CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.
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Mongol Mining (00975) UHG deposit meets annual output target (, targeting 10.7Mt in 2012)
December 28 (ET Net) Mongolian Mining (00975) said its mine operating at the Ukhaa Khudag deposit located in the Tavan Tolgoi coalfield (UHG deposit) has achieved its 2011 annual production target of 7 million tonnes of run-of-mine coal.
The 2011 production was about 80% higher than last year's 3.9 million tonnes. Moreover, as last quarter's average monthly production at the UHG deposit reached about 900,000 tonnes of ROM coal, Mongolian Mining is confident that it will be able to achieve its target of around 10.7 million tonnes by 31 December 2012.
Banpu Completes 100% Acquisition of Hunnu Coal
December 28 (Mogi) Banpu has notified the market of its 100% acquisition of Hunnu Coal Limited via compulsory acquisition of the remaining shares. Banpu also notified that Hunnu will shortly be removed from the official of ASX.
HAR closed -1c to 29c
Credit Suisse Ceasing to be Substantial Holder in Haranga
December 28 (Mogi) Credit Suisse has notified the market of ceasing to be substantial holder in Haranga Resources Limited (ASX:HAR) on December 23.
China Daye: (1) SECOND SUPPLEMENTAL AGREEMENT TO THE ACQUISITION AGREEMENT IN RELATION TO VERY SUBSTANTIAL ACQUISITION AND CONNECTED TRANSACTION REVERSE TAKEOVER INVOLVING A NEW LISTING APPLICATION AND APPLICATION FOR WHITEWASH WAIVER (2) CONTINUING CONNECTED TRANSACTIONS AND (3) DESPATCH OF CIRCULAR
December 23, China Daye Non-Ferrous Metals Mining Limited (HK:661) --
SECOND SUPPLEMENTAL AGREEMENT TO THE ACQUISITION AGREEMENT
On 23 December 2011, the Company, the Parent Company, China Times and Cinda entered into the Second Supplemental Agreement, pursuant to which (i) the parties agreed to extend the Long Stop Date to 30 June 2012; and (ii) the Non-competition Undertaking given by the Parent Company to the Company was amended.
CONTINUING CONNECTED TRANSACTIONS
On 23 December 2011, the Company entered into the Sales Framework Agreement, the Services Framework Agreement, the Purchase and Production Services Framework Agreement, the Hubei Gold Purchase Framework Agreement, the Daye Transportation Purchase Framework Agreement, the Combined Ancillary Services Framework Agreement, the Tonghua Hotel Services Framework Agreement and the Land Lease Framework Agreement with the Parent Company or its associates (as the case may be), and the Daye Labour Purchase and Production Services Framework Agreement with Daye Labour.
As at the date of this announcement, the Parent Company is a substantial shareholder of the Company, the Parent Company and its associates therefore constitute connected persons of the Company within the meaning of the Listing Rules. Hence, the transactions contemplated under the Sales Framework Agreement, the Services Framework Agreement, the Purchase and Production Services Framework Agreement, the Hubei Gold Purchase Framework Agreement, the Daye Transportation Purchase Framework Agreement, the Combined Ancillary Services Framework Agreement, the Tonghua Hotel Services Framework Agreement and the Land Lease Framework Agreement constitute continuing connected transactions of the Company under the Listing Rules.
As at the date of this announcement, Daye Labour is a substantial shareholder of Daye Industry, a wholly-owned subsidiary of Daye Metal. After China Times Completion, Daye Metal and Daye Industry will become subsidiaries of the Company and Daye Labour, by virtue of being a substantial shareholder of Daye Industry, will then become a connected person of the Company. Hence, the transactions contemplated under the Daye Labour Purchase and Production Services Framework Agreement will constitute continuing connected transactions of the Company under the Listing Rules upon China Times Completion.
Based on the aggregate annual caps proposed to be adopted for the Sales Framework Agreement and the Services Framework Agreement, one or more of the Relevant Ratios for the transactions to be carried out pursuant to such agreements is expected to exceed 5%. Hence, such transactions are subject to the reporting, announcement, independent shareholders’ approval and annual review requirements as prescribed under Chapter 14A of the Listing Rules.
Based on the aggregate annual caps proposed to be adopted for the Purchase and Production Services Framework Agreement, the Hubei Gold Purchase Framework Agreement and the Daye Transportation Purchase Framework Agreement, one or more of the Relevant Ratios for the transactions to be carried out pursuant to such agreements is expected to exceed 5%. Hence, such transactions are subject to the reporting, announcement, independent shareholders’ approval and annual review requirements as prescribed under Chapter 14A of the Listing Rules.
Based on the aggregate annual caps proposed to be adopted for the Combined Ancillary Services Framework Agreement and the Tonghua Hotel Services Framework Agreement, one or more of the Relevant Ratios for the transactions to be carried out pursuant to such agreements is expected to exceed 5%. Hence, such transactions are subject to the reporting, announcement, independent shareholders’ approval and annual review requirements as prescribed under Chapter 14A of the Listing Rules
Based on the annual caps proposed to be adopted for each of the Land Lease Framework Agreement and the Daye Labour Purchase and Production Services Framework Agreement, one or more of the Relevant Ratios for the transactions to be carried out pursuant to such agreement is expected to exceed 0.1% but be less than 5%. Hence, such transactions are subject to the reporting, announcement and annual review requirements only and are exempted from the independent shareholders’ approval requirement as prescribed under Chapter 14A of the Listing Rules.
The Independent Board Committee has been established to advise the Independent Shareholders in relation to the Non-Exempt Continuing Connected Transactions and the Annual Caps. The Independent Financial Adviser has been appointed to advise the Independent Board Committee and the Independent Shareholders in this regard.
At the EGM, an ordinary resolution to approve, inter alia, the Non-Exempt Continuing Connected Transaction Agreements and the Annual Caps will be proposed. China Times, its associates, persons acting in concert with it and any person who is involved or interested in the Acquisition and/or the Whitewash Waiver will abstain from voting in relation to such ordinary resolution.
DESPATCH OF CIRCULAR
The Circular will be despatched to the shareholders of the Company on 29 December 2011.
It should be noted that the Acquisition is subject to a number of conditions which may or may not be fulfilled. In addition, the approval of the new listing application to be made by the Company and the Whitewash Waiver may or may not be granted. Shareholders of the Company and potential investors should exercise caution when they deal or contemplate dealing in the Ordinary Shares or Preference Shares and other securities of the Company.
…
Mongolian investment conference held in London
December 27 (news.mn) The second conference on investment in Mongolia was recently held in London. It was attended by representatives of Rio Tinto, Kharanga Resource LLC (sic), Trade and Development Bank, and Ulaanbaatar City Bank.
The Mongolian delegates explained the business and investment opportunities in Mongolia to representatives of foreign stock exchanges, and property, mining, transportation, railroad, and logistics organizations.
Olivier Descamps, managing director for Central Asia at the European Bank for Reconstruction and Development, noted that Mongolia’s economy is expected to be one of the world’s fastest growing economies over the next decade.
D.Enkhjargal of Mongol Bank read a paper about the measures the bank has taken to ensure economic and monetary stability, and the results of those measures. According to her, to fight inflation Mongol Bank has raised interest rates three times to 12.25 percent and has increased its reserves by 11 percent.
D.Enkhjargal noted that Mongol Bank has a foreign currency reserve of USD 2.7 billion under its policy of opening the foreign currency market to foreign and domestic investors.
She also said Mongol Bank has concluded a currency exchange agreement with the Chinese Central Bank amounting to MNT 1 trillion (5 billion yuan). The agreement will support trade between the two nations.
Foreign investors approved of Mongol Bank’s decisions to raise the equity fund of commercial banks from MNT 8 billion to MNT 16 billion, to raise payment capacity from 18 percent to 25 percent, and to raise its capital ratio from 10 percent to 14 percent. The changes have reassured domestic and foreign investors in the banking sector.
Two uranium processing facilities to be built in Dornod aimag
December 28 (news.mn) The Nuclear Energy Authority says it has big plans for Mongolia’s uranium mining industry.
The authority says two uranium processing facilities will be built in Dornod aimag, and construction preparation work is already underway. The factories will export uranium products to France and Kazakhstan.
Uranium exploration efforts began in Mongolia in 2009, and the Nuclear Energy Authority is planning to intensify exploration efforts. The work of establishing uranium mines in Dornod and Dundgobi aimags has begun.
Preliminary livestock numbers released
December 28 (news.mn) The National Statistics Committee (NSC) has released a preliminary summary of livestock numbers for 2011.
According to the NSC, total livestock in the country number 36,005,800, an increase of 3,276,300 from 2010. There are 2,093,000 horses; 2,315,100 cattle, 279,600 camels; 15,509,100 sheep; and 15,809,000 goats. The number of horses increased by 172,700; of cattle by 139,100; of camel by 10,000; of sheep by 1,028,000; and of goats by 1,925,800.
The number of livestock increased in 18 aimags and in Ulaanbaatar, while it went down in Darkhan-Uul, Orkhon, and Selenge aimags.
Khuvsgul, Arkhangai, Tuv, and Uvurkhangai aimags recorded the most livestock.
Mineral Resources Council: 112 mines registered in 2011
December 27 (news.mn) According to the Mineral Resources Council, 112 deposit mines containing 14 different minerals were discovered and registered to the council in 2011.
The council says 27 of the registered mines contain coal, 23 contain silver, seven iron ore, and four copper.
Mines containing uranium, rare metals, nonferrous metals, molybdenum, oil, and zinc have also been registered by the council. Exploitation has commenced at some of the mines.
It’s estimated that the mines have total reserves of 35,000 tons of gold, 60,000 tons of wolfram (tungsten), 30 million tons of iron ore, and 8.4 billion tons of coal.
Mineral Resources and Energy Ministry lists biggest projects of 2011
December 27 (news.mn) --
Development of Oyutolgoi project
Altogether 17,817 people work at the Oyutolgoi mining project, 11,241 (63.09 percent) of whom are Mongolians. About 2,400 domestic businesses implemented works totaling USD 887 million to supply and assist the Oyutolgoi project in 2011.
Tavantolgoi begins coal exports
State-owned Erdenes Mongol LLC began extracting coal from the Tavantolgoi deposit in August 2011. The company has extracted 800,000 tons of coal and has collected MNT 217 billion for the Human Development Fund.
Ministry reduces number of special mining licenses
Special mining licenses once covered 44.5 percent of the total territory of Mongolia. The ministry has reduced the number of licenses in recent years, so 25.2 percent of total territory was covered in 2009, 16 percent in 2010, and 15.3 percent in 2011.
New mining operations established
14 new mining operations were established in 2009, 12 in 2010 and 19 in 2011. Mining companies created 8,700 jobs in 2011, and about 50,000 people are working in the mining sector.
Coal exports increased
Coal exports totaled 2.5 million tons in 2006. Coal exports increased to 15 million tons in 2010 and are expected to be 24 million tons in 2011.
Finances of central region energy companies improved
Energy companies in the central region had deficits of MNT 30.1 billion in 2008. The Government has implemented tariff regulation in recent years, and deficits and debt ratios reached appropriate levels by the end of September 2011.
Public-private cooperation increasing
The selection of investors for the fifth power plant in Ulaanbaatar began in 2011. Construction on an 18-megawatt power plant in Ukhaakhudag soum of Umnugobi aimag began in September with private sector investment. A 60-megawatt power plant is being built in Telmen soum of Zavkhan aimag with a public-private partnership contract. And the Newcom Group is beginning to build a 50-megawatt wind energy station in the Salhit valley.
Gers get solar power
About 10,000 solar-powered generators have been distributed to countryside households under the 100,000 solar gers program. About 160,000 herder households now have solar generators. Also, all soums of Gobi-Altai aimag and 21 soums of Zavkhan aimag have been connected to energy sources, including three northern soums of Zavkhan. A total of 333 soums in all 21 aimags have been connected to reliable energy sources.
Oil exploitation increased
Oil exploitation and exports are increasing. The sector contributed MNT 29.7 billion to the state budget in 2009, MNT 57.2 billion in 2010, and MNT51.9 billion through the end of October 2011.
MNT 140 billion spent on water projects
December 27 (news.mn) The Ministry of Nature, Environment and Tourism reported on its work on Monday.
The ministry had declared 2011 a “year of water,” and it implemented 37 projects, including the Orkhon Govi, Taishir Altai, and Tuul Ulaanbaatar projects. It has also submitted a draft law on water to Parliament.
Ministry officials noted that water source protection projects have been implemented in recent years because drinking water sources have been damaged due to legitimate and illegal mining operations. They said the ministry has worked to protect 150 drinking water resources and is planning to protect 300 more in 2012.
Aimags where mining operations have affected waster supplies include Gobi-Altai aimag, which reported in 2010 that children up to nine years old were getting unhealthy water due to a water shortage. The ministry is planning to construct water treatment facilities in aimags facing water shortages.
The ministry reported that it counted 6,095 rivers, 3,126 lakes, and 8,471 springs in 2011. The census is aimed at protecting water resources in danger of drying up.
Nature, Environment and Tourism Minister L.Gansukh said the ministry has cooperated with the Ministries of Food, Agriculture and Light Industry and of Road, Transportation and Urban Development. Also, 14 NGOs and 14 state-owned and 668 private organizations cooperated to implement water projects. MNT 40 billion from the state budget and MNT 100 billion from NGOs have been spent to protect water sources and related works, added the minister.
L.Gansukh stated that the ministry is beginning to take measures to hold accountable mining companies that pollute. It’s estimated that MNT 500 billion in environmental damage has been caused by these polluters. The draft law on water would increase by five to eight times the monetary penalties imposed on polluters.
China Keeps Rare-Earth Export Quota About Same
December 28 (Bloomberg) China, the biggest supplier of rare earths, will keep 2012 export quotas “basically level” with this year, as high prices and a slowing global economy sap demand, according to the Ministry of Commerce.
The full-year quota may be about 31,130 metric tons, according to Bloomberg News calculations based on first-round quota figures given by the ministry in a statement yesterday. The quota was 30,184 tons in 2011 and 30,258 tons in 2010.
China produces at least 90 percent of the world’s rare earths, used in Boeing Co. (BA) helicopter blades and Toyota Motor Corp. hybrid cars. The slowing global economy and high prices have curtailed demand from Japan, Europe and U.S., prompting speculation the country may slash quotas for 2012. China has curbed output and exports since 2009, when quotas were set at 50,145 tons, to conserve resources and protect the environment.
“The quota has become pointless if export demand falls short of the limits,” said Wei Chishan, a Shanghai-based analyst at SMM Information & Technology Co., a data provider. “Rare-earth users are under great pressure to pass on surging costs, while the global slowdown has slashed demand.”
China, the world’s fastest growing major economy, exported only 14,750 tons of rare earths in the first 11 months of this year, or 49 percent of the full-year limit, “leaving a huge amount of export quota unutilized,” the ministry said.
“It shows supply is sufficient,” SMM’s Wei said.
Shares in Lynas Corp. (LYC), an Australian rare earths developer, dropped 0.6 percent to A$1.1575 at 8:03 a.m. Shanghai time.
Environmental Protection
The government allocated 10,546 tons of first-round export quotas to nine companies, including China Minmetals Corp. and Sinosteel Corp., that have met the government’s environment protection standards, the ministry said. Another 14,358 tons may be granted to 17 other companies, including Baotou Iron & Steel Group, China’s biggest producer, if they meet the standards by the end of July, the statement said.
The first-round quotas will account for about 80 percent of the full-year volume for 2012, the ministry said.
Rare earths are 17 chemically similar elements including neodymium, cerium and lanthanum. The export prices from China for eight rare earths found at the Mount Weld project in Western Australia surged to $193.21 a kilogram on average in the third quarter, compared with $31.35 in 2010, according to figures on Lynas Corp.’s website. The prices have since fallen 41 percent to $113.43 a kilogram on Dec. 19, the company said.
Export Limits
China has set export limits on a range of mining products including silver, minor metals and coke to conserve resources and protect the environment. Raw-material restrictions have stoked tensions between China and its trading partners including the U.S. and the European Union, which said it has unfair commerce and currency policies.
Complaints against China by the U.S., the European Union and Mexico were bolstered by a World Trade Organization ruling, which found in July that quotas, export duties and license requirements on industrial ingredients such as coke, zinc and bauxite violate global rules.
Former employees of Mongolia's anti-corruption agency complain about illegal dismissals
ULAN BATOR, Dec. 26 (Xinhua) -- Nine former employees of Mongolia's anti-corruption agency filed a complaint with the State Service Council that they were illegally dismissed, local media reported Monday.
Many former employees of the Independent Agency Against Corruption were laid off and replaced after new executive officers took control on Nov. 18, the report said.
President Tsakhia Elbegdorj in November appointed Navaansuren Ganbold as chairman of the agency and former spy Bat Khurts as vice chairman. Some executive officers were then brought over from the National Security Council to work in the agency.
Khurts, who led the executive office of the National Security Council, was detained by the United Kingdom and then extradited to Germany for the alleged kidnapping of a Mongolian national in Europe. He was released by Germany in October ahead of German Chancellor Angela Merkel's visit to Mongolia.
The complaint was filed with the State Service Council on Friday.
"Timing to resolve this issue will depend on the nature of the complaint," said Dorjdamba Zumberellkham, chairman of the State Service Council. "If it is found that these people have been dismissed illegally, the council will demand the agency to reinstate these people in their former positions," he said.
Heavy air pollution in Mongolia causes flight delays, cancellations
ULAN BATOR, Dec. 27 (Xinhua) -- Heavy air pollution in Mongolia's smog-filled capital has caused flight delays and cancellations in recent days, an Air China official said Tuesday.
During the last week, many flights were disrupted for six days except Thursday. And a total of 13 flights had been delayed or canceled this month due to air pollution, a 160-percent increase compared with the same period of last year, according to statistics provided by Air China.
With temperatures dropping sharply in December, thousands of residents living in ger districts near the airport have begun to burn large quantities of coal and firewood to get warm, and power plants are also operating at full steam to meet high demand for electricity for heating, causing a thick smog around the airport, said the official from Air China's Mongolia Bureau.
"Ulan Bator as well as the airport are located in a basin with mountains surrounded, so the smoke is blocked by the mountains and cannot dissipate. Wind also is very rare during winter time which worsens the air pollution here," the official said.
In recent years, more and more people from rural areas have rushed into the capital seeking better lives, making the city increasingly crowded.
The new residents live in ger districts in the suburbs, and due to the lack of access to central heating systems, they burn coal, firewood and garbage, which causes severe air pollution.
Air pollution kills about 1,600 people in Ulan Bator every year. A report released this month by the World Health Organization showed that the concentration of dust particles in the air was 35 times the standard recommended by the WHO.
The Ninja Gold Miners of Mongolia
December 2 (New York Times Magazine) -- They’re called ninja miners not for their stealth but for the ubiquitous green panning bowls they sling over their backs. Even in outer Mongolia, where they lawlessly pan for gold, the resemblance to the Teenage Mutant Ninja Turtles is unmistakable. For years, they have furtively worked at abandoned commercial mines and on the edges of active mining sites, sleeping in canvas tents and laboring for 12 hours a day. But the 21st-century gold rush has pushed them into national parks, encroaching on the border with Siberia. Environmentalists say the ninjas are destroying pristine rivers and grasslands with their mining methods, which involve cyanide and mercury. Even the ninjas, many of them out-of-work herders, recognize the damage, but they say there is no other way to earn a livelihood in rural Mongolia. The mining can be dangerous, difficult and cold: at the snow-covered sites where the ninja miners work, temperatures can drop below minus-50. But for the potential of $20 a day, the ninjas have little choice but to pan for gold.
TOTAL POPULATION OF MONGOLIA: 2,754,685
POPULATION DENSITY OF MONGOLIA: 4.3 PEOPLE PER SQUARE MILE
PROPORTION OF MONGOLIANS LIVING IN POVERTY: 36 PERCENT
ESTIMATED NUMBER OF NINJA MINERS: AT LEAST 100,000
Table: Mongolia Related Stocks (Source: Bloomberg)
Name | Symbol | $ | Price | Change | +-% | Open | High | Low | Volume | Time | % YTD | % 12 m | |
Indices | ASX 200 | 4,088.80 | -51.60 | -1.25% | 4,140.10 | 4,142.60 | 4,086.20 | - | 28-Dec | ||||
Nikkei 225 | 8,423.62 | -16.94 | -0.20% | 8,426.09 | 8,456.66 | 8,414.90 | - | 28-Dec | |||||
Hang Seng | 18,629.17 | 250.94 | 1.37% | 18,589.68 | 18,636.75 | 18,539.59 | - | 23-Dec | |||||
MSE Top 20 | 20,581.10 | 1,016.30 | 5.19% | 20,581.10 | 20,581.10 | 20,581.10 | - | 28-Dec | |||||
FTSE 100 | 5,512.70 | 55.73 | 1.02% | 5,456.97 | 5,516.63 | 5,456.97 | - | 23-Dec | |||||
TSX Composite | 11,926.67 | 50.19 | 0.42% | 11,900.61 | 11,949.08 | 11,884.18 | - | 23-Dec | |||||
S&P 500 | 1,265.33 | 11.33 | 0.90% | 1,254.00 | 1,265.42 | 1,254.00 | - | 23-Dec | |||||
ASX | Aspire Mining | A$ | 0.38 | -0.01 | -2.56% | 0.395 | 0.405 | 0.38 | 2,104,985 | 28-Dec | -18.75% | -19.59% | |
Blina Minerals | A$ | 0.004 | 0 | 0.00% | 0.005 | 0.005 | 0.004 | 0 | 23-Dec | -73.33% | -71.43% | ||
Draig Resources | A$ | 0.042 | 0 | 0.00% | 0.041 | 0.042 | 0.04 | 0 | 25-Nov | 50.00% | 90.91% | ||
FeOre | A$ | 0.28 | 0.005 | 1.82% | 0.28 | 0.28 | 0.28 | 2,000 | 28-Dec | ||||
General Mining | A$ | 0.041 | -0.007 | -14.58% | 0.047 | 0.047 | 0.041 | 100,000 | 28-Dec | -60.00% | -63.08% | ||
Guildford Coal | A$ | 0.705 | 0.005 | 0.71% | 0.7 | 0.705 | 0.685 | 79,655 | 28-Dec | -4.11% | -6.67% | ||
Haranga Resources | A$ | 0.29 | -0.01 | -3.33% | 0.3 | 0.3 | 0.29 | 30,000 | 28-Dec | -53.13% | -46.90% | ||
Hunnu Coal | A$ | 1.795 | 0 | 0.00% | 1.78 | 1.795 | 1.78 | 0 | 16-Nov | 34.46% | 48.35% | ||
Modun Resources | A$ | 0.039 | -0.001 | -2.50% | 0.041 | 0.042 | 0.039 | 778,000 | 28-Dec | 300.00% | 300.00% | ||
Mongolian Res Corp | A$ | 0.125 | 0 | 0.00% | 0.125 | 0.125 | 0.125 | 0 | 22-Dec | -65.28% | |||
Robe Australia | A$ | 0.014 | -0.003 | -17.65% | 0.015 | 0.016 | 0.014 | 1,616,667 | 28-Dec | 81.82% | |||
Voyager Resources | A$ | 0.068 | 0 | 0.00% | 0.068 | 0.069 | 0.067 | 849,303 | 28-Dec | 26.81% | 71.19% | ||
Xanadu Mines | A$ | 0.34 | 0.025 | 7.94% | 0.32 | 0.34 | 0.32 | 29,705 | 28-Dec | -44.25% | -45.69% | ||
MSE A Board | Aduunchuluun | MNT | 5,900 | 700 | 13.46% | 5,900 | 5,900 | 5,500 | 110 | 28-Dec | -32.50% | -26.03% | |
APU | MNT | 3,850 | 250 | 6.94% | 3,699 | 3,850 | 3,699 | 665 | 28-Dec | 110.96% | 110.96% | ||
Atar Urguu | MNT | 0 | |||||||||||
Baganuur | MNT | 13,000 | -300 | -2.26% | 13,000 | 13,000 | 13,000 | 10 | 28-Dec | 9.52% | 16.75% | ||
Mogoin Gol | MNT | 31,000 | 0 | 0.00% | 30,000 | 31,499 | 30,000 | 1,200 | 28-Dec | 137.29% | 137.29% | ||
BDSec | MNT | 3,500 | 0 | 0.00% | 3,500 | 3,500 | 3,500 | 20 | 28-Dec | 44.00% | 44.00% | ||
Bayangol Hotel | MNT | 35,950 | 950 | 2.71% | 35,900 | 35,950 | 35,900 | 12 | 28-Dec | 46.44% | 46.44% | ||
Bayanteeg | MNT | 31,625 | 4125 | 15.00% | 29,900 | 31,625 | 29,900 | 11 | 28-Dec | 271.38% | |||
UB BUK | MNT | 32,500 | 0 | 0.00% | 32,500 | 32,500 | 32,500 | 0 | 26-Dec | 626.07% | 862.10% | ||
Eermel | MNT | 2,703 | 0 | 0.00% | 2,800 | 2,800 | 2,703 | 0 | 27-Dec | -5.04% | 11.43% | ||
Gobi | MNT | 5,055 | -95 | -1.84% | 5,101 | 5,200 | 5,055 | 6,369 | 28-Dec | -8.93% | -8.93% | ||
Gutal | MNT | 2,500 | 0 | 0.00% | 2,500 | 2,500 | 2,500 | 0 | 16-Dec | ||||
Hi B Oil | MNT | 180 | 0 | 0.00% | 180 | 180 | 180 | 0 | 26-Dec | 10.00% | 16.47% | ||
Khukh Gan | MNT | 200 | 16 | 8.70% | 189 | 200 | 183 | 13,527 | 28-Dec | 1.60% | 1.60% | ||
Hermes Centre | MNT | 58 | -2 | -3.33% | 58 | 58 | 58 | 344 | 28-Dec | 7.41% | 7.41% | ||
Jenko Tour Bureau | MNT | 91 | 0 | 0.00% | 92 | 92 | 91 | 3,588 | 28-Dec | 0.00% | 4.44% | ||
Telecom Mongolia | MNT | 2,800 | 0 | 0.00% | 2,800 | 2,800 | 2,800 | 0 | 26-Dec | -20.00% | -20.00% | ||
Mongolia Dev Res | MNT | 1,050 | 0 | 0.00% | 1,050 | 1,050 | 1,050 | 0 | 27-Dec | -19.23% | -16.00% | ||
Moninjbar | MNT | 135 | 0 | 0.00% | 135 | 135 | 135 | 7,407 | 28-Dec | 17.39% | 18.42% | ||
Mongol Nekhmel | MNT | 3,280 | 0 | 0.00% | 3,280 | 3,280 | 3,280 | 0 | 26-Dec | 138.46% | |||
Hotel Mongolia | MNT | 899 | 0 | 0.00% | 899 | 899 | 899 | 0 | 27-Dec | 41.96% | |||
Darkhan Nekhii | MNT | 6,200 | 0 | 0.00% | 6,200 | 6,200 | 6,200 | 113 | 28-Dec | 26.53% | 24.00% | ||
Nak Tulsh | MNT | 175 | 0 | 0.00% | 175 | 175 | 175 | 0 | 23-Dec | -46.15% | -46.15% | ||
Olloo | MNT | 247 | -23 | -8.52% | 250 | 250 | 240 | 64,032 | 28-Dec | 62.67% | 62.67% | ||
Remikon | MNT | 179 | 4 | 2.29% | 173 | 179 | 172 | 80,503 | 28-Dec | 143.06% | 143.06% | ||
Sharyn Gol | MNT | 11,350 | 0 | 0.00% | 11,350 | 11,350 | 11,350 | 85 | 28-Dec | 8.57% | 10.68% | ||
Shivee Ovoo | MNT | 15,200 | 400 | 2.70% | 15,300 | 15,300 | 15,001 | 118 | 28-Dec | 1.38% | 1.38% | ||
Sor | MNT | 3,400 | -420 | -10.99% | 3,400 | 3,400 | 3,400 | 3 | 28-Dec | 314.00% | 288.13% | ||
Suu | MNT | 65,000 | 2999 | 4.84% | 65,000 | 65,000 | 65,000 | 10 | 28-Dec | 195.43% | 195.43% | ||
Tav | MNT | 32,500 | 0 | 0.00% | 32,500 | 32,500 | 32,500 | 0 | 14-Dec | ||||
Talkh Chikher | MNT | 10,900 | 900 | 9.00% | 10,900 | 10,900 | 10,900 | 1 | 28-Dec | 170.27% | 173.97% | ||
Tavantolgoi | MNT | 10,000 | 1000 | 11.11% | 9,000 | 10,350 | 9,000 | 11,290 | 28-Dec | 56.23% | 56.50% | ||
State Dept Store | MNT | 530 | 10 | 1.92% | 501 | 530 | 501 | 1,498 | 28-Dec | 22.09% | 26.51% | ||
Ulaanbaatar Hotel | MNT | 44,000 | 0 | 0.00% | 44,000 | 44,000 | 44,000 | 0 | 27-Dec | 67.27% | |||
Mongol Savkhi | MNT | 2,250 | -338 | -13.06% | 2,250 | 2,250 | 2,250 | 83 | 28-Dec | 309.27% | 323.12% | ||
Zoos Goyol | MNT | 855 | 35 | 4.27% | 820 | 855 | 820 | 416 | 28-Dec | 7.59% | 6.25% | ||
HKEx | Solartech Int’l | HKD | 0.188 | 0 | 0.00% | 0.19 | 0.19 | 0.183 | 3,325,000 | 23-Dec | -80.42% | -80.82% | |
Winsway | HKD | 2.35 | 0.03 | 1.29% | 2.32 | 2.36 | 2.29 | 4,890,000 | 23-Dec | -47.71% | -45.61% | ||
SouthGobi Resources | HKD | 45 | -0.25 | -0.55% | 44.9 | 45.3 | 43.5 | 83,050 | 23-Dec | -54.77% | -52.38% | ||
China Gold | HKD | 18 | -0.3 | -1.64% | 18.1 | 18.1 | 17.5 | 145,500 | 23-Dec | -57.14% | -55.11% | ||
CNNC Int’l | HKD | 2.11 | -0.01 | -0.47% | 2.11 | 2.19 | 2.11 | 318,000 | 23-Dec | -75.75% | -74.88% | ||
Real Gold Mining | HKD | 8.81 | 0 | 0.00% | 8.81 | 8.81 | 8.81 | 0 | 23-Dec | -34.28% | -33.59% | ||
Mongolia Energy | HKD | 0.74 | 0 | 0.00% | 0.74 | 0.76 | 0.73 | 6,823,500 | 23-Dec | -68.10% | -67.69% | ||
Zijin Mining | HKD | 3 | 0.02 | 0.67% | 3.03 | 3.04 | 2.98 | 21,380,250 | 23-Dec | -36.40% | -34.59% | ||
Mongolia Inv Group | HKD | 0.048 | -0.001 | -2.04% | 0.049 | 0.049 | 0.047 | 1,018,000 | 23-Dec | -67.57% | -63.08% | ||
North Asia Resources | HKD | 0.239 | -0.002 | -0.83% | 0.239 | 0.239 | 0.238 | 460,000 | 23-Dec | -73.74% | -74.02% | ||
China Daye Non-Fer. | HKD | 0.42 | 0.005 | 1.20% | 0.425 | 0.425 | 0.415 | 1,634,000 | 23-Dec | -25.00% | -26.32% | ||
Bestway Int’l | HKD | 0.062 | 0.002 | 3.33% | 0.056 | 0.062 | 0.05 | 1,610,000 | 23-Dec | -56.03% | -55.71% | ||
Asia Coal | HKD | 0.105 | 0 | 0.00% | 0.105 | 0.105 | 0.105 | 0 | 23-Dec | -58.00% | -59.62% | ||
Mongolian Mining | HKD | 5.92 | 0.08 | 1.37% | 5.86 | 5.95 | 5.75 | 832,025 | 23-Dec | -34.73% | -32.65% | ||
SGX | LionGold | SGD | 0.85 | 0 | 0.00% | 0.85 | 0.855 | 0.85 | 10,496,000 | 23-Dec | 16.44% | 25.00% | |
LSE | Central Asia Metals | GBp | 56.875 | 0 | 0.00% | 56.875 | 56.875 | 56.875 | 24,347 | 23-Dec | -36.98% | -35.37% | |
Petro Matad | GBp | 25.5 | -0.75 | -2.86% | 26.25 | 26.25 | 25.5 | 171,408 | 23-Dec | -79.10% | -76.17% | ||
Metal-Tech | GBp | 3.75 | 0 | 0.00% | 3.75 | 3.75 | 3.75 | 0 | 23-Dec | -75.81% | -73.21% | ||
Origo Partners | GBp | 35 | -0.25 | -0.71% | 35.25 | 35.25 | 35 | 32,475 | 23-Dec | -14.63% | -14.63% | ||
Tembusu | GBp | 2.375 | 0 | 0.00% | 2.375 | 2.375 | 2.375 | 0 | 23-Dec | ||||
North America | Aberdeen Int’l | CAD | 0.6 | 0 | 0.00% | 0.59 | 0.6 | 0.58 | 161,177 | 23-Dec | -25.80% | -18.97% | |
Blue Zen Mem. Parks | CAD | 0.06 | 0.01 | 20.00% | 0.06 | 0.06 | 0.06 | 4,400 | 23-Dec | ||||
Centerra Gold | CAD | 18.27 | -0.27 | -1.46% | 18.73 | 18.8 | 17.96 | 144,265 | 23-Dec | -5.94% | -6.37% | ||
China Gold | CAD | 2.28 | 0.16 | 7.55% | 2.18 | 2.39 | 2.18 | 258,459 | 23-Dec | -58.01% | -56.49% | ||
Denison Mines | CAD | 1.31 | 0.05 | 3.97% | 1.23 | 1.34 | 1.23 | 1,362,270 | 23-Dec | -61.58% | -59.44% | ||
Denison Mines | USD | 1.3 | 0.04 | 3.17% | 1.22 | 1.32 | 1.22 | 702,889 | 23-Dec | -61.99% | -59.63% | ||
East Asia Minerals | CAD | 0.53 | 0.04 | 8.16% | 0.485 | 0.59 | 0.485 | 740,056 | 23-Dec | -93.41% | -92.75% | ||
Entree Gold | USD | 1.19 | -0.02 | -1.65% | 1.22 | 1.22 | 1.17 | 37,184 | 23-Dec | -65.61% | -61.74% | ||
Erdene Resource | CAD | 0.315 | -0.005 | -1.56% | 0.32 | 0.34 | 0.31 | 226,400 | 23-Dec | -74.60% | -75.20% | ||
Entree Gold | CAD | 1.18 | -0.02 | -1.67% | 1.17 | 1.25 | 1.17 | 54,779 | 23-Dec | -65.99% | -62.30% | ||
Fortress Minerals | CAD | 3.95 | 0 | 0.00% | 3.95 | 3.95 | 3.95 | 0 | 21-Dec | -9.20% | -12.22% | ||
Garrison Int’l | CAD | 0.015 | 0 | 0.00% | 0.015 | 0.015 | 0.015 | 0 | 22-Dec | -83.33% | -78.57% | ||
Gulfside Minerals | CAD | 0.085 | 0.005 | 6.25% | 0.085 | 0.085 | 0.085 | 92,700 | 23-Dec | -10.53% | -15.00% | ||
Green Tech Solutions | USD | 0.035 | -0.008 | -18.60% | 0.043 | 0.043 | 0.0305 | 413,074 | 23-Dec | ||||
Ivanhoe Energy | CAD | 1.02 | 0.1 | 10.87% | 0.95 | 1.14 | 0.94 | 1,833,340 | 23-Dec | -62.50% | -63.83% | ||
Ivanhoe Energy | USD | 1.02 | 0.09 | 9.68% | 0.94 | 1.1199 | 0.92 | 3,184,864 | 23-Dec | -62.50% | -62.77% | ||
Ivanhoe Mines | CAD | 18.31 | -0.33 | -1.77% | 18.6 | 18.88 | 18.25 | 1,023,306 | 23-Dec | -20.39% | -20.66% | ||
Ivanhoe Mines | USD | 18 | -0.22 | -1.21% | 18.25 | 18.5 | 17.87 | 2,080,332 | 23-Dec | -21.47% | -21.87% | ||
Kincora Copper | CAD | 0.27 | 0 | 0.00% | 0.275 | 0.275 | 0.27 | 0 | 22-Dec | 0.00% | 20.00% | ||
Khan Resources | CAD | 0.2 | -0.01 | -4.76% | 0.19 | 0.215 | 0.19 | 232,552 | 23-Dec | -58.33% | -55.56% | ||
Lucky Strike | CAD | 0.41 | 0.03 | 7.89% | 0.37 | 0.41 | 0.37 | 21,200 | 23-Dec | -71.72% | -73.55% | ||
Lucky Strike | USD | 0.3677 | 0 | 0.00% | 0.3677 | 0.3677 | 0.3677 | 0 | 5-Dec | -74.08% | -76.87% | ||
Meritus Minerals | CAD | 0.02 | 0 | 0.00% | 0.025 | 0.025 | 0.02 | 21,000 | 23-Dec | -90.00% | -89.19% | ||
Manas Petroleum | USD | 0.15 | 0 | 0.00% | 0.147 | 0.158 | 0.144 | 359,819 | 23-Dec | -75.00% | -70.59% | ||
Mongolia Growth Grp | USD | 3.929 | -0.0011 | -0.03% | 3.997 | 4.03 | 3.9245 | 24,655 | 23-Dec | ||||
Blue Wolf Mongolia | USD | 9.51 | -0.11 | -1.14% | 9.6001 | 9.6001 | 9.4899 | 15,800 | 23-Dec | ||||
Blue Wolf Mongolia | USD | 10.05 | 0 | 0.00% | 10.26 | 10.26 | 10.05 | 0 | 20-Dec | ||||
Manas Petroleum | CAD | 0.17 | 0 | 0.00% | 0.17 | 0.17 | 0.17 | 0 | 19-Dec | ||||
Prophecy Coal | CAD | 0.43 | 0.02 | 4.88% | 0.4 | 0.43 | 0.4 | 596,590 | 23-Dec | -50.27% | -46.52% | ||
Prophecy Coal | USD | 0.423 | 0.023 | 5.75% | 0.4 | 0.423 | 0.396 | 23,246 | 23-Dec | -52.04% | -46.71% | ||
Puget Ventures | CAD | 0.49 | 0 | 0.00% | 0 | 17-Sep | |||||||
SouthGobi Resources | CAD | 6.37 | 0.31 | 5.12% | 6.06 | 6.49 | 6.06 | 264,112 | 23-Dec | -47.70% | -48.13% | ||
Solomon Resources | CAD | 0.07 | 0.01 | 16.67% | 0.07 | 0.07 | 0.07 | 240,000 | 23-Dec | -67.44% | -67.44% | ||
Undur Tolgoi Minerals | CAD | 0.2 | 0 | 0.00% | 0.19 | 0.2 | 0.19 | 15,000 | 23-Dec | 3900.00% | |||
Mongolia Growth Grp | CAD | 4 | 0 | 0.00% | 4.06 | 4.16 | 4 | 29,700 | 23-Dec |
---
"Mogi" Munkhdul Badral
Senior Client Manager / Executive Director
CPS International LLC
Telephone/Fax: +976-11-321326
Mobile: +976-99996779
Email: mogi@cpsinternational.mn
P Please consider the environment before printing a copy of this email.
Suite 1213 · Level 12 · 2 Sukhbaatar Square
Sukhbaatar District 8 · Ulaanbaatar 14200 · 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.
Disclosure/Disclaimer
CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.
CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.
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