NGO plans to support women candidates
The NGO Globe International is implementing a program to support women candidates in Mongolia’s 2012 parliamentary election.
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Civil movement supports teachers’ strike
The civil movement Promise Claiming People’s Union announced its support for the teachers’ strike on Wednesday.
PM meets with aimag governors
The governors of all 21 aimags, the mayor of Ulaanbaatar, and the chairmen of Civil Representative Assemblies met at the Government House on December 15 to discuss the recently ratified 2012 state budget.
Government releases figures on jobs program
The Government declared 2011 a “Year of Employment Support” and asked businesses to create jobs for the unemployed to increase household income.
Meeting looks to the future of Mongolia’s meat exports
A meeting about increasing Mongolia’s meat exports was held at the Mongolian National Chamber of Commerce and Industry on December 13.
MPRP sends note about teachers’ strike to Parliament and Government
The MPRP sent a note about the teachers’ strike to Parliament and the Government on Thursday.
DRAFT AMENDMENT PRESENTED
Ulaanbaatar, Mongolia /MONTSAME/ A group of MPs including J.Sukhbaatar and N.Batbayar submitted on Thursday a draft amendment to the Constitution to N.Enkhbold, the Vice Speaker of parliament.
PM: I KNOW TEACHERS' PROBLEMS
Ulaanbaatar, Mongolia /MONTSAME/ Indeed, the education sphere has several problems, and the cabinet is taking step-by-step measures to tackle them, said S.Batbold PM.
TS.NYAMDORJ HOLDS NEGOTIATIONS WITH CHINESE COUNTERPART
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Justice and Internal Affairs Ts.Nyamdorj held on December 12 in Beijing negotiations with Meng Jianzhu, the Minister of the Public Security of the People's Republic of China.
MONGOLIA WILL ATTEND "EXPO 2012 YEOSU"
Ulaanbaatar, Mongolia /MONTSAME/ Related sides concluded early December an official contract on Mongolia's attending the "Expo 2012 Yeosu" exhibition.
LONG-WAITED REVISED LAW ON ELECTION PASSED
Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the State Great Khural (parliament) passed the draft amendment to the law on election. This has happened after about three years of discussing.
CABINET TO DISCUSS REQUIREMENTS OF TRADE UNIONS
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet discussed on Friday the governmental guidelines in frames of the requirements put by the Mongolia's Trade Unions (MTU) and other unions, and made some decisions.
Clarification on Electoral Law
So, in my haste to share information quickly, I got some aspects of the revisions to the electoral law wrong this morning .
Impact of Revised Electoral Law on Parliamentary Election Outcome
It seems that the revisions to the electoral law yesterday brought three main changes:
Green Party to make announcements
The Green Party (GP) has scheduled a press conference on Friday to make several announcements.
Rio’s Timely Antidote To Poison Pill
Rio Tinto has won out against billionaire Robert Friedland’s attempts to ensure any unwanted move on his Ivanhoe Mines sparks a bidding war. Just don’t expect Rio to rush a takeover.
Inner Mongolia's Coal Output Reaches 907.96 Million Metric Tons in First 11 Months of 2011, Up 26.6% from Last Year
Inner Mongolia's Coal Output Reaches 907.96 Million Metric Tons in First 11 Months of 2011, Up 26.6% from Last Year.
Oyu Tolgoi signs major deal for advanced training simulators
Ulaanbaatar, Mongolia (ot.mn) – Oyu Tolgoi, the gold and copper mine under development in the South Gobi, has underlined its commitment to training its workforce to world’s best standards by investing in simulator-based operator training technology provided by Immersive Technologies.
Mongolia issues 107 uranium exploration licenses
According to the Nuclear Energy Authority, 107 uranium exploration licenses have been issued in Mongolia so far.
Parliament discusses oil policy, refinery construction
Parliament on Thursday discussed the state’s oil sector policy through 2015 and approved further discussion.
Striking teachers, Government still negotiating
Kindergarten and secondary school teachers who have been on strike since December 12 are still in negotiations to end the strike.
UB RAILWAY JOINT VENTURE BECOMES UIC MEMBER
The Ulaanbaatar Railway Mongolia-Russia joint venture has become an official member of the International Union of Railways (UIC).
PHOTO EXHIBITION TELLS ABOUT MONGOLIA UN HISTORY
Dedicated to the 50th anniversary of Mongolia's joining the UN, a "Cooperation of Mongolia and UN for 50 years" photo exhibition opened on December 9 in the UN office in New-York, the USA.
How producers can escape the curse of crude
Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate.
Push for alcohol-free events cuts expenses in half
It’s been a year since President Ts. Elbegdorj initiated the “Forward, to an Alcohol-Free Mongolia” campaign.
Unhealthy insurance
Ever since Mongolia had a transition to free-market economy, the government of Mongolia has been making amendments to the law on health insurances every four years and today’s government is rushing to make changes to this law as well.
Patch Whiz Kid of the Week: Jameson Achuff
This week, Marple Newtown Patch highlights Episcopal Academy junior Jay Achuff for his big act of volunteering with a medical team to help deliver medical supplies and aid in heart surgeries to Mongolian children.
Mongolia Passes New Election Law
The State Great Khural, Mongolia's parliament, passed a measure Thursday to revise the country's election system.
Exhibit celebrates centennial of National Freedom Revolution
An exhibit celebrating the centennial of the National Freedom Revolution opened at the National Museum on Tuesday.
History of diplomatic corps is subject of conference
In connection with the 100th anniversary of the founding of Mongolia’s diplomatic service on December 29, the Ministry of Foreign Affairs and Trade is holding a conference examining the history of the service on December 15.
President’s Office updates anti-alcohol campaign
D.Battulga, the head of the President’s Office, updated journalists on the office’s work on Wednesday.
Standing Committee approves amendments to Criminal Law
The Standing Committee on Justice discussed proposed amendments to the Criminal Law on Wednesday.
Officials sign agreement on reforms
Government officials and the Swiss Agency for Development on Wednesday signed a memorandum of cooperation to improve governance.
CW-GP says it supports teachers’ strike
The Civil Will-Green Party (CW-GP) issued a note on Wednesday saying the party supports teachers who have been on strike since December 12.
Health workers join teachers’ strike
Confederation of Trade Unions President S.Ganbaatar told journalists on Wednesday that health care workers have joined the teachers’ strike, and police and employees of arts and cultural organizations may join as well.
Mongolians shine at international opera competition
Five opera singers from Mongolia qualified for the second round of the 24th International Vocal Contest named after the Russian composer Mikhail Glinka, which was held in Moscow from December 3 to 14.
PM meets with representatives of striking teachers
Prime Minister S.Batbold received representatives of the Trade Union of Education, Culture and Science at 6 p.m. on Wednesday.
Standing Committee approves draft law on social welfare
The Standing Committee on Social Policy, Education, Culture and Science discussed a draft law on social welfare for the first time on Wednesday.
Livestock count underway
The state is counting livestock from December 9 to 20. The Ministry of Food, Agriculture and Light Industry and the National Statistics Committee are organizing the count.
HEALTH MINISTRY RECEIVES MEDICINES AND MASKS
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador of Japan to Mongolia Mr. Takenori Shimizu attended on Monday a ceremony of handing over 10,560 courses of Tamiflu (Oseltamivir) and 2,160 N95 masks to the Ministry of Health. Costing USD 220,000, these were received by a Vice Minister of Health Dr Tsolmon.
AMBASSADOR MEETS CTBTO PREPARATORY COMMISSION'S SECRETARY
Ulaanbaatar, Mongolia /MONTSAME/ A delegation led by J.Enkhsaikhan, the Ambassador Extraordinary and Plenipotentiary of Mongolia to Austria, has shared views with Tibor Tyth, the Executive Secretary of the Preparatory Commission for the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO) on developing the bilateral relations and cooperation.
FOREIGN MINISTRY TO RUN SCIENTIFIC CONFERENCE
Ulaanbaatar, Mongolia /MONTSAME/ On occasion of the 100th anniversary of contemporary diplomatic service of Mongolia, the Ministry of Foreign Affairs will organize a scientific conference themed "Contemporary diplomatic service of Mongolia--100 years" on December 15.
UB RAILWAY JOINT VENTURE BECOMES UIC MEMBER
Ulaanbaatar, Mongolia /MONTSAME/ The Ulaanbaatar Railway Mongolia-Russia joint venture has become an official member of the International Union of Railways (UIC).
PRESIDENT GIVES REPORT AT SUB-MEETING
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj together with a professor Christian Welzer, a president of the World Values Surveys, have delivered reports at a sub-meeting called "Role of the education of democracy in understanding of common basis between democracy and civilizations".
MONGOLIA, SWITZERLAND AND GOOD GOVERNANCE
Ulaanbaatar, Mongolia /MONTSAME/ A cooperation memorandum has been established in frames of a cooperation in realizing a program on supporting governance and slackening a centralization.
Don’t count Ivanhoe out yet
As Rio Tinto takes a victory lap in the international press over an arbitrator’s decision in a lengthy dispute over its Ivanhoe stake, Ivanhoe Minerals hasn’t conceded defeat.
TS.ELBEGDORJ: WE WANT TO STUDY EXPERIENCE OF QATAR
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj has underlined that the Qatari great experience in development, gained thanks to right distribution of revenues from natural reserves, is a good example for Mongolia.
Coal demand to grow by 600 000 t/d over next five years, IEA warns
Global coal demand will continue to expand “aggressively” over the coming five years, the International Energy Agency’s (IEA’s) inaugural ‘Medium-Term Coal Market Report 2011’ states, while also warning that infrastructure bottlenecks and an expected shift to poorer quality deposits could place upward pressure on costs and prices.
Mongolia’s new electoral law
The parliament of Mongolia has passed a new electoral law. If the Constitutional Court would not veto it, the next parliamentary election in 2012 will be organized under a mixed voting system.
Banking jobs: the next steppe
Made redundant in the City? Down-sized in New York? Fed up in Frankfurt? The Golomt Bank of Mongolia has just the job for you.
FeOre trades above IPO on first day, eyes first rail haulage of Mongolian iron ore within two years
FeOre (ASX: FEO), a Mongolia-focused iron ore explorer, has performed well in its first hour of public life on the ASX with shares changing hands above it’s A$0.25 IPO price.
MICROCAPITAL BRIEF: Incofin Lends $6m to Microfinance Institutions Vision Banco of Paraguay, Lazika Capital of Georgia, Credit Mongol of Mongolia, Forus Bank of Russia
Belgian company Incofin Investment Management (Incofin IM) has disbursed loans through microfinance investment funds it manages to four microfinance institutions (MFIs):
RENAC’s Global Education Project Supports the Development of Sustainable Energy Supplies in Mongolia
BERLIN--( BUSINESS WIRE )--This week, with the support of the German Federal Foreign Office, public and private representatives from Mongolia's energy sector dealing with renewable energy and energy efficiency met educational specialists from Germany's Renewables Academy (RENAC) in Ulaanbaatar to define training needs along the value chains.
What Investors Should Know About Uranium In Mongolia
The real quantity of Mongolia's natural resources cannot yet be know.
Asia Pacific Properties JSC Commences Trading on the Mongolian Stock Exchange
APP announces its listing intentions and assets being injected
Why Ivanhoe, Rio Tinto Are So Keen On Mongolia
It has been said that the best place to look for a new mine is next to an existing mine. -- Harris Kupperman, Mining Services Primer, Nov. 10, 2009.
Entree Intersects Gold on Its 100%-Owned Shivee West Property, Mongolia
VANCOUVER, BRITISH COLUMBIA, Dec 14, 2011 (MARKETWIRE via COMTEX) -- Entree Gold Inc. CA:ETG -9.17% EGI -5.36% (frankfurt:EKA) ("Entree" or the "Company") recently completed its 2011 exploration program on the Company's 100%-owned portion of the Shivee Tolgoi mining licence ("Shivee West") in Mongolia.
B.Batjargal: Development Bank to finance railroad projects first
B.Batjargal, the head of the Budget Policy Board of the Finance Ministry and the head of the Representative Managing Council of the Development Bank (DB), answered our correspondent’s questions about the DB’s recent activity.
Standing Committee discusses draft election law
On Tuesday, the Standing Committee on State Structure discussed a draft election law after the MPP and DP caucuses reached an agreement on the proposal.
MPRP establishes Women’s Union
The MPRP recently established a Women’s Union, and members have announced the results of their first assembly.
Mayor meets with prominent American lawyer
Mayor G.Munkhbayar received the American lawyer Jonathan Greenberg on Tuesday.
Standing Committee discusses diplomatic relations
On Tuesday, the Standing Committee on Security and Foreign Policy discussed establishing diplomatic relations with Malawi, South Sudan, and Samoa.
Officials discuss meat exports
A meeting about increasing Mongolia’s meat exports was held at the Mongolian National Chamber of Commerce and Industry on Tuesday.
Standing Committee discusses draft law on food
The Standing Committee on Nature, Environment and Agriculture discussed a draft law on food on Wednesday.
TOTAL INDUSTRIAL OUTPUT INCREASES
Ulaanbaatar, Mongolia /MONTSAME/ In the first 11 months of 2011, the total industrial output increased by MNT 175.4 billion or 10.4 per cent to MNT 1,860.9 billion, at the 2005 constant prices, against the previous year.
SPEAKER RECEIVED BY JAPANESE EMPEROR
Ulaanbaatar, Mongolia /MONTSAME/ Paying an official visit to Japan, the Parliament Speaker of Mongolia D.Demberel has been received by His Highness Akihito, the Emperor of Japan, and the Empress Michiko.
EXTERNAL TRADE TURNOVER REACHES USD 10,271.2 MILLION
In the first 11 months of 2011, Mongolia traded with 123 countries from all over the world, and total external trade turnover reached USD 1,0271.2 million, of which exports made up USD 4,303.9 million and imports made up USD 5,967.3 million.
Rio Allowed to Maintain Ivanhoe Stake, Arbitrator Decides
Ivanhoe Mines Ltd., building the Oyu Tolgoi in mine in Mongolia with its largest shareholder Rio Tinto Group (RIO), said an arbitrator ruled in favor of Rio in a dispute about its holding.
Chinese locomotives exported to Mongolia
CNR Dalian has completed five 1520 mm gauge diesel locomotives for export to Mongolia, its second delivery to the country.
Mongols, Kazakhs display their skills
Al Ain: It was a rare scene at the falconry festival as a horse-mounted Mongol sprinted across the Arabian desert with a mighty brown eagle perched on his wrist.
Don’t count Ivanhoe out yet
As Rio Tinto takes a victory lap in the international press over an arbitrator’s decision in a lengthy dispute over its Ivanhoe stake, Ivanhoe Minerals hasn’t conceded defeat.
Prime Minister welcomes foreign guests
Prime Minister Nguyen Tan Dung received US Deputy Secretary of State William Burns and Secretary of the Mongolian National Security Council (MNSC) Tsagaandari Enkhutuvshin in Hanoi on Dec. 13.
U.S. anxious to secure nuclear waste disposal site as China emerges on scene
As the world shifts away from the business of recycling plutonium-based nuclear fuel, the construction of facilities to handle nuclear waste remains a nagging issue.
FeOre aims for first rail haulage of Mongolian iron ore within two years, admitted to the ASX
FeOre (ASX: FEO), a Mongolia-focused iron ore explorer, has been admitted to the ASX today following a successful initial public offer of up to 140 million shares at A$0.25 to raise up to $35 million.
Japan, Mongolia agree to accelerate talks for free trade deal
TOKYO (Kyodo) -- Japanese Prime Minister Yoshihiko Noda and visiting Mongolian parliament speaker Damdin Demberel agreed Tuesday to accelerate efforts to start talks toward a free trade agreement, the Foreign Ministry said.
China, Mongolia pledge closer law-enforcement cooperation
BEIJING, Dec. 13 (Xinhua) -- Chinese State Councilor and Minister of Public Security Meng Jianzhu held talks Tuesday with his Mongolian counterpart and pledged to enhance cooperation on law enforcement between the two countries.
PM welcomes US, Mongolian officials
HA NOI — Prime Minister Nguyen Tan Dung separately received US Deputy Secretary of State William Burns and Secretary of the Mongolian National Security Council Tsagaandari Enkhutuvshin in Ha Noi yesterday.
Rio Tinto Doesn't Plan Ivanhoe Bid After Arbitration Ruling
Dec. 13 (Bloomberg) -- Rio Tinto Group, the world's third- biggest mining company, said it won't seek full control of Mongolian project partner Ivanhoe Mines Ltd. after an arbitrator ruled in its favor in a shareholding dispute.
Mayor’s Office preparing meat reserve
The Food, Trade and Service Department of the Mayor’s Office is making preparations for this winter’s meat reserve.
President meets with UN Secretary General
While attending the fourth annual forum of the United Nations Alliance of Civilizations in Doha, President Ts.Elbegdorj met with UN Secretary General Ban Ki-moon on Monday.
Exhibit of small- and middle-sized business to be held
The Office of Small and Middle Enterprise is organizing an exhibit at Independence Square in February 2012.
Speaker D.Demberel meets with officials in Japan
Speaker D.Demberel is visiting Japan at the invitation of the Speaker of Japan’s House of Councilors.
MNT 34 billion in anti-pollution money goes unspent
The National Committee of Ulaanbaatar Air Pollution Reduction held its regular meeting on Monday and officials discussed implemented projects.
Mongolian-made bus makes its debut
On Tuesday, Ulaanbaatar city officials received the first bus designed by Mongolian engineers.
Ch.Saikhanbileg: MPP and DP caucuses close to agreement
DP caucus chairman Ch.Saikhanbileg told our correspondent that the DP and MPP caucuses are close to an agreement on a disputed issue of the draft election law.
MONGOLIA ESTABLISHES AGREEMENT WITH GERMANY
Ulaanbaatar, Mongolia /MONTSAME/ An intergovernmental agreement on the cooperation in the defense sector has been established between Mongolia and the Federal Republic of Germany (FRG).
JAPAN AMBASSADOR GIVES RECEPTION
Ulaanbaatar, Mongolia /MONTSAME/ In conjunction with the 78th birth anniversary of His Imperial Majesty the Emperor, the Embassy of Japan in Mongolia has given a reception in the "Ikh tenger" complex.
CONSULTATIVE MEETING HELD BETWEEN MONGOLIA AND INDONESIA
Ulaanbaatar, Mongolia /MONTSAME/ Attending the Bali Democratic Forum, held on December 8-9 in Indonesia, a special representative and ambassador of Mongolia S.Badral has held a bilateral consultative meeting with A.M.Fakir, a director of the Information and Public Diplomatic Department of the Indonesian Foreign Ministry, and another official from this department Kusuma Habir.
MONGOLIA TO COOPERATE WITH POLAND IN REGIONAL DEVELOPMENT
Ulaanbaatar, Mongolia /MONTSAME/ The National Development and Innovation Committee of Mongolia and Poland's Ministry of Regional Development established a memorandum of mutual understanding on regional cooperation on December 9 in Warsaw, Poland.
TS.ELBEGDORJ MEETS WITH HIS AUSTRIAN COUNTERPART
Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj met on Monday Mr. Heinz Fischer, the president of the Republic of Austria and shared views on the bilateral relations and cooperation, at the 4th forum of United Nations Alliance of Civilizations (UNAOC) in Doha, Qatar.
Opening of Rare Antique Exhibition
An exhibition celebrating the 100th anniversary of the Outer Mongolian Revolution of 1911 opened it’s doors to the general public today in the National Museum.
S.BATBOLD: BALI DEMOCRACY FORUM MEETS CD'S GOALS
The Prime Minister of Mongolia S.Batbold has underlined that Mongolia is adhering to priorities such as a supporting civil society organizations, widening the regional cooperation, and sharing experience with nations by making the education a core topic as for chairing the Community of Democracy (CD).
Specialist discusses South Gobi water issues
M.Choisuren, the Water Office’s water monitoring specialist, recently spoke about water issues affecting the South Gobi region.
Rio Tinto wins fight against Ivanhoe poison pill
An arbitrator cleared the way for mining giant Rio Tinto to take over Ivanhoe Mines , saying the $16 billion Canadian group’s “poison pill” defence was not valid.
Ivanhoe receives ruling in Rio dispute
Ivanhoe Mines Ltd said it received a ruling on an arbitration dispute with Rio Tinto , its largest shareholder, which will allow it to keep a shareholders’ rights plan in place until 2013.
Rio Allowed to Maintain Ivanhoe Stake, Arbitrator Decides
Ivanhoe Mines Ltd., building the Oyu Tolgoi in mine in Mongolia with its largest shareholder Rio Tinto Group (RIO), said an arbitrator ruled in favor of Rio in a dispute about its holding.
Rio wins Ivanhoe legal stoush
Rio Tinto has won a legal stoush with its hostile joint venture partner Ivanhoe Mines, after an arbitration decision was handed down overnight.
Mongolia's Golomt Bank selects BPC for ATM network management
The Bank is the largest player with the highest number of card merchants and the widest card acceptance in the Mongolian payments card sector and leads with a 60% market share of card transactions.
European Goldfields Gains After Report of Centerra Approach
European Goldfields Ltd. (EGU) , a metals explorer and mine developer with projects in Greece, Romania and Turkey, reached the highest price in five months after Centerra Gold Inc. (CG) reportedly expressed interest in the company.
Southeast Asia green tourism steps forward in Seoul
SEOUL -- Tourism chiefs from Southeast Asia and Mongolia have completed a project in South Korea to boost green travel in their countries.
Canadian Stocks Decline as Moody’s Plans Review of EU Ratings
Dec. 12 (Bloomberg) -- Canadian stocks fell, sending the country’s benchmark stock index to its lowest level this month, as commodity shares dropped after Moody’s Investors Service said it will review its ratings on all European Union countries.
ADB Funded Road Program to Spur Growth, Development in West Mongolia
MANILA, PHILIPPINES – The Asian Development Bank (ADB) has approved a financing facility of up to $170 million for road improvements along a transport corridor in western Mongolia that will help reduce the region’s isolation and spur development in one of the country’s poorest areas.
MONGOLIA: Cashmere group Gobi JSC to upgrade production
Mongolian cashmere and garment group Gobi JSC is to invest in new equipment to improve the quality of its products and increase production capacity.
President Ts.Elbegdorj visits Qatar
President Ts.Elbegdorj is visiting Qatar from December 10 to 12. During his visit, Ts.Elbegdorj will take part in the fourth annual forum of the United Nations Alliance of Civilizations in Doha.
Education Ministry, Oyutolgoi announce results of cooperation
The Ministry of Education, Culture and Science and Oyutolgoi LLC held a meeting on December 10 to announce the results of a memorandum of cooperation the two sides signed more than a year ago.
Defense minister visits Czech Republic
Defense Minister L.Bold visited the Czech Republic on December 9 to meet with his Czech counterpart, A. Vondra.
Ch.Saikhanbileg: Draft election law could pass soon
After a meeting of the DP caucus on Monday, caucus chairman Ch.Saikhanbileg told journalists that the caucus hopes the draft election law will be passed this week.
PRESIDENT TO CHAIR UNAOC MEETING IN QATAR
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj will chair a meeting titled "Role of the education of democracy in understanding common basis between democracy and civilizations".
ENVIRONMENT MINISTER AT DURBAN CONFERENCE
Ulaanbaatar, Mongolia /MONTSAME/ Representing the government of Mongolia, the Minister of Environment and Tourism L.Gansukh has expressed a position of Mongolia at the United Nations Climate Change Conference kicked off on December 6 in Durban, the South Africa.
UNEMPLOYMENT, INSURANCE AND HDF IN FIGURES
Ulaanbaatar, Mongolia /MONTSAME/ The number of unemployed reached 62.7 thousand at the end of November, 2011, reflecting an increase of 22.1 thousand people or 54.4 per cent against the previous year.
NAT'L CONSUMER PRICE INDEX IN STATISTICS
Ulaanbaatar, Mongolia /MONTSAME/ The national consumer price index in November, 2011 increased by 1.3 per cent compared to the previous month; increased by 8.1 per cent against December 2010; increased by 10.8 per cent against the previous year.
BANK OF MONGOLIA REPORTS
Ulaanbaatar, Mongolia /MONTSAME/ According to the Bank of Mongolia, a money supply (broad money or M2) at the end of November 2011 reached MNT 6,133.7 billion, increase MNT 45.4 billion or 0.7 per cent against the previous month, and by MNT 2,194.1 billion or 55.7 per cent against the previous year.
Indonesian President to Visit Mongolia
The IV Democracy Forum is underway in the Bali island of the Republic of Indonesia.
China iron ore demand to reach 1.13 billion tons by 2015
China Knowledge reports according to China’s new steel industry blueprint for its 12th 5-year Plan estimates it could go as high as 1.13 billion tonnes over the next three years:
Mining: To buy or to build?
Large mining companies are generating so much cash that a new round of consolidation would, by the standards of the industry’s pre-2008 cycle, seem likely.
Coal Industry Future: Answers May Lie In The Past
Futuristic projects designed to capture carbon from coal-burning industries and store it underground have failed, the two largest consumers of the fuel, the United States and China, hope answers to limiting emissions blamed for global warming lie in the past.
No uranium rebound in the near term: Resource Capital Research
Resource Capital Research detects some life in the uranium sector, namely acquisition plays for Hathor Exploration and Extract Resources, but overall sector performance will remain poor for the first quarter of 2012.
Mongolia Inv (00402) to buy Sinbo Investment
(Infocast News) Mongolia Investment Group (00402) (MIGL) has entered into a memorandum of understanding for the acquisition of Sinbo Investment Limited, which is principally engaged in the business of aerial photography, aviation and aerospace remote sensing image data processing, provision of geographic information system (GIS) software and solutions.
Escaping the oil curse
Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate.
Development Bank to Test Global Debt Market
While the reach nations of the European Union heed warnings about the potential collapse of their market for sovereign debt, Mongolia is going to tap the global debt market.
A look at the XV Annual Conference of United Association for Mongolian Journalists
On December 10, the XV Annual Conference of the United Association for Mongolian Journalists was held.
Officials visit Mongolia to monitor human rights
In connection with Human Rights Day on December 10, Christer Telin of the United Nations Human Rights Committee and Patrick Mutzenberg of the NGO Center for Civil and Political Rights are in Mongolia to monitor implementation of UN recommendations made at a 2010 UN Human Rights Committee meeting in New York.
OSCE APPRECIATES MONGOLIA'S REQUEST
Ulaanbaatar, Mongolia /MONTSAME/ The 18th Meeting of the OSCE Ministerial Council considered on Wednesday a request of Mongolia (partner for cooperation) on forwarding a cooperation level and accepted it in principle.
ABOUT TRAINING FOR EXTERNAL COOPERATION OFFICERS
Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the Law and Treaty Department of the Ministry of Foreign Affairs organized a seminar for external cooperation officers and experts of state agencies and ministries.
PRESIDENT VISITS MUSEUM OF ISLAMIC CULTURE
Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the President Ts.Elbegdorj got acquainted with rare collections, including items related to the Mughal Empire, in the Museum of Islamic Art of Kuwait.
PRESIDENT OF INDONESIA RECEIVED BATBOLD PM
Ulaanbaatar, Mongolia /MONTSAME/ The Indonesian President Susilo Bambang Yudhoyono has pointed out that Mongolia and Indonesia can cooperate in the fields of mining, energy, agriculture and small- and middle-sized productions.
Ivanhoe to build Oyu Tolgoi power plant by 2017
LONDON -(MarketWatch)- Ivanhoe Mines Ltd will need to build a new power plant by the summer of 2017 as part of its agreement with the Mongolian government to develop the country's massive Oyu Tolgoi copper-and-gold deposit.
SSIA monitors drug factories
The State Specialized Inspecting Agency (SSIA) recently inspected pharmaceutical plants, medical supply companies, and pharmacies.
DP program offers free legal advice
The DP is organizing a program called “Mongol Citizens and Lawyers” in connection with the party’s “Mongol Citizens with Freedom” program.
Officials visit Mongolia to monitor human rights
In connection with Human Rights Day on December 10, Christer Telin of the United Nations Human Rights Committee and Patrick Mutzenberg of the NGO Center for Civil and Political Rights are in Mongolia to monitor implementation of UN recommendations made at a 2010 UN Human Rights Committee meeting in New York.
Mongolia and Germany to cooperate on defense issues
During his visit to Germany, Defense Minister L.Bold signed an intergovernmental agreement to cooperate with Germany on defense issues.
Parliament discusses draft law on presidential election
Parliament on Thursday discussed a draft law on the presidential election for the first time.
Mongolian official chairs session
The second session of the Committee on Macroeconomic Policy, Poverty Reduction and Inclusive Development of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) is being held in Bangkok from December 7 to 9.
KUWAIT INVESTMENT AUTHORITY WANTS TO MAKE INVESTMENTS
Ulaanbaatar, Mongolia /MONTSAME/ Kuwait has a big aspiration to make investments to Mongolia, especially in the fields of infrastructure, mining and agriculture.
PARLIAMENTARY DELEGATION VISITS GERMANY
Ulaanbaatar, Mongolia /MONTSAME/ A head of the Mongolia-Germany group at the State Great Khural D.Terbishdagva has exchanged views with Mrs. Petra Pau, a vice president of the Bundestag on activating the inter-parliamentary relations.
PRESIDENT WANTS TO BOOST AGRICULTURAL COLLABORATION WITH KUWAIT
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the President Ts.Elbegdorj exchanged views on widening the Mongolia-Kuwait trade cooperation with Mrs. Amani Buresli, the Kuwait Minister of Commerce and Industry.
S.BATBOLD: BALI DEMOCRACY FORUM MEETS CD'S GOALS
Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister of Mongolia S.Batbold has underlined that Mongolia is adhering to priorities such as a supporting civil society organizations, widening the regional cooperation, and sharing experience with nations by making the education a core topic as for chairing the Community of Democracy (CD).
D.Demberel pays official visit to Japan
D.Demberel, Speaker of the Parliament will pay an official visit to Japan with an invitation from the Speaker of Japan’s house of Councilors.
Statement by Prime Minister Sukhbaatar Batbold at the Bali Democracy Forum IV
Your Excellency President Susilo Bambang Yudhoyono
Prime Minister leaves for Indonesia to take part in Democracy Forum
The Prime Minister S.Batbold left on Wednesday for Indonesia to take part in the 4th Bali Democracy Forum (BDF) to run December 8-9 at the Bali International Convention Center.
Peabody buys stake in Chinese coal logistics company
Peabody Energy Corp . said it has purchased a 5.1 percent stake in China's Winsway Coking Coal Holdings Ltd . through a series of purchases on the Hong Kong Stock Exchange.
B.Ariunsan: There will be no fuel shortage
The Government recently decided to create a 15-day, MNT 5 billion reserve of gasoline to be used in case of a fuel shortage or price increase.
Monvest Aims to be First Mongolian Company to List on Frankfurt Stock Exchange - Salans Appointed Listing Partner
Monvest Inc., an entertainment, leisure and travel (ETL) company that operates the National Lottery of Mongolia, is in line to become the first Mongolian enterprise to do a primary listing on the Deutsche Börse's Frankfurt Stock Exchange (FWB).
President’s Office appeals for alcohol-free New Year
With the New Year holiday fast approaching, the President’s Office has written to numerous state officials, asking them to intensify the president’s “Together for Mongolia without Alcohol” campaign.
Outsourcing center to be built
On Wednesday, the Standing Committee on Security and Foreign Policy discussed a proposed 25-year, USD 20 million loan from the Indian government to the Mongolian government to build an outsourcing center.
Speaker urges speedy action on draft election law
Speaker D.Demberel met with MPP caucus chairman U.Enkhtuvshin and DP caucus chairman Ch.Saikhanbileg on Wednesday.
President continues official visit to Kuwait
President Ts.Elbegdorj met with the Managing Director of the Kuwait Investment Authority (KIA), Bader Mohammed Al-Sa’ad, on Wednesday.
Court says two laws violate Constitution
The Constitution Court met on Wednesday and ruled that some provisions of the law on social insurance and the law on taxation violate the Constitution. Parliament passed both laws in 2007.
Government passes plan to protect children
Chief of the Organization for Children D.Altai informed journalists on Thursday that the organization will implement the Government’s plan to protect children.
MONGOLIA ESTABLISHES DIPLOMATIC RELATIONS WITH TWO COUNTRIES
Ulaanbaatar, Mongolia /MONTSAME/ Mongolia has established the diplomatic relations with the Union of the Comoros and Tuvalu.
Prime Minister leaves for Indonesia to take part in Democracy Forum
The Prime Minister S.Batbold left on Wednesday for Indonesia to take part in the 4th Bali Democracy Forum (BDF) to run December 8-9 at the Bali International Convention Center.
Prosecutor orders further review of events of July 1, 2008
State Prosecutor General D.Dorligjav has ordered additional investigation into the events of July 1, 2008, which resulted in the deaths of five people.
First Lady Kh.Bolormaa receives retired Erdenet geologists
Retired Erdenet Factory geologists who explored Erdenetiin Ovoo, helped set up a copper reserve, and took part in establishing the factory recently met in Ulaanbaatar.
Mongolia aspires for OSCE membership: FM
ULAN BATOR, Dec. 7 (Xinhua) -- Mongolia wants to become a member of the Organization for Security and Cooperation in Europe (OSCE), local media on Wednesday quoted Foreign Minister Gombojav Zandanshatar as saying.
AMBASSADOR OF FRANCE AWARDED A MONGOLIAN TITLE
The title of Foremost Cultural Worker of Mongolia has been bestowed upon Mr. Jean-Paul Dumont, the Ambassador extraordinary and plenipotentiary of France to Mongolia.
Economic ties of Mongolia and Kuwait to be widened
President Ts.Elbegdorj is continuing his official visit to Kuwait. The purpose of the visit is to hold talks to widen economic ties between the two countries.
Mongolia: Connecting for growth
Mongolia’s government has marked this year’s 90th anniversary of its telecommunications sector by pledging new ICT services in health, the transport system and emergency management.
Russians AND THEIR NEIGHBOURS still struggling to end authoritarianism?
In a post to the Globe & Mail’s Worldview blog, Mark Mackinnon wrote about neo-Soviet experiments in Belarus, Russia and Ukraine .
Canada Mongolia Roundtable finally happened
Earlier this year, two scheduled attempts to make the Canada-Mongolia roundtable happen failed.
Peabody buys stake in Chinese coal importer
(AP) ST. LOUIS — Peabody Energy Corp., the world's biggest private-sector coal company, said Wednesday that it bought a 5.1 percent stake in a Chinese coal importer.
Baird plugs religious freedom office, Mongolia, vilifies Belarus at OSCE meeting
What It Means: Foreign Minister John Baird was at the Organization for Security and Co-operation in Europe, an organization that is struggling to establish its legitimacy as a forum for freedom and democracy in Europe, particularly the eastern part of the continent.
bd’s Mongolian Grill names new pres
Joe Phraner has been named president and chief operating officer of bd’s Mongolian Grill, effective in January, the company said Wednesday.
Mongolia Growth Group Ltd. Publishes November 2011 Monthly Letter to Shareholders
Calgary, Alberta CANADA, Dec 07, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its November 2011 letter to shareholders.
Employment program reports 68,071 hires
The Government says 68,071 people were hired through its “Employment Support Year – 2011” program through the end of November, including some 29,000 women.
Standing Committee discusses criminal law amendment
On Tuesday, the Standing Committee on Justice discussed a proposed amendment to the criminal law, which has been submitted by a group of MPs headed by Z.Enkhbold.
Nine Mongolians qualify for 2012 London Olympics
Nine Mongolian athletes have earned spots in the 2012 London Olympic Games.
Economic ties of Mongolia and Kuwait to be widened
President Ts.Elbegdorj is continuing his official visit to Kuwait. The purpose of the visit is to hold talks to widen economic ties between the two countries.
G.Zandanshatar takes part in OSCE meeting
The 18th annual ministerial consul meeting of the Organization for Security and Cooperation in Europe (OSCE) is being held in Vilnius, Lithuania on December 6 and 7.
Mongolia establishes diplomatic relations with Comoros, Tuvalu
In connection with this year’s centennial of the establishment of Mongolia’s diplomatic service, the Ministry of Foreign Affairs and Trade is working to establish diplomatic relations with United Nations member countries that Mongolia does not yet have diplomatic relations with.
NATIONAL PARTY OF LABOR REGISTERED
Ulaanbaatar, Mongolia /MONTSAME/ On Monday, the Supreme Court of Mongolia discussed a request put by T.Enkhbayar on registering the National Party of Labor (NPL) and then listed it as a new political party.
RULE OF NAT'L COUNCIL OF EMPLOYMENT APPROVED
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet approved on Tuesday the rule of the National Council of Employment (NCE).
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the cabinet discussed results of participation of the First Deputy Premier N.Altankhuyag in the 10th session of the Shanghai Cooperation Organization (SCO) Prime Ministers' Council held November 7, 2011 in Saint Petersburg city, Russia.
TS.ELBEGDORJ MEETS KUWAIT FUND'S DIRECTOR-GENERAL
Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj received on Tuesday Abdulwahab Al-Bader, the director-general of the Kuwait Fund for Arab Economic Development (KFAED).
DP to observe historic anniversaries
The DP is observing the anniversaries of two historic events in the party’s history this month.
ABOUT CREATING OIL RESERVE
Accordingly to the cabinet decision made on Tuesday, five billion togrog will be allotted from the risk fund with aim to provide the public transport with 15-day fuel.
"ERDENES OYUTOLGOI" COMPANY SET UP
The cabinet made on Tuesday a decision to found the "Erdenes Oyutolgoi" state-owned LLC as an associate company of the "Erdenes MGL" company.
Just Agro sets precedent for food standards
Just Agro LLC has introduced global food safety standards for the first time in Mongolia.
Kuwait, Mongolia sign MoU on investment opportunities
KUWAIT, Dec 6 (KUNA) -- In the presence of visiting Mongolian President Tsakhia Elbegdorj, Kuwait and Mongolia signed on Tuesday a Memo of Understanding (MoU), aiming at boosting investment projects.
29th Generation Descendant of Genghis Khan Reveals the Golden Legacy of the Mongolian Kings
[Editor’s Note: This article is courtesy of the Cultural Links magazine. Mother Tynnetta’s interview and visit with Dr. Perev Davaanyam, featuring 29th Generation Descendant of Genghis Khan took place in 2003 in Ulaanbaatar at the office of the World Academy of Chingges Khaan.]
Ts.Tumentsogt: The first windmill of Mongolia, overseen by GE to be launched in 2012
Mongolian Permanent Pepresentative of General Electric International Ts.Tumentsogt has given the following interview to Unuudu” newspaper.
Mongolian Airlines takes flight
The Bodi Group is set to launch its new domestic airline, Mongolian Airline. The airline will operate domestically to directly compete with Eznis Airways and Aero Mongolia.
Mongolia holds international chess championship
ULAN BATOR, Dec. 6 (Xinhua) -- International chess players Tuesday gathered here to participate an international chess championship.
President of Mongolia visits the Emir of Kuwait
President Ts.Elbegdorj visited His Highness the Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah of Kuwait at Bayan Palace on December 5.
Gemcom Demonstrates Commitment to Investment in Mongolian Mining Industry's Future
ULAANBAATAR, MONGOLIA, Dec 06, 2011 (MARKETWIRE via COMTEX) -- Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that it has selected the latest recipient of its Mongolian Student Sponsorship Program, Geology student Badral Narankhuu from the Mongolian University of Science and Technology.
Report says half of China iron ore miners stop producing because of cheap imports
Interfax-China reported that about half of China iron ore miners – mainly small and medium-sized firms – have suspended production in the face of dwindling profit margins due to the low price of imported ore.
Draft election law needs more discussion
The MPP caucus discussed a draft election law on Monday and decided to discuss the issue with the DP caucus.
DP to observe historic anniversaries
The DP is observing the anniversaries of two historic events in the party’s history this month.
Mongolian delegates attend meeting of tax consultants
A meeting of tax consultants from Asia and the Pacific region was recently held in Bali, Indonesia.
Erdenes Tavantolgoi vice directors appointed
The Erdenes Tavantolgoi LLC Representative Managing Council met last week and appointed company vice directors.
OLYMPIC CHAMPION E.BADAR-UUGAN RETURNS
Ulaanbaatar, Mongolia /MONTSAME/ A State Honored Sportsman and Olympic champion E.Badar-Uugan has entered an intensive training after a long break due to an injury.
N.TUVSHINBAYAR WINS GOLD IN S.KOREA
Ulaanbaatar, Mongolia /MONTSAME/ A State Honored Sportsman and Hero of Labor N.Tuvshinbayar has won a gold medal at the World Cup competitions.
MONGOLIA ATTENDS IDEA COUNCIL MEETING
Ulaanbaatar, Mongolia /MONTSAME/ A Mongolian delegation has participated in the 20th meeting of the International Institute for Democracy and Electoral Assistance's (IDEA) council.
EMPLOYED PEOPLE IN FIGURES
Ulaanbaatar, Mongolia /MONTSAME/ By December 2 of this year, 68,071 people have got jobs nationwide in frames of the Year of Supporting Employment. Some 29 thousand of them are women.
TRAINING-SEMINAR FOR PARLIAMENTARY OFFICE
Ulaanbaatar, Mongolia /MONTSAME/ The parliamentary office of Mongolia and the International Republican Institute (IRI) co-organized on December 3-4 a training-seminar themed "Supporting research conducting skills of parliamentary office of Mongolia".
TS.ELBEGDORJ TO VISIT KUWAIT AND QATAR
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj left on Monday for Kuwait to pay an official visit.
MARCO POLO'S MONUMENT ERECTED
A ceremony took place on Friday to inaugurate the monument to Marco Polo, an envoy for Khubilai Khaan.
HH Amir of Kuwait receives Mongolia President
KUWAIT, Dec 5 (KUNA) -- His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah accompanied by His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received Monday at Bayan Palace the President of Mongolia Tsakhia Elbegdorj and his accompanying delegation, on the occasion of his visit to the country.
Xanadu Mines delivers maiden coal Resource of 170Mt at Galshar in Mongolia
Xanadu Mines’ (ASX: XAM) wholly owned Galshar Coal Project in the Dornogovi Province of Eastern Mongolia has an initial JORC Indicated and Inferred Resource of 170 million tonnes of coal.
Kincora Copper has high hopes for Mongolian deposit
Kincora Copper 's ( CVE:KCC ) flagship asset is the Bronze Fox deposit in Mongolia, which is in the same geological neighbourhood as the giant Oyu Tolgoi mine, just over 100 miles to the north-east.
L.Purevdorj: Inflation to be about ten percent
Parliament passed a protocol on monetary policy for 2012 on Wednesday. Our correspondent talked with Mongol Bank President L.Purevdorj about the protocol.
MPP and MPRP may form alliance for election
There are reports that the MPP and the MPRP may form an alliance for the 2012 parliamentary election.
Government holds forum on public-private partnerships
The Government held a forum called “Partnership for Development” in the Government House on December 3.
Delegates at forum oppose salary increases
Delegates attending the “Partnership for Development” forum in the Government House on December 3 said they opposed the salary increases for state workers included in the recently passed 2012 budget.
Magazine names Golomt Bank best bank in Mongolia
Banker magazine has named Golomt Bank the best bank in Mongolia for 2011. The magazine also named Golomt the best bank in 2010.
MONGOLIAN UNIVERSITIES' DIPLOMAS MIGHT BE RECOGNIZED IN ASIA-PACIFIC
Ulaanbaatar, Mongolia /MONTSAME/ The Mongolian delegation took part in the 15th meeting of the Regional Convention on the Recognition of Studies, Diplomas and Degrees in Higher Education in Asia and the Pacific.
Bullion has brought Soros fortune and prosperity, now he’s trying his luck with jewelry
Forbes reports billionaire investor George Soros is placing a very particular bet on gold: he’s reportedly buying $40 to $50 million in shares Chow Tai Fook, a Chinese jeweler that’s bigger than Tiffany’s.
MONGOLIANS PARTICIPATE IN SGATAR'S MEETING
Ulaanbaatar, Mongolia /MONTSAME/ The 41st Study Group on Asian Tax Administration and Research (SGATAR) Meeting 2011 has taken place in Kota Kinabulu city, Malaysia.
PARLIAMENTARIANS ABOUT MASTER BUDGET FOR NEXT YEAR
Ulaanbaatar, Mongolia /MONTSAME/ A report was given on Thursday on how the master budget of Mongolia for 2012 was approved by the State Great Khural.
Proposal from citizens relayed to Prime Minister
Prime Minister S.Batbold met with members from the NGO Ulaanbaatar Regional Council on the 2nd of December to discuss the problem of air pollution in the capital city.
Rio Tinto chief: one more year of $120-plus iron ore – then it’s over
Reuters reports Rio Tinto chief executive Tom Albanese said an “aggressive” stance by unions, high labour costs and a potential downturn in world prices threaten plans for vast expansion of its key Australia iron ore operations.
68 Thousand New Workers Registered this Year
As a result of the project “A Year for Support of Employment” established by the Government of Mongolia, 68071 mongolians – 29 thousand of which are female, have been registered as employed as of December 2nd this year.
DP officials meet with journalists
The DP held its regular meeting with journalists on the first Thursday of the month in the Government House on December 1.
Key political risks to watch in Mongolia
ULAN BATOR Dec 5 (Reuters) - Mongolia sits on vast quantities of untapped mineral wealth, the exploitation of which is likely to turn it into one of the world's fastest growing economies over the next decade.
Introducing the 7th annual international tourist fair
“Mongolia – ITF 2011” is an annual fair organized by the Mongolian National Tourism Center, under the supervision of Ministry of Nature, Environment and Tourism. ITF 2011 lasted from December 2 to 3.
Modun Resources inks 489Mt maiden JORC thermal coal Resource in Mongolia
Modun Resources (ASX: MOU) has achieved a significant maiden JORC coal Resource of 489 million tonnes for its wholly-owned Nuurst Project in central Mongolia.
Genghis Khan Keeps an Eye on His Riches
About an hour’s drive from Ulan Bator, Mongolia’s capital, a massive statue of Genghis Khan in shining armour emerges out of the steppe.
Mongolian Resource Corporation hits 11m at 5.6g/t gold at historic Sujigtei mine
Mongolian Resource Corporation (ASX: MUB) has intersected high grade gold from drilling of the first nine holes at the historical Sujigtei Gold Mine Project in Mongolia.
Mongolia Enthrones Its Dalai Lama
Dec. 5 – Mongolia has confirmed the ninth Bogd Jebttsundamba Khutughtus in a ceremony at the Gandantegchinlin Monastery in Ulaanbaatar.
CWP allies with another party
Civil Will Party (CWP) Chairman S.Oyun, Deputy Chairman E.Zorigt, Secretary General G.Gankhuu, and the head of the NGO Justice for Citizens, Kh.Bat-Yalalt, held a press conference in the Government House on Thursday.
Parliament appoints new ambassadors
On Thursday, Parliament discussed the president’s nominations for various ambassadorships.
1,000 attend conference on finance
The Finance and Treasury Department of the Mayor’s Office held its fifth conference for financial, accounting, and economics professionals at the Culture Palace on Thursday.
Teachers announce strike
About 300 disgruntled teachers were hoping to meet with Finance Minister S.Bayartsogt, Social Welfare and Labor Minister T.Gandi, and Education, Culture and Science Minister Yo.Otgonbayar on Thursday, but the ministers never showed up.
First test of garbage recycling facility scheduled
A garbage recycling facility in the Songinokhairkhan district has scheduled its first test run for 3 p.m. on Friday.
Forum on risk management held
The Business Council of Mongolia and Mandal General Insurance Office jointly held a forum called “Risk Management 2011” on November 30.
Tax aside, Australia's on the money, says Friedland
MINING billionaire Robert Friedland had some comforting news for the industry yesterday, declaring that Australia did not need to worry about the financial travails of Europe and that global warming was much more desirable than global cooling.
Mongolia, ADB sign loan deal for road construction
ULAN BATOR, Dec. 1 (Xinhua) -- Mongolia and the Asian Development Bank (ADB) on Thursday signed an agreement involving loans worth 170 million U.S. dollars.
The poverty of nations
It can be miserable living in an economy in transition. Hyperinflation might destroy your life savings in a matter of months.
Mongolia aims to continue fight against AIDS
ULAN BATOR, Dec. 1 (Xinhua) -- Mongolia will continue to curb the spread of HIV and strive to maintain a low prevalence of the AIDS epidemic, a government official said Thursday.
Friedland sets out to slay more dragons
MINING and Mongolia evangelist Robert Friedland yesterday smote not only his usual targets - politicians and the media - but did his best to slay the hysteria surrounding Europe's teetering economies.
Mongolian Snow Leopards Enterprises wins World Challenge 2011
Snow Leopard Enterprises, from Mongolia, has been named as the winner of this year’s World Challenge competition, taking the first prize of a $20,000 grant from Shell to help develop their initiative.
Haranga Resources strikes high grade iron in Mongolia's premier development region
Haranga Resources (ASX: HAR) is having some exploration success in Mongolia, with the company delivering a very promising set of drilling results from a project which is strategically located in the heart of the country's premier iron ore development region.
Hamden Commissioner Helps Democracy in Mongolia
Ann Altman, a former member of the Legislative Council and current Planning and Zoning Commissioner, strives to improve the young democracy in Mongolia by sharing her expertise of Hamden's government.
Advice from on high - look to the east
Mining and Mongolia evangelist Robert Friedland yesterday smote not only his usual targets - politicians and the media - but did his best to slay the hysteria surrounding Europe's teetering economies.
Mandal Insurance to Offer Dedicated Expat VIP Insurance Services in Mongolia
Dec 01, 2011 (Filing Services Canada via COMTEX) -- Mandal Insurance to Offer Dedicated Expat VIP Insurance Services in Mongolia
Professor honored for work in Mongolia
University of Hawaiʻi at Mānoa Public Administration Program Director and Professor Dick Pratt received two awards for his work in Mongolia.
Blina Minerals steps away from Mongolian copper gold project
Blina Minerals (ASX: BDI) will not pursue the company’s Mongolian Copper Gold Project following an independent expert’s review.
Successful Completion of Seismic Campaign 2011 in Mongolia
Manas Petroleum Corp ("Manas") (TSX-V: MNP; OTCBB: MNAP) is pleased to announce that Gobi Energy Partners LLC ("Gobi"), a Manas subsidiary and the operator of its exploration project in Mongolia, has completed its 2011 seismic program.
“100,000 Apartments” program off to slow start
Some low- and middle-income citizens hoping to buy subsidized apartments under the government’s “100,000 Apartments” program say they are disappointed with the program’s progress.
Government, ADB reach agreement on road building
The Mongolian government and the Asian Development Bank (ADB) have reached an agreement on financing the building of roads in the west region of the country.
Some 10,000 teachers strike for higher salaries
Some 10,000 teachers from 108 secondary schools in the capital and local settlements went on a one-day strike on Wednesday, demanding salary increases beginning in January.
Parliament passes 2012 budget
Parliament passed the 2012 state budget on Wednesday, barely beating a December 1 deadline.
STANDING COMMITTEE MEETING HELD
Ulaanbaatar, Mongolia /MONTSAME/ Parliamentary Standing committee on budget discussed bills to amend laws on income tax of individuals, income tax of companies and budgetary statement and assumption on November 29.
DRAFT LAWS AND RESOLUTIONS SUBMITTED
Ulaanbaatar, Mongolia /MONTSAME/On Wednesday, the cabinet submitted to parliament a draft parliamentary resolutions on setting state ratings for some cities and on state policy for media and communications.
AGRICULTURAL DELEGATION VISITS AUSTRALIA
Ulaanbaatar, Mongolia /MONTSAME/ A delegation led by P.Altangerel, the head of the Standing committee on environment and agriculture and E.Bat-Uul MP, visited Australia on November 28-30 to study agricultural experience of this country.
Entree Gold Closes Financing Rio Tinto Exercises Pre-Emptive Rights
Entree Gold Inc. CA:ETG +4.03% EGI +8.20% (frankfurt:EKA) (“Entree” or the “Company”) is pleased to announce that it has closed its previously announced marketed offering of 10,000,000 shares at a price of $1.25 per share.
2 men arrested on suspicion of defrauding Asashoryu of 100 mil. yen
Police arrested two men Wednesday on suspicion of swindling about 100 million yen in cash from former yokozuna sumo wrestler Asashoryu in April 2009.
WORKING PLAN ON AIR POLLUTION APPROVED
The Cabinet meeting on Wednesday approved a measures plan on reducing air pollution in Ulaanbaatar city.
The 2011 corruption perceptions index:Mongolia 120/182
Public outcry at corruption, impunity and economic instability sent shockwaves around the world in 2011.
DB to issue bonds worth USD 60 million
Finance Minister S.Bayartsogt informed the Standing Committee on Economics on Tuesday that the Development Bank (DB) is planning to issue bonds worth USD 60 by the end of the year.
Ivanhoe CEO: No delay in power for Oyu Tolgoi mine
MELBOURNE -(MarketWatch)- Ivanhoe Mines Ltd. IVN +7.80% remains confident power from China for its massive copper and gold mine being developed in neighboring Mongolia will be delivered on schedule, the company's chief executive said Thursday.
L.Bold: Citizens should own ten percent of Oyutolgoi
In a speech on Tuesday, Defense Minister and MP L.Bold called for the Government to distribute ten percent of the shares in the Oyutolgoi deposit mine to Mongolian citizens.
Ivanhoe sees low chance of power delay to Oyu Tolgoi mine
* CEO sees only small chance of power-related delay to Oyu Tolgoi * China anxious for copper form Oyu Tolgoi - Friedland * Mongolian mine one of world's largest copper deposits
RULES ON ANNOUNCEMENT OF DISASTERS APPROVED
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet meeting discussed and approved a rule on informing about disasters.
MONGOLIA AT HIGH-LEVEL MEETING OF UNFCCC
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Environment and Tourism L.Gansukh will give a report on Mongolia's governmental activities aimed at adapting to the climate change and reducing it.
SPEAKER MEETS UNIONS' LEADERS
Ulaanbaatar, Mongolia /MONTSAME/ The Parliament Speaker D.Demberel met on Tuesday S.Ganbaatar, the president of the Mongolian Trade Unions (MTU), and Kh.Kh.Ganbaatar, the president of the Mongolian Union of Employers (MUE).
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet discussed on Wednesday results of the State Head's official visits to Italy, Vatican and Croatia and of a working visit to the Great Britain paid October 17-26, 2011.
B.BAATARZORIG RECEIVES CHINESE REPS
Ulaanbaatar, Mongolia /MONTSAME/ A first vice Mayor of Ulaanbaatar city B.Baatarzorig received representatives, led by a vice Mayor of Manchuria city of China, Yao Jinling on November 29.
Law on election is discussed by the Parliament
They also decided voters’ names will be listed 25 days before the election.
Jean-Frédéric Légaré-Tremblay on How Mining Activities are Testing Mongolia’s Sovereignty
Jean-Frédéric Légaré-Tremblay is a Canadian journalist who frequently writes on international affairs for Le Devoir and l’Actualité.
Businesses plan for possible end of euro
International companies are preparing contingency plans for a possible break-up of the eurozone, according to interviews with dozens of multinational executives.
Mongolia’s Big Social Innovation Climate Change Experiment
Mongolia is about to embark on a huge social innovation experiment this November, as it tries to counter the harsh effects of global warming on its capital city, Ulan Bator. This groundbreaking project aims to store freezing winter temperatures in a giant block of ice that will help to cool and provide fresh drinking water to the city as it slowly melts during the summer heat.
Aspire Mining Limited (ASX:AKM) and Noble (SGX:N21) Agree Marketing and Logistics Alliance
Perth, Dec 1, 2011 (ABN Newswire) - Mongolian focused Aspire Mining Limited ( ASX:AKM ) is pleased to announce that it has entered into a strategic marketing and logistics Alliance Agreement ("Agreement") with a wholly-owned subsidiary of Noble Group Limited (SGX: N21 "Noble") to assist with the development of Aspire's world class Ovoot Coking Coal Project in Mongolia ("Ovoot").
Mongolia importing more cars from China
According to an Inner Mongolian newspaper, Mongolia imported 4,013 motor vehicles worth USD 136 million through the Ereen border point in the first three quarters of this year.
German technology to be exhibited in Mongolia
The German high-technology trade association VDMA, or German Engineering Federation, is organizing an international exhibition with the assistance of the Mongolian government in the Buyant-Ukhaa complex from May 16 to 19, 2012.
Emergency board to cooperate with Australian Red Cross
Mongolia’s National Emergency General Board (NEGB) and the Australian Red Cross signed an agreement on Tuesday to increase cooperation.
Parliament to pass 2012 budget
Wednesday is the deadline for Parliament to pass the 2012 state budget. In its afternoon session, Parliament will discuss the budget for the fourth time, and is expected to approve it.
Standing Committee approves monetary policy
On Tuesday, the Standing Committee on Economics discussed monetary policy for 2012. The committee decided to submit the policy to Parliament.
Standing Committee discusses taxes, Development Bank
The Standing Committee on Budget discussed on Tuesday a draft law on personal income taxes, amending the business tax code, 2012 Human Development Fund allowances, and the Development Bank (DB).
Parliament discusses draft election law
Parliament discussed the draft election law on Tuesday. MPs decided that the Election General Committee and the Ministry of Foreign Affairs will oversee the balloting of Mongolians who live abroad.
Officials discuss corporate governance
The International Finance Corporation (IFC) and the Development Center for Company Governance (DCCG) are holding a conference on corporate governance in the Khaan Bank hall on Wednesday.
PRESIDENT RECEIVES AMBASSADOR OF FRANCE
Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj received on Tuesday Mr. Jean-Paul Dumont, the Ambassador Extraordinary and Plenipotentiary of the Republic of France to Mongolia, in conjunction with completion of diplomatic mission.
Visiting PhD Student at UBC: Sodnom DOLJIN
S DOLJIN arrived in Vancouver this week to spend a year here at UBC as a visiting scholar at the Centre for Asian Legal Studies .
Copper slips after rally; euro zone meet eyed
London copper retreated on Tuesday, after posting its biggest single-day gain in a month in the previous session, as investors weighed whether eurozone policymakers can actually come up with solid measures to resolve a widening sovereign debt crisis.
Coal In Mongolia: The China Factor, Part I
China is the world’s biggest consumer and producer of coal. Mongolia is on China’s border to its north.
Investing in Mongolia
When Germany’s chancellor, Angela Merkel, met Mongolian president Tsakhia Elbegdorj in his yurt recently it might have had all the trappings of a purely ceremonial occasion.
FLSmidt & Co : A strong belief in the Mongolian market
29 November 2011 With a new office in Ulaanbaatar, the capital of Mongolia, and a Super Center in the South Gobi desert FLSmidth is entering Mongolia.
MNT 1 trillion to be cut from Mongolian Government budget for 2012
Interview with D.Khayankhyarvaa, the head of the Mongolian Standing Committee on Budget, about the proposed 2012 state budget.
Hopes for a breakthrough in plans to protect world's oldest nature reserve
Protecting the world's oldest nature reserve from the planet's most polluted capital was never going to be easy, but the Mongolian authorities and the World Bank aim to do just that in the coming days when they meet to discuss a plan to limit the sprawl of Ulan Bator.
SYNOPEX is dedicated to supporting of Mobile Safe Water System in Mongolia
SYNOPEX and NWC (National Water Committee, Mongolia) have signed MOU for the safe water supply in Mongolia for next decades in collaboration with the UNESCAP. As an initial activity of cooperation, NWC and SYNOPEX agreed to implement jointly the project on the Mobile Safe Drinking Water Supply System (SMDT: Synopex Mobile Drinking Water Feeding Trailer) and SMDT-20 was provided to Mongolia on Nov. 18th 2011.
Coal In Mongolia: Investing
During a two week visit to Mongolia in September, I met with six different local brokerage houses.
Khan Investment Management at the Mongolia Investment Summit
Khan Investment Management ( www.Khan-Management.com ) recently exhibited at the Mongolia Investment Summit in Hong Kong, October 25-27, promoting its flagship product, the Khan Mongolia Equity Fund, successfully launched in October 2011.
Ch.Saikhanbileg: Draft election law to be passed this week
After the DP caucus meeting, caucus chairman Ch.Saikhanbileg briefed journalists on the meeting.
Mongolian food company adopts international standards
Just Agro LLC was audited by SGS International for compliance with international food safety standards known as HACCP (Hazard Analysis Critical Control Point) at its meat processing factory on November 25.
Health insurance deduction won’t increase
Ts.Gantsetseg, the head of the Health Insurance Monitoring and Financial Board of the Social Insurance General Office, has told the newspaper Uls Turiin Toim that the national health insurance deduction will not increase next year.
101 more kindergartens to join strike
Some kindergarten teachers went on strike in Ulaanbaatar on Monday morning, closing four kindergartens in the Bayanzurkh district and one in the Khan-Uul district.
D.Amarsaikhan: Mongolia won’t be affected by Russian fuel shortage
Russia says it will cut its fuel exports by 80 percent beginning December 1 to help the country cope with a domestic fuel shortage.
MPP conference continues
The MPP conference continued on Monday with the election of party secretaries and members of the party’s managing council.
CTU says all sectors might strike
Managing officials of the Confederation of Trade Unions appealed on Tuesday to employees of state organizations to intensify their demand for salary increases in the 2012 budget proposal.
RECEPTION HELD IN AUSTRALIA
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to Australia Ts.Jambaldorj has organized a reception for the national celebration of Independence Day, in the old house of Australian parliament.
UNIVERSITY TO COOPERATE WITH RIO TINTO
Ulaanbaatar, Mongolia /MONTSAME/ A cooperation memorandum has been signed between the “Rio Tinto holding” company and Mongolia's State University.
"FUTURE MONGOLIA 2012" EXHIBITION EXPECTED
Ulaanbaatar, Mongolia /MONTSAME/ International fair and conference both themed “Future Mongolia 2012” will run on May 16-19 in 2012 in Ulaanbaatar.
COMPANY GOVERNANCE WILL BE CONSIDERED
Ulaanbaatar, Mongolia /MONTSAME/ A conference themed “New law on company and company governance” will run on November 30.
"MONGOLIA ITF 2011" TO TAKE PLACE
Ulaanbaatar, Mongolia /MONTSAME/ The seventh international tourism fair themed “Mongolia ITF-2011” will run on December 2-3 in Misheel expo center. It will be co-organized by the Ministry of Nature environment and tourism, the National center of tourism. The fair will be attended by business representatives of Russia, China, Great Britain, Republic of Korea, Spain, by authorities of international projects and programmes of “Ikh tumen river”, “Tea road”, and by delegates of Mongolia's 21 aimags. At the fair, more than 80 organizations such as tour operators, hotels, tourist camps, air companies, state institutions, NGOs, projects, programmes, art and culture organizations and business entities intend to widely propagandize their products. Many kinds of measures will run during the fair, for example, invited specialists and advisors will run short meetings and seminars. B.Oyundelger
VOLUNTEERS TO WORK AT NAT'L EMEREGENCY MANAGEMENT AGENCY
Ulaanbaatar, Mongolia /MONTSAME/ The National Emergency Management Agency (NEMA) and the Australian Red Cross (ARC) will cooperate in a scope of the international development program of Australian volunteers.
INT'L MARITIME ORGANIZATION CONVENES
Ulaanbaatar, Mongolia /MONTSAME/ The Mongolian delegation is taking part in the 27th Assembly of the International Maritime Organization (IMO).
UNIDO CONFERENCE CO-CHAIRED BY MONGOLIAN BEGINS
Ulaanbaatar, Mongolia /MONTSAME/ The 14th session of the United Nations Industrial Development Organization's (UNIDO) General Conference kicked off on Monday in Vienna, Austria.
MONGOLIA-HUNGARY CONSULTATIVE MEETING RUNS
Ulaanbaatar, Mongolia /MONTSAME/ A consultative meeting between Foreign affairs Ministries of Mongolia and of Hungary run on November 28 in Ulaanbaatar.
MPP SELECTS ITS SECRETARIES
Ulaanbaatar, Mongolia /MONTSAME/ A second meeting of the Mongolian People's Party (MPP) Conference ended on Monday.
Miner plans London listing in New Year
A MONGOLIAN coal miner is considering a multi-billion flotation in London in a deal that will please investment bankers who have been largely starved of new issues in London’s faltering IPO market.
Rio set to win bidding war for uranium miner
Rio Tinto is poised to win a bidding war for a Canadian uranium company after Cameco, the world’s biggest uranium producer, declined to raise its offer for a second time.
Copper Panorama to Rule RIO Future - Analyst Blog
Copper investments in Asia look attractive and given the pros and cons, Rio Tinto Plc . ( RIO ) stands to cash in on the opportunities.
Senior CPC official pledges closer ties with Mongolian political party
BEIJING, Nov. 28 (Xinhua) -- A senior official of the Communist Party of China (CPC) pledged Monday to boost ties with the Mongolian National Democratic Party.
Erdene Closes $1,715,000 Financing Pursuant to Private Placement Through Mongolian International Capital Corporation
HALIFAX, NOVA SCOTIA, Nov 28, 2011 (MARKETWIRE via COMTEX) -- Erdene Resource Development Corp. CA:ERD -8.75% ("Erdene" or "Company"), is pleased to announce that it has closed $1,715,000 of a private placement announced on November 16, 2011 and issued 4,287,500 shares at $0.40 per share.
Mongolia economic policies 'too expansionary' - IMF
WASHINGTON Nov 28 (Reuters) - Mongolia's economic policies are "too expansionary" and are creating inflationary pressures, the International Monetary Fund warned on Monday, calling for further rate hikes.
Study: Ulaanbaatar metro possible by 2020
A metro construction research team reported the results of a two-year study to the mayor on Thursday.
New MPP headquarters opens
The new MPP headquarters, named the Palace of Independence, officially opened on November 26, Mongolia’s Independence Day.
MPP, DP caucuses propose budget cuts
The MPP and DP caucuses both discussed the proposed 2012 budget last Friday.
Standing Committee approves HDF allowances
The Standing Committee on Budget discussed the proposed 2012 budget and Human Development Fund (HDF) allowances last Friday.
Kindergarten teachers strike
Some kindergarten teachers went on strike in Ulaanbaatar on Monday morning, closing four kindergartens in the Bayanzurkh district and one in the Khan-Uul district.
Ch.Saikhanbileg: Draft election law to be passed this week
After the DP caucus meeting, caucus chairman Ch.Saikhanbileg briefed journalists on the meeting.
PRESIDENT'S PRIZES GO TO YOUNG SCHOLARS
Ulaanbaatar, Mongolia /MONTSAME/ Prizes named after the President of Mongolia have been given to young scholars for the great success in research works.
PARLIAMENTARY OFFICE WILL RUN SOME MEASURES
Ulaanbaatar, Mongolia /MONTSAME/ The parliamentary office will organize several actions on November 26, dedicated to the 87th anniversary of the Independence day of Mongolia.
AUSTRIAN JOURNALISTS CLUB WANTS TO COOPERATE WITH MONGOLIA
Ulaanbaatar, Mongolia /MONTSAME/ The president of the United Confederation of Mongolian Journalists (UCMJ) T.Baasansuren received on Friday Mr. Christian Steiner, the Ambassador of Austria to China, who was here to take part in the 3rd meeting of EU ambassadors to Mongolia held in Ulaanbaatar.
Pressure on rich over coal rules
AUSTRALIA and other rich countries are under pressure to change rules that allow them to meet climate change targets by subsidising coal plants in poor countries.
Mongol Bank: Tugrug rate will not be cut
Officials of Mongol Bank held a press conference on Thursday to officially inform that the tugrug rate will not be cut next year, denying rumors that the rate would be cut twice in connection with depositors’ savings in US dollars.
Managing officials of Chinese city visiting Ulaanbaatar
Deputy Mayor B.Baatarzorig received managing officials of the city of Ereen, China on Friday.
Global commodities customers more cautious – Rio Tinto
Global miner Rio Tinto warned on Monday that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver, with its customers increasingly cautious on the outlook.
Mongolia Energy (00276): Mongolia passes Khushuut Rd pjt
(Infocast News) Mongolia Energy (00276) said that the 311-km Khushuut Road has been inspected and passed by the Mongolia Authority and that it will commence China coal shipment shortly.
Mongolia Coal IPO Value May Be $15 Billion, Times Says
State-owned Mongolian coking-coal miner Tavan Tolgoi is considering an initial share sale that may value the company at 10 billion pounds ($15.4 billion), the Sunday Times reported, without saying where it got the information.
MIAT partnering with Bodi to create a new Mongolian domestic airline
A new competitor to already established domestic players. Is this the first step of a privatisation of MIAT towards Bodi?
Mongolia Energy Corp : MEC to Commence China Coal Shipment
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement MONGOLIA ENERGY CORPORATION LIMITED
Developing economies see no escape from coal
Concrete towers rise over the African bush, as the continent’s largest coal-fired power station takes shape in a multi-billion-dollar testament to developing nations’ love affair with coal.
Russian steelmaker buys Australian iron ore prospect for A$554 million
Investors are wondering why Russian steel-maker Magnitogorsk Iron and Steel Works is buying Flinders Mines (ASX:FMS) for A$554 million.
Iron ore prices to cool off as China set to raise output
Iron ore prices, which have been steadily climbing to touch $200 per tonne, may cool off in the long run as China is all set to increase iron ore production.
Copper company shares getting hammered; some down as much as a third
Shares in some of the world’s biggest copper producers are getting trounced as the price of the bellwether metal continues to flounder around the $3.27 per pound mark.
Cover-up of Russia’s 2002 offer to store Japan’s spent nuclear fuel a wasted opportunity
Government officials’ cover-up of a diplomatic document, in which Russia once offered to temporarily store spent nuclear fuel generated at nuclear power stations in Japan, has deprived the public of opportunities to have discussions on Japan’s nuclear fuel cycle policy.
Rio Tinto, Chinalco finalize exploration joint venture
A joint venture between uber-miner Rio Tinto and Chinese partner Chinalco was finalized on Friday.
Russia Today travels to Kalmykia, the only European Buddhist republic
Kalmykia is a steppe region in the south of European Russia and the only European Buddhist republic.
Mongolian Limbe Flute Added to UN List of Intangible Heritage in Need of Urgent Safeguarding
In Mongolia, there is cause for concern about the performance techniques of limbe practitioners.
Oldest hairy microbe fossils discovered
Ancient rock deposits, laid down between two massive ice ages, reveal the oldest known fossils for two types of single-celled creatures: Tube-shelled foraminifera and hairy, vase-shape ciliates.
Copper Investing In Mongolia
Mongolia's predicted economic boom hinges on the premise that the Oyu Tolgoi copper-gold mine will be a driver of the economy's growth. Mongolia's GDP in 2010 was $6.8 billion.
Mongolia Growth Group Raises Private Funds To Deploy In Country's Real Estate Market
There is currently only one publicly traded company outside of Mongolia that is a pure play on Mongolia with no investments in the energy or mining sectors.
Mongolia's Tavan Tolgoi to list in U.K., Hong Kong
LONDON (MarketWatch) -- Mongolian state-owned coal miner Tavan Tolgoi is preparing to list its shares in London, Hong Kong and Ulan Bator, in a process which could value the firm at as much as GBP10 billion, the Sunday Times reported.
Industrialization Policy Council meets
The Industrialization Policy Council met on Thursday and council chairman and First Deputy Prime Minister N.Altankhuyag, Deputy Minister for Food, Agriculture and Light Industry Kh.Zoljargal, Deputy Minister for Finance Ch.Gankhuyag, Chief of Small and Middle Business Office Ts.Nyam-Osor, and other relevant officials took part in the meeting.
ACA chief receives Asia Foundation representative
Anti Corruption Authority Chief N.Ganbold on Thursday received Meloney C.Lindberg, the Asia Foundation’s permanent representative in Mongolia.
President nominates replacement ambassadors
President Ts.Elbegdorj’s advisor, P.Tsagaan, has submitted to Speaker D.Demberel the president’s nominations for ambassadorships.
Border points to be closed for holidayBorder points to be closed for holiday
The border points in Shiveekhuren, Khangi, Bulgan, Gashuunsukhait, and Zamiin-Uud will not be open on Saturday, November 26 in observance of Mongolian Independence Day.
“Best of” mining sector awards to be handed out
The 2011 “best of” mining sector awards will be announced at 6 p.m. on Friday at Bayangol restaurant.
NAT' DEMOCRATIC PARTY HEAD IN CHINA
Ulaanbaatar, Mongolia /MONTSAME/ A director of the International department of the Central Committee of the Communist party of China, Wang Jiarui has received the head of the National democratic party of Mongolia M.Enkhsaikhan.
Mongolia Studies Centre at ANU
It appears that the Australian National Univ. has set up a Mongolian Studies Centre .
"PARTNERSHIP COOPERATION IN REDUCING DISASTER RISKS" SEMINAR RUNS
A “Partnership cooperation in reducing disaster risks” national seminar ran on November 24.
Xinjiang Carries Coal from Mongolia
Xinjiang autonomous region of China and the Republic of Mongolia officially realized coal transportation on November 23.
PROGRESS UNCLEAR ON TT IPO
Although Mongolia still plans to list its Tavan Tolgoi coal mine in Hong Kong, London, and the Ulaanbaatar, it is still too early to say exactly when, said the newly appointed chief financial officer for the project, Angus Caithness.
Letter from Mongolia: ‘Above my hat, there is only Tengri’
In Mongolia, the land flows onward and upward further than the eye can see. The steppe seems more like an ocean than a landmass.
Kazakhstan: world’s largest uranium miner
Kazakhstan’s international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed.
Google retires initiative to make renewable energy cheaper than coal
Energy Efficiency News reports internet giant Google has quietly announced that it is to retire its ‘Renewable Energy Cheaper than Coal’ or RE Google spearheaded various projects and made investments in companies working on potentially ‘breakthrough’ technologies, including $168 million for a solar tower project in California and geothermal mapping. As part of its broader renewable energy programme Google has made several investments totaling more than $850 million in the US and Germany.
Rio Tinto, Chinalco JV to hunt for copper in China
Rio Tinto said on Friday it would initially explore for copper in China under a newly-formed partnership with state-owned Chinalco before branching out into other commodities.
Copper Shortfall Likely to Remain in 2012, OZ Minerals Says
Copper supply shortages, which have been driven by operational problems and labor strikes in South America and Indonesia, are likely to persist next year, said OZ Minerals Ltd. (OZL) Australia’s third-biggest producer by market value.
Some car imports from Japan to stop
The Nuclear Energy Authority (NEA) of Mongolia and Customs Office of Ulaanbaatar have jointly an import ban on some cars from Japan beginning November 30.
U.S. conductor to conduct ballet “Atilla”
Stanford Symphony Conductor Jindong Cai has arrived in Mongolia to conduct the symphony orchestra’s performance of the ballet Atilla at the State Academic Theatre on November 26.
MONGOLIA MAY HELP SET UP NUCLEAR WEAPON-FREE STATUS IN MIDDLE EAST
The Director-General of the International Atomic Energy Agency (IAEA) Mr. Yukia Amano has appreciated measures taken by Mongolia for a development of its nuclear weapon free status and asked Mongolia to share the experience.
From Mongolia, to study Akshaya
THIRUVANANTHAPURAM An international delegation comprising 17 members from the Mongolian Government is in the city to learn about Akshaya as part of the overall study tour to the country to learn about e-governance activities.
N.Tsolmon: Now we can detect suspicious object in our laboratory without crushing
Mongolian one and only laboratory to detect drug is in Mongolian Customs Organization. Not many people know about this lab, therefore to ask more about this, the Chief of the Central Laboratory of Customs N.Tsolmon gave us more information.
Manas Petroleum Corporation to Present at the Visor Capital Central Asian Conference & at Luncheon Event
BAAR, Switzerland, November 24, 2011 -- /PRNewswire/ -- Manas Petroleum Corp. ("Manas") (OTCBB: MNAP / TSX.V:MNP) today announced that CEO Peter-Mark Vogel, will present a corporate overview of the Company at the Visor Capital Central Asian Conference day of November 24, 2011. The event will take place at 23 Austin Friars, London, UK. Additionally, President & Director Dr. Werner Ladwein will present a corporate overview of the Company at a luncheon event held in Munich, Germany at the Restaurant Kaefer on November 25, 2011 at 12:00 p.m. CET. The presentation will also be available on the Company website at http://www.manaspetroleum.com About Manas Petroleum Corp. Manas Petroleum is an international oil and gas company with primary focus on exploration and development in South-Eastern Europe, Central Asia and Mongolia. In Albania, Manas participates in a 1.7 million acre exploration project through its equity interest in Petromanas Energy Inc., a Canadian publ...
Sunrise™ in Mongolia Tecan Group Ltd.
An amazing collaboration between staff from Tecan, Children’s Hospital Boston, and Brigham and Women’s Hospital has resulted in the donation of a Tecan Sunrise™ microplate reader to Mongolian medical researchers, assisting their studies of vitamin D levels in the general population.
Mongolian Throat Singers Receive grand prix
Mongolian throat singers participated successfully in the 5th “Gazar delkhii amisgaa” International Throat Singing Festival, which was held from November 17 to 21 in Buryats, Russia.
Mongolian Skier To Participate in Winter Youth Olympics
There are 51 days left until the Winter Youth Olympic Games organized by the International Olympic Committee (IOC) are to be held.
Electronic ID cards to be issued in December
Sources tell us that the Government will begin issuing new electronic identification cards to citizens beginning December 20.
Japanese firm may build recycling plant in Ulaanbaatar
Kawashima Group, a Japanese firm with 50 years of recycling experience in Japan, is looking into the possibility of building a recycling plant in Ulaanbaatar.
B.Batjargal: DB to finance railroad projects first
B.Batjargal, head of the Budget Policy Board of the Finance Ministry and head of the Representative Managing Council of the Development Bank (DB), recently spoke with one of our correspondents.
Soum residents oppose Australian mining company
Residents of Tsetserleg soum of Khuvsgul aimag say they will send a note to Mineral Resources and Energy Minister D.Zorigt opposing the activities of an Australian mining company in the area of the soum.
Standing Committee approves proposed loan agreement
The Standing Committee on Security and Foreign Policy discussed a proposed loan agreement between the Government and the Asian Development Bank to finance road construction in the western region.
Teachers to strike next Monday
Secondary school teachers in the capital and local settlements have informed journalists that will strike next Monday.
Parliament approves Tavantolgoi protocol change
Parliament discussed a proposal regarding Parliament the 39th protocol that was submitted by MPs Ya.Batsuuri and D.Odbayar on Thursday and approved further discussion.
MONGOLIA ESTABLISHES DIPLOMATIC TIES WITH ANDORRA
Ulaanbaatar, Mongolia /MONTSAME/ Mongolia has established the diplomatic relations with the Principality of Andorra. The ceremony ran in New York city, USA, the Ministry of Foreign Affairs reports.
NAT' DEMOCRATIC PARTY HEAD IN CHINA
Ulaanbaatar, Mongolia /MONTSAME/ A director of the International department of the Central Committee of the Communist party of China, Wang Jiarui has received the head of the National democratic party of Mongolia M.Enkhsaikhan.
UNDP OPENS FINANCIAL DATA TO PUBLIC
Ulaanbaatar, Mongolia, /MONTSAME/ Members of the public can now access financial data on the United Nations Development Programme's (UNDP) development activities for the most recent fiscal period, thanks to a new open data portal appeared on November 23.
OPEN DOOR DAY IN STOCKHOLM APPROACHES
Ulaanbaatar, Mongolia /MONTSAME/ The Embassy of Mongolia in Sweden will organize an open-door measure for Mongolians living in Scandinavian countries.
Y.AMANO:MONGOLIA MAY HELP SET UP NUCLEAR WEAPON-FREE STATUS IN MIDDLE EAST
Ulaanbaatar, Mongolia /MONTSAME/ The Director-General of the International Atomic Energy Agency (IAEA) Mr. Yukia Amano has appreciated measures taken by Mongolia for a development of its nuclear weapon free status and asked Mongolia to share the experience.
CABINET NEWS IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ The Cabinet meeting on Wednesday decided to submit to parliament a new wording of the law on mental health.
ABOUT IMPLEMENTATION OF GOVERNMENTAL WORKS
Ulaanbaatar, Mongolia /MONTSAME/ The Head of the Cabinet Secretariat of Government Ch.Khurelbaatar gave report on implementation of the governmental works in the third quarter of 2011.
MPP faction in the Parliament held its regular meeting yesterday
Mongolian People’s Party faction in the parliament discussed two issues in its regular meeting held on 21st November.
SIX FLYOVERS WILL BE BUILT
S.Batbold made a report on the city's auto-road works done in 2008-2011 and nearest plans at the parliamentary session on November 18.
ROADS TO BE CONSTRUCTED THROUGH OPEN TENDERS
The cabinet meeting approved on Wednesday a list of construction works of autoroads.
Copper set for worst performance since 2008 as China says ‘global recession is certain’
Reuters reports copper hit its lowest in nearly a month on Monday as investors, already mired in worries over Europe’s debt, digested news that US plans to combat debt are in disarray and took in warnings from China about gloomy global growth prospects.
Maintaining Mongolian Culture
Mongolian students often learn English at accelerated rates, and their relatively small numbers — 172 students in the Arlington public schools — compound the possibility of losing their unique background.
Micromine software solution installed at Tayan Nuur
Mining software and solutions provider Micromine has been contracted by Altain Khuder LLC to supply and install its mine control and management reporting solution, Pitram, at the Tayan Nuur iron ore mine in Mongolia.
Global copper demand remains strong – Aurubis
Global copper demand remains firm despite fears of an economic slowdown and key consumer China is likely to raise imports again in November, Aurubis, Europe’s biggest copper producer, said on Tuesday.
Korean Financial Services Commission(FSC) made MOU with Mongolian Financial authorities and organized foreign financial cooperation committee
Sok-dong Kim, Chairman of FSC had visited Mongolia on September for deliberating the way to facilitate financial service cooperation between South Korea and Mongolia.
Mongolian pastureland damaged by illegal activities: official
ULAN BATOR, Nov. 23 (Xinhua) -- About Seventy percent of Mongolia's pastureland has already degraded due to illegal mining and overgrazing, an official said.
Fitch affirms Mongolia at 'B+'/stable
Nov 22- Fitch Ratings has today affirmed Mongolia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+' with Stable Outlook.
Standing Committee approves oil policy
The Standing Committee on Economics approved the Government’s oil policy on Wednesday.
Nomad's land: Herding reforms on the Steppe
Mongolia is the country of endless plains and eternal blue skies. Eighty per cent of the land area is covered by grassland, giving home to about 35 million horses, cattle, sheep, goats and camels.
UN human development index must be revised
The UN's Human Development Index (HDI) offers no encouragement for countries to follow a sustainable path to development and should be revised, argues Chuluun Togtokh, professor at the National University of Mongolia and vice-chair of Mongolia's Global Change National Committee.
Advertising fair coming to Ulaanbaatar
The NGO Mongol Marketer announced at Mongol News Agency on Wednesday that “Advertising United Fair 2011” will be held at Misheel Expo on November 29 and 30.
AMBASSADORS OF EU TO MONGOLIA ARE MEETING
A third meeting of the ambassadors and non-residence ambassadors of the EU member-countries to Mongolia is running on November 23-24 in Ulaanbaatar.
Milky Way
Mongolia’s largest dairy firm--Suu Corp., dating from the Soviet era--is being transformed by the Dagvadorjs.
Xanadu/Noble JV moves on Mongolian coal
PERTH (miningweekly.com) - The Mongolia-focused joint venture (JV) vehicle between ASX-listed Xanadu Mines and Asian commodity trader Noble Group has acquired another coal project.
Dealmakers in Mongolia see strong pipeline, but hurdles include valuations
Dealmakers in Mongolia will find many companies looking for funding but they will face hurdles such inadequate understanding of valuation metrics and overly optimistic growth projections, industry practitioners said.
Mongolia: Ulaanbaatar Grapples With Challenge of Equal Access for Disabled
Munkhtulga Tseveldorj is successful for a 22 year old. Author of two poetry books, he has a third on the way.
Mongolia gives Prophecy green light to build new coal power station
TORONTO (miningweekly.com) – Prophecy Coal, the junior that graduated to the TSX main board last month, received the green light from the Mongolian government to build its 600 MW Chandgana coal-fired power plant in the east of the country, the company said on Monday.
Mongolian Meat Export to Rise
The Mongolian population is 2.7 million and the domestic animals number is over 40 million.
“Business Update 2011” forum to be held
Young Managers College is holding a “Business Update 2011” forum at the Chinggis Hotel on December 4.
PM receives Kuwaiti delegation
Prime Minister S.Batbold received a Kuwaiti delegation headed by Kuwaiti Finance Minister Mustafa Jassim Al Shamali on November 18.
MPP program to continue abroad
The MPP has organized “To Hear the People” forums in all 21 aimags and the capital.
MSE makes changes to Representative Managing Council
The Mongolian Stock Exchange (MSE), which is cooperating with the London Stock Exchange (LSE) under the terms of a Master Agreement, recently made changes to its Representative Managing Council.
New MPP headquarters damaged by fire
The new MPP headquarters, named Independence Palace, was damaged by fire on Sunday.
National Committee reports on anti-pollution efforts
The National Committee, which is charged with reducing air pollution in Ulaanbaatar, reported the results of its ongoing efforts on November 18.
MONGOLIA – JV for coal and iron ore projects
A new joint venture has been formed between one of the world’s top oil and commodity traders and one of Mongolia’s largest private natural resources investors.
PUTIN’S PLAN FOR EURASIA
In a lengthy newspaper piece published in early October, Russian Prime Minister Vladimir Putin unexpectedly called on the former Soviet republics to join Moscow and create a Eurasian Union.
Miners encounter the hard rock of resource nationalism
Unfortunately, its state-owned rival Codelco agrees that the mine has great prospects – so great, in fact, it would like to wield its option to buy a 49pc stake in the unit which holds it.
Nest filled with baby dinosaurs found in Mongolia
In a significant discovery, scientists have uncovered a nest filled with 15 baby dinosaurs, 10 of which are complete fossil sets.
In Search of the Great Khan
National Geographic and UCSD Engineers partner up to solve one of history’s greatest mysteries: The location of Genghis Khan's tomb.
Timing for Mongolia's giant mine IPO still unclear: CFO
Mongolia plans to list its giant Tavan Tolgoi coal mine in Hong Kong, London and the Mongolian capital of Ulan Bator, but it is still too early to say exactly when, the newly appointed chief financial officer for the project told Reuters.
State’s diesel reserves down to one week
After Russia recently increased the price of its exported diesel fuel, the Mongolian government eliminated its excise tax on the fuel to keep the price consumers pay from going up.
Xanadu Mines to kick off drilling targeting metallurgical coal in Mongolia
Xanadu Mines (ASX: XAM) will shortly begin its much anticipated drilling at the highly prospective Javkhlant metallurgical coal exploration project in Mongolia.
Economists oppose Tavantolgoi share change
Honored economist N.Dashzeveg and Mongol Institute teacher K.Aksoltan are opposing Parliament’s proposal to change the way shares of Erdenes Tavantolgoi are allocated.
Ausenco awarded Create phase contract for US$1.8 bn Kazakh copper project
Ausenco Limited (ASX: AAX) has been awarded a $45 million Create phase engineering services contract for the US$1.8 billion Bozshakol copper project owned by Kazakhmys plc. (LSE: KAZ).
Uranium: Swords to plowshares program ends
Swords (military weapons) to plowshares (tools that benefit mankind) is a concept in which military weapons/technologies are converted to peaceful civilian applications.
N.Duinkhar: My artworks are patriotic
When I went to N.Duinkhar’s studio, noise of iron beating and melting metal was overwhelming.
T. Khaltar: “Every day, Mongolian websites are hacked by the dozen”
The earliest cyber attack in Mongolia was reported in 1995, when a transportation company programmer sold vital information about his company to a rival company when he left his job.
Standing committee discusses rail transportation issues
The Standing Committee on Economics discussed railroad transportation issues on Thursday.
Oyutolgoi RMC to meet
Oyutolgoi LLC is planning to hold a meeting of its Representative Managing Council in early December to discuss the mining project’s results for 2011 and its plans for 2012.
Government discusses Oyutolgoi power plant
The Government is discussing power supply issues at the Oyutolgoi deposit mine, where plans to build a new power plant still await the Government’s approval.
Trade sector conference begins
A conference for workers in the trade sector began in the Government House on Thursday, with more than 800 delegates from aimags and Ulaanbaatar taking part.
Deputy Mayor discusses cooperation with Irkutsk Oblast
Ulaanbaatar Deputy Mayor B.Baatarzorig received Irkutsk Oblast Deputy Governor S.V.Serebrenikov on Thursday.
MONGOLIA'S HARVEST AND MINISTER'S TASK
Ulaanbaatar, Mongolia /MONTSAME/ The Cabinet has obliged the Minister of Food agriculture and light industry T.Badamjunai to work out some proposals.
ANTI CORRUPTION AUTHORITY GOT ITS HEADS
Ulaanbaatar, Mongolia /MONTSAME/ The police Colonel N.Ganbold and the Administration chief of the National security council B.Khurts have become the head and the vice head of the Independent Authority Against Corruption (IAAC).
"OYU TOLGOI" BOARD OF DIRECTORS MEETING WILL RUN
Ulaanbaatar, Mongolia /MONTSAME/ A meeting of the Board directors of the “Oyu tolgoi” company will run early December of 2011.
WAYS OF REDUCING CLIMATE CHANGE IMPACT CONSIDERED
Ulaanbaatar, Mongolia /MONTSAME/ A second meeting themed “Reducing affect of climate change on Mongolia's agriculture, forest sphere, adaptation possibilities” is running on November 17-18.
"NATURE" PUBLISHES ARTICLE OF MONGOLIAN SCIENTIST
Ulaanbaatar, Mongolia, /MONTSAME/ The United Nations must include sustainability in its quality-of-life index to encourage countries to develop responsibly, says Chuluun Togtokh.
TAXATION INSPECTORS ATTEND TRAINING
Ulaanbaatar, Mongolia /MONTSAME/ Senior tax inspectors from Mongolia's Tax administration, the city districts, aimags, also teachers of Training center have been attending a training.
MONGOLIAN DELEGATES VISIT ITALY
Ulaanbaatar, Mongolia /MONTSAME/ A delegation of Mongolia's health sector, headed by the State Secretary of Health Ministry Kh.Khurelbaatar, visited Italia on November 10-17.
DRAFT RESOLUTION APPROVED
Ulaanbaatar, Mongolia /MONTSAME/ The draft resolution on “Improving living conditions of women in rural areas”, initiated by Mongolia, has been approved at the public discussion and a meeting of the third committee forum of the UN's 66th General Assembly on November 15.
S.BATBOLD RECEIVES FINANCE MINISTER OF KUWAIT
Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold received representatives, led by Mustafa Jassim Al Shamali, the Finance Minister of Kuwait on November 18.
Anglo American mortgaging future in Chile – Codelco
Global miner Anglo American has mortgaged its future in Chile by selling part of a stake in its southern Chilean properties that Codelco wants to buy into, state copper giant Codelco’s CEO Diego Hernandez said on Thursday.
Research Report on Integrated real estate business model in Mongolia
• The economy grew at a furious pace in the third quarter with data showing GDP growth of 20.8 percent year-on-year
Central bank gold buying at 40-year high
Central banks made their largest purchases of gold in decades in the third quarter as a sharp drop in prices in September spurred buying to diversify reserves.
European films to be featured in festival
The Mongolian Art Council, the Mongolia-French Center, the Goethe Institute of Germany, and the NGO “Globe International” are holding the second annual European Union film festival in Ulaanbaatar from November 23 to 27.
Kuwaiti Minister discusses economic opportunities in Mongolia
ULAANBAATAR, Mongolia, Nov 18 (KUNA) -- Kuwait's Minister of Finance Mustafa Al-Shimali, and his accompanying delegation, met on Friday with top Mongolian officials.
Amount of pastureland declining in Mongolia
A two-day meeting was held in Ulaanbaatar this week to discuss ways to improve animal husbandry and agriculture in the aimags. Representatives of Uvurkhangai, Dundgobi, Umnugobi, Arkhangai, Bayankhongor, Zavkhan, and Gobi-Altai aimags took part in the meeting.
Sustainability Score Turns World Order Upside Down
The United Nations Human Development Index is the world’s all-purpose national scorecard, a single number that represents a country’s success at providing a decent life for its people.
Japan’s top trading houses seek more copper
Japan’s top trading house are likely to come head-to-head again while competing for copper mines across the globe, armed with an unprecedented ability to spend on what they see as a long-term bull market.
B.Amarkhuu: Dream high andreach high
B.Amarkhuu was born in Mongolia, but raised in the Buryat Republic. He rose in popularity in Mongolia after winning in national singing competition.
15 Infant Dinosaurs Discovered Crowded in Nest
A nest of 15 young dinosaurs uncovered in Mongolia — cousins of Triceratops — now suggests these plant-eating beasts might have cared for their young, scientists reveal.
The Daily Dig: Introducing Mongolia’s Artificial Urban Glacier
• The capital city of Mongolia is planning to create an artificial urban glacier to keep cool during the summer months. ( Wired )
Petro Matad confirms presence of working petroleum system in Block V, Mongolia
Petro Matad ( LON:MATD ) today announced that it has confirmed the presence of a working petroleum system in the Tugrug basin, in Block V Mongolia.
Mongolia In Partnership With Ivanhoe Mines And Rio Tinto
Mongolia, the vast central Asian country, entered into the Oyu Tolgoi Investment Agreement with Ivanhoe Mines ( IVN ) and Rio Tinto ( RIO ) in October of 2009.
Electronic signatures will not be used in 2012 election
The Standing Committee on Justice discussed a draft law on electronic signatures and related amendments on Tuesday.
Women’s conference held in Ulaanbaatar
The Ulaanbaatar Women Council and the Mayor’s Office organized a conference called “Capital Development – Women’s Participation” on Wednesday.
Government passes measure to improve professional training
At the Government meeting on Wednesday, members passed a protocol to improve professional training.
President nominates candidates for ACA
President Ts.Elbegdorj submitted his nominees for Anti Corruption Authority (ACA) chief and deputy chief to Speaker D.Demberel on Thursday.
MPRP and GP form alliance for 2012 election
The Mongolian People’s Revolutionary Party (MPRP) and the Green Party (GP) have agreed to form an alliance for the 2012 parliamentary election.
CABINET WANTS TO APPOINT SOME AMBASSADORS
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday decided to submit to the President some proposals.
HEALTH INSURANCE PREMIUM PERCENTAGE CHANGED
Ulaanbaatar, Mongolia /MONTSAME/ The Cabinet meeting on Wednesday decided to fix at four percent the health insurance premium paid every month by entities and organizations' staffers.
MINISTER ABOUT "NEW RAILWAY" PROJECT
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Roads, transportation, construction and urban development, Kh.Battulga introduced a process of “New railway” project and financing required for it, at the Cabinet meeting on Wednesday.
WHAT OTHERS SAY ABOUT US
Ulaanbaatar, Mongolia, /MONTSAME/ Under the "Mongolia: Mineral Wealth Set to Transform Country into “Minegolia” headline, an article appeared in the "eurasiaNet" website on November 8.
ROUND TABLE IN VIENNA, MONGOLIA TAKES PART
Ulaanbaatar, Mongolia /MONTSAME/ The round table meeting themed “Function of small- and medium-sized countries in changeable world” has run on November 15 in Vienna within the 50th anniversary of Mongolia's membership in UN.
The Cabinet meeting was held yesterday
The Cabinet meeting on Wednesday decided to submit to parliament an issue on ratifying an agreement on social welfare between Mongolia and Hungary.
"COUNTRIES ARE DEVELOPING GREEN ECONOMY STRATEGIES"
A new UN report demonstrates that governments and businesses alike are taking steps to accelerate a global shift towards a low-carbon, resource-efficient and socially inclusive green future.
MicroEnergy Credits provides clean energy to XacBank’s microfinance clients
Mongolia’s microfinance institution XacBank in collaboration with MicroEnergy Credits is offering clean energy to its clients.
Erdene Announces Private Placement through Mongolian International Capital Corporation
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 11/16/11 -- Erdene Resource Development Corp. ( TSX: ERD ) ("Erdene" or "Company"), is pleased to announce that it intends to issue, by way of a brokered private placement, up to 5,000,000 common shares of the Company at a price of $0.40 per share for gross proceeds of up to $2,000,000 (the "Private Placement").
Time to stop celebrating the polluters
The United Nations Development Programme this month released its annual league table of countries judged according to their state of development.
Survey says 39.2 percent of Mongolia’s population is poor
The Standing Committee on Social Policy, Education, Culture and Science, and the Ministry of Social Welfare and Labor jointly organized a high-level meeting about reducing poverty on Wednesday.
CN Coal Project Due Diligence Step-Out Drilling Intersects Coal in 7 out of 8 Drillholes
VANCOUVER, Nov. 16, 2011 /PRNewswire via COMTEX/ -- TSX-V SYMBOL: LKY www.luckystrikeresources.com
Mongolian scholar to take part in Antarctic expedition
L.Dugerjav, a science professor and head of the Antarctic Association of Mongolia, talked about his upcoming participation in an Antarctic expedition at a press conference at the Mongol News Agency on Tuesday.
Kincora Copper excited by exploration results from Buyant licence in Mongolia
Kincora Copper ( CVE:KCC ) has revealed exploration results from the Buyant licence.
Mongolian Wind Farm to Use GE Turbines
SHANGHAI—General Electric Co. on Thursday said its turbines will be used on a Mongolian wind farm being built by Newcom LLC, a diversified company based in the northeast Asian country.
Mining firm eyes Mongolian cash
Junior mining companies must go where the money is when searching for capital.
Mongolia to use artificial urban glaciers for summer AC
Providing air conditioning to an entire city is no easy task, especially if that city is located in central Mongolia.
“Partnership for Development” forum to be held
The National Development and Renovation Committee, State Property Committee, Mongolian National Chamber of Commerce and Industry, Employers’ United Association, and German Cooperation Association are jointly organizing a national forum on public-private cooperation called “Partnership for Development” in the Government House on December 3.
ACA investigating aimag and soum officials
The Anti-Corruption Authority (ACA) is investigating two aimag governors and other officials on allegations of corruption.
President considering nominees for ACA chief
After the State Supreme Court (SSC) ordered three Anti-Corruption Authority (ACA) officials convicted of corruption released from custody last month, the Standing Committee on Justice delivered a note to President Ts.Elbegdorj asking him to nominate a new head of the ACA.
Mongolia-Russia border commission discusses several issues
A Mongolia-Russia border commission held its tenth meeting in Ulaanbaatar on Tuesday. Officially known as the Sub-Council of Border Areas Cooperation of the Intergovernmental Commission of Mongolia-Russia on Trade, Economics, Science, and Techniques, the commission met at the Ministry of Foreign Affairs and Trade.
Mongolian scholar to take part in Antarctic expedition
L.Dugerjav, a science professor and head of the Antarctic Association of Mongolia, talked about his upcoming participation in an Antarctic expedition at a press conference at the Mongol News Agency on Tuesday.
Mongol Bank had deficit of MNT 145 billion in 2010
The Standing Committee on Economics discussed the income and expenditures of the Treasury Fund of 2011 on Tuesday.
N.Altankhuyag meets with UK PM David Cameron
At a meeting of the International Democrat Union (IDU) in London on Tuesday, DP Chairman and First Deputy Prime Minister N.Altankhuyag met with British Prime Minister David Cameron, who is also the head of the Conservative Party in the U.K.
Foreign ambassadors attend trade meeting in Ulaanbaatar
In connection with the 100th anniversary of the establishment of Mongolia’s diplomatic corps, the Ministry of Foreign Affairs and Trade on Tuesday held a consultative meeting called “Trade and Economic Cooperation: Mongolia and Partner Countries.”
OFFICIALS OF ASTANA IN ULAANBAATAR
Ulaanbaatar, Mongolia /MONTSAME/ A head of the administration of Ulaanbaatar city, Ts.Boldsaikhan received heads of Foreign relation department and of culture department of Astana, Kazakhstan, on November 11.
FRANCE WILL SEE MONGOLIA OF 1912-1913 YEARS
Ulaanbaatar, Mongolia /MONTSAME/ The “Mongolia in 1912-1913” color photo exhibition will run through 23 November- September of 2013 at the Albert Kahn Museum in Paris, France.
POVERTY REDUCTION ISSUES WILL BE CONSIDERED
Ulaanbaatar, Mongolia /MONTSAME/ A high level meeting themed “Poverty reduction goals, social welfare” will run on November 16 co-organized by the parliamentary Standing committee on social policy, education, culture and science, the government of Mongolia and the Ministry of Social welfare and labour.
MONGOLIA'S PEOPLE' PARTY DISCUSSES STATE BUDGET
Ulaanbaatar, Mongolia /MONTSAME/ Some investment expense reflected in the united budget for 2012 must be cut.
M.ENKHBOLD RECEIVES JAPANESE AMBASSADOR
Ulaanbaatar, Mongolia /MONTSAME/ The Deputy Minister M.Enkhbold received Takenori Shimizu, the ambassador of Japan to Mongolia on November 15.
DRAFT LAWS SUBMITTED TO PARLIAMENT
Ulaanbaatar, Mongolia /MONTSAME/ A head of the Presidential office, D.Battulga submitted draft of new wordings of the “Lawyer's legal status” and “Press freedom” laws to D.Demberel, the Speaker of parliament on November 16.
CABINET SUPPORTS ESTABLISHING AGREEMENT WITH HUNGARY
Ulaanbaatar, Mongolia /MONTSAME/ The Cabinet meeting on Wednesday decided to submit to parliament an issue on ratifying an agreement on social welfare between Mongolia and Hungary.
Operation of 73 mineral companies with special licenses terminated
State Specialized Inspection Agency checked Urt law implementation and entities which are mining gold from bench operating in eleven aimags.
Nationalism Replaces Crisis as Biggest Threat to Metal Supply: Commodities
Rising government demands for higher taxes and royalties are becoming a bigger threat to mining companies and their production than the financial crisis that’s wiped $6 trillion off stock market values since July.
BULGARIA'S CONTRIBUTION TO MONGOLIA'S OPERA
A rector of Music arts school of Mongolia's university of culture, A.Dashpeljee has taken part in celebration of the 90th anniversary of Bulgaria's State academy of Music named after professor Pancho Vladigerov.
Australian energy and climate policy ranked 22
AUSTRALIA is ranked 22nd for its energy and climate policies in a global grading topped by Switzerland.
“Golden Kangyur” displays for the 90th anniversary of National Library of Mongolia
Marking the 90th anniversary of establishing modern library in Mongolia, “golden Kangyur” (Tibetan Buddhist Sutra) was displayed in Rare and Valuable Books Museum of National Library of Mongolia on 15th of November.
PRESIDENT SENDS OPINIONS TO PARLIAMENT
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj sent an official letter to parliament on November 15, expressing his positions and proposals on the bill on Parliamentary elections. \
Canadian Stocks Rise as Copper Gains: Financial Companies Drop
Nov. 15 (Bloomberg) -- Canadian stocks rose less than 0.1 percent as base-metals producers gained after copper advanced for a third day, offsetting the effect of Europe’s debt crisis on financial stocks.
Erdene Provides Project Updates and Third Quarter Financial Results
HALIFAX, NOVA SCOTIA, Nov 15, 2011 (MARKETWIRE via COMTEX) -- Erdene Resource Development Corp. ("Erdene" or "Company") CA:ERD -2.44% , today provided an update on the Company's principal projects in conjunction with the release of its third quarter financial results to September 30, 2011.
Vice-Minister of Regional Development Visits
Mongolian Prime Minister S.Batbold has received the Vice-Minister Maxim Travnikov from Ministry of Regional Development of Russia on November 14.
IMF Chief Steven Barnett: Economic increase can’t be defined by only number, quality is important too
The following interview was with IMF Chief Steven Barnett.
Dumas and Monnis Form Strategic Alliance for Mongolian Underground Mining
TORONTO/ULAANBAATAR, 15 November 2011 - Dumas Contracting Ltd. ("Dumas") and Monnis International LLC of Mongolia ("Monnis"), a Mongolian company with leading positions in Mongolian construction, mining, geology, aviation and international freight forwarding, have entered into a strategic alliance to jointly undertake underground mining projects in Mongolia.
Mongolia dealmakers see strong pipeline
Dealmakers operating in Mongolia will find many companies looking for funding but face hurdles such as little understanding of valuation metrics and overly optimistic growth projections, industry practitioners told mergermarket.
Mongolia tests 'ice shield' to cool capital city
In an effort to fight global warming, Mongolia will try to trap part of its legendarily frigid winter weather into a giant block of ice that as it melts will help cool and water the capital Ulan Bator in the summer.
Japanese program aims to improve health care in Bayanzurkh district
Bayanzurkh district governor B.Batzorig and Japanese ambassador to Mongolia Shimizu Takenory signed an agreement on Monday.
Parliament still debating draft law on social welfare
Parliament passed a law on social welfare in 1995, but critics say it has done little to improve the lives of old people living alone, the disabled, or orphans.
French-German film festival coming to Ulaanbaatar
A French and German film festival is being held in Ulaanbaatar from November 16 to 19.
President asks Government to cancel two protocols
President Ts.Elbegdorj sent an official note to Speaker D.Demberel on Tuesday asking the Government to cancel its 229th and 243rd protocols, saying they violate the law.
MPs demanding PM’s resignation to complain to Constitutional Court
The nine MPs who have demanded the resignation of Prime Minister S.Batbold are promising to continue their fight.
In China, Google Earth reveals unidentified structures
Few roadways cross the wide expanse of the Gobi desert, but thanks to Google Earth satellite technology a few structures have been spotted dotting the arid landscape.
Ivanhoe Mines turns profit, Oyu Tolgoi on track
Ivanhoe Mines said on Monday that construction at its Oyu Tolgoi copper-gold project in Mongolia will be 70 percent complete by the end of 2011, with commercial production seen in the first half of 2013.
Resource nationalism turning nasty for miners?
As if the global mining sector didn’t have enough to worry about as it needs to work in less and less hospitable areas of the world.
IMF warns on Chinese financial system
The Chinese financial system faces “a steady build-up in vulnerabilities” that require the government to relax its grip on banks, the exchange rate and interest rates, the International Monetary Fund said in its inaugural evaluation of China’s financial sector.