The Mongolian Mining Journal

Mongolian Mineral Exploration Roundup 2025 Conference and Exhibition Since December 2023, Trigtech LLC, with the support of the Mongolian Embassy in China, has organized four Silk Road Investment: Mining Project Presentation events in collaboration with the Ministry of Industry and Mineral Resources, the Mineral Resources and Petroleum Administration, and key stakeholders.

D. DALAIJARGAL:THE IAEA WILL CONDUCT RESEARCH AND MONITOR THE ZUUVCH-OVOO DEPOSIT The Mongolian government adopted its policy on radioactive minerals and nuclear energy in 2009. Its primary goal is to expand the country's reserves of radioactive minerals and utilize them for peaceful purposes.

PRESIDENT OF MONGOLIA KHURELSUKH UKHNAA VISITS OYU TOLGOI UNDERGROUND MINE Oyu Tolgoi LLC launched its underground mine in 2022 and carried out its 124th ore extraction blast last year. In 2025, mining production increased by 50% compared to the previous year, driving a significant rise in copper concentrate output.

Gold price sets a new record above 3,050 USD following Fed verdict Gold reached a new all-time high on Wednesday afternoon, surpassing the 3,050 USD per ounce mark, following projections by U.S. policymakers for slower growth and higher inflation.

MARC MELEARD: THE START OF THE ZUUVCH OVOO PROJECT WILL COME AT A TIME WHEN PRODUCTION FROM EXISTING URANIUM MINES WILL BE INSUFFICIENT TO MEET THE DEMAND FOR NUCLEAR ENERGY. Mongolia negotiated an investment agreement with Orano Mining, France, to implement its uranium mining project. In this context, we spoke with Marc Meleard, General Director of Badrakh Energy, the joint venture between the Government of Mongolia and Orano Mining.

Mongolian government to support gold mining as coal export prices decline In response to the decline in coal export prices, the Mongolian government has decided to support the gold mining sector by re-issuing exploration licenses, effective March 1, 2025. This initiative aims to boost production as demand for gold and its price growth are expected to persist throughout the year.

ORANO TO START DEVELOPING UZBEK MINE WITH STATE-OWNED PARTNER French nuclear fuels company Orano said on Wednesday it would start developing its South Djengeldi uranium mining project in Uzbekistan as part of its Nurlikum Mining joint venture with Uzbek state-owned mining company Navoiyuran.

PDAC 2025 draws 27,353 participants to Toronto Toronto – The Prospectors & Developers Association of Canada (PDAC) proudly celebrated another landmark gathering with PDAC 2025, which brought together 27,353 participants to explore premier business prospects, investment opportunities, and professional networks in the global mineral exploration and mining sphere.

Mongolia to Showcase its Mineral Resources at PDAC 2025 in Toronto Toronto, Canada — The 93rd annual Prospectors & Developers Association of Canada (PDAC) Convention will take place from March 2 to March 5, 2025, in Toronto, Canada. The event, one of the largest gatherings of mining professionals in the world, will feature key players from the global mining sector, including a strong delegation from Mongolia.

Japan to give Mongolia $3.7 million grant aid for infrastructure Japan on Tuesday promised 545 million yen ($3.7 million) in grant aid to Mongolia to help improve the infrastructure of the strategically key nation sandwiched between China and Russia.

Mongolia to Showcase its Mineral Resources at PDAC 2025 in Toronto Toronto, Canada — The 93rd annual Prospectors & Developers Association of Canada (PDAC) Convention will take place from March 2 to March 5, 2025, in Toronto, Canada. The event, one of the largest gatherings of mining professionals in the world, will feature key players from the global mining sector, including a strong delegation from Mongolia.

ERDENES TAVANTOLGOI JSC HAS TRADED 64,000 TONS OF 1/3 COKING COAL Erdenes Tavantolgoi JSC successfully traded 64,000 tons of 1/3 coking coal through the Mongolian Stock Exchange on February 20, 2025. The transaction was completed at a price of 72.4 USD per ton, with the coal to be delivered to the Gantsmod border checkpoint.

MONGOLIA AND FRANCE LAUNCH JOINT URANIUM PROJECT AT WORLD-CLASS "ZUUVCH-OVOO" DEPOSIT On January 17, 2025, the Government of Mongolia and French-registered Orano Mining SAS, an investor in the Mongolian- French joint venture Badrakh Energy LLC, signed an $1.6 billion investment agreement in Ulaanbaatar for the long-term development of the Zuuvch-Ovoo uranium deposit, located in Ulaanbadrakh soum, Dornogobi aimag.

Mongolian coal export performance in January and key influencing factors Over the past few decades, Mongolia has seen a significant transformation in its economy, shifting from an agricultural base to one dominated by mining.

G. YONDON: ERDENET PLANT'S RESERVES ARE PROJECTED TO LAST UNTIL 2079 MMCG Research and Consulting Services conducted the study and presented its findings in the report titled "The Impact and Contribution of the Erdenet Mining Corporation on the Society and Economy of Mongolia: Past, Present, and Future." The study aimed to offer a concise overview of the plant's performance through numerical data.

THE GASHUUNSUKHAIT-GANTSMOD RAILWAY: A PATH TO UNDERSTANDING WITH THE SOUTHERN NEIGHBOR The draft resolution to establish a cooperation agreement between the governments of Mongolia and China regarding the Gashuunsukhait-Gantsmod cross-border railway, coal trade, and the expansion of the Tavan Tolgoi coal mine was discussed at the regular Government meeting on January 22.

J. ZOLJARGAL: DISCOUNTED COAL PRICES FOR MONGOLIA POSSIBLE WITH REDUCED DEPENDENCE ON SINGLE BUYER Mongolia's primary export is coal, with the country achieving a historic milestone by exporting 83.7 million tons last year. We discussed the successes, challenges, key issues, and future trends in the coal sector with Member of Parliament J. Zoljargal.

PARLIAMENT TO RATIFY GASHUUNSUKHAIT-GANTSMOD CROSS-BORDER RAILWAY AGREEMENT IN APRIL The Prime Minister of Mongolia, L. Oyun-Erdene, is set to visit the People’s Republic of China from March 13 to 15. During his visit, he will participate in the finalization and signing of the Gashuunsukhait-Gantsmod Cross-Border Railway Agreement between the two countries.

PDAC 2025: MESSAGE FROM THE PRESIDENT PRELIMINARY PROGRAM I am delighted to introduce PDAC 2025 – the world’s premier mineral exploration and mining showcase. Since 1932, the Convention has grown not only in size and influence, but also in its ability to foster critical discussions, unveil cutting-edge innovations, and connect industry leaders from across the globe.

Potential mergers could consolidate global copper production under two major players If the proposed mergers between BHP and Anglo American, as well as Rio Tinto and Glencore, are successful, the two resulting entities could control up to 16 percent of global copper production.