One-fifth of Mongolia to be opened for digging

Mining industry executives expect new mining boom in Mongolia. It is going to start very soon. It will open about 21% of country's territory. Which is more than one-fifth, in order to explore its mining potential. Mongolia goes through financial IMF-led bailout. And it currently removed the main obstacle of $5.5 million which was affecting [...]

By | 2017-05-23T07:20:27+00:00 May 23rd, 2017|Financial, International|0 Comments

BHP Billiton Rejects Elliott’s Restructure Proposals

Elliott proposes that BHP Billiton demerge its US petroleum assets into a separate New York Stock Exchange (NYSE) listed entity.   BHP Billiton stated: " Our board and management have concluded that costs would be bigger that the positive outcomes."  Associated disadvantages of each element of Elliott's proposal would significantly outweigh the potential benefits. The [...]

By | 2017-04-12T22:42:58+00:00 April 12th, 2017|International|1 Comment