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By Hugo Melo

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Asia: Eruu Gol Iron Mine

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Hugo Melo

August, 2018

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SRK was commissioned by Lung Ming Holdings in 2008 to carry out an open pit optimisation and design study, prepare a production schedule, and convert JORC Resources to JORC Reserves for the Eruu Gol Iron Mine Project in Selenge Province, Mongolia. SRK proposed three mining options for the project: 12Mtpa, 15Mtpa and 20Mtpa. SRK worked on this world-class iron ore deposit, defining the project’s potential for fund raising, equity transaction and eventually its public listing on international stock exchanges.