--- title: "Mongolian Mining Corporation Operational Update for the Quarter Ended 30 June 2026 | MOGLF Stock News" type: "News" locale: "en" url: "https://longbridge.com/en/news/293447696.md" description: "Mongolian Mining Corporation released its operational update for Q2 2026. Coking coal production rose 24% quarter-on-quarter to 2,814.1kt, with sales up 5%. Gold sales increased 37% to 11,709 oz, though the average gold price dropped 8% to USD 4,493/oz. The company remains Mongolia's largest listed private miner, focusing on coking coal and precious metals." datetime: "2026-07-22T00:59:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293447696.md) - [en](https://longbridge.com/en/news/293447696.md) - [zh-HK](https://longbridge.com/zh-HK/news/293447696.md) generator: "portal-rs" --- # Mongolian Mining Corporation Operational Update for the Quarter Ended 30 June 2026 | MOGLF Stock News See more from StockTitan in Google Search and AI answers.Adds StockTitan as a preferred source · opens Google Add on Google *Hong* *Kong* *Exchanges* *and* *Clearing* *Limited* *and* *The* *Stock* *Exchange* *of* *Hong* *Kong* *Limited* *take* *no* *responsibility* *for* *the* *contents* *of* *this* *announcement,* *make* *no* *representation* *as* *to* *its* *accuracy* *or* *completeness* *and* *expressly disclaim* *any* *liability* *whatsoever* *for* *any* *loss* *howsoever* *arising* *from* *or* *in* *reliance* *upon* *the* *whole* *or* *any* *part* *of* *the contents of this announcement.* **MONGOLIAN** **MINING** **CORPORATION** *(Incorporated* *in* *the* *Cayman* *Islands* *with* *limited* *liability)* **(Stock** **Code:** **975)** **OPERATIONAL** **UPDATE** **FOR** **THE** **QUARTER** **ENDED** **30** **JUNE** **2026** HONG KONG, July 22, 2026 (GLOBE NEWSWIRE) -- The board of directors (the “**Board**”) of Mongolian Mining Corporation (the “**Company**”, together with its subsidiaries, collectively the “**Group**”) wishes to announce the unaudited operational update for the quarter ended 30 June 2026. The comparative figures for the quarter ended 30 June 2025 and the quarter ended 31 March 2026 are also disclosed in this announcement (if and as applicable). The Company is the largest internationally listed private mining company with operations focused on and located in Mongolia. The Group has consolidated a diversified business portfolio to develop and operate coking (metallurgical) coal, gold, silver, copper, and other non-ferrous metals mining assets in southern and western regions of Mongolia. **Coking** **(metallurgical)** **coal** **operations** The Group is the largest producer and exporter of washed coking coal products in Mongolia. Energy Resources LLC (“**ER**”), its wholly-owned subsidiary, operates the Ukhaa Khudag (“**UHG**”) coking coal mine, and Khangad Exploration LLC (“**KEX**”), the Group’s majority-owned subsidiary, operates the Baruun Naran (“**BN**”) coking coal mine, both located in Umnugobi aimag (province), Mongolia. The main operational data for the Group’s coking (metallurgical) coal operations that comprising combined output delivered by ER from the UHG mine and by KEX from the BN mine for the quarter ended 30 June 2026 are summarised in Table 1 below. **Table** **1.** **Main** **operational** **data** **for** **coking** **coal** **operations** **for** **the** **quarter** **ended** **30** **June** **2026:** **The** **quarter** **ended** **30** **June** **2026** **The** **quarter** **ended** **31 March** **2026** **Quarter- on-****quarter** **(“QoQ”)** **change** **(%)** **The** **quarter** **ended** **30** **June** **2025** **Year-on-** **year** **(“YoY”)** **change** **(%)** **Item** **Unit** ROM coal mined kt 4,424.4 4,846.0 -9% 3,428.4 +29% ROM coking coal processed kt 4,509.8 3,916.3 +15% 3,605.7 +25% Washed coking coal produced kt 2,814.1 2,276.9 +24% 2,178.1 +29% Washed coking coal sold kt 2,688.1 2,558.4 +5% 1,739.7 +55% **Gold** **and** **metals** **operations** The Group is 50.0% equity holder in Erdene Mongol LLC (“**EM**”), which owns and operates Bayan Khundii (“**BKH**”) gold mine, and 50.5% equity holder in Universal Copper LLC, which develops White Hill copper deposit and Urkhut silver deposit, all located in Bayankhongor aimag (province), Mongolia. The main operational data for the Group’s gold and metals operations that comprising output delivered by EM from the BKH mine for the quarter ended 30 June 2026 are summarised in Table 2 below. A weighted average gold price per ounce (“**oz**”) for each quarter was calculated by using actual transaction prices denominated in MNT (local currency) and applicable MNT/USD exchange rates. **Table** **2.** **Main** **operational** **data** **for** **gold** **and** **metals** **operations** **for** **the** **quarter** **ended** **30** **June 2026:** **The** **quarter** **ended** **30** **June** **2026** **The** **quarter** **ended** **31** **March** **2026** **QoQ** **change** **(%)** **The** **quarter** **ended** **30** **June** **2025** **YoY** **change** **(%)** **Item** **Unit** Ore mined kt 247.2 154.8 +60% NA NA Ore processed kt 153.1 150.8 +2% NA NA Gold sold oz 11,709 8,527 +37% NA NA Gold price USD/oz 4,493 4,872 -8% NA NA **Important** **notice** Data provided in this Announcement are all rounded and derived from the internal records of the Group and are intended to give investors an overview of the Group’s operations in a timely manner and may differ from the data disclosed in periodic reports of the Company. The aforesaid operational data are not an express or implied forecast or guarantee in respect of the Company’s future operating conditions. In addition, various factors may affect results, including (but not limited to) force majeure events, changes in market conditions and regulatory interferences, as such material differences may exist in the operational data published from quarter to quarter. **Investors** **should** **note** **that** **undue** **reliance** **on** **or** **use** **of** **the** **above** **information** **may** **cause investment risks.** For and on behalf of the Board **Mongolian Mining Corporation Odjargal Jambaljamts** *Chairman* Hong Kong, 22 July 2026 Contact: investor@mmc.mn ### Related Stocks - [00975.HK](https://longbridge.com/en/quote/00975.HK.md) - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) ## Related News & Research - [Mongolian Mining Corporation Announces 2026 Interim Results | MOGLF Stock News](https://longbridge.com/en/news/296461935.md) - [Mongolian Mining swings to profit as coal and new gold output lift first-half results](https://longbridge.com/en/news/296462380.md) - [Mongolia Energy signs MNT 2.68 billion Khushuut coal mine pipeline construction contracts](https://longbridge.com/en/news/296590997.md) - [Legacy Gold widens Baner Main Zone to 1,020 ft after 0.39 g/t gold over 200 ft intercept](https://longbridge.com/en/news/297035652.md) - [Gold Targets Strongest Single-Month Surge Since 1999 as Markets Eye Jackson Hole Remarks](https://longbridge.com/en/news/297213782.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**