HONG KONG - Mongolian Mining Corporation (SEHK:975) released operational results for the quarter ended June 30, 2026, according to a press release statement.

The company produced 2,814.1 thousand tonnes of washed coking coal during the second quarter, representing a 24% increase from the previous quarter and a 29% increase year-over-year. Washed coking coal sales reached 2,688.1 thousand tonnes, up 5% quarter-on-quarter and 55% compared to the same period in 2025.

Run-of-mine coal mined totaled 4,424.4 thousand tonnes, down 9% from the first quarter of 2026 but up 29% year-over-year. The company processed 4,509.8 thousand tonnes of ROM coking coal during the quarter.

The company operates the Ukhaa Khudag coking coal mine through its wholly-owned subsidiary Energy Resources LLC and the Baruun Naran coking coal mine through majority-owned Khangad Exploration LLC. Both mines are located in Umnugobi province, Mongolia.

In gold operations, Erdene Mongol LLC, in which the company holds a 50% equity stake, sold 11,709 ounces of gold from the Bayan Khundii mine during the quarter, up 37% from the previous quarter. The weighted average gold price was $4,493 per ounce, down 8% from the first quarter. Ore mined increased 60% quarter-on-quarter to 247.2 thousand tonnes.

The company also holds a 50.5% stake in Universal Copper LLC, which is developing the White Hill copper deposit and Urkhut silver deposit in Bayankhongor province.

The operational data are unaudited and derived from internal records. The company noted that various factors including force majeure events, market conditions, and regulatory changes may affect results.

Published Date:2026-07-23