Latest Mongolia Mining Sector News

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Asian Battery Metals PLC has reported strong exploration progress in Mongolia, including excellent copper recoveries at its Oval project and high-grade copper-gold assays at Maikhan Uul, supported by a $6 million equity raise.
Maxwell Dee
Maxwell Dee
30 Jan 2026
Asian Battery Metals PLC advances its flagship Oval Cu-Ni-PGE discovery with Phase 3 drilling confirming mineralisation extensions and strong copper recoveries, while expanding its portfolio through a strategic option on the Maikhan Uul Cu-Au project.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Asian Battery Metals advances its Oval Cu-Ni-PGE project in Mongolia with significant down-dip extensions confirmed and new electromagnetic targets identified, setting the stage for an active Phase 4 drilling campaign.
Maxwell Dee
Maxwell Dee
29 Aug 2025
Asian Battery Metals PLC has secured an exclusive option to acquire the Maikhan Uul copper-gold project near its flagship Oval discovery in Mongolia, alongside a new exploration tenement, enhancing its critical minerals portfolio.
Maxwell Dee
Maxwell Dee
15 Aug 2025
Asian Battery Metals has confirmed significant extensions of massive sulphide zones and high-grade mineralisation at its Oval Cu-Ni-PGE discovery in Mongolia, setting the stage for follow-up drilling and metallurgical testing in the coming quarter.
Maxwell Dee
Maxwell Dee
30 July 2025
Bastion Mining has taken control of over 90% of Xanadu Mines shares through a takeover bid, moving swiftly to compulsory acquisition and setting the stage for the Kharmagtai project’s next phase.
Maxwell Dee
Maxwell Dee
29 July 2025
Asian Battery Metals PLC has announced robust assay results from its Phase 3 drilling at the Oval Cu-Ni-PGE discovery in Mongolia, confirming multiple massive sulphide intersections with significant copper, nickel, and precious metals. The results reinforce the continuity and scale potential of this emerging mineral system.
Maxwell Dee
Maxwell Dee
11 June 2025
Aspire Mining Limited has made significant strides in developing its Ovoot Coking Coal Project in Mongolia, securing key infrastructure bids and maintaining a robust financial position as it moves closer to production.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Xanadu Mines has transitioned operatorship of its flagship Kharmagtai project to Zijin Mining, delivered key feasibility milestones, and is now exploring strategic funding and corporate options amid a solid cash position.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Asian Battery Metals PLC has completed an oversubscribed A$3.96 million capital raise, fully funding its expanded 2025 exploration program focused on the promising Oval Cu-Ni-PGE discovery in Mongolia. Phase 3 drilling is underway, targeting deeper and along-strike extensions, with initial assay results expected in May.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Asian Battery Metals PLC is set to launch its 2025 Phase 3 exploration program at the Oval Cu-Ni project in Mongolia, aiming to extend high-grade mineralisation and explore new geophysical targets with up to 1500 metres of diamond drilling.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Xanadu Mines has delivered a landmark Pre-Feasibility Study and Maiden Ore Reserve for its Kharmagtai Copper-Gold Project, confirming its status as a world-class asset. The company also secured $7.5 million in funding and transitioned project operatorship to Zijin Mining, setting the stage for a Bankable Feasibility Study.
Maxwell Dee
Maxwell Dee
31 Jan 2025