Mongolian Economy and Finance

The last 60 days have been a brutal stretch for iron investors. As a result of China cutting back on iron ore production as a means of reducing pollution, the iron and steel sectors have both been walloped. Iron ore prices have collapsed about 60% since a record in May. And in less than two months, three of the world's largest ore miners, Rio Tinto, BHP and Vale have lost roughly $110 billion in market value. What can we say? It’s tough being Iron Man. But if you’ve been sniffing around the ore space waiting for the right time to get in, this could be it. China’s restrictions may provide short-term pain for investors, but the planet’s need for iron ore and steel isn’t going away. Here are four iron-related investments that might be worth pouncing on ⁠— maybe even with  your spare change . 1. Rio Tinto (RIO) Rio Tinto, despite its stock being down almost 30% since the end of July, may be the most intriguing option out there. As one of the world’s largest producers of iron ore, Rio’s...

The rally in the price of iron ore continued on Thursday with the Northern China benchmark import price advancing to a four-and-a-half month high.

The iron ore price plummeted again on Tuesday with Northern Chinese import prices including freight and insurance dropping 3.5% to $65.60 a tonne, down more than 50% this year to levels last seen May 2009.

Prices for iron ore tumbled again Wednesday for the eighth day in a row, hitting a fresh two-year low.

Benchmark iron ore fell 2% on Thursday to its lowest level since September 2012 when the steelmaking raw material spent two weeks below $100 a tonne.

Haranga Resources has secured a pre mining contract with the Mineral Resource Authority of Mongolia for its 80% owned Selenge Iron Ore Project.

A pre-mining agreement is signed by Haranga Resources with the Mineral Resource Authority of Mongolia for its 80% owned Selenge Iron Ore Project.

Haranga Resources has secured a pre mining contract with the Mineral Resource Authority of Mongolia for its 80% owned Selenge Iron Ore Project.

A pre-mining agreement is signed by Haranga Resources with the Mineral Resource Authority of Mongolia for its 80% owned Selenge Iron Ore Project.

Haranga Resources (ASX: HAR) has been awarded a pre-mining agreement with the Mineral Resource Authority of Mongolia for its 80% owned Selenge Iron Ore Project.

Haranga Resources ( ASX:HAR ) has laid claim to the largest internationally recognised iron ore resource in Mongolia, a full Full Bankable Feasibility Study is planned for the Selenge Iron Ore Project in late 2013.

Haranga Resources Limited announced the appointment of Mongolian national Mr Erdene Tsengelbayar as Managing Director of the Company following the resignation of Dr Robert Wrixon from this position.

Mongolia - coming in from the cold

ASX-listed junior Haranga Resources has reported a 675% increase in the Joint Ore Reserves Committee-compliant resource at its Selenge iron-ore project, in Mongolia.

Resources giant Rio Tinto has reported record first quarter iron ore production‚ shipment and rail volumes.

Goldman Sachs lowered its forecast for iron ore prices for 2013 from $144 to $139 in light of decreasing demand from China.

February 8 (Proactive Investors) Haranga Resources (ASX: HAR ) hasreceived final assays from drilling at its Selenge iron ore projectin Mongolia which confirm the new Undur Ukhaa discovery and extend mineralisation at the Dund Bulag Prospect.

FeOre ( ASX:FEO ) has reported a 14% increase in total mineral resource at its Ereeny iron ore project in Mongolia with the total resource at 124.2 million tonnes at 36.1% TFe.

TORONTO, ONTARIO--(Marketwire - Feb. 5, 2013) - Ferro Iron Ore Corp. (TSX VENTURE: RRO ) reports the appointment of Paul Bozoki as Chief Financial Officer, Neil Said as Corporate Secretary and the addition of George Faught, Chirvani Abdoullaev and Alastair Neill to the company's Board of Directors, effective immediately.

Haranga Resources (ASX: HAR) has received final assays from drilling at its Selenge iron ore project in Mongolia which confirm the new Undur Ukhaa discovery and extend mineralisation at the Dund Bulag Prospect.