"With US$508 million left to spend on the Media Luna project south of the river, we have a strong, cash-producing asset at ELG that is financing the construction of our future."
EXECUTIVE CHAIRMAN AND MANAGING DIRECTOR, XANADU MINES
"Kharmagtai is strongly positioned to become Mongolia’s next large-scale copper mine amongst only a handful of new global mines delivering copper within the next 4 years."
"We have emphasized mechanization, introduced a purpose statement focused on repurposing mine waste, expanded into South America, strengthened our African presence, and sought growth in mineral processing."
"QMC has been instrumental in shaping new legislation, bridging the divide between authorities and private investors by offering expertise in aligning projects with broader societal and environmental benefits."
Investors once came to Mongolia for its geology yet stumbled upon its legislative framework. How competitive Mongolia has become today, we will leave our readers to judge, hoping that this report provides them with the resources to make an informed assessment.