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Showing posts from May, 2012

Legal framework to comply with business

The legal forum “Fostering Inclusive Economic Growth Through Legal Reform” started its second day with the round-table discussion under the theme “Public Private Partnership”.

STATE SECRETARY RECEIVES RANJIT UYANGODA

Ulaanbaatar, Mongolia /MONTSAME/ The State secretary of the Ministry of Foreign affairs, B.Batkhishig received Non-Resident Ambassador of the Democratic Socialist Republic of Sri Lanka to Mongolia Mr. Ranjit Uyangoda on May 31.

PREMIER AT CLOSING CEREMONY OF SPORTS GAMES

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold has said the 13th Sports Games of Mongolia was a test for Mongolian Olympic sportsmen.

DEPUTY PREMIER MEETS JAPANESE DELEGATION

Ulaanbaatar, Mongolia /MONTSAME/ The Deputy Premier M.Enkhbold hopes that the Prime Minister of Japan Mr. Yoshihiko Noda will visit Mongolia on occasion of the 40th anniversary of the Mongolia-Japan diplomatic relations celebrated this year.

OSCE LEADERS TO VISIT

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Ulaanbaatar, Mongolia /MONTSAME/ A delegation of the Organization for Security and Co-operation in Europe (OSCE) headed by Mr. Lamberto Zannier, the OSCE Secretary-General, and Eoin Oleary, a head of the permanent mission of the Republic of Ireland that is serving as the OSCE chairperson, will pay a working visit to Mongolia on June 3-6.

TALKS ON ECONOMIC PARTNERSHIP AGREEMENT TO LAUCH SOON

Ulaanbaatar, Mongolia /MONTSAME/ A first negotiation for establishing the Economic partnership agreement between Mongolia and Japan will take place on June 4-7 in Ulaanbaatar.

PREMIER GIVES OBLIGATIONS TO ITS CABINET

Ulaanbaatar, Mongolia /MONTSAME/ At a regular cabinet meeting on Wednesday, the Prime Minister cautioned several high bodies against interrupting the Government's works due to the two elections.

ABOUT LAW ON BANNING MINERAL EXTRACTION

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Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet members got acquainted with an implementation course of the law on banning mineral exploration and exploitation on and near riverheads, reserved areas with ponds, and with forests.

B.BATKHISHIG RECEIVED AMBASSADOR OF AZERBAIJAN

Ulaanbaatar, Mongolia /MONTSAME/ The State secretary of the Ministry of Foreign affairs, B.Batkhishig received the Ambassador Extraordinary and Plenipotentiary of Republic of Azerbaijan to Mongolia Mr. Latif Seif Addin.

Inner Mongolia showcase arts, culture in Vienna

VIENNA, May 31 (Xinhua) -- People in Vienna were treated to a unique cultural showcase by the renowned Wulanmuqi ensemble from Inner Mongolia's Alashan region on Wednesday and Thursday.

Is Mongolia Part of China?

Officially: No, Mongolia is not a part of China.

Mongolia Energy Corp : Change of Senior Executives

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Milbank Mentioned in The Lawyer for the Largest M&A Deal in Mongolia between 2009 and 2012

HONG KONG, May 30, 2012 (Milbank) - Milbank, Tweed, Hadley & McCloy LLP was mentioned in The Lawyer for the largest M&A deal in the Mongolian market between 2009 and 2012.

Mongolia seeks economic growth through legal reform

ULAN BATOR, May 29 (Xinhua) -- President Tsakhia Elbegdorj discussed corruption and other issues Tuesday during a forum called to generate ideas for creating a legal environment that will promote economic growth in Mongolia.

Early Speculation about Likely Election Outcomes

[The notes below are based on conversations I've been having with Byambajav Dalaibuyan, Mendee Jargalsaikhan and Tsogtbaatar Byambaa. All foolish conclusions are mine, of course.]

BCM: 2012 Parliamentary Election Candidates

Dear BCM Members,

Interesting Mining Project out of Vancouver aimed at Domestic Consumption not China

May 28 (Mongolia Today Blog) As Ivanhoe Mines/Robert Friedland is slowly pushed out of Mongolia, the commercial relationship between Canada and Mongolia is likely to shrink.

Fitch affirms Aluminum Corporation of China at 'BBB+'/stable

May 28 (Fitch Ratings) - Fitch Ratings has affirmed Aluminum Corporation of China Limited's (Chalco) Long-Term Foreign Currency (FC) Issuer Default Rating (IDR) at 'BBB+' with Stable Outlook and Long-Term Local Currency (LC) IDR at 'A-' with Negative Outlook. The Short-Term FC and LC IDRs have been affirmed at 'F2'.

China Imported 111 Thousand Tonnes of Crude Oil From Mongolia in 2012 At $875/t

BEIJING, May 21 (Reuters) - The following table shows China's crude oil imports and exports as well as countries of origin and destination in April 2012, as provided by the General Administration of Customs of China.                                                    Apr                                  Year to date                                     tonnes      pct chg*      $/tonne           tonnes      pct chg*  IMPORT                                                       Crude oil                 22,262,307         3.34        901.44       92,870,435         9.32     From:                                                                  Saudi Arabia            4,379,589        14.03        909.98       18,663,003        14.01      Angola                  3,778,101        41.23         922.6       13,302,964        23.88      Russia                  1,841,994        20.25        931.61        9,013,484        64.38      Iran                    1,594,662       -2

MFAT's English translation of the Law on the Regulation of Foreign Investment in Entities Operating in Strategic Sectors

May 30 (BCM) Please click here to see the MFAT's English Translation of the Law on the Regulation of Foreign Investment in Entities Operating in Strategic Sectors.

2500 Mongolians in abroad ready to vote

Registration of Mongolians who to vote for parliamentary election on June 28 closed yesterday.

Mongol deel to perform at UNESCO headquarter

The fourth session of the General Assembly of the States Parties to the Convention for the Safeguarding of the Intangible Cultural Heritage will take place from 4 to 8 June 2012 at UNESCO Headquarters, in Paris.

S. Korea, Mongolia agree to streamline visa process

SEOUL, May 31 (Yonhap) -- South Korea and Mongolia signed an agreement Thursday to streamline the visa process for each other's citizens in a bid to boost people-to-people exchanges and economic cooperation between them, officials said.

Investigation launched into origin of disputed tyrannosaur

The government of Mongolia and the auction house that conditionally sold a tyrannosaur skeleton are collaborating on an investigation into whether or not the fossils were taken illegally from that country.

Canasta savors Mongolian music trek as ‘indie-rock ambassadors’

Somewhere in the vacation slides of Canasta’s trip to Mongolia, there’s a small epiphany.

Mongolia: Caught between democratization and Rio Tinto

Not much is heard about Mongolia, a country north of Indonesia, so far north that when I was a child I thought it was the closest place on earth to the abode of the heavenly Gods and a place where nomadic herdsmen rode on horses at lightning speed conquering the vast empty steppes.

International forum on economy held

International forum titled “Productive growth of economy and legal reform” held on May 29-30, in Ikh Tenger, in Ulaanbaatar.

The Cabinet meeting announces price of TT share

The Cabinet meeting of Mongolia which held on Wednesday decided share price of Erdenes Tavantolgoi will be MNT 933.

LANDS OF 22.8 THOUSAND HECTARES TO BE OWNED

Ulaanbaatar, Mongolia /MONTSAME/ This year, some 23 thousand hectares will be owned by people.

B.BAATARZORIG MEETS REPS OF TAIPEI

Ulaanbaatar, Mongolia /MONTSAME/ A Vice Mayor of Ulaanbaatar, B.Baatarzorig received the representatives of Taipei, Taiwan, on May 30.

B.BATKHISHIG CONGRATULATES PEACEKEEPERS

Ulaanbaatar, Mongolia /MONTSAME/ The State Secretary of the Ministry of Foreign Affairs B.Batkhishig has congratulated the Mongolian peacekeepers on occasion of the 10th anniversary of Mongolia's UN peacekeeping and the International Day of UN Peacekeepers celebrated on May 29.

STATE SECRETARY MEETS AMBASSADORS

Ulaanbaatar, Mongolia /MONTSAME/ The State Secretary of Ministry of Foreign Affairs B.Batkhishig received on Wednesday Mr. Obiols, the Non-Resident Ambassador of the Kingdom of Spain to Mongolia who has recently presented his diplomatic credentials to the State Head.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday did not back a draft amendment to the law on social welfare for elders, drawn up by D.Ochirbat MP.

BAN KI-MOON GREETS MONGOLIAN PEACEKEEPERS

Ulaanbaatar, Mongolia /MONTSAME/ The Secretary-General of the United Nations (UN) Ban Ki-moon has delivered a message to salute the Mongolian peacekeepers on occasion of the 10th anniversary of Mongolia's participation in the UN peacekeeping operations.

PALACE FOR TEACHERS OPENS

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold addressed an opening ceremony of the Teachers' Development Palace on Wednesday.

CA confirms appointment of new PHL envoy to China, 6 other ambassadors

Amid the Philippines-China territorial row in the Panatag Shoal, the bicameral Commission on Appointments on Wednesday confirmed the appointment of the new Philippine ambassador to Beijing, along with six other envoys to various foreign posts.

Sword Fighting with Neal Stephenson and His Mongoliad Co-Authors

It's not even 10:30 in the morning, and I'm already holding an archaic deadly weapon in my hands.

Controversial Mongolian Tarbosaurus auction sheds light on dinosaur black market

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A Tarbosaurus from Mongolia (L) is seen next to the world's largest Tyrannosaurus Rex, named Sue, is seen at the Dinosaur Expo 2005 after it's assembly was completed at the National Science Museum on March 16, 2005 in Tokyo, Japan.

Post-Mongolia, Chicago's Canasta celebrates 10 years

Somewhere in the vacation slides of Canasta 's trip to Mongolia, there's a small epiphany.

An empire's downfall

Conn Iggulden's Conqueror isn't the kind of plot many would find easy to follow; mainly because of its connection with the history of Mongolia.

Mongolia Growth Group Ltd. Announces Private Placement Offering

Not for distribution to U.S. newswire services or for dissemination in the United States

Kirkcudbright pupils continue to raise funds for Mongolia trip

In October this year, 32 students from Kirkcudbright Academy, including Mairi Fisher form Spittal Farm, Creetown, will be going on an amazing expedition to Mongolia.

Erdene Drilling Continues to Expand Altan Nar Gold Discovery

HALIFAX, NOVA SCOTIA, May 30, 2012 (MARKETWIRE via COMTEX) -- Erdene Resource Development Corp. ("Erdene" or "Company") CA:ERD -3.45% , is pleased to announce results from drilling and surface prospecting at the Company's 100% owned Altan Nar (Golden Sun) property in southwest Mongolia.

Steady: Mongolia is not yet the new Qatar

Kuwait 1950. Abu Dhabi 1970. Qatar 1995. Mongolia 2012? Mongolia, endowed with vast resources and growing at 17 per cent, has a gold-rush atmosphere.

Sacha’s Inspirational Journey

Sacha is 13 years old. He has a genetic disorder, Williams-Beuren syndrome, that causes developmental delay, cardiovascular issues and learning difficulties.

Impending Resource Depletion Ahead: But We Are Intelligent

Since the beginning of time, human beings have used and consumed natural resources at their own will for their survival and desires.

Over Forty-Thousand Companies Entitled to 10 percent of Erdenes Tavan Tolgoi Stocks

The following is an interview with S. Tuul, head of the Taxation Office of the General Department of Taxation (GDT).

Report on four years worth of projects in UB released

The Mongolian government has announced the works and establishments that were undertaken from 2008 to 2011 by the Capital City Administration.

Mongolian Conquers Roof of the World During Deadly Everest Week

The International rank Master of Sports, S.Bat-Erdene, who successfully climbed the roof of the world, arrived in Ulaanbaatar yesterday morning.

Electronic Replacement ID Card Printing Started

The Parliament of Mongolia resolved to issue new electronic ID cards to residents who lost their ID cards prior the Parliamentary and Capital City Representative Khural (City Council) Elections June 28th and who holds a reference to receive the new card.

J.Amarsanaa elects as head of CC of Mongolia

The Constitutional Court (CC) elected a new head. Jugnee Amarsanaa elected by majority vote of the Constitutional Court members.

INDIAN SPECIALISTS AND STEEL INDUSTRY

Ulaanbaatar, Mongolia /MONTSAME/ Indian specialists will arrive in June to launch a consrtruction of the steel industry.

"SPACE TECHNOLOGY EXHIBITION-FORUM" RUNS

Ulaanbaatar, Mongolia /MONTSAME/ Dedicated to the 40th anniversary of diplomatic ties establishment between Mongolia and Japan, the “Space technology exhibition-forum” is running on May 29-30 in Ulaanbaatar.

"CAREC 2020" NAT'L SEMINAR RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The “CAREC 2020” national seminar will run on May 31 in Ulaanbaatar.

B.BATKHISHIG CONGRATULATES PEACEKEEPERS

Ulaanbaatar, Mongolia /MONTSAME/ The State Secretary of the Ministry of Foreign Affairs B.Batkhishig has congratulated the Mongolian peacekeepers on occasion of the 10th anniversary of Mongolia's UN peacekeeping and the International Day of UN Peacekeepers celebrated on May 29.

Japanese artists to exhibit in Mongolia

Tsagaandarium Gallery assistant director, Ts.Gerelmaa, has introduced a new exhibition that opens at the end of May:

The demise of nomadic culture

The Mongols have lived with nomadic culture since the Hunnu Empire. For aeons the main livelihood of Mongolian nomads were their domestic animals.

Labour, Water and Development

Two of the potentially most contentious resources related to development are labor and water.

D.Altankhuyag: To contribute to Mongolian ballet I’ve invited “Komaki Ballet” to perform

Below is an interview with principal dancer of the ‘Boston Ballet’ Company, the State Honoured Artist D.Altankhuyag. He is about to perform in Mongolia with Japanese artists of the ‘Komaki Ballet’ Company.

Aspire Mining establishes coking coal reserve in Mongolia

Aspire Mining has found a maiden 178 million ton (Mt) open pit coal reserve for its Ovoot coking coal project in northern Mongolia.

Mongolia Willing To Rethink New Foreign Investment Law -Report

Mongolia is willing to reopen negotiations on a controversial foreign investment law after next month's parliamentary elections, the Financial Times reports Wednesday, citing Mongolia's president.

“Mongolia’s border looked like a defenseless ger district area” states D.Batzorig

D.Batzorig, Secretary of the Automobile Division of the Mongolian Automobile Motorcycle Sports Federation, auto sports sub master spoke to the Udriin Sonin Newspaper about his tour “Bi Mongol-2012” (I am Mongolian-2012).

SouthGobi Resources Sees Higher Coal Exports On New China Gates

The opening of eight new border gates between Mongolia and China yesterday will “significantly increase” coal export capacity between the two nations, miner SouthGobi Resources Ltd. (SGQ) said in a statement today.

U.S. auction house to help Mongolia trace dinosaur's origin

DALLAS (Reuters) - Dallas-based Heritage Auctions on Tuesday agreed to help the Mongolian government investigate the ownership of a rare Tyrannosaurus bataar dinosaur skeleton that Mongolian officials say may have been smuggled from that country before it was auctioned in New York earlier this month.

Strange Bedrock Fellows: Auction House and Mongolian President to Cooperate in Fight Over Fossil

Nine days after an uncharacteristically exciting natural history sale , in which an auction of near-complete Tyrannosaurus bataar skeleton was forcibly interrupted by a lawyer over concerns that the bones had been looted from Mongolia, a partnership has been struck.

LAUREN TAKES FLIGHT WITH $800,000 BACKING

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LAUREN MCLEOD CLAIMS TO BE THE FIRST AUSTRALIAN TO CROSS MONGOLIA'S GOBI DESERT ENTIRELY ON FOOT, BUT ARGUABLY HER BIGGEST SUCCESS CAME AFTER HOTFOOTING IT TO SAN FRANCISCO WHERE HER STARTUP HAS JUST RAISED $800,000 AND BEEN ACCEPTED INTO THE MOST PRESTIGIOUS START-UP ACCELERATOR IN THE WORLD.

China Cultural Heritage Day with focus on Inner Mongolia

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The “intangible heritage of Inner Mongolia” will be at the center of attention at the celebration of the 7th annual China Cultural Heritage Day on June 9.

GENERAL ELECTION COMMISSION REPORTS

Ulaanbaatar, Mongolia /MONTSAME/ The General Election Commission (GEC) is registering independent candidates. 

SCIENTIFIC CONFERENCE ON LAW TO RUN

Ulaanbaatar, Mongolia /MONTSAME/ An international scientific conference themed "Legal concept: New attitude" will run on Wednesday in the National Law Institute (NLI).

LIST APPROVED OF CANDIDATES FROM DEMOCRATIC PARTY

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Ulaanbaatar, Mongolia /MONTSAME/ The Democratic Party (DP) has approved a list of candidates to run in the parliamentary elections through the proportional system.

Direct Liaisons On Injured Racers Perseverance For Charity Race To Mongolia

PRLog (Press Release) - May 29, 2012 - Direct Liaisons were surprised today by the story of Ben Bishop, 28, who faces a huge fitness fight if he’s going to get behind the wheel to take on a 10,000-mile adventure over mountains and across deserts.

S Korea FTC Orders Correction Of Unfair Practices On S Korea-Mongolia Route

SEOUL – South Korea's antitrust regulator said Monday it has ordered Korean Air Lines Co. (003490.SE) and Miat Mongolian Airlines to correct their unfair practices in which they have colluded since late 2005 to prevent competitors from entering the routes between South Korea and Mongolia.

Investigation Launched into Disputed Tyrannosaur's Origin

The government of Mongolia and the auction house that conditionally sold a tyrannosaur skeleton are collaborating on an investigation into whether or not the fossils were taken illegally from that country.

Bulgarian and Mongolian scientists to cooperate in making researches in Antarctica

Ulan Bator. The rector of Sofia University professor Ivan Ilchev and the director of the Bulgarian Antarctic Institute professor Hristo Pimpirev have signed a memorandum of cooperation with Mongolia in the area of education and science, announced the Bulgarian Antarctic Institute.

Heritage Auctions Working With Mongolia to Determine if Dinosaur it Sold is, in Fact, Mongolian

Update at 2:30 p.m.: Just got off the phone with Jim Halperin, Heritage Auction co-chairman who confirms that the Observer is a force for peace and good in the world and that it was indeed our blog post that prompted him to reach out to Painter.

UTM Complete Phase I Soil Sampling Program in Mongolia

ULAANBAATAR, MONGOLIA, May 29, 2012 (MARKETWIRE via COMTEX) -- Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (cnsx:UTM) is pleased to announce the completion of the latest phase of its exploration program on its wholly owned 9,620 hectare Under Tolgoi license in Mongolia.

Mongolia open to talks on investment law

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Mongolia is willing to reopen negotiations on a controversial foreign investment law after next month’s parliamentary elections, according to the country’s president.

PREMIER ATTENDS OPEN DOORS DAY OF CITY ADMINISTRATION

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold attended one of the open Doors day event within the “People's government--Together with people” last weekend on the Sukhbaatar square.

PRESIDENT RECEIVES DIPLOMATIC CREDENTIALS

Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj received on Tuesday diplomatic credentials from Eugenio Bregolat-Obiols, the Non-Resident Ambassador of the Kingdom of Spain; and Ranjit Uyangoda, the Non-Resident Ambassador of the Democratic Socialist Republic of Sri Lanka to Mongolia.

MONGOLIA-TAIWAN BUSINESS FORUM IS APPROACHING

Ulaanbaatar, Mongolia /MONTSAME/ Mongolia-Taiwan business forum will run on May 31 in Ulaanbaatar.

AMBASSADOR OF AZERBAIJAN PRESENTS CREDENTIALS

Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Republic of Azerbaijan, Mr. Latif Seif Addin presented his credential to the President of Mongolia Ts.Elbegdorj on May 29.

STATE HEAD MEETS PRESIDENT OF ICAO COUNCIL

Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the President Ts.Elbegdorj received Mr. Roberto Kobeh Gonzalez, president of the ICAO Council who is with a working visit to Mongolia.

HEALTH MINISTER RECEIVED BY WHO DIRECTOR-GENERAL

Ulaanbaatar, Mongolia /MONTSAME/ Within the 65th World Health Assembly that concluded Saturday, the Minister of Health N.Khurelbaatar was received by Dr. Margaret Chan, the Director-General of the World Health Organization (WHO).

INTERESTING MINING PROJECT OUT OF VANCOUVER AIMED AT DOMESTIC CONSUMPTION NOT CHINA/

As Ivanhoe Mines/Robert Friedland is slowly pushed out of Mongolia, the commercial relationship between Canada and Mongolia is likely to shrink.

Wine from the Gobi desert aims at booming market

WUHAI, China (Reuters) - As spring warms the sands of the Gobi desert in China's vast Inner Mongolia region, it's not just the local camels who are happy to see the end of a long, cold winter.

Direct Liaisons On Injured Racers Perseverance For Charity Race To Mongolia

PRLog (Press Release) - May 29, 2012 - Direct Liaisons were surprised today by the story of Ben Bishop, 28, who faces a huge fitness fight if he’s going to get behind the wheel to take on a 10,000-mile adventure over mountains and across deserts.

SouthGobi Resources Welcomes Opening of Expanded Border Crossing Infrastructure

HONG KONG, CHINA — SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) notes that eight new border gates exclusively for coal transportation opened at the Shivee Khuren-Ceke border crossing on May 28, 2012.

Gong Li to star in Tarsem Singh's Marco Polo project

EXCLUSIVE: English-language film produced by Gianni Nunnari and Endgame’s James Stern will be a US-China joint venture.

Mongolia: Future leader in sustainable development and green economic growth

Natural resources are depleting, and the depletion rate is speeding up with the fast growth of lower income countries, while the developed countries’ resource usage and environmental pollution levels are also increasing gradually. Resource constraints are threatening future growth. 

Aspire Mining update on Ovoot coking coal project in Mongolia

Aspire Mining has cemented its Ovoot Coking Coal Project as one of Mongolia's largest coking coal reserves with the delivery of a maiden 178 million tonne open pit coal Reserve.

MONGOLIAN PRESIDENT AND HERITAGE AUCTIONS COOPERATE ON INVESTIGATION OF TYRRANOSAURUS

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HIS EXCELLENCY ELBEGDORJ TSAKHIA, PRESIDENT OF MONGOLIA, AND HERITAGE AUCTIONS, INC. JOINTLY ANNOUNCE THEIR COOPERATION IN INVESTIGATING THE ORIGIN AND OWNERSHIP OF A RARE TYRANNOSAURUS BATAAR SKELETON THAT WAS PLACED FOR AUCTION IN NEW YORK CITY, ON MAY 20, 2012.

Mongolia enters as an observer

Mongolia is entered as an observer to the Euro-Asian group to combat against money laundering and terrorist financing, informed the Ministry of Foreign Affairs.

S Korea extends job tenure for EPS workers

South Korea has extended the job tenure of Employment Permit System (EPS) workers to 10 years and eight months.

Kuwaiti Ambassador meets Mongolian Prosecutor General

ULAANBAATAR, May 28 (KUNA) -- The Kuwaiti Ambassador to Mongolia Mubarak Mohammad Al-Sehaijan met the Prosecutor General Dambiyn Dorligjav here Monday, and also met theAssistant Prosecutor General Ganzorig Gombosuren.

Korean Air Says No Collusion On Incheon-Ulan Bator Route

SEOUL (Dow Jones Newswires) – Korean Air Lines Co. (003490.SE) said Tuesday it isn't involved in any collusion with Miat Mongolian Airlines on the Incheon-Ulan Bator route, refuting allegations by the South Korean antitrust regulator.

MRC Chairman Sells Shares

May 28 (Mogi) Change in Director’s Interest Notice released today by Mongolian Resource Corporation Limited (ASX: MUB ) reveals the company’s Non-Executive Chairman Mr. N. Jargalsaikhan sold 6.15 million shares indirectly held by a company he is benefactor of for a consideration of A$738,000 via an off market trade on 28 May, which translates to an average price per share of 12c. MUB last traded at 13c on 24 May.

MIG: SUSPENSION OF TRADING (pending announcement of substantial acquisition)

May 28, Mongolia Investment Group Limited (HK: 402 ) -- At the request of Mongolia Investment Group Limited (the “Company”), trading in the shares of the Company on The Stock Exchange of Hong Kong Limited has been suspended with effect from 9:00 a.m. on Monday, 28 May 2012 pending the issue of an announcement in relation to a very substantial acquisition of the Company.

THE DISTRIBUTION OF CASH CAUSES FOOD PRICE UP

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THE GOVERNMENT OF MONGOLIA STARTED TO DISTRIBUTE MNT 330.000 FOR ELDERS AND DISABLED PEOPLE SINCE LAST THURSDAY.

Wine from the Gobi desert aims at booming market

(Reuters) - As spring warms the sands of the Gobi desert in China's vast Inner Mongolia region, it's not just the local camels who are happy to see the end of a long, cold winter.

Mongolian Airlines Group implements Amadeus’ industry leading technology

· Mongolian Airlines Group is the latest airline to adopt the Amadeus suite of advanced technology solutions; Amadeus Altéa Customer Management Solution and Amadeus e-Retail online booking engine.

Korean Air, Mongolian Airlines Caught in Collusion

Korean Air has been caught by the Fair Trade Commission for obstructing rival Asiana Airlines from opening flights to Mongolia.

2005 Mongolians have registered to vote, says Ministry

Mongolians who lives and studies abroad to vote for the election this year first time, according the Election law, adopted last year by the parliament.

MPP replaces detained election candidate

Ts.Anandbazar, a candidate of MPP in Dornogovi and Govisumber constituency was detained by the Anti-Corruption agency on Friday (on May 25) over corruption case.

MONGOLIA RECEIVES FIVE MILLION YUAN AID

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Ulaanbaatar, Mongolia /MONTSAME/ Five million yuan's equipment and techniques has been given as aid by the Ministry of Public Security of China to Mongolia's Ministry of Justice and internal affairs.

INT'L EXHIBITION WILL RUN IN "MISHEEL EXPO" CENTER

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Ulaanbaatar, Mongolia /MONTSAME/ The 16th “Small- and medium-sized business's products, services and technology-2012” international exhibition will run on June 7-11 in “Misheel-expo” center in Ulaanbaatar.

IT AUTHORITIES AND OFFICIALS MEET

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Ulaanbaatar, Mongolia /MONTSAME/ The “State organizations' IT authorities and specialists” one-day ran on May 28 in State house.

CERTIFICATES GRANTED TO CANDIDATES

Ulaanbaatar, Mongolia /MONTSAME/ On Sunday, the candidates from the Mongolian People's Party (MPP) were granted certificates by S.Batbold PM, chairman of the MPP; and U.Khurelsukh, the MPP secretary-general. The candidates have established e related contracts as well.

PARTIES AND COALITIONS REVEAL THEIR CANDIDATES

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Ulaanbaatar, Mongolia /MONTSAME/ Political parties and coalitions have revealed their candidates who will run in the parliamentary election in June 28.

PRESIDENT MEETS DELEGATION OF ASIA FOUNDATION

Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj has said an assistance and aid from the U.S. Asia Foundation (AF) significantly contributed to developing of the democracy and good governance in Mongolia, and that the Mongolians are always grateful to the USA for this.

TOP CHILREN RECEIVE PRIZES

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Ulaanbaatar, Mongolia, /MONTSAME/ The best in spheres of education, society, culture, art and sports children received prizes from M.Enkhbold, the Deputy Minister and Vice head of the National Council for Children, on May 28.

STATE SECRETARY ATTENDS MEETING OF ARF

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Ulaanbaatar, Mongolia /MONTSAME/ The State Secretary of the Ministry of Foreign Affairs B.Batkhishig expressed a position of Mongolia's government at the ASEAN Regional Forum Senior Officials meeting on May 26 in Phnom Penh, Cambodia.

Prophecy Coal's Chandgana plant to be online by 2016

Prophecy Coal Corp. (CVE:PCY) announced Monday that it will bring its 600 MW Chandgana Power Project in central Mongolia online by 2016.

MERITUS SECURES FINANCING FOR GUTAIN DAVAA DEVELOPMENT

Vancouver, B.C.: Meritus Minerals Ltd (TSX-V---MER) is pleased to announce that it has executed an option agreement with two Mongolian companies that provides finance for the development of the high grade Gutain Davaa gold project in Mongolia.

Aspire Mining inks third largest coking coal reserve in Mongolia at Ovoot

(MENAFN - ProactiveInvestors - Australia) Aspire Mining (ASX: AKM) has cemented its Ovoot Coking Coal Project as one of Mongolia's largest coking coal reserves with the delivery of a maiden 178 million tonne open pit coal Reserve.

Prophecy Coal Enters Into Covenant With Mongolian Energy Authority on 600 MW Chandgana Power Project

VANCOUVER, BRITISH COLUMBIA, May 28, 2012 (MARKETWIRE via COMTEX) -- Prophecy Coal Corp. ("Prophecy" or the "Company") CA:PCY +3.85% (otcqx:PRPCF)(frankfurt:1P2) is pleased to announce that the Energy Authority of Mongolia ("EA") has entered into a Cooperation Covenant (the "Covenant") with Prophecy to bring the 600 MW Chandgana Power Project online by 2016.

GEC RELEASES EMERGENCY PLAN

Ulaanbaatar, Mongolia /MONTSAME/ At its meeting on Monday, the General Election Commission (GEC) approved draft rules on measures to be taken in emergency situations.

LIST APPROVED OF CANDIDATES FROM DEMOCRATIC PARTY

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Ulaanbaatar, Mongolia /MONTSAME/ The Democratic Party (DP) has approved a list of candidates to run in the parliamentary elections through the proportional system. An approval was made after a secret voting at 38th meeting of the party's National Consultative Committee on May 24.

Prophecy Coal Enters Into Covenant With Mongolian Energy Authority on 600 MW Chandgana Power Project

VANCOUVER, BRITISH COLUMBIA — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that the Energy Authority of Mongolia ("EA") has entered into a Cooperation Covenant (the "Covenant") with Prophecy to bring the 600 MW Chandgana Power Project online by 2016.

Alt Text: Diary of a Dino-Smuggler

A Tyrannosaurus skeleton recently sold at auction for just over a million dollars, leading to two secondary effects. First, I added “awesome dinosaur skeleton” to my “What I Would I Buy If I Had Just Over a Million Dollars” list. Secondly, Mongolia complained.

Asiana looks to Mongolia route

The country’s anti-trust agency has ordered Korean Air, the largest flagship carrier, to stop colluding with Mongolian Airlines in what it sees as a scheme to prevent other carriers from flying the lucrative route between Korea with Mongolia.

Mongol drive for crazy crew

ADVENTUROUS Scarborough adults are embarking on a 10,000 mile journey taking in 15 countries, three deserts and five mountain ranges...in a 2005 Mitsubishi Space Star.

Diagnostics company expands exports to Mongolia

BALLYCLARE-based diagnostics company Linnodee has added a customer from Mongolia to its growing list of export destinations.

Number crunching: Mongolia

However, after years of turmoil Mongolia is a rising star, with its economy, nicknamed the ‘wolf’ economy, being the fastest growing of its kind in 2011.

Amnesty International Annual Report 2012

Mongolia Head of state: Tsakhia Elbegdorj Head of government: Batbold Sukhbaatar Death penalty: retentionist Population: 2.8 million Life expectancy: 68.5 years Under-5 mortality: 28.8 per 1,000 Adult literacy: 97.5 per cent

DRAIG SEES PROMISING FUTURE FOR TEEG LICENCE, MONGOLIA

May 28, Draig Resources Limited (ASX: DRG ) --

Aspire Mining in pre open ahead of news of maiden coal Reserves and Resource update at Ovoot

May 25 (Proactive Investors) Aspire Mining (ASX: AKM ) has been granted a trading halt by the ASX as it prepares to inform the market on the maiden Reserves and updated Resources at the Ovoot Coking Coal Project.

Petro Matad: Update on oil shale operations

In addition to the operational update made by Petro Matad on its conventional oil exploration projects the Company is pleased to provide an operational update on its oil shale operations in the south of Block IV.

FM G.Zandanshatar to visit Seoul

Gombojav Zandanshatar, Mongolian Foreign Minister will pay an official visit to South Korea next week for talks with his South Korean counterpart.

CLSA to offer cash equity trading in Mongolia

CLSA Asia-Pacific Markets will now offer institutional investors (including US domiciled investors) access to onshore Mongolian equities traded on the Mongolian Stock Exchange (MSE).

Aspire Mining Limited (ASX:AKM) Reports 178 Mt JORC Compliant Coal Reserve for Ovoot

Sydney, Australia, May 28, 2012 - (ABN Newswire) - Aspire Mining Limited (ASX: AKM.AX - News ) is pleased to announce it has established a maiden 178 million tonne JORC Code compliant open pit Coal Reserve for its Ovoot Coking Coal Project ("Ovoot" or "the Project") in northern Mongolia.

Respecting Tibetan Nomads: it’s about more than the Dalai lama

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“Mongolians and Tibetans are like this.” Actually, there was a pantomime of hands held parallel as the Tibetan man said: “Mongolia people…Tibet people...” Looking at me to make sure I understood, he moved his hands together. 

John Lee: power is a very very big issue that has to be addressed now

The UB Post’s exclusive interview with John Lee CFA, Chairman and CEO of Prophecy Coal Corp at the 2nd Coaltrans Mongolia conference.

S Korea FTC Orders Correction Of Unfair Practices On S Korea-Mongolia Route

SEOUL (Dow Jones)--South Korea's antitrust regulator said Monday it has ordered Korean Air Lines Co. (003490.SE) and Miat Mongolian Airlines to correct their unfair practices in which they have colluded since late 2005 to prevent competitors from entering the routes between South Korea and Mongolia.

Mongolia: Future leader in sustainable development and green economic growth

Natural resources are depleting, and the depletion rate is speeding up with the fast growth of lower income countries, while the developed countries’ resource usage and environmental pollution levels are also increasing gradually.

Mongolia’s drowning future

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Mongolia was one of the only countries that, for many years, had strong restrictions on drinking.

Franco Baresi Stadium to be built

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Last Friday on May 25th, the ceremony of “ground-breaking” for the indoor sports stadium occurred.

Selbe River reconstruction to finish next month

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The Selbe River channel reconstruction project starts from the Zuun Ail bridge for 350 meters, designed to increase the river’s flow.

Hancock and Erdenepurev discuss operational improvements

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The following is an interview with the head of Fuel Strategy Department of the Ministry of Mineral Resources and Energy, A.Erdenepurev, during the 2nd Coaltrans Mongolia Conference.

Petro Matad outlines Mongolia intentions

StockMarketWire.com - Petro Matad has provided an update to the market on the status of its review of its 2010 and 2011 drilling programme in Block XX and other field operations across its overall Production Sharing Contract (PSC) holdings in Mongolia.

Mongolia celebrates 10th anniversary of int'l peacekeeping

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ULAN BATOR, May 27 (Xinhua) -- Mongolia on Sunday staged a series of activities here to celebrate the 10th anniversary of its participation in UN peacekeeping operations.

Indian Wrestling Grand Prix: Rana wins gold; bronze for Manoj

NEW DELHI: Praveen Rana added another gold to India's kitty on the final day of the Hari Ram Indian Wrestling Grand Prix on Sunday. Praveen got the better of Georgia's Lobjanidze 4-0, 2-0 in the 66 kg category.

Mongolia tops the charts in risky frontier markets

Frontier markets do not often work better for investors than Mongolia has over the last two years. Its stock market clocked up the best returns in the world in 2010 when share prices climbed 121 per cent and it was the second-best performing bourse last year with a rise of 73 per cent.

Indian men win silver; women take bronze in Asian Nations Cup

Indian men's chess team thrashed Iraq 4-0 to win silver while their women counterparts bagged a bronze in the Asian Nations Cup that concluded here on Saturday.

Harris & Moure Announces New Office in Mongolia

International law firm Harris & Moure, pllc has announced the opening of its newest office in Ulaanbaatar, Mongolia, a move that will further establish the firm’s significant Asian presence.

Canada advances to bronze-medal match at women's World Cup wrestling

The Canadian women's wrestling team advanced to the bronze-medal match at the 2012 FILA Women's World Cup, beating Mongolia and Azerbaijan before falling to Russia on Saturday.

Ten Mongolian athletes compete for Gold

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Yesterday, Mongolian judo wrestlers left for Russia to participate in the prestigious Moscow Judo Grand Slam Tournament on May 26-27th.

MONGOLIAN COAL’S LONG ROAD TO MARKET

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Mongolia’s national transition from a communist regime to a democratic, free market state has been a rocky one.

Africa learns from China in anti-desertification

CHIFENG, Inner Mongolia - The United Nations Convention to Combat Decertification (UNCCD)will help share China's experiences in controlling decertification with Africa, said an official withthe UNCCD on Friday in Chifeng city, in North China's Inner Mongolia autonomous region.

Harris & Moure Announces New Office in Mongolia

International law firm Harris & Moure, pllc has announced the opening of its newest office in Ulaanbaatar, Mongolia, a move that will further establish the firm’s significant Asian presence.

Tavantolgoi mess

Tavantolgoi coal deposit, one of the largest coal deposits in the world, is a project that could have a huge influence on the future of Mongolia.

Vetting presidents, setting precedence

Tense and emotional, confused and distressed, angry and shocked, these words fail to describe the sentiments of the early morning crowd gathered outside of N. Enkbayar’s home on April 13th, the day the former president of Mongolia was arrested. 

Elders and disabled receive MNT 330,000

As a part of the arrangement to grant MNT 1 million to every citizen of Mongolia, the first phase is now being initiated with the elderly and disabled people of Ulaanbaatar receiving MNT 330 thousand.

Can Mongolia become the heart of the world?

May 22 (Mongolian Economy) Sustainable development: These words are just as important to the energy sector as any other.

The Economist missteps on the Steppe

April 29 (Ardchilal.com) I admire The Economist's ability to cover stories from around the world.

FORMER PRESIDENT N.ENKHBAYAR RELEASED A STATEMENT

May 23 (InfoMongolia) Last weekend a video footage of N.Enkhbayar shot during his detention period in Tuv aimag and at the Second General Hospital in Ulaanbaatar that shows images of N.Enkhbayar behaving improperly and using some curse language was broadcasted on several Mongolian TV channels raising much ruckus in Mongolian society.

Mongolia: Transport transformation

May 23 (Oxford Business Group) New rail links with Russia and China and a planned overhaul of the road network underline progress in Mongolia's plans to use the recent surge in resource growth to improve infrastructure and transport.

Wildfires cost Mongolia 3 million U.S. dollars so far this year

ULAN BATOR, May 24 (Xinhua) -- Mongolia has suffered 134 forest fires since early this year, causing direct economic losses of more than 4 billion tugriks (3 million U.S. dollars).

CABLE TV BROADCASTING UNION AGAINST THE REGULATION ON BROADCASTING ELECTION CAMPAIGN ADS

May 23 (InfoMongolia.com) On May 23, the directors of television channels, such as "Shonkhor", "NBS", "Parliament Channel" and "Shuud" who are representing 14 cable televisions, have expressed their opposition against the regulation released by the Communications Regulatory Committee of Mongolia.

EPCRC: MONTHLY MACROECONOMIC OVERVIEW

MAIN INDICATORS: GDP, STATE BUDGET, FOREIGN TRADE, EXCHANGE RATE, INFLATION

Khan Investment Management Update (23/05/2012)

May 23 (Khan Investment Management) --- If March performance was marred by volatility, April proved that volatility has no bounds and that cheap can become even cheaper.

Nova Resources: Commencement of Trucking Operations

May 24, Nova Resources Limited ( NOVA :LN) -- Nova is pleased to announce that Nova Trans LLC shall commence trucking operations on 5 June 2012.

Prophecy Coal to sell 22,100 tonnes of coal to local DRI manufacturing plant

May 24 (Proactive Investors) Prophecy Coal Corp. (TSE: PCY ) announced Thursday it will sell 22,100 tonnes of thermal coal from its Ulaan Ovoo mine in Mongolia to a local, direct reduced iron (DRI) manufacturing plant.

MRC WELCOMES AR MANAGEMENT (ANDREW ROBERTS FAMILY OFFICE) AS A SIGNFICANT SHAREHOLDER

May 24 -- Emerging Mongolian gold producer, Mongolian Resource Corporation (ASX: MUB ) ("MRC or the Company") is pleased to welcome the Andrew Roberts Family Office ("ARM") as a substantial shareholder.

Aspire to Release Maiden Reserve, Requests Trading Halt

May 25 (Mogi) Aspire Mining Limited (ASX: AKM ) requested it's trading be halted, pending "a proposed announcement of the Ovoot Coking Coal Project maiden reserves and updated resources."

Cameron McRae: By the end of the year Oyu Tolgoi will start its gold and copper export

May 22 (Mongolian Economy) Currently, 85 percent of construction work at Oyu Tolgoi has been finished, which means from 15th August 2012, ore will be explored from its gold and copper mines.

The conference “Coaltrans Mongolia” held in Ulaanbaatar

The 2nd Coaltrans Mongolia conference, started in Ulaanbaatar yesterday. The conference is aimed to share information on developing coal mining.

The “Tsagaandarium” art gallery to reveal new exhibition

On the occasion of the 40th Anniversary of the diplomatic relationship between Mongolia and Japan, the Japanese Art Association “Nikon Seico” and the art gallery “Tsagaandarium” are organizing an exhibition with Japanese artists from May 31st to June 10th at Tsagaandarium in Zaisan.

Baby Camel Makes Debut at the Detroit Zoo

A new baby that weighed-in at 102 pounds at birth is turning up the "cute factor" a notch at the Detroit Zoo. 

MPP’s candidates to the parliamentary election

Candidates by proportional list: 1. Mr. S.Batbold, Prime Minister Mr. U. Khurelsukh, Secretary General of MPP Mr. D.Demberel, Speaker Mr. U.Enkhtuvshin, MP D.Lundeejantsan, MP Mr. Ts.Nyamdorj, MP, Justice and Internal Affairs Minister Mr. N.Enkhbold, MP Mr. Ya.Sodbaatar, Secretary of MPP Mr. J.Enkhbayar, MP, Defense Minister Mrs. D.Sarangerel, Secretary of MPP Mr. D.Oyun-Erdene, Head of Youth organization of MPP Mrs. Ts.Garamjav, Deputy Minister of Energy and Mineral Mr. J.Sukhbaatar, MP Mrs. B.Undarmaa, Deputy Minister of Education, Culture and Science Mr. E.Munkh-Ochir, MP Mrs. B.Dolgor, Advisor of Prime Minister Mrs. J.Tsolmon, Deputy Minister of Health Mrs. B.Batstsetseg, Director of “Munkhiin Useg” printing company Mr. Kh. Badelkhan, MP Mrs. V.Udval, Deputy Minister of Justice and Internal Affairs Mrs. D.Enkhchineg Mrs. J.Saule, Deputy Minister of Agriculture and Light Industry Mrs. G.Munkhtsetseg, Head of Mongolian Writers Union Mrs. D.Enkhchimeg, Director of Pet

NAT'L OLYMPIC COMMITTEE REPORTS

Ulaanbaatar, Mongolia /MONTSAME/ The president of the International Amateur Boxing Association (AIBA) Dr. Ching-Kuo Wu (Taiwan) has been elected the member of the Executive Council of the International Olympic Committee (IOC) pursuant to a decision made by a session of the summer sports federations held in Quebec, Canada.

DEFENSE MINISTRY CONGRATULATES A.E.SERDYUKOV

Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Defense J.Enkhbayar MP has sent a congratulatory letter to Mr A.E.Serdyukov who has been re-elected the Defense Minister of Russian Federation.

WB: GROWTH IN DEVELOPING IN EAST ASIA AND PACIFIC IS STRONG BUT...

Ulaanbaatar, Mongolia /MONTSAME/ “Growth remains strong in developing East Asia and Pacific, although it has slowed from its post-crisis peaks.

STATE SECRETARY MEETS CIDA EXPERT

Ulaanbaatar, Mongolia /MONTSAME/ The State Secretary of the Ministry of Foreign Affairs B.Batkhishig received on Thursday Michael Aylward, a senior expert of the Canadian International Development Agency (CIDA) in charge of China and Northeast Asia program affairs.

CULTURE DAY RUNS IN HONG KONG

Ulaanbaatar, Mongolia /MONTSAME/ The Consulate-general of Mongolia to Hong Kong and the University of Hong Kong organized together a culture day to celebrate a first anniversary of their collaboration on May 22.

SPEAKER ISSUES AN ORDINANCE

Ulaanbaatar, Mongolia /MONTSAME/ The Parliament Speaker, D.Demberel issued on May 25 an ordinance by which the plenary meeting of the parliamentary session is to take a break from May 24.

"NOVOSTI MONGOLII" CELEBRATES ITS JUBILEE IN ULAN-UDE

Ulaanbaatar, Mongolia /MONTSAME/ An event for the 70th anniversary of the MONTSAME's “Novosti Mongolii” Russian-language weekly newspaper started on Friday in Ulan-Ude city, the Russian Buryatia Republic.

POLITICAL PARTIES AND COALITIONS FINISH ANNOUNCEMENT OF CANDIDATES

Ulaanbaatar, Mongolia /MONTSAME/ Political parties and coalitions that will run in the parliamentary election in June 28 closed on Friday the deadline for announcing their candidates.

KEY POLITICAL RISKS TO WATCH IN MONGOLIA

As June elections approach, mining investors in Mongolia worry that their contracts might be targeted for a fresh round of renegotiation after the poll.

Mongolian Ex-President Denounces Timing of His Graft Trial

ULAN BATOR, Mongolia — As he prepared to go on trial on corruption charges, the former president of Mongolia lay in a wrinkled hospital bed, where he was recovering from a 10-day hunger strike he waged to protest being held in detention by his successor’s government.

Catholics in Inner Mongolia seek extra prayers during difficult time

HOHHOT, China (CNS) -- Catholics in China's Inner Mongolia Autonomous Region have called on fellow believers to pray for them May 24, the World Day of Prayer for the Church in China, during what they say is their most difficult time in recent decades.

Khan Resources (CNSX:KRI) Begins Trading on Canadian National Stock Exchange (CNSX)

Khan Resources (CNSX:KRI) Begins Trading on Canadian National Stock Exchange (CNSX) - Video Summary Posted on www.InvestmentPitch.com * Reuters is not responsible for the content in this press release.

The fragile and ignored condition of Mongolian women’s Rights

Since the first shelter for women opened in 1995 by the help of NCAV(National Centre Against Violence) women’s rights has remained a grossly neglected issue.

Mongolia Halts Sale of T-Rex Like Dinosaur Skeleton At New York Auction House

The Mongolian president has asked that the origin of a Tyrannosaurus bataar be determined.

Sumo Wrestlers play basketball in Mongolia

It has been 40 years since Mongolia and Japan first established diplomatic relations and 20 years since the first Mongol started sumo wrestling.

Vulnerable children of Mongolia have bright futures

All over the world children go to school to learn, to socialise, and to become familiar with their culture, religion and customs.

Petro Matad aims to define a low risk drilling programme in Mongolia

Petro Matad ( LON:MATD ) outlined exploration plans for its assets in Mongolia for the rest of the year and 2013, hoping to refine their “enormous potential”.

2ND Coaltrans Mongolia Conference Emphasises Infrastructure

For the past two days, the 2nd Coaltrans conference took place in the Chinggis Khan Hotel, with delegates arriving from far and wide to discuss Mongolia’s resources potential. 

Prophecy Coal (TSX:PCY) (OTCQX:PRPCF) Signs Coal Offtake Agreement with Direct Reduced Iron Manufacturing Plant in Mongolia

Prophecy Coal (TSX:PCY) (OTCQX:PRPCF) Signs Coal Offtake Agreement with Direct Reduced Iron Manufacturing Plant in Mongolia - Video Summary Posted on www.InvestmentPitch.com * Reuters is not responsible for the content in this press release.

Inner Mongolia: Doubts Over Language Law Promises

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Chinese authorities have promised that ethnic Mongolians will no longer be denied services for signing official documents in their native language but many remain skeptical that the law will be applied or enforced.

Indian men beat Mongolia in Asian Nations chess cup

ZAOZHUANG (China): Indian men cruised to a 3.5-0.5 victory over Mongolia to almost ensure the silver medal in the Asian Nations chess cup .

FOREIGN MINISTER CONGRATULATES S.V.LAVROV

Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Foreign Affairs G.Zandanshatar sent on Wednesday a congratulatory message to S.V.Lavrov for being re-elected the Foreign Minister of the Russian Federation (RF).

SPACE TECHNOLOGY EXHIBITION WILL RUN

Ulaanbaatar, Mongolia /MONTSAME/ The space technology exhibition is to be run on May 29.

MONGOLIA-BRITAIN BUSINESS MEETING TO BE HELD

Ulaanbaatar, Mongolia /MONTSAME/ The business forum of Mongolia and Britain will take place on July 30-31 in London.

China’s Top Fund Manager Sees Stock Gains on Pro-Growth Policy

China’s best-performing fund manager says the government’s pro-growth policies and pledge to compel state-owned companies to increase dividend yields will boost the nation’s stocks in the second half of the year.

Mongolian tried to cheat casino

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A MONGOLIAN was fined $4,000 on Tuesday for attempting to deceive a Marina Bay Sands (MBS) casino croupier by placing his bets after betting was closed.

Mongolian Ex-President Denounces Timing of His Graft Trial

ULAN BATOR, Mongolia — As he prepared to go on trial on corruption charges, the former president of Mongolia lay in a wrinkled hospital bed, where he was recovering from a 10-day hunger strike he waged to protest being held in detention by his successor’s government.

Your Life: Destination adventure for Coventry gap year students

FEATURE writer Catherine Vonledebur chats with three gap year students from Coventry and Warwickshire about their itineraries, their budgets and their reasons for going on the biggest adventures of their lives.

THE SPRING SESSION TAKE A RECESS

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THE SPRING SESSION OF PARLIAMENT ANNOUNCED A RECESS YESTERDAY ON MAY 23, 2012.

Probe of Filipina’s death in Mongolia sought

A migrant workers group has called on the government to investigate the death under mysterious circumstances of a Filipino domestic helper in Mongolia last year.

CHINA TO RECOGNIZE MONGOLIAN SIGNATURES

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AUTHORITIES IN INNER MONGOLIA VOW TO ENFORCE ACCEPTANCE OF OFFICIAL SIGNATURES IN MONGOLIAN.

Southern Mongolians Fighting for the Right to Sign Documents in Mongolian

New York -One indication of the violation of basic human rights of the Southern (Inner) Mongolians in the "Inner Mongolia Autonomous Region" by the Chinese authorities is the denial of the right to sign their names in Mongolian on any formal documents.

Mongolian Resource Corporation Welcomes ARM as Significant Shareholder

Emerging Mongolian gold producer, Mongolian Resource Corporation (ASX: MUB) ("MRC or the Company") is pleased to welcome the Andrew Roberts Family Office ("ARM") as a substantial shareholder.

Prophecy Coal Signs Ulaan Ovoo Coal Offtake Agreement with Direct Reduced Iron Manufacturing Plant in Mongolia

VANCOUVER, BRITISH COLUMBIA, May 24, 2012 (MARKETWIRE via COMTEX) -- Prophecy Coal Corp. ("Prophecy" or the "Company") CA:PCY 0.00% (otcqx:PRPCF)(frankfurt:1P2) is pleased to announce that it has entered into a coal sales contract with a local Mongolian direct reduced iron (DRI) manufacturing plant (the "Buyer"), for the sale of 22,100 tonnes of thermal coal from the Company's Ulaan Ovoo mine.

Pontypool pooch paints a pretty picture

MEET Roxy, perhaps Gwent’s most talented dog – the Picasso-esque pooch can paint and has recently created her debut work Daffodils and Despair.

Mongolian coal's long road to market

Mongolia's national transition from a communist regime to a democratic, free market state has been a rocky one.

N.Enkhbayar’s court hearing postpones

The court hearing of ex-president N.Enkhbayar’s case postponed till June 4.

Catholics in Mongolia – a growing Church in difficult terrain

“In July 2012 we are hoping to open three new parishes“, said Father Kuafa Hervé in a recent meeting with representatives of the international Catholic charity Aid to the Church in Need (ACN).

Ivanhoe, Rio Tinto amend terms for financing deal

-- Ivanhoe, Rio amend certain terms of US$1.8 bullion rights offering -- Subscription price will now be set in the final prospectus -- Rio will take up its full subscription rights -- Warrants held by Rio will be repriced

Mongolian Resource Corporation share price doubles on investor presentations in Mongolia

Mongolian Resource Corporation (ASX: MUB) has attributed a doubling in the company’s share price over the space of two weeks to two recent investor presentations in Mongolia.

Old Ways Disappearing In The New Mongolia

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Mongolia, the land of Genghis Khan and nomadic herders, is in the midst of a remarkable transition. Rich in coal, gold and copper, this country of fewer than 3 million people in Central Asia is riding a mineral boom that is expected to more than double its GDP within a decade.

Facing Trial, Ex-Mongolia President Calls Charges a Political Ploy

ULAN BATOR, Mongolia — As he prepared to go on trial for corruption on Thursday, this country’s previous president lay in a wrinkled hospital bed, where he was recovering from a 10-day hunger strike he waged to protest being held in detention by the current government.

Auctioned Tyrannosaur Skeleton Possibly Smuggled

A fossilized dinosaur that was once at the top of its food chain is now caught in the jaws of a legal battle over whether or not its remains can be sold in the United State.

Enkhbayar, Corruption, Foreign Reporting and the Rule of Law

May 22 (Mongolia Today Blog) The politics of Mongolia never gets boring like totalitarian or authoritarian regimes, where foreign investments are honored as long as the ruler or collective leadership are in place.

Samsung C&T wins Shangri-La UB Hotel construction contract

May 22 (Yonhap News) Samsung C&T Corp., one of South Korea's leading construction and trading companies, said Tuesday it has won three overseas orders worth $726 million.

KPMG Hosts VIP Event to Open New Mongolia Office

May 17 (KPMG) At a ribbon cutting on May 17, 2012, KPMG in Mongolia opened its office in the landmark Blue Sky Tower, officiated by Mr. D. Khayankhyarvaa, Finance Minister of Mongolia.

Mongolia's draft securities law explained - OPEN ACCESS

May 23 (IFLR) Mongolia's long-awaited draft securities law aims to modernise the Mongolian Stock Exchange (MSE). Investors anticipate the proposed changes to be announced ahead of the landmark Erdenes Tavan Tolgoi (ETT) initial public offering, which is expected by Q1 2013.

FOREIGN INVESTMENT REGULATION LAW TASKFORCE HEAD: NOT RETROSPECTIVE, VERY FLEXIBLE LAW, GOLDEN MIDDLE BETWEEN INTERESTS OF MONGOLIA AND INVESTORS

According to major Mongolian daily " Zuuny Medee" on May 21,2012 Head of taskforce on law on regulation of foreign investment into enterprises of strategic significance, Deputy Chairman of Parliament of Mongolia N. Enkhbold said in the interview:

China Daye Non-Ferrous Loses Mongolian Arbitration Appeal, Aleinuer Mine Rights Lost to Mongolian JV Partner

This announcement is made by China Daye Non-Ferrous Metals Mining Limited (the "Company") pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Ivanhoe Mines Rallies Almost 11% on Chinese Easing Speculation

May 21 (Benzinga) Ivanhoe Mines (NYSE: IVN ) moved up nearly 11% today after China's Wen Jiabo made statements that could indicate that the country's leadership will move to bolster China's economy.

MOFA explains new law

The Ministry of Foreign Affairs of Mongolia organized for foreign diplomats brief introduction of Law on Regulation investment by foreign state-owned firms in strategic assets yesterday, on May 22.

Sumo wrestlers against national wrestlers

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Mongolian wrestlers of sumo in Japan arrived in Ulaanbaatar yesterday, on May 22. Wrestlers headed by Khakukho M.Davaajargal will attend in basketball show organized by the non-profit organization the “For success” and Fund “Khakukho”.

TEACHERS WILL BE TRAINED MORE

Ulaanbaatar, Mongolia /MONTSAME/ The Institute of teachers professional training will be brought back into life, decided the cabinet on its meeting on Wednesday.

HEALTH MINISTER AT 65TH WORLD HEALTH ASSEMBLY

Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Health N.Khurelbaatar delivered on Tuesday a speech on the government's position, policy and some measures for improving adequacy of medical assistance and services, at a plenary meeting of the 65th session of the World Health Assembly.

ABOUT IMPLEMENTATION COURSE OF OYU TOLGOI PROJECT

Ulaanbaatar, Mongolia /MONTSAME/ A construction of buildings at the Oyutolgoi project has been going with 80 per cent, said the Minister of Mineral Resources and Energy D.Zorigt at the regular cabinet meeting on Wednesday.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday backed in principle a draft amendment to the law on the State Great Khural initiated by the President Ts.Elbegdorj.

G.TENGER MEETS ESCAP EXECUTIVE SECRETARY

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Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the Vice Minister of Foreign Affairs G.Tenger met with Ms. Noeleen Heyzer, the Executive Secretary of United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) during 68th session in Bangkok, Thailand.

IVANHOE MINES FILES PRELIMINARY PROSPECTUS FOR RIGHTS OFFERING AND AMENDS CERTAIN TERMS OF MEMORANDUM OF AGREEMENT WITH RIO TINTO

VANCOUVER, CANADA – Ivanhoe Mines announced today that the company intends to launch a rights offering in which all existing shareholders, subject to applicable law, may participate on an equal and proportional basis in purchasing additional common shares.

Forest fire rages in Inner Mongolia

HOHHOT, May 23 (Xinhua) -- About 2,000 firefighters have been sent to put out a forest fire that broke out on Tuesday afternoon in north China's Inner Mongolia Autonomous Region.

Lambert headed to Mongolia with OCC

Olivia Lambert, 18, of West Portsmouth is one of 20 young adults in America chosen by the Samaritans Purse Youth (SPY) program to help deliver Operation Christmas Child shoe box gifts to Mongolia in July 20-28.

Ivanhoe to raise $1.8-billion to finance Oyu Tolgoi mining project

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Ivanhoe ( IVN-T 9.470.111.18%), an affiliate of mining giant Rio Tinto PLC, ( RIO-N 45.14-0.45-0.99%) said on Wednesday it intends to proceed with a rights offering open to all existing shareholders that would raise about $1.8-billion (U.S.).

CSU Scientists Head to Australia, Mongolia to Capture Transit of Venus

COLUMBUS, Ga. — Partnering with NASA, researchers from Columbus State University's Coca-Cola Space Science Center will travel to Mongolia and Australia next week to get the best possible images of Venus passing between the Earth and the sun, a celestial event that won't occur again for another 105 years.

'Stolen' Dinosaur Skeleton is Focus of Mongolian President

A rare dinosaur fossil was auctioned this week in New York for $1.05 million, but the sale cannot be completed until ownership rights of the fossil are sorted out.

China welcomes proposed accession of India in Shanghai Cooperation Organisation

BEIJING: China, the host of the next Shanghai Cooperation Organisation (SCO) summit, today welcomed the proposed accession of India and Pakistan to the security grouping, but said no timetable should be set to grant them full membership.

World Bank cuts China forecast, urges measured policy

BEIJING (Reuters) - The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity.

Domestic demand bolsters Southeast Asia

In the Seri Kempangan district on the southern edge of Kuala Lumpur, US carmaker Ford has just opened a showroom.

World Bank Tips Robust Asian Growth

-- World Bank forecasts healthy East Asian growth in 2012, 2013 -- Highlights Asia's resilience, but warns of risks from Europe -- Says Asian currencies could appreciate in longer term

I Told You to Buy Mongolia

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The global resource frenzy has grown so heated that money has begun pouring into the marginal fringes of the universe.

Mongolia iron ore miner in $300 mln Hong Kong IPO-source

* Deal could value Altain Khuder around $1 bln - source * Hong Kong IPO volume down about 82 pct through May * Deal could be launched in Q4 of 2012

Tyrannosaurus Sold Despite Mongolian President's Plea

DALLAS (CN) - Despite a lawsuit from the president of Mongolia, a Dallas-based auction house sold a largely intact fossil skeleton of a Tyrannosaurus bataar on Sunday for $1.1 million - but transfer of the bones will be put on hold during litigation.

STOCKS FOR SUPPORTING HERDERS TO BE ISSUED

Ulaanbaatar, Mongolia /MONTSAME/ At its regular meeting on Wednesday, the cabinet backed a draft resolution of parliament on permission to issue governmental stocks.

S.KOREANS RUN ECOLOGICAL TRAINING

Ulaanbaatar, Mongolia /MONTSAME/ The Mining Reclamation Corporation (MIRECO) of Republic of Korea is running an ecological training for the Mongolian children at its arboretum in order to improve their knowledge about nature.

SOCIO-ECONOMIC GUIDELINES FOR 2013 APPROVED

Ulaanbaatar, Mongolia /MONTSAME/ A plenary meeting of the parliamentary session on Tuesday discussed and then approved the basic guidelines on the socio-economic development of Mongolia for 2013.

"CONSTRUCTION, HOUSING-2012" EXHIBITION WILL RUN

Ulaanbaatar, Mongolia /MONTSAME/ The “Construction, housing-2012” exhibition-fair will take place on May 25 in “Misheel expo” center.

PARLIAMENTARY SPRING SESSION TAKES BREAK

Ulaanbaatar, Mongolia /MONTSAME/ The Parliament Speaker D.Demberel announced a break of the parliamentary spring session on Wednesday.

‘Minegolia’ Struggles With IPOs

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Mongolia is finding it far harder to get its biggest mining companies listed overseas than to dig the raw materials out of the ground.

Top stars for wrestling GP

NEW DELHI: Over 300 wrestlers and officials are likely to take part in the inaugural edition of the Hari Ram Indian Wrestling Grand Prix which begins in the Capital on May 25.

'Bachelors' ready to run with breeding

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The four young stallions obviously preferred to run free on the vast grassland of the Karamoni nature preserve in Northwest China's Xinjiang Uygur autonomous region than squeeze into metal boxes.

Mongolians Scramble For A Share Of Mining Wealth

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Mongolia, the land of Genghis Khan and nomadic herders, is in the midst of a remarkable transition.

Investing in information technology in the countryside

Mongolia is budding with opportunities for business and entrepreneurial growth as a result of the country’s mineral wealth.

Spider web-6

Enkhbayar [1] is arrested. The Godfather of Corruption is finally behind bars. This would not have happened if he were still in good terms with his party.

MONGOLIA’S DILEMMA: WHO GETS THE WATER?

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Mongolia, the land of Genghis Khan and nomadic herders, is in the midst of a remarkable transition.

"Stolen" Dinosaur Skeleton Auctioned Off

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An almost completely intact dinosaur skeleton of a close relative to the T-Rex was auctioned off in New York Sunday for $1.05 million, but a phone call from Mongolia's president during the bidding nearly put a stop to the sale.

Mongolia iron ore miner in $300mln Hong Kong IPO-source

May 23 (Reuters) - Mongolian iron ore miner Altain Khuder is planning to raise about $300 million through a Hong Kong initial public offering (IPO), a source with knowledge of the matter told Reuters.

Mongolian miner aims to strike gold in float

Mongolia-based iron-ore miner Altain Khuder is reportedly seeking to raise as much as HK$7.8 billion via an initial public offering in Hong Kong this year.

Cameron McRae: By the end of the year Oyu Tolgoi will start its gold and copper export

Currently, 85 percent of construction work at Oyu Tolgoi has been finished, which means from 15th August 2012, ore will be explored from its gold and copper mines.

Where the streets have no name...

In 1987, the Irish band U2 released a song called “Where the streets have no name”.

National Public Running: Distance from UB to London

A National running event to show support for the Mongolian Olympic team that is going to the London Olympics, the 30th summer games and the 14th Paralympics, took place last Saturday under the motto ‘Health is the greatest wealth’.

FORUM ON URBAN DEVELOPMENT APPROACHING

Ulaanbaatar, Mongolia /MONTSAME/ A forum on urban development will be held under a theme "Urgent problems facing the urban development, ways to solve them" on May 24 in the Khangarid Palace.

ITALIAN COACHES TO TEACH FOOTBALL TO CHILDREN

Ulaanbaatar, Mongolia /MONTSAME/ An opening ceremony of the "Youths' camp of Milan 2012" program took place on Monday in a football pitch of the city's #6 secondary school.

IN'L SEMINAR ON EDUCATION FOR DEMOCRACY BEGINS

Ulaanbaatar, Mongolia /MONTSAME/ An international seminar on the education for democracy kicked off on Monday in Ulaanbaatar city.

POLITICAL MISCALCULATION RAISES RISKS FOR MONGOLIAN MINING

Mongolia’s bid to discredit one of its most popular opposition politicians, a staunch supporter of resource nationalism, could backfire and strengthen his party in approaching elections, putting at risk mining investments in the central Asian nation.

Heritage Auctions is Being Sued by Mongolia -- Yes, the Country -- Over the Sale of a Dinosaur

My 3-year-old son is crushed. Yesterday, his dad was about $1,052,480 shy of purchasing a 75 percent complete fossil skeleton of a Tyrannosaurus bataar , sold by Dallas-based Heritage Auctions.

How to Develop a Country: Part I

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One of the responses I received from last week’s column was something along the lines of: how can Mongolia be developed?

PESA Chairman : We chose the colour yellow to symbolise winning Gold

65 days are left until the start of the 2012 Summer Olympic Games, officially the Games of the XXX Olympiad.

Zorigt: profits from mining industries are distributed evenly among the people

For the 90th Anniversary of the Mongolian mining industry, there have been many events celebrating this occasion; with Mining Mongolia 90 being the lead conference.

Dartmouth's Erdene to sell Georgia property

Erdene Resource Development Corp. has entered into an agreement to sell one of its Georgia properties.

“Best Korean dancers will perform in Mongolia as I promised” claims Ts.Tsolmonbud

‘Chuluut Tsag’ newspaper informed that Ts.Tsolmonbud, the famous ballet dancer of ‘Lee Won-Kook ballet’ company in Seoul, Korea, is willing to hold a concert in Mongolia involving the best dancers of Korea.

MONGOLIA TRIES TO STOP SALE OF RARE DINOSAUR FOSSIL

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IT'S NO BLOODY, FOOT-STOMPING BATTLE TO THE DEATH, BUT A LEGAL FIGHT BEFITTING A MIGHTY DINOSAUR IS PLAYING OUT ON TWO CONTINENTS AS MONGOLIA'S PRESIDENT TRIES TO BLOCK THE SALE OF A NEARLY COMPLETE SKELETON OF A 24-FOOT-LONG DINOSAUR THAT ROAMED CENTRAL ASIA 80 MILLION YEARS AGO.

Mongolia’s MDGs: early achiever for reducing the infant mortality

From May 21 – 23rd the 68th Session of the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) is being held in Bangkok, Thailand under the theme of “Enhancing regional economic integration in Asia and the Pacific: Towards a Comprehensive Framework.”

Mongolia not a part of nation’s territory, MAC chief clarifies

The Mainland Affairs Council (MAC) said on Monday that Mongolia is not included in the nation’s territory under the Republic of China (ROC) Constitution, citing previous statements by the Ministry of the Interior.

Macquarie Lands Lead Role on $1 Billion Mongolia IPO

Macquarie is the latest investment bank to unearth a rich seam of potential fees in Mongolia’s resources sector after securing a lead role in the proposed initial public offering of one of the country’s biggest iron ore producers.

The Parliament approves a several law

The Spring session of the parliament is going to take recess since tomorrow, on May 23, due to upcoming election on June 28.

B.Batjargal: South Gobi Sands requires a permission of government

The Mongolian Parliament last week approved a law on Regulation investment by foreign state-owned firms in strategic assets.

G.TENGER MEETS COUNTERPARTS FROM UZBEKISTAN AND LAOS

Ulaanbaatar, Mongolia /MONTSAME/ The Vice Minister of Foreign Affairs G.Tenger has said Mongolia wants to widen the relations with Uzbekistan, and hoped that the already invited President Ismal Karimov will pay a visit to Mongolia in the nearest future.

INVESTMENT FORUM RUNS IN CHINA

Ulaanbaatar, Mongolia /MONTSAME/ The “Mongolia and China Investments-2012” forum ran in Beijing on May 18.

JUDOISTS GRAB SILVER AND BRONZE MEDALS

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Ulaanbaatar, Mongolia /MONTSAME/ Mongolian judoists have grabbed one silver and four bronze medals from the Judo East Asian championship which ran May 19-21 in Gochang city of S.Korea.

Mongolian fined $4,000 for cheating at casino

A Mongolian was fined a total of $4,000 on Tuesday for cheating and attempted cheating at the Marina Bay Sands casino.

Nestle to build dairy farm in Inner Mongolia

HOHHOT, May 22 (Xinhua) -- Swiss food and beverage giant Nestle has signed an agreement with a county government in north China's Inner Mongolia autonomous region to build a new dairy farm in the area.

Tyrannosaurus sold for S$1.33 million amid question over ownership

NEW YORK - A nearly intact skeleton of a Tyrannosaurus sold for US$1.05 million (S$1.33 million) at auction in New York yesterday, although the sale has been disputed by the Mongolian government, which has questioned whether it was obtained legally.

Inner Mongolia produced 340 million tonnes of raw Coal in Jan to Apr2012

In the first four months, Inner Mongolia produced 340 million tonnes of raw coal up by 17.5%YoY making it rank first among Chinese regional coal producers.

China sends four endangered horses to Mongolia

Urumqi (China), May 22 (Xinhua-ANI): Four endangered Przewalski's horses were sent to Mongolia from west China's Xinjiang Uygur autonomous region on Monday, marking the first time for China to send the horses to another country since reintroducing the species 17 years ago, according to Cao Jie, director of the Xinjiang Wild Horse Propagation Center.

Mongolian fined $4,000 for cheating at casino

A Mongolian was fined a total of $4,000 on Tuesday for cheating and attempted cheating at the Marina Bay Sands casino.

Mongolia, auction house battle over dinosaur

NEW YORK -- A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to.

Mongolia's Dilemma: Who Gets The Water?

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Mongolia, the land of Genghis Khan and nomadic herders, is in the midst of a remarkable transition.

A New Era for Mongolia’s Herders

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It is typical for desolate, rural areas to go uninhabited. There are almost no other sounds than the bleating of sheep and goats as well as the barking of dogs.

Can Mongolia become the heart of the world?

Sustainable development: These words are just as important to the energy sector as any other.

Mongolian delegation attends for first time to the NATO summit

Mongolia sent a high-level delegation to the 2012 NATO summit in Chicago on Sunday, with the Individual Partnership and Cooperation Program status for the first time.

Men's chess team beat Mongolia

Viet Nam's men's team beat Mongolia 3-1 in the fourth round of the Asian Chess Cup in China on Sunday.

'Illegal' Dinosaur Skeleton Sells for Over $1M

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(NEWSER) – A New York auction house sold off a dinosaur skeleton for $1 million yesterday despite a restraining order from the Mongolian government, which said the find had been illegally exported, New Scientist reports.

Mongolia curbs investments by foreign state-owned companies to control assets, secure economic future

SHANGHAI — Mongolia, China’s largest supplier of coking coal, passed a law restricting foreign state-owned companies from controlling key assets, threatening planned investment by groups such as Aluminum Corp. of China Ltd.

3D-P Completes Third Successful 802.11n Wireless Network Deployment in Mongolia

05/12/2012 (press release: KungFuzos) // Calgary, Alberta, Canada // Marketing@3D-P.com

Mongolia to prioritize renewables to meet energy needs

May 21 (EcoSeed) Mongolia has announced that it has started developing its renewable energy industry.

Moody's downgrades the ratings of four Mongolia banks (Golomt, Khan, TDB, XacBank) to B1

Hong Kong, May 21, 2012 (Moody's) -- Moody's Investors Servicehas downgraded the foreign currency long-term senior unsecured debt ratings of four Mongolian banks to B1 from Ba3.

Origo: Director/PDMR Shareholding

May 21 -- Origo Partners Plc ("the Company") received notification that on 18 May 2012, Mr Chris Rynning, CEO of the Company, purchased 204,032 ordinary shares of par value £0.0001each ("Ordinary Shares") at an average price of 23.92 pence per share.