Latest Mongolia News

Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.

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.

Rio Tinto reported robust third quarter 2025 production results, highlighted by record outputs in bauxite and copper, and an upgraded bauxite production forecast. Key projects like Simandou and Oyu Tolgoi continue to progress on schedule, underpinning the company’s growth trajectory.

Asian Battery Metals PLC’s due diligence drilling at the Maikhan Uul copper-gold project confirms more than 20 metres of massive sulphide mineralisation, validating historic data and advancing its acquisition option.

Asian Battery Metals PLC’s latest Phase 3 drilling results at the Yambat Project in Mongolia reveal expanded copper-nickel mineralisation and new high-conductance electromagnetic targets, underscoring the district-scale potential of this emerging magmatic sulphide system.

Jade Gas Holdings has secured a landmark five-year LNG sales agreement with UB Metan LLC, Mongolia’s largest natural gas importer, marking a pivotal step in its South Gobi coal bed methane project development.

Asian Battery Metals has confirmed excellent copper recoveries of up to 95% from metallurgical testing at its Oval Cu-Ni-PGE discovery in Mongolia, validating a straightforward flotation process for producing marketable copper concentrate.

Kincora Copper Limited has regained 100% ownership of its Mongolian copper-gold assets after Orbminco Limited's withdrawal, positioning itself to advance exploration and development at the promising Bronze Fox project.

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

Aspire Mining has extinguished legacy contract rights over its Ovoot and Nuurstei projects, regaining full marketing control and improving its cost structure and funding flexibility.

Kincora Copper has closed a fully subscribed $4 million private placement, positioning itself to advance drilling at its Condobolin project and expand its exploration portfolio.

Advanced Braking Technology (ABT) reported robust FY25 financial results marked by revenue growth and improved profitability, while advancing its strategic roadmap focused on mining safety innovations and global market expansion.