The Mongolian Mining Journal

2nd Minerals 2025

“I feel the current law protects the interests of all-the Government, the investor, and the local community” Following Parliament’s adoption of the Revised Law on Petroleum in July, a working group was set up at the Ministry of Mining and Energy to develop the procedures and regulations to help implement the new law. G.Iderkhangai talks to a Senior Specialist in the Fuel Policy Department, A.Purev, to find out more.

A bank of dirt becomes a stone wall In October, 2014, the Government of Mongolia sent invitations to six parties to bid for Tavan Tolgoi, according to Decree No.268 of the Government, of which the full text was published in the Mongolian Mining Journal.

5th Mining Journal Awards

Sharyn Gol’s coal washing plant to be ready in Q1 Sharyn Gol JSC expects to commission a 600,000-tons-per-year coal-washing plant before the end of the first quarter of 2015.

Darkhan Metallurgy commissions iron ore wet concentrate plant State-owned Darkhan Metallurgy has commissioned a wet-concentrate plant, the largest in Mongolia, with capacity to process one million tons of iron ore per year, using wet magnetic separators.

A Czech-Mongolian Business Forum

Economic impact Assessment of Ulaanbaatar power Plant #5 Economic Research Institute, researcher D.Erdenebulgan

ZMEngineering becomes Hardox Wear Part Center In 15th December 2014, ZMEngineering (ZME) LLC the Mongolian mining metal structure manufacturing and design engineering company,has started cooperation with the world-leading company in special steel, SSAB’s HardoxWearparts.

“Our focus has shifted to the private sector” E.Odjargal asks the Ambassador of Japan to Mongolia, Takenori Shimizu, about how bilateral ties are getting stronger and much else besides.

PM raises hopes, but not for overnight change The very first speech made by the new Prime Minister, Ch.Saikhanbileg, gave people hope that the Government under his leadership indeed has a well thought out “recipe” to tackle the economic crisis.

The world’s first CCS plant begins to work in Canada, but will it work in Mongolia? The September issue of this publication contained a very informative article (‘Mega China-Mongolia coal project waits for final feasibility study’ by B.Tugsbilegt) but I am not sure how many readers knew how close we were to the inauguration of the world’s very first commercial-scale plant equipped with carbon capture and storage

Chinese driller strikes oil at Khanbogd A Chinese company, Zon Hen Yu Tian, has struck oil at the Galba 11 exploration site at Khanbogd Soum, Umnugovi Aimag. Galba 11 is one of 22 projects where four foreign companies received an exploration licence in 1992. Incidentally, these licences are due to expire very soon.

Rio Tinto poised for $2.5-billion write-off on Oyu Tolgoi A report in The Australian suggests Rio Tinto is set to take a $2.5-billion writedown on the troubled Oyu Tolgoi project, where delays have contributed to a $2.5-billion reduction in the project’s value.

Energy Resources exports 54% of total coal export Some 64 per cent of the total coal exported in the first nine months of this year went through the Gashuunsukhait port, most of it from the Tavan Tolgoi deposit.

MPs find financial irregularities in Erdenes TT A seven-member team of MPs appointed by the Economic Standing Committee claims to have unearthed several instances of misuse of funds at Erdenes Tavan Tolgoi LLC.

PM raises hopes, but not for overnight change The very first speech made by the new Prime Minister, Ch.Saikhanbileg, gave people hope that the Government under his leadership indeed has a well thought out “recipe” to tackle the economic crisis.

Gal Undesten says it will sue Areva subsidiary in international court The environmental and human rights movement Gal Undesten (Fire Nation) has announced that it will move the International Court of Justice (ICJ) against Cogegobi LLC, an Areva Mongol subsidiary, if the latter does not agree to halt its operations in Mongolia.

New Russian-Mongolian JV to mine Asgat A joint venture between Erdenes Mongol and RosTec, both State-owned companies, will be formed to exploit the Asgat silver deposit, EM Executive Director O.Sainbuyan has revealed.

Tavan Tolgoi gets ready for new suitor, at long last The bride has grown old since her beauty drew a bunch of the most eligible suitors in the autumn of 2008. The dowry for the world’s second biggest coking coal deposit has been increasing since then. We talk of Tavan Tolgoi.