Friday, November 29, 2013

Mongolian President Leads Business Mission to Hong Kong

Hong Kong, Nov 28, 2013 - (ACN Newswire) - Mongolian President Tsakhiagiin Elbegdorj addressed an audience of approximately 200 businesspeople today at a Hong Kong luncheon organised by the Hong Kong Trade Development Council (HKTDC).

Goldpoly New Energy Holdings enters agreement to purchase equity stake in solar farm projects

Goldpoly New Energy Holdings Limited said it inked a framework agreement for the acquisition of at least 80% in equity interest in the first batch of solar farm projects of GD Solar Co Ltd, GUODIAN Inner Mongolia New Energy Investment Ltd and Forty-Eighth Research Institute of China Electronics Technology Group Corp. Goldpoly New Energy is a China-based photovoltaic solar farm operator.

Erenhot-Zamyn-Uud Dedicated Cargo Transport Road in Service

SHANGHAI, Nov 28, 2013 (Menafn - SinoCast Daily Business Beat via COMTEX) --A dedicated cargo transport road in joint inspection area between China's Erenhot and Mongolia's Zamyn-Uud, which is built with assistance by Inner Mongolia, has come into service.

Excitement mounts for Special Olympics

KIT the Koala helped welcome the Australian Special Olympics team to the Hunter yesterday as they touched down at Newcastle Airport.

China's largest desert freshwater lake shrinking

Hongjiannao Lake, China's largest desert freshwater lake, has been shrinking sharply over the past 13 years, warned local meteorological authorities on Thursday.

Will foreign investors give Mongolia another shot?

Foreign investors abandoned one-time frontier-market darling Mongolia over the past 18 months amid a dispute over a mine development, but the country hopes a resolution and its new investment law can lure them back.

Goldpoly signs Framework Agreement to acquire 195MW solar farm and execute 1st batch projects acquisition within Photovoltaic Green Ecosystem Organiza

HONG KONG and BEIJING, Nov. 28, 2013 /PRNewswire/ -- Goldpoly New Energy Holdings Limited ("Goldpoly" or "the Company," HK stock code: 686, whose largest shareholder is China Merchants New Energy Group "CMNE"),today announced that it entered into a Framework Agreement ("Agreement") with GD Solar Co Ltd ("GD Solar"), GUODIAN Inner Mongolia New Energy Investment Ltd ("GUODIAN Inner Mongolia New Energy"), and Forty-eighth Research Institute of China Electronics Technology Group Corp ("Forty-eighth Research Institute") to acquire no less than 80% equity interest in their 1st batch solar farm projects.

Tuesday, November 26, 2013

New Market Research Report: Voyager Resources Limited (VOR) - Metals and Mining - Deals and Alliances Profile

26.11.2013 07:14:48 - New Materials market report from GlobalData: "Voyager Resources Limited (VOR) - Metals and Mining - Deals and Alliances Profile"

Mongolia to support gold mining

The Mongolian government pledged Monday to support the gold mining sector.

Russia to Hold Drills with China, Mongolia in 2014

Russia’s Pacific Fleet will participate in the Vigilant Eagle-2014 drill with the Chinese Navy, the spokesman said on Saturday.

State Hospital No.3 opens heart attack and cerebral hemorrhage treatment center

The Ministry of Health, the World Health Organization (WHO), and Millennium Challenge Account in Mongolia have jointly completed the “Heart Attack and Cerebral Hemorrhage Project 2010-2013” at State Hospital No.3 recently.

Mongolian president in Singapore on first official visit

Mongolian President Tsakhia Elbegdorj is in Singapore on his first official visit. He received a ceremonial welcome at the Istana on Monday morning.

HCM City, Ulan Bator wish to become twin cities

At his talks with visiting Mongolian President Tsakhiagiin Elbegdorj, Ho Chi Minh City mayor expressed his wish that Ho Chi Minh City and the Mongolian capital Ulan Bator should set up a twin relationship.

Mongolia Growth Group Ltd. Announces the Sale of Mandal General Daatgal LLC

Ulaanbaatar, MONGOLIA, November 25, 2013 /FSC/ - Mongolia Growth Group Ltd. (YAK - TSX Venture),("MGG" or "the Company") is pleased to announce that UMC Capital LLC ("UMC Capital") has agreed to purchase 100% of Mandal General Daatgal LLC ("Mandal"), subject to the approval of the TSX Venture Exchange, the Financial Regulatory Commission of Mongolia and the satisfaction of certain closing conditions.

Beijing to stop inappropriate preferential tax programs

Beijing has added more details to its plans to reform the country's taxation system following the conclusion of the high-profile third plenary session of the 18th Central Committee of the Communist Party of China, which was held on Nov. 9-12.

Mongolia to embrace illegal gold miners

The government of Mongolia, one of the world’s fastest-growing economies, signed Monday a deal with the country’s gold producers association, which aims to reduce illegal extraction of the metal by reducing barriers for them to become formal miners, Xinhua reports.

Port Fairy Announce Second Round Of Acts For It’s 2014 Line Up

The Port Fairy Folk Festival has added another 25 acts to its line up, including acts from Mongolia and Ireland.

All Roads Lead to Mongolia for Chairman and CEO of Real Estate Company Mongolia Growth Group

All Roads Lead to Mongolia for Chairman and CEO of Real Estate Company Mongolia Growth Group

Monday, November 25, 2013

Independent Mongolian Metals&Mining Research

Independent Mongolian Metals and Mining Research, based in Ulaanbaatar, is a third party subscription-based research and analytics vendor that covers Mongolia-related asset classes, primarily global Metals & Mining equities of issuers with significant operations in Mongolia, Mongolia-related fixed income instruments, currencies and commodities aiming at independence and objectivity for the benefit of its clients.Please contact us at

Vietnam to boost cooperation with Mongolia

On November 24, Le Hoang Quan, Chairman of the People’s Committee of Ho Chi Minh City, welcomed Tsakhiagiin Elbegdorj, President of Mongolia and his delegation on their visit to the City.

Harumafuji takes the Emperors Cup

Mongolian native sumo wrestler, Yokozuna Harumafuji won his 6th Emperor`s Cup after a fight with fellow Yokozuna Hakuho.

Demonstrators gather to protest building on source of drinking water

The new Dunjingarav shopping mall has been the subject of a dispute that around claims that the commercial building was constructed on a source of drinking water for Ulaanbaatar City.

Moscow hosts Mongolia-Russia 17th Intergovernmental Committee

Moscow will host the 17th Intergovernmental Committee meeting on Trade, Economy, Science and Technical Collaboration between Mongolia and Russia on November 26th and 27th, 2013.

Student’s Mission

Life could be seen as a series of moments. Every moment in our life has its reason, distinction and carries a bell that makes a unique sound exclusive for that moment.

Vietnam, New Zealand strengthen defence ties

Vietnam, New Zealand strengthen defence ties

Friday, November 22, 2013

Petro Matad say 2D seismic study acquisition completed in Mongolia

Petro Matad announces that Mongolian geophysical contracting company Khet Co., Ltd (Khet) completed acquisition of 200 km of 2D seismic on Blocks IV and V on 19 November, 2013.

IFC - International Finance Corporation : Mongolian Banks Sign Joint Statement of Commitment for Developing Sustainable Banking Practices in Mongolia

Ulaanbaatar city, November 21, 2013: Today, the Mongolian banking sector made a public declaration to jointly promote sustainable banking practices in Mongolia.

Vietnam, Mongolia sign 4 cooperation agreements

During Mongolian President Tsakhiagiin Elbegdorj’s visit to Vietnam from November 21-24, the two countries on Thursday issued a joint statement and signed four cooperation deals.

Thursday, November 21, 2013


Ulaanbaatar /MONTSAME/ The President of Mongolia Ts.Elbegdorj Tuesday held a meeting with the Speaker of the Upper house of Parliament of Myanmar, Mr Khin Aung Myint.

China major target market for Mongolian organic produce

Mongolian agricultural officials envision their organic meat and vegetables being served on Chinese dinner tables and are looking to foreign investors for help in making this a reality.


Ulaanbaatar /MONTSAME/ On Tuesday, the Mongolian delegates, led by the Deputy Speaker of parliament L.Tsog, held an extended meeting at the Federation Council Committee on Agriculture, Land tenure, Natural resources and Environment protection of Russian Federation in the frame of the visit.

Five More Projects To Be Implemented In Mongolia Under Japanese Government Programme

ULAANBAATAR (Mongolia), Nov 21 (Bernama) -- Japanese Ambassador to Mongolia, Takenori Shimizu on Wednesday approved five projects to be implemented here under Japanese government financing, Mongolia's MONTSAME news agency reported.

Mongolia state broadcaster gets new playout software

Mongolia’s state-funded broadcaster has ordered new audio automation systems from French software house NETIA.

Hareon Solar Plans $1.6 Billion of Solar Farms in Inner Mongolia

Hareon Solar Technology Co. (600401), a Chinese maker of solar panels, plans to invest 10 billion yuan ($1.6 billion) in 1 gigawatt of solar power projects in China’s northern province of Inner Mongolia.

Petro Matad eyeing two drill targets

Mongolian oil explorer Petro Matad (LON:MATD) expects to identify at least two drilling locations from its recent 2D seismic acquisition.

Petro Matad Limited : Operational Update

Petro Matad Limited ("Petro Matad" or the "Company") Operational Update and participation in Hong Kong conference

Myanmar invites Mongolia to make investment in country

Myanmar has invited Mongolia to make investment in various sectors of the country following the enactment of new Foreign Investment Law, state media reported Thursday.

Myanmar, Mongolia issue joint statement on bilateral relations

Myanmar and Mongolia issued a joint statement Thursday as Mongolian President Tsakhiagiin Elbegdorj ended his three-day state visit to Myanmar.

Wednesday, November 20, 2013

Proudly mongolian

Schools in the Inner Mongolia autonomous region are giving students from the Mongolian ethnic group the opportunity to be taught in their mother tongue. Wang Kaihao reports in Bayannur, Inner Mongolia.

Mongolia's Central Bank Predicts Economic Rebound

HONG KONG—Mongolia's economy is set to rebound in 2014, the country's central bank governor said Tuesday, even though foreign investment flows have slowed because of the continuing weakness in coal and copper prices.

Eg River Hydroelectric Power Plant construction approved

During the regular cabinet meeting on November 14, the construction of a 220 MW hydroelectric power plant at Eg River was discussed and members approved the task group that undertake the project construction.

Mongolia to introduce Digital Television System by July 2014

-Digital Television aerials installed at 89 locations across Mongolia-

President of Mongolia : The Chief of Staff of the President of Mongolia is participating in the World Economic Forum’s Summit on the Global Agenda

THE OFFICE OF THE PRESIDENT OF MONGOLIA, PUBLIC RELATIONS & COMMUNICATIONS DIVISION The Chief of Staff of the President of Mongolia is participating in the World Economic Forum's Summit on the Global Agenda

EBRD - European Bank for Reconstruction and Develo : Mongolia supports SMEs with e-Procurement

Deputy Prime Minister Terbishdagva to meet with top procurement experts

The Four Corners of Mongolia: November's Armchair Travel at the Coronado Senior Center

The Monthly Armchair Travel has established itself as a successful event at the Coronado Senior Center.

Mongolia sees return to 17% growth next year

Mongolia’s economy is set to return to strong growth next year, the Asian nation’s central bank governor said November 19.

Mongolia's new law expected to attract Chinese billions

Mongolia's new law is expected to encourage billions of dollars of Chinese investments, said speakers at the Mongolia 2013 Investment Summit in Hong Kong yesterday.

Viking Ashanti brings Mongolian coal developer into its fold

PERTH ( – Junior gold developer Viking Ashanti has announced a merger with emerging coal developer Auminco Mines.

PLA tested superguns in Inner Mongolia desert: report

Satellite images indicate that China's People's Liberation Army tested two unusually large artillery pieces at a test center for armor and artillery in the desert region of Baotou in Inner Mongolia between two and three years ago, according to an article by Sean O'Connor, a retired intelligence analyst of the US Air Force for the UK-based Jane's Defense Weekly on Nov. 14.

BRIEF-Hareon Solar to invest in Inner Mongolia power project worth around 10 bln yuan

Nov 20 (Reuters) - Hareon Solar Technology Co Ltd

Tuesday, November 19, 2013

Inspection reveals pollution problems

Official inspections in key air pollution areas have revealed various problems including excessive industrial emissions, inadequate waste processing and severe pollution on the land.

Erdene Resource Development (T.ERD) completes trenching program on Mongolia project, soars 55%

Erdene Resource Development Corp. (TSX: T.ERD, Stock Forum) reported significant gold and silver results from the first phase of trenching that was completed earlier this month at the company's Altan Nar gold-polymetallic project in southwest Mongolia.

Modun Resources study returns US$11.50/t cost at Nuurst coal project

Modun Resources (ASX: MOU) has submitted a Feasibility Study for the Nuurst thermal coal project in Mongolia that highlights its low production costs – estimated at US$11.50 per tonne of raw coal.

Japanese films shown at Urguu cinema

Japanese films will be shown at Urguu cinema-2 from today, November 18th, to November 22nd 2013, as part of a film event.

President of European Commission receives honorary doctorate from NUM

At the invitation of the President of Mongolia Ts.Elbegdorj, the President of the European Commission, Josй Manuel Barroso, paid an official visit to Mongolia between November 17th and 18th, 2013.

President to build East Asian cooperation

Today President Ts.Elbegdorj departed to conduct state visits in East Asian countries including Myanmar, Vietnam and Singapore between November 18th and 29th, 2013.

Astronomical Observatory "Khurel Togoot" open to public

The Research Center of Astronomy and Geophysics of the Mongolian Academy of Science is holding a number of public events from today until next Friday to mark the “Day for Scientists”.

Chinese Giants Offer to Buy Rare Earth, Igniting Speculation over SRB Stockpiling

SHANGHAI, Nov. 18 (SMM) -

Myanmar, Mongolia sign mutual visa exemption agreement

Myanmar and Mongolia Monday signed an agreement on mutual visa exemption for holders of diplomatic and special passports, state radio and TV reported.

China's Inner Mongolia finds 2.2 mil mt copper reserves in three years

Hong Kong (Platts)--19Nov2013/453 am EST/953 GMT

Monday, November 18, 2013

Policy-less governance

The second “Metals Mongolia” conference on mining investment was held this month in Ulaanbaatar.

BGU, Chinese firm to create desert research institute in Mongolia

Ben Gurion University recently signed a memorandum of understanding with China's Elion Resources Group to create a research institute for combatting desertification in Mongolia, the university announced on Sunday.

Local veterinarian shares Mongolia teaching experiences

Sandwiched between China and Russia, Mongolia is the most sparsely populated country on the planet, with just 3 million people. But it’s also home to 48 million livestock.

Modun Resources study returns US$11.50/t cost at Nuurst coal project

Modun Resources (ASX: MOU) has submitted a Feasibility Study for the Nuurst thermal coal project in Mongolia that highlights its low production costs – estimated at US$11.50 per tonne of raw coal.

Mongolian President Stuns N.Koreans with Freedom Call

Mongolian President Tsakhiagiin Elbegdorj last month stunned North Korean elite students at Kim Il-sung University by telling them, "No tyranny lasts forever."

Chinese Rare Earth Giants Offer to Buy Rare Earth, Igniting Speculation over SRB Stockpiling

SHANGHAI, Nov. 18 (SMM) -

Mongolian defense minister meets with Wang Guanzhong

ULAN BATOR, November 15 (ChinaMil) -- Dashdembereliin Bat-Erdene, Mongolian defense minister, met with Wang Guanzhong, the visiting deputy chief of general staff of the Chinese People's Liberation Army (PLA), on November 14, 2013 at Mongolia's State Palace.

Opening of EU Film Festival

Black Box Theatre, Ulaanbaatar, Mongolia

17 November 2013

Friday, November 15, 2013

Origo Partners PLC : Interim Management Statement

13 November 2013

Origo Partners PLC

Interim Management Statement



The cost of Rio's Mongolian impasse

The rights issue announced by Turquoise Hill to refinance maturing Rio Tinto-provided funding for the giant Oyu Tolgoi copper-gold project says pretty clearly that Rio has yet to resolve the impasse with the Mongolian government over the cost and nature of the $US5 billion underground development of the mine.

Mongolian president to visit Myanmar

Mongolian President Tsakhiagiin Elbegdorj will pay a state visit to Myanmar soon, according to an official announcement Friday.

Turquoise Hill prepares USD2.4 billion rights offer for Mongolia mine

Turquoise Hill Resources Ltd announced its intention to proceed with a USD2.4 billion share offer for copper mine Oyu Tolgoi.

Turquoise Hill halts work at copper mine

Turquoise Hill Resources has suspended work on development of the underground copper mine at Oyu Tolgoi after the Mongolian government said financing for the project would require parliamentary approval.

Mongolia Parliament Rejects Bill to Raise Country’s Debt Ceiling

Mongolia’s parliament blocked a bill to raise the debt ceiling, a move that could limit the government’s ability to raise money for infrastructure needed to develop the mining sector. 

Thursday, November 14, 2013

Loro Piana eyes future after LVMH tie-up

Loro Piana, an Italian luxury textiles maker and fashion house, is so particular about its materials that it's bought its own natural reserve in the mountains of Peru to protect the vicuna, an endangered species that yields a precious wool.

Critically Endangered Przewalski's Foal Born at Animal Park in England

England's Port Lympne Wild Animal Park has announced the birth of a Przewalski's foal. The species is incredibly rare, and is just now making a comeback after having been declared extinct in Mongolia back in the 1970s.

RPT-Fitch Affirms Mongolia's Khan Bank and XacBank at 'B'; Outlook Stable

Nov 14 (Reuters) - (The following statement was released by the rating agency)

Michelmores extends international credentials in Mongolian bank deal

Leading law firm Michelmores’ London office has advised private equity groups Bamboo Finance and Triodos Investment Management on the sale of a significant stake in Tenger Financial Group (TFG) to a consortium led by Japanese bank ORIX Corporation and which included the International Finance Corporation and Mongolyn Alt Corporation.

EBRD - European Bank for Reconstruction and Develo : EBRD supports Mongolia’s leasing sector with US$ 3m loan in tugrik to XacLeasing

The loan will be used to finance leases to SMEs in need of equipment and machinery

Mongolian Northern Railways Uses Trimble Quantm Alignment

SUNNYVALE, CA, Nov 13, 2013 – Trimble announced today that its Quantm alignment planning system was used for route optimization on the Mongolian Northern Railways project from Ovoot to Erdenet. Quantm was selected to investigate alignment alternatives by Aspire Mining and their appointed consultants, SMEC International, on the 547-kilometer coal freight rail pre-feasibility study.

Mongolia's wealthy politicians

The median net worth of members of the US Congress – 435 representatives and 100 senators – is a comfortable $440,000, more than six times the wealth of your average American household.

Royal Roads grads assist Mongolian small business

Five Royal Roads University graduates are heading to Mongolia to lend their expertise to small business in the south Gobi region.

Entree Gold Reports on Third Quarter 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 13, 2013) - Entrée Gold Inc. (TSX:ETG)(NYSE MKT:EGI)(FRANKFURT:EKA) ("Entrée" or the "Company") has today filed its interim operational and financial results for the third quarter ended September 30, 2013.

Polish defense delegates to visit Mongolia

Defense delegates from Poland lead by the Polish Under-Secretary of State for the Ministry of Defense, Robert Kupiecki, are making an official visit to Mongolia between 12th and 14th November, 2013.

South Korean money laundering in Mongolia comes to light

Local newspapers have reported that the Economic Crime Combat Division of the Criminal Police Department have brought down a South Korean mafia money laundering operation in Mongolia.

President initiates a National consultative meeting

President Elbegdorj Initiates a National Consultative Meeting “From a Big Government to a Smart Government”.

Wednesday, November 13, 2013

Mogul Entrepreneurs: The Appetite of Genghis Khan

Some entrepreneurs have the vision and drive to build an empire with the same force and determination as Genghis Khan.

Entree Gold Inc. (EGI) - Metals and Mining - Deals and Alliances Profile - New Market Report

13.11.2013 00:18:32 - New Materials market report from GlobalData: "Entree Gold Inc. (EGI) - Metals and Mining - Deals and Alliances Profile"

Mongolia Energy Corporation Limited : Breach of the SF Convertible Note

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.

Foreign Minister receives Thierry Mariani

The Minister of Foreign Affairs of Mongolia L.Bold received Thierry Mariani, the Special Representative for Central Asia from the Organization for Security and Co-operation in Europe Parliamentary Assembly (OSCE PA) on November 12th.

Tuesday, November 12, 2013

Ariel Levy's Story of Her Miscarriage Will Break Your Heart

In this week's issue of the New Yorker, a story by staff writer Ariel Levy details her experience traveling to Mongolia while pregnant—and losing her baby to a miscarriage.

Mongol herders in rights storm

Six ethnic Mongol herders stand trial tomorrow in Inner Mongolia after trying to defend grazing land from being seized by a forestry firm, in a case that renews attention on rights abuses and the environment in the resource-rich region.

Vinecki completes seven-continent quest

Over the summer we brought you the story of Winter Vinecki, the teenager with the goal of becoming the youngest person to run a marathon on seven continents.

Development Foundation of Culture and Art- 2013 exhibition

The Development Foundation of Culture and Art- 2013 photo, film and video exhibition opened at the Mongolian National Modern Art Gallery on November 5.

Sentosa Mining Ltd : 12th Nov 2013: First Round of Drilling Completed at Darvii Naruu Mongolia

12 November 2013 ASX ANNOUNCEMENT First Round of Drilling Completed at Darvii Naruu Mongolia

Monday, November 11, 2013

3-day Unifest begins at Maharshi Dayanand University

ROHTAK: The three day Inter-Zonal Youth Festival of Maharshi Dayanand University (MDU) UNIFEST-2013 commenced here on Friday with scintillating dance and music performances, and creative literary, artistic expression of participating students.

Turquoise Hill to Restate Results After SouthGobi Reviews Sales

Turquoise Hill Resources Ltd. (TRQ), the Rio Tinto Group unit that produces copper in Mongolia, said it will restate three years of financial results after a subsidiary decided to change the way it recognizes revenue.

SouthGobi Resources to restate results for past 3 years

Nov 8 (Reuters) - Coal miner SouthGobi Resources Ltd , controlled by Rio Tinto, said it would restate results from 2011 through 2013 because of an error in the way it booked revenue from coal sales at its Ovoot Tolgoi mine in Mongolia.

Mongolia rescinds 106 exploration licenses

Criminal legal proceedings against former government officials in Mongolia have resulted in the cancellation of 106 mineral exploration licenses in the country.

SouthGobi Resources to restate results for past 3 years

TORONTO ( – Mongolia-focused coal miner SouthGobi Resources on Friday said it would restate its financial results from 2011 to 2013, because of a change in the point of revenue recognition at its Ovoot Tolgoi mine.

Serbia and Mongolia sign visa liberalization deal

BELGRADE -- Serbian FM Ivan Mrkić and his Mongolian counterpart Luvsanvandan Bold signed in Belgrade on Friday an agreement on visa liberalization.

Direct Ulan Bator-Erenhot Flight to Launch

China's Capital Airlines will open a direct air route next Thursday between Mongolia's capital city of Ulan Bator and Erenhot City in north China's Inner Mongolia Autonomous Region.

Mongolia has much to offer tourists

This is the second part of Janet Landfried’s series of columns on a trip to China and Mongolia.

Mongolia is not flat

Thomas Friedman, a world renowned author, famously declared, “The world is flat.”

Mongolia gears up for the fight of its mining life

On November 3 Mongolia's new, friendlier foreign investment law came into force.

Serbia and Mongolia sign agreement on visa abolishment

Serbia's Minister of Foreign Affairs Ivan Mrkic and his Mongolian counterpart Luvsanvandan Bold signed the Agreement on the abolishment of visas which enables a free movement of persons and improvement of business cooperation between the two countries.

Ergun wetland in Inner Mongolia, one of the largest in Asia

The Ergun wetland in North China's Inner Mongolia autonomous region is one of the largest in Asia. Belonging to Hulunbuir, Inner Mongolia, it takes about 3 hours' driving from the city to Ergun wetland.

Friday, November 8, 2013

Passion for horses will take her to Mongolia

A lifelong horse enthusiast from southern Chester County has been selected as one of a handful of Americans to ride in the 2014 Mongol Derby, a grueling, 1,000-kilometer (621 mile) trek across Mongolia.

Consolidation Services Inc Announces the Board Appointment of Former IFC World Bank Official, Hieronymus Niessen

The Company is continuing to build an international team and operational capabilities for its wholly owned subsidiary Mongolia Equipment Rental Corporation, the exclusive Hertz Equipment Rental franchisee for Mongolia.

Undur Tolgoi to Acquire Mongolian Road Construction Company

ULAANBAATAR, MONGOLIA -- (Marketwired) -- 11/07/13 -- Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (CNSX:UTM) is pleased to announce that it has entered into an agreement to acquire, through its wholly owned British Virgin Island-registered subsidiary, Jucca Holdings Ltd., a 100% interest in Great Hoard Holdings SARL, a Luxembourg entity that holds a 75% of the share capital of Ashid Munkhiin Zam LLC ("AMZ"), a Mongolian company, in an exchange for 5,363,636 newly issued shares of UTM. AMZ holds road construction, repair and maintenance permits. AMZ intends to seek road construction contracts and tenders in Mongolia.

Kincora Provides an Update on Golden Grouse Licenses

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/06/13 -- Kincora Copper Limited (the "Company", "Kincora") (TSX VENTURE:KCC) has today received official notification from the Mineral Resources Authority of Mongolia ("MRAM") advising that 106 mineral exploration licenses, including 15075X (Tourmaline Hills) and 15076X (North Fox) wholly owned by Kincora's subsidiary company Golden Grouse LLC, have been revoked.

Mongolia's new investment rules to spur mining sector development: miners

Melbourne (Platts)--8Nov2013/315 am EST/815 GMT

Thursday, November 7, 2013

Aspire Mining poised to benefit: "Mongolia open for business"

Aspire Mining (ASX: AKM) will gain a filip from the Mongolian Government’s new legislation that clearly signals the country is open for foreign investment.

The Englishman looking to take the Mongolian Premier League by storm

Paul Watson has proven in the past that he doesn’t shirk a footballing challenge.

Kincora Copper has two Mongolian exploration licences revoked

Junior copper and gold explorer Kincora (CVE:KCC) revealed it has had two exploration licences revoked by the Mongolian authorities but its flagship Bronze Fox is in good standing.

Foreign investors cry foul as Mongolia revokes mine licenses

Nov 7 (Reuters) - Mongolia has annulled more than 100 exploration licenses as part of an investigation into mining sector corruption, raising further concerns among foreign investors about the risks of doing business in there.

Kincora Receives Exploration License Revocation Notification from Mineral Resources Authority of Mongolia

Kincora Copper Limited (the "Company", "Kincora") has today received official notification from the Mineral Resources Authority of Mongolia ("MRAM") advising that 106 mineral exploration licenses, including 15075X (Tourmaline Hills) and 15076X (North Fox) wholly owned by Kincora's subsidiary company Golden Grouse LLC, have been revoked.

Wednesday, November 6, 2013

ChTZ- URALTRAC to deliver a one-of-a-kind loader to Mongolia


Govi-Altai to host Camel Festival

The 8th Camel Festival in the Gobi Desert will take place in Bayantooroi village in Tsogt sum, Govi-Altai aimag on November 9th and 10th, 2013.

Culture Minister orders use of traditional Mongolian script

The Reform Government of Mongolia re-structured the Ministry of Culture, Sport and Tourism when it was formed last year.

Families of political victims demand compensation

The families of the victims of political persecution who were expected to be executed during the height of political persecution in Mongolia from 1937-1939 held a press conference in Ulaanbaatar on November 4th, 2013.

Foreign Minister to visit Serbia

The Minister of Foreign Affairs of Mongolia L.Bold is to make an official visit to the Republic of Serbia on the invitation of Serbian Foreign Minister Ivan Mrkić on November 8th and 9th.

World Bank Group : The World Bank Urges Mongolia to Tighten Economic Policies toward Economic Stability

Ulaanbaatar, November 6, 2013 - In its newly released semi-annual Mongolia Economic Update, the World Bank said that the persistent large balance of payments imbalance is a key challenge to the Mongolian economy.

Petro Matad data acquisition on track, exploration director to leave

Oil explorer Petro Matad (LON:MATD) has acquired over half of the 200Km of 2D seismic earmarked for its licences on Blocks IV and V in Mongolia.

Tuesday, November 5, 2013

Mongolian coal mine resumes operations

Suspended since July 2012, the Ulaan Ovoo thermal coal project in northeastern Mongolia is up and running again.

Mystery Dinosaur Finally Gets a Body

An enigma for decades, a giant dinosaur known only for its brawny arms actually towered over the local tyrannosaurs, paleontologists report.

“Order of Chinggis Khaan” given to 14th Prime Minister of Mongolia

Today the State Highest Prize ceremony is taking place at the Ceremonial Hall of the Government House due to the celebration of National Pride Day, the 851st anniversary of the birth of Chinggis Khaan.

Mongolian passport holders can travel without a visa to 16 countries

The cabinet meeting held on Saturday featured the topic of visa related issues specifically those regarding Poland, Serbia and Columbia.

Burkhan Khaldun announced as National heritage site

The Government of Mongolia has publicly announcement that the Burkhan Khaldun Mountain, from this “National Pride Day on November 4th, is registered as a National heritage site.

‘New Works’ exhibition

Art Merit Worker, Honorary Artist of the Union of Mongolian Artists, and painter Ya.Oyunchimeg will share her new work at Tsagaandarium Art Gallery from November 2 to 16.

Specialist Travel Company, Panoramic Journeys, Celebrate Tenth Birthday

Charlbury, Oxfordshire -- (SBWIRE) -- 11/05/2013 -- Established in 2003, specialist travel company, Panoramic Journeys, have recently celebrated their tenth birthday.

Mongolia revises its regulatory framework for foreign and domestic investment

Further to the recent client note on the proposed amendments to the investment regime in Mongolia, on 3 October 2013 Parliament approved the Law of Mongolia on Investment along with other supporting amendments.

Saturday, November 2, 2013


Upon landing in Ulaanbaatar, I wasn’t surprised to learn that Mongolian barbecue is not Mongolian at all. Genghis Khan didn’t feed his army on stir fry.

International trade specialist sets scene for Explore Mongolia seminar

JONATHAN Webber, Head of UKTI’s International Trade team Birmingham, explains why Herefordshire and Worcestershire firms should attend an upcoming Explore Mongolia seminar.

Mongolia's loosening of foreign investment restrictions will open up natural resources sector, says expert

Mongolia's new foreign investment law will reduce restrictions on investors, particularly in the mining sector, an expert has said.

Chinggis Khaan’s 851st birthday to be celebrated on November 4

Mongolian legislators have agreed to mark the birthday of Chinggis Khaan on the first day of the first month of winter through the Lunisolar Calendar, and approved it as a national holiday.
This year, the day will be celebrated on Monday, November 4.

Ministry provides update on mining plans and current statistics

The Ministry of Mining (MM) reported that it expects Mongolia to extract around 131.4 million tons of coal each year on average until 2032 and export 94.9 million tons of coal each year.

G.Oyunbayar: Mongolia has already proven that it can produce computers domestically

Although not many are aware, computers were first introduced to Mongolia as far back as 1973. The modern world cannot be imagined without computers, which are used from moment to moment and now come in various sizes, shapes and forms.

B.Bilguunzaya: My friend taught me to drive a bike in London

The following is a translation of an interview by the Dailynews, Mongolian newspaper, with the motorcyclist, B.Bilguunzaya, who traveled to over 17 countries during her more than 20 thousand km motorcycle trip from London to Ulaanbaatar.

North Korea, Mongolia agree on annual foreign ministers' talks

SEOUL, Nov. 1 (Yonhap) -- North Korea and Mongolia signed cooperation agreements on economic and cultural fields and agreed to hold annual talks between their foreign ministers, the North's media said Friday.

The Girl in the Red Sweater

Through God’s provision, a young girl in Mongolia received heart surgery through Children’s Heart Project. Since then, she has been part of a Christian awakening around her home.

Mongolia's ResCap Securities Live on NRI/Omnesys/GII Platform

Nomura Research Institute's Financial Technologies India (NRI FT India) division has partnered with Omnesys Technologies and Global Investment Initiative (GII) to build and modernize financial and trading infrastructure in the Mongolian marketplace via a front-to-back brokerage system.

Friday, November 1, 2013

Mongolian exchange student follows dreams at Western

Batu Dashnyam could feel the heat from the concrete seeping through his flip-flops on the walk to the store.

Military aircraft carrying dozens of British and US military personnel stranded in Siberia after 'emergency landing'

A surveillance plane carrying 30 US and British military personnel is stranded in Siberia after making an 'emergency landing'.

Dacheng launches into Mongolia

Dacheng has become the latest foreign firm to set up a base in Mongolia’s capital Ulaanbaatar.

President ends state visit to the DPRK

President of Mongolia, Ts.Elbegdorj ends up the state visit to the DPRK on October 31st.

Benj brings the bling home

"Mongolian Bling" has been a labour of love for Benj for several years - inspired by his time spent working as a tour guide on the Trans Siberian Railway, it's about modern Mongolia, as seen through the prism of the local hip hop music scene and the stories of the rappers that inhabit it.

Oyu Tolgoi confident disputes can be resolved at its Mongolian mine

The Rio Tinto managed Oyu Tolgoi says its confident that disputes which have stalled the construction of the giant copper and gold mine in Mongolia can be resolved.

China's first coal-to-gas project completed

The first phase of a coal gasification project in northern China is complete and will start to supply gas to Beijing at the end of this year.

Amazing view of 3 suns in N China's sky

(ECNS) -- Residents in Weichang Manchu and Mongol autonomous county, Chengde city, Hebei province, witnessed a fantastic view of three suns in the sky on Friday morning.

Why Kim Jong Un Snubbed Mongolia’s President

Mongolia’s president had a busy four days in North Korea this week, meeting various officials and zipping around to Kim Il Sung University, a Pyongyang theater, the Munsu water fun park, the border with South Korea and Kim family mausoleum, among other places.