Newera Resources' South Gobi coal exploration license renewed by Mongolian authority - Proactiveinvestors (AU): "The Minerals Resource Authority of Mongolia has renewed the license, while Newera undertakes due diligence over the Ulaan Tolgoi project.
In March of 2013, Newera entered into a binding MOU towards completing a formal Joint Venture agreement covering an Exploration Licence for the Ulaan project in the South Gobi region of Mongolia.
The Ulaan Tolgoi project is located in the South Gobi province of Mongolia – 100 kilometres from the Chinese Border."
'via Blog this'