July 14, 2013

Modun Resources receives mining license approval for Nuurst coal project in Mongolia

Modun Resources receives mining license approval for Nuurst coal project in Mongolia: "Modun Resources has achieved another significant milestone on the road to production at the Nuurst thermal coal project in Mongolia, following the approval of its application for a mining licence.

Critically, Nuurst is located just 6 kilometres from existing railway infrastructure, with Modun the only international company recently selected as a preferred supplier of coal to the Mongolian Government under their Clean Air Initiative.

The Mineral Resources Authority of Mongolia granted the approval over a total area of 2497 hectares covering the planned open pit mine, plus an encompassing area for surface infrastructure.
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