Following the effort in 2021, early in 2022 Oyu Tolgoi LLC reached new agreements with the Government of Mongolia to enable the commencement of caving operations at OT. This action is an essential step in unlocking the full economic potential

The purchase of gold by Mongolia’s central bank was 2,122.9 kg from the beginning of the year, which represents an increase of 6.7 percent compared to the same period of the previous year.

As of February 18-24, the country exported a

Freight transportation between Mongolia and China has significantly risen so far this year. Erenhot, the largest land port on the China-Mongolia border, has handled a total of 503 China-Europe freight trains, up 27.9 percent from the same period last year.

The

The Steppe Arena held its groundbreaking ceremony in April 2019 and was built successfully in short period, even with the Covid 19 restrictions and limitations and was opened in September 2021. The Steppe Arena is a historic development that has

Fitch Ratings has revised the rating Outlook on coal producer Mongolian Mining Corporation (MMC) to Negative from Stable, and affirmed the Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’.

Fitch has also affirmed MMC’s USD440 million 9.25% senior unsecured notes due

The Mongolian Economic Forum, which has been suspended for two years due to the pandemic, will be held on 7-8 April. The forum is going to organised under the theme ‘New Revival Policy’.

The annual forum aims to build consensus for

The construction of a railway at Gashuunsukhait-Gantsmod – the port handles more than 50 percent of Mongolia’s copper and coking coal exports was one of key issues at talks between Mongolian Prime Minister L.Oyun-Erdene and Chinese President Xi Jinping. The

With over 1000 licenses issued across the country, a diverse range of mineral extraction operations are transforming in Mongolia. The Gobi region is crowded with both mega mines and smaller-scale operations. The Gobi also has excellent conditions for renewable energy