Mining The Resources
Minding the future
Эрдсийг эрдэнэст
Ирээдүйг өндөр хөгжилд
The 2025 budget allocates a total of 10.3 trillion MNT for infrastructure and regional development. Of this amount, 38%, or 4.3 trillion MNT, will be financed by the state budget. Additionally, 27% of the funding, equivalent to 2.6 trillion MNT, is expected to come from foreign loans. Lastly, the remaining 35%, totaling 3.4 trillion MNT, will be sourced from local budgets to address key issues facing Ulaanbaatar, fund small community projects, and support initiatives essential for the ongoing operation of public services.
The Prospectors & Developers Association of Canada (PDAC) is proud to announce the recipients of its 2025 PDAC Awards. Since the awards were established in 1977, they have been a symbol of excellence, recognizing individuals, teams, and organizations that have made significant contributions to the global mining industry.
At the regular session of the Government on October 23, 2024, the Government reviewed and submitted the draft law on amendments to the Law on Nuclear Energy, along with other relevant draft laws, to the Parliament for urgent consideration. This submission aligns with Section 33.1 of the Law on Session Procedure of the State Great Khural of Mongolia.
IFC to Advise Government of Mongolia on its First Competitively Tendered Renewable Energy IPP The Government of Mongolia and IFC, a member of the World Bank Group, have signed a landmark agreement that will harness private sector capital and expertise to develop wind power in the country.
Build Mongolia 2023 Construction, Infrastructure, And Mining Technology Expo will be held on April 19-21 At Steppe Arena Over 100 of the best companies in the industry will be participating in the expo, showcasing their products and services. Ten countries will be represented by companies such as Alternativa LLC, Magna Tires Singapore Pte Ltd, Amperetex from Russia, Zhengzhou Vanguard Machinery Tech Co., Ltd, and Jiangsu Kingertai New Material Technology Co., Ltd from China. The exhibition will also feature the leading international organizations in the field, presenting their products and services through the Embassy of the United Kingdom of Great Britain and Northern Ireland to Mongolia and the Embassy of the Republic of Poland to Mongolia.
S.OYUNBAT: WE NEED TO THOROUGHLY EXPLORE THE RARE EARTH MINERALS IN OUR COUNTRY Rare earth elements are a relatively new topic for our country's mineral sector. However, S.Oyunbat, a Mongolian consultant geologist with a PhD, is quite familiar with these elements. Geo-Info, a consulting company specializing in geo-information and exploration, was established by S.Oyunbat and has been active in the field since 2008. The company discovered the Ulaan Del rare earth element deposit in Uvs aimag. In 2018, the mineralization reserve was presented to the Professional Council of Mineral Resources, discussed, and subsequently registered as a rare earth element (REE) deposit in Mongolia's Mineral Resources Fund.
Draft Law on Amendments to the Law on Nuclear Energy was supported and referred to Standing Committees At the regular session of the Government on October 23, 2024, the Government reviewed and submitted the draft law on amendments to the Law on Nuclear Energy, along with other relevant draft laws, to the Parliament for urgent consideration. This submission aligns with Section 33.1 of the Law on Session Procedure of the State Great Khural of Mongolia.
MMJ EDITORIAL