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Mongolia to Develop Biggest Untapped Uranium Field With Russia
April 14 (Bloomberg) -- Mongolia will develop its biggest untapped uranium field in a venture with Russia after revoking Khan Resources Inc.’s permit to exploit the Dornod resource.
The Asian country’s state-owned KOO MonAtom will hold at least 51 percent in a venture with Russia’s government-run ARMZ Uranium Holding and possible partners from Japan or China, according to Mongolia’s Nuclear Energy Agency. Bayarbayasgalan Tudevbazar, nuclear materials chief at the agency, commented in an e-mailed response to questions on April 9.
SouthGobi Energy May Post ‘Robust’ Earnings Next Year
April 14 (Bloomberg) -- SouthGobi Energy Resources Ltd., the Canada-listed mining company backed by China’s sovereign wealth fund, may post “robust” earnings starting next year as production expands, its chief executive officer said.
Earnings will be “neutral” this year, Alexander Molyneux said in an interview in Beijing today, without elaborating. Performance still depends on the price of coking coal, used in steelmaking, he said.
April 14 (FT) Mongolia, a resource-rich country lacking roads or rail, has taken its first step in building the infrastructure required to be a leading commodities exporter, after it approved construction of more than 5,000km of railways.
Successful Steps in Fighting Corruption in Mongolia
April 14 (Mongolia-Web) Mongolia - The "Independent Authority Against Corruption" (IAAC) of Mongolia has published the 2009 income and asset disclosure (AID) of 243 of Mongolia's highest level officials.
CHEA President Judith Eaton Speaks at Mongolian International
Accreditation Seminar on Higher Ed.
April 15 (Los Angeles Chronicle) Judith Eaton, President of the Council for Higher Education Accreditation (CHEA) served as a keynote speaker at an "International Accreditation Seminar on Higher Education," held on April 6-7, 2010 in Ulaanbaatar, Mongolia.