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.
Minister of Road and Transport Development S. Byambatsogt received Kitanaka Takefumi, CEO of “New Ulaanbaatar International Airport” LLC, and exchanged views on increasing the capacity of Chinggis Khaan International Airport and transferring domestic flights to Buyant-Ukhaa International Airport.
Minister S. Byambatsogt
Steppe Gold Ltd announced that it has entered into a turnkey engineering, procurement and construction (EPC) contract with Hexagon Build Engineering LLC for the Phase 2 Expansion at the ATO Gold Mine in Mongolia.
The precious metals producer said the contract amount
On the occasion of the 100th anniversary of the first issuance of the Mongolian stamp, the “Year of the Dragon” stamp dedicated to the wooden dragon year of the 17th century named “Khilent ekh” have been put into circulation.
The stamp design
Abnormally cold weather will persist in most of Mongolia, the National Agency for Meteorology, Hydrology, and Environmental Monitoring reported on Tuesday.
Temperatures will drop to -38°C in some places from January 13.
Mongolia’s National Emergency Management Agency urged drivers to be careful on rural roads due to
Mongolia’s capital account had a profit of USD 116.14 million from January to December 2023. According to the Bank of Mongolia, the balance of payments amounted to a profit of USD 963.5 million at the end of November 2023. This
United Nations Secretary-General Antonio Guterres appointed Major General B.Erdenebat of Mongolia as force commander of the United National Peacekeeping Force in Cyprus (Unficyp). According to an announcement on Tuesday evening, B.Erdenebat succeeds Major General Ingrid Gjerde of Norway.
The UN published
In 2019, prior to the COVID-19 pandemic, 570,000 foreign tourists visited Mongolia. A third of them came from China. As of October last year, this number surpassed 600,000, the country’s tourism revenue stood at more than USD 1 billion.
China, Russia and
Mongolia has tightened penalties for violations of environmental legislation and poaching of elk, an endangered species of animal.
According to the environmental unit of the police, “This step will be a serious lever in the fight against poachers”.
According to recent changes to
Mongolian President U.Khurelsukh signed an agreement worth of USD 1.7 billion investment by French government-owned Orano Mining in October 2023, during his visit to France. The agreement allows Orano to establish Mongolia’s first uranium mining and processing venture. For Mongolia’s
A record 1900 young athletes from 79 countries who qualified for the IV Winter Youth Olympic Games (YOG) will gather in Gangwon Province, Korea in 14 days to compete for 81 sets of medals in 15 disciplines of seven winter