Industry News
Mongolia Anticipates Increased Returns from Revised Rio Tinto Agreement
Mongolia expects increased returns of ₮13 trillion from revised terms with Rio Tinto for the Oyu Tolgoi project, including lower fees and interest rates.
Region
Mongolia
57 published stories in this archive.
Industry News
Kincora Copper Secures Additional Proceeds from Mongolian Asset Divestment
Kincora Copper has received an additional US$1.5 million from the divestment of its Mongolian assets, totalling US$6.5 million, with a final payment of US$3.5 million expected by year-end.
Companies & Organisations
Erdenet Mining Corp Embraces Digital Transformation for Sustainable Operations
Erdenet Mining Corp is revolutionising its operations through digital transformation, enhancing efficiency and sustainability at its large porphyry-copper deposit in Mongolia.
Companies & Organisations
Erdene Resource Development Faces Investor Caution Amid Gold Project Execution Risks
Erdene Resource Development's stock fell 4.20% amid investor concerns over execution risks and market volatility affecting its gold production in Mongolia.
Companies & Organisations
Azzuro Resources Intercepts 21m at 1.70% Copper and 0.85g/t Gold at Mongolia’s Red Hill VMS Discovery as Shallow Gold Zone Extends to 600 Metres
Azzuro Resources' MU2603 hole at Mongolia's Red Hill project returned 21.45 metres at 1.70% copper and 0.85g/t gold, confirming higher grades up-dip from 2025 drilling, while RC results suggest a separate shallow…
Companies & Organisations
Rio Tinto Cuts Fees and Loan Interest at $18bn Oyu Tolgoi Mine After Mongolian Pressure and Protests
Rio Tinto has cut management fees by half and reduced loan interest by 2.5 percentage points at the $18 billion Oyu Tolgoi copper mine after Mongolian pressure and protests, though analysts warn…
Industry News
Mongolia Fails to Select Investor for Borteeg Coal Project
Mongolia has transferred development of the Borteeg coal deposit to Erdenes Tavantolgoi after no bidder in an international tender satisfied government requirements.
Industry News
Mongolia Seeks the Next Oyu Tolgoi While Exporting Drilling Talents Worldwide
Mongolia's drilling industry built its reputation on world-class projects like Oyu Tolgoi, but now faces a structural exploration decline, ageing workforce and licence imbalance even as its skilled drillers operate across more…
Companies & Organisations
Mongolia Seeks Larger Revenue Share from Rio Tinto’s Oyu Tolgoi Copper Mine
Mongolia is seeking a larger share of revenues and earlier profit payments from Rio Tinto’s Oyu Tolgoi copper mine.
Industry News
Uzbekistan and Mongolia Plan Joint Uranium Exploration Projects
Uzbekistan and Mongolia are preparing to launch joint uranium exploration projects.