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.
Turquoise Hill Resources Ltd said on Tuesday its Oyu Tolgoi mine in Mongolia had partially resumed shipments to China, after the Canadian miner declared force majeure on some Chinese contracts last month due to COVID-19-led curbs.
Over January-March, Mongolia’s total coal exports surged 113.7% on year to 6.7 million tonnes, among which 93.5% were to China, and the second largest destination was Singapore, which accounted for 5.8% of the total, according to Mongolia’s Customs data on
As the world continues to battle the COVID-19 crisis, it is instructive to look at how the private sector has coped since the onset of the pandemic over one year ago. The World Bank has conducted a series of surveys
Disruptions at the Mongolia-China border amid a surge of new Covid-19 cases in Mongolia could lead to short-term pressure on Mongolian Mining Corporation’s cash flow, but are unlikely to lead to a lasting deterioration of its liquidity and credit profile,
We spoke with L. Bolormaa, A Board Member of Golomt Bank, Chairperson of Women Entrepreneurs Council at Mongolian National Chamber of Commerce and Industry about policies to support women in business and women leadership.
The Asian Development Bank (ADB) has approved a USD 100-million loan to strengthen Mongolia’s health sector and its response to the COVID-19 pandemic, the bank’s office in Mongolia said on Wednesday.
“Mongolia remains vulnerable to COVID-19 and other emerging diseases. A
Mongolia’s trade policies and practices have been reviewed by the World Trade Organisation (WTO) between March 17 and 19.
The chairman of the meeting, Ambassador Herald Aspelund, noted in his concluding remarks, ” The impact of COVID-19 has severely affected the