
2025-08-26
From the outset, Mongolia's 2025 state budget has drawn criticism. Now, just six months later, the government has been forced to face economic reality. Under the leadership of the new administration - and particularly at the initiative of the Prime Minister - a decision has been made to revise the budget, signaling a possible shift in broader macroeconomic policy.
Erdene Resource Development announced that as of June 30, 2025, construction of the Bayan Khundii Gold Project is 99% complete and approaching its final stages. Earlier, on June 12, the company secured permits for the processing plant, mining operations, and related non-industrial facilities, including storage and chemical handling infrastructure.
The Ministry of Industry and Mineral Resources, the Mineral Resources and Petroleum Authority, and the Mongolian National Mining Association will jointly host the fourth edition of the “MiningWeek & MinePro 2025” international conference and exhibition on September 11–13 at Taij Khairkhan in Nalaikh District.