Search results for "mongolia"



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PRECIOUS-Gold perched near 3-mth high ahead of US jobs, eyes best week in 4

MANILA, Feb 5- Gold, trading near its highest since October on Friday, is on track to score its strongest weekly gain in a month as the U.S. dollar is pressured by growing doubts that the Federal Reserve can stick to its interest rate hike campaign. *Spot gold was flat at $1,154.20 an ounce by 0019 GMT, after peaking at $1,157.20 on Thursday, its highest since Oct. 29.
Source: Reuters
UPDATE 2-Canada's Centerra given go-ahead to mine Mongolian gold deposit

ULAN BATOR, Feb 4- Canada's Centerra Gold Inc has received the go-ahead from lawmakers in Mongolia to mine the Gatsuurt deposit after a five-year delay, as that resource-rich country looks to bolster its economic activity and gold reserves. Mongolia's once-booming economy has taken a steep slide, with the Asian Development Bank estimating 2015 growth at less...
Source: Reuters | By: Terrence Edwards
Sanctions scars and oil slump point to low Iran credit rating

*Economists expect Iran to borrow internationally this year. LONDON, Jan 28- Low oil prices and the economic and geopolitical scars of years of international sanctions all point to a high risk' junk' credit rating for Iran when it starts feeling its way back into borrowing markets. "We had Iran at B2 but a lot has changed since then, including our methodology, said...
Source: Reuters | By: Marc Jones
COLUMN-Australia the relative winner among Asian coal exporting losers: Russell

LAUNCESTON, Australia, Jan 28-- It's probably cold comfort to coal miners in Australia and South Africa, but their Indonesian counterparts are bearing the brunt of the supply cuts needed to balance the market. This is shown rather starkly by data from China and India, the world's two largest coal importers. While the headline figure from China's 2015 coal customs...
Source: Reuters | By: Clyde Russell
EMERGING MARKETS-Oil price slide, China growth worries push stocks lower

LONDON, Jan 26- A slide in the oil price back below $30 a barrel and renewed worries about a slowing Chinese economy pushed emerging equities lower on Tuesday with Chinese, Russian and Middle Eastern assets leading the falls. Meanwhile, big year-on-year falls in Chinese rail freight volumes and coal imports from Australia, Indonesia and Mongolia added to...
Source: Reuters | By: Claire Milhench
North Korea is newest frontier for a daredevil investor

James Passin, a hedge fund manager at Firebird Management, believes the nuclear-armed country sits on as much as a billion barrels of crude. The New York Times reports.
Source: The New York Times | By: Penn Bullock