Recent news
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services. Jacobs will provide engineering, procurement and construction management (EPCM) services for the project and will be responsible for implementation of the materials handling systems and associated surface and underground infrastructure.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services. Jacobs will provide engineering, procurement and construction management (EPCM) services for the project and will be responsible for implementation of the materials handling systems and associated surface and underground infrastructure.
Mongolia takes a U-turn
In a big boost to the drooping morale of the mining sector, Mongolia is all set to become a uranium extractor country again. The Executive Director of Mon-Atom LLC, E.Galbadral, told MMJ in April that talks with the French company Areva to put two deposits into the economic cycle were at an advanced stage.
Mongolia’s uranium: now and tomorrow
E.Odjargal finds out from E.Galbadral, Executive Director of Mon-Atom LLC, the current state of Mongolia’s uranium deposits, and what the future holds.
4 companies express interest in oil refinery
Four international companies – CPP-MAX (Mongolia-China consortium), ISN (Mongolia-UK JV), a Mongolia-Canada consortium, and a Mongolia-China consortium – have so far expressed their interest in building the proposed oil refinery in Bor-Undur soum in Khentii aimag, according to Industry Minister D. Erdenebat.
“China offers huge opportunities but also high risks”
Mongolia’s economic growth depends quite a lot on what happens in China. Dr. D.Shurkhuu of the Institute of International Studies at the Mongolian Academy of Science tells G.Iderkhangai how decisions taken at the recent meeting in Beijing of the National People’s Congress are likely to impact the Mongolian economy, especially its mining sector.
Managing resources: UB seminar shares experiences
Since boom-bust-boom cycles are normal in commodity markets, it is essential for resource-rich countries to manage their underground wealth prudently, through good times and bad. Some countries have done this more successfully than others, and Norway is taken to be among the best of them, while Mongolia realises it has not been particularly successful in fulfilling its potential.
First step for a long trek
An article in our Mongolian section last month, read together with its updated version in English in the present issue, will give hope to all who look forward to Mongolian State-owned enterprises functioning to their full potential, contributing more to the nation’s GDP, in both absolute and comparative terms.
