Corporate Profile Corporate milestones Awards Value & Vision
1973 “Berkh” fluorspar mine was joined to the Company which was formerly controlled by "Sovmongolmet"
1974 “Tolgoit” placer gold operation was commissioned, being the first subsidiary of the joint venture company
1974 “Khajuu-Ulaan” fluorspar mine was joined to the Company
1976 “Airag” fluorspar mine was acquired by the Company
1983 “Bor-Undur” ore dressing plant was commissioned, including underground mine, processing plant and the subside city for miners
1987 "Urgen" mine was commissioned by the Company
1992 "Mongolsovtsvetmet" joint venture was renamed as "Mongolrostsvetmet“ venture
1994 "Shijir-Alt" LLC was established in which "Mongolrostsvetmet" owned 51 percent of its shares
1995 Operation of "Zaamar" placer gold mine has begun
2002 "Zeregtsee" placer gold operation commissioned
2005 "Adag" underground mine was commissioned
2007 By the new Agreement between Government of Mongolia and Government of Russian Federation, “Mongolrostsvetmet” became a Limited Liability Company
2009 Successfully Implemented project of modernization of Mineral processing plant Bor-Undur which allowed to produce high quality acid grade fluorspar
2010 Completed Preparatory work for development of Bargilt Iron ore deposit
2012 Bargilt open pit mine began its operation