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.
The total savings of Mongolians reached MNT 13.8 trillion or USD 5.1 billion at the end of August. The figure represents an increase of 18 percent on the same period 2018.
The Bank of Mongolia has launched a national campaign to
The Central Bank of Mongolia – also known as Mongol Bank – has launched its Sinraptor coin as a part of the New Dinosaur Coin Series. The silver 999 coins are 38.61 mm and Gold 9999 coins are 11 mm.
The
Eight people have died of carbon monoxide poisoning in the ger districts of Ulaanbaatar and 350 have been hospitalized – 220 of them children, following the introduction of “safe” smokeless briquettes as the official alternative to coal. The first deaths
Mongolian cashmere giant the Gobi Company is implementing a project entitled ‘from Mongolian Herders to World Brand’ in cooperation with the Sustainable Fibre Alliance and the European Bank for Reconstruction and Development (EBRD). The project will last from 2019-2021 and
The Mongolian Immigration Agency reported on Thursday (17 October), that tourist arrivals in the country have increased by 59 percent. A total of 2374 people have been issued with tourist visa for 30 days or more at border crossings through
The rate of the Mongolian Tugrik against the US dollar weakened by 6.6 percent year-on-year in the first three quarters of 2019. The US dollar traded at 2,667.21 against the Tugrik at the end of the third quarter, according to
Prime Minister U.Khurelsukh attended a Mongolian – Kazakh business forum between during the second day of his official visit to Nur-Sultan. Over 60 delegates from Mongolian enterprises and more than 160 businessmen from Kazakhstan participated in the event.
Currently, Mongolia and
Engineers India Ltd (EIL) will begin construction of the long-awaited oil refinery in Mongolia. EIL, a PSU under the Indian Ministry of Petroleum and Natural Gas, is the project management consultant for the development of the oil refinery.
During an ongoing