Mongolian Economy and Finance

April 29, 2010, 3:22 AM EDT By Rebecca Keenan April 29 (Bloomberg) -- Hunnu Coal Ltd., an Australian company developing coal mines in Mongolia, is studying the sale of shares in Hong Kong next year to fund new operations.

Today we are to consider the Internet and e-commerce infrastructure of a landlocked country located in East and Central Asia, Mongolia. The country, that has its capital in Ulaanbaatar, borders Russia to the north and the People's Republic of China to the south, east and west, although Mongolia does not share a border with Kazakhstan. Mongolia represents the 19th largest and the most sparsely populated independent country in the world, with a population of slightly over 3 million people. Mongolia's economy is focused on agriculture and mining. Mongolia has rich mineral resources, and copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production.

Posted: 29 April 2010 0235 hrs  BEIJING: China's Premier Wen Jiabao on Wednesday called for greater economic and trade cooperation with Mongolia, during talks with the landlocked Asian nation's president, state press said.

* Halts issuance and transfer ofmineral licenses * President calls for new law on mineral licenses

          Meritus Minerals Ltd MER 4/26/2010 11:15:07 AM   Apr 26, 2010 (TheNewswire.ca via COMTEX News Network) -- (via Thenewswire.ca) 2010-04-26 Mr Terry Bates reports, Vancouver, British Columbia: Meritus Minerals Ltd (Meritus),(TSX-V.MER) is pleased to announce that the Mongolian Government has approved the acquisition of Troy Resources Ltd's. (Troy),(TSX- TRY) subsidiary in Mongolia by Meritus as stated on 20/1/2010.

Ch. Khashchuluun: It’s possible that oligarchs will compete for Tavan Tolgoi The government is working to complete Tavan Tolgoi project for the introduction to the Parliament. Also, the government head much earlier expressed his views on the ownership of how to exploit the deposit. Meetings on how foreign companies can participate in this project have been organized one after another and the government decision is being waited. Ch. Khashchuluun, the head of National Development and Innovation Committee has been invited for the interview regarding how national companies can participate in Tavan Tolgoi project and in what requirement they will be selected.

ULAN BATOR, Apr. 24, 2010 (Xinhua News Agency) -- Mongolia and the Republic of Korea on Saturday signed a cooperation agreement to build a waste recycling plant in the Mongolian capital city.

PYONGYANG, April 22 (Xinhua) -- Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK), met with Gombojab Zandanshatar, minister of Foreign Affairs and Trade of Mongolia, here on Thursday to discuss relations between their two countries.

TORONTO, ONTARIO--(Marketwire - April 21, 2010) - Khan Resources Inc. (TSX:KRI) ("Khan") announced today that its 58%-owned Mongolian joint venture subsidiary, Central Asian Uranium Company, LLC ("CAUC") has filed a formal claim in the Capital City Administrative Court in Mongolia challenging the legal basis for the notice received from the Mongolian Nuclear Energy Agency (the "NEA") purporting to invalidate CAUC's mining license 237A. The claim asserts, among other things, that the NEA has no legal authority to make a decision to invalidate the mining license and that the NEA's purported decision to do so violates the provisions of Mongolian law. CAUC is seeking a declaration of the Court that the NEA's purported action to invalidate the mining license is itself invalid. Khan's 100%-owned Mongolian subsidiary, Khan Resources LLC ("Khan Mongolia") is in the process of preparing and intends to file a similar claim on ...

The Italian company Loro Piana, known for some of the world's finest luxury cashmere, has opened a subsidiary in Ulaanbaatar both to establish long-term relationship with nomadic herdsmen and to monitor quality control.

 Written by Evan Girvetz Published on April 19th, 2010 Mongolia is currently in the midst of a major natural disaster that we’ve heard little about in the news, but that has already resulted in the death of 4.5 million livestock animals , 10% of the country’s livestock population.

By Elaine Moore Published: April 18 2010 17:42 | Last updated: April 18 2010 17:42 The fortunes of south-east Asian nations are becoming increasingly entwined with that of China, their powerful neighbour.

TSX.V - GMG VANCOUVER, April 15 /PRNewswire-FirstCall/ - Robert L. Card, President of Gulfside Minerals Ltd., ("Gulfside" or the "Company") (TSXV:GMG) is pleased to report that the Company has signed the final Earn-in Agreements ("EIA") with two private Mongolian companies to acquire 100% interest in two Mining Exploration Licenses which are located to the north and north east of its Black Hole and Onjuul projects and approximately 170 km south west of Ulaanbaatar in Mongolia.

By Peter Koven, Financial Post April 14, 2010 Canadian junior miner Khan Resources Inc. is caught in a geopolitical mess involving Russia, China and Mongolia. And even as the situation worsens, the company maintains that a planned Chinese takeover is still in the cards.

BEIJING, April 13 (Xinhua) -- Chinese Premier Wen Jiabao met with his Mongolian counterpart Sukhbaataryn Batbold here Tuesday, pledging to boost trade cooperation and overall relations.

Source: Asian Development Bank (ADB) Date: 12 Apr 2010 MANILA, PHILIPPINES - Isolated nomadic herder families in Mongolia who are struggling to survive amidst an unfolding natural disaster are to receive support from the Asian Development Bank's (ADB) Asia Pacific Disaster Response Fund.

If there was a competition to find the ugliest city on Earth, then the Mongolian capital of Ulan Bator would be the leading contender for the title. The combination of grim, Soviet-style concrete high-rises, rambling slum-shanties and towering coal-fired power plants belching out smoke over the city reeks of the depression and decay that was a legacy of decades of communist rule.

* Sees vast potential to expand existing resource base * Plans to more than double worth of in-situ resources

08:12, April 08, 2010 Mongolian President Elbegdorj Tsakhia met with Portuguese Foreign Minister Luis Filipe Marques Amado on Wednesday and they discussed bilateral relations.

TORONTO, ONTARIO -- (Marketwire) -- 04/06/10 -- CNNC Overseas Uranium Holding Ltd. ("Offeror") and Khan Resources Inc. ("Khan") (TSX: KRI) jointly announced today that the Offeror has extended its offer to acquire all of the outstanding common shares of Khan at C$0.96 in cash per share (the "Offer"). The notice of extension being sent to Khan shareholders amends the Offer dated February 25, 2010 to extend the expiry date from 5:00 p.m. (Toronto time) on April 6, 2010 to 5:00 p.m. (Toronto time) on May 25, 2010.

2010-04-03 02:40pm   Mongolia has become the latest nation to contribute troops to the NATO-led mission in Afghanistan.

April 01, 2010: 03:00 AM ET Red Hill Energy Inc. ("Red Hill") (TSX VENTURE: RH) and Prophecy Resource Corp. ("Prophecy")(TSX VENTURE: PCY)(OTCBB: PCYRF)(FRANKFURT: 3P1) announced today that it has awarded a contract to commence a ten drill hole, 2,200 metre resource expansion drilling program in early May, 2010 at its Chandgana Khavtgai Coal Project located in the Nyalga Coal Basin central eastern Mongolia. This is the largest exploration program performed to date by Red Hill with the full support of Prophecy Resource Corp, Red Hill's proposed merger partner (please see joint Prophecy and Red Hill March 4, 2010 news).