- Write by:
-
Thursday, July 11, 2019 - 3:11:43 PM
-
983 Visit
-
Print
Mining News Pro - Prophecy Development (TSX: PCY) reported that its Mongolian Ulaan Ovoo mine achieved a record monthly coal production of 37,800 tonnes in June.
According to Mining News Pro - The output record follows the restart of operations after a two-month halt that was the result of a delay in the approval of the mine’s 2019 environmental plan.
Ulaan Ovoo, located in northern Mongolia 17 kilometres from the Zeltura border to Russia, operates under a lease agreement whereby a private Mongolian company performs mining operations and pays Prophecy $2 for every tonne of coal shipped.
According to the Canadian company, the mine features an average strip ratio of 1.8 BCM waste/tonne of coal. The coal mined has yielded 5,000 kcal/kg GCV, less than 1% sulphur and low ash so it can be used for power plants, cement plants and heat boiler applications.
In an NI 43-101 prefeasibility study performed back in 2010, measured resources at Ulaan Ovoo were estimated at 174 Mt, while indicated coal resources were estimated at 34 Mt.
Short Link:
https://www.miningnews.ir/En/News/396449
China’s steel industry is young compared to Europe’s, and its transition to net zero may be slower as it takes a ...
South African coal miner Exxaro Resources is considering potential deals to acquire copper and manganese assets as part ...
A Polish coal mine near the Czech border will be able to continue operating for now, the state news agency PAP reported ...
Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney ...
Methane emissions from Indonesia’s expanding coal mining sector are significantly underreported, jeopardizing the ...
The United States and Canada announced Monday they have agreed to cooperate to reduce and mitigate the impacts of water ...
China is rapidly approaching peak coal consumption, but the fossil fuel’s role in helping to address energy security ...
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because ...
In a South African first, a project funded by one of the country’s biggest coal mining companies has begun repopulating ...
No comments have been posted yet ...