Mongolia

Mining investors’ sentiment has ebbed and flowed in line with Mongolia’s regulatory framework, with near-yearly attempts for either wholesale revisions to the Minerals Law or proposals for new legislation covering environmental standards, governance or foreign investment. Conscious of the need for a coherent and consistent regulatory approach,...

THE COMPANY: Prophecy Coal is an international company focused on developing its Ulaan Ovoo coal project and Chandgana 600-MW mine mouth power plant project in Mongolia. The company’s stock trades on the Toronto Stock Exchange, OTC Markets QX and the Frankfurt Stock Exchange with current market...

The social security system in Mongolia is surprisingly well developed. While health care benefits are low, the country offers a good range of support to almost all its citizens. Payouts for retirement are quite substantial. Still, improvements certainly are required, such as increased medical benefits and better funding of the programme. But a...

With the world’s 16th-largest proven uranium reserves according to the International Atomic Energy Agency’s 2011 Red Book, Mongolia is making progress to restart production and export for the first time since 1995.