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.
Plans are in hand in Mongolia for a series of road development works within the next four years. The programme calls for the construction of 2,022km of surfaced roads. In addition, new concrete bridges will be built under these plans.
At
The Mongolian Government has extended the state of public emergency readiness for 14 days until 1 December. These measures came into effect at 06.00 a.m.
During the emergency period, a curfew will be in force inthe Mongolian capital city of
The Green Climate Fund (GCF) today approved a new USD 23.1million grant towards strengthening the climate resilience of herder communities in Mongolia. Approximately 26,000 households (130,000 people), living across four of the country’s most remote and vulnerable Western and Eastern
As the coronavirus pandemic sparks calls for more state intervention, emerging economies face tough choices to determine whether an increased role for government will have positive or negative long-term consequences.
The latest Transition Report from the European Bank for Reconstruction and
About 15,000 micro, rural and women entrepreneurs in the next three years are set to benefit from an innovative Mongolia Tugrik (MNT) denominated loan facility for Transcapital LLC, a leading non-bank financial institution in Mongolia, arranged by IFC, a member
Mongolia will hold an international forum and exhibition online this month to boost exports amid the COVID-19 pandemic.
The “Export Mongolia-2020” is expected to be co-organized by the Ministry of Food and Agriculture, Foreign Ministry, Small and Medium Enterprises Development Fund,
Mongolia’s central bank purchased 19.2 tons of precious metals in the first 10 months of this year, including 17.5 tons of gold from legal entities and individuals, the country’s central bank said on Tuesday (3 November).
The amount of the precious
Mongolia’s Ministry of Energy is seeking EPC contractors to construct a 10 MW solar power plant in Altai, the capital of the Govi-Altai province in the western part of the country. Bids will have to be submitted by December 11.
The