vale do Rio Doce (Vale) has recently been climbing back from lows caused by the severe drop in demand for its principle feedstock, iron ore. However, there are signs that the Brazilian mining giant may be turning the corner, as the Baltic Dry Index (BDI) has begun to show some [...]
25 Apr
Miners to benefit from change to Indonesian law
Under Indonesian law, foreign mining companies operating in the country are required to sell 51% of their local holdings back to the government after 5 years of commercial operation. However, Newmont (NYSE : NEM), will only be asked to relinquish 17% of its subsidiary, PT Newmont Nusa Tenggara (PTNNT), as 20% of this [...]
