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 54900 tonnes of meat and meat products in 2018 – a 20 year high. But because of bungled management, the population of Ulaanbaatar, where half of Mongolians live, is experiencing meat shortages. Prices have simply skyrocketed beyond what
Mr B.Gankhuyag, Chief Executive Officer of state owned Erdenes Tavantolgoi, a joint stock company where every citizen of Mongolia is a shareholder and owns and operates the largest undeveloped coking coal mine in the world. Erdenes Tavantolgoi JSC alone controls
The ‘Transit Mongolia 2019’ forum has been held at the Shangri La Hotel in Ulaanbaatar. The event aims at increasing the volume of transit freight through Mongolia. The subject is extremely important to Mongolia, as it is wedged between Russia
Seoul-based investment company Rhinos Asset Management said on 4 June that it had opened a wholly-owned overseas subsidiary in Mongolia the day prior. This marks the first time that a foreign entity has begun to operate an asset manager in
CDB Aviation has delivered an Embraer E-190 aircraft to Mongolia’s Hunnu Air to support the carrier’s domestic and regional operations. It is part of a fleet of four leased E-190s from CDB based on an agreement first announced in February
An EU-funded initiative is to support the development of the yak and camel wool trade in Mongolia, helping to improve access to international markets and the formation of partnerships with foreign companies.