Erdene Resource Development Corporation has received significant gold and silver results from the first phase of trenching at the Altan Nar Gold-Polymetallic Project in southwest Mongolia. Results from the first four of 28 trenches have exceeded company expectations. 
Modun Resources has submitted its independently prepared Mongolian feasibility study for the Nuurst Thermal Coal Project with the Mineral Resources Authority of Mongolia (MRAM).
The second phase of trenching at Erdene Resource Development Corp’s Altan Nar Gold-Polymetallic Project in southwest Mongolia has resulted in a new gold discovery and returned significant gold and silver mineralization.
Turquoise Hill Resources says that on December 12 the Board of Oyu Tolgoi LLC, the joint venture controlling company for the Oyu Tolgoi Copper-Gold-Silver Project, unanimously approved the 2014 operating budget. Turquoise Hill, which owns 66% of the project, says this is an important step in preparation for the mine's first full year of operations. The Government of Mongolia holds the other 34%.