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Mongolian Mining Corp (0975.HK)

0975.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Mongolian Mining says qtrly group's mine production rose by 284 pct
4:53am EDT 

Oct 18 (Reuters) - Mongolian Mining Corp <0975.HK>::Qtrly group's mine production rose by 284 percent versus corresponding period of 2016​.  Full Article

Mongolian Mining Corp says HY total revenue of $245.9 million
Monday, 28 Aug 2017 11:03am EDT 

Aug 28 (Reuters) - Mongolian Mining Corp <0975.HK>::Hy total revenue of the group $245.9 million versus $31.1 million.Hy profit attributable was $311.7 million versus loss of $61.7 million.  Full Article

Mongolian Mining expects to record HY profit attributable of about USD250 million and USD375 million
Thursday, 10 Aug 2017 09:28am EDT 

Aug 10 (Reuters) - Mongolian Mining Corp <0975.HK>::Expected to record consolidated profit attributable of between approximately USD250 million and USD375 million for HY.Expected result due to improved coking coal market condition resulting in higher revenue generated by group.  Full Article

Mongolian Mining says qtrly mine production increased by 428%
Tuesday, 18 Jul 2017 04:35am EDT 

July 18 (Reuters) - Mongolian Mining Corp <0975.HK>:In quarter ended 30 June 2017, group's mine production increased by 428% as compared to corresponding period of 2016.  Full Article

Mongolian Mining announces closing of co's case under Chapter 15 of U.S. Bankruptcy Code
Thursday, 8 Jun 2017 09:39pm EDT 

June 9 (Reuters) - Mongolian Mining Corp <0975.HK>::Company's case under Chapter 15 of United States Bankruptcy Code concerning debt restructuring has been closed.Is no longer subject to any bankruptcy proceedings in United States and is no longer in provisional liquidation in Cayman Islands.  Full Article

Mongolian Mining updates on fuel supply agreement
Thursday, 11 May 2017 10:17am EDT 

May 11 (Reuters) - Mongolian Mining Corp <0975.HK>:Energy Resources and NIC entered into fuel supply agreement with NIC.NIC conditionally agreed to supply fuel products and provide other related services including fueling and storage services to group.Fuel supply agreement with nic will be effective for a period of three years commencing from 15 June 2017 to 31 May 2020.Maximum consideration payable by group to NIC under december agreement and fuel supply agreement with NIC is USD218.1 million.  Full Article

Mongolian Mining announces entering of order under Chapter 15 of U.S. Bankruptcy Code
Monday, 1 May 2017 06:20am EDT 

May 1 (Reuters) - Mongolian Mining Corp <0975.HK> ::Updates in relation to hearing on a petition under chapter 15 of united states bankruptcy code and motion for related relief.Bankruptcy court for southern district of new york entered an order granting relief sought on behalf of co.Relief granting recognition of provisional liquidation proceeding of co in Cayman Islands & enforcement of Cayman Islands scheme of arrangement within U.S..  Full Article

Mongolian Mining Corp announces operational update for quarter ended March
Wednesday, 26 Apr 2017 06:11pm EDT 

April 27 (Reuters) - Mongolian Mining Corp <0975.HK>:In quarter ended 31 March 2017, group's mine production increased by 282% as compared to corresponding period of 2016.Group sold a total of 798.1 kt of hcc product in Q1 of 2017, representing 277% increase compared to corresponding period of 2016.Quarterly total 1,547.8 kt of rom coal was processed, representing 197% increase compared to corresponding period of 2016.  Full Article

Mongolian Mining updates on proposed offshore debt restructuring of co
Tuesday, 25 Apr 2017 10:07am EDT 

April 25 (Reuters) - Mongolian Mining Corp <0975.HK>:Update in relation to proposed offshore debt restructuring of company.Says cayman scheme and hong kong scheme have been sanctioned by Cayman court And Hong Kong court, respectively.  Full Article

Mongolian Mining files petition with bankruptcy court under chapter 15
Thursday, 30 Mar 2017 08:37pm EDT 

Mongolian Mining Corp <0975.HK> :In relation to debt restructuring notice has published for filing of a petition with bankruptcy court under chapter 15 of title 11 of united states code.  Full Article

China's Shenhua suspends two coal mines, Mongolia set to benefit

ULAANBAATAR, Aug 4 China Shenhua Energy Co. Ltd has suspended operations at two large open-pit coal mines in northern China, it said late on Thursday, a move that could benefit producers across the border in Mongolia.