The company is expected to mine and transport approximately 30,000 to 50,000 tons of coal per month in November and December, weather permitting, with a fleet of 3 operating mining excavators, 6 dump trucks, and over 20 (owned and leased) transportation trucks.
The Ulaan Ovoo thermal coal mine is strategically located 17km from the Russian border and 120km from both Mongolian and Russian rail links.
To date the company has produced approximately 463,848 tons of thermal coal while the Ulaan Ovoo project contains 174 million tons of measured and 34 million tons of indicated coal resources (NI 43-101).
