1 AUS-BRITISH MINER'S PLIGHT IN MONGOLIA HAS 'CHILLING EFFECT' ON INVESTMENT WWW.MININGMAGAZINE.COM  PUBLISHED:2025/04/03      2 ULAANBAATAR INTRODUCES ADVANCED AI SOFTWARE TO SUPPORT POLICE INVESTIGATION WWW.MONTSAME.MN PUBLISHED:2025/04/03      3 ION ENERGY SECURES $13.5M DEAL WWW.INSIDEMONGOLIA.MN PUBLISHED:2025/04/03      4 PROGRESS OF NATURAL GAS PIPELINE PROJECT PRESENTED TO CABINET WWW.MONTSAME.MN PUBLISHED:2025/04/03      5 ULAANBAATAR TO IMPLEMENT 24 MEGA PROJECTS UNDER INTERNATIONAL FIDIC CONTRACT STANDARDS WWW.MONTSAME.MN PUBLISHED:2025/04/03      6 INTERBANK TRANSACTIONS NOW USE IBAN NUMBERS WWW.MONTSAME.MN PUBLISHED:2025/04/03      7 MEERECOMPANY SIGNS MOU WITH THE MONGOLIAN CENTER FOR HEALTH DEVELOPMENT WWW.SURGICALROBOTICSTECHNOLOGY.COM PUBLISHED:2025/04/03      8 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      9 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      10 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      ИПОТЕКИЙН ЗЭЭЛИЙН ДААТГАЛЫН ӨӨРЧЛӨГДСӨН ЗОХИЦУУЛАЛТ VIII/01-НЭЭС ХЭРЭГЖИНЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     “ASPIRE MINING” 2024 ОНД A$6.6 САЯЫН ЦЭВЭР АШИГТАЙ АЖИЛЛАСНАА ТАЙЛАГНАЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     ЕАЭЗХ-ТОЙ ЧӨЛӨӨТ ХУДАЛДААНЫ ХЭЛЭЛЦЭЭР БАЙГУУЛСНААР ДНБ-ИЙ ӨСӨЛТ 6.1 ХУВИАР БУУРАХ ЭРСДЭЛТЭЙ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     НИЙСЛЭЛИЙН 18 БАЙРШИЛД ОЛОН ТҮВШНИЙ УУЛЗВАР БАРИНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/03     ХХОАТ-ЫГ 1 ХУВЬ БОЛГОХ САНАЛЫГ ТӨСВИЙН БАЙНГЫН ХОРООНД ШИЛЖҮҮЛЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/03     ГЕГ: АНУ-Д ХИЙСЭН ЭКСПОРТ 2024 ОНД $166.3 САЯ БОЛЖ, ӨМНӨХ ОНООС 4.5 ДАХИН ӨССӨН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     ХӨСҮТ: УЛААНБУРХНЫ 253 ТОХИОЛДОЛ БАТЛАГДАЖ, 7220 ХАВЬТАЛ БҮРТГЭГДЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/03     “JADE GAS” КОМПАНИ "УЛААН НУУР" ТАЛБАЙДАА ХОЁР ДАХЬ ХЭВТЭЭ ЦООНОГИЙН ӨРӨМДЛӨГӨӨ ЭХЛҮҮЛЭВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     БАНК ХООРОНДЫН ГҮЙЛГЭЭНД IBAN ДАНСНЫ ДУГААР АШИГЛАЖ ЭХЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/03     УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

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Ivanhoe’s Kamoa-Kakula to begin copper production within a month www.mining.com

Ivanhoe Mines (TSX: IVN) announced on Monday it is accelerating the construction and commissioning progress at the Phase 1 Kamoa-Kakula concentrator plant in the Democratic Republic of Congo.
The target date for C4 commissioning (milling of ore and first copper concentrate production) has been advanced to the end of May or early June — several months ahead of schedule.
Overall construction of the Kamoa-Kakula project’s first phase 3.8-Mtpa concentrator plant is essentially complete (98%), the company says, with the majority of the C1 (construction complete) certificates signed off.
The plant is energized with permanent power and C2 commissioning, which involves electrical, control and instrumentation checks, all well advanced. Water is being circulated in certain areas of the plant, marking the beginning of C3 commissioning, Ivanhoe said.
C3 commissioning involves checking for leaks, certain instrument calibration, control loop checks, and is the precursor to C4 commissioning (hot commissioning), which involves processing ore through the plant to produce a copper concentrate.
Ivanhoe co-chair Robert Friedland
Overall plant commissioning is running well ahead of schedule, with the first ore expected to be added to the mill by the end of May. Lower-grade ore will be fed into the plant during the C4 commissioning phase, to ensure plant performance and copper recovery are satisfactory before increasing the head grade.
The 409,000 tonnes mined in April comprised 357,000 tonnes grading 5.70% copper from the Kakula mine, including 121,000 tonnes grading 8.40% copper from the mine’s high-grade centre, and 51,000 tonnes grading 5.85% copper from the Kansoko mine.
The project’s pre-production surface stockpiles now contain approximately 3 million tonnes of high-grade and medium-grade ore at an estimated blended average of 4.74% copper. Kamoa-Kakula now has reached the 3-million-tonne target of mined high-grade and medium-grade ore, several months ahead of the timeline estimated in the 2020 pre-feasibility study.
Contained copper in the stockpiles increased by approximately 23,000 tonnes in April to a cumulative total of more than 140,000 tonnes.
Kamoa-Kakula also set another monthly mine development record in April, with advancement of more than 3,625 metres, bringing total underground development to approximately 42.2 kilometres — more than 15 kilometres ahead of schedule.
Drift-and-fill stoping operations are progressing well at the Kakula mine, with the majority of the ore production coming from stoping operations and the remainder coming from mine development activities.
The backfill plant, which will mix tailings from the processing plant with cement to produce paste backfill, will begin pumping backfill to the underground operations in July.
“The start of production at Kakula marks the beginning of a multi-generational copper mining district, consisting of numerous high-grade mines. We now turn our focus to scaling up this expansive copper region in a manner that is ethically and socially responsible, and setting a new global benchmark for the elimination of greenhouse gases in the production of copper that the world urgently needs,” Ivanhoe co-chair Robert Friedland said in Monday’s press release.
Kakula is projected to be the world’s highest-grade major copper mine, with an initial mining rate of 3.8 million tonnes per annum at an estimated average feed grade of more than 6.0% copper over the first five years of operations. Kakula is the first of multiple high-grade mining areas planned on the 400-square-kilometre Kamoa-Kakula mining licence.
The copper project is a joint venture between Ivanhoe (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the DRC government (20%).
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Mongolia threatens to cancel Oyu Tolgoi investment agreement unless tax claim is dismissed www.miningweekly.com

Mongolia has threatened to declare the 2009 Oyu Tolgoi copper/gold mine investment agreement void, unless the international tax arbitration proceedings brought against the government are dismissed in their entirety.
This is according to Canada-based Turquoise Hill, which holds 66% of Oyu Tolgoi LLC (OT) – the Mongolian company owning the mine.
OT in February last year instituted international tax arbitration proceedings against Mongolia and the government has now filed its statement of defence together with a counterclaim.
Although it is not a party to that arbitration, Turquoise Hill said on Monday that it understood that the defence and counterclaim included a request that the arbitral tribunal add both the company and a member of the Rio Tinto Group as parties to the arbitration.
The counterclaim also reportedly made assertions surrounding allegations of historical improper payments to government officials and seeks unquantified damages, the TSX- and NYSE-listed miner stated.
In a statement, Turquoise Hill said it would oppose the request that it be added to the tax arbitration and that it would defend itself against the counterclaim.
“The company understands that the principal thrust of the government defence and counterclaim is to seek the rejection of OT’s tax claim in their entirety.”
"In the event OT's tax claims are not dismissed in their entirety, [the government of Mongolia] is seeking in the counterclaim an alternative declaration that the 2009 investment agreement is void," Turquoise Hill stated.
The project, billed as one of the biggest copper/gold deposits, has been beset by problems, including development struggles, delays and cost blowouts that have led to tensions between the government and Rio Tinto.
Earlier this year, Mongolia threatened to cancel the 2015 Oyu Tolgoi underground mine development and financing plan, which sets out a basis for funding of the project. Mongolia has expressed concern about Rio Tinto’s revised budget of $6.75-billion for the expansion of the Oyu Tolgoi mine, stating that the rising development costs are eroding any economic benefit it would receive from the mine expansion.
Rio Tinto operates the Oyu Tolgoi mine through its majority ownership of Turquoise Hill.
Oyu Tolgoi is expected to produce 480 000 t/y of copper on average from 2028 to 2036 from the openpit and underground, compared with 146 300 t/y in 2019 from the openpit.
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Mongolia reports 1,015 new daily coronavirus cases, 7 deaths www.akipress.com

Mongolia reported 1,015 new daily coronavirus cases, the Health Ministry reports on May 4.
895 were registered in Ulaanbaatar and 103 in rural areas. 1 case was a hospital-acquired case, 16 imported cases (Indian nationals who arrived on a flight en route Delhi-Ulaanbaatar on April 26 tested positive for coronavirus).
The total of COVID-19 cases in Mongolia now stands at 40,396, with 24,333 recoveries. In the past 24 hours, 1,401 people recovered.
7 patients aged between 57 and 83 died of COVID-19 and the death toll reached 126.
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Mongolia issues warning of spring floods www.xinhuanet.com

May 4 (Xinhua) -- Mongolia's National Agency for Meteorology and Environmental Monitoring on Tuesday issued a warning of spring floods.
The water levels in major rivers and lakes in the country, including Tuul, Khuvsgul, Ider, Selenge, Beltes and Delgermurun have exceeded the warning levels by 5-60 cm due to the spring floods, the weather monitoring agency said, urging residents living along rivers and lakes to take precautions.
Spring floods usually occur when snow and ice in mountain areas suddenly melt and then run off the surface and flow into lakes and rivers during the spring season, causing excess water to spill over the banks
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Mongolia jolted by 6.3-magnitude earthquake www.menafn.com

Mongolia’s Institute of Astronomy and Geophysics reported that on Monday afternoon, May. 3 a quake with a magnitude of 6.3 jolted Khuvsgul province in northern Mongolia.
The earthquake had a magnitude of 6.2, but changed it into 6.3 a couple of minutes later, according to an initial report by the institute.
The institute noted in a report that the earthquake took place around 32 km southwest of Khankh, a district of the province, at approximately 4:46 p.m. local time (0846 GMT).
The sturdy earthquake was sensed in several regions of Mongolia, comprising the capital city Ulan Bator and the provinces of Khuvsgul, Orkhon, Darkgan-Uul, Bulgan and Arkgangai, but no destruction has been announced.
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Two helicopters brought from France www.montsame.mn

As part of the project on the establishment of Air Rescue Unit at the National Emergency Management Agency of Mongolia and supply of helicopters, two EC-145 helicopters for emergency medical services and search-and-rescue operations were brought into the country through the Zamyn-Uud border checkpoint.
Under the above-mentioned project, an Air Rescue Unit will be newly established at NEMA and three EC-145 T-1 helicopters and one helicopter for flight training and flight simulator will be supplied from France.
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1 mln people in Mongolia vaccinated against COVID-19 www.xinhuanet.com

The number of people vaccinated against COVID-19 in Mongolia reached 1 million on Monday afternoon, according to the Mongolian government's press office.
Under the motto "For summer without COVID-19, let's get vaccinated," Mongolia launched a national vaccination campaign against COVID-19 in late February with an aim to cover at least 60 percent of its 3.3 million population.
As of Monday, Mongolia has confirmed 39,381 COVID-19 cases, with 128 related deaths.
The number of daily new COVID-19 cases in Mongolia has risen sharply since the beginning of April. The COVID-19 surge continues, and around 1,000 cases have been reported per day in the country, mostly in the capital Ulan Bator, which is home to over half of the country's total population.
The Asian country reported its first imported COVID-19 case in March 2020 and confirmed its first locally transmitted cases in November last year.
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Mongolian People’s Party, Mongolian People’s Revolutionary Party merge www.montsame.mn

On April 29, the Mongolian People’s Party (MPP), the current ruling party in the parliament of Mongolia, and the Mongolian People’s Revolutionary Party (MPRP) established an agreement to merge in a virtual ceremony. A joint working group selected from the two political parties has written the agreement with a total of 33 sets of articles.
The ceremony for the merge was attended by MPP Leader and former Prime Minister U.Khurelsukh, Secretary-General of the party D.Amarbayasgalan, Head of the Capital City MPP Committee and Ulaanbaatar’s Mayor D.Sumiyabazar, MPRP Leader and former President of Mongolia N.Enkhbayar, the party’s Secretary-General E.Erdenejamiyan as well as more than 300 thousand members and supporters of the two parties, as reported by the press offices of the two parties.
During the event, MPP Leader U. Khurelsukh emphasized that the union of the two parties with shared values is a historic milestone which brought upon by a social demand, and called for the two parties to work together representing common interests. MPRP Leader N. Enkhbayar said that both parties are not complete without one another.
In 2010, the current Mongolian People’s Party restored its original name dating back to 1921, and former President of Mongolia Enkhbayar Nambar founded a new political party and gained permission to use the name - Mongolian People's Revolutionary Party in 2011.
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Tesla, under scrutiny in China, steps up engagement with regulators www.reuters.com

Electric vehicle maker Tesla Inc (TSLA.O), facing scrutiny in China over safety and customer service complaints, is boosting its engagement with mainland regulators and beefing up its government relations team, industry sources said.
Tesla's change of strategy leading to more behind-the-scenes interaction with policymakers in Beijing compared to relatively little previously shows the seriousness with which the U.S. automaker views the setbacks in its second-biggest market.
It also comes at a time when China is trying to regulate large and powerful private companies, especially in the technology sector, on concerns about their market dominance.
Tesla did not immediately respond to a request for comment on Monday, a public holiday in China.
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As they do elsewhere, regulators in China, the world's biggest auto market, discuss industry policies and standards with global and local companies, industry associations and think tanks.
Manufacturers typically join such meetings in China, but unlike rivals including Toyota Motor (7203.T) and General Motors Co (GM.N), Tesla officials were largely absent from the closed-door gatherings, according to four people familiar with the matter.
Instead, Tesla officials regularly speak at high-profile industry conferences. Outside China, Tesla's outspoken chief executive Elon Musk regularly takes to Twitter to comment on or criticise regulators or rules.
But in past weeks, Tesla executives attended at least four policy discussions, on topics including auto data storage, vehicle-to-infrastructure communication technologies, car recycling and carbon emissions, the people said.
California-based Tesla, which makes electric Model 3 sedans and Model Y sport-utility vehicles at its own plant in Shanghai, did not make major commitments at the meetings, but participated in some discussions, they said.
Tesla is also expanding its government relationship team in China, one of the sources said.
According to two recruitment advertisements in April on its WeChat account, Tesla is hiring managers to update a policy database and maintain relationships with government and industry associations to "build a harmonious external environment to support Tesla's business development in the regional market."
It was not immediately clear how many managers Tesla was planning to hire for government relations.
Accounting for roughly 30% of Tesla’s global sales, China is the automaker’s second biggest market after the United States and helped it post record first-quarter vehicle deliveries.
Pressure has been building over the past few months on Tesla's mostly excellent relations with Beijing.
In February, Chinese regulators summoned it over consumer reports of battery fires, unexpected acceleration and failures in over-the-air software updates.
And in March, Tesla came under scrutiny when the military banned its cars from entering its complexes, citing security concerns over vehicle cameras, sources told Reuters at the time. Days later, Musk appeared by video at a high-level forum, saying that if Tesla used cars to spy in China or anywhere, it would be shut down.
Last month, Tesla was targeted by state media and regulators after a customer, angry over the handling of her complaint about malfunctioning brakes, climbed on top of a Tesla car in protest at the Shanghai auto show. Videos of the incident went viral.
Grace Tao, a Tesla vice president who heads its government relations effort in China, was criticised in state media last month after she was quoted in a media interview questioning whether the aggrieved customer was acting on her own.
In response to the different complaints, Tesla has said it would set up a China data center, launch self-inspection to improve services and work with regulators.
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Mongolia records 911 new daily cases of coronavirus www.akipress.com

Mongolia recorded 911 new daily coronavirus cases, the Health Ministry said on May 3.
823 of the newly detected cases were reported in Ulaanbaatar city while 88 cases were recorded in rural areas bringing Mongolia's nationwide tally to 39,381.
A total of 22,932 people recovered.
Two patients have died of the COVID-19 complications bringing the death toll to 119.
A total of 4,956 people are undergoing treatment.
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