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Interview

  • 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. 
  • Mongolia has two major water consumption areas – Ulaanbaatar and the southern Gobi region. The first has population pressure, while the second is where mining and economic activity will become more and more intense.
  • N.Ariuntuya finds out from the Executive Director of Erdenes Tavan Tolgoi, D.Ariunbold, about the present state of affairs in the company, and the likely challenges ahead. Some bold decisions are long overdue to fulfil the company’s potential but these can be taken only at the political level.
  • As part of enrolling in the Extended Fund Facility (EFF) program at the International Monetary Fund (IMF), Mongolia has been committed to carrying out some important economic reforms, including that of its banking sector. B.Tugsbilegt of The Mongolian Mining Journal spoke to O.Erdembileg, First Deputy Governor of Mongolbank, the Central Bank of Mongolia, to find out more about the proposed banking reforms, and its current progress.
  • Prof. Dr. Hans-Werner Sinn, who retired in 2016 as President of the Ifo Institute and Director of the Centre for Economic Studies in Munich, Germany, was in Mongolia in 2013 and then again in August-September, 2017. Following his return home, he had an e-mail interview with B.Tugsbilegt of the MMJ on the economic situation here.
  • The thrust on reviving mineral exploration has led to a decision to issue special exploration permits on 41.4 million hectares of land, or 26.4% of Mongolian territory. Permits for 31.2 million hectares will be issued under application, while those on the remaining 10.2 million hectares will be decided under the selection process. N.Ariuntuya spoke to B.Baatartsogt, Head of the Mineral Resources and Petroleum Authority, to find out where and how matters stand.
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