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Mongolia hosts 0.2% of the world's known coal reserves at an estimated 162 billion tonnes in 2011 with 17 operating coal mines. Mongolia exported 73% of the 25 million tons of coal produced in 2010, making it the country's largest export (which had previously been copper).
The Oyu Tolgoi mine is in the South Gobi Desert of Mongolia, 80 kilometres (50 mi) north of Mongolia's border with the People's Republic of China, where the mined copper is expected to be shipped. Oyu Tolgoi deposits contain an estimated 2.7 million tonnes of copper and 1.7 million ounces (48,000 kg) of gold. [6]
Erdenet Mining Corporation (Mongolian: Эрдэнэт үйлдвэр English: Precious factory) is a mining corporation in Erdenet, Mongolia. The city was built in 1974 to exploit Asia's largest deposit of copper ore and is the fourth largest copper mine in the world.
Mongolian Mining Corporation (MMC) is a Mongolian coking coal producer listed in the Hong Kong Stock Exchange. It is the largest coal mining company in Mongolia, owning two coal mines located in the Gobi Desert, namely the Ukhaa Khudag mine and the Baruu Naran mine.
Today we'll evaluate Mongolian Mining Corporation (HKG:975) to determine whether it could have potential as an...
Its location in the South Gobi province, is 80 kilometres (50 miles) from the border with China and is termed as a mega mine in Mongolia. Its mining operations are a joint venture of Rio Tinto (a UK-based mining transnational), Turquoise Hill and the Mongolian government.
It is owned and mined by the Mongolian Mining Corporation (formerly Energy Resources LLC); they were granted a mining license in August 2006, and began mining in April 2009. MMC has contracted Leighton Asia to conduct mining operations at the site.
Mongolyn Alt (MAK) LLC is a conglomerate in Mongolia that is involved in gold, coal, and copper mining. It was founded by Nyamtaishir Byambaa in 1993 and is privately owned.
The Mineral Resources Authority of Mongolia (MRAM) is an agency of the Government of Mongolia which is responsible for the mining and mineral industry of Mongolia. The mining industry accounts for 89% of Mongolia's exports and over 20% of the country's gross domestic product.
Gatsuurt Gold Mine is a planned open-pit gold mining site in Mongolia located about 110 kilometers (70 mi) north of the capital Ulaanbaatar in Mandal sum (district) of Selenge Province in northern Mongolia.