Welcome to our dedicated page for Mongolian Mining news (Ticker: MOGLF), a resource for investors and traders seeking the latest updates and insights on Mongolian Mining stock.
Mongolian Mining Corporation (MOGLF; HKEx: 975) regularly publishes news and announcements covering its coal, gold and metals operations in Mongolia. The company describes itself as the largest internationally listed private mining company with operations focused on and located in Mongolia, and as the largest producer and exporter of washed hard coking coal in the country. Its updates give investors and observers insight into operational performance, project development and corporate actions.
News items frequently include operational updates for its coking (metallurgical) coal segment, detailing run-of-mine coal output, processed coal volumes, washed coking coal production and sales, and product mix across washed hard coking coal, washed semi-soft coking coal and washed mid-ash semi-hard coking coal. These disclosures provide a view of activity at the Ukhaa Khudag and Baruun Naran open-pit mines in Umnugobi aimag.
The company also issues project and milestone announcements related to its gold and metals portfolio. Recent communications have covered construction progress, commissioning and the start of commercial gold production at the Bayan Khundii gold mine in Bayankhongor aimag, where the group holds a 50% equity interest through Erdene Mongol LLC. Updates may discuss processing plant completion, expected production capacity and sales of gold to the Bank of Mongolia and authorised commercial banks.
In addition, Mongolian Mining Corporation releases financial results and corporate announcements, such as interim and annual results, commentary on revenue and profitability drivers, and information on financing activities, including the redemption of senior notes. For anyone tracking MOGLF, this news page offers a central place to review these official disclosures and follow the company’s reported performance and project developments over time.
Mongolian Mining Corporation (OTC:MOGLF) released an operational update for the quarter ended 30 September 2025. Key mining metrics: ROM mined 3,604.3 kt (-16% YoY), ROM processed 3,753.8 kt (+3% YoY), washed coking coal produced 2,103.0 kt (+9% YoY) and washed coking coal sold 2,303.2 kt (+32% QoQ; +13% YoY).
Gold operations: the Bayan Khundii (BKH) gold mine commenced commercial production on 14 September 2025; Erdene Mongol (50% held) sold 342 oz gold at a weighted average price of USD 3,805.18/oz. BKH plant annual capacity is 650,000 tpa ore, with feasibility estimating up to 85,000 oz gold per year.
Mongolian Mining Corporation (OTCQX: MOGLF) has achieved a significant milestone with its first gold pour at the Bayan Khundii (BKH) gold mine in Mongolia. The mine, completed in just 22 months, holds total gold reserves of 513,700 ounces at an average grade of 4.0 g/t gold.
The project, representing MMC's US$40 million investment for a 50% equity stake in Erdene Mongol LLC, is expected to produce 85,000 ounces of gold annually at a low quartile all-in sustaining cost. The mine is scheduled to reach nameplate capacity production in Q4 2025, with gold being sold to Mongolia's Central Bank at spot prices to support the country's foreign currency reserves.
Mongolian Mining Corporation (OTCQX:MOGLF), Mongolia's largest producer and exporter of washed hard coking coal, reported challenging interim results for H1 2025. The company's revenue declined by 35.9% year-over-year to USD346.6 million, with sales volume steady at 4.2 million tonnes but affected by softer average selling prices.
The company recorded a net loss of USD23.3 million, compared to a profit of USD133.0 million in H1 2024, impacted by lower selling prices and a USD25.0 million one-off loss from debt refinancing. On a positive note, MMC is diversifying its portfolio with the Bayan Khundii gold mine, which is expected to begin commercial production in Q3 2025.
Mongolian Mining (MOGLF) has announced the successful completion of its Senior Notes redemption on April 15, 2025. The company redeemed all outstanding Notes at 109.27% of the principal amount plus accrued and unpaid interest up to but excluding the Optional Redemption Date.
The company stated that the Redemption will have no material impact on its financial position. Following the redemption completion, all redeemed Notes will be cancelled and delisted from the Singapore Exchange Securities Trading
Mongolian Mining (MOGLF) has released its operational update for Q1 2025. The company, Mongolia's largest internationally listed private mining company, reported mixed results in its coking coal operations. Run-of-mine (ROM) coal mining output reached 3,673.4 thousand tonnes, showing a 3% year-over-year increase but remained flat quarter-on-quarter.
The company processed 3,749.5 kt of ROM coking coal, producing 2,110.0 kt of washed coking coal products (2% YoY decrease, 1% QoQ increase). Total sales reached 1,600.4 kt, comprising 1,079.4 kt of washed hard coking coal, 72.2 kt of washed semi-soft coking coal, and 448.7 kt of washed mid-ash semi-hard coking coal.
In gold operations, the company's 50% owned Bayan Khundii gold mine is 86.5% complete in construction, with production expected to commence in H2 2025. Additionally, MOGLF acquired a 50.5% stake in Universal Copper on March 11, 2025, expanding into copper and non-ferrous metals exploration.
Mongolian Mining (MMC), Mongolia's largest HCC producer and exporter, reported its FY2024 results with record-high revenue of USD1,039.9 million, slightly up from USD1,034.8 million in FY2023. The company sold 8.6 million tonnes of coal products, including 4.7 Mt of hard coking coal (HCC).
The average HCC selling price increased to USD168.4 per tonne from USD160.2 in 2023. The company achieved a gross profit of USD411.7 million, with profit attributable to shareholders holding steady at USD242.0 million.
The company reported progress on its diversification strategy, with its Bayan Khundii gold mine construction being 67% complete, targeting gold production commencement in H2 2025. MMC maintains its position as Mongolia's largest internationally listed private mining company, focusing on production scaling, infrastructure development, and portfolio diversification into gold, copper, and non-ferrous metals.
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