Source: Indonesia Today

Mongolian Mining Corporation (MMC) surpassed its 7 million-ton annual production target in December at its Ukhaa Khudag coal mine at Tavan Tolgoi.The company considers this 79 percent increase of 3.9 million tons from 2010 a significant achievement.  Moreover, as last quarter's average monthly production at the UHG deposit reached approximately 900,000 tons of ROM coal, Mongolian Mining is confident that it will be able to achieve its target of approximately 10.7 million tons by 31 December 2012.In August 2006 the government granted the company its license for the Ukhaa Khudag coking coal deposit, covering an area of 2,960 hectares. Mining began in 2008, while in June 2011 the company acquired 100 percent interests in QGX Coal Ltd. and its indirectly owned subsidiary Khangod Exploration LLC, the holder of a mining license for Baruun Naran coking coal deposit. Leighton Asia and Sedgman from Australia are mining contractors hired by MMC for both deposits in South Gobi Mongolia.