OYU Tolgoi recently signed a Power Sector Cooperation Agreement (PSCA) with the Government of Mongolia for investigation into establishment of a Tavan Tolgoi-based independent power producer, according to Turquoise Hill Resources. The agreement provides a pathway to strengthening the power supply network in Mongolia and providing the Oyu Tolgoi gold and copper mine with domestic power rather than power from China.

Kincora Copper has concluded drilling and other field season activities at various copper porphyry and gold targets at its wholly-owned Bronze Fox project. The company is currently waiting assay results, integrating results and analysis from previous geological and geophysical programs.

Ongoing drilling has demonstrated the exploration upside of Xanadu Mines’ Kharmagtai Copper-Gold Project in the South Gobi region. The drilling has intersected further high-grade tourmaline breccia hosted copper-gold mineralization.

Aspire Mining’s 50%-owned Ekhgoviin Chuluu Joint Venture (ECJV) with the Noble Group has intersected coal in all six exploration holes drilled to date at the Nuurstei Coking Coal Project in northern Mongolia.

Erdene Resource Development Corp reports further significant gold, silver and base metal results from a trenching program at the Altan Nar gold-polymetallic project in southwest Mongolia. The results have extended known zones of mineralization and confirmed mineralization within previously untested target areas.

Turquoise Hill Resources, Rio Tinto and the Government of Mongolia continue to work together with the aim of resolving the remaining shareholder matters and finalizing project finance to further develop the underground mine at Oyu Tolgoi.

Turquoise Hill Resources announces that the 2014 Oyu Tolgoi Underground Feasibility Study has been finalized and presented to the board of directors of Oyu Tolgoi LLC. The study includes analysis of two production cases - the 2014 Reserve Case and the 2014 Life of Mine (LOM) Case.

Mongolia will resume issuing mining exploration licences from September 24. The move comes after Mongolian parliament passed amendments to the Minerals Law on July 1, which lifted a controversial ban on the issuing and processing of new licences.

Prophecy Coal Corporation’s general development plan (GDP) for the Zeltura border port in Selenge province at the Russian border has been approved. The company’s goal is to see the Zeltura border opened and to transport its first shipment of coal through it, this year.

Aspire Mining has received a coal blending facility concept study completed by German engineers Tenova Takraf. The study was commissioned by Aspire in order to investigate the establishment of a coal blending facility at the Sainshand Industrial Park adjacent to the Trans Mongolian Railway in southern Mongolia.

Turquoise Hill Resources announces that on Friday, September 5, Oyu Tolgoi experienced a failure of the rake arms in one of the mine’s two tailings thickeners. An investigation is under way to determine the root cause of the failure and repairs have commenced.

Viking Mines says that Auminco Mines has engaged a Mongolian consultancy group to commence environmental baseline studies on the Berkh Uul Coal Project. The baseline study is a significant and required component of the application process for a mining licence for Berkh Uul.

Viking Mines has issued a letter of intent to drilling contractor Ellehcor LLC in relation to the provision of drilling services for the Berkh Uul Coal Project in northern Mongolia. Ellehcor, a well-established drilling contractor with extensive experience in coal, is based in Ulaanbaatar.

Aspire Mining is encouraged by the developments inspired by the recent visit to Mongolia by Chinese President Xi Jinping. The visit two weeks ago saw an upgrading of bilateral ties between China and Mongolia to a comprehensive strategic partnership.

Erdene Resource Development Corp is about to start a trenching program at the Altan Nar Gold-Base Metals Project in southwest Mongolia in a bid to better assess potential of new targets and increase confidence in areas planned for resource definition drilling. A trenching program is under way at the Khuvyn Khar Copper Project.

Prophecy Coal Corp has entered into binding agreements with Cosmo Coal LLC to consolidate the assets of Prophecy’s subsidiary, Chandgana Coal with the assets of Tugalgatai Mining LLC, a subsidiary of Cosmo, into Chandgana Tugalgatai Coal LLC, a newly-incorporated Mongolian company of which, Prophecy will own 51% and Cosmo will own 49%.

Drilling for Xanadu Mines has confirmed that East Altan Tolgoi is a significant new discovery at the Kharmagtai Copper-Gold Project in the South Gobi region. The drilling program has returned multiple intersections of hundreds of metres grading better than 1% copper equivalent between depths of 50 metres and 700 metres from surface.

Viking Mines announces that a major Mongolian industrial company has signed an initial non-binding Memorandum of Understanding with Auminco Mines relating to future potential coal supply from the Berkh Uul project in northeast Mongolia. Auminco, an unlisted public company, is the subject of a takeover offer by Viking and more than 97% of Auminco’s shareholder base has accepted the offer.

Turquoise Hill Resources has notified SouthGobi Resources that it has entered into a share purchase agreement to sell a 29.95% stake in the company to National United Resources Holdings Ltd (NUR), a Hong Kong-based public company listed on the main board of the Stock Exchange of Hong Kong Limited.