Latest Mongolia News

Azzuro Resources has confirmed high-grade copper-gold-zinc-silver mineralisation over nearly 550 metres of strike at its Red Hill project in Mongolia, with the system remaining open in all directions and metallurgical testing set to begin in Q3 2026.

Rio Tinto reported a 3% year-on-year increase in copper equivalent production for H1 2026, driven by Oyu Tolgoi’s 31% growth and record iron ore output in the Pilbara, while maintaining full-year guidance amid geopolitical headwinds.

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Ballymore Resources has kicked off a deep Magnetotelluric survey at its Dittmer Project, aiming to pinpoint a concealed porphyry copper-gold system beneath a historic high-grade gold mine while advancing underground development and resource drilling.

Azzuro Resources has reported robust high-grade copper-gold-zinc-silver mineralisation from its 2026 drilling at the Red Hill VMS Project, with assays confirming thicker and richer sulphide zones than previous drilling. Shallow gold zones extending over 600 metres add to the project's exploration upside.

TMK Energy’s Gurvantes XXXV Pilot Well Project posted an 8% rise in average daily gas production in June 2026, driven by a second significant gas spike at well LF-07. The company has selected Major Drilling to execute its upcoming drilling and workover program scheduled to start in August.

Azzuro Resources has completed its first phase of drilling at the Red Hill Copper-Gold VMS Project in Mongolia, confirming continuity of a substantial massive sulphide system and identifying a high-grade copper interval. Assays are pending as geophysical surveys prepare to refine targeting.

Azzuro Resources has reported thick, high-grade copper-gold-zinc-silver mineralisation from drillhole MU2601 at its Red Hill project, while drillhole MU2605 visually extends the massive sulphide zone by 124 metres, highlighting a substantial polymetallic system still open along strike and at depth.

Jade Gas has appointed Richy Xie as a strategic advisor to deepen its Asia-Pacific engagement while securing A$12 million in a premium-priced placement to accelerate its Mongolian gas project development.

TMK Energy reports a steady increase in gas output and launches a 1MW Gas to Power pilot in Mongolia, aiming to boost well performance and secure a production license.

Jade Gas Holdings has achieved a historic milestone with Mongolia’s first-ever approval of coal seam gas reserves, unlocking the path to commercial development of its TTCBM Project in the South Gobi.

Xingye Gold (Hong Kong) Mining Company Limited has launched an off-market takeover offer for all remaining shares in Far East Gold Ltd (ASX:FEG) at $0.13 cash per share, offering shareholders a premium amid stalled projects and funding concerns.