MCC COURT VICTORY: GOVERNMENT NATIONALIZATION ATTEMPTS WERE ILLEGAL

MCC COURT VICTORY: GOVERNMENT NATIONALIZATION ATTEMPTS WERE ILLEGAL

Attempts to nationalize the Mongolian Copper Corporation’s shareholding in the Erdenet mine in March 2017 and again in January 2018 have been ruled illegal by the Administrative Court in Ulaanbaatar.

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PRESS RELEASE

PRESS RELEASE

The members of the Consortium have agreed to dissolve the Consortium originally put in place in December 2016

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BOARD OF DIRECTORS OF EMC RESUMES BACK ON WORK

BOARD OF DIRECTORS OF EMC RESUMES BACK ON WORK

Under the private sector’s management one-sided procurement businesses came to an end and just from equipment procurement MNT 15.1 bln was saved

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SENIOR CONSULTANT OF “MONGOLIAN COPPER CORPORATION” MR.KHURTS CH WAS AWARDED AS “HERO OF LABOR”

SENIOR CONSULTANT OF “MONGOLIAN COPPER CORPORATION” MR.KHURTS CH WAS AWARDED AS “HERO OF LABOR”

Dr.Khurts Choijin has worked in sector of Geology and Mineralogy with high achievements and served as Minister of Geology and Mining, Member of Parliament.

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Press release

Press release

On 7 December 2017, the Supreme court of Mongolia held the final hearing.

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M.MUNKHBAATAR: MONGOLIAN COPPER CORPORATION IS EXAMPLIFYING GOOD CORPORATE GOVERNANCE BY A NATIONAL COMPANY

M.MUNKHBAATAR: MONGOLIAN COPPER CORPORATION IS EXAMPLIFYING GOOD CORPORATE GOVERNANCE BY A NATIONAL COMPANY

Mongolian National Chamber of Commerce and Industry held its annual ceremony, “Entrepreneur 2017”, and announced the business sector outperaformers of 2017. Mongolian Copper Corporation was awarded “BEST CORPORATE GOVERNANCE OF THE YEAR”. The company was appreciated for increasing efficiency and introducing best practices at EMC through its 49 percent ownership.

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The Supreme court rules in favor of Mongolian Copper Corporation LLC

The Supreme court rules in favor of Mongolian Copper Corporation LLC

7 December 2017, the Supreme court heard the case and upheld the lower court’s judgment. Effectively, MCC shall be registered as the 49% shareholder of EMC

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Preliminary court rules on Erdenet as the government says it intends to compensate

Preliminary court rules on Erdenet as the government says it intends to compensate

“This is the worst possible way to handle this matter............... You cannot just change the registry to take ownership. If there is the rule of law in Mongolia, this process will be invalidated in court.”

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Inconsistency is Mongolian cancer

Inconsistency is Mongolian cancer

Today, we talked to Jay Liotta, the chairman of American Chamber of Commerce in Mongolia, about Mongolian economic situation, investors’ concerns, IMF, and Erdenet Mining Corporation.

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AmCham Mongolia Awards Prominent Economist Da. Ganbold with “2016 Business Leadership Award”

AmCham Mongolia Awards Prominent Economist Da. Ganbold with “2016 Business Leadership Award”

The American Chamber of Commerce (AmCham) in Mongolia presented its 2016 Business Leadership Award to Mr. Da. Ganbold, a prominent economist and board member of Erdenet Mining Corporation.

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