Recent news
Q1 export revenue, trade surplus highest ever
Figures revealed by the National Statistics Office show that foreign trade turnover in the first quarter of 2017 reached $2.76 billion, the highest amount for the first quarter in the past 5 years. Export revenue reached $1.3 billion, a 35% increase on a YoY basis, and also the highest first quarter earning ever, largely due to the fivefold increase in coal export earnings.
“Only consistency can bring back trust, but it takes time”
Australia-listed Aspire Mining Ltd, the largest coal tenement holder in the Orkhon-Selenge Coal Basin in northern Mongolia, is also the sole owner of its flagship Ovoot project, the second largest coking coal deposit by reserves in Mongolia. MMJ talks to David Paull, Managing Director of the company, on various issues in the Mongolian mining sector.
“Mongolia Mining 2017” expo to highlight coal industry
Mongolia Mining 2017, one of the biggest and most significant events in Mongolian mining industry is to be held on 5-7 April at Buyant Ukhaa Sports Palace, Ulaanbaatar city. We interviewed with T.Battulga, CEO of Minex Mongolia, the general organizer of the expo.