With the new mill, Naran Mandal’s processing plant is positioned to exploit the untapped potential of the mine. The new mill will further extend the milling capacity and allow deliver close to 400t/d.

We always care for our people. Naran Mandal recently renovated its mine site office and kicked off the construction of a new mess hall and camp accommodation. As a result of the major renovations, we made the camp environment more comfortable for employees.

The processing plant is operating at 240 TPD with full capacity. An industrial furnace will be purchased and installed for gold smelting in preparation for the production increase to 360 TPD. New mill and industrial furnace work together to improve efficiency and productivity performance of the mine.

The underground mining development is progressing with a daily decline advancement of 1.5m at Vein 10. Development capital expenditure is planned for building the station and for other required infrastructure.

Naran Mandal’s processing plant expansion installation work successfully completed and the mill was turned on. As a result of the expansion, the milling capacity increased from 120t/d to 360t/d, each circuit was expanded five times and resident time increased from 8 hours to 24 hours. The expansion also allows Naran Mandal to boost the production while enabling it exploit most of the value which lies underground.

Naran Mandal project, in cooperation with Xinhai, a manufacturer of high tech mining equipment and machinery, installed and began using a new detoxification process at its processing plant. This modernization effort underscores a sharp focus by Naran Mandal on ensuring the environmentally sustainable development of its high-grade project in Bayankhongor. Since acquiring Naran Mandal in 2014, Mongold has invested significant resources in developing the Naran Mandal project. These investments have allowed for increased production and further exploration of the deposit, and has elevated the safety and secured the environmental impact of the surrounding area.

Naran Mandal constructed, installed, and commissioned a new high quality tailing dam at its project site in Bayankhongor. Using modern materials from South Korea and Dream Oasis LLC as its construction contractor, the new tailing dam will have a capacity of 88,203 cubic meters – far in excess of the projected liberated resource. Naran Mandal received approval from the State Inspection Committee to start using the dam. The investment by Mongold into the new tailing dam at the Naran Mandal project is one of many improvements made over the past two years that will not only increase Naran Mandal’s production, but also bring its efficiency and environmental stewardship to international world class standards.