Mar 21, 2016

Mongolian and Japanese policy-making organs on mining and coal sectors have co-organized a seminar entitled “Clean coal technology” with aims to stimulate coal exploitation and processing activities and the export.

Feb 04, 2016

In its regular meeting, the government of Mongolia has made a decision to construct oil refineries which have the capability of processing 2.5 million tons of crude oil a year under a national goal of providing the domestic market with petroleum.

Dec 02, 2015

Ranked fifth in the world by gold and copper resources, the Oyu Tolgoi mineral deposit is located in southern region of Mongolia. The transnational Rio Tinto Group is doing exploitation works there.

Nov 09, 2015

According to the Mining Weekly, the Turquoise Hill Resources is projected to raise money of 6.8 billion US dollars by end of this year for financing the Oyu Tolgoi underground mine.

Oct 28, 2015

The CEO of Erdenes Mongol LLC B.Byambasaikhan has announced the 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.