mineral resources & people

Our interest in doing business in Mongolia currently lasts for more than 10 years, when LAMA Investment Mongolia LLC has been incorporated in the summer of 2010. In spite of many changes in Mongolian legislative and its mostly negative impacts on business environment in exploration and mining area in the following years we have stayed patiently waiting for the opportunity. The right time came in the year 2019 when we were able to acquire exploration licenses in Umnugovi and Bulgan provinces in tenders organised by Mineral Resources and Petroleum Authority of Mongolia, we have opened our permanent office in Ulaanbaatar and have finally started our exploration work programmes.