Ulaanbaatar: Mongolian Mining Corporation reported a mixed but generally stronger operational performance for the quarter ended March 31, 2026, according to data released by the company.

According to BERNAMA News Agency, the group, which includes Mongolian Mining Corporation and its subsidiaries, recorded 4,846 kilotonnes (kt) of run-of-mine (ROM) coal mined. This figure represents a 22 percent increase quarter-on-quarter and a 32 percent rise year-on-year.

In a statement, the group said that washed coking coal production stood at 2,276.9 kt. This represents a three percent decline quarter-on-quarter but an eight percent increase compared to the same period last year.

Coal sales rose significantly on an annual basis, with 2,558.4 kt sold, marking a 60 percent year-on-year increase, although it was marginally lower quarter-on-quarter.

In its gold and metals segment, the group reported gold sales of 8,527 ounces (oz), up 20 percent from the previous quarter, supported by stronger pricing conditions. The average gold price increased 17 percent to US$4,872 per oz, reflecting firmer market conditions during the period.

The group remains the largest producer and exporter of washed coking coal in Mongolia, with operations spanning multiple subsidiaries engaged in coal, gold, and other metals production.