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Tag: Mongolia

Posted on December 18, 2020

Reindeer bring fun, fortune to Inner Mongolia herders

Since 2018, 33-year-old Gu has started posting videos of raising reindeer on the video-sharing app Douyin, garnering around 212,000 followers and 4.15 million likes. “Thousands of tourists visit my …

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Posted on December 18, 2020

IFC Support for MCS Group to Help Protect Businesses and Jobs in Mongolia

A new investment will help a diversified conglomerate in Mongolia sustain jobs, enhance operations, and continue expansion in the country amid the COVID-19 pandemic, supporting more than 10,000 …

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Posted on December 18, 2020

Rio eyes production from Mongolia copper project in 2022

Rio Tinto expects to achieve first production from the expansion of its giant copper mine in the Gobi Desert by October 2022 but only if it can reach agreement on several outstanding issues with the …

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Posted on December 17, 2020

China’s lunar sampler lands in Mongolia with Moon dust onboard

China’s landmark lunar sampling mission has drawn to a close, with the Chang’e-5 lander touching down in Mongolia with the first rocks and dust collected from the Moon in decades. Described as one of …

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Posted on December 17, 2020

Mongolia laments Rio Tinto’s ‘diminished’ Oyu Tolgoi project

Rio Tinto’s relationship with the Mongolian government continues to deteriorate, with the government expressing “great concern” at cost and schedule blow outs …

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Posted on December 17, 2020

China’s Chang’e 5 successfully enters Earth’s surface, lands in Mongolia with moon rocks in tow

An unmanned Chinese spacecraft carrying rocks and soil from the Moon returned safely to Earth early Thursday, completing the first mission in four decades to collect lunar samples. While scientists …

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Posted on December 16, 2020

Rio Tinto confirms $6.75 billion cost for Mongolia mine, production to start late 2022

Global miner Rio Tinto said on Wednesday the underground expansion at its Oyu Tolgoi copper mine in Mongolia would cost $6.75 billion, as it remained at odds with its majority-owned Turquoise Hill …

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Posted on December 16, 2020

Rio Tinto details major delay and costs for Mongolia copper project

Rio Tinto has confirmed delays and a major cost blowout at its flagship copper project in Mongolia, saying the underground expansion … support undertaking in respect of the $US4.4bn project finance …

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Posted on December 16, 2020

Mongolia loses battle to stay COVID-free

Children were in school, public gatherings such as conferences, concerts and sports events were allowed — it was as if the virus didn’t exist. Mongolians had stopped wearing masks as summer came, and …

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Posted on December 16, 2020

Mongolia submitted increased national climate pledge under Paris Agreement

On December 15, 2020, the President of Mongolia, H.E. Battulga Khaltmaa reaffirmed Mongolia’s national climate pledge to the United Nations Framework Convention on Climate Change (UNFCCC) during his …

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