Mongolia’s Cabinet has decided to review a draft agreement on ownership of Tavan Tolgoi, a potentially huge coking coal project in the Gobi Desert that has attracted interest from some of the world’s biggest mining companies.
The decision means the Mongolian government will set up a working group to renegotiate ownership and investment rights for the [...]

BEIJING - A gas explosion trapped 35 workers underground on Tuesday at a coal mine in northwest China, Xinhua news agency said, the latest accident to hit the world’s deadliest mining industry.
The blast occurred at the Weijiadi coal mine in Baiyin city in Gansu, an underdeveloped province hosting part of the Gobi Desert, Xinhua said, [...]

Mongolia, which is seeking overseas investment to extract gold, copper and coal deposits, passed a law giving the government the right to take stakes of as much as 34 percent in projects developed by private companies.
Mongolia also can claim as much as half of mines developed around deposits initially discovered with government funds and which [...]