1 MONGOLIA'S FOREIGN TRADE UP 10.2 PCT IN JAN.-MAY WWW.XINHUANET.COM PUBLISHED:2019/06/13      2 TRADE TURNOVER REACHES USD 5.6 BILLION AS OF MAY WWW.ZGM.MN PUBLISHED:2019/06/13      3 SHARP : BUILDS MEGA SOLAR PLANT NEAR NEW ULAANBAATAR INTERNATIONAL AIRPORT, MONGOLIA WWW.MARKETSCREENER.COM PUBLISHED:2019/06/13      4 PRESIDENTS OF KYRGYZSTAN AND MONGOLIA SIGN NUMBER OF DOCUMENTS WWW.24.KG PUBLISHED:2019/06/12      5 ONLINE SYSTEM FOR BUDGET INVESTMENT LAUNCHES WWW.MONTSAME.MN PUBLISHED:2019/06/12      6 CABINET ISSUES PERMIT OF RAILWAY INFRASTRUCTURE CONSTRUCTION WWW.MONTSAME.MN PUBLISHED:2019/06/12      7 MAKING THE DEADLY UB-DARKHAN HIGHWAY SAFE WWW.NEWS.MN PUBLISHED:2019/06/12      8 COOPERATIVE TECHNICAL AND VOCATIONAL EDUCATION AND TRAINING PROJECT LAUNCHED WWW.MONTSAME.MN PUBLISHED:2019/06/12      9 MONGOLIA, LITHUANIA SIGN ROAD TRANSPORT AGREEMENT WWW.AKIPRESS.COM PUBLISHED:2019/06/12      10 TRANSIT FREIGHTS ON THE RISE AMID GROWING TRADE BETWEEN RUSSIA AND CHINA WWW.ZGM.MN PUBLISHED:2019/06/12      БНКУ, МОНГОЛ УЛСЫН ХУДАЛДАА СҮҮЛИЙН ЖИЛҮҮДЭД БУУРЧЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/06/13     ТАВАНТОЛГОЙ-ЗҮҮНБАЯНГИЙН ТӨМӨР ЗАМЫН АЖЛЫН ЗӨВШӨӨРЛИЙГ “МОНГОЛЫН ТӨМӨР ЗАМ” ТӨХК-Д ОЛГОЛОО WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/13     V САРД МАХ, ШАТАХУУНЫ ҮНЭ ИНФЛЯЦИД ГОЛЛОН НӨЛӨӨЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/06/13     27 САЯ АМ.ДОЛЛАРЫН САНХҮҮЖИЛТЭЭР АЛТАНБУЛАГ, СҮХБААТАР БООМТЫГ ШИНЭЧЛЭХЭЭР БОЛЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/06/13     МОНГОЛ УЛСАД АЖИЛЛАХ ХҮЧНИЙ 1.3 САЯ ХҮН БАЙНА WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/13     I-V САРД ЧУЛУУН НҮҮРСНИЙ ЭКСПОРТ ӨМНӨХ ОНЫ МӨН ҮЕЭС 7 ХУВИАР ӨСӨЖ,15.1 САЯ ТОНН БОЛЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/06/13     ХУГАЦАА ХЭТЭРСЭН ЗЭЭЛ ӨМНӨХ ОНООС 12.7%-ААР БУУРЧ, ЧАНАРГҮЙ ЗЭЭЛ 61.8% ӨСЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/06/13     МОНГОЛ УЛСЫН ТӨСӨВ 146.1 ТЭРБУМ ТӨГРӨГИЙН АШИГТАЙ ГАРЧЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/13     "ГАЗРЫН ТОСНЫ ҮЙЛДВЭРИЙН ЦАХИЛГААНЫ ДЭД СТАНЦЫГ ДОЛООДУГААР, АВТО ЗАМЫГ ЕСДҮГЭЭР САРД ХҮЛЭЭЛГЭЖ ӨГНӨ" WWW.IKON.MN  НИЙТЭЛСЭН:2019/06/12     УУЛ УУРХАЙН САЛБАРТ ОРЖ ИРСЭН ГШХО 16 ХУВИАР БУУРЧЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/06/12    

Miners start the year with revenue growth www.zgm.mn

Mining projects that have a major impact on Mongolia’s economy saw splendid expansion in the first quarter. The Top 100 Mongolian firms included Erdenet Mining Corporation (EMC), Erdenes Tavan Tolgoi (ETT) and Oyu Tolgoi (OT). These companies paid a total of MNT 2.1 trillion to the state budget last year.

Copper

Oyu Tolgoi, one of the main mining projects in Mongolia, spent USD 296.4 million on underground development in the first quarter of this year. The second shaft is still ongoing and it is expected to end in October.

Xanadu Mines, listed on the Australian Stock Exchange announced the result of additional exploration at Kharmagtai deposit. In the first quarter of this year, the capital balance of the company reached AUD 3.1 million, while post-tax losses nearly halved from the same period last year. The share price of the company reached AUD 0.08 at the Australian Stock Exchange.

Gold

Erdene Resource Development Corp. (ERD), Toronto Stock Exchange (TSX) and the Mongolian Stock Exchange (MSE) listed firm, has conducted drilling at the Khundii field and expanded the mineralization of the Bayan Khundii deposit. The company explained its plans in a report to support the feasibility study of the project. “The exploration of the project on the Midfield area found 5.9 grams of gold per tonne at a depth of 112 meters per. This affirms the high mineralization in the main part of the Bayan Khundii deposit,” said the CEO of the company Peter Akerley. The share prices of ERD at the TSX reached CAD 0.19.

Coal

SouthGobi Resources, operating at Ovoot Tolgoi mines increased its coal sales by over 80 percent to 1.1 million tons in the first quarter of the year. The average selling price of the company has decreased from USD 43 in 2018 to USD 34.9. The net profits have doubled from the previous year to USD 13.4 by reducing the cost.



Published Date:2019-05-24