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Interview

  • 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. 
  • 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.
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