Eurasia Capital in Press

ELLEN SHENG

ULAN BATOR, Mongolia—Mongolian Prime Minister Batbold Sukhbaatar said he wants to keep full ownership of a key coal asset in government hands, potentially restricting access to a source that had drawn strong interest from Western mining companies. Read more

Wire: BLOOMBERG News (BN) Date: Feb 5 2010  12:13:55

 By Bloomberg News
     Feb. 5 (Bloomberg) -- Mongolia, where mines and quarries account for about 60 percent of industrial output, plans to  start talks to select a contractor to develop the Tavan Tolgoi coal project, a minister said. 
“Our preferred option is now to negotiate a contract agreement to develop the project,” Minister of Mineral Resources and Energy Dashdorj Zorigt said by phone today. “We have been given a directive by the prime minister.” He didn’t elaborate on what a contract agreement would entail.  Read more

Wire: BLOOMBERG News (BN) Date: Jan 29 2010  13:40:35

By John Duce
Jan. 29 (Bloomberg) -- SouthGobi Energy Resources Ltd., the Canada-listed mining company backed by China’s sovereign wealth fund, fell 11 percent in its Hong Kong trading debut, mirroring the slump in the world’s largest aluminum producer two days ago. 
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Wire: BLOOMBERG News (BN) Date: Jan 14 2010  16:33:31
By John Duce

Jan. 14 (Bloomberg) -- China Investment Corp., the nation’s sovereign wealth fund, and Temasek Holdings Pte will buy shares in SouthGobi Energy Resources Ltd.’s initial public offering in Hong Kong.
CIC and the Singapore government-owned investment company will each invest $50 million in the share sale, Chief Executive Officer Alexander Molyneux said on a video link from London at a press briefing in the territory today. Read more

Wire: BLOOMBERG News (BN) Date: Jan 11 2010  7:57:14

By John Duce and Bei Hu
Jan. 11 (Bloomberg) -- SouthGobi Energy Resources Ltd., the Canada-based coal producer operating in the southern deserts of Mongolia, may raise as much as C$459 million ($446.6 million) in a Hong Kong share sale, said three people familiar with its plan.
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Wire: BLOOMBERG News (BN) Date: Dec 21 2009  9:35:16
By John Duce

     Dec. 21 (Bloomberg) -- SouthGobi Energy Resources Ltd., a Canada-based coal producer operating in the southern deserts of Mongolia, plans to spend as much as $800 million in the next three years to increase output and supply customers in China. 
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Wire: BLOOMBERG News (BN) Date: Nov 19 2009  5:00:01
By Stephen Bierman and Anna Shiryaevskaya

     Nov. 19 (Bloomberg) -- Azerbaijan, Europe’s closest energy ally in the Caspian basin, is threatening to sell its gas to Asian markets, pressuring the European Union to complete pipeline accords to boost its own deliveries from the region.     
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