Mongolian Economy and Finance

The latest World Exploration Trends report from SNL Metals & Mining reveals that the global exploration sector continues to struggle against strong market headwinds.

Australia's richest woman Gina Rinehart has quietly shut down her Mongolian mining exploration operation.

Xanadu Mines ( ASX:XAM ) has released further strong copper gold results from its Altan Tolgoi project in Mongolia, after revealing assays from the first 550 metres of drilling last week.

Xanadu Mines (ASX: XAM) is proceeding with the acquisition of a 90% interest in the Kharmagtai advanced porphyry copper-gold exploration project in Mongolia for US$14 million from Turquoise Hill Resources.

Xanadu Mines (ASX: XAM) is proceeding with the acquisition of a 90% interest in the Kharmagtai advanced porphyry copper-gold exploration project in Mongolia for US$14 million from Turquoise Hill Resources.

Canada-based Erdene Resource Development Corporation announced that it intends to issue, by way of a non-brokered private placement, up to 4,062,500 units at a price of 0.16 USD per unit for gross proceeds of up to 650,000 USD.

Parmelia Resources (ASX: PML) has secured an option to acquire a 100% interest in the Mystique gold and nickel project held by Blackfire Minerals ( ASX: BFE ) and Entrée Gold in the Fraser Range region of Western Australia.

Parmelia Resources (ASX: PML) has hit the heights at the Darvii Naruu Copper Gold project in Govi Altai province, western Mongolia with drilling results encountering encouraging mineralisation and potential for the presence of a porphyry hosted mineral system.

12 November 2013 ASX ANNOUNCEMENT First Round of Drilling Completed at Darvii Naruu Mongolia

HALIFAX, NOVA SCOTIA--(Marketwired - Oct. 7, 2013) - Erdene Resource Development Corp. (TSX:ERD) (" Erdene " or "Company"), is pleased to announce that it has commenced an exploration program at its wholly owned Altan Nar gold-polymetallic project in southwest Mongolia to further define the near-surface mineralization identified to date and prioritize new areas for the next phase of resource drilling. The Company is also pleased to report that on October 3rd the Mongolian Parliament approved a new Investment Law that will provide much greater stability in the taxation and legal regulatory system of Mongolia .

Erdene Commences Exploration Program at Altan Nar Gold Project Mongolian Parliament Approves Favorable New Investment Law

Erdene Resource Development Corp. has started an exploration program at its wholly owned Altan Nar gold-polymetallic project in southwest Mongolia.

Sentosa Mining ( ASX:SEO ) has raised $1.14 million in an over-subscribed placement to fund maiden drilling at its Darvii Naruu copper gold project near Rio Tinto 's (ASX:RIO) Oyu Tolgoi porphyry copper mine, Mongolia.

Xanadu Mines ( ASX:XAM ) has commenced a second phase exploration program at its Oyut Ulaan copper-gold porphyry project in the South Gobi region of Mongolia.

May 1 (Proactive Investors) Sentosa Mining (ASX: SEO ) has started an airborne magnetic and radiometric over the northwestern tenements of the Darvii Naruu copper-gold project in Mongolia.

The Mongolian government is suspending mining licenses for a Canadian company exploring near the massive Oyu Tolgoi complex in the south Gobi Desert, which has caused problems with Rio Tinto PLC’s (LON:RIO) attempts to secure $6 billion in loans linked to the mine.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 1, 2013) - East Asia Minerals Corporation (TSX VENTURE: EAS ) ("East Asia Minerals" or "the Company") today announces positive results from its Phase One drilling program at the Company's Sangihe Project in Indonesia.

TORONTO, ONTARIO--(Marketwire - Jan. 10, 2013) - Denison Mines Corp. (TSX:DML)(NYSE MKT:DNN)(NYSE Amex:DNN) ("Denison" or the "Company") announces that its 2013 exploration plans are focussed on the Athabasca Basin with over 44,000 metres of drilling planned, a 25% increase over the amount drilled in 2012.

HALIFAX, NOVA SCOTIA -- (Marketwire) -- 08/22/12 -- Erdene Resource Development Corp. ("Erdene" or the "Company") (TSX:ERD) is pleased to provide an update on the 2012 project activities in Mongolia.

Nova Mining Corp. ( OTCBB: NVMN ) is pleased to announce that the Company has received a third-party estimate of the commercially recoverable lithium deposits located on the Bayankhongor mining property in excess of $12 Billion USD at current market prices.