Mongolia

Mongolia will soon be one of the world’s key producers of coking coal, one of the two main ingredients for making steel. In 2011 the country overtook Australia as the single largest supplier of coking coal to China, the world’s biggest importer. As of late 2011 local coal mining firms were reporting lower prices than earlier in the year, as Europe’s...

In recent years the Mongolian Stock Exchange (MSE) has experienced solid growth, fuelled by capital inflows and foreign investment, in line with emerging economy bourses around the world. At the same time the market is constrained a by shortage of information and low liquidity. Like other frontier economies, Mongolia is in the midst of a long-term...

With its multi-party political system and lively level of public debate, Mongolia stands out as a democratic success story in a region not noted for its pluralism. Indeed, the individualism that is so much a characteristic of Mongolian society now underpins a political life that can seem quite at odds with those of its neighbours, both near and far...

THE COMPANY: Originally a state company, Sharyn Gol was partially privatised and listed on the Mongolian Stock Exchange in 1995.

As the mining sector moves from potential to actual production, one of the main challenges is to streamline the licensing system. Decisions in the past have left the country exposed to licence hoarding, environmental concerns and corruption.

Since it first held a general election, back in 1990, Mongolia has had a series of nationwide ballots, both for its parliament, the State Great Khural (SGKh), and for its president. The year 2012 sees elections for the SGKh held once again, with a variety of parties, groups and factions vying for power.