J.Ganbat, The Plenipotentiary representative of “Erdenes Tavantolgoi” JSC said that since the audit report has been finalized, 256,000 MNT of shares will be paid to citizens from tomorrow.
Oyu Tolgoi is proud to be awarded the Copper Mark, the copper industry’s new responsible production program.
To be awarded the Copper Mark, Oyu Tolgoi has demonstrated that it meets over 30 criteria for responsible environmental, social and governance operating practices.
Mongolia’s gross domestic product is projected to contract by 2 to 4 percent in 2020 due to the prolonged containment measures on the COVID-19 pandemic, the country’s central bank said on Friday, possibly sending the country into its first recession
Mongolia failed to fulfill its goal to export 40 million tonnes of coal this year due to the COVID-19 restrictions. However, the Mongolian Cabinet is planning to increase coal exports to 42 million tonnes in 2021 based on optimistic forecast
The Council of the European Union (EU) has removed Mongolia from the EU list of non-cooperative jurisdictions for tax purposes, reported Finance Minister Ch.Khurelbaatar.
The country was removed from the list after it deposited the instruments of ratification of the Convention
Massive ore handling chutes produced for the Oyu Tolgoi mine in Mongolia’s South Gobi region have opened a new expansion window for Murray Mining Services in the country. Previously, it was believed that these huge chutes could not be manufactured
The Asian Development Bank (ADB), the Ulaanbaatar Flour Limited Liability Company (UBF), and Tavan Bogd Foods Limited Liability Company (TBF) today signed a USD 15 million loan to support the wheat supply chain in Mongolia during the coronavirus disease (COVID-19)
The Mongolian economy is projected to contract by 2.4 percent in 2020 as weak external demand and COVID-19 containment measures hit the mining and services sectors especially hard, the World Bank said in the report titled “From Containment to Recovery: