Latest Mongolia Mining News

Jade Gas Holdings has raised A$1.8 million through a well-supported placement to fund the development of Mongolia’s inaugural commercial gas production from the Red Lake gas field. This capital injection positions the company to advance key milestones in its flagship coal bed methane project.

Jade Gas Holdings has verified exceptionally high methane purity exceeding 97% at its Red Lake gasfield, underpinning its commercial LNG ambitions and opening new chemical feedstock opportunities.

Jade Gas Holdings has raised A$5 million through a placement to advance commercial gas production at its Red Lake field, with a follow-up Share Purchase Plan aiming to raise an additional A$2.1 million.

Asian Battery Metals has intercepted further massive sulphide mineralisation at its Oval copper-nickel project in Mongolia, expanding the known mineralised zone and confirming geological continuity between key areas.

Asian Battery Metals reports significant high-grade copper-nickel-PGE intercepts at its Yambat Oval project, confirming the potential for a sizeable magmatic sulphide system. The company plans an aggressive exploration campaign in 2025, backed by a solid cash position.

Orbminco Limited reports encouraging diamond drilling results at its Bronze Fox Copper-Gold Project in Mongolia, alongside progress on divesting its Mt Venn Project in Western Australia.