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Société Anonyme Minière des Aïmaks de Touchetoukhan et de Tsetsenkhan en Mongolie

Акционерное Общество Руднаго дѣла Тушетухановскаго и Цеценхановскаго Аймаковъ въ Монголии
Other city spellings: St.-Pétersbourg, Petrograd, Pétrograde

Formed in 1907 with head office in St. Petersburg. Initial capital was 6,000,000 roubles of which 3,000,000 roubles were ordinary shares of 250 roubles each and 3,000,000 roubles were privilege shares of 37.50 roubles each. In 1910, the ordinary capital was reduced to 1,800,000 roubles in shares of 50 roubles.

1907

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
1907, 1st issue, 12,000 ordinary shares of 250 roubles, serial #? – ?
80,000 privilege shares of 37.50 roubles, serial #? – ?
101 1 ordinary share ? 12,000 – £-
104 1 privilege share ? 80,000 – £-
1910, 2nd issue, 36,000 ordinary shares (previous shares converted to 50 roubles), serial #00001 – 36000
107 1 share dated 1911, yellow & orange, with coupons ?
#00590, #05566		 – £90 Spink
2017
108 5 shares dated 1911, blue, with coupons ?
#10731-5, #19691-5		 VF €95 Boone
Oct 2021
109 10 shares dated 1911, red, with coupons ?
#34121-30, #34561-70		 EF €264 Boone May/2023
€440 HWPH
Oct 2015
1912?, 3rd issue, ? shares, serial #36001 – ?
 Image courtesy of Boone Shares
110 1 share orange ?
#37306		 VF €72 Boone
May 2023
1912, 4th issue, ? shares, serial #? – ?
113 1 share green ? EF £-

Description

In 1907,  Baron von Grot, who was exploring for gold in these two provinces of northern Mongolia, formed this company with French and Belgian participation, to mine gold on the banks of the Selenga River. Its shares were also listed in Europe, where the company was known as “Mongol-Or”. The concession was later taken over by an American company, who never developed it.

In 1921 the major ‘Mongolian’ concessions were granted, to include this area. Today, the Canadian-owned Boroo and Gatsuurt Mines operate in the area by the Selenga River. The two khans in the company name were two of the descendants of Ghenghis Khan, who ruled the area of these 2 aimaks or regions. (source: Boone auction October 2021)

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