Ulaanbaatar /MONTSAME/ A lobby group to support responsible mining was established by some parliament members. MPs A.Undraa, N.Amarzaya, Ts.Garamjav, Ya.Sodbaatar, O.Sodbileg, G.Temuulen and J.Bat-Erdene initiated the lobby group to raise an issue of responsible mining development at legislative level within legal framework.
Ulaanbaatar /MONTSAME/ In scope of the legal reforms of the mining sector, parliament has adopted draft amendments to the laws on minerals, on nuclear energy, on the budget and on the Human Development Fund (HDF), said R.Jigjid, the Minister of Mining at the “Hour of Minister” weekly meeting on Thursday.
Ulaanbaatar /MONTSAME/ Representatives of the “Areva Mongolia” LLC has presented a course of a joint project, being implemented in the radioactive mineral sector, and some urgent problems.
Ulaanbaatar /MONTSAME/ At the “Transparent Mining” press conference on December 3, the Minister of Mining R.Jigjid gave updates on the foreign cooperation of his Ministry over the last month.
Ulaanbaatar /MONTSAME/ In the first ten months of 2015, 18.2 million tons of coal, 12.5 tons of gold and 975.8 thousand tons of oil were extracted in Mongolia.
Ulaanbaatar /MONTSAME/ At the monthly “Transparent Mining” press conference held December 3, the Mining Ministry's officials recalled the attempt to self-immolation by S.Erdene, a leader of “Solidarity” Trade Union, as a protest to the structural change within the employer-Erdenes Tavantolgoi JSC.
Ulaanbaatar /MONTSAME/ A total of 40 open pit mines and three concentrate plants were commissioned in 2015, creating 5,342 jobs. The total amount of all projects cost some 1.2 billion MNT.
Ulaanbaatar /MONTSAME/ The Oyu Tolgoi LLC Monday announced an update on its performance for the third quarter of the fiscal, ending 30 September, 2015.
Ulaanbaatar /MONTSAME/ A forum of suppliers for the Oyu Tolgoi Underground Mine Development is being held at the Academic Theatre of Opera and Ballet. Some 600 companies from 29 countries are taking part in this forum, sharing information and discussing cooperation.
Ulaanbaatar /MONTSAME/ A the CEO of Erdenes Mongol LLC B.Byambasaikhan has announced that a first installment–USD 4.2-4.6 billion of the funding for Oyu Tolgoi Project (Phase II) Underground Mine Development--will be taken out as loans from 19 international banks.
Ulaanbaatar /MONTSAME/ Oyu Tolgoi LLC announced Tuesday its in-country spend, from 2010 to the third quarter of 2015, had passed USD 5.13 billion or 10.2 trillion Togrog.