Mongolian Economy and Finance

Xanadu Mines ( ASX:XAM ) has revealed some spectacular rock chips from the newly discovered quartz-carbonate-sulphide veins at Oyut Ulaan copper-gold project (90% XAM), which is located within the Dornogovi Province of southern Mongolia.

The new licence, Ulaan Khudag, is 15km along the mineralised trend from the huge Rio Tinto-controlled mine

Copper prices fell the most in two weeks in London, as investors’ worries over China’s deepening economic slowdown and collapsing oil prices dampened sentiment across commodities markets.

Close to 20% of Chile’s largest copper mines will be closed or reconverted by 2025, as the country faces a challenging scenario, marked by falling ore grades at its aging mines, sliding copper price and rising costs.

The price of copper has dug itself out of a hole since hitting a near four-year low of $2.93 a pound in March.

The price of copper has been swinging wildly since hitting a near four-year low in March.

A $20 billion pipeline of China-backed mining projects in Peru is set to place the country back in the second position among the world’s largest copper producers by 2016.

SHANGHAI, Aug. 28 (SMM) – Mongolia exported 108,200 tonnes of copper concentrate during July, up 124.17% year-on-year, Ulaan Baatar Post reported Aug. 27.

In pre-open New York trade on Friday September copper jumped to a high of $3.2555 a pound after data out of China showed manufacturing activity at a 27-month high.

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/10/14 -- Kincora Copper Limited (the "Company", "Kincora") (TSX VENTURE: KCC) is pleased to provide an update on exploration activities at our wholly owned Bronze Fox project and acknowledge the recent amendment to Mongolia's mineral law.

Kincora Copper ( CVE:KCC ) released what it called “very encouraging” initial exploration results from Mongolia, in new area which is now being know as Shargal Tolgoi – which means ‘Yellowish Hill’.

Demand for refined copper will overtake the current surplus by 2019, says Zimtu analyst Derek Hamill.

In New York trade on Monday September copper jumped to a high of $3.151 a pound after data out of China shows manufacturing activity at a seven-month high.

Chinese copper imports tumbled 16% in May. Year to date China is still importing refined copper at a record setting pace – up a whopping 34% over 2013 to 2.1 million tonnes.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2014) - Kincora Copper Limited (the "Company", "Kincora") (TSX VENTURE:KCC) announces that it has entered into an agreement granting exclusive rights to carry out due diligence with respect to a potential joint venture, earn-in, strategic alliance, equity investment or other transaction in respect to Kincora's wholly owned Bronze Fox project ("Exclusivity Agreement").

Toronto-listed Kincora Copper ( CVE:KCC ) announced progress at its Bronze Fox project in Mongolia - as it struck an exclusivity agreement on a possible alliance for the asset.

China ENFI Engineering Corp. (ENFI) announced that, the Feasibility Study Report on the Copper Smelting Project (with an annual output capability of 120,000 tons) of HOKO Company in Mongolia was formally completed on May 23, 2014.

Kincora Copper ( CVE:KCC ) has kicked off drilling activities at high priority copper porphyry targets at its Bronze Fox asset in Mongolia.

Reuters reported that Large Chinese copper smelters are deferring major spot market purchases of concentrates, betting on a rebound in processing fees that would make buying of the raw material in the second half more profitable.

Company Announcement to the Danish Financial Supervisory Authority No. 11-2014, 7 May 2014.