In the first two months of 2020 The Central Bank of Mongolia, or Mongol Bank, bought a total of 4.3 tonnes of gold from legal entities and individuals. The bank purchased 952 kg of gold in February; this represents an

Mongolia has set a goal to export 42 million tonnes of coal in 2020. However, the country was forced to suspended coal deliveries to China in mid-February as a measure to prevent the spread of Covid-19 across the border. Mongolia’s

The Mongolia-China border crossing of Ganshuun Sukhait, the gateway for Mongolia coking coal to China, is expected to reopen on 2 March.

Mongolian coal grades have long been closely compared to Australia’s Rangal HCC as they share similar specifications such as

A working group has been established between Mongolia and Russia for the Trans-Mongolian Gas Pipeline, reported Minister of Energy Ts.Davaasuren.

The working group co-chaired by Deputy Ministers of Energy of the two countries, has already started works, developing some documents and

The deadly coronavirus outbreak in China has forced Mongolia to suspend coal deliveries to its southern neighbour. Currently, Mongolia has lost USD 100 million of revenue because of the suspension of the coal export. Ulaanbaatar had set the goal of

Mongolia’s Ministry of Energy has issued an invitation to project developers to pre-qualify to compete in a tender to construct a 5 MW solar-plus-storage facility.

The Uliastai solar array, which is being developed with the financial support of the Asian Development

On Monday (17 February), Turquoise Hill Resources announced the submission of the Feasibility Study for the Tavan Tolgoi Power Plant (TTPP) Project to the Government of Mongolia by Oyu Tolgoi LLC.

Oyu Tolgoi LLC is obliged under the 2009 Oyu Tolgoi

The World Bank has released its Mongolia Economic updates for February 2020. Mongolia’s economic growth strengthened to 7.2 percent in 2018 from 5.3 percent in 2017 amid impressive fiscal outcomes, better coordination of macroeconomic policy, favorable global commodity prices, and