Latest Mongolia News

Lion Selection Group has sold its stake in Erdene Resource Development Corp for A$12.3 million, securing a strong return and announcing a 2 cents per share fully franked special dividend for shareholders.

IPD Group has reported record full-year results for FY25, with revenue surging 22.1% to $354.7 million and net profit rising 17% to $26.2 million. The company’s growth is underpinned by strategic acquisitions and strong demand in data centres and EV infrastructure.

Kaili Resources has officially confirmed a change of control with Mr Jianzhong Yang now holding over 60% of shares, alongside a significant board reshuffle. The company remains focused on advancing its rare earth elements exploration in South Australia.

Jade Gas Holdings has confirmed continuous gas flow from its second production well at the TTCBM Project, reinforcing the project's commercial viability and advancing Mongolia’s largest coal seam gas development.

Orbminco Limited is proposing a 20 – 1 consolidation of its issued shares to streamline its capital structure and broaden investor appeal, with shareholder approval sought in September.

Orbminco Limited reports promising new geophysical survey results at its Bronze Fox Project in Mongolia while navigating a significant tax dispute currently under appeal.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

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.

Jade Gas Holdings has achieved a landmark milestone with gas flowing from its first horizontal production well in Mongolia’s Tavantolgoi CBM Project, marking a critical step toward commercial gas operations.

Orbminco Limited has announced the upcoming resignation of Managing Director Ralf Kriege, effective November 7, 2025, marking a significant leadership change for the copper and gold explorer.

TMK Energy has safely drilled and cased the LF-07 pilot well at its Gurvantes XXXV Coal Seam Gas Project, intersecting 54 metres of net coal and setting the stage for imminent production.

TMK Energy has forged a strategic alliance with Beijing-based J-Energy to accelerate development planning for its Gurvantes XXXV Coal Seam Gas project in Mongolia, leveraging J-Energy’s technical expertise and Chinese market connections.