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Companies·Gold

Boroo Gold LLC (Steppe Gold)

Foreign-owned

Runs the Boroo and Ulaanbulag gold mines in Selenge aimag. Merged into Canada-listed Steppe Gold in 2024.

Owners

  • Steppe Gold (Canada); 55.9% of which is held by Boroo Pte (Singapore)100%
Sector
Gold
Mines and assets
Boroo and Ulaanbulag, Selenge aimag
Products
Gold
Stock exchange
Steppe Gold: Toronto Stock Exchange, STGO

Key facts

MeasureValueYear
Gold production67,315 ouncesSteppe Gold — completes acquisition of Boroo Gold (1 Aug 2024) ↗2023

How its money reaches citizens

Through taxes, royalties and jobs. Profits go to foreign shareholders.

Sources

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