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Interview

  • Erdene Resource Development describes itself as “a company that is focused on creating value for all stakeholders, doing things ‘The Erdene Way’ ”. A core element of this “Erdene way” is its commitment to make positive contributions to local economic development.
  • D.Chandmani, Head of the Altai Uvur Gobi River Basin Authority, tells G.Iderkhangai that lack of enough water in the southern Gobi is an issue of concern for not just the mines there. There are options to stop the situation getting critical but not much can be done without government support, which is lacking. 
  • Following the laying of its foundation stone on 22 June, hopes are high that Mongolia will finally have the long-talked-about oil refinery. The investment of $1 billion is assured, and work should soon begin on the planned two-stage construction. G.Ider asks B.Ankhbayar, Head of the Division of Non-metallic Mineral Production at the Ministry of Mining and Heavy Industry, how things are at the moment.
  • On 7 June, the court trying the case between Save Noyon Mountain NGO and the Cadastral Section of Mineral Resources and Petroleum Authority of Mongolia (MRPAM) finally gave its ruling in favour of the NGO, after no fewer than 36 suspensions of hearing over some two years.
  • E.Odjargal finds out from B.Bayarsaikhan, head of the National Development Agency, how projects are selected for inclusion in the national investment programme and the strategic goals of the “Three pillar development policy”.
  • Hasu Megawatt LLC is one of the Mongolian companies that are growing together with the Oyu Tolgoi project, bringing in international expertise, cutting edge technology and sophisticated know-how, and thus preparing a new generation of high-skill local professionals for the mineral sector. The company’s major contribution to the industrial development of Mongolia is in producing complex equipment  and in coming up with engineering solutions to substitute expensive imports. E.Gankhulug, General Manager of the company, tells MMJ more about its operations and projects.
  • The Russia-Mongolia intergovernmental commission recently held its 21st meeting, where important issues were raised, as between two old friends, and important decisions taken, as would take the partnership forward in challenging times. E.Odjargal talks to long-time Russian Ambassador to Mongolia. I.K.Azizov, about the present state of bilateral cooperation, particularly in trade and mining, and the potential and pitfalls on its way to scale new heights.
  • A mega project cannot be developed without mega investment, so where is the money going to come from if Mongolia is to present Tavan Tolgoi as one of the major mineral deposits of the world? The obvious answer is an international IPO, but this has been talked about for so long, with so little actual progress, that some are beginning to lose faith it will ever happen and some others wonder if the optimal time to tap the global market has gone.  D.Achit-Erdene, President of Mongolia International Capital Corporation, is not among the pessimists, and in this interview he tells MMJ why.
  •  G.Iderkhangai finds out from E.Enkhbat, Executive Director of the Gold Producers’ Association, why the  sector thinks the Gold-2 programme is good on paper but poor in execution.
  • When P.Ochirbat, the country’s first President, academician and mining engineer, speaks, Mongolia listens. In a wide-ranging conversation with G.Iderkhangai, he speaks about issues in the mining sector. 
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