Mining The Resources
Minding the future
Эрдсийг эрдэнэст
Ирээдүйг өндөр хөгжилд
Recent news
Two views on the proposed Future Heritage Fund Among the most important discussions Parliament will have in the Autumn session is one on the draft law on the proposed Future Heritage Fund, submitted by the President on 12 June, 2015. I
“Being in business is like running a marathon race” Erdenes Mongol CEO B.Byambasaikhan tells S. Bold-Erdene why State-owned companies should be kept free of political interference, and why corporate success comes from vision, planning, and preparedness.
Why aimags are wary of new exploration licences G.Ider asked some local government officials why most aimags are opposing grant of exploration licences in their territory. We give their explanations in their own words.
Time for the bond baby’s first haircut Mongolian babies have their first ritual haircut around when they are three years old. This time has now come for a national baby brought to the world in the hot September of 2012, which the Mongolian Government named after Chinggis.
For better journalism in the Western Region As we in the Journalism for Development team set out for Bayankhongor aimag, I glanced through the pages of the book ‘The Heritage of Khongor Nutag’, which is how the aimag is generally called. Established in 1941, the aimag now is home to 82,000 people.
A community is a stakeholder, and deserves respect Inside this issue is the text of a presentation by Jocelyn Fraser, Professor at the Norman B. Keevil Institute of Mining Engineering in Canada’s University of British Columbia, where she shows how mining projects have been facing serious risks in the past five years, and how new trends are emerging in the sector. The presentation was given at a conference on Sustainable Development in the Minerals Industry (SDIMI), held on July 13-15 in Vancouver.
”For Mining without Populism” ”Discover Mongolia-2015” International Mining Investors’ Forum will take place from 3-4, September 2015 at the Corporate Convention Center in Ulaanbaatar, Mongolia. The event will feature a two day conference, an investors’ exchange exhibition and other Forum events.
The facts behind fictitious companies bleeding Mongolia Decisions expected to have been taken by the government and Parliament in the first half of 2015 would be vital for Mongolia’s economic development but some of them are yet to be made (at the time of writing), keeping the fate of some projects uncertain. The government’s stand on some of these is known, but whether it will have its way is an open question.
“No real transparency without people’s involvement” Clare Short, International EITI Chair, was recently in Mongolia at the invitation of the Government’s Cabinet Secretariat. She spoke to G.Iderkhangai of the MMJ on the sidelines of an EITI event in Bayangol soum, Selenge aimag.
Expo Mongolia: Investors pin their hope on Mongolia’s economic revival Popularly perceived as successor of Future Mongolia, held to much acclaim in 2012 and again the next year, Expo Mongolia 2015, organized by Planetfair and JV Messemanagement in Buyant Ukhaa sports complexin Ulaanbaatar from March 23-25, was a huge success, bringing some hope that Mongolia would soon be out of its present economic difficulties.
MNMA chief faults online licensing process Mongolian National Mining Association (MNMA) President N.Algaa answers MMJ’s questions on the recently started practice of online issuance of exploration licences.
MMJ brings mining stakeholders closer 1. Journalism for Development, an NGO, was formed under the aegis of the Mongolian Mining Journal to focus on training young journalists to write quality reports and produce quality TV programmes on subjects related to the economy in general and to mining in particular.
“We have enough water we have no real water policy” Dr J. Dalai, Director of the National Water Centre, an NGO, and General Director of the Prestige Group, tells N. Ariuntuya of MMJ that water scarcity fears are exaggerated and a well-designed and properly implemented national water consumption policy is essential for healthy economic development.
SAFETY FIRST - 2015 CONFERENCE Our sincere greetings on behalf of the organisers to all participants at the SAFETY FIRST-2015 Conference. We would also like to thank the Mongolian Mining Journal for its cooperation with the initiators and organisers of the conference.
Turquoise Hill provides details on OT Underground Mine Development and Financing Plan Further to today’s joint announcement by Turquoise Hill Resources, the Government of Mongolia and Rio Tinto, the Company is providing additional details in connection with the Oyu Tolgoi Underground Mine Development and Financing Plan (the Mine Plan), which provides a pathway forward in addressing outstanding shareholder matters to restart underground development.
“It will be better to get a mediator in the Rio dispute” Recently Mongolia lost a case submitted by Khan Resources to arbitration and the Rio Tinto dispute also might be referred to arbitration. S.Bold-Erdene talks to arbiter and legal advisor T.Altangerel to find out more about what the process entails.
Price slump makes North Korea step up mining output The sharp fall in global commodity prices is starting to have an impact on North Korea, a state that relies heavily on exports of minerals to keep its economy afloat — and its gargantuan military funded.
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