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Tag: mongolia

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Balancing act: Mongolia’s pursuit of economic stability beyond mining

Mongolia is actively pursuing international bonds to fuel its economic agenda. However, investor apprehensions linger due to the nation's heavy reliance on mining. While...

Mongolia partners with France’s Orano Mining in landmark uranium venture

Mongolia heavily relies on natural resource extraction, which constitutes 90% of its exports. In a significant development during a state visit to France in...

Shandong Gold Mining set to acquire 70% stake in Tolgoi gold mine operator for CNY 471 million

Shandong Gold Mining, a subsidiary of China's state-owned enterprise Shandong Gold Group, intends to purchase a 70% stake in Baotou Changtai Mining, the operator...

More investments are needed to unlock Mongolia’s ‘huge potential

Resource-rich Mongolia is positioning itself as an alternative to China in supplying minerals used in the renewable energy sector but needs help from foreign...

Erdene Resource Development Corp. reported results from recent drilling at the 100%-owned Dark Horse prospect

Erdene Resource Development Corp. reported results from recent drilling at the 100%-owned Dark Horse prospect, located approximately 2km north of its 100%-owned Bayan Khundii gold...

Xanadu poised to benefit from Mongolian mining laws

Equities firm MST Access believes changes to the Government of Mongolia’s mining code has the potential to benefit foreign investment with revisions to the...

What happened to a decadelong mining boom

Located just steps from downtown London landmarks like Harrods department store and Hyde Park, The Knightsbridge Apartments, a luxury residential building in the eponymous...

Coal trade issue of China and Australia hurting Mongolia’s environment

Last year China turned its back on Australian coal; in October, customs officials in China began rejecting shipments of coking coal from Australia. Beijing...

Mongolian Government threatens to terminate investment deal for Oyu Tolgoi mine

Mongolia’s Oyu Tolgoi the world’s largest copper-gold-silver mine is expected to produce 480,000 tonnes of copper per year on average from 2028 to 2036...
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