Mongolia may take a 34% stake in Xanadu Mines Ltd.’s Kharmagtai copper-gold project after a proposal to classify the asset as a strategic deposit was submitted to the government.
Mongolia may take a 34% stake in Xanadu Mines Ltd.’s Kharmagtai copper-gold project after a proposal to classify the asset as a strategic deposit was submitted to the government.
With uranium demand set to be strong in the coming decades, Mongolia is positioning itself as a strategic player and a significant contributor in the global climate effort.
To mitigate the adverse impacts of the pandemic, government assistance to households has been generous and diverse. One notable measure introduced in 2020 is the increase in benefit amounts given to households through the Child Money Programme. The programme, which
IMF team visited Ulaanbaatar to conduct the 2022 Article IV discussions from September 15 to September 28, 2022. The IMF reported that stronger policy adjustment is urgently needed to address Mongolia’s rising internal and external imbalances.
This entails ensuring much greater
Lately the banking sector has become the focus of attention for Mongolia’s capital markets and IPO-hungry investors.
Earlier this month, State Bank, one of Mongolia’s five systemically important banks, listed 5 percent of its shares, raising MNT 25.4 billion (USD 7.9
This week marks the 30th anniversary of the declaration of the International Day for the Eradication of Poverty – a day devoted to reaffirming our commitment and shared responsibility to end poverty.
Mongolia, like many other countries, has made great strides
The IMF predicted growth for Asia and the Pacific at 4 percent this year and 4.3 percent in 2023, with both below the 5.5 percent average over the last two decades.
Still, they are higher than the fund’s forecasts for Europe
Despite the fact that Mongolian Mining Corporation stock rose 10 percent last week, insiders who sold USD 791 thousand worth of stock in the previous 12 months are likely to be better off. Selling at an average price of USD
IMA (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession, is proud to announce FinSight Academy as an IMA Silver Approved Review Course Provider (ARCP) in Mongolia.
FinSight Academy was
Mongolian coal companies are frustrated over the inability to move more coal into the soaring market. Therefore, a completion of Erdenes-Tavantolgoi (ETT) Tavantolgoi-Gashuunsukhait Railway was hailed. The project got together more than 600 enterprises and 5,000 workers.
The railway benefits from an