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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
In 2000, Erel was the second largest gold mining company in Mongolia after Mongol Gazar, with a 1364 kg yearly output, amounting to 12.9% of the national production. [1]
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. [2]
Boroo Gold Mine is an open-pit gold mining site in Bayangol and Mandal sums (districts) of Selenge Province in northern Mongolia. Gatsuurt Gold Mine is 35 E from Boroo Gold Mine. Boroo was owned by the Canadian mining company, Centerra Gold Inc. It began commercial production in March 2004 and produced more than 1.5 million ounces (46 tons) of ...
Pages in category "Mining companies of Mongolia" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. E.
Turquoise Hill Resources also owns 14% of Entree Gold, [11] a company with interests in copper and gold projects in southern Mongolia and Arizona, and 14% of Exco Resources which operates Cloncurry's copper project and the White Dam gold mine in Australia. [12] The company's largest shareholder is Rio Tinto, with a stake of 50.8%. [13]
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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.