UPDATE 1-Mongolia seeks bids to mine part of huge Tavan Tolgoi coal mine | Reuters: "May 3 (Reuters) - Mongolia's Erdenes Tavan Tolgoi has launched a tender for a one-year contract to mine the western Tsankhi block of the giant Tavan Tolgoi coal field, a top executive of the state-owned company said on Friday.
Mongolia needs to kickstart the long-delayed project as it is under pressure to boost mine production and revenue to plug a budget gap and stave off a credit downgrade amid a sharp downturn in commodity prices."
'via Blog this'
