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1995 - MAK founded Bumbat LLC, a Mongolian-Canadian joint venture, and became the fourth-largest gold producer in Mongolia 2000 - MAK diversified its business by starting thermal coal production 2002 - Qinghua-MAK Naryn Sukhait LLC , the first Mongolian-Chinese joint venture in the mining sector, was established
The Mongolian Stock Exchange, based in Ulaanbaatar, Mongolia, is the world's smallest stock exchange by market capitalisation. [2] [3] Its listed companies market capitalization was around US$1 billion in 2010 for 336 listed companies. Number of companies is continuing to decline.
The Mongolian Stock Exchange was established in 1991 as a vehicle to implement the government's plan for privatisation of large state-owned enterprises.In an attempt to ensure an equitable distribution of assets, the Mongolian government chose to instantiate a voucher-based scheme; one blue voucher worth MNT7,000 was issued to every citizen born before 31 May 1991 for the purchase of shares in ...
While not a mind-blowing move, it is good to see that the Mongolia Energy Corporation Limited (HKG:276) share price has gained 24% in the last three months. But spare a thought for the long term ...
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Mongolia is a landlocked unitary sovereign state in East Asia. Economic activity in Mongolia has traditionally been based on herding and agriculture, although development of extensive mineral deposits of copper, coal, molybdenum, tin, tungsten, and gold have emerged as a driver of industrial production. [ 1 ]
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Newcom Group (Mongolian: Ньюком Групп) (the official name: Newcom LLC) is a Mongolian investment company. Its portfolio includes MobiCom Corporation , the first and the largest mobile telecommunications company in Mongolia, and Eznis Airways , the largest domestic airline in Mongolia .