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Mining in Mongolia. Mongolia's copper and gold production rates from 2007 through 2011. Mining is important to the national economy of Mongolia. Mongolia is one of the 29 resource-rich developing countries identified by the International Monetary Fund [1] and exploration of copper and coal deposits are generating substantial additional revenue.
Website. www.ot.mn. The Oyu Tolgoi mine, also Oyuutolgoi ( Mongolian: Оюутолгой, pronounced [ɔˌjʊˑtʰɔɮˈɢœˑ]; lit. "Turquoise Hill"), is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately 235 kilometres (146 mi) east of the Ömnögovi Province capital Dalanzadgad.
Official Website. 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. [2]
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.
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.
Copper mining in Mongolia is a major industry and source of income for the country. There are only two companies that produce copper concentrate, Erdenet Mining Corporation , a Mongolian-Russian joint venture, and the Oyu Tolgoi mine , a joint venture between Rio Tinto Group , Turquoise Hill Resources , and the Government of Mongolia .
Website. http://boroogold.mn. Boroo Gold Mine is an open-pit gold mining site in Mongolia located about 110 km (70 mi) west-northwest of the capital Ulaanbaatar in Bayangol and Mandal sums (districts) of Selenge Province in northern Mongolia. Gatsuurt Gold Mine is 35 E from Boroo Gold Mine.
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The Ukhaa Khudag Coal Mine (UHG) is a coal mine in Tavan Tolgoi, Ömnögovi Province, Mongolia. History [ edit ] The commercial mining operation of the mine started in April 2009.
Founder and Chairman: Nyamtaishir Byambaa. President and CEO: Tselmuun Nyamtaishir. Brands. MAK Euro Block, MAK Euro Cement, MAK Euro Windoor, MAK Euro Venti. Number of employees. 3,000+. Mongolyn Alt (MAK) LLC is a conglomerate in Mongolia that is involved in gold, coal, and copper mining.