Contract miner at West Tsankhi selected in tender

Erdenes Tavantolgoi LLC, a state owned company, opened its second mine pit in the West Tsankhi area of the Tavantolgoi deposit in October 2012. There was also an opening of a mine pit at the West Tsankhi site last Saturday.

Erdenes TT LLC had announced a tender for a contract miner at West Tsankhi.

Three bidders took part in the tender and Khishig Arvin company won the tender for West Tsankhi. The national operator company will run the West Tsankhi area of the Tavantolgoi deposit.

The soil removing process and coal exploitation is expected to start later next month.

Erdenes TT LLC is optimistic that the coal exploitation in West Tsankhi will improve current financial restraints.

Erdenes TT LLC Chief Executive Batsuuri Yaichil said in a statement “We expect to exploit seven million tons of coal in total from East and West Tsankhi of the Tavantolgoi deposit this year.

The Khishig Arvin company, who won the tender, will operate in West Tsankhi as the contract miner. In addition the Government is in negotiations to cope with strategic investors who will cooperate at Tavantolgoi.”

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