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Narantsogt.S joins “Erdenes Mongol” and Khulan.O remains

Narantsogt.S joins “Erdenes Mongol” and Khulan.O remains

The Executive Director position of "Erdenes Mongol" has been vacant for almost a year. O.Khulan, the first deputy director of the company, has been...

The Cabinet discussed the issues related to Erdenes Mongol LLC and made the following decisions

The Cabinet discussed the issues related to Erdenes Mongol LLC and made the following decisions

The Cabinet discussed the issues related to Erdenes Mongol LLC and made the following decisions...

President’s visit: spotlight on coal

President’s visit: spotlight on coal

The President of Mongolia Khurelsukh Ukhnaa paid an official visit to China on November 27- 28 and Japan on November 29-December 2, 2022....

39 Underground mine licenses remain active

39 Underground mine licenses remain active

The Expert Council of Mineral Resources received the technical and economic evaluation of 49 underground mines and 16 combined open-pit and underground mines...

GoM sets up a special legal regime at “Erdenes Tavantolgoi” JSC for 6 months

GoM sets up a special legal regime at “Erdenes Tavantolgoi” JSC for 6 months

The Government of Mongolia (GoM) recently approved a resolution that would establish a special legal regime at #ErdenesTavanTolgoi JSC for 6 months, starting...

Ot sets up a network of reliable suppliers

Ot sets up a network of reliable suppliers

Mongolia’s economy shrank during the pandemic and entrepreneurs had no choice but to curtail their businesses....

Gold mining companies with nonperforming loans:

Gold mining companies with nonperforming loans:

The outstanding balance of loans issued by the Development Bank to the mining industry now totals MNT 402.8 billion....

Mongolia’s state-owned mining enterprises: A deeper look into glass accounts data

Mongolia’s state-owned mining enterprises: A deeper look into glass accounts data

Mongolia’s Glass Accounts Law (2014) requires that government entities and stateowned enterprises (SOEs) disclose detailed financial and operational...

GOM sets up two flagship firms in charge of copper and coal industries

GOM sets up two flagship firms in charge of copper and coal industries

Under the recent restructuring plan of the Government of Mongolia (GoM), two subsidiaries have been established under Erdenes Mongol LLC, a state-involved...

More uncertain than previously anticipated

More uncertain than previously anticipated

The poor will only be poorer and the vulnerable will only look for welfare with the current pace of the economy....

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