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.
People in Need INGO with support from the Embassy of the Federal Republic of Germany (German Embassy) in Mongolia is providing – for the third time – an additional round of support to 1600 vulnerable children with nutrition, education and
Mongolia’s gross domestic product fell 6.1 percent in the first quarter compared to the same period last year, the country’s National Statistics Office said on Wednesday (20 May).
The country’s economy amounted to 7.2 trillion Mongolian tugriks (over 2.5 billion U.S.
“The peoples of the United Nations have (…) reaffirmed their faith in fundamental human rights, in the dignity and worth of the human person and in the equal rights of men and women and have determined to promote social progress
The cost of expanding Rio Tinto’s Mongolian copper project could be cut by almost USD 1 billion under a surprise Mongolian government plan that could increase the host nation’s long-term influence over Rio and the project.
The Mongolian government has told
For years, it seemed that cashmere production simply wouldn’t be able to keep up with exploding demand. The expansion of luxury groups and the fine knits purveyors nearly caused the supply chain to buckle. But now, in a pandemic-stricken economy,
A working group from the International Monetary Fund (IMF) held an online meeting with Mongolian government officials on 11-13 May. During the discussion, Mongolia requested emergency financial assistance under the Rapid Financing Instrument (RFI) to meet urgent payments of the
According to the National Statistics Office, Mongolia’s exports fell by 45.3 percent in the first quarter of 2020 due to the coronavirus restrictions compared to same period last year. In the first quarter of 2020, Mongolia traded with 121 countries
University graduates are poised to enter one of the most difficult job markets in Mongolian history. Over 22 thousand students are expected to graduate with a university degree this academic year, according to the statistics. They will do so amid