Maidenhead, Berkshire, UK. - Active Risk announced today that Mongolian Mining Corporation (MMC), the largest producer and exporter of high-quality hard coking coal in Mongolia, has selected its award-winning software Active Risk Manager (ARM) for enterprise risk management across all its departments and subsidiary companies.
In the middle of the Gobi Desert in Mongolia, Rio Tinto’s flagship $5.2-billion (U.S.) copper-gold mine stands nearly completed except for one thing: The mine is waiting for the power to be switched on.
Reputedly this company is used to weathering Asian storms. So a long wait that has just ended for Centerra Gold TSX:CG in Mongolia must have been borne with patience.