July 21, 2013

Mongolia grants 1 year contract to mine Tavan Tolgoi west coal block

Mongolia grants 1 year contract to mine Tavan Tolgoi west coal block: "Reuters reported that  Mongolia has lined up three local firms to mine the West Tsankhi block of the giant Tavan Tolgoi coal mine for a year.

Mr Delgersaikhan Tsagaan-Uvgun, head of mine planning and technical coordination of state owned Erdenes Tavan Tolgoi, said the company has finalized a one year contract for mining at the 888 million tonne West Tsankhi block to a consortium of three local companies."

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