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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Garrison Announces Name Change and Share Consolidation
TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - Garrison International Ltd. (TSX VENTURE:GAU) ("Garrison" or the "Company") is pleased to announce that effective today the Company's name has been changed to "Desert Eagle Resources Ltd." and the Company's common shares will trade on the TSX Venture Exchange under its new ticker symbol, "DER".
In addition, the common shares of the Company have been consolidated such that one (1) new common share has been issued for every eighteen (18) common shares outstanding on the date hereof. A letter of transmittal will be sent by mail to shareholders advising that the name change and share consolidation have taken effect and instructing shareholders to surrender the certificates evidencing their common shares for replacement certificates representing the number of common shares to which they are entitled as a result of the consolidation. Until surrendered, each certificate representing common shares prior to the consolidation will be deemed for all purposes to represent the number of common shares to which the holder thereof is entitled as a result of the consolidation.
The shareholders of the Company approved the name change and share consolidation at the annual and special meeting of the Company held on December 19, 2011. Further details regarding the name change and share consolidation are contained in the Company's Information Circular dated November 16, 2011, which has been filed on SEDAR at www.sedar.com.
TOP-20 INDEX BASKET RENEWED
January 9 (MSE) According to the “MSE securities Index calculation rule” Top-20 index basket is renewed every six months. This time following 20 Joint Stock Companies, which lead by its market capitalization and daily average trading value, have been included in the new basket based on the second half year indicator of 2011. Joint Stock Companies included in the basket beginning from January 1, 2012 are:
1. APU
2. BAGANUUR
3. SHARIIN GOL
4. TAVAN TOLGOI
5. MOGOIN GOL
6. SHIVEE OVOO
7. B D SEC
8. GOBI
9. ADUUNCHULUUN
10. KHUKH GAN
11. MON.DEV.RECOURSES
12. ULSIIN IKH DELGUUR
13. REMICON
14. TALKH CHIKHER
15. SILIKAT
16. BERKH UUL
17. BAYANGOL
18. MON TSAKH KHOLBOO
19. JENCO TOUR BURO
20. MONGOL SHILTGEEN
TEMPORARY TRADING HALT (in Khukh Gan)
January 9 (MSE) According to official clam #01 issued by the state inspector of the Financial Regulatory Commission, Mongolian stock exchange has temporarily halted the trading of shares of Khukh gan JSC (HGN:MO) starting from Jan 06 2012
STOCK EXCHANGE WEEKLY REVIEW
Ulaanbaatar, Mongolia, January 9 /MONTSAME/ Five stock trades were held at Mongolia's Stock Exchange on January 2-6. In overall, 555.9 thousand shares were sold of 68 joint-stock companies totaling MNT 424.7 million.
Index TOP-20 was 20869.40 points decreasing 818.17 units or 3.8% against the week earlier. The total market capitalization was set at MNT two trillion 95.9 billion decreasing MNT 72.7 billion or 3.4%.
Shares of "Orkhon dalai" /100.5%/, "Bayantooroi" /100.2%/, and "Tsagaan tolgoi" /73.7%/ increased, but shares of "Bayalag nalaikh" /37.5%/, "Dorvon uul" /18.8%/, and "Baganuur" /12.6%/ decreased. 44 stocks closed higher, 18 shares declined and six shares remained unchanged.
Shares of "Remikon" /169.7 thousand units/, "Genco tour bureau" /118.7 thousand units/ and "Olloo" /75.2 thousand units/ were the most actively traded in terms of trading volume and in terms of trading value--"Mogoin gol" (MNT 78.9 million), "Tavantolgoi" (MNT 72.4 million), and "Baganuur" (44.4 million).
Senior Management Change at Quam Asset Management
Hong Kong, Jan 10, 2012 - (ACN Newswire) - The Board of Directors of Quam Limited ("Quam" , Stock Code: 00952.hk) announce that the Chief Executive of Quam Asset Management, Mr. Richard Harris has stepped down from the company by mutual consent. Mr. Kenneth Lam, the Chief Executive Officer of Quam Group will take up the role of Managing Director for the asset management business.
Mr Bernard Pouliot, Chairman of Quam Limited, the parent company of Quam Asset Management said, "I would like to thank Richard for his contributions to Quam. He has upgraded both people and processes within Quam Asset Management. The establishment of the first Mongolian Fund by Quam shows what Richard and the Quam platform were able to do during his tenure".
Richard Harris said, "I am sad to leave Quam where I have many friends but I am fortunate to be able to embark on new professional challenges with my own company. I am delighted that I was able to position Quam to address professional client needs, to provide them with a large client database and to leave them with a strong and established platform".
Currency depreciation raises concerns over Mongolian economy
ULAN BATOR, Jan. 9 (Xinhua) -- The Mongolian tugrik has fallen to a 22-month low against the U.S. dollar last week, triggering concerns about the health of the country's economy.
According to the latest exchange rate published by Mongolia's central bank Monday, the tugrik was traded at 1,428.57 to the greenback last Friday, the lowest since March 8, 2010.
The steep depreciation of the currency in recent months has raised concerns over Mongolia's economy.
The depreciation of tugrik has been common in winters over the past years, especially at the turn of a year, when foreign currencies flow out of Mongolia, as foreign investors stop investing and bring their money back home.
This year's fluctuations of tugrik, however, is much more dramatic than previous years.
Mongolia's economy and foreign direct investment (FDI) are highly dependent on mining sectors. The risk of a global economic downturn has raised concerns over the plummet of prices of such commodities as copper, iron ore and coal, which are essential to Mongolia's economic growth.
The fluctuations of tugrik have also compromised the central bank's efforts to fight inflation.
D. Batjargal, director of the Institute of Finance and Economics, told local media that the appreciation of the dollar has increased the prices of imported goods, which in turn has pushed up the prices of consumer goods.
Illegal currency dealers were also responsible for the dramatic tugrik depreciation, he said.
Mongolia has fuel reserve for 30 days
January 10 (news.mn) On Monday, Mineral Resources and Petroleum Authority Chairman D.Amarsaikhan said the state has gasoline and diesel reserves for 30 days.
The state has reserves for 15 days on hand, with another 15 days’ worth of fuel on its way from Russia. D.Amarsaikhan said there will be no fuel shortages.
Fuel importers such as MT-Oil and Shunkhlai increased their gas prices by MNT 260 per liter last Friday, while Petrovis LLC and Sod Mongol LLC did not raise their prices over the weekend.
But Petrovis LLC said it would raise prices beginning at noon on Monday. It sells gas about MNT 30 per liter cheaper than other companies and diesel for the same price as others. A liter of A-80 costs MNT 1,515, AI-92 MNT 1,820, and diesel MNT 1,885.
Other stations sell a liter of A-80 for MNT 1,550, AI-92 for MNT 1,850, AI-95 for MNT 2,000, and diesel for MNT 1,885.
MPRP and MNDP to form political alliance
January 9 (news.mn) The Mongolian National Democratic Party (MNDP) held a conference on January 6, and the head of the party’s National Policy Council, Ts.Tsolmon, told our correspondent that the MNDP has decided to establish a political alliance with the Mongolian People’s Revolutionary Party (MPRP).
Officials from the two parties were scheduled to sign documents formalizing the alliance on January 9.
Ts.Tsolmon said the alliance will be established on a policy of governing in the national interests, and each party will be responsible for its own ideology.
Ts.Tsolmon added that the MNDP’s managing council and assembly were established at the conference, and delegates read reports.
Mongolia: New potential in meat
January 9 (Oxford Business Group via Business-Mongolia.com) As the agriculture sector prepares for winter, a major export deal with China and improvements in trade relations with Russia are heating up prospects for Mongolia’s meat industry.
A meat trade agreement to send 8m sheep to China in the next three years was signed between Ulaanbaatar and Beijing in late November, with Kh Zoljargal, the deputy minister of food, agriculture and light industry, inking a cooperation agreement for processed meat with Pu Chan Chen, the vice-president of the Ministry for the General Administration of Quality Supervision, Inspection and Quarantine of China.
Local media has reported that advances in Mongolia’s hygiene standards made the deal possible. Indeed, Russia announced November 22 it had lifted a quarantine on meat imports from Mongolia, with trade to resume in the new year, and Just Agro, which supplies 40% of the country’s industrially processed meat and 23% of meat exports, recently introduced global food safety standards.
Mongolian meat exports rose by 32.9% year-on-year in 2010, local media reported in November, an increase of 23,800 tonnes compared to 17,900 tonnes a year earlier. With an average sheep weighing 20 kg, the 8m sheep to be sent to China represents some 160m kg of meat. Mongolia will also export goat meat and wheat under the agreement.
With a human population of 3.3m compared to a livestock population of some 60m, Mongolia’s 112.8m ha of pastureland leaves it well placed to capitalise on meat exports and related sectors. Global meat supplies will likely tighten further in 2012, keeping prices high. Neighbouring Russia and China are among the world’s largest meat importing nations.
Unlike countries suffering meat shortages due to rising food prices, Mongolia, with 72% of its land devoted to pasture, has had issues with overproduction. The population’s per capita meat consumption is approximately 75-85 kg per year, among the world’s highest.
Agriculture constitutes about 20% of Mongolia’s GDP and employs more than 42% of the workforce. A majority of the jobs outside of the nation’s cities are connected to livestock farming and animal husbandry, such as in meat, wool, cashmere and leather production.
Between 85% and 95% of Mongolia’s annual meat production is consumed domestically, and the price of what is available for export is about $1 per kg, some three to four times lower than Australian exporters. The Mongolian Meat Association estimated its supply for export in 2010 was 111,400 tonnes, made up of 89,000 tonnes of goat meat, 10,000 tonnes of horsemeat, 10,000 tonnes of beef and 2400 tonnes of sheep meat.
A February 2011 report by the UN Industrial Development Organisation (UNIDO) found that while the global market would “easily” absorb this amount, the domestic industry was limited due to “production difficulties and food safety issues”.
The UNIDO recommends Ulaanbaatar focus on adding value to its meat products by sectioning and packaging animal carcasses into individual cuts suited to retailers’ needs. It also said the country should explore emerging markets for lamb meat, such as the Middle East. That region imported 36,522 tonnes of lamb and 39,272 tonnes of mutton in 2010-11 from Australia, making it by far Australia’s biggest sheep-meat importer.
Enhancing Mongolia’s meat industry potential is the scarcity of steroid and additive use in animal husbandry, with no hormones or chemicals in feed. However, to capitalise on this the government must obtain organic certification after it has implemented more advanced and hygienic meat production systems.
Another challenge to the sector is the country’s notoriously harsh winters, which run from November to April. Some farmers lost up to 70% of livestock in 2009 and 2010 due to dzuds (the Mongolian term for the combination of summer drought and severe winter), according to the World Bank. In 2010, disaster status was declared in 11 provinces during winter.
The World Bank recommends building emergency facilities equipped with provisions to prevent herders’ livelihoods and pivotal national resources being endangered. It also suggests the government work with within the bank-financed Sustainable Livelihoods Programme to provide support, under its pasture risk management and community initiatives funds.
With fears of a dzud remaining high in 2011, the Ministry of Food, Agriculture and Light Industry announced November 23 that winter and spring preparations were 90% complete. The ministry said there was a 10% increase in the livestock feed across main cities and remoter areas, with protective measures also being taken against insects and infectious diseases.
Mongolia’s export deal with China, plus the reopening of trade with Russia, will surely boost meat exports. But if the country aims to compete with Australia and take advantage of rapid growth in the region, improved standards and expanded production facilities will be in order to maximise the animal husbandry subsector.
FACTBOX-Key political risks to watch in Mongolia
ULAN BATOR Jan 9 (Reuters) - Mongolia sits on vast quantities of untapped mineral wealth, the exploitation of which is likely to turn it into one of the world's fastest growing economies over the next decade.
But political uncertainty ahead of parliamentary elections in June 2012 has worried investors, with Mongolia's shaky coalition government under pressure to renegotiate a landmark 2009 investment agreement for the Oyu Tolgoi copper deposit, which is set to begin operations later this year.
The priority for Mongolia is the development of its tiny economy, and foreign investors want to know if the government can create a stable legal environment while handling the pressures exerted by impatient citizens as well as its two giant neighbours, Russia and China.
Following is a summary of key political risks to watch:
INVESTMENT POLITICS
The government has now formally given up on its idea of renegotiating the contract for the Oyu Tolgoi copper-gold mine, after earlier saying it wanted to look again at a 2009 deal with Ivanhoe Mines, now 49 percent owned by Rio Tinto .
Foreign investors were worried that renegotiating a deal two years after it was first signed would undermine confidence, but Mongolia is under pressure to boost revenues and meet ambitious social pledges made at the last elections in 2008. Some politicians have called for the prime minister to resign over his handling of the Oyu Tolgoi contract.
The controversy over Oyu Tolgoi's ownership has spilled over into another giant mine, the Tavan Tolgoi or "Five Hills" coal deposit.
Mongolia hopes to complete an investment agreement for the project before the end of 2011 as it races to launch a much-anticipated initial public offering, and meet the promises it made to voters. Its chief financial officer said in November it would be listed in London, Hong Kong and Ulan Bator, but the date was unclear.
An initial proposal to hand development rights in the project to China's Shenhua, Peabody of the United States and a Russian-Mongolian consortium was rejected, and the government is trying to devise another deal that will include Japanese and South Korean partners.
What to watch:
-- Progress of new laws through parliament. The Democratic Party said in early January it will withdraw from the coalition government ahead of the elections, leaving several ministerial vacancies.
-- Whether the government can produce an investment agreement for Tavan Tolgoi that will satisfy foreign partners and keep the public happy, and whether it can do it in time.
-- More inward investment. In November, commodities trader Trafigura and private equity investor Origo Partners Plc , formed a joint venture to develop Mongolian coal and iron ore deposits for export.
-- Whether foreign investors will be deterred by Mongolia's less than transparent approval procedures.
THE RESOURCE "CURSE"
Mongolia's dependence on mining has alarmed environmentalists and opposition politicians, and the country is already showing classic symptoms of "Dutch disease", including soaring inflation and high interest rates.
The government is trying to put in place structures that will protect it against fluctuating commodity prices, and is keen to use the proceeds from mining to pay for infrastructure, health and education programmes and develop other sectors.
It is under pressure to spread the wealth, and has already extracted "pre-payments" from foreign firms involved in both the Tavan Tolgoi and Oyu Tolgoi projects in order to give money to the public.
What to watch:
-- How Mongolia uses the proceeds from its mining projects. It has set up education and fiscal stabilisation funds, but it has also promised direct dividends for Mongolian citizens.
-- How it deals with rapid economic change as well as inflation as foreign investment transforms the country's mainly rural economy. The International Monetary Fund warned in November that Mongolia's economic policies are creating inflationary pressures.
GETTING ON WITH THE NEIGHBOURS
Many of Mongolia's 2.7 million citizens are concerned about growing Chinese and Russian influence, and their fears were not allayed by the plan to hand the majority of Tavan Tolgoi's western block to Chinese and Russian interests.
China already dominates Mongolia's economy, buying 90 percent of the country's exports in the first half of 2011.
Mongolia's growing dependence on Russia and China for fuel, power and transportation also poses a major risk to its mining sector. Russia has been known to turn off supply taps, and China is not averse to closing crucial railway links.
Mongolia also depends on Russia's railway network to fulfil plans to deliver coal to Japan and South Korea.
What to watch:
-- Will efforts to ease dependence on China merely increase Russia's hold, and vice versa? Is the Chinese market for coal and other minerals its only option in the short term?
-- How will the government handle growing nationalist sentiment, and fears about the role of foreign firms and workers.
NEWS FROM KHOVSGOL
Ulaanbaatar, Mongolia, January 9 /MONTSAME/ In respect of the law on civil health insurance, 27 pharmacies in Khovsgol aimag received last year 150 million togrogs for the financing of preferential medicine.
23 pharmacies in the aimag's soums have received MNT 80 million, the “Em Impex”, “Maral”, “Altan orgoo” and “Uvidas” pharmacies in the center--MNT 70 million.
** ** **
Last year, the aimag's tax office placed one billiard 300 million in the state budget, and MNT 4.7 billion in the local budget, overfulfilling the target by 120 per cent.
At a duplicated number, over 1,000 enterprisers and 42 thousand citizens pay their taxes in this aimag, according to statistics.
** ** **
In accordance with a decision of the Citizens' Representative Khural, 2012 has been announced as the Year of Joint Development. The previous one was the Year of Transparent Governance with aims to improve discipline of state servants and to make the state service transparent for the public.
In frames of this Year, the aimag intends to provide at least one person from each family with job and to develop a collaboration among all families, enterprisers, local and state authorities.
** ** **
Khovsgol aimag made last year construction with the biggest ever investments of MNT 130 billion.
On occasion of the 80th anniversary of Khovsgol, the aimag carried out the great construction works in all soums, bringing a big contribution to own development.
In only construction sector, works were done with investments of over MNT 40 billion, for example, a paved-road in the aimag's center has been repaired, and a 1.6 km new road has been constructed. The roads have been illuminated and traffic lights have been installed as well.
In addition, a 163.1-meter long iron-concrete bridge over Ider river has been erected.
Table: Mongolia Related Stocks (Source: Bloomberg)
Name | Symbol | $ | Price | Change | +-% | Open | High | Low | Volume | Time | % YTD | % 12 m | |
Indices | ASX 200 | 4,105.40 | -3.10 | -0.08% | 4,118.10 | 4,129.00 | 4,088.70 | - | 9-Jan | ||||
Nikkei 225 | 8,390.35 | -98.36 | -1.16% | 8,488.98 | 8,488.98 | 8,349.33 | - | 6-Jan | |||||
Hang Seng | 18,865.72 | 272.66 | 1.47% | 18,588.36 | 18,884.26 | 18,302.84 | - | 9-Jan | |||||
MSE Top 20 | 20,617.40 | -252.00 | -1.21% | 20,617.40 | 20,617.40 | 20,617.40 | - | 9-Jan | |||||
FTSE 100 | 5,612.26 | -37.42 | -0.66% | 5,649.68 | 5,673.82 | 5,604.62 | - | 9-Jan | |||||
TSX Composite | 12,196.72 | 8.08 | 0.07% | 12,194.98 | 12,210.58 | 12,150.68 | - | 9-Jan | |||||
S&P 500 | 1,280.70 | 2.89 | 0.23% | 1,277.83 | 1,281.99 | 1,274.55 | - | 9-Jan | |||||
ASX | Aspire Mining | A$ | 0.335 | 0.005 | 1.52% | 0.33 | 0.34 | 0.325 | 268,942 | 9-Jan | -9.46% | -29.47% | |
Blina Minerals | A$ | 0.004 | 0 | 0.00% | 0.005 | 0.005 | 0.004 | 0 | 6-Jan | -20.00% | -73.33% | ||
Draig Resources | A$ | 0.435 | 0 | 0.00% | 0.44 | 0.47 | 0.435 | 222,013 | 9-Jan | -34.09% | |||
FeOre | A$ | 0.28 | 0 | 0.00% | 0.28 | 0.28 | 0.28 | 0 | 28-Dec | 0.00% | |||
General Mining | A$ | 0.048 | 0.003 | 6.67% | 0.048 | 0.048 | 0.048 | 49,000 | 9-Jan | 17.07% | -63.08% | ||
Guildford Coal | A$ | 0.745 | -0.005 | -0.67% | 0.73 | 0.745 | 0.73 | 97,191 | 9-Jan | -0.67% | -4.49% | ||
Haranga Resources | A$ | 0.29 | 0 | 0.00% | 0.29 | 0.29 | 0.29 | 15,000 | 9-Jan | 1.75% | -56.72% | ||
Hunnu Coal | A$ | 0 | |||||||||||
Modun Resources | A$ | 0.046 | 0.001 | 2.22% | 0.045 | 0.046 | 0.043 | 204,000 | 9-Jan | 2.22% | 360.00% | ||
Mongolian Res Corp | A$ | 0.125 | 0 | 0.00% | 0.125 | 0.125 | 0.125 | 0 | 30-Dec | 0.00% | -62.12% | ||
Robe Australia | A$ | 0.018 | 0 | 0.00% | 0.019 | 0.02 | 0.018 | 2,750,978 | 9-Jan | 28.57% | 135.29% | ||
Voyager Resources | A$ | 0.071 | 0 | 0.00% | 0.072 | 0.072 | 0.07 | 681,767 | 9-Jan | 4.41% | 42.99% | ||
Xanadu Mines | A$ | 0.33 | 0.01 | 3.13% | 0.325 | 0.33 | 0.325 | 50,000 | 9-Jan | -4.35% | -42.61% | ||
MSE A Board | Aduunchuluun | MNT | 6,090 | -30 | -0.49% | 6,120 | 6,120 | 6,090 | 492 | 9-Jan | 1.50% | -44.13% | |
APU | MNT | 3,950 | -50 | -1.25% | 3,901 | 3,950 | 3,900 | 1,796 | 9-Jan | -5.95% | 88.10% | ||
Atar Urguu | MNT | 38,000 | 0 | 0.00% | 6 | 1-Dec | 83.57% | ||||||
Baganuur | MNT | 11,550 | 102 | 0.89% | 11,950 | 11,950 | 11,448 | 419 | 9-Jan | -11.83% | 5.00% | ||
Mogoin Gol | MNT | 32,800 | 0 | 0.00% | 32,800 | 32,800 | 32,800 | 10 | 9-Jan | 5.81% | |||
BDSec | MNT | 3,500 | 0 | 0.00% | 3,600 | 3,600 | 3,500 | 0 | 6-Jan | 0.00% | 40.00% | ||
Bayangol Hotel | MNT | 36,000 | 0 | 0.00% | 35,100 | 36,000 | 35,100 | 0 | 6-Jan | 0.14% | 51.58% | ||
Bayanteeg | MNT | 36,000 | 0 | 0.00% | 36,000 | 36,000 | 36,000 | 0 | 30-Dec | 0.00% | |||
UB BUK | MNT | 32,500 | 0 | 0.00% | 32,500 | 32,500 | 32,500 | 0 | 30-Dec | 0.00% | 501.85% | ||
Eermel | MNT | 2,780 | 71 | 2.62% | 2,790 | 2,800 | 2,710 | 311 | 9-Jan | -0.71% | -0.71% | ||
Gobi | MNT | 5,100 | -100 | -1.92% | 5,100 | 5,100 | 5,099 | 606 | 9-Jan | -0.97% | -8.93% | ||
Gutal | MNT | 4,000 | 232 | 6.16% | 4,330 | 4,330 | 4,000 | 23 | 9-Jan | 433.33% | |||
Hi B Oil | MNT | 180 | 2 | 1.12% | 180 | 180 | 180 | 500 | 9-Jan | -5.26% | 5.88% | ||
Khukh Gan | MNT | 195 | 0 | 0.00% | 190 | 195 | 190 | 0 | 5-Jan | -2.50% | 4.28% | ||
Hermes Centre | MNT | 68 | 2 | 3.03% | 68 | 68 | 68 | 462 | 9-Jan | 21.43% | 25.93% | ||
Jenko Tour Bureau | MNT | 94 | 0 | 0.00% | 94 | 94 | 93 | 1,763 | 9-Jan | 0.00% | 0.00% | ||
Telecom Mongolia | MNT | 2,700 | -10 | -0.37% | 2,720 | 2,720 | 2,700 | 600 | 9-Jan | 0.00% | -25.00% | ||
Mongolia Dev Res | MNT | 950 | 0 | 0.00% | 951 | 951 | 950 | 1,510 | 9-Jan | -5.94% | -26.92% | ||
Moninjbar | MNT | 131 | 0 | 0.00% | 131 | 131 | 131 | 0 | 4-Jan | 0.77% | 13.91% | ||
Mongol Nekhmel | MNT | 3,500 | -390 | -10.03% | 3,500 | 3,500 | 3,500 | 20 | 9-Jan | 6.71% | 183.63% | ||
Hotel Mongolia | MNT | 800 | 0 | 0.00% | 800 | 800 | 800 | 0 | 6-Jan | -11.01% | 42.86% | ||
Darkhan Nekhii | MNT | 6,999 | -1 | -0.01% | 6,500 | 6,999 | 6,500 | 169 | 9-Jan | 12.89% | 39.98% | ||
Nak Tulsh | MNT | 180 | 0 | 0.00% | 180 | 180 | 155 | 45 | 9-Jan | 2.86% | -44.62% | ||
Olloo | MNT | 230 | -10 | -4.17% | 240 | 240 | 230 | 20,963 | 9-Jan | -3.77% | 53.33% | ||
Remikon | MNT | 175 | 0 | 0.00% | 174 | 175 | 174 | 8,502 | 9-Jan | -0.57% | 143.06% | ||
Sharyn Gol | MNT | 11,120 | -80 | -0.71% | 11,200 | 11,200 | 11,117 | 385 | 9-Jan | -2.03% | -5.20% | ||
Shivee Ovoo | MNT | 14,501 | -499 | -3.33% | 15,000 | 15,000 | 14,500 | 36 | 9-Jan | -5.22% | 16.01% | ||
Sor | MNT | 3,400 | 0 | 0.00% | 3,106 | 3,400 | 3,106 | 341 | 9-Jan | -10.99% | 294.43% | ||
Suu | MNT | 65,002 | 0 | 0.00% | 65,002 | 65,002 | 65,002 | 0 | 6-Jan | 0.00% | |||
Tav | MNT | 0 | |||||||||||
Talkh Chikher | MNT | 11,300 | 300 | 2.73% | 10,500 | 11,300 | 10,500 | 423 | 9-Jan | 7.62% | 175.61% | ||
Tavantolgoi | MNT | 10,400 | -99 | -0.94% | 10,499 | 10,500 | 10,400 | 1,448 | 9-Jan | -5.45% | 75.97% | ||
State Dept Store | MNT | 563 | 32 | 6.03% | 531 | 563 | 530 | 1,435 | 9-Jan | -2.93% | 35.66% | ||
Ulaanbaatar Hotel | MNT | 45,000 | 0 | 0.00% | 46,000 | 46,000 | 45,000 | 0 | 30-Dec | 0.00% | 63.64% | ||
Mongol Savkhi | MNT | 2,990 | -5 | -0.17% | 2,800 | 2,990 | 2,800 | 244 | 9-Jan | 15.58% | 463.09% | ||
Zoos Goyol | MNT | 850 | -50 | -5.56% | 830 | 850 | 830 | 240 | 9-Jan | -9.57% | 11.84% | ||
HKEx | Solartech Int’l | HKD | 0.171 | -0.006 | -3.39% | 0.172 | 0.173 | 0.159 | 4,775,000 | 9-Jan | -3.39% | -82.19% | |
Winsway | HKD | 2.19 | 0.01 | 0.46% | 2.15 | 2.19 | 2.06 | 4,098,000 | 9-Jan | -4.37% | -51.37% | ||
SouthGobi Resources | HKD | 47.35 | 0.7 | 1.50% | 47.3 | 47.6 | 46.9 | 82,650 | 9-Jan | 3.95% | -56.20% | ||
China Gold | HKD | 20.4 | -0.25 | -1.21% | 20.55 | 20.55 | 20 | 46,500 | 9-Jan | 12.09% | -50.72% | ||
CNNC Int’l | HKD | 2.08 | 0.03 | 1.46% | 2.03 | 2.08 | 2.03 | 688,000 | 9-Jan | 2.97% | -71.31% | ||
Real Gold Mining | HKD | 8.81 | 0 | 0.00% | 8.81 | 8.81 | 8.81 | 0 | 9-Jan | 0.00% | -32.79% | ||
Mongolia Energy | HKD | 0.66 | 0.03 | 4.76% | 0.63 | 0.66 | 0.6 | 17,559,500 | 9-Jan | -5.71% | -73.39% | ||
Zijin Mining | HKD | 2.93 | 0.03 | 1.03% | 2.9 | 2.93 | 2.78 | 47,453,457 | 9-Jan | 0.34% | -36.48% | ||
Mongolia Inv Group | HKD | 0.045 | 0 | 0.00% | 0.045 | 0.045 | 0.044 | 2,714,000 | 9-Jan | -2.17% | -68.53% | ||
North Asia Resources | HKD | 0.227 | -0.002 | -0.87% | 0.227 | 0.227 | 0.227 | 1,000 | 9-Jan | 2.25% | -74.49% | ||
China Daye Non-Fer. | HKD | 0.435 | -0.005 | -1.14% | 0.44 | 0.44 | 0.415 | 5,500,700 | 9-Jan | -5.43% | -25.00% | ||
Bestway Int’l | HKD | 0.053 | -0.002 | -3.64% | 0.053 | 0.053 | 0.053 | 65,000 | 9-Jan | -13.11% | -61.87% | ||
Asia Coal | HKD | 0.09 | -0.01 | -10.00% | 0.09 | 0.09 | 0.086 | 1,230,000 | 9-Jan | -14.29% | -63.86% | ||
Mongolian Mining | HKD | 5.9 | 0.08 | 1.37% | 5.78 | 5.99 | 5.73 | 646,340 | 9-Jan | 1.03% | -43.49% | ||
SGX | LionGold | SGD | 0.87 | -0.005 | -0.57% | 0.875 | 0.875 | 0.87 | 6,056,000 | 9-Jan | 0.00% | 16.00% | |
LSE | Central Asia Metals | GBp | 57.75 | -0.25 | -0.43% | 57.75 | 57.75 | 57.75 | 5,267 | 9-Jan | 1.54% | -36.01% | |
Petro Matad | GBp | 36.25 | 2.25 | 6.62% | 34 | 36.5 | 34 | 571,834 | 9-Jan | 46.46% | -70.88% | ||
Metal-Tech | GBp | 4.25 | 0.125 | 3.03% | 4.125 | 4.25 | 4.125 | 0 | 9-Jan | 13.33% | -73.44% | ||
Nova Resources | GBp | 3.125 | 0.25 | 8.70% | 2.875 | 3.125 | 2.875 | 100,000 | 9-Jan | 31.58% | |||
Origo Partners | GBp | 35 | 0 | 0.00% | 35 | 35 | 35 | 0 | 9-Jan | 0.00% | -15.66% | ||
North America | Aberdeen Int’l | CAD | 0.58 | -0.02 | -3.33% | 0.6 | 0.6 | 0.57 | 228,840 | 9-Jan | -10.77% | -18.45% | |
Blue Zen Mem. Parks | CAD | 0.05 | 0 | 0.00% | 0.05 | 0.05 | 0.05 | 0 | 3-Jan | 0.00% | |||
Centerra Gold | CAD | 19.02 | 0.03 | 0.16% | 19.37 | 19.37 | 18.5 | 360,969 | 9-Jan | 5.67% | 4.73% | ||
China Gold | CAD | 2.79 | -0.02 | -0.71% | 2.72 | 2.9 | 2.72 | 299,788 | 9-Jan | 8.98% | -46.45% | ||
Desert Eagle Res | CAD | 0.27 | 0 | 0.00% | 0 | 5-Jan | -85.71% | ||||||
Denison Mines | CAD | 1.4 | -0.02 | -1.41% | 1.39 | 1.43 | 1.39 | 1,502,995 | 9-Jan | 10.24% | -52.54% | ||
Denison Mines | USD | 1.37 | 0 | 0.00% | 1.36 | 1.4 | 1.35 | 441,528 | 9-Jan | 9.60% | -54.03% | ||
East Asia Minerals | CAD | 0.52 | -0.02 | -3.70% | 0.53 | 0.54 | 0.51 | 59,000 | 9-Jan | 10.64% | -92.72% | ||
Entree Gold | USD | 1.19 | -0.01 | -0.83% | 1.21 | 1.21 | 1.13 | 82,194 | 9-Jan | -0.83% | -62.70% | ||
Erdene Resource | CAD | 0.34 | -0.015 | -4.23% | 0.35 | 0.35 | 0.335 | 52,000 | 9-Jan | -9.33% | -75.54% | ||
Entree Gold | CAD | 1.17 | 0 | 0.00% | 1.23 | 1.23 | 1.16 | 238,965 | 9-Jan | -5.65% | -63.09% | ||
Fortress Minerals | CAD | 4.1 | 0 | 0.00% | 4.1 | 4.1 | 4.1 | 0 | 5-Jan | 0.00% | |||
Gulfside Minerals | CAD | 0.095 | -0.005 | -5.00% | 0.105 | 0.105 | 0.095 | 89,000 | 9-Jan | 11.76% | 5.56% | ||
Green Tech Solutions | USD | 0.0294 | -0.0005 | -1.67% | 0.0299 | 0.0299 | 0.024 | 196,861 | 9-Jan | 17.13% | |||
Ivanhoe Energy | CAD | 1.18 | -0.03 | -2.48% | 1.25 | 1.25 | 1.18 | 953,730 | 9-Jan | 5.36% | -61.69% | ||
Ivanhoe Energy | USD | 1.17 | -0.02 | -1.68% | 1.23 | 1.23 | 1.16 | 940,412 | 9-Jan | 4.46% | -62.62% | ||
Ivanhoe Mines | CAD | 18.51 | -0.53 | -2.78% | 18.95 | 19.24 | 18.33 | 975,990 | 9-Jan | 2.32% | -22.55% | ||
Ivanhoe Mines | USD | 18.02 | -0.55 | -2.96% | 18.5 | 18.75 | 17.9 | 3,228,690 | 9-Jan | 1.69% | -25.38% | ||
Kincora Copper | CAD | 0.31 | 0 | 0.00% | 0.31 | 0.31 | 0.31 | 0 | 30-Dec | 0.00% | 72.22% | ||
Khan Resources | CAD | 0.21 | -0.01 | -4.55% | 0.22 | 0.22 | 0.21 | 78,200 | 9-Jan | 5.00% | -54.84% | ||
Lucky Strike | CAD | 0.35 | 0 | 0.00% | 0.34 | 0.35 | 0.335 | 30,200 | 9-Jan | -1.41% | -73.28% | ||
Lucky Strike | USD | 0.391 | 0 | 0.00% | 0.3861 | 0.391 | 0.3861 | 0 | 5-Jan | -70.89% | |||
Meritus Minerals | CAD | 0.035 | 0 | 0.00% | 0.035 | 0.035 | 0.035 | 0 | 6-Jan | 40.00% | -80.00% | ||
Manas Petroleum | USD | 0.14 | 0 | 0.00% | 0.139 | 0.14 | 0.135 | 285,829 | 9-Jan | -5.08% | -73.68% | ||
Mongolia Growth Grp | USD | 4.015 | -0.104 | -2.52% | 4.139 | 4.139 | 3.997 | 5,300 | 9-Jan | 4.42% | |||
Blue Wolf Mongolia | USD | 9.62 | 0 | 0.00% | 9.52 | 9.62 | 9.5 | 0 | 30-Dec | 0.00% | |||
Blue Wolf Mongolia | USD | 10.05 | 0 | 0.00% | 10 | 10.0501 | 10 | 0 | 28-Dec | 0.00% | |||
Manas Petroleum | CAD | 0.13 | -0.015 | -10.34% | 0.125 | 0.13 | 0.11 | 70,000 | 9-Jan | -10.34% | |||
Prophecy Coal | CAD | 0.42 | -0.01 | -2.33% | 0.435 | 0.435 | 0.42 | 304,600 | 9-Jan | 2.44% | -54.60% | ||
Prophecy Coal | USD | 0.418 | -0.017 | -3.91% | 0.4155 | 0.426 | 0.4155 | 5,150 | 9-Jan | 0.00% | -53.96% | ||
Puget Ventures | CAD | 0.49 | 0 | 0.00% | 0 | 17-Sep | |||||||
SouthGobi Resources | CAD | 6.42 | 0.04 | 0.63% | 6.33 | 6.5 | 6.33 | 94,948 | 9-Jan | 7.00% | -52.44% | ||
Solomon Resources | CAD | 0.075 | 0 | 0.00% | 0.075 | 0.075 | 0.075 | 57,000 | 9-Jan | 7.14% | -64.29% | ||
Undur Tolgoi Minerals | CAD | 0.2 | 0 | 0.00% | 0.1 | 0.2 | 0.1 | 0 | 30-Dec | 0.00% | 3900.00% | ||
Mongolia Growth Grp | CAD | 4.1 | -0.11 | -2.61% | 4.24 | 4.24 | 4.1 | 46,400 | 9-Jan | 5.13% |
---
"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 AFSLicense 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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