Latest Mongolia News

Asian Battery Metals has confirmed expanded high-grade copper and gold mineralisation at its Maikhan Uul project in Mongolia, with new surface and drilling results revealing a larger and more complex system than previously known.

Aspire Mining has secured a $69.9 million lump-sum EPC contract with China Coal Technology and Engineering Group’s international arm, significantly de-risking its Ovoot Coking Coal Project and targeting first coal production by late 2027.

Asian Battery Metals PLC reports outstanding metallurgical test results from its Oval Cu-Ni-PGE project in Mongolia, confirming high copper recoveries of up to 95% with a simple flotation process and no penalty elements. Nickel concentrate optimization is underway, supporting the project's development trajectory.

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.

Asian Battery Metals confirms a significant 30% strike extension of sulphide mineralisation at its Oval Cu-Ni-PGE project in Mongolia, supported by new drillhole visuals and assay results. The company advances plans for deeper drilling and regional exploration to build a critical metals cluster.

Asian Battery Metals PLC has reported compelling high-grade copper and gold assay results from its due diligence drilling at the Maikhan Uul project in Mongolia, reinforcing the project's potential as a key copper-gold resource in Central Asia.

TMK Energy has achieved a new record in daily gas production at its Gurvantes XXXV Coal Seam Gas Project, signaling strong progress toward commercial output in 2026. A recent technical workshop with partner J-Energy confirmed the project's robust economic potential.

Kincora Copper Limited has closed a C$4 million non-brokered financing and expanded its exploration portfolio with eight active projects, advancing drilling programs alongside major partners. The company reported a net loss of CAD 2.786 million for the nine months ended September 30, 2025.

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

Asian Battery Metals PLC reports new assay results confirming extensions of copper-nickel mineralisation at its Oval Cu-Ni-PGE project in Mongolia, highlighting the growing scale and consistency of the deposit.

TMK Energy Limited has reported record-breaking gas production at its Gurvantes XXXV Coal Seam Gas Project in October 2025, with output continuing to rise into November. The company also appointed a new Operations Superintendent to drive operational efficiencies and explore power generation opportunities.

Jade Gas Holdings has appointed industry veteran Chris Newport as Managing Director to spearhead its transition from exploration to production in Mongolia’s coal bed methane sector. Newport’s extensive global experience is expected to accelerate the company’s commercialisation efforts ahead of first gas output.