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Development Bank of Mongolia to give soft loans to gold companies

The ‘Mongolia Gold 2019’ conference and exhibition is currently taking place at the Corporate Convention Centre in Ulaanbaatar. The two-day forum, which is meeting place today and tomorrow (22-23 March) has been organised by the Mongolian Gold Producers’ Association and

More Border Blues! Mongolian coal denied entry to China

Chinese Customs officials at the Urad Middle Banner, an administrative region in North China’s Inner Mongolia Autonomous Region, rejected 182 trucks containing 19,540 tonnes of “unqualified” Mongolia-origin coal during the period between last November 27 and March 9, according to

Ulaan Ovoo mine production and sales announced

Prophecy Development Corp announces Mongolian Ulaan Ovoo Mine start up in March and approximately 21,000 tonnes of coal production and sales. Multiple local and international consumers have expressed interest to buy Ulaan Ovoo coal.

With nameplate production capacity of 2 million

Mongolian Mortgage Corporation HFC’s $250 Million Bond Offering

Mayer Brown represented Mongolian Mortgage Corporation HFC LLC, the only finance company licensed to issue asset-backed securities and the sole RMBS issuer in Mongolia, on its debut US$250 million unsecured bond offering and subsequent tap issuance for an additional US$50

World Bank delegation in Mongolia

Head of the Parliamentary Standing Committee on the State Budget, MP B.Choijilsuren today met with a delegation headed by Deepak Mishra, a specialist from the World Bank’s Macroeconomics, Trade, and Investment (MTI) Global Practice Division.

In the beginning of the meeting,

Mongolia completing infrastructure work for oil refinery

It is a well-known fact that Mongolia has substantial oil reserves, but up to the present, has no refining capacity, the result: the country exports all its crude oil and has to import imports its petroleum products. This will all