Volkswagen plans electric option for all models by 2030 www.bbc.com

Volkswagen, the world's biggest carmaker, will offer an electric version of all its 300 models by 2030, becoming the latest manufacturer to move away from petrol and diesel.

VW will double investment in zero-emission vehicles to 20bn euros (£18bn) as it seeks to put the diesel emissions scandal behind it.
The German firm plans to offer 80 new electric cars across the group by 2025.
It comes as Mercedes-Benz also promised electric versions of all its cars.
Mercedes chief Dieter Zetsche said the entire range would have electric or hybrid versions by 2022.
'Got the message'
However, VW is the first major carmaker to announce a big push into the mass-market with electric vehicles.
Speaking at the Frankfurt motor show, Volkswagen chief Matthias Mueller told the BBC the firm had "got the message".
"Customers want clean vehicles. People want to have clean air, and we want to make our contribution here," he said.
The German firm, whose brands include Seat and Skoda, also said it would place orders worth more than 50bn euros for batteries to power the cars.
The motor show comes at a difficult time for the industry, with VW and other German carmakers facing heavy criticism from the country's chancellor, Angela Merkel, over the diesel emissions scandal.
In the run-up to this month's election, Mrs Merkel said the car industry needed to regain the public's trust.
'Long-term trend'
VW is confident its petrol and diesel engines are now clean, Mr Mueller told the BBC.
But he added that it could not drop combustion engines entirely yet because the infrastructure for electric vehicles was not in place.
"There will be a coexistence between internal combustion engines and electric drive systems for a certain period - I can't tell you how long that will be," he said.
Harald Krueger, chief executive of BMW, agreed there would be a transition period where combustion engines were still needed.
But he told the BBC that electric cars were "not just hype, this is the long-term trend".
On Tuesday BMW will unveil its first electric Mini, which will be assembled in Oxford and go on sale in 2019.
The moves from BMW, VW, Mercedes and other carmakers come as a growing number of countries are announcing plans to ban new diesel and petrol cars.
China, the world's biggest car market, became the latest to signal such a shift over the weekend, although it did not set a date.
Both the UK and France have already announced plans to ban new diesel and petrol vehicles by 2040, as part of efforts to reduce pollution and carbon emissions.
Meanwhile, Shell said it would install its first electric car charging point in the UK later this month.

Mongolia Growth Group Ltd (MNGGF) Climbs Higher Over Past 5 Sessions www.thestockrover.com

Mongolia Growth Group Ltd (MNGGF) have climbed higher over the course of the past week revealing positive upward momentum for the shares. In taking a look at recent performance, we can see that shares have moved 1.03% over the past week, 6.55% over the past 4-weeks, 19.59% over the past half year and -16.05% over the past full year.

Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. At the time of writing, Mongolia Growth Group Ltd (MNGGF) has a 14-day ATR of 0.01. The average true range indicator was created by J. Welles Wilder in order to measure volatility. The ATR may assist traders with figuring out the strength of a breakout or reversal in price. It is important to note that the ATR was not designed to determine price direction or to predict future prices.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Mongolia Growth Group Ltd (MNGGF)’s Williams Percent Range or 14 day Williams %R is resting at -56.67. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

Investors may use multiple technical indicators to help spot trends and buy/sell signals. Presently, Mongolia Growth Group Ltd (MNGGF) has a 14-day Commodity Channel Index (CCI) of -30.99. The CCI was developed by Donald Lambert. The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions.

The Average Directional Index or ADX is a popular technical indicator designed to help measure trend strength. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. Presently, the 14-day ADX for Mongolia Growth Group Ltd (MNGGF) is 14.71. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The ADX alone was designed to measure trend strength. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.

Taking a peek at some Moving Averages, the 200-day is at 0.27, the 50-day is 0.29, and the 7-day is sitting at 0.30. The moving average is a popular tool among technical stock analysts. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock.

Centerra shares jump again on confirmation of Kyrgyz settlement www.mining.com

Canada's Centerra Gold (TSX:CG) on Monday said it had reached a comprehensive agreement with the Kyrgyz Republic in its drawn out environmental dispute over the firm’s Kumtor gold mine.

Russia goes green: Sales of eco-friendly cars outstrip US www.rt.com

The share of ecologically ‘clean’ vehicles sold in Russia has reached 40 percent, according to the latest research by the International Energy Agency (IEA) seen by Russian media.

Mongolia could assemble freight trains www.montsame.mn

Ulaanbaatar /MONTSAME/ A total of 30 thousand tons of coal has been transported by freight trains in a route from Ulaanbaatar to Baganuur district. The freight trains were assembled by Mongolians engineers.

Xanadu Mines confirms higher-grade mineralisation across porphyry at Kharmagtai www.proactiveinvestors.co.uk

Xanadu Mines Ltd (ASX:XAM) continues to make high-grade copper-gold intercepts from diamond drilling at the Stockwork Hill deposit, located within the company's Kharmagtai project in Mongolia.
The latest highlight delivered: 264 metres at 0.56% copper and 1.46g/t gold for a 1.49% copper equivalent from surface, including 148 metres at 0.81% copper and 2.41g/t gold for a 2.41% copper equivalent.
Dr Andrew Stewart, managing director, commented:
"We continue to be encouraged by the results of our ongoing extensional
drilling program around the current resources at Kharmagtai.

Japanese delegation pays visit to Mongolia www.montsame.mn

Ulaanbaatar /MONTSAME/ A report has been given on the visit of Motoo Hayashi, a special envoy of Japan’s Prime Minister and Chairman of the Japan-Mongolia Parliamentary Friendship League at the National Diet of Japan, paid to Mongolia last week.

President blamed for coal export delays www.gogo.mn

ULAANBAATAR (GoGo Mongolia) - On Sep 7-8, mining and coal entrepreneurs gathered at Shangri-La Hotel Ulaanbaatar for the 7th annual Coal Mongolia conference and discussed the coal sector issues. 
The vast majority of Mongolia`s export income comes from copper and coal sales. The country`s estimated coal reserves are 173 billion tons. 
More coal exploration was done in Central and Eastern regions than in Western regions. It is clear that the coal reserves of the country to increase if exploration will be conducted in the West. 
Currently, a total of 242 licenses have issued and 82 mines are operating in the coal sector. The main feature of this sector is that the main players are domestic companies. Therefore, most of the revenues from coal stay in Mongolia, not transferred to another country. In other words, this sector has few foreign investors. 
Two special events have been concluded with this year's conference. First, coking coal prices have risen in China as major miners` profit went up. However, China tightened its border inspection. Second, Ministers of Mining and Heavy Industries as well as Energy did not attend the conference due to the resignation of Prime Minister J.Erdenebat and his government. Deputy Ministries came to the conference.
In late August, China intensified its check on trucks passing the Gashuun Sukhait border port and extended the time for the examination. Thus, a 70-km long truck line was formed at the Gashuun Sukhait port. The reason for this was explained by the fact that truck drivers are often caught up in smuggling goods such as animal products.
However, conference attendees considered that is a decision of the Beijing and related to politics. On the other hand, Ambassador to Mongolia from China has not attended the Coal Mongolia for the first time this year. Moreover, delegations of Chinese state-owned coal firms, Chalco and Shenhua said that they could not attend the conference due to visa issues. 
On the other hand, Mongolia has taken all possible measures to increase the capacity of the Gashuun Sukhait port by adding the number of employees and improving their work environment. However, President of Mongolia Kh.Battulga has contacted the representative of Dalai Lama and talked about cooperating with India in the defense sector, making Beijing angry. Therefore, China decides to decrease the amount of coking coal. 
Last spring, coking coal price went up to USD 300 in Australia. Following coking coal price have risen in Mongolia. Authorities increased the coal sales revenue to the state budget, setting at 220 billion MNT. However, due to the long line formed at the border with China, the country expects to have a budget deficit. 
Deputy Minister of Road and Transportation B.Tsogtgerel noted that measures are being taken to solve the problem raised at the border crossing with China. Thus, the first must do homework for the new Minister of Foreign Affairs is to calm Beijing and increase the number of trucks loaded with coal.

Mongolia ranks at fourth with its coal export www.montsame.mn

Ulaanbaatar /MONTSAME/ Mongolia is being ranked fourth place with its coal export in the world, following Australia, Canada and the U.S.

Global shipper Maersk sees trade growth among BRICS nations www.chinadaily.com.cn

BEIJING - Containerized trade among BRICS nations saw robust growth in the first half of this year, according to the world's largest container shipping company Maersk Line.