CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.
Mogi: Dear subscribers, due to my mail server spam-blocking my newswires, I’m currently resorting to distributing them from an internet account. Thus, in replying back, please note to direct them to mogi@cpsinternational.mn. Thank you.
*Notice: All HK Orders are day only. Unfilled orders must be resent*
Wish to unsubscribe? Let me know.
Close: Mongolia Related ASX Listed Companies, January 11, 2010 | | |||||||
Code | Last | $ +/- | Bid | Offer | Open | High | Low | Volume |
1.250 | -0.040 | 1.240 | 1.270 | 1.270 | 1.320 | 1.250 | 852,249 | |
0.048 | -0.002 | 0.046 | 0.048 | 0.049 | 0.050 | 0.044 | 10,185,786 | |
0.330 | 0.000 | 0.330 | 0.370 | 0.000 | 0.000 | 0.000 | 0 | |
0.545 | -0.010 | 0.540 | 0.550 | 0.555 | 0.570 | 0.520 | 1,455,754 | |
0.125 | -0.005 | 0.125 | 0.145 | 0.125 | 0.125 | 0.125 | 70,000 | |
0.305 | 0.000 | 0.300 | 0.305 | 0.305 | 0.310 | 0.305 | 618,102 | |
0.675 | 0.005 | 0.675 | 0.690 | 0.680 | 0.690 | 0.670 | 216,693 | |
0.560 | -0.020 | 0.560 | 0.580 | 0.580 | 0.590 | 0.560 | 1,105,757 | |
31.680 | 0.280 | 31.650 | 31.680 | 31.270 | 31.710 | 31.270 | 955,371 | |
84.120 | -0.240 | 84.120 | 84.150 | 83.810 | 84.150 | 83.780 | 1,861,818 | |
44.610 | 0.160 | 44.600 | 44.610 | 44.450 | 44.620 | 44.240 | 6,331,145 | |
Source: asx.com.au
Khan Resources seeks arbitration for Mongolia license
* Seeks $200 mln in damages
* Mongolia refused to reinstate licenses in November
* Claim served on various Mongolian officials
Jan 10 (Reuters) - Canada's Khan Resources (TSE:KRI) has formally sought international arbitration against the Mongolia government for not reinstating its miner's licenses at the Dornod uranium deposit in northeastern Mongolia.
Khan has sought over $200 million in compensation for losses and damages in the arbitration which will take place under the arbitration rules of the United Nations Commission on international trade law, the company said in a statement.
The claim was served on various Mongolian officials on Monday, and comes two months after the government's decision to revoke hundreds of mining licenses across the country. [ID:nTOE6AM03X] [ID:nN12167314]
"The Nuclear Energy Agency (NEA) of Mongolia continues to falsely denounce us in Mongolia while simultaneously entering into an agreement with ARMZ of Russia for the development of the Dornod deposit, thereby excluding Khan of its rightful interests," Khan's Chief Executive Grant Edey said. Khan has been involved in a nearly year-long legal dispute with the NEA over exploration at Dornod, Mongolia's largest uranium deposit, which was licensed to its subsidiaries Khan Resources LLC and Central Asian Uranium Co LLC. Toronto-based Khan's shares have lost about a third of their value in the past year. They closed at C$0.47 on Friday on the Toronto Stock Exchange.
Sedgman expands work in Mongolia, (awarded $31M UHG contract)
January 11 (ninemsn.com) Coal mine engineering provider Sedgman Ltd has secured $US31 million ($A31.18 million) worth of new contracts that will expand its presence in Mongolia.
Sedgman said on Tuesday it had been awarded several new contracts for work with Energy Resources LLC (HKG:975)on coal operations in the South Gobi region of Mongolia.
They include a $US19 million ($A19.11 million) contract to carry out engineering work on the second stage of Energy Resources' UHG mine, which follows Sedgman's similar work on the first stage of the mine.
The company has also been awarded $US12 million ($A12.07 million) in work to ensure the operational readiness of the coal handling and processing plant at the first stage of the UGH mine and will manage the plant for three years.
Chairman Russell Kempnich said Sedgman was pleased to be expanding its operational management services beyond the Australian market.
Link to Sedgman announcement today
Long Harbour Granted Extension Under HD Property Option Agreement (reviewing precious metals and uranium in Mongolia)
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2011) - Long Harbour Capital Corp. (TSX VENTURE:LHC) reports that it has been granted a further extension of six months within which it may complete the exploration expenditure requirements in order to exercise the option to acquire the HD Property located in the Liard Mining Division, British Columbia.
As previously reported, Long Harbour is also, as part of its continuing evaluation of business opportunities in the natural resource sector, currently reviewing various precious metals and uranium properties in Mongolia.
Mongolian Prime Minister “Impressed” by Dubai, Invites Arab Investments
January 11, Dubai - (PanOrient News) Prime Minister of Mongolia Batbold Sukhbaatar said he was "impressed by the highly developed infrastructure in Dubai and United Arab Emirates," and expressed hope "to build bridges of cooperation" between both countries.
During a meeting in Dubai on Monday with Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, Sukhbaatar said Mongolia welcomes investments from UAE and Arabic countries in the livestock and natural resources sectors.
Mongolia has more than 45 million livestock and vast agricultural and mineral resources including gold and uranium, "and this is open for investments," the visiting Mongolian Premier said in the meeting.
Sheikh Mohammed bin Rashid expressed hope that the friendly relations between their countries and peoples are boosted, WAM news agency reported.
In Abu Dhabi, Prime Minister Batbold met Sheikh Ahmed Bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority and discussed cooperation opportunities in large projects of infrastructure in Mongolia.
He also met Deputy Commander of Emirates Armed Forces General Mohammed Bin Zayed Al Nahyan, and talked about developing Mongolia-Emirates relations and collaboration in wide scope of fields.
<Mogi & Friends Fund A/C>
143%
Mogi & Friends Fund is a tiny fund of A$21.8K I created in late September with a few friends to put my own (and a few friends’) money where my mouth (just mine) is.
2 down, 1 up. Down slightly today from 149% yesterday.
Mogi
Disclosures
· I personally and through my “Mogi & Friends Fund” hold 75,000 HAR shares in aggregate.
· Jason Peterson, CPS Securities Director, holds shares (approx. 6,500,000) and options (1,000,000) in HAR.
· CPS holds 500,000 options in HAR for corporate advice provided to HAR – Jason Peterson is a 33% shareholder in CPS.
· CPS and CPSI directors and employees hold shares in HAR and may buy and sell these shares as and when they see fit.
· Jason Peterson is a non-executive director of HAR but not involved in the day to day running of HAR.
· CPS has received an IPO management fee of $250,000 and a 5% fee for any funds placed to its clients under the prospectus.
· HAR has paid for Jason Peterson’s travel and accommodation expenses to and in Mongolia – this must be disclosed as a soft dollar commission.
· Please refer to the prospectus for further disclosures.
---
"Mogi" Munkhdul Badral
Executive Director
CPS International LLC
Mobile: +976-99996779
Email: mogi@cpsinternational.mn
Suite 906, Central Tower
Sukhbaatar District, Ulaanbaatar
Mongolia
CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.
No comments:
Post a Comment