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.
Mongolia exported a total of 11.2 million tons of coal in the first seven months of this year, a decrease of 46.4 percent compared to the same period last year, according to official data on Tuesday.
The International Compliance Association (ICA), a leading professional body for the global regulatory and financial crime compliance community, announced a partnership with the Mongolia Compliance Association (MCA) to offer a bespoke e-learning program to 12 professional associations and their 10,000-plus
Before the coronavirus lockdown, Mongolia exported 54 thousand tonnes of horse meat to China in 2019. However, exports of horse meat have fallen due to Mongolia closing its border with China in order to prevent the spread of coronavirus. Subsequently,
Steppe Gold is very pleased to provide an update on the Bankable Feasibility Study (“BFS”) underway for the expansion of the ATO Gold Mine into fresh rock ores with a planned production profile of approximately 150,000oz gold equivalent per year
China’s coking coal imports accelerated in June as Mongolia ramped up coal truck deliveries and seaborne arrivals bounced back, with US imports rising to nearly a two-year high.
China imported 6.26 million tonnes of coking coal in June, up by 31
As of today (29 July), one US dollar is being sold for MNT 2844.58 at commercial banks,while one Euro for MNT 3331.29, and one Russian Rbl for MNT 39.51. The Mongolian Tugrik continues to fall against the US dollar, theChinese
The Research Centre for Economic Policy and Competitiveness has issued reviews conducted on the banks operating in Mongolia. There currently are 12 commercial banks in the country. According to the Central Bank of Mongolia, the most influential banks are the