United Kingdom

Terrence Edwards

Swiss probe Rio Tinto over possible bribes, ex-Mongolian minister expects to be cleared

21 Mar 2018

ULAANBAATAR/ZURICH Swiss prosecutors confirmed on Wednesday they were investigating whether miner Rio Tinto paid bribes linked to the landmark Oyu Tolgoi copper-gold mine.

Rio Tinto digs deeper into Mongolia

22 Jan 2018

MELBOURNE/ULAANBAATAR Global miner Rio Tinto will set up a new office in the Mongolian capital, separate from its giant Oyu Tolgoi project, to focus on exploration and local ties, strengthening its commitment to one of the world's greatest copper prospects.

IMF says Mongolia economy is recovering, showing 'durable' growth

20 Dec 2017

ULAANBAATAR, Dec 20 Mongolia's economy is outpacing growth expectations this year despite budget cuts as the coal trade has been strong even as exports slowed in the second half, an International Monetary Fund official said.

Mongolian government loses legal dispute over copper mine nationalization

08 Dec 2017

ULAANBAATAR/LONDON Mongolia's Supreme Court has ruled against the government's attempt to nationalize a 49 percent stake in one of Asia's biggest copper mines, industry sources said on Friday.


20 Nov 2017

[ハンボグド(モンゴル) 14日 ロイター] - モンゴルのゴビ砂漠で、石炭を満載した数千台もの大型トラックが、中国国境に向かう渋滞した道路をのろのろと進んでいる。中国まで1週間かかることもある。

Border jam puts Mongolia's coal lifeline under threat

13 Nov 2017

KHANBOGD, Mongolia In Mongolia's Gobi desert, thousands of heavy-duty trucks laden with coal inch along a cluttered highway towards the Chinese border in a journey that can take more than a week.

Mongolia coal exports cool as China border issue creates a bottleneck

14 Oct 2017

ULAANBAATAR Mongolia's coal exports, which have helped lift its slow-growing economy this year, are losing steam, according to trade data.

Mongolia names biker enthusiast PM, kick-starting IMF rescue package

04 Oct 2017

ULAANBAATAR Mongolia's parliament confirmed the nomination of motorbike enthusiast Ukhnaa Khurelsukh as prime minister on Wednesday, putting the country back on track to receive funds from a $5.5 billion (£4.1 billion) IMF economic rescue package.

Mongolia's tiny stock market soars on coal trade renaissance

21 Sep 2017

ULAANBAATAR, Sept 21 A boom in the coal trade in Mongolia has helped elevate the country's benchmark stock index and pump the tiny exchange's market capitalisation to five-year highs as optimism about the economy grows following a bailout deal.

Mongolia's president urges financial, policy support to boost food exports

13 Sep 2017

ULAANBAATAR Mongolia could "multiply" food exports to its southern neighbor China but needs to offer more financial and policy support to enable its producers to compete, the country's president said in a speech.

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