Thursday, March 31, 2011
Global gold production is expected to increase in the short-term, but it would then decline as fewer and fewer large discoveries were being made, precious metals consultancy firm GFMS World Gold MD Paul Burton said on Wednesday.
Alexander Molyneux, President and CEO of SouthGobi Resources Ltd. (TSX:SGQ)(SEHK:1878) is pleased to announce Curt Church, previously Vice President, Mining Operations has been appointed the company's new Chief Operating Officer, effective immediately.
Mongolia has narrowed the short- list of bidders for the Tavan Tolgoi coking coal deposit to three, including Peabody Energy Corp. (BTU), a China Shenhua Energy Co Ltd (1088).-Mitsui & Co Ltd. (8031) joint venture and a Russia-South Korea group, the Australian Financial Review reported in its Street Talk column, without saying where it got the information.
Mongolia hasn’t yet decided which of six foreign groups should develop Tavan Tolgoi, one of the world’s largest untapped coal deposits, an official said, refuting a report which said the shortlist was cut to three.
ValidEdge provides fastest and most in-depth malware analysis to enable protection of mobile network.
The Obama administration has held informal talks with Mongolia about the possibility that the Central Asian nation might host an international repository for its region's spent nuclear fuel, a senior U.S. diplomat said yesterday.
SouthGobi Resources Announces Updated NI 43-101 Compliant Coal Resources and Reserves for Its Ovoot Tolgoi Complex in Mongolia
Measured Plus Indicated Increase by 7% to 266.2 Million Tonnes and Inferred Increase by 190% to 97.1 Million Tonnes.
Wednesday, March 30, 2011
Ivanhoe Mines Ltd The massive project, which Ivanhoe is being developing in partnership with Anglo-Australian miner Rio Tinto (RIO.AX) (RIO.L), is expected to begin commercial production in the first half of 2013.
China, the world’s biggest user and producer of coal, may face a shortfall of 56 million tonnes of coking coal this year, the China Securities Journal reported on Tuesday, pushing Chinese steel mills to look further afield to make up the supply gap.
Mongolia Growth Group Ltd., is pleased to announce the release of its March 2011 letter to shareholders.March 2011 Shareholder Letter
Ivanhoe Mines Ltd. today announced its financial results for the year ended December 31, 2010. All figures are in US dollars unless otherwise stated.Highlights:
Oyutolgoi LLC will grant an amount equivalent to USD1 million as loan to small and medium enterprises of Umnugobi aimag through XacBank.
An NGO, Human Resource Development in Mining, and the Union of Professional Human Resource Managers will jointly hold a meeting on how to utilize human qualities to their maximum at the State Academic Theater of Drama at 9.30 am on April 7.
Green Technology Solutions Inc. (OTCQB:GTSO) announced today that its rare earth mining joint venture in Mongolia plans to commit a sizeable portion of new product mined from its properties for export to Japan to assist in the country’s earthquake and tsunami recovery efforts.
Mongolian Mining Corporation, Mongolia's largest producer and exporter of high-quality coking coal, has announced that in 2010 it increased its coal production volume by 114 percent year on year to approximately 3.9 million mt.
Some 500 herders from six Central aimags, agriculture specialists and officials of the Office of the President, Parliament, the Standing Committees, the Government and the local administrations are attending a state conference on the progress of the Mongol Livestock program and development of the countryside at Government House today.
As the mortgage rates drop in Mongolia, will the increased demand and limited supply simply lead to a bubble in real estate prices?
Latvian chocolate and sweets producer Laima has begun to export its products to Mongolia. The company has already signed the agreement and sent the first 15 tons of its products, as the company informed the business information portal Nozare.lv.
TORONTO, ONTARIO--(Marketwire - March 29, 2011) - Denison Mines Corp. (TSX:DML)(NYSE Amex:DNN) ("Denison" or the "Company") today announced that it has filed its 2010 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC).
ENK, the first coking chemical complex of Mongolia, has so far produced 100,000 tons of coking coal at its plant in Bayan-Ovoo soum of Umnugobi aimag.
Tuesday, March 29, 2011
According to the region coal industry bureau China top coal production base of Inner Mongolia imported 1.26 million tonnes coal from Mongolia in the first two months of 2011 surging 22.4%YoY.
NEW YORK (AP) - Ivanhoe Mines Ltd. said Monday that it narrowed its net loss last year as revenue doubled from 2009.
Monday, March 28, 2011
Tuvan Singer Kongar Ondor said Mongolia is not original place of throat singing and milk vodka. Well, I don't know about Tuva.
At present estimates, the mines of Erdenet Mining Corporation have deposits for 40 years, if the current rate of lifting 25.5 million tons of ore annually remains constant. Erdenet exports copper and molybdenum concentrate.
Prime Ministers S.Batbold and Kim Hwang-sik followed up their conversation without aides with official talks where the Mongolian side included Minister for Foreign Affairs and Trade G.Zandanshatar, for Road, Transportation and Urban Development Kh.Battulga, for Health S.Lambaa, and for Education, Culture and Science Yo.Otgonbayar, as well as Deputy Speaker G.Batkhuu and the Ambassador to South Korea, D.Gerel.
The Civil Will Party and the Green Party have decided to form an alliance. The two parties held their separate assemblies on March 26 to discuss the issue, and members at both ratified the decision.
Prime Minister S.Batbold’s concluding engagement in South Korea was joining his counterpart Kim Hwang-sik and other leaders to attend a Mongolian cultural performance named Country of Blue Sky at the National Theater in Seoul on March 25.
A Mongolian team headed by Minister for Mineral Resources and Energy D.Zorigt paid an official visit to Germany between March 23 and 27 on an invitation by the German Minister for Economic Cooperation and Development, Dirk Niebel. Minister for Defense L.Bold and MP and Chief of the Mongolian-German Parliamentary group, D.Terbishdagva, accompanied Minister Zorigt.
Global No. 1 copper producer Chile’s Codelco said Friday its 2010 output dipped but should be steady this year, and expects strong Chinese demand, Japan’s recovery after a natural disaster, as well as new uses to stoke demand.
Preaparing the road to a Tavan Tolgoi IPO.Mongolia counts its economic entities every 5 years and the census will take place on April 15- May 15 reports the National Statistics Committee (NSC).
President Lee Myung-bak says that Mongolia could serve as a good model for North Korea in terms of economic reform.
Friday, March 25, 2011
Today (Thursday, March 24), in response to the Tohoku-Pacific Ocean Earthquake, the Government of Mongolia announced that it had made a donation of relief money (one million US dollars).
The inaugural McCloskey Mongolian Coal and Infrastructure Conference will take place in Ulaanbaatar in April 2011.
* IPO for Tavan Tolgoi expected by end 2011, early 2012
* Mongolia to decide on listing venue as early as June
* South Korea's Lotte signs deal for connecting railway (Adds details on rail link)
* Mongolia to decide on listing venue as early as June
* South Korea's Lotte signs deal for connecting railway (Adds details on rail link)
SEOUL, March 25 (Yonhap) -- Mongolian prime minister on Friday condemned North Korea for its deadly attack on a South Korean warship and vowed to make efforts to enhance peace on the divided Korean Peninsula.
You, I, state high officials and everyone have same rights. Everyone believes that court obeys these rules but lately court’s sensational decisions on high officials’ cases are looking more like political revenge.
Ulaanbaatar, Mongolia, /MONTSAME/ The Prime Minister S.Batbold arrived Wednesday in Seoul to pay an official visit to the Republic of Korea at invitation of his counterpart Kim Hwang-sik.
Ulaanbaatar, Mongolia, /MONTSAME/ A “Tourism and competitiveness-2011” national consultative meeting will run March 28 at Mongolia's Chamber of commerce and industry under the auspices of Mongolia's Prime Minister.
Ulaanbaatar, Mongolia, /MONTSAME/ A council at the Parliament Speaker discussed Thursday issues of setting an order of agendas to be considered at the regular parliamentary session of 2011, and of intensifying the preparation for the session.
A delegation of Bulgarian Knights Templars is leaving today for the Russian Autonomous Republic of Buryatia and then set to Mongolia – the motherland of Genghis Khan.
Less than a week after announcing a letter of intent to help develop a third new rare earth mining property in Mongolia, the joint venture formed by Green Technology Solutions Inc. (OTCQB:GTSO) and Rare Earth Exporters of Mongolia (REE) today disclosed a fourth site.
Prime ministers and foreign ministers of South Korea and Mongolia held talks here Thursday, discussing how to improve their economic ties and better cooperate in easing tensions on the peninsula, the Seoul government said.
Thursday, March 24, 2011
A meeting at the Ministry of Health on Tuesday adopted the activity plan for a year-long project against spread of contagious diseases as a result of climate change, to be jointly financed by The World Health Organization and KOIKA of South Korea.
Some 200 of the 30,000 Mongolians in South Korea met with Prime Minister S.Batbold in what was the first event of his official visit to South Korea.
Mongol Bank Vice President N.Zoljargal and Director of Foreign Currency R.Delgermaa told a press conference today that inflation has been falling a little and stood at 11% at the end of February in Ulaanbaatar.
Copper and iron ore prices should remain high in the near future because of additional demand for reconstruction in Japan after a devastating earthquake and tsunami, Ivanhoe Mines Ltd Chief Executive Robert Friedland said.
March 24 - Fitch Ratings has today assigned Winsway Coking Coal Holdings Limited (Winsway) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB' with a Stable Outlook and a foreign-currency senior unsecured rating of 'BB'.
SEOUL, March 24 (Yonhap) -- Foreign Minister Kim Sung-hwan met with Mongolian Foreign Minister Gombojav Zandanshatar on Thursday and agreed to deepen relations and cooperation between the two countries, the ministry said.
Ulaanbaatar, Mongolia, /MONTSAME/ A head of the Cabinet Secretariat of Government Ch.Khurelbaatar gave Tuesday a report to the cabinet on implementation of the governmental works done in 2010.
Ulaanbaatar, Mongolia, /MONTSAME/ A Minister of social welfare and labour, T.Gandi is working in Republic of Korea to re-establish the mutual understanding memorandum on "Sending the labour force to S.Korea according to consent to work".
Ulaanbaatar, Mongolia, /MONTSAME/ A council of the Minister of Finance has held a meeting with a participation of the Vice Minister of Finance, State Secretary of Finance Ministry, heads of the Bank of Mongolia, National Development and Innovation Committee, General Customs Authority, Tax Administration, Financial Regulatory Committee, National Chamber of Commerce and Industry.
March 23 -- China Shenhua Energy (601088) will cooperate with Japan's Mitsui, to enter the bidding for the west section of the Tavan Tolgoi Tsankhi coal mine in Mongolia, reports 21CBH, citing a company filing.
Every winter for the past 15 years, adventurous Mongolians and foreign visitors have braved sub-zero temperatures to enjoy an ice festival.
Prophecy Resource Corp (CVE:PCY)(OTCQX:PRPCF) said Wednesday that it anticipates exporting approximately 520,000 tons of coal in 2011 from its Ulaan Ovoo mine in Mongolia, which was fully commissioned last November.
ULAN BATOR, March 23 (Xinhua) -- The Mongolian government had revoked a decision it made earlier this month to allow foreigners to hunt leopards for scientific purpose, local media reported Wednesday.
Wednesday, March 23, 2011
Copper fell more than one-percent on Monday, failing to join in a broad-based equities rally as concerns about the sustainability of the global economic recovery began to bite.
The April and May issues of International Mining include articles on the great Oyu Tolgoi development in the Gobi Desert of southern Mongolia.
At the cabinet meeting held on March 16, government members got au fait with the process of amending the Investment Agreement signed by Government of Mongolia and Ivanhoe Mines Mongolia, Inc, Ivanhoe Mines Limited, and Rio Tinto International Holdings Limited.
JAPAN’S nuclear crisis has prompted Russia’s state-owned Rosatom Corporation to slash its planned takeover of uranium miner Mantra Resources by more than 12 per cent, casting doubt on how other uranium takeovers will be valued. Rosatom’s ARMZ Uranium Holding Company last week withdrew its $8-a-share offer, following a cooling in investor appetite for uranium stocks as a result of the Fukushima crisis.
A Mongolian man was launched into space for the first time on March 22, 1981. Citizen of Mongolia Gurragchaa Jugderdemid and Vladimir Janibekov of the USSR were launched to space from Baikonur space site in a Soyuz-39 spaceship.
RIO Tinto chief executive Tom Albanese has warned the development of new global resource projects is slowing because of increased government intervention and greater “stakeholder activism” that is halting supply to world markets.
“Face of Mongolia-2011” contest will take place by the Mongol Model Agency. Aim of the contest is to select new young models, who can participate in the Asian Super Model beauty competition.
“The Secret History of Mongolia” Comic Book Published in German by famous Mongolian artist E.Otgonbayar.
American conductor and musicologist Jindong Cai is now in Mongolia at the invitation of the Director of the State Opera and Ballet Theater to conduct Bizet’s Carmen on March 26 and Tchaikovski’s Swan Lake on March 27.
* Says in talks with 5-6 targets to acquire gold, copper mines
* To maintain steady gold output in China, expand copper output
* To maintain steady gold output in China, expand copper output
Tuesday, March 22, 2011
Bangkok - Mongolia needs to invest about 1 billion dollars in the Tuul River ecosystem and improve its national water management if its population is to have access to clean water, a United Nations report warned Tuesday.
Calgary, Alberta CANADA, March 21, 2011 /FSC/ - Mongolia Growth Group Ltd. (YAK - CNSX), ("MGG" or "The Company") is pleased to announce a non-brokered "commercially reasonable efforts" private placement offering ("Offering") of common shares ("Common Shares") to raise gross proceeds of up to CDN$ 10 million with a CDN$ 5 million overallotment for aggregate proceeds of up to CDN$ 15 million.
Mongolia is proposing to send 1,500 peacekeepers to Cote d'Ivoire, in what would be by far its largest troop contribution to an international mission (and, if we want to be cute about it, the largest troop deployment abroad since the days of the Mongol Empire).
Denison Mines (TSE:DML)(AMEX:DNN) announced Monday that it has signficantly increased uranium resources at its Hairhan deposit in Mongolia, part of the Gurvan Saihan joint venture.
Green Technology Solutions, Inc., (GTSO) has hired SGS Mongolia Minerals to analyze the mineral content of a new mining property it wants to explore in Mongolia.
SEOUL—South Korea announced a series of agreements and investments in Mongolian and Indonesian coal projects, following the Korean national oil company's $2 billion spending spree Monday on oil reserves in the U.S. and Kazakhstan.
Friday, March 18, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 17, 2011) - Prophecy Resource Corp. ("Prophecy" or the "Company") (TSX VENTURE:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that Mr. Chuluunbaatar, President and Chairman of the Monnis Group of Companies, Mongolia ("Monnis") has been appointed to Prophecy's Board of Directors.
Chiang Mai (Mizzima) - The president of Mongolia, the first democratic state in Central Asia, has extended his support to Burma’s pro-democracy leader Aung San Suu Kyi in a telephone call, according to the US Campaign for Burma.
A Chinese military delegation led by Huang Hanbiao, vice commander of the Beijing Millitary Command of the Chinese People's Liberation Army, on Thursday attended celebrations for the 90th anniversary of the Mongolian Armed Forces.
VANCOUVER, March 17 /PRNewswire-FirstCall/ - Entrée Gold Inc. (TSX: ETG) (NYSE AMEX: EGI) (Frankfurt: EKA) ("Entrée" or the "Company") announces that the Entree and Oyu Tolgoi LLC joint venture ("Entree-OTLLC Joint Venture") has budgeted US$7 million for exploration and development work on the joint venture ground ("Entree-OTLLC JV Ground") within the Lookout Hill Property, Mongolia.
(Source: Business Wire)Only a day after the addition of a new mining and exploration consultant to its rare earth mining team, Green Technology Solutions, Inc. (OTCQB: GTSO) revealed today that its Mongolian operation has grown by one more.
Thursday, March 17, 2011
Mongol Bank President L.Purevdorj answers our reporter’s questions on the Government decision to sell bonds to finance large programs and projects through the Development Bank.
The first forum of Mongolian engineers is being held today at Government House. It has been organized jointly by the University of Agriculture, the National University of Mongolia, and the University of Science and Technology, with support from the Ministries of Food, Agriculture and Light Industry, and of Education, Culture and Science.
Ulaanbaatar, Mongolia, /MONTSAME/ On Wednesday, the cabinet meeting was introduced to a process of amending the investment agreement established between the government of Mongolia and the investors as “Ivanhoe Mines Mongolia Inc” LLC, the “Ivanhoe Mines Ltd” and “Rio Tinto International Holdings Ltd”.
As the threat of meltdown continues to escalate at several nuclear power plants in earthquake-ravaged Japan sending uranium stocks and spot prices lower on renewed concerns about nuclear energy, investors may be turning their interests toward more traditional forms of energy production, such as coal.
Accelerating to 60 kilometers per hour on a frozen lake in Mongolia is generally not a good idea. A light tap on the brake pedal, a quick swerve to avoid a mound of snow, and the Russian-made UAZ minivan starts spinning in circles, the driver struggling to regain control.
Where Turtogtokh Luvsandorj comes from, wrestling goes back a long way. And we're not talking the 1980s heyday of Hulk Hogan, either.
Where couch-surfing has become a modern phenomenon for the independent traveller, the only means of travelling across Mongolia traditionally involved its people providing food and shelter for complete strangers.
Native Mongolian Tasked with Providing Mining & Exploration Support for Rare Earths Projects.
Wednesday, March 16, 2011
The head of the Standing Committee on Security and Foreign Policy, Ya.Batsuuri, today instructed the Nuclear Energy Authority to take all possible steps to prevent nuclear radiation from Japan damaging health and life in Mongolia.
Ulaanbaatar, Mongolia, /MONTSAME/ In accordance with a decision of the government, one-day salaries have donated to Japan officials of the Ministries, agencies and state administrative organizations.
Ulaanbaatar, Mongolia, /MONTSAME/ The ambassador extraordinary and plenipotentiary of Japan to Mongolia, Mr. Takuo Kidokoro and governors of Selenge, Khovd and Ovorkhangai aimags and of the city's Chingeltei district, D.Ganbold have signed four projects at the Embassy of Japan in UB city.
Ulaanbaatar, Mongolia /MONTSAME/ A head of the National statistical office, S.Mendsaikhan has received a representative of the UN Food and agriculture organization to China, Republic of Korea and Mongolia, Victoria Sekitoleko to exchange with her opinions on how to organize here a first agriculture census.
A fire and aftershocks struck the crippled Fukushima Dai-Ichi power plant today, as officials battling to prevent a nuclear meltdown said fuel rods at two reactors may have been damaged since last week’s record earthquake.
The story of Mongolia's resurgence is mouthwatering for investors for a very simple reason. Mongolia is rich in natural resources… and it sits next to the world's most voracious consumer of those resources, China.
Parliament Speaker D.Demberel is on a working visit to France. His first meeting there was with Senator and Chief of the French-Mongolian friendship group, Andre Vantomme, and with the head of a similar group in the Senate, Jan-Rene Leserf.
Deputy Speaker of Parliament G.Batkhuu answers our journalist’s questions.
The Green Party Secretary, N.Narantsetseg, and the Chief of its Ulaanbaatar Council, Kh.Altantsatsral, yesterday complained under the Civil Law to the Sukhbaatar district court that MP and Leader of the Green Party, D.Enkhbat, had slandered Green Party members.
Ulaanbaatar, Mongolia, /MONTSAME/ The President Ts.Elbegdorj received Tuesday diplomatic credentials from Mrs. Marta Ortiz De Rosas, the ambassador of the United Mexican States to Mongolia; Hernan Brante--of the Republic of Chile; Mr. Bheki Winston Joshua Langa--of the Republic of South Africa; and from Mrs. Joyce Mwaka Chembe Musenge--of the Republic of Zambia.
TORONTO, ONTARIO--(Marketwire - 03/15/11) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML - News)(AMEX:DNN - News) is pleased to announce that it has closed its previously announced "bought deal" financing. Denison has sold to a syndicate of underwriters 18.3 million common shares at CDN$3.55 per common share to raise gross proceeds of CDN$64,965,000.
What do a Mongolian butcher, an alfalfa farmer in Peru and a carpenter in Lebanon have in common? They are recipients of Kiva microloans funded by enterprising students from the Kansas City Art Institute.
Tuesday, March 15, 2011
Ulaanbaatar, Mongolia, /MONTSAME/ An Economic Research Institute (ERI) has been founded at the School of Economics of Mongolia's State University (MSU) by the IRIS Center at the University of Maryland.
Ulaanbaatar, Mongolia, /MONTSAME/ The Japanese graphic adviser "Azusa Sekkei" and "Oriental Consultants” jointly partnership company have completed a graphic design for the project on erecting an airport in Khoshigtiin khondii, Sergelen soum, Tov aimag.
Ulaanbaatar, Mongolia, /MONTSAME/ Authorities of Ulaanbaatar and of the "Ulaanbaatar railway" Mongolia-Russia joint stock company jointly set up a working group to meet and decide cooperation issues.
Increased numbers of international buyers boost world’s leading market place for the travel industry
The 45th ITB Berlin came to a close after attracting a significantly larger number of buyers from abroad and the best exhibitor figures ever.
A regular Mongolia Economic Forum closed few days ago. There is almost no developing and democratic country in the world, except Argentina of President Perona’s time, who satisfactorily managed to use rich mineral resources to make the country develop properly.
Trendfield Holdings Limited Believes That Its Mongolian License 13602X Has the Potential to Be a World-Class Epithermal Polymetallic (Ag, Au, Pb, Cu) Deposits
BEIJING--(Marketwire - March 14, 2011) - In March 2010 THL Mongolia Ltd. purchased 70% of KMNG LLC (KMNG) holdings.
Rare Earths to be Sent by Rail to Russia and Sold to Highest Bidder
TORONTO (miningweekly.com) – Ivanhoe Mines, which is developing the big Oyu Tolgoi copper/gold project in Mongolia, has found a new copper/molybdenum/gold zone on a property being explored in a joint venture (JV) with BHP Billiton, the firm said on Monday.
Monday, March 14, 2011
Oil explorer Petro Matad (MATD) is gearing up to recommence drilling activities at its Davsan Tolgoi-4 well in Mongolia next month, four months after bad weather forced it to halt operations.
Regular readers will know that I take a jaundiced view of former British Prime Minister, Tony Blair. Of course he left office some time ago, and in normal circumstances this might preclude any necessity to write about him much.
I recently had the opportunity to co-facilitate and present at an anti-corruption meeting in Mongolia that brought together leading players from business, civil society and government agencies.
Reporters Without Borders has carried out a new survey of online freedom of expression for World Day Against Cyber-Censorship on 12 March. “One in three of the world’s Internet users does not have access to an unrestricted Internet,” Reporters Without Borders secretary-general Jean-François Julliard said.
VANCOUVER, BRITISH COLUMBIA — Prophecy Resource Corp. ("Prophecy" or the "Company") (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) reports that it has acquired 5,000,000 common shares of Compliance Energy Corporation ("Compliance"), representing approximately 8% of Compliance outstanding shares by means of a non-brokered private placement.
Reuters copper prices reached a new all time high of USD 10,190 per tonne in February and while they have since retreated as global demand worries dominate sentiment near term, tight supplies will limit declines.
A ceremony was held earlier today at Government House to begin work on putting up a ger to hold the state fire and the nine white flags of the nation.
The Mongolian government decided to send rescue teams to the disaster zone of Japan, local media reported on Sunday.
Friday, March 11, 2011
In the first two months of 2011, Mongolia traded with 96 countries. Total external trade turnover reached 1031.5 million US dollars, of which exports made up 415.9 million US dollars and import 615.7 million US dollars.
The Korea Mongolia Agricultural Development Preparation Committee is made up of distinguished personnel with each member carrying a stellar resume.
Lotte Engineering & Construction Co said that a South Korean consortium has submitted a preliminary proposal for a USD 3 billion deal to build a 1,000 kilometer railway in southern Mongolia.
The Mongolian government has approved a draft agreement on importing Chinese laborers, local media reported Thursday.
TORONTO, ONTARIO -- (Marketwire) -- 03/10/11 -- Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE Amex:DNN) today reported its financial results for the three months and year ended December 31, 2010. All amounts in this release are in U.S. dollars unless otherwise indicated.
Thursday, March 10, 2011
Minister for Finance S.Bayartsogt yesterday reported to the Government meeting on the merger plans of the International Bank for Economic Cooperation (IBEC) and the International Investment Bank IIB).
The Government yesterday approved the draft of an agreement to be signed with China to import labor from there to work in specified areas.
The Sukhbaatar District Court will begin hearing a case against the Government at 09.30 on March 15 for its alleged failure to implement, even after two years of its passing by Parliament, the law prohibiting mineral resources exploration and exploitation in river and forest basins.
The Director of the Architects’ Institute of Ulaanbaatar, Tsakhiur, today told a meeting of the Mayor’s Council about how the city can be developed as an international business center, favoring green tourism and ensuring better living conditions for its residents.
Below is a clipping from a March 2010 Mongolian Newsletter reporting the hunting permits allowed for the year, including four leopards for research.
As the sex scandal involving South Korean diplomats and a Chinese woman expanded Thursday, it was reported that an ambassador to Mongolia resigned after having an extramarital affair with a Mongolian woman.
Ulaanbaatar, Mongolia, /MONTSAME/ The Parliament Speaker D.Demberel has given a speech at a meeting held on measures for developing the socio-economics in Mongolia.
Prime Minister S. Batbold on Monday asked his country"s overseas diplomats to study foreign experiences on national development and bring them back home.
Mongolian operator Univision has signed a multi-year agreement with Turner Broadcasting System Asia Pacific under which some of the latter's premium channels will be added to its IPTV service, the country's first.
Mongolia Growth Group Ltd. (YAK - CNSX),Following extensive research, Mongolia Growth Group Ltd. (MGG or The Company) has decided to enter the Mongolian Property and Casualty Insurance Market.
Green Technology Solutions (OTCBB:GTSO) President and CEO John Shearer disclosed today that he sent a letter to the Mongolian Ambassador to the U.S. seeking assistance in implementing export logistics for rare earth ore inside Mongolia.
Wednesday, March 9, 2011
In its latest report, You Can’t Always Get What You Want-Global mining deals 2010, PwC predicts more takeover activity of junior rare earths projects, uranium projects and complementary extractive industries such as shale.
Korea and the Czech Republic have found a common interest in Mongolia and Ethiopia.
Attending the Mongolian Economic Forum last week was not just a welcome occasional foray into an interesting, yet relatively small and obscure Asian country, it was an insight into two main issues.
HONG KONG—A slew of companies plan to seek as much as $8 billion from Hong Kong investors in coming months, testing the Chinese territory's go-go market for initial public offerings at a time when foreign investors are pulling back from Asia.
(Reuters) - Vedanta Aluminium needs to import around one million tonnes of thermal coal in 2011 for its new independent power plant in Orissa, an official responsible for coal buying said on Tuesday.
Sumitomo Corporation has announced that "Our wish to contribute to Mongolia's determination to develop resulted in a communication network covering the entire country
Hong Kong, Mar 8, 2011 - (ACN Newswire) - Quam Financial Services Group, whose holding company Quam Limited ("Quam", Stock Code: 00952.hk) was listed on The Stock Exchange of Hong Kong, takes the lead in welcoming Eurasia Capital, which it has recruited as member of Global Alliance Partners (GAP).
U.S. Assistant Secretary of State for East Asian and Pacific Affairs Kurt Campbell is leaving for Japan, Mongolia and South Korea on Tuesday for six-day visits, the State Department said on Monday.
Banpu Plc is taking a strategic and low risk move by acquiring a 12.4 per cent stake in Hunnu Coal Limited, an Australian-listed cmopany, which has several pre-development coal projects in Mongolia, said DBS Vickers Securities (Thailand).
Mongolia needs to look beyond the coal and copper mines that are driving its economic boom to find a more balanced model of growth, Prime Minister Sukhbaatar Batbold said.
SAN JOSE, Calif.--(BUSINESS WIRE)--Green Technology Solutions, Inc. (OTCBB:GTSO) announced today that it has engaged Mongolian attorney H. Orennxapran to assist in the company’s ongoing efforts to expand rare earth production and exports from the Asian nation.