Monday, October 31, 2011

Report: Mongolia may list national railroad on Hong Kong exchange

A Chinese newspaper says Mongolia is considering listing its national railroad on the Hong Kong stock exchange as part of an effort to finance an ambitious USD 5 billion railway building program.

DP discusses draft budget, other issues

The DP caucus in Parliament plans to discuss several issues, including a 2012 draft budget, and proposals for funding the social insurance fund and the Human Development Fund.

Convicted ACA officials will not return

The State Supreme Court (SSC) last week ordered three Anti-Corruption Authority (ACA) officials convicted of corruption released from custody.

CAMPAIGN RUNNING TO SUPPORT HIV/AIDS PEOPLE

Ulaanbaatar, Mongolia /MONTSAME/ A campaign is running on October 20-30 to develop activities against discrimination and humiliation of the people with HIV/AIDS.

RESEARCH IN POPULATION'S NUTRITION PRESENTED

Ulaanbaatar, Mongolia /MONTSAME/ A report on the fourth national research into nutritional level among Mongolia's population has been published in Mongolian and English languages.

Mongolia: Industry changes in the making

Mongolia’s government is emphasising its plans to diversify from reliance on mining-related revenues and investment in the hope that the development of the manufacturing and agricultural sectors will create a more advanced industrial base.

How the Oyu Tolgoi Project is creating opportunities in Mongolia

Rich in resources, Mongolia – a country of less than 3m people and GDP of just $7bn – has become a hotspot for global miners.

Mongolia shows preparedness in mining future

Mongolia’s mining industry has seen major improvements in recent years, with its contribution to the nation’s GDP growing to nearly 30 percent in 2008.

China coal giant bids for New Zealand’s fatal Pike River mine

The Manawatu Standard reports giant Chinese state-owned Shanxi Coal is understood to be in the running to buy New Zealand’s Pike River Coal as part of a joint bid with local miner Solid Energy.

Mongolia holds 24th World Cadets Championship in Draughts

ULAN BATOR, Oct. 30 (Xinhua) -- The 24th World Cadets Championship in Draughts organized by Mongolian Draughts Federation open here on Sunday.

Number of Mine Workers to Increase with a Possible 40.000 New Jobs in the Next Five Years

Ministry of Social Welfare and Labour in collaboration with mining sectors are organizing a meeting under the topic “Labour Safety and Hygiene of Miners and Micro-Miners”.

Cougar says A$34m Qld lawsuit making progress

PERTH (miningweekly.com) − ASX-listed Cougar Energy would press ahead with its strategy of expanding into Asia, while seeking recovery for the shut down of its Kingaroy power plant project, in Queensland, the company said last week.

Prime Minister Meets with UN Secretary-General

Prime Minister S.Batbold visited Secretary-General of the United Nations Ban Ki-moon on October 28. S. Batbold congratulated Ban Ki-moon, who has been reappointed as UN Secretary-General. The Prime Minister urged that Mongolia and the UN, who have cooperated successfully for 50 years, hold together their relationship.

S.Demberel enlists to CWP

Head of Mongolian National Chamber of Commerce and Industry S.Demberel enlisted to Civil Will Party and he took his party card in the Government House on Friday.

Parliament passes 2011 revised budget

Parliament discussed ultimate version of 2011 revised budget and passed it on Friday. Budget income increases by MNT615 billion and its expenditure raises by MNT824 billion along the revise.

Coal transportation railway likely to be finished in 2014

The head of Finance and Investment Office of the Ministry of Road, Transportation and Urban Development, Yo.Manlaibayar, stated railway infrastructure to transport coal from Tavantolgoi deposit mine likely to be finished in 2014 at an investment conference in Hong Kong on October 27.

Officials decide citizens’ complain of consumer’s rights violation

The Authority for Fair Competition and Consumer Protection organized an open door day on Friday.

Mongolia mulls listing of rail stake in Hong Kong

Mongolia is considering a Hong Kong listing of its rail-building firm in a bid to help finance its $5 billion railway plan, the South China Morning Post reported on Friday.

Ivanhoe Australia’s good news double play

Ivanhoe Australia Ltd (ASX & TSX: IVA) announced today that a pre-feasibility study has been completed on the Merlin molybdenum-rhenium project in north western Queensland.

Ivanhoe Energy to conduct testing of second Mongolia well in early 2012

David Dyck, President and Chief Operating Officer of Ivanhoe Energy Inc. (TSX: IE) (NASDAQ: IVAN), and Gerald Moench, President of Ivanhoe's wholly-owned subsidiary Sunwing Energy Ltd., announced today that Ivanhoe has successfully finished drilling the company's second exploration well on the Nyalga block in east-central Mongolia and have prepared the well for completion and testing early next year.

Mongolia holds 24th World Cadets Championship in Draughts

ULAN BATOR, Oct. 30 (Xinhua) -- The 24th World Cadets Championship in Draughts organized by Mongolian Draughts Federation open here on Sunday.

Mongolia requests to become OSCE participating State

The OSCE Chairperson-in-Office, Lithuanian Foreign Minister Audronius Ažubalis, today received a letter from Mongolia’s Minister of Foreign Affairs and Trade, Gombojav Zandanshatar, formally expressing Mongolia’s willingness to join the OSCE as a participating State.

Mongolia Replaces Australia As Largest Coking Coal Supplier

Mongolia has replaced Australia to be China's largest coking coal supplier, said Mr. Huang Jingan, President of the China Coking Coal Industry Association, at a summit forum about the country's coking coal supply and demand situation held in Xinjiang on October 22.

Choi Tseveenpurev Wins “Prizefighter”: The Featherweights

By James Slater:Tonight at a packed out York Hall, Bethnal Green in the nation’s capitol, “Mongolian Warrior” Choi Tseveenpurev became the oldest man to win “Prizefighter” - the 40-year-old picking up the featherweight trophy and the £32 grand that comes with it.

Friday, October 28, 2011

DP officials express support for One Democracy Association

Managing officials of the DP, including Chairman N.Altankhuyag, Secretary General D.Erdenebat, and the head of the DP caucus in Parliament, Ch.Saikhanbileg, received representatives of the One Democracy Association on Thursday.

Parliament postpones discussion on tariff increase

At Thursday’s session, MPs began discussion of the 27th protocol annex of Parliament, which focuses on tariff increase on imported wheat. D.Khayankhyarvaa suggested postponement of discussion.

New buses to serve public transport

The Ministries of Nature, Environment and Tourism and of Road, Transportation and Urban Development have planned to increase number of trolley and duo buses by 30 in Tsahilgaan Teever LLC with the aim of air pollution reduction.

MPs approve a draft law on fight of human trafficking

Minister for Justice and Internal Affairs Ts.Nyamdorj presented a draft law on fight of human trafficking and Parliament discussed the draft law on Thursday.

Health sector discusses emergency reform

The Ministry of Health, Health Project of Millennium Challenge Foundation (MCF) and Health Board of the Government are organizing two-day national forum “Emergency reform” in Bishrelt Hotel on October 27 and 28.

MONGOLIA GIVES CONCERT IN UN GENERAL ASSEMBLY HALL

Ulaanbaatar, Mongolia /MONTSAME/ Within the celebration of Mongolia's 50-year membership in the UN, a concert of Mongolia's art ran on October 27 in the conference hall of General Assembly of the UN.

G.ZANDANSHATAR GIVES INTERVIEW

Ulaanbaatar, Mongolia /MONTSAME/ The Foreign affairs Minister, G.Zandanshatar received on October 27 journalists of British “Panorama” television Kirlin Emerson John and Fernandez Maria de Los to give an interview.

PARLIAMENT APPROVES BUDGET CLARIFICATION FOR 2011

Ulaanbaatar, Mongolia /MONTSAME/ A plenary meeting of the parliamentary session discussed and approved the budget clarification for 2011 on October 28.

AGREEMENTS SIGNED ON U.S ASSISTANCE OF 6.2 MILLION U.S. DOLLARS

Ulaanbaatar, Mongolia /MONTSAME/ On Friday, a ceremony took place to sign amendments to agreements between the governments of Mongolia and the USA on granting targeted non-refundable aid.

S.Demberel becomes member of Civil Will Party

S.Demberel, Director of the Mongolian National Chamber of Commerce and Trade became a member of the Civil Will Party and received his certification from S.Oyun, Leader of the Civil Will Party.

Natural Environment Must Be Considered During Oil Extraction

A discussion regarding the building of oil refineries in Mongolia and the proposal for renovation of oil exploration and exploitation laws was held yesterday in the Civil Chamber.

Mongolia Capital Raising and Investment Conference: Foreign Companies Listed on the Korean Exchange

Ulaanbaatar, Oct 28, 2011 (ABN Newswire) - At the "Mongolia: Capital Raising & Investment" conference, a panel discussion was held with Mr. Jung-Suk Jo of the Korean Exchange (KRX) acting as facilitator and with delegates from Samsung Securities and the Korean- Mongolian Business Association (KMBA) in order to enlighten the audience on the listing of foreign companies on the KRX and the services offered by the KMBA.

A View on the Mongolian Trafficking Situation

My first work in Mongolia, was with an NGO that works with young children from the ger district abandoned by their parents (New Choice Children’s Charity).

Mongolia: Afghanistan’s Minority Hazara Students Find Peace in Ulaanbaatar

Ulaanbaatar hardly registers as dream destination for study-abroad scholars.

Cougar pursuing opportunities in Asia

Underground coal gasification (UCG) company Cougar Energy says it is not sitting around waiting to get money out of the Queensland government.

Mongolian core to Russia's nuclear bid

Over the last two decades, Russia has aggressively exploited and leveraged the nuclear legacy of the Cold War competition between the United States and the Soviet Union.

UPO continuing investigation of July 1 incidents

Ulaanbaatar Prosecutors Office (UPO) says it is still investigating the incidents of July 1, 2008.

Ulaanbaatar Office for Children selects “best families”

Ulaanbaatar Office for Children annually selects the ten “best families” in the capital and the traditional ceremony announcing the families was held on Wednesday.

First Deputy PM N.Altankhuyag discusses salaries, budget

DP Chairman and First Deputy Prime Minister N.Altankhuyag answered our correspondent’s questions.

MEETING RUNS ON MINING ISSUES

Ulaanbaatar, Mongolia /MONTSAME/ The meeting themed “Labour safety, hygiene issues in mining and micro mining and future goals” is running October 27-28, supported by the Ministry of Social welfare and labour and the International labour organization.

Rio Tinto CEO Keen To Increase Exposure To Africa

Rio Tinto Ltd. (RIO) Chief Executive Tom Albanese said the company is keen to increase its exposure to mining in Africa, flagging more potential investment in the continent.

Denison's Arizona 1 Uranium Mine Receives MSHA Sentinels of Safety Award

TORONTO, ONTARIO, Oct 26, 2011 (MARKETWIRE via COMTEX) -- Denison Mines Corp. /quotes/zigman/37817 CA:DML +3.17% /quotes/zigman/37804/quotes/nls/dnn DNN +5.10% ("Denison" or the "Company") is pleased announce that the Arizona 1 uranium mine received the 2010 U.S. Department of Labor's Mine Safety and Health Administration ("MSHA") Sentinels of Safety Award in the small underground metal mine category.

MORE THAN ONE HUNDRED STUDENTS WIN SCHOLARSHIP

112 leading students from low income herder families have won in the seventh scholarship programme announced by Swiss agency for Development and cooperation /SDC/ in Mongolia and the "Zorig" foundation.

More rare earth companies in China suspending production as prices slide

In a bid to stabilise the rare earths market amid falling local prices and balance the supply and demand position, much of the rare earths mining sector in China is temporarily halting output.

Suresh Kumar Talks US-Mongolia Relations

Assistant Secretary for Trade Promotion and Director General of the U.S. & Foreign Commercial Service, Suresh Kumar visited with journalists at U.S. Ambassador to Mongolia Jonathan Addleton’s home yesterday morning.

Listing on Australian Securities Exchange for Mongolian Companies

Ulaanbaatar, Oct 28, 2011 (ABN Newswire) - Mr. Eddie Grieve from the Australian Securities Exchange (ASX:ASX) presented at the "Mongolia: Capital Raising and Investment" Conference organized by Frontier Securities. Highlights of his presentation include;

Mongolia mulls listing of rail stake in Hong Kong -report

Oct 28 (Reuters) - Mongolia is considering a Hong Kong listing of its rail-building firm in a bid to help finance its $5 billion railway plan, the South China Morning Post reported on Friday.

Mongolia to Open China, Russia Railways

HONG KONG — Mongolia said it plans to synchronize the openings of two export railways to Russia and China to accelerate coal sales from the Tavan Tolgoi mine, one of the world's biggest unexploited coal deposits.

Ivanhoe Energy : October 27, 2011 Ivanhoe Energy to conduct testing of second Mongolia well in early 2012

NEWS RELEASE Ivanhoe Energy to conduct testing of second Mongolia well in early 2012 CALGARY, CANADA (October 27, 2011) - David Dyck, President and Chief Operating Officer of Ivanhoe Energy Inc. (TSX: IE) (NASDAQ: IVAN), and Gerald Moench, President of Ivanhoe's wholly-owned subsidiary Sunwing Energy Ltd., announced today that Ivanhoe has successfully finished drilling the company's second exploration well on the Nyalga block in east-central Mongolia and have prepared the well for completion and testing early next year.

Thursday, October 27, 2011

O.Sodbileg discusses candidacy, proposed election structure

O.Sodbileg of the MPP has released a proposal for an election structure. He spoke with our correspondent about it.

Workers demand resignation of Erdenet director

Workers of the company Zes Erdeniin Khuvi LLC demonstrated outside the Erdenet factory on Wednesday to demand the resignation of Mongolian Director Ch.Ganzorig.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet considered results of the State Head's participation in the General debate of the 66th session of the UN General Assembly and of his visit to New York City.

NAT'L PROGRAM AGAINST CHILD LABOR APPROVED

Ulaanbaatar, Mongolia /MONTSAME/ A national program on abolishing the worst forms of child labor was approved by the cabinet at a meeting held on Wednesday.

HEALTH VICE MINISTER MEETS ADB ADVISER

Ulaanbaatar, Mongolia /MONTSAME/ The Vice Minister of Health J.Tsolmon met an Adviser of Asian Development bank /ADB/ John James and a Social sector officer of ADB L.Itgel on October 26.

FOREIGNERS RECEIVE HONORARY MEDALS FROM VICE MAYOR

Ulaanbaatar, Mongolia /MONTSAME/ The first Deputy Mayor of Ulaanbaatar B.Baatarzorig has awarded with the Medal of Honour a country director of Swiss agency for development and cooperation /SDC/ in Mongolia Felix Fellmann and his deputy Matthias Meier.

MONGOLIANS AND POLISH TO VISIT EACH OTHER WITH NO VISA

Ulaanbaatar, Mongolia /MONTSAME/ From October 26, the holders of diplomat and official passports of Mongoia and Poland are to enter each other's country visa without visas.

BAN KI-MOON CONGRATULATES ON 50TH ANNIVERSARY OF MONGOLIA'S MEMBERSHIP IN UN

Ulaanbaatar, Mongolia /MONTSAME/ The Secretary-General of the United Nations (UN) Ban Ki-moon has delivered a message on occasion of the 50th anniversary of Mongolia's membership in the UN.

Former ACA Chief Sangaragchaa released from Prison

The State Supreme Court ordered three Anti-Corruption Authority (ACA) officials convicted of corruption released from custody after a hearing on Wednesday.

Government approves draft law on press freedom

At Wednesday’s meeting of the Government, members discussed a draft law on press freedom and approved it for further discussion in Parliament.

Canadian Stocks Rise as Copper Shares Gain on China Rate Outlook

Canadian stocks rose for the third time in four days as commodity shares and banks gained on speculation China may cut interest rates, and a report the Asian nation may be willing to help fund Europe’s bailout effort.

Tokyo AIM Preparing For Listings, New Capital Raising Opportunities For International Companies

Ulaanbaatar, Oct 27, 2011 (ABN Newswire) - Mr. Hiroki Kurihara, Executive Director of Tokyo AIM, educated attendees about capital raising opportunities for international companies through the Tokyo AIM.

C@ to acquire coal prospects in Mongolia

C@ has announced a deal to transform it from a listed shell company to a Mongolia-focused coal explorer.

Government of Mongolia proposes 2012 budget

Prime Minister S.Batbold presented the Government’s 2012 budget proposal to Parliament on Wednesday.

Mongolia becomes leading coal exporter to China

Mongolia has become the leading coking coal exporter to China. As of the end of August, Mongolia supplies China with 43 percent of its coking coal.

Mongolia Jeanne: Shaheen’s airy talking points

Sen. Jeanne Shaheen says the U.S. air traffic control system is worse than Mongolia’s. And that means one thing.

Mongolia Delays Dollar Bond Sale as Economy Set for 20% Growth

Oct. 27 (Bloomberg) -- Mongolia delayed plans to sell its first U.S. dollar-denominated bonds until 2012 as surging coal exports puts the economy on target to grow 20 percent this year.

EXHIBITION ABOUT MONGOLIA RUNS IN THAILAND

Ulaanbaatar, Mongolia /MONTSAME/ An exhibition dedicated to the 50th anniversary of Mongolia's joining the UN took place on October 24 in Thailand.

"ONE POINT SERVICE" CENTER OPENS IN S.KOREA TO HELP MONGOLIANS

Ulaanbaatar, Mongolia /MONTSAME/ The Cabinet meeting on Wednesday decided to set up One point service center in Republic of Korea.

TS.ELBEGDORJ GIVES LECTURE AT OXFORD UNION

Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the President of Mongolia Ts.Elbegdorj visited the Oxford Union and met its president Izzy Westbury.

Election Law for Whom?

The revision of the Ikh Khural Election Law has been one of the vexing political issues in recent years.

Bullman Signs Letter of Intent for Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA — Bullman Ventures Inc. (TSX VENTURE:BUL.P) (the "Company") announces, further to its news release dated August 25, 2011, that the letter of intent entered into with Beijing Nange Huyang Investment Ltd. dated August 18, 2011 has been terminated effective October 10, 2011.

Divers find 13th century wreck from Kublai Khan's Mongol invasion fleet that was destroyed by 'divine' typhoon

Japanese legend claims two 'divine winds', known as The Kamikaze, destroyed Mongol invasion fleets.

Denison's Arizona 1 Uranium Mine Receives MSHA Sentinels of Safety Award

TORONTO, ONTARIO, Oct 26, 2011 (MARKETWIRE via COMTEX) -- Denison Mines Corp. CA:DML +5.33% DNN +0.64% ("Denison" or the "Company") is pleased announce that the Arizona 1 uranium mine received the 2010 U.S. Department of Labor's Mine Safety and Health Administration ("MSHA") Sentinels of Safety Award in the small underground metal mine category.

Wednesday, October 26, 2011

MPRP officials comment on state of politics

Mongolian People’s Revolutionary Party (MPRP) Chairman N.Enkhbayar and Secretary General N.Udval held a press conference on Tuesday to outline the party’s positions on several issues.

Foreign Affairs Ministry organizes anniversary events

The Ministry of Foreign Affairs and Trade is organizing events marking the 50th anniversary of Mongolia’s membership in the United Nations.

Standing committee discusses draft laws

The Standing Committee on Justice discussed draft laws on the regulation of public officials and on anti-corruption on Tuesday. The members decided the issues should be discussed by a working group.

President meets with Prince Andrew

President Ts.Elbegdorj met with the Duke of York, Prince Andrew, at Buckingham Palace on Tuesday during his visit to the United Kingdom.

If Mongolians don’t receive 59 percent of the profit of Oyu Tolgoi, we will take responsibility

On the 24th of October, Finance Minister S.Bayartsogt presented the documents and decisions that were made at the level of State Great Khural and the Government to journalists regarding the profit of Oyu Tolgoi.

Lending Crisis Stokes Fears of ‘China Economic Model’ Collapse

China’s distorted economic model is to blame for the lending crisis faced by privately owned businesses, that has hit several Chinese cities, including the wealthy city of Ordos, and Wenzhou, the eastern entrepreneurial hub, according to leading Chinese economists.

Citizens’ savings increase

According to Mongol Bank, the total savings of Mongolians have increased by 3.6 percent in October compared to the previous month, and by 61.9 percent compared to October 2011.

Scholars discuss nature and environment of Ulaanbaatar

Ulaanbaatar Nature Protection Office and the Ecology Technology Development School are jointly organizing a research conference on Wednesday.

Woman in Silence

Munkhtsetseg Jalkhaajav is one of the most famous female Mongolian painters. Her characters are women, especially herself.

Good after the last drop

Stacking up vodka bottles is not usually an indicator of good lifestyle choices. That is until last summer, when a group of University students traveled to the Mongolian countryside to build a greenhouse out of the discarded glassware.

Mongolia has feasibility to raise fund in international market

The Democratic Party organizes serial discussion on economics development and the second discussion was held in the Government House on Tuesday.

Mongolia needs coal deal in 3 mths to ensure IPO goes ahead - MP

HONG KONG Oct 26 (Reuters) - A contentious investment agreement on Mongolia's huge Tavan Tolgoi coal deposit needs to be completed within three months to ensure that a much-heralded initial public offering for the project goes ahead on time, a legislator told Reuters on Wednesday.

The Speaker pays visit to a power plant in Darkhan

Speaker D.Demberel, the heads of the Standing Committees on State Structure and on Budget paid visit to a power plant in Darkhan.

Mongol Bank increases policy rate

The officials of the Mongol Bank announced press conference on Tuesday and informed about increase of policy rate.

GARBAGE RECYCLING PLANT OPENS

Ulaanbaatar, Mongolia /MONTSAME/ The garbage recycling plant, costing 3.5 million US dollars, came into service at centralized rubbish point in “Narangiin enger” in the UB city's Songinokhairkhan district.

MONGOLIA TO CELEBRATE 50TH ANNIVERSARY OF JOINING UN

Ulaanbaatar, Mongolia /MONTSAME/ The Ministry of Foreign Affairs is to run several actions dedicated to the 50th anniversary of Mongolia's joining the UN.

DEFENSE MINISTER VISITS TURKEY

Ulaanbaatar, Mongolia /MONTSAME/ The Defense Minister of Mongolia L.Bold has shared views with his Turkish counterpart Ismet Yilmaz on widening of the bilateral cooperation in the defense and on assistance from Turkey to a reform in Mongolia's Armed Forces.

Minister for Finance reports on Oyu Tolgoi agreement

Yesterday, Finance Minister S.Bayartsogt informed journalists about Oyutolgoi issue on Monday.

BHP says China can sustain growth, Roubini sees ‘hard landing’

The Chinese economy would continue to grow by between 7% and 8% in the foreseeable future, without any major changes to its economic model, the world’s largest diversified miner said on Tuesday.

Mongolia becomes middle-income country: WB and IMF

ULAN BATOR, Oct. 25 (Xinhua) -- Mongolia has officially become a middle-income country, according to a World Bank and International Monetary Fund evaluation cited by local media Tuesday.

The World Has Come to Our Backyard

Immanuel Lutheran Church has opened its Connections Café to Lindenwood students. It’s part of the outreach and international relations ministry the vicar and volunteers are building.

700-Year-Old Mongolian Shipwreck Discovered in Japan

(CNN) -- A big discovery off the coast of Kyushu, Japan.

Vast business and investment opportunities in Mongolia

Chinggis Khan has been gone for centuries, but his spirit undoubtedly lives on in Mongolia. Empire-building is in the cultural DNA here.

Tuesday, October 25, 2011

MPP, DP caucuses to discuss election structure

The MPP caucus in Parliament discussed the DP caucus’s election proposal and decided to discuss the issue with the DP caucus again.

MPP caucus discuses the MPs demand

MPP caucus at Parliament discussed nine MPs’ demand of Prime Minister’s resignation on Monday because four of whom are from the MPP caucus.

MPP caucus holds its position on election structure

At a meeting of the MPP caucus at Parliament on Monday, the MPs discussed a draft law on election.

The President meets with David Cameron

Paying visit to the United Kingdom, President Ts.Elbegdorj met with UK Prime Minister David Cameron on Monday.

DRAFT LAWS AND DECISIONS SUBMITTED TO SPEAKER

Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Road, Transportation, Construction and Urban Development Kh.Battulga submitted on Monday draft law on approving a middle-term targeted program called "The New Great Construction" and a list of other draft decisions of parliament.

Civil movements join to a new union

Pledge Demanding Union, civil movements Mongolian Land, Drastic Renovation and National Khas, NGO “To serve for Mongolia’s security” and Independence Group informed to join to a new union on Tuesday.

The Increasing Geopolitical Risks Of Mining

High grade gold deposits in politically safe jurisdictions with supportive local governments, educated work forces, and convenient access to developed capital markets are often difficult to find today when everything that was easy to pull out of the ground has already been pulled out.

Global Economy Woes Dim Forecasts for China’s Copper Demand

The debt crisis in Europe as well as the struggling economy in the United States may cloud the prospect of China’s demand for copper, which is usually regarded as an important indicator for global copper market prices, a recent Reuters poll shows.Global consumption may decline

Mongolian Netizens Rally for Protest Amid Rising Tension

As the Chinese authorities in the Uushin Banner of Ordos Municipality, Southern (Inner) Mongolia, are increasingly nervous about the death of Mr. Zorigt (another Mongolian herder killed by a Chinese fuel truck on October 20, 2011 when defending his grazing land), Mongolian netizens quickly rallied through social media to call for a large-scale protest similar to the ones sparked by the brutal killing of Mr. Mergen in early May.

Molycorp and Rare Element Resources to Share Burden of Global Rare Earth Production

NEW YORK, NY--(Marketwire -10/21/11)- North American rare earth explorers are expected to get a boost going forward as China loosens its control on the sector.

GASR delegation visits UK counterparts

A delegation from Mongolia’s General Authority for State Registration (GASR) visited the agencies that register businesses and land in the United Kingdom on October 18 and 19.

"METALS MONGOLIA 2011" FORUM APPROACHES

A “Metals Mongolia 2011” international forum of mining and metallurgy investments will take place November 3-4.

International conference “Oil and Gas” to be held

The Government is organizing an international conference “Oil and Gas” on November 1 with the aim of introduction of Mongolian oil exploration and exploitation, project of oil refinery and factory of fuel extraction from coal to domestic and foreign investors.

Mongolia tallies its rivers and lakes

A census of Mongolia’s rivers, lakes, wells, and springs has been completed. It was undertaken by officials from the Water Board, Ulaanbaatar Nature Protection Office, and district governors’ offices, under the direction of the National Security Council. The law on water requires such a census every four years.

GRAVE FOUND, MAY BE OF HUN KING

Ulaanbaatar, Mongolia /MONTSAME/ An aristocrat's grave of Hunnic empire has been found in Khairkhan soum of Arkhangai aimag.

NEW PARTY REGISTERED

Ulaanbaatar, Mongolia /MONTSAME/ A new political party named "All Mongols labour" has been registered by the Supreme Court.

"METALS MONGOLIA 2011" FORUM APPROACHES

Ulaanbaatar, Mongolia /MONTSAME/ A “Metals Mongolia 2011” international forum of mining and metallurgy investments will take place November 3-4.

PREMIER MEETS JAPAN'S AMBASSADOR

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister of Mongolia S.Batbold has promised Mr. Takenori Shimezu a support.

Move to hike tariff on imported wheat advances

Parliament on Friday discussed the 27th protocol, which deals with tariffs on imported goods, and the MPs approved further discussion of a measure to increase the tariff on imported wheat by 40 percent.

China Sept coal imports set record at 19.1Mt

China’s September coal imports rose 15.3% from the previous month to a record 19.1-million tons, shipping in from as far as Colombia as utilities gear up for domestic supply disruptions, official customs data showed on Monday.

Industrial Metals Soar Most in Three Years on European Talks, China Demand

Industrial metals in London jumped the most in three years, led by copper and nickel, as European governments moved closer to containing the region’s debt crisis and manufacturing rebounded in China, the world’s top consumer.

Protesting herder killed by truck in Inner Mongolia

A herder in northern China’s Inner Mongolia who had been protesting destruction of traditional grazing land has died after being hit by an oil transport truck, an overseas rights group said yesterday.

Speaker attends refinery groundbreaking in Darkhan-Uul

The Government says the refinery will supply most of Mongolia’s domestic fuel needs, decreasing reliance on foreign imports.

Ivanhoe Mines Calls Lure Traders Speculating on Buyout: Options

Ivanhoe Mines Ltd.’s options show investors are becoming more convinced the copper and gold explorer will be a takeover candidate by March.

The worst you can do in this country is make 28%

“As rich as a Mongolian.” Get used to hearing that expression, because it will have entered our lexicon in 10-years time. I’ll explain–

Mongolia: An Economic Boom Investment Guide

Mongolia is a country with 3.1 million people under a parliamentary government sandwiched geographically between Russia and China.

Monday, October 24, 2011

Standing committees will discuss PM resignation issue

Nine MPs submitted to Parliament a note demanding the resignation of Prime Minister S.Batbold last Thursday.

CW-GP opposes SSC decision D.Enkhbat still won’t return GP seal

Members and supporters of the Civil Will-Green Party (CW-GP) on Monday expressed their opposition to the recent decision of the State Supreme Court (SSC) to officially register the Green Party (GP).

DP youth support proportional election system

The Democratic Youth Union (DYU) organized its third conference last week, with 80 young people from Ulaanbaatar and aimags attending.

B.Bat-Erdene explains why he wants the PM to resign

MP B.Bat-Erdene answered our correspondent’s questions relating to his demand that Prime Minister S.Batbold resign.

MONGOLIA-UK BUSINESS FORUM HELD

Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador of Mongolia to the United Kingdom of Great Britain and Northern Ireland Mr. B.Altangerel has expressed his satisfaction with an intensive development of the Mongolia-Britain cooperation in trade and economic fields.

AMBASSADOR J.ENKHSAIKHAN TO CHAIR PREPARATORY COMMISSION

Ulaanbaatar, Mongolia /MONTSAME/ The "A" working group of the Preparatory Commission for the Comprehensive Nuclear-Test-Ban Treaty Organization (CNBTO) will be chaired by J.Enkhsaikhan, the Ambassador of Mongolia to Austria and the Permanent Representative of Mongolia to the UN organizations in Vienna, in the year 2012.

MONGOLIA ESTABLISHES DIPLOMATIC TIES WITH HONDURAS

Ulaanbaatar, Mongolia /MONTSAME/ Mongolia established the diplomatic relations with Republic of Honduras and signed the official statement on October 19 in New-York, the USA.

Mongolian Mines Are Open for Business, But Just Who’s Making the Money?

Mongolia’s resource riches are bringing it new attention. While activity in the extractive industries is creating a spike in government revenue, extreme winters are killing livestock and driving nomadic peoples into the slums of Ulan Bator.

Move to hike tariff on imported wheat advances

Parliament on Friday discussed the 27th protocol, which deals with tariffs on imported goods, and the MPs approved further discussion of a measure to increase the tariff on imported wheat by 40 percent.

MONGOLIA AND UK: REGISTRATION BODIES TO COOPERATE

Led by a head of General authority for State registration L.Monkhbayar, a Mongolian delegation have met representatives of Company formation and of Land registration of Great Britain.

Speaker attends refinery groundbreaking in Darkhan-Uul

The Government says the refinery will supply most of Mongolia’s domestic fuel needs, decreasing reliance on foreign imports.

The Factors of Chinese Direct Investment in Mongolia

Today, with the development of economic integration in the world, regional economic is developing rapidly.

Big recovery Friday in copper and other base metals

Copper ended a volatile week on firmer footing Friday, rallying 6 percent in its largest one-day advance since early 2010, as opportunistic buyers stepped up purchases on the eve of a European Union debt-crisis summit.

Mongolia Opens Doors for Foreign Investment

ULAN BATOR: Mongolia’s resource riches are bringing it new attention. While activity in the extractive industries is creating a spike in government revenue, extreme winters are killing livestock and driving nomadic peoples into the slums of Ulan Bator.

Voyager Resources hits 46m at 1.1% copper at KM Project in Mongolia

Voyager Resources (ASX: VOR) has unveiled another discovery at its KM Copper Porphyry Project in the South Gobi Region of southern Mongolia, with results including 46 metres at 1.1% copper and 14.1 grams per tonne (g/t) silver from 16 metres.

Croatia - President Josipović received Mongolian President Tsakhiagiin Elbegdorj (HINA)

Croatia and Mongolia so far have not cooperated as much as they could and should have, but with our EU membership and Mongolia's orientation towards Europe, the two countries can be a reliable partner to each other, Croatian President Ivo Josipovic said after the talks with his Mongolian counterpart Tsakhia Elbegdorj.

General Mining Corporation builds up to coal exploration in Mongolia

General Mining Corporation (ASX: GMM) is progressing towards exploration at its thermal coal projects in Mongolia’s Uvs Basin.

Mongolia, Turkey to cooperate on military issues

A Mongolian delegation headed by Defense Minister L.Bold paid an official visit to Turkey from October 19 to 21 at the invitation of Turkish Defense Minister Ismet Yilmaz.

S.Ganbaatar to join “Occupy Wall Street” movement

S.Ganbaatar, the president of Mongolia’s Confederation of Trade Unions (CTU), said the CTU is joining the growing “Occupy Wall Street” movement now underway in cities around the world.

SSC registers the Labor Party of All Mongolia

The State Supreme Court (SSC) discussed the registration of the Labor Party of All Mongolia on Friday.

MINERAL RESOURCE MINISTER MEETS UNDP ADMINISTRATOR

Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the Minister of Mineral Resources and Energy D.Zorigt exchanged views with Mrs. Helen Clark, the United Nations Development Programme (UNDP) Administrator.

Mongolia and Italy make strides toward a stronger relationship

Due to the visit of President Ts.Elbegdorj, Mongolian Ministry of Foreign Affairs (MMFA) G.Zandanshatar made communiqué with Italian Ministry of Foreign Affairs (IMFA) Franco Frattini.

Natural resource boom in Mongolia an opportunity to alleviate poverty – UN official

21 October 2011 – The recent economic growth in Mongolia due to a boom in its mining sector represents an opportunity to reduce poverty in the country, the United Nations development chief Helen Clark said, encouraging the Government to implement long-term sustainable policies that will increase prosperity for all of its citizens.

Friday, October 21, 2011

Proposal would partially privative state-owned utilities

On Thursday, Parliament discussed an amendment to the energy law passed in 2001. Members approved further discussion.

AMBASSADOR OF BRAZIL VISITED MONGOLIA

Ulaanbaatar, Mongolia /MONTSAME/ Extraordinary and Plenipotentiary Ambassador of Brazil to Beijing and charge d'affaires to to Mongolia Mr. Clodoaldo Hugueney Filho paid an official visit to Ulaanbaatar October 15-19.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet backed in principle a draft law on freedom of media which was initiated by the President Ts.Elbegdorj.

MONGOLIA-CROATIA JOINT STATEMENT RELEASED

Ulaanbaatar, Mongolia /MONTSAME/ At the invitation of Mr. Ivo Josipovic, the President of the Republic of Croatia, the State Head of Mongolia Ts. Elbegdorj paid a state visit to the Republic of Croatia on 19-20 October 2011, said a joint statement released on Thursday.

MINERAL RESOURCE MINISTER MEETS UNDP ADMINISTRATOR

Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the Minister of Mineral Resources and Energy D.Zorigt exchanged views with Mrs. Helen Clark, the United Nations Development Programme (UNDP) Administrator.

EXPANDED TALKS HELD BETWEEN MONGOLIAN AND CROATIAN PRESIDENTS

Ulaanbaatar, Mongolia /MONTSAME/ The State Head Ts.Elbegdorj emphasized that his visit to Croatia is contributing to widening of the bilateral relations and cooperation.

Mongolia establishes diplomatic ties with three countries

The Ministry of Foreign Affairs and Trade formally established diplomatic relations with Saint Vincent and the Grenadines, the Solomon Islands, and the Republic of Nauru in a signing ceremony in New York on October 13.

The Urban Clan of Genghis Khan

An influx of nomads has turned the Mongolian capital upside down.

600 Mongolians fail health exam, barred from working in S. Korea

Officials say 5,154 Mongolian citizens seeking employment in South Korea passed a Korean language examination in September.

HELEN CLARK'S REMARKS ON 50TH ANNIVERSARY

The UNDP Administrator Ms Helen Clark has said she knows "how dearly Mongolia values the UN membership, and I am very honoured to be visiting this country at such a special time".

Another country to appease — North Korea now

The Obama administration never tires of trying to curry favor with despotic regimes. They’ve tried soothing words and unilateral gestures with China, Iran, Russia, and Cuba.

Steeling for more commodities volatility

Remember when Vale and BHP, two of the world’s biggest iron ore miners, changed their pricing contract methods with China and Japan?

UNDP chief wraps up visit to Mongolia

UNITED NATIONS, Oct. 20 (Xinhua) -- United Nations Development Program (UNDP) Administrator Helen Clark on Thursday wrapped up a three-day visit to Mongolia, noting that the revenue generated from the Asian country's abundant natural resources should benefit all of its citizens, UN spokesman Martin Nesirky said at a daily news briefing here.

No time for horsing around at Inter

MILAN, Oct 20 (Reuters) - Mongolia president Tsakhia Elbegdorj talked of Genghis Khan and his country's famous horses during a visit to Inter Milan this week but coach Claudio Ranieri will have more mundane things on his mind against Chievo on Sunday (1300 GMT).

Mongolians celebrate vote for independence

In 20th of October in front of Mongolian National University was a large crowd of people but not students.

Australian doctors developing Mongolia's anaesthesia training

Eleven years ago, Australian doctor David Pescod made his first visit to Mongolia to attend an anaesthesia conference.

New Mongolian citizens take oath

Yesterday outstanding students from secondary schools in Sukhbaatar district took a civil oath and received passports.

Mongolia and Italy make strides toward a stronger relationship

Due to the visit of President Ts.Elbegdorj, Mongolian Ministry of Foreign Affairs (MMFA) G.Zandanshatar made communiqué with Italian Ministry of Foreign Affairs (IMFA) Franco Frattini.

Chinalco to buy 45 mln T of Mongolian coking coal

SHANGHAI Oct 21 (Reuters) - Aluminum Corp of China Ltd (Chinalco) , the country's top aluminium producer, will buy 15 million tonnes of coking coal per year from Mongolia's Tavan Tolgoi mine over the next three years, it said in a statement seen on Friday.

Mongolian court orders govt to enforce mining ban

ULAN BATOR Oct 21 (Reuters) - Mongolia's Supreme Court has ordered the government to enforce a ban on mining in river and forest areas following an appeal submitted by activists who said the country's fragile environment was threatened by reckless mining.

UAF and U.S. ambassador to Mongolia connect through common interests Read more: Fairbanks Daily News-Miner - UAF and U S ambassador to Mongolia connect through common interests

FAIRBANKS — The U.S. ambassador to Mongolia spent Wednesday touring Fairbanks, working to forge relationships between two areas he said have a surprising amount in common.

Frontier Securities Mongolia Expert Series: Hong Kong Provides International Listing and Fund-Raising Platform for Mongolia

Ulaanbaatar, Oct 18, 2011 (ABN Newswire) - Eric Landheer, Senior Vice President and Head of Issuer Marketing, Hong Kong Exchange and Clearing Limited (HKG:0388), told the audience about the advantages of listing Mongolian companies in Hong Kong and further introduced the new rules for the listing of mineral and exploration companies.

Move One Logistics Open New Freight Offices in Asia

AFGHANISTAN / IRAQ / MONGOLIA – Specialist freight service providers Move One Logistics have announced the opening of three new facilities in Asia to help provide their customers with improved services in some of the most difficult operating regions on Earth.

UR to host free screening of documentary ‘Babies’ on Oct. 25

The University of Rochester’s Warner School of Education is sponsoring a public showing of the documentary film “Babies” on Oct. 25 at the River Campus' Hoyt Auditorium.

Chinalco to Import Mongolian Coking Coal; ICBC Leasing Orders 45 Chinese-Made Jets

Aluminum Corporation of China Ltd (NYSE: ACH, SHA: 601600, HKG: 2600), also known as Chinalco, said it plans to import 15 million tons of coking coal annually from Mongolia's Tavan Tolgoi mine in the next three years to ease strained domestic supply.

Prophecy Coal (TSX:PCY) Begins Trading on Toronto Stock Exchange - Video Summary of Company Posted on www.InvestmentPitch.com

Vancouver, British Columbia, October 20, 2011 - Prophecy Coal (TSX:PCY) is one of the latest new listings on the Toronto Stock Exchange, having graduated from the TSX Venture Exchange.

Mongolia’s Economic Miracle, Revisited

We’ve covered Mongolia’s remarkable economic rise before, but some extraordinary new figures justify a fresh look.

Germany Looks to Mongolia to Secure Energy Future

Last Thursday, German Chancellor Angela Merkel signed a resource trade agreement with her Mongolian counterpart in the Mongolian capital of Ulaanbaatar.

Major Chinese rare earths supplier announces one-month production halt to boost prices

BEIJING — China’s biggest producer of rare earths is suspending production for one month in hopes of boosting slumping prices of the exotic minerals used in mobile phones and other high-tech products.