Recent news
MONGOLIA'S LOST OPPORTUNITIES FROM COPPER
Twenty copper projects that could generate 4.1 trillion MNT in Mineral Resource Royalty (MRR) revenue for the state budget and attract 5.7 trillion MNT in investment have been placed on indefinite hold.
SETTLEMENT AREAS REQUIRE LONG-TERM SUSTAINABILITY PLANNING
As Mongolia's mining sector continues to develop, new settlement areas supported by infrastructure and centered on mining activities have been emerging in rural regions. One of the most recent examples is the "Gurvantes New Settlement Zone" in Umnugobi Aimag.
B. BYAMBADAGVA: POLICY SUPPORT CRUCIAL FOR INCREASING MONGOLIA'S THERMAL COAL EXPORTS
Although rising fuel prices are putting some pressure on coal exports, market prices continue to trend upward. MMJ journalist B. Tugsbilegt spoke with B. Byambadagva, President of the Mongolian Coal Association, about the key challenges facing Mongolia's coal sector, opportunities to increase exports, trends in China's coal market, and related issues.
THE NEVER-ENDING TALKS WITH COMPANIES HOLDING STRATEGIC DEPOSITS
On May 11, Prime Minister N. Uchral invited the executives of companies holding strategically important mineral deposits to the State Palace to brief them on a new draft law that the government is preparing to submit to Parliament for implementation in the mining sector.
CHINA'S NFC SELECTED AS INVESTOR FOR COPPER SMELTER PROJECT
The Government of Mongolia has announced that China's Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC) has been selected as the investor and strategic partner for the project to establish a copper concentrate smelting and processing plant based on Erdenet Mining Corporation.