Mongolia Energy Corporation

Briefs, November 29, 2012

Lenovo started selling smartphones in Russia.

Four Spanish banks to get €37b in loans

Thursday, 29 November, 2012, 3:46am

Business Digest, November 27, 2012

The Aston Martin DB5 driven by Scottish actor Sean Connery in the James Bond movies 'Goldfinger' and 'Thunderball'.

Beijing probes alleged dumping from abroad

27 Nov 2012 - 3:14am

Losses mount for Mongolia Energy

Mongolia Energy, the controversial coal miner controlled by tycoons Cheng Yu-tung and Simon Lo Lin-shing, saw its share price plunge 12.2 per cent yesterday after posting a HK$4.83 billion net loss for the year.

4 Jul 2012 - 12:00am

Mongolian company raises questions, but SFC still silent

Back in the late '90s, China was already hot. Any apparent connection - no matter now flimsy - with Beijing would give a listed company the Midas touch.

20 Nov 2010 - 12:00am

Mongolian miner has HK share sale plan

Mongolian mining firm Hunnu Coal says it intends to list in Hong Kong next year, underlining the city's growing appeal as a centre for funding for resource firms.

7 Jul 2010 - 12:00am

Mongolia Energy shares see roller-coaster ride

Mongolia Energy Corp's share price went on a roller-coaster ride in heavy trading yesterday on a cut in its stock weighting, as it gave details about plans to mine coal in Mongolia.

26 Nov 2008 - 12:00am

Xanadu Mines plans US$100m IPO to fund Mongolian projects

Sydney-based exploration company Xanadu Mines, which has coal and copper projects in Mongolia, is aiming to raise US$100 million in a Hong Kong initial public offering early next year to fund projects in the resources-rich nation, according to chairman Brian Thornton.

16 Jun 2008 - 12:00am

Frankie Dominion to buy coal firms for HK$2.4b

Shares of loss-making home products maker Frankie Dominion International jumped 13.13 per cent to 56 HK cents each yesterday after the company announced a plan to buy two coal-trading firms for a total of HK$2.4 billion.

26 Jan 2008 - 12:00am

Tomorrow shifts from electronics to coal

Electronic products manufacturer Tomorrow International Holdings is shifting its core business to coal production and aiming to become the largest Hong Kong-listed coking coal producer within three years.

8 Nov 2007 - 12:00am

CNRD soars on HK$2b deal for metal mine

Shares in China National Resources Development (CNRD) bucked the market slump to jump as much as 17.6 per cent yesterday, after it said it would buy control of a copper and silver mine for HK$1.98 billion.

2 Aug 2007 - 12:00am


July 9 Final: Goldbond Group Holdings, Hung Hing Printing Group, Imagi International Holdings, Karrie International Holdings, Mongolia Energy Corporation, Pacific Textiles Holdings, Starlite Holdings, UBA Investments, VST Holdings

Result: Vitasoy International Holdings

7 Jul 2007 - 12:00am

Toy firm Kiu Hung enters mining

Kiu Hung International, a toymaker diversifying into energy, plans to invest HK$620 million over the next five years in its newly acquired coal mine in Inner Mongolia, according to chairman Joseph Hui Kee-fung.

Mr Hui indicated that no decision had been made on financing the investment.

17 Apr 2007 - 12:00am

CyberBase leaps on coal mine deal

Shares in New World CyberBase, a Hong Kong-based property company, surged 155.56 per cent yesterday after it unveiled a HK$1.2 billion purchase of a coal mine in Mongolia.

The acquisition marked another new business for CyberBase, which was originally an internet services unit of New World Development.

9 Feb 2007 - 12:00am