Thursday, April 28, 2011

Campaign against alcohol and tobacco in Mongolia

A campaign against use of alcohol and tobacco will be launched tomorrow at the Press Institute by the Health Project of Millennium Challenge Account - Mongolia.

New center to train Morin Khuur players in Mongolia

Honored Morin Khuur player P.Temuujin and his brother P.Munkhjin have recently opened a training center for morin khuur players and singers of throat songs and long songs, calling it Urlakhuin Tankhim.

Trade Mongolia 2011 on June 2 and 3

The State Property Committee, the Financial Regulatory Authority and an NGO, Exchange of Mineral Resources and Mining, will jointly organize a meeting on the bond and capital market in Ulaanbaatar on June 2 and 3.

Lucky Strike NKAK Coal Project Acquisition and Coal Transportation Service Agreement

Vancouver, British Columbia CANADA, April 27, 2011 /FSC/ - Lucky Strike Resources Ltd. (LKY - TSX Venture), Cathy Fong, CEO of Lucky Strike Resources Ltd. (the "Company" or "Lucky Strike"),is pleased to report the Company signed a letter agreement (the "Letter Agreement") with a private Mongolian company (the "Representative") that represents the owner of two exploration licences covering an area of 8,736 hectares within the eastern boundary 3 km west of the Olonbulag coking coal deposits in the aimag of Hovd in southwest Mongolia and known as the Nariin Khargait and Ar Khadnii Ovoo ("NKAK") coal properties (the "Properties").

Mongolia agrees to set up international research center

The State Secretary of the Ministry of Foreign Affairs and Trade D.Tsogtbaatar yesterday signed in New York a declaration of intent to set up an International Research Center of Landlocked Countries.

Mongolia: Death Stalks Country’s Oldest Mine

Mongolia’s mining sector may be thriving, but Nalaikh, a town once famed as the country’s industrial hub and the site of its first coal mine, has become synonymous with mining disasters.

From Kingsburg to Mongolia

Kingsburg residents Johnie and Jane Thomsen are know for their involvement in Young Life, a youth ministry organization, that they founded in Kingsburg in 1979.

Wednesday, April 27, 2011

Penn Anthropologists Delve Into Genetic History of Kazakhstan and the Mongolian Expansion

Researchers at the University of Pennsylvania have painted the clearest picture yet of the history of the Kazakhs of the Altai Mountain Range, providing insights into the heritage of a wide swath of people in Central and East Asia.

China poised to claim global pre-eminence

EMPIRES whose power depends on military strength alone rarely maintain their dominance for long. The former Soviet Union is the most recent and conspicuous example of such one-sided suzerainty, but there have been many in world history.

GTSO Poised to Capitalize on Planned Mongolian Rail Boom

Expansion of Rail System Could Dramatically Reduce Rare Earth Shipping Costs.

Exclusive film preview for Babytalk and 774 listeners

774 ABC Melbourne and Babytalk, our popular parenting podcast, offer you the chance to be at our exclusive preview of the documentary 'Babies'.

Large Increases in Prices of new Ulaanbaatar Apartments

Ulaanbaatar's Residential Real Estate is back on the increase.

Mongolia Growth Group Ltd. Publishes April 2011 Monthly Letter to Shareholders

Calgary, Alberta CANADA, April 26, 2011 /FSC/ - Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its April 2011 letter to shareholders.

It's OK to take a flutter sometimes

The small end of the sharemarket creates opportunities for investors and speculators alike, reports Barbara Drury.

GTSO: New Chinese Rare Earth Production Quotas Could Lead to Shortages

China’s issuance of new mandatory production quotas for rare earth ore this week adds credence to the claim by Green Technology Solutions Inc. (OTCQB:GTSO) and other experts that the world’s top producer of rare elements can no longer keep pace with global demand for the critical materials.

Mongolian Death Worm

Mongolian Death Worm is another of those Syfy original movies that doesn’t fail to disappoint. I understand these kinds of films are low budget and don’t set out to create a vehicle to examine the human condition; instead its only goal is to thrill its viewers, and there’s nothing paltry about that in this medium.

Tuesday, April 26, 2011

Metal-Tech finals delayed to June

StockMarketWire.com - Israel-based specialty metals company Metal-Tech Ltd said release of its results for 2010 has been delayed until June due to complications surrounding its Mongolian joint venture Shim-Technology Co. Ltd.

Mongolia Growth Group Ltd. Announces the Appointment of Byambaa Losolsuren to the Board of Directors

Calgary, Alberta CANADA, April 25, 2011 /FSC/ - Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the appointment of Byambaa Losolsuren to the board of directors of MGG.

Qatar’s State Minister Visits Mongolia

Qatar’s Minister of State for International Cooperation His Excellency Dr. Khalid Bin Mohammad Al Attiyah is currently in Mongolia for a working visit, together with his entourage.

C Limited to acquire Mongolian coking and thermal coal assets

C @ Limited has signed an agreement with an international coal developer that has a significant position in the coking and thermal coal industry in Mongolia.

‘Global Peace Festival 2011’ to be Held In Mongolia

Mongolia is to be the site of a peace festival and conference, an event in August that will be attended by officials from around the world.

Mongolian Boxers Bring Home Gold and Silver

Mongolians bagged two gold and two silver medals in “Belgrade Winner-2011” an international boxing tournament which was held in Belgrade, Serbia from April 21st to 23rd, 2011.

Rags to riches in Mongolia

About half of Mongolia's population still live in tents known as yurts, and make their living from herding animals.

Monday, April 25, 2011

MPP team visits North Korea

An MPP team has been visiting North Korea in recent days. It includes Secretary General U.Khurelsukh and a member of the Managing Council, D.Sarangerel.

People’s Assembly wants “criminal” Government to go

A civil movement Motherland and Justice organized a People’s Assembly in UB Palace on Friday and Saturday and in Sukhbaatar Square on Sunday.

Ch.Gankhuyag pins hopes on successful bond sale

Deputy Minister for Finance Ch.Gankhuyag answers our journalist’s questions.

Contracts allowed export of crude without tax

The State Specialized Inspecting Agency (SSIA) has found that crude oil from Toson-Uul XIX and Buir XXII has so far been exported without payment of any tax as the contracts with the Mineral Resources and Petroleum Authority (MRPA) did not have any provision for levying tax.

Mayor in Kuwait

Mayor G.Munkhbayar left for Kuwait on April 22 on an invitation from the Mayor of Kuwait City.

MNT500 million from Employment Fund for 180 herder families

Working groups from the Ministries of Social Welfare and Labor and of Food, Agriculture and Light Industry reviewed on April 22 the work report by the Ministry of Social Welfare and Labor on implementation of the Support of Herders’ Employment program in 2010.

Seminar on administrative reforms to be held tomorrow

The Standing Committee on State Structure and UN Development Program Mongolia are tomorrow organizing a seminar on administrative reforms and problems.

Mongolian Government maintains that apartment prices will decrease

The 100,000 families project is set to decrease or at least maintain real estate prices.

Mongolia's next step - fame to fortune

Oliver Belfitt-Nash in Ulaanbaatar.

Friday, April 22, 2011

MEASURE FOR PROPAGANDIZING MONGOLIA

The Embassy of Mongolia in the United Kingdom of Great Britain and Northern Ireland and the UK-Mongolia Commercial Chamber (UMCC) co-organized April 18 a measure for propagandizing Mongolia.

Power plant to be built at Mogoin Gol mine, Mongolia

The Government meeting yesterday approved a concession agreement between the State Property Committee and New Asia Mining Group LLC to build a power plant based on coal from the Mogoin Gol mine.

Surface water to be collected in lake to be dug in Mongolia

The Standing Committee on Nature, Environment, Food and Agriculture yesterday discussed a proposal to bring some areas under special conservation protection.

World Mongolians to Gather in UB in August

Under the auspices of the President of Mongolia Ts. Elbegdorj, the 5th congress of the World Mongolians will take place in Ulaanbaatar on August 24 and 25, 2011.

Mongolian Movie in an International Festival

A Mongolian producer B.Baatar is participating with his movie “Tatar Action” in the International Film Festival, which is to be held in Moscow from April 20th -24th, 2011.

Mongolian Boxers Brings Home bronze

Mongolian boxer Z.Enkhzorig grabbed bronze medal and US$2,000 in the Gagik Ttarukyan’s Cup international boxing tournament, which was organized in Yerevan, Armenia from April 12th to 17th, 2011.

Madeleine Albright: Mongolia Is A Model Nation

“Mongolia is an amazing nation capable of solving any dispute in a peaceful way” stressed
Ms. Madeleine Albright in her lecture at the Foreign Ministry in Ulaanbaatar on Thursday.

Prophecy Resource submits formal application for 600MW Mongolian power plant

Prophecy Resource Corp. (CVE:PCY) (OTCQX:PRPCF) said Thursday that after eight months of due diligence and studies, the company has submitted a formal request with the Mongolian ministry to build its planned Chandgana power plant.

Nearly 10,000 positions left to be filled in the Mongolian mining sector

Mongolia has declared the year 2011 as the year of “supporting Mongolian employment”.

Thursday, April 21, 2011

Mon Road LLC to build road from Oyutolgoi to Gashuunsukhait

Mon Road LLC has been chosen to construct the 96.8-km auto road from Oyutolgoi to Gashuunsukhait and an agreement has been signed to this effect between Executive Director of Mon Road LLC G.Narangerel and Vice President of Oyutolgoi LLC John Jonson.

Power plant to be built at Mogoin Gol mine

The Government meeting yesterday approved a concession agreement between the State Property Committee and New Asia Mining Group LLC to build a power plant based on coal from the Mogoin Gol mine.

Use of regular troops leads to less crime on borders

The Chief of the Border Protection Office, Ts.Sergelen, told the Standing Committee on Justice yesterday that the decision to use professional army personnel on contract to protect parts of the borders from 2010 has led to a fall in the number of crimes.

Copper prices to stay above 2010 average over the next 3 years – Chile

World top copper producer Chile sees copper prices staying above the 2010 average during the next three years, Deputy Mining Minister Pablo Wagner said on Wednesday.

Hong Kong’s Mongolian Connection

Mongolia just got a little bit closer to Hong Kong, partly thanks to the city’s banking community. MIAT Mongolian Airlines says it will start flying direct from Hong Kong to Ulan Bataar. The new schedule—with flights Thursday and Sunday—will go into effect June 2.

Mongolia halts coal exports to China – mining group

Mongolia has halted truck deliveries of coal from the South Gobi region to China, with the ban expected to last about two days, after China closed a part of the border on Tuesday citing a technical glitch, a lobby group for the Mongolian mining sector said.

Mongolia Rail Eases China Rare Earth Grip: Freight Markets

April 21 (Bloomberg) -- Mongolia’s aim of quadrupling its rail network will send coal, copper and rare earths to nations such as Japan and South Korea under a plan to reduce reliance on the Chinese market and boost economic development.

HUMAN RIGHTS REPORT OF MONGOLIA

The U.S Embassy in Ulaanbaatar has posted the Human Rights Report of Mongolia for 2010 in its website.
Mongolia, with a population of about three million, is a multiparty, parliamentary democracy.

First Mongolian air advisory team ends tour, sets standard

KABUL – The first Mongolian air advisory team to participate in NATO Air Training Command-Afghanistan’s efforts in building the Afghan Air Force recently handed over responsibility to a new group of troops at the AAF Base in Kabul.

S. Korean, Mongolian defense chiefs discuss closer military cooperation

SEOUL, April 21 (Yonhap) -- The defense ministers of South Korea and Mongolia held talks in Seoul and discussed how to forge closer military cooperation between the two nations, officials said Thursday.

Finance Minister addresses IMF meeting, meets officials

Minister for Finance S.Bayartsogt, leading the Mongolian team, told the Spring meeting of the International Monetary Fund and the World Bank Group, held in Washington on April 16 and 17, that the country’s tax policy in the mining sector was aimed at helping economic development.

Mongolia targets global mining role as investments soar

For centuries the Gobi Desert has been regarded as a place to avoid.

Wednesday, April 20, 2011

C @ Limited (ASX:CEO) To Acquire Substantial Mongolian Coking And Thermal Coal Assets

Sydney, April 20, 2011 (ABN Newswire) - C @ Limited (ASX:CEO) has signed an agreement with an international coal developer that has a significant position in the coking and thermal coal industry in Mongolia.

Will Mongolian commercial banks participate in the secondary mortgage market?

The Mongolian Mortgage market is already over 20 years old yet the secondary mortgage market only accounts for 5% of the Mongolian GDP.

Apartment purchase prices in Mongolia might not decrease this year

In accordance with our wish to provide our readers with relevant and accurate news about the movements of the property market in Ulaanbaatar, we have invited Ms. P. Narmandakh, director of construction and the Apartment advisory centre for an interview.

Mongolia halts coal exports to China - mining group

* China closed part of border citing technical problems - group

* Mongolia suspended deliveries following accidents - Xinhua (Adds details, comment from South Gobi Resources)

Hong Kong’s (Direct) Mongolian Connection

Mongolia just got a little bit closer to Hong Kong, partly thanks to the city’s banking community.

Batsukh Named D3wrestle.com National Wrestler of the Year

COLLEGEVILLE, Minn. – Saint John's University senior wrestler Minga Batsukh (Ulaanbaatar, Mongolia/St. Benedict's Prep, N.J.) was named the 2011 D3wrestle.com National Wrestler of the Year on Monday, April 18.

Uvs Nuur Basin, Mongolia

The Uvs Nuur Basin sits on the northern edge of the Central Asian steppes, bounded on all sides by mountains.

Defense chiefs of S. Korea, Mongolia to hold talks

The defense chiefs of South Korea and Mongolia will hold talks in Seoul on Thursday to discuss ways to enhance bilateral military ties, the Ministry of National Defense said Tuesday.

First Mongolian Rare Earth shipment to be sold to South Korea

Green Technology Solutions Inc. (PK:GTSO) will send its 1st Mongolian Rare Earth shipment to South Korea in June, local media reported Tuesday.

Mongolian herders sweep into capital in protest

ULAN BATOR, Mongolia -- Several hundred Mongolian herders joined by environmental activists are setting up camp in the capital to protest international mining deals and demand elections.

Metals the new weapon in Mongolia's latest bid to conquer world

MONGOLIA LETTER: Mongolia’s fabulous reserves of gold and copper mean it is on the brink of transformation from one of the world’s poorest countries to among the richest, writes CLIFFORD COONAN

Tuesday, April 19, 2011

Zagreb meeting raises interest among Croatian businessmen

The Foreign Investment and Foreign Trade Agency (FIFTA) jointly organized with the Economic Chamber of Croatia a round table meeting in Zagreb on April 14, on how to do business with Mongolia, where its Chief, B.Ganzorig, gave a presentation on the economy of Mongolia, the investment environment and Government policy and projects on mining, food, agriculture and tourism.

UNICEF offers help for children’s rights programs

Deputy Prime Minister and Deputy Head of the National Council for Children M.Enkhbold yesterday received UN Resident Coordinator Ms. Rana Flowers who promised UNICEF support for organizations working on preventing and protecting children from possible risks.

E.Munkh-Ochir: The coalition has served its purpose and should resign

MP E.Munkh-Ochir answers our reporter’s questions on why he demanded at yesterday’s meeting of the DP group in Parliament that the Government should resign.

Austrian businessmen to come in July to study investment opportunities

Mongolian and Austrian businessmen held a round table meeting in Vienna in last week organized by the Embassy of Mongolia and the Austrian Chamber of Commerce.

Major copper market developments in March

Reuters reported that copper prices lost some ground and momentum in March and may have further to fall on near term worries about China demand prospects.

Noble will market output from Mongolian jv, says Xanadu's Thornton

Noble Resources will market all coal, iron ore and ferro-alloys produced through its joint venture with Xanadu Mines in Mongolia, Xanadu’s executive chairman Brian Thornton told MB on Tuesday.

The Three Girls on the Stage

A first-ever concert by the famous Mongolian local band called “Three Girls” will take place on April 22nd and 23rd at the Royal Hall of the UB Palace.

The Anniversary of the First Hunnu State Being Celebrated

This year marks the 2220th Anniversary of the first Hunnu State. Tengis Movie Theater and the Institute of Archaeology of the Mongolian Academy of Sciences are co-organizing an exhibition called “Hunnu State-2220”, within the framework of the 2220th Anniversary of the first Hunnu State.

Mongolia Home to International Think Tank

Landlocked developing countries in the Asia-Pacific region today pledged during a United Nations-backed meeting in Mongolia to promote greater cooperation and to reduce trade and transport barriers in an effort to achieve mutual sustainable development.

M.ENKHBOLD MEETS UNICEF REPRESENTATIVE

The Deputy Premier and vice head of the National Council for Children (NCC) M.Enkhbold met Monday Mrs. Rana Flowers, the permanent representative of the United Nations International Children's Emergency Fund (UNICEF) to Mongolia.

"RUNNING BUSINESS WITH MONGOLIA" MEETING RUNS

The “Running business with Mongolia” round table meeting took place April 14 in Zagreb, Croatia, organized by Mongolia's Foreign investment and foreign trade agency /FIFTA/ jointly with Economic department of Croatia.

D.Altai to head National Authority for Children in Mongolia

The State Service Council (SSC) has appointed D.Altai as Chief of the National Authority for Children (NAC) from a list of ten candidates.

Mineral law amendments put security, ecology before profit in Mongolia

A member of the working group that is preparing amendments to the law on mineral resources, MP D.Gankhuyag, has said that the group wants the amended law to focus on mine workers’ security and health first, then on protection to nature and ecology, and only thereafter on profit.

Students in 30 schools to be taught in Mongolian and English

Students in 30 secondary schools will receive lessons in Mongolian and English from the next fall when the Cambridge education program is introduced.

UNHCR encourages Mongolian Parliamentary support for 1951 Convention

BAYANGOL VALLEY, Mongolia, April 18 (UNHCR) – Laughter rocked a conference centre here as government and UNHCR negotiators faced off last weekend to hammer out an agreement to protect 20,000 refugees who had just fled an uprising and flooded into the country.

Mongolia's Uranium Boom

In March, a few international media outlets quietly reported that Mongolia and the U.S. had been holding informal discussions on a proposal that would have Mongolia serve as a regional depository of spent nuclear fuel.

Monday, April 18, 2011

Global Grizzlies holding banquet to raise money for Mongolian aid trip

Global Grizzlies, a student-run nonprofit group at the University of Montana, will host a banquet and silent auction Friday, April 15, to raise money for a humanitarian trip to Mongolia.

Gold could breach $2 000 mark if US recovery fails − analyst

The gold price could breach the $2 000/oz mark by 2012/13, if hopes for a US economic recovery are not realised, said mining analyst Rene Hochreiter at a gold conference in Johannesburg.

Working to Lure Resource Firms

Resource companies are flocking to Hong Kong to raise capital. Are they coming to the right place?

Emerging Markets Law Firm to Open Mongolia Office to Respond to Rapid Growth

As Mongolia emerges as one of the fastest growing markets, Rosenblatt & Company is strategically adding Ulaanbaator to its network of emerging economy offices, complementing its practice in Emerging Europe, Central Asia and the Middle East.

Ministry of Rural Development signs agreement with Mongolia

Hungary's Ministry of Rural Development and Mongolia's Ministry for Food, Agriculture and Light Industry have signed an agreement to cooperate in the areas of agricultural technology, trade, training and science, Hungary's government portal kormany.hu said.

Mongolian Province to Attract Foreign Investment

A two-day investment forum aimed at boosting development in Mongolia's Dornogobi province will be a new start to attract investors to the landlocked Asian nation, a senior official has said.

Friday, April 15, 2011

Workers in Mongolia closed mines to get two months’ minimum salary

Yesterday’s Government meeting decided to grant MNT280,400, or two months’ minimum salary, as compensation to miners whose work places have been closed down in Nalaikh, Bor-Undur, and Berkh of Khentii aimag, in Saikhan-Ovoo of Bulgan aimag and to workers of Nalaikh glass factory.

Ms. Heyzer Impressed with the Development and Lifestyle Of Mongolians

When Foreigners visit Mongolia, they usually are very much interested in a herder’s daily life. One of the foreigners to visit a herder’s family was Ms. Noeleen Heyzer who is the first executive director from the South to head the United Nations Development Fund for Women (UNIFEM).

RBS index taps Mongolian growth potential

Royal Bank of Scotland has launched the RBS Mongolia Opportunity (TR) Index, which provides German investors with access to one of the fastest-growing economies in the world

Geosan Purchases First Microsoft UltraCamXp Wide Angle Camera in Mongolia

Graz, Austria — April 14, 2011 — Geosan LLC has contracted with Vexcel Imaging GmbH, a Microsoft® company, to purchase an UltraCamXp Wide Angle digital aerial photogrammetric camera system.

Mongolian Sumo Wrestler Proves Their Worth Again

Mongolian sumo wrestler and twice World champion U.Byambajav won the gold medal in +115kg weight category in the Sumo-Basho Berlin international tournament.

Chinese Celebrity Finds Mongolia as the Best Pace to Relax

The well-known Chinese actress Zhao Wei arrived in Ulaanbaatar, Mongolia on. Zhao Wei is a well known Chinese mainland actress and pop singer.

Mongolia and England Holds Hands in the Educational Spectrum

On April 13th, a ceremony to sign a memorandum of mutual understanding on cooperation between the Mongolian Government and the International Examinations Center of the University of Cambridge took place in the auditorium of the school called “New Era”.

Landlocked Asia-Pacific countries pledge at UN meeting to build cooperation

14 April 2011 – Landlocked developing countries in the Asia-Pacific region today pledged during a United Nations-backed meeting in Mongolia to promote greater cooperation and to reduce trade and transport barriers in an effort to achieve mutual sustainable development.

Mongolian art to be auctioned in honor of Earth Day

Original artwork will be auctioned at The Spirit of Earth Day, to be held at the Emerson Center for the Arts and Culture on Sunday, April 17, from 1 until 5:30 p.m.

The American Muscle man Will be in UB to Judge the Mongolian Muscles

Ulaanbaatar, Mongolia will host the 45th Asian Bodybuilding and Fitness Championship, which is being organized by the Mongolian and Asian Bodybuilding and Fitness Federations from July 25th to 29th, 2011.

GTSO Moves Toward Selection of Rare Earth Refiner for New Mongolian Ores

President John Shearer Vetting Refineries Across the Globe for Mongolian Mineral Exports.

Thursday, April 14, 2011

FIRST STEP TO INTRODUCE CAMBRIDGE SYSTEM IN MONGOLIA

A ceremony took place Wednesday to sign a memorandum of mutual understanding on cooperation between the government of Mongolia and the International Examinations Center of the University of Cambridge.

Redwood Capital Announces the Acquisition, ASX Listing and $10 Million Public Offering for Mongolian Resource Corporation

Chairman/CEO Jim Bickel is Appointed as Director of the ASX Listed Company.

International organization to be established in Mongolia

The State Secretary of the Ministry of Foreign Affairs and Trade, D.Tsogtbaatar, answers a journalist’s questions.

GTSO to Initiate Talks With S. Korean Buyers for Mongolian Rare Earth Exports

Company Expects First Shipment of Mongolian Ores Could be Bound for Seoul Soon

Turkey, Mongolia sign cooperation deal on energy resources

Turkey and Mongolia signed a cooperation agreement on oil, natural gas & mineral resources on Wednesday.

Mongolia to announce bid results for Tavan coal mine soon

(Reuters) - Mongolia will announce results of bidding to develop the prized Tavan Tolgoi coal mine "very soon", a government official said on Wednesday.

Mongolia May Unveil Winning Bids for Tavan Tolgoi Next Month

Mongolia may announce the winning bids to develop Tavan Tolgoi, one of the world’s biggest untapped coal deposits, next month, said an official at the Ministry of Mineral Resources and Energy.

Mongolia: Boldly Go Where No Investor…

The Mongolian economy is not one that grabs a lot of attention on the global stage.

Tuesday, April 12, 2011

MONGOLIA TRADES WITH 101 COUNTRIES

In the first quarter of 2011, Mongolia traded with 101 countries from all over the world and total external trade turnover reached 1830.0 million US dollars, of which exports made up 742.1 million US dollars and import made up 1087.8 million US dollars.

Agreement for advisory services for the new railway in mongolia has been signed

The Government of Mongolia by its Resolution No. 283 has granted the special permission to build the approximately 1100 km long new railway infrastructure between Dalanzadgad and Choibalsan.

40,800 citizens actively seeking jobs in Mongolia

This was 3,649 or 9.8% more than in the same period in 2010. Of them, 53% had held a job before while 47% had no experience.

Farmers worried about fuel price rise in Mongolia

About 800 representatives of the sector attended a conference of agriculture workers in Darkhan-Uul aimag on April 9.

Chuang launches construction of two new mixed use towers in Ulaanbaatar

The Edelweiss Residence and the Chinggis Avenue tower are set to redefine Ulaanbaatar's skyline and the property market dynamics.

Minister G.Zandanshatar in Abu Dhabi

Foreign Minister of Mongolia G.Zandanshatar attended the First Session of the Assembly of the International Renewable Energy Agency (IREA) held in Abu Dhabi, the United Arab Emirates on April 4-5.

Quam Silk Road Mongolia Fund

New York (HedgeCo.net) – Investment management firm Silk Road Management (SRM) has announced the launch of the Quam Silk Road Mongolia Fund, a new hedge fund investing in globally listed companies primarily exposed to the Mongolian economy.

Mongolia and Japan - All Set to Sign the EPA

The third meeting of the Joint study group on feasibility study for establishing the Economic Partnership Agreement /EPA/ between Mongolia and Japan was held on 21st and 22nd, March, 2011 at the Ministry of Foreign Affairs and Trade of Mongolia.

Asia-Pacific Landlocked Developing Countries Policy Dialogue opens in Mongolia

The Landlocked Developing Countries Policy Dialogue jointly organized by the Mongolian government and UN Economic and Social Commission for Asia and the Pacific (ESCAP) opens Tuesday.

The EBRD Injects More Funds to Further Development of SMEs in Mongolia

A senior delegation from the European Bank for Reconstruction and Development (EBRD), led by President Thomas Mirow, paid a visit to Ulaanbaatar during last week for two days.

GTSO President Plans Inspection of New Mongolian Rare Earth Properties

President and CEO John Shearer will Travel to Ulan Bator in May

Monday, April 11, 2011

EBRD President visits Mongolia

The FINANCIAL -- A senior delegation from the European Bank for Reconstruction and Development (EBRD), led by President Thomas Mirow, is visiting Mongolia on 8-9 April.

Private sector dominates list of Top 100 companies in Mongolia

Companies in the private sector dominate the recently published 10th annual list of the top 100 businesses in Mongolia, compiled jointly by the Mongolian National Chamber of Commerce and Industry and the Mongolian Government.

Miners rush to find new copper sites

It will take more time, arid lots more money, to bring new copper supplies online as miners venture into more challenging geography and geology to meet soaring demand.

London's drive to Hong Kong, via Mongolia

Mongolia's stock exchange is the prettiest pink-and-white, neoclassical fairytale affair, once a children's cinema, across the road from the parliament in Ulan Bator.

Friday, April 8, 2011

Mongolian People Say No to Nuclear Waste

The Ministry of Foreign Affairs of Mongolia (MFAM) made a statement in connection with recent media news that Mongolia may store foreign spent nuclear fuel.

McCloskey Mongolia Coal and Infrastructure Conference 2001 Opens

After the mega conference and exhibition organized by the Ministry of Minerals and Infrastructure last month, yesterday started another mega event called McCloskey Mongolia Coal and Infrastructure Conference 2001 at the Ulaanbaatar hotel.

Electricity likely to cost more from May 1 in Mongolia

A formal announcement is yet to be made but it is almost certain that Energy Regulation Board will go ahead with its previously declared intention to raise electricity price in Ulaanbaatar from May 1 charging MNT110 for a unit instead of the present MNT79. The board has mentioned two basic compulsions behind its decision.

Mongolian Prime Minister And London Stock Exchange Group (LON:LSE) CEO Seal Partnership To Develop Mongolian Stock Exchange

London, United Kingdom, Apr 07, 2011 (ABN Newswire via COMTEX) -- London Stock Exchange Group Plc (LON:LSE) and the Mongolian State Property Committee ("SPC") today announce that they have signed a Master Services Agreement ("MSA"), confirming their intention to modernise the Mongolian Stock Exchange ("MSE"), and agreeing details of how the partnership will be implemented.

GTSO Initiates Talks to Acquire Rare Earth Exporters of Mongolia

A Successful Acquisition Could Prove to be a Very Lucrative Opportunity.

Thursday, April 7, 2011

Rio Tinto CEO says consumers boost metals demand when they buy cellphones, cars

Consumers around the world will create long-term demand for key metals such as aluminum as they buy more mobile phones, cars and homes, the head of global miner Rio Tinto said Wednesday.

Dealmakers on emerging markets

Emerging markets are attractive for growth but cross-border deals face a series of challenges, ranging from politics to the size of potential targets, senior bankers told the Reuters Global M&A Summit.Here are some comments on emerging markets M&A from the Summit:

Oil price and gold price to double in five year – US Global Investors

Oil is a good short-term bet for another five months due to upcoming peak U.S. summer driving season, while prices in the long-term are likely to double along with gold in five years, said a leading fund manager.

A private visit to the Republic of Mongolia

His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and his party arrived at Chinggis Khaan (or Genghis Khan) International Airport Friday evening, commencing a private visit to the Republic of Mongolia.

Mongol Deputy Minister receives visiting UNPF official

Deputy Minister for Foreign Affairs and Trade B.Bolor yesterday received the head of the Asia and Pacific Regional Office of the UN Population Fund, Mrs. Nobuko Horibe, and noted the happy coincidence that her visit to Mongolia was in the 50th anniversary year of the country’s membership of the UN.

New archaeological finds in Mongolia

Russian archaeologists in Novosibirsk in Western Siberia have put on display some of their latest finds at Hun sites in northern Mongolia.

Mongolia's mining ambitions

Australia, Brazil and the African continent are all benefiting from Asia's insatiable demand for natural resources.

Mongolia Nuclear Push to Take Cue From World Sentiment

Mongolia will take its cue from the global reaction to Japan’s nuclear disaster before continuing with plans to build atomic power plants, according to the deputy chairman of state-owned nuclear company Monatom.

Mongolia's Oyu Tolgoi copper-gold mine to begin production in Aug 2012

(Reuters) - Mongolia's massive Oyu Tolgoi copper-gold project is expected to begin production in August 2012, sooner than forecast, said Temuulen Ganzorig, Deputy Director of Erdenes MGL which partners with Ivanhoe Mines and Rio Tinto in developing the site. [ID:nN03114292]

Mongolian Gold and Copper Mine Project Ahead of Schedule

Representatives of Ivanhoe Mines Ltd released a statement last week, saying that the massive Oyu Tolgoi mining project in Mongolia is actually developing ahead of schedule.

Report Listing Top 100 Mongolian Companies Released

Apr. 6 – The Mongolian National Chamber of Commerce and the Mongolian Government recently released the 10th annual list of the top 100 businesses in Mongolia.

What Mongolia Can Teach the Middle East

The popular upheavals in Tunis, Cairo, and Tripoli gripped Ulaan Bator only a generation ago. Now it's our turn to help the Arab revolutions fulfill their potential.

Injured Mongolian woman heads home after remarkable recovery

ALBANY -- Uranjargal Dovdonpurev is going home to Mongolia, the final leg of a remarkable journey of recovery.

Wednesday, April 6, 2011

UNHCR Employee Admits Ulaanbaatar Office’s Role in the Arrest and Deportation of an Asylum Applicant, Deportee Suggests UNHCR Provided Asylum Seeker’s Information to the Chinese Government

Anaraa Nyamdorj, an employee of the United Nations High Commissioner for Refugees (UNHCR) at the Ulaanbaatar Liaison Office in Mongolia, stated in her personal blog that the UNHCR Regional Office instructed her to disclose personal information about Batzangaa (written Batuzhangga on his Chinese passport), an asylum applicant with UNHCR, to the Mongolian police.

How You Can Join Hunt for Genghis Khan

(Newser) – Armchair history buffs, take note: A University of California scientist needs all the help he can get finding the tomb of Genghis Khan.

Mongolia launches joint disaster management exercise with U.S.

The opening ceremony of the third phase of the annual "Gobi Wolf" disaster management exercise, is held by the Mongolian government and the U.S. Department of Defense, started here in Ulan Bator, capital of Mongolia on April 5, 2011.

MCA ROAD PROJECT HOSTS MEETING

The news was sounded Monday by website of the U.S Embassy in Mongolia. During the meeting, presentation has been made on Millennium Challenge Compact between the US and the Government of Mongolia, its amendment and Road Project's activities as well as current conditions, needs, importance and outcomes of rehabilitation and construction of Ulaanbaatar-Nalaikh road and bridge.

AMBASSADOR AND ANASTASIA TALK ABOUT TSEDENBAL

The Ambassador Extraordinary and Plenipotentiary of Mongolia to the Russian Federation (RF) D.Idevkhten received Monday Anastasia Zorigovna Tsedenbal, 26, a granddaughter of Yumjaagiin Tsedenbal, an outstanding state figure of Mongolia and the state head of the former socialist People's Republic of Mongolia in 1940-1980.

Plans to increase tourism revenue in Mongolia

The number of tourists has been increasing every year and about 450,000 tourists visited Mongolia in 2010.

TS.ORGODOL PARTICIPATES IN UNWTO'S CONFERENCE

A head of the Tourism Department of the Ministry of Environment and Tourism Ts.Orgodol has attended the United Nations World Tourism Organization's (UNWTO) 23rd Annual Conference of South Asia, East Asia and the Pacific held in Colombo, Sri Lanka.

GTSO Thrilled by Rare Earth Inquiries from 3M and Others

Demand is Growing for Rare Earths Mined in the U.S. and Mongolia.

Tuesday, April 5, 2011

Geology, risk hinder new copper supply

It will take more time, and lots more money, to bring new copper supply on line, as miners venture into more challenging geographies and geologies to meet soaring demand.

GTSO: China Announces New Caps on Rare Earth Production

Declining Rare Earth Exports from China Require New Mining Developments in the U.S. and Mongolia.

Altankhuyag: Coalition Government Makes Historical Decision

As we reported, the Government decided that every citizen born before March 31, 2011 will be an owner of the state-owned Erdenes Tavantolgoi Deposit.

Accounting practices to be improved in Mongolia

Accountants and financial inspectors will also be trained to be more aware of laws.

MPP sets up 9 groups to redress people’s grievances in Mongolia

The MPP group in Parliament met today to hear MPs’ reports on what they learnt from people in their electoral districts.

We can’t compete, ‘cause no funding for Us

Mongolian men’s and U18 national teams won’t compete in the in the 2011 IIHF (International Ice Hockey Federation) World U18 (Under 18 Years of age) Championship Division III.

Mongolia Children’s Foundation reviews work in 2010

Presiding over a meeting of the managing council of the Children’s Foundation of the Government on April 1, its head and Deputy Prime Minister, M.Enkhbold, stressed the importance of spending money on projects and programs that will be effective in improving the condition of children.

Mines and Money hosted mega projects for the dinner table of investors

Mines and Money 2011 was held between 22-25 March 2011. Three day event with over 150 exhibiting companies.

UN Population Fund official in Mongolia

The Director of the UN Population Fund of Asia and Pacific Regional Office, Mrs. Nobuko Horibe, is visiting Mongolia between April 4 and 8 on an invitation by the Ministry of Health, to mark the 50th anniversary of cooperation between the UN and the Ministry.

Mongolia attends conference against human trafficking

Mongolia was among the 32 Asia-Pacific countries attending the fourth regional conference on human trafficking and related transnational crimes on March 30 in Bali, Indonesia. Deputy Minister for Justice V.Udval led the Mongolian delegation.

Mongolia to hold international green business project contest

Zuunii Medee newspaper and the Union of Mongolian Entrepreneurs are jointly sponsoring a contest to select the best green business project submitted by youth in 30 countries of the world.

A Lady from Mongolia Ventures the Heights

The international Mountaineering Sport Master, B.Gangaamaa left Mongolia on April 4, 2011 with the aim of putting her feet on the top of the highest peak on earth the Mount Everest which is situated 8848 meters above the sea level.

Mongolian and Estonian Foreign Ministry Officials Meet

During the meeting Mongolia and Estonia stressed the importance of regularizing the top official’s visits to boost cooperation in trade, economy and investment in order to strengthen bilateral ties in more fields.

Modern Art in the Modern Mongolian Way

A special art exhibition called “Surrealism in Mongolia” kicked off in the art gallery of the Union of Mongolian Artists, on April 1, 2011.

‘Citizen scientists’ help search for tomb of Genghis Khan via photos of Mongolia

Albert Lin is hunting for Genghis Khan.

Legend has it that Khan, the ruthless conqueror who was the first emperor of the Mongol Empire, was buried in an unmarked tomb in northern Mongolia about 800 years ago.

Monday, April 4, 2011

McCloskey Mongolian Coal and Infrastructure Conference 2011

The inaugural McCloskey Mongolian Coal Conference will take place in Ulaanbaatar in April 2011. The coal bonanza in Mongolia is gathering pace as news of mine developments and rail projects are announced on a growing basis yet so much is still unknown about the huge potential of Mongolian coals, the diversity of qualities, size of deposits, accessibility and what is required to bring the coals to market.

“THE PEOPLE’S IPO” BUILDS ON KAZAKH STABILITY

Kazakhstan’s President, Nursultan Narzarbayev, has set elections for April 3, 2011. As part of his reelection program, a clear plan for a “People’s IPO” was announced at the World Economic Forum in Davos last month.

Record 2011 coal price agreed by Xstrata, Chugoku Electric

Xstrata and Chugoku Electric have settled an annual coal contract for the Japanese fiscal year starting April 1 at a record level of around $130 per tonne, over 30 percent higher than last year’s contract, sources told Reuters on Friday.

Chinalco sees Rio as key partner

Chinalco, the Chinese aluminium group, has no plans to sell down its shares in Rio Tinto, viewing the mining house as a key strategic partner as Chinalco expands overseas.

Mongolia’s struggle with liver cancer

In Mongolia’s National Cancer Centre, an imposing cement structure in the capital Ulaanbaatar, Chantsal was recovering from surgery.

Geology and risk hinders new copper supplies

(Reuters) - It will take more time, and lots more money, to bring new copper supply online, as miners venture into more challenging geographies and geologies to meet soaring demand.

Sales prices about to be set for the 10,000 apartments project in the 7th Khoroolol of Ulaanbaatar, Mongolia

This new 10,000 Apartments is aimed at providing permanent housing for 40 to 50 thousand Ulaanbaatar residents.

China's Largest Coal Producer Builds Processing Project On China-Mongolia Border

HOHHOT, April 4 (Bernama) -- China Shenhua Energy Co. Ltd., the country's largest coal producer, has planned a huge investment to build a coal processing project on China-Mongolia border to better use coal imports from the Republic of Mongolia, China's Xinhua news agency reported.

Lithuania and Mongolia hold consultations on bilateral trade promotion and transport cooperation

On 31 March during the consultations in Vilnius, Foreign Ministries of Lithuania and Mongolia discussed ways to promote bilateral economic and trade relations, also cooperation in the spheres of transport, culture and education, reported BC the press service of the Foreign Ministry.

Reform of jurisdictional & justice forum expected in Mongolia

A senior advisor to the President, P.Tsagaan has received authority officials of Khan Bank led by its executive director Simon Morris.

Platinum year for Korea, Mongolia

Mongolia, a country with a long history in Korea, is marking the platinum anniversary of the establishment of diplomatic relations this year.

ArcelorMittal Cuts Costs All The Way To Mongolia

ArcelorMittal is by far the largest producer of steel in the world, and is leaving no stone unturned to ensure it holds this position.

Friday, April 1, 2011

FIFA World Cup Qualifying Matches

Mongolian National Football Team known as the Blue Wolves will compete against a team from Myanmar in the first leg of Asian qualification match for FIFA World Cup 2014 in Brazil.

Pyong-yang and Harvard Universities launch joint MBA Program in Mongolia

Pyong-yang University and Harvard University issued a press release today indicating that they have agreed to cooperate in setting up a new MBA programme in Ulaanbaatar, Mongolia.

Mongolian Scientists to Clone Woolly Mammoth in Three Years

Spicing up the tourism industry.
A Mongolian scientist in collaboration with the Mongolian Ministry of Tourism suggests that Mongolia may be able to clone a woolly mammoth using frozen mammoth cells within the next three years.

Donald Trump to build 120-storey tower in Ulaanbaatar, Mongolia

US billionaire real-estate developer Donald Trump is finally making a serious move to transform the skyline of Mongolia’s financial capital, Ulaanbatar.

Esui- A Mongolian Wonder in Women Fighting

E.Bolormaa known as Esui is a first Mongolian female pro-wrestler and mixed martial artist. Esu