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Showing posts from August, 2011

Ts. Shinebayar creates new party

Ts. Shinebayar, a Member of Parliament and former deputy in the MPRP, has announced that he has established a new party called the Khamug Mongol Labor Party.

Report: Mining has damaged nearly 4,000 hectares

The Mineral Resources Authority has released a report on mining’s environmental impact and the results are worse than expected.

VICE MINISTER GIVES INTERVIEW TO CHINESE MAGANIZE

Ulaanbaatar, Mongolia /MONTSAME/ Ch.Jargalsaikhan, the Vice Minister of Tourism and Environment has held a meeting with a crew of reporters of the “DEEP” leading tourism magazine of China to give an interview on the present situation and the development trends of the tourism industry in Mongolia.

British judge to visit Mongolia

There are reports that a British judge will visit Mongolia in connection with the case of B. Khurts, the Chief of Administration at the National Security Council who has been charged with abduction and dangerous bodily harm in Germany.

Human Development Fund to give each student MNT 500,000

At today’s meeting of the Cabinet it was decided that each university, institute, correspondence, and evening course student in Mongolia will receive a MNT 500,000 grant for tuition fees from the Human Development Fund.

REPRESENTATIVES OF BANGKOK VISITING ULAANBAATAR

Ulaanbaatar, Mongolia /MONTSAME/ Thai representatives led by Suthichai Virakulsantorn, the chairman of the Bangkok city assembly are visiting Ulaanbaatar, at an invitation of T.Bilegt, the chairman of the city's Citizens Representatives Khural.

President will visit USA and Premier to visit Russia

There have been many state and official visits to Mongolia this month. President of India, President of South Korea, Vice President of the U.S have all paid visit to Mongolia followed by the current visit of President of Finland.

Korea Development Bank to run Development Bank of Mongolia

The South Korean Development Bank will manage the Development Bank of Mongolia under the terms of an agreement signed yesterday at the Government House in Ulaanbaatar.

Mongolia's Failed Uranium Mining Policy

(SBU) SUMMARY: On February 1, 2010, Canadian uranium exploration company Khan Resources (KR) announced its intent to accept an offer from the Chinese National Nuclear Corporation (CNNC) to buy controlling interest in KR through the purchase of shares.

Aussie coal prices soften after cut in steel production, higher coal buys by large purchasers from Mongolia

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KOLKATA | MUMBAI: A cut in production by steel producers and higher purchases of coking coal by large countries, from Mongolia, has led to a softening of benchmark coal prices from the traditional coal producing country, Australia.

Mongolia Said to Plan Three-City IPO for Tavan Tolgoi Next Year

(Updates with Mongolia’s stock market performance in sixth paragraph.)

Korean Wave Spreads to Banks in Mongolia

Korea's strong economic influence in Mongolia has expanded into the banking sector.

Sumo champ's big business plans

(CNN) -- Dolgorsuren Dagvadorj a big man with big ambitions.

Outotec collaborates with the Mongolian government to develop mining and metallurgical processing of Mongolian mineral resources

OUTOTEC OYJ PRESS RELEASE, AUGUST 31, 2011 AT 9.00 AM

Mongolia’s First Private Equity Fund Plans Debut Investment in October

Mongolia ’s first private-equity fund, started by a former Uniqlo executive, plans to make its debut investment by the end of October, betting on growth in the country’s mining industry.

Mongolia Seeks Coking-Coal IPO in Three Cities

HONG KONG—Mongolia aims to list simultaneously in three cities the company that controls one of the world's largest coking-coal deposits, people familiar with the matter said Wednesday.

The mining sector’s two biggest risks: country risk and resource nationalism

Today many governments are looking at ways to get more money from miners as companies report record profits.

Peabody/ArcelorMittal bet on steel growth

(Reuters) - The world's biggest steelmaker and America's largest coal producer could pay top dollar for Australia's Macarthur Coal ( MCC.AX ), but they are likely to reap a benefit if the surging Asian steel business keeps growing.

Voyager Resources reveals stunning copper intersections in Mongolia

Voyager Resources' (ASX: VOR) drilling program in Mongolia just took on new dimensions - intersections of 84 metres at 3.2% copper and 9.7 g/t silver are just the start.

No nuke waste to be buried in Mongolia

A journalist spoke with M. Batchimeg, the president’s national security adviser, about nuclear waste and other issues.

Kincora Copper Acquires Outstanding 25% of Bronze Fox and Provides Exploration Update

VANCOUVER, BRITISH COLUMBIA, Aug 30, 2011 (MARKETWIRE via COMTEX) -- Kincora Copper Limited CA:KCC +17.39% (the "Company" or "Kincora Copper") - -- Kincora acquires outstanding 25% of Kincora Group Limited in exchange for 20% of Kincora Copper shares.

TPL Corporation to raise up to A$1.42m for Australian, Mongolian coal assets

TPL Corporation (ASX: TPL) will raise up to A$1.42 million through the placement of up to 78.9 million shares at $0.018 per share to identify and acquire underexplored and undervalued coal assets in Mongolia.

China, Mongolia Eye Closer Youth Exchanges

China and Mongolia look forward to closer youth exchanges during the visit of a Mongolian youth delegation.

Panhandle residents enjoying Mongolian products

A little bit of Mongolia was delivered to Chadron this month.

Small caps: Petro Matad’s backward steppe

Petro Matad tumbled 29.9 per cent to 55p after the explorer said testing of a well at its Davsan Tolgoi project in eastern Mongolia had failed due to mechanical problems.

Mongolia Said to Plan Three City IPO

Mongolia plans to seek between $2 billion and $3 billion in an initial public offering of its Erdenes Tavan Tolgoi mining company next year, and may simultaneously list the shares in London, Hong Kong and Ulaanbaatar, three people with knowledge of the matter said.

JCI president visits Mongolia

Kentaro Harada, the head of Junior Chamber International (JCI), visited Mongolia on August 27 and 28. JCI is a non-political and non-sectarian youth service organization.

Joint Mongolia-China conference taking place

A joint Mongolia-China conference on intellectual property is taking place in the Government building in Ulaanbaatar.

Gas and Pipeline Forum underway in Ulaanbaatar

The 12th Northeast Asia Gas and Pipeline Forum got underway at Khaan Palace in Ulaanbaatar on Sunday.

Ninja” miners form group to protect their rights

Unlicensed gold miners – known as “ninjas” – have formed an organization to protect their rights. They hope the group will improve their working conditions, as well as their relations with government officials.

GEOLOGICAL SCIENTISTS TO GATHER AT INT'L WORKING MEETING

Ulaanbaatar, Mongolia /MONTSAME/ The ninth international working meeting of the “North-central-eastern Asian solid geology structure or metallogenic” project will be organized by Mineral Resources Authority.

1km of railway will cost $2.5 million

In the scope of the project, new railways from Tavantolgoi to Sainshand (468 km), Sainshand-Khuut (450 km), Khuut-Choibalsan (155 km), Khuut-Numrug (380 km), Tavantolgoi-Gashuunsukhait (267 km), Nariinsukhait- Shiveekhuren (46 km) will be established.

Aussie coal prices soften after cut in steel production, higher coal buys by large purchasers from Mongolia

A cut in production by steel producers and higher purchases of coking coal by large countries, from Mongolia, has led to a softening of benchmark coal prices from the traditional coal producing country, Australia.

Race for resources – VP hails US growing ties on coal resource with Mongolia

AFP reported that US Vice President Mr Joe Biden has hailed the United States’ growing ties with Mongolia on a rare visit by an American leader to the Asian nation, which is opening up its vast coal reserves to foreign investors.

Ivanhoe up 23% in a week as Oyu Tolgoi news just gets better

Shares in Ivanhoe mines closed up just over 5% in Toronto on Monday outperforming the broader market and bringing the counter’s gains to 23.2% over the last week.

Upcoming flights to and from space station face delays

The failure of an unmanned Russian Soyuz booster during launch last week has thrown a wrench into International Space Station operations, with upcoming fights to and from the lab complex facing delays that likely will result in extended operations with a reduced crew of three, a senior NASA manager said today.

Indigenous Siberians: "Toxic" Russian space debris hit homeland

Moscow - Leaders of an indigenous Siberian ethnic group on Tuesday announced plans to sue over a recent failed Russian space shot that, they claim, scattered toxic rocket debris over their tribal homeland.

Mongolia - a laboratory for climate change

Mongolia, the little-known land sandwiched between China to the south and Siberia to the North is what one expert calls, "a laboratory for climate change".

ENVIDITY SUBMITS ITS APPLICATION FOR A UCG AGREEMENT TO THE MONGOLIAN GOVERNMENT

August 29, 2011, Ulaanbaatar – Timely action on the UCG Investment Agreement (fiscal stabilization agreement) between Envidity and the Mongolian government would bring our USD 1 billion Shivee Ovoo Coal Gasification and Gas to Liquids (“UGC/GTL”) project closer to realization.

CNPC and Mongolia sign memo for expanding petroleum co-operation in Ulan Bator

China National Petroleum Corporation, or CNPC, and Mongolia's Deputy Minister for Mineral Resources and Energy Ariunsan have signed a memo for expanding petroleum co-operation in Ulan Bator.

HH the Amir departs to Mongolia on private visit

KUWAIT, Aug 30 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah departed Tuesday to Mongolia on a private visit.

Halonen begins historic visit to Mongolia

President Tarja Halonen begins an official visit to Mongolia on Tuesday, the first-ever visit by a high-level Finnish official to the country.

Voyager Resources reveals stunning copper intersections in Mongolia

Voyager Resources' (ASX: VOR) drilling program in Mongolia just took on new dimensions - intersections of 84 metres at 3.2% copper and 9.7 g/t silver are just the start.

Drilling disappointment for Petro Matad

LONDON (SHARECAST) - Shares in oil explorer Petro Matad took a sharp dive after it reported disappointing testing results from its operations in eastern Mongolia.

Prophecy signs sale agreements for 92,000 tonnes of coal

Prophecy Coal Corp ( CVE:PCY ) announced Monday it signed several coal sales agreements with both Russian and Mongolian buyers, totaling 92,000 tonnes.

Mongolia's nomad president

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President Elbegdorj has walked in the steps of his country's history.

Mongolia's rapid growth masks its vulnerability

Mongolia's vast, sparsely populated, landlocked country offers a bonanza to miners that is fuelling double-digit economic growth, but is also exposing it to internal and external dangers.

New type of dinosaur was discovered in Umnugovi aimag of Mongolia

The Japanese Hayashibara Biochemical Laboratories, Inc. has announced that the dinosaur remains discovered in the territory of Umnugovi aimag in 2002 that were unknown up to date were belonged to the family of Pachycephalosaurus on August 25, 2011.

Abu Dhabi helps Mongolian falcon revival

BAYAN SOUM, MONGOLIA // On the road south to the Gobi desert, Gankhuyag Purev-Ochir cuts a left on to a spider web of dirt roads.

Mongolian Government to increase spending by MNT 92.6 billion

Finance Minister S. Bayartsogt says the Government will revise its current budget.

High Rare-Earth Prices Force Hitachi, Toyota to Find Alternative

Japanese rare-earth buyers are switching to quarterly sales contracts and looking for alternative sources after China curbed shipments, increasing prices for the materials used in hybrid cars and missiles.

'Mine-golia': Across the steppes, new wealth emerges

(CNN) -- On Oyu Tolgoi -- "Turquoise Hill" -- the biggest business venture in Mongolia is taking shape.

CIDA: Minister Oda Visits Mongolia

ULAANBAATAR, MONGOLIA, Aug 28, 2011 (MARKETWIRE via COMTEX) -- The Honourable Beverley J. Oda, Minister of International Cooperation has completed a fact-finding trip to Mongolia today, aimed at building greater cooperation between Canada and Mongolia.

Deepening friendly cooperation with China in interest of Mongolia: president

ULAN BATOR, Aug. 26 (Xinhua) -- As a common wish of the Mongolian government and its people, deepening the friendly cooperation with China is in the best interests of Mongolia, President Tsakhia Elbegdorj says.

B. Khurts extradicted to Germany, charged

The British government has announced that B. Khurts, Chief of Administration at the National Security Council, was extradited to German last Friday.

PREMIER MEETS ZHOU YONGKANG

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, August 24, the Prime Minister S.Batbold received Zhou Yongkang, a member of the Politburo Standing Committee of the Communist Party of China (CPC) and the Secretary of CPC Central Political and Legislative Committee.

CABINET BACKS PROJECT OF NEW RAILWAYS

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting held on Wednesday, August 24 discussed a draft project on new railway, and backed a technical and economic justification for the first and second phases of the railway construction which was reflected in the state policy on railways.

Technology adds realism to Khaan Quest lifesaving training

ULAANBATAR, Mongolia - This scene was experienced by Korean special operations service members with the Republic of Korea’s 21st Battalion, International Peacekeeping Force, during the the combat lifesaver course, the first of seven training phases they participated in during the field-training exercise portion of Exercise Khaan Quest 2011, at Five Hills Training Area near Ulaanbatar, Mongolia, Aug. 3.

Mongolia Recognizes SouthGobi Resources' COO, Curt Church, With Rare and Highest Award

HONG KONG, CHINA, Aug 25, 2011 (MARKETWIRE via COMTEX) -- SouthGobi Resources Ltd. CA:SGQ +0.22% (sehk:1878) announced today that Mongolia has awarded Curt Church, COO, the award of Altan Gadas (Order of the Polar Star) "in recognition of his contribution to developing the mining sector in Mongolia and bilateral cooperation between Mongolia and Canada in the field of mining."

Mining official says mining ban is bad for Mongolia

The Mongolian Parliament remains divided on a controversial law that prohibits mining operations in certain areas to protect the environment.

Government approves new roads plan

The Government approved a new roads plan at yesterday’s meeting of the Cabinet. Under the plan, more than 6,000 km of roads would be improved or built new.

TRAINED SPECIALISTS TO BE PROVIDED WITH WORKING PLACES

Ulaanbaatar, Mongolia /MONTSAME/ A cooperation contract called "Needs, training and job place" has been established in frames of the Year of Supporting Employment with aims to increase job places, to prepare specialists and to form a stability of cooperation.

CONSULTATIVE MEETING TO BE HELD BETWEEN CONSULAR DEPARTMENTS

Ulaanbaatar, Mongolia /MONTSAME/ The 13th consultative meeting of the Consuls at the Ministries of Foreign Affairs of Mongolia and China will take place on August 29-31 in Ulaanbaatar.

MONGOLIANS AND CZECH TO TRAVEL WITH VISA

Ulaanbaatar, Mongolia /MONTSAME/ According to a note delivered by the Republic of Czech, official passport owners will travel to Czech with visa from September 1.

VISIT OF CPC SENIOR OFFICER STARTS

Ulaanbaatar, Mongolia /MONTSAME/ An official visit of Zhou Yongkang, a member of the Politburo Standing Committee of the Communist Party of China (CPC) and the Secretary of CPC Central Political and Legislative Committee began on Wednesday, August 24 to Mongolia.

WORLD BANK: MONGOLIAN ECONOMY IS EXPERIENCING RAPID GROWTH

Ulaanbaatar, Mongolia /MONTSAME/ The Mongolian economy is experiencing rapid growth in 2011: the second quarter saw the economy growing at a whopping 17.3 percent year on year, compared to 9.9 percent in the first quarter.

PUBLIC SERVICE COUNCIL OF MONGOLIA TO COOPERATE WITH CANADA

Ulaanbaatar, Mongolia /MONTSAME/ D.Odbayar, the head of the Parliamentary standing committee on justice has held a meeting with Canadian lawyers and specialists led by Mrs. Maria Barrados, the President of Public Service Commission of Canada to talk about the development of cooperation between public service institutes of the two countries.

British Government confirms B.Khurts is extradited to Germany

The British government has announced that B. Khurts, Chief of Administration at the National Security Council, was extradited to German last Friday.

Tavantolgoi workers will announce strike

Over hundred workers of Tavantolgoi said they will announce strike in Umnugobi province. They called the daily press “Daily News” yesterday about their plan to strike.

Macmahon Holdings Named Preferred Contractor On Tavan Tolgoi

SYDNEY -(Dow Jones)- Australian construction group MacMahon Holdings Ltd. ( MAH .AU) has been awarded a preferred contractor status for part of Mongolia's massive Tavan Tolgoi mining project, in a joint venture with Germany'sBBM Operta Group, the company said Thursday.

China executes driver over death that sparked Mongolian protests

Beijing - China has executed a coal-truck driver for causing the death of an ethnic Mongolian herdsman, sparking protests across the Inner Mongolia region, according to a report seen on Thursday.

Mongolian yurts in Bedgebury Pinetum

TWO Mongolian yurts are going up in Bedgebury Pinetum for four weeks from next Friday, thanks to a unique partnership between the Forestry Commission and Green Circle Hideaways.

Macmahon confirms Mongolian contract

ENGINEERING contractor Macmahon Holdings today confirmed it has won a major contract in Mongolia.

Mongolia: enter the yurt

A rare opportunity for investors to invest in Mongolia outside its big natural resources companies comes with a foreign-run conglomerate involved in everything from real estate and cement to financial services and transport.

Steelmakers hunting for coking coal

BEIJING - Chinese steelmakers are scrambling to buy coking coal mines in Mongolia, China's largest supplier of the fuel.

Mongolian PM sees "golden era" for Mongolia-China ties

ULAN BATOR, Aug. 25 (Xinhua) -- Mongolian Prime Minister Sukhbaatar Batbold has said bilateral ties between Mongolia and China are entering a "golden era".

N. Korea reported ready to halt WMD tests

MOSCOW (AP) — North Korea is ready to impose a moratorium on nuclear missile tests if international talks on its nuclear program resume, a spokesman for Russia ’s president said Wednesday after talks between the two countries’ leaders at a Siberian military base.

Russian cargo ship lost in rare launch mishap

The upper stage of a Soyuz-U booster carrying an unmanned Russian Progress supply ship malfunctioned and shut down just over five minutes after launch today in Kazakhstan, sending 2.9 tons of space station supplies and equipment crashing back to Earth, NASA officials said.

'Rethink' in Mongolia provides an example of potential pitfalls

Experts warned that Chinese energy companies must conduct better risk assessments and strengthen communication with local governments when they explore overseas markets, after Mongolian President Tsakhia Elbegdorj said the country was rethinking development plans for the Tavan Tolgoi coal mine.

Ivanhoe Mines to Receive US$536 (C$529) Million From Rio Tinto's Exercise of Subscription Right

LONDON, ENGLAND — Ivanhoe Mines' (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) Chief Executive Officer Robert Friedland confirmed today that Rio Tinto has exercised its subscription right to acquire an additional 27,896,570 common shares of Ivanhoe Mines.

Rio Tinto ups stake in Ivanhoe

TORONTO (miningweekly.com) – Rio Tinto said on Wednesday it had paid C$529.5-million to lift its stake in Ivanhoe Mines by 2% to 48.5%.

Inner Mongolia, 21 Protestant leaders arrested

The pastors, members of unofficial churches, had gathered in Wuhai to decide on the summer activities. After the arrest, 6 were released for health reasons.

Equine Diplomacy

It is hard to recall a White House trip that has afforded more access to local color than Vice-President Biden’s Asia tour, which concludes today in Japan.

Mongolian Tax Administration introduces online system

The Mongolian Tax Administration has introduced a new online system for delivering tax bills and providing other services.

MNT 3.5 billion MNT spent to fight desertification

A center to fight desertification in Mongolia has opened in Rashaant soum in Bulgan aimag. Mongolia developed its first anti-desertification program in 1996, and updated it in 2003.

Mongolia: Readying for the rush

Massive mineral wealth is transforming the Mongolian economy as a whole, with mining-related foreign direct investment (FDI) driving strong growth and rapid modernisation.

Students to receive scholarships from Taiwan Fund

The Taiwan Fund will award 164 Mongolian students scholarships of MNT 400,000 each for the 2011-12 academic year at a ceremony at Jing Di restaurant in Ulaanbaatar today.

Advisers aim to improve tax collection in Mongolia

A working group that includes senior officials from the International Monetary Fund and the United States government met with officials from the General Taxation Office today.

China’s Security Chief Goes on Tour—How Is Asia Reacting?

Over the past week, as I’ve traveled across Asia, I’ve discovered an unlikely partner in my continental peregrinations: China’s security chief Zhou Yongkang.

MONGOLIAN SPORT TEAM RECEIVES OLYMPIC GAMES INVITATION

Ulaanbaatar, Mongolia /MONTSAME/ The President of the International Olympic Committee (IOC) Mr. Jacques Rogge is paying a visit to Mongolia.

Germany charges Mongolian spy with kidnapping

German prosecutors have charged a Mongolian spy over the kidnapping of a countryman in France who was then transported across Europe and sent back to his homeland.

INTERNATIONAL COMMAND-STAFF EXERCISE RUN HERE

Ulaanbaatar, Mongolia /MONTSAME/ The “MPAT-TE-20” international command-staff exercise is being co-organized by the General Headquarters of the Armed Forces of Mongolia and the U.S. Pacific Command on August 18-26 in Mongolia.

MONGOLIA TO BE GRANTED MNT 640 MILLION AID FROM JAPAN

Ulaanbaatar, Mongolia /MONTSAME/ In the frames of “Grassroot” grant program of Japan, financial assistance amounting USD 519,462 or MNT 640 million will be provided to Mongolia.

Mongolia’s Energy Resources Attract Serious Interest

Ulaan Bator’s situation is akin to interwar Poland, dexterously attempting to reconcile its foreign policy between the USSR’s hammer and Nazi Germany’s hard place.

GTSO Core Drilling Team At Avdrant Mine In The Bayandelger Soum Of Mongolia's Tuv Province

Green Technology Solutions, Inc. (OTCQB:GTSO) announced today that cores drilling and sample collection have been completed by an independent geologist on the 17,000 acres GTSO is seeking to help develop in Mongolia.

U.S. Looks to Export Nuclear Waste; Uranium 'Leasing'

Arriving in Mongolia on Monday for the first visit by a U.S. vice president since 1944, Joe Biden stoked already intense speculations about the U.S. government’s plans to deal with the nation’s massive nuclear waste problem.

Overseas energy deals 'require caution'

'Rethink' in Mongolia provides an example of potential pitfalls

TVN Corporation extends coal seam over 2.4km at Nuurst Project in Mongolia

TVN Corporation (ASX:TVN) has reported a 97.5 metre thick coal sequence from latest drilling at the Nuurst Project in Mongolia.

Official: U.S. in Early Talks About Int'l Nuclear Leasing Arrangements

Department of Energy officials have spent weeks trying to knock down reports that they have been interested in building a nuclear waste repository in Mongolia.

Discover Mongolia 2011 Announces Additional Session And Full Subscription Of Sponsors

“With increasing number of investors interested in Mongolia, we realized that many of our delegates come to learn about Mongolia, politically as well as familiarizing themselves with exploration or early stage projects that has a potential to grow” said Algaa Namgar, the Executive Director of Mongolian National Mining Association and a member of the Organizing Committee.

Lee departs for Uzbekistan after trip to Mongolia

ULAN BATOR, Aug. 23 (Yonhap) -- South Korean President Lee Myung-bak left Mongolia for Uzbekistan on Tuesday for summit talks and a series of economic deals, including a US$4 billion contract to develop a gas field and build a related plant.

GTSO Rare Earth Core Samples Sent for Analysis

SAN JOSE, Calif.--( BUSINESS WIRE )--Green Technology Solutions, Inc. (OTCQB:GTSO) announced today that cores drilling and sample collection have been completed by an independent geologist on the 17,000 acres GTSO is seeking to help develop in Mongolia.

Ivanhoe shares rally after good news on Mongolian project

Shares of Ivanhoe Mines Ltd. soared 20 per cent Tuesday, far past its base metal peers, a day after the Vancouver-based company said gold and silver would account for about half of revenues at its Oyu Tolgoi project, which is set to begin production at the end of next year.

Joe Biden Takes on Mongolian Wrestlers

U.S. Vice President Joe Biden arrived in Ulaanbaatar Mongolia on Monday to a lavish celebration including performances of traditional music and dance and a Mongol-style wrestling competition.

Guildford Coal Mulls ASX Listing Of Mongolia Coal Unit

SYDNEY -( Dow Jones )- Guildford Coal Ltd. (GUF.AU) said Wednesday it is looking at listing its Mongolian coal assets separately on the Australian Securities Exchange , the latest in a string of miners vying to take advantage of rising investor interest in the landlocked North Asian country's resources.

IOC PRESIDENT JACQUES ROGGE TO VISIT

Ulaanbaatar, Mongolia /MONTSAME/ The President of the International Olympic Committee (IOC) Mr. Jacques Rogge will pay a visit to Mongolia on August 23-24, at an invitation of D.Zagdsuren, the President of the Mongolian National Olympic Committee (MNOC).

FIRST LADY OF REPUBLIC OF KOREA DONATES MEDICAL EQUIPMENT

Ulaanbaatar, Mongolia /MONTSAME/ The President of the Republic of Korea Lee Myung-bak's spouse Mrs. Kim Yoon-ok has got au fait with the Maternity and children's national health center to donate some 200 syringe pumps.

Khaan Quest 2011: Enriching Healthcare in Mongolia

Military doctors, nurses and medics from five countries came together to deliver general healthcare, optometry and dental services to a small suburb of Ulaabaatar, Mongolia from Aug 6-9, while participating in Khaan Quest 2011.

Gold, silver may generate up to 50% of Oyu Tolgoi annual revenues–Friedland

Ivanhoe Mines CEO Robert Friedland announced Monday that the massive Oyu Tolgoi copper-gold project would have negative total cash costs of 7-cents per pound of payable copper in the first five years of mining under a scenario of current gold and silver prices.

With current prices, Ivanhoe’s OT mine to produce copper at negative costs

TSX- and NYSE-listed Ivanhoe Mines’ giant Oyu Tolgoi mine in Mongolia will produce copper at negative cash costs at current gold and silver prices, the company said on Monday.

Rio Tinto Sponsors Mongolian Olympic Team For 2012 Games

MELBOURNE -( Dow Jones )- Mining giant Rio Tinto PLC (RIO), which is supplying all the metal that will be used to produce medals for the 2012 Olympics, said Tuesday it has signed a deal to sponsor the Mongolian national team at the London games.

President Halonen to visit Mongolia

President of the Republic Tarja Halonen and Dr Pentti Arajärvi will make an official visit to Mongolia on 30 August - 1 September 2011.

Japanese and Mongolian judo favourites shine

World number one Khashbaatar Tsagaanbaatar of Mongolia and Japanese world champion Junpei Morishita remained on course for a dream final in the under-66kg category at the World Judo Championships here on Tuesday.

Xanadu Mines to drill highly prospective Solenker epithermal gold and silver project in Mongolia

Xanadu Mines (ASX: XAM) has commenced a much anticipated drill program at the highly prospective Solenker Epithermal gold and silver project in southern Mongolia, which contains high grade drill targets.

BLIA MINE : 23 Aug 2011 Mongolian Exploration Programme to Commence

ASX ANNOUNCEMENT 23 August 2011 MONGOLIAN EXPLORATION PROGRAMME TO COMMENCE

AFL-CIO envisions forming ‘super labor PAC’

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WASHINGTON - The AFL-CIO hopes to boost its clout by launching a political action committee that could raise unlimited amounts of money, part of the federation’s goal of building a year-round political organizing structure.

Allens welcomed as member of Business Council of Mongolia

Allens Arthur Robinson (Allens) has been formally welcomed as a member of the Business Council of Mongolia at a ceremony held last night in the Mongolian capital of Ulaanbaatar.

Posco to reportedly build Mongolian plant

SEOUL (MarketWatch) -- South Korean steel maker POSCO will build a coal-gasification plant in Mongolia next year in a 50-50 joint venture with a Mongolian company, the Seoul Economic Daily reported Tuesday, without citing sources.

Pres. Lee Holds Summit with Mongolian Leader

President Lee Myung-bak, who arrived in resource-rich Mongolia Sunday, on the first leg of his three-nation Central Asia tour, began his second day there by holding a bilateral summit with President Tsakhia Elbegdorj.

Biden is feted in Mongolia

ULAN BATOR, Mongolia - Vice President Biden tried his hand at archery, watched a wrestling match, and named a horse during a brief visit Monday in Mongolia, which he called a shining example of democratic development.

The Role of the Development Bank of Mongolia

Ulaanbaatar, Aug 23, 2011 (ABN Newswire) - At the Mongolia Capital Raising Conference, Mr. Shagdarsuren, Secretary General of Mongolian Bankers Association, acted as moderator of the panel about the role of the newly established Development Bank of Mongolia (DBM).

Lucky Strike Strengthens Technical and Management Team

VANCOUVER, BRITISH COLUMBIA, Aug 22, 2011 (MARKETWIRE via COMTEX) -- Lucky Strike Resources Ltd. ("Lucky Strike" or the "Company") (tsx venture:LKY) is pleased to announce the strengthening of its technical and management team to form a well-rounded group of professionals as part of the solid foundation to capitalize on current and future mining project opportunities.

Petro Matad reports latest well success in Mongolia

Mongolian oil explorer Petro Matad ( LON:MATD ) today unveiled results from another successful well in Block XX.

Joe Biden in China: wrestling moves

We all held our breath as the gaffe-prone Vice President Biden visited China. Would he drop the f-bomb?

Mongolian defense officials tour Russian weapons factories

Three high-ranking Mongolian defense officials toured weapons factories in Russia on August 16. Defense Minister L. Bold and two members of the Standing Committee on Security and Foreign Policy, R. Amarjargal and E. Munkh-Ochir, visited a weapons and military aviation factory in Ijevsk and a bullet factory in Klimovsk.

Home prices rise 15 to 30 percent

Mongolia’s booming housing sector was the subject of a forum held last week in Ulaanbaatar. The three-day forum was organized by the Ministry of Roads, Transportation and Urban Development.

PRESIDENT OF REPUBLIC OF FINLAND TO VISIT MONGOLIA

Ulaanbaatar, Mongolia /MONTSAME/ The President of Republic of Finland, Mrs.Tarja Halonen will pay a state visit to Mongolia from August 30 to September 1 at an invitation of Mr. Ts.Elbegdorj, the President of Mongolia.

IOC PRESIDENT JACQUES ROGGE TO VISIT

Ulaanbaatar, Mongolia /MONTSAME/ The President of the International Olympic Committee (IOC) Mr. Jacques Rogge will pay a visit to Mongolia on August 23-24, at an invitation of D.Zagdsuren, the President of the Mongolian National Olympic Committee (MNOC).

TVN Corporation shares soar on Mongolian coal

TVN Corporation shares have soared on the back of the full coal drilling results from the Nuurst Thermal Coal Project in Mongolia.

Why is George Soros Selling His Gold and Buying Farmland?

Food prices are skyrocketing all across the globe, and there’s no end in sight. The United Nations says food inflation is currently at 30% a year, and the fast-eroding value of the dollar is causing food prices to appear even higher in contrast to a weakening currency.

$5,000 gold and $200 silver lie ahead within four years – Rob McEwen

Rob McEwen explains his rationale for $5,000/oz gold and $200/oz silver and how factors leading to those prices will affect the industry and comments on some of the companies with which he is currently involved.

Kim's Russia trip focusing on energy issue

MOSCOW — North Korean leader Kim Jong Il's armored train rolled through the resource-rich far east of Russia Monday, taking in major Russian power projects en route to a summit with President Dmitry Medvedev expected to focus on energy cooperation and nuclear disarmament.

General Mining Corporation kicks off drilling targeting potash in Mongolia

General Mining Corporation (ASX: GMM) has commenced deep potash exploratory drilling at the Uvs Basin Project in Mongolia, with the program expected to take about 4 months.

Searching for the spirit of Genghis Khan

Ulaanbaatar, Mongolia (CNN) -- In the vast open steppe outside Mongolia's capital Ulaanbaatar, the great emperor Genghis Khan is very much alive.

Wrestling, archery and horse-racing: Mongolia's 'three manly games'

(CNN) -- Grapple fans should head to Mongolia each year on July 11.

Country profile: Mongolia

(CNN) -- From sweeping grasslands to the desolate Gobi desert, Mongolia's dramatic landscape lends itself to the idea that it is one of the world's last frontiers.

Petro Matad reports latest well success in Mongolia

Mongolian oil explorer Petro Matad ( LON:MATD ) today unveiled results from another successful well in Block XX.

S. Korea, Mongolia agree to significantly boost resources cooperation

ULAN BATOR (Yonhap) -- Leaders of South Korea and Mongolia agreed Monday to significantly boost resources and energy cooperation and elevate their relations to a "comprehensive partnership" in a symbolic commitment to bolster ties in all areas, officials said.

Biden Names Mongolian Horse, Lauds Democratic Progress Before Japan Visit

Vice President Joe Biden took a detour through Mongolia today en route from China to Japan to show support for the country’s nascent democracy and thank the government for sending troops to Afghanistan and Iraq.

In China, VP Biden promises US assets are "safe"

CHENGDU, China - Vice President Joe Biden wrapped up a visit to China on Sunday that offered him extensive face-time with the country's expected future leader, Xi Jinping, and delivered a strong message of U.S. mutual interdependence with the world's second-largest economy.

N. Korea’s Kim May Get Nuclear Talks Offer

North Korean leader Kim Jong Il will meet President Dmitry Medvedev this week in a visit that Russia hopes may spur talks on the Asian country’s nuclear weapons program and pave the way to energy and transport deals.

Mongolia denies nuclear waste talks will be held during Biden visit

ULAN BATOR, Aug. 19 (Xinhua) -- Foreign Minister Gombojav Zandanshatar on Friday denied that any talks on accepting nuclear waste materials in Mongolia would be held during the upcoming visit of U.S. Vice President Joe Biden.

Envidity launches USD $ 1 Billion Coal Gasification Project in Mongolia

August 19, 2011, Ulaanbaatar - Retired US Army General Wesley Clark, Chairman of Envidity Inc., announces the commitment of funds to launch a US$1 billion Mongolian Underground Coal Gasification-Gas to Liquids project.

Global Environment at Risk Due to Predicted Explosive Growth of Cities Over Next Two Decades

Explosive growth of cities worldwide over the next two decades could pose significant risks to people and the global environment, says a new study.

International investors coming to Mongolia

Leading figures in the international mining, banking, and investment worlds will descend on Mongolia next month.

Chinese museum, Swiss foundation cooperate to restore ancient silk relics

HOHHOT, Aug. 21 (Xinhua) -- A north China museum has worked with a Swiss foundation to successfully restore 14 pieces of silk relics unearthed from tombs with over 1,000 years of history, sources with the museum said Sunday.

Border towns witness China-Mongolia trade boom

HOHHOT, Aug. 20 (Xinhua) -- The booming China-Mongolia border trade has given Erenhot, a Gobi town in north China's Inner Mongolia Autonomous Region, a more important regional status, as it's poised to host the China-Mongolia-Russia Economic and Trade Cooperation Fair at the end of the month.

President Lee to meet Mongolian leader today

ULAN BATOR — President Lee Myung-bak will hold talks with his Mongolian counterpart Tsakhia Elbegdorj in Ulan Bator Monday, a day after arriving in the capital city.

Biden Wraps Up China Visit, Heads for Mongolia

U.S. Vice President Joe Biden will visit Mongolia's capital Ulaanbaatar Monday after wrapping up his five-day visit to China.

Anti-nuclear-waste demonstration in Ulaanbaatar

An anti-nuclear-waste rally will be held in Ulaanbaatar on Friday. Organizers say they are opposed to any efforts to store nuclear waste in Mongolia.

International investors coming to Mongolia

Leading figures in the international mining, banking, and investment worlds will descend on Mongolia next month.

CH.KHURELBAATAR GIVES REPORT ON BANK OF DEVELOPMENT

Ulaanbaatar, Mongolia /MONTSAME/ At the cabinet meeting held on Wednesday, August 17, a head of Cabinet Secretariat of Government Ch.Khurelbaatar gave a report activities of the Bank of Development.

Tavan Tolgoi Investment agreement gets critics from Mongolian experts

Tavantolgoi forum was held at the Civil Hall at the Presidential Office in Ulaanbaatar on Thursday. Mongolia has been shipping coal from Tavantolgoi to China for three weeks.

Mongolia says Japan, Korea cos in Tavan Tolgoi auction

Mongolia cleared up confusion over its auction of a block of its Tavan Tolgoi coal deposit on Thursday, confirming Japanese and South Korean bidders remained, the latter involving companies now revising their proposals.

Mining limits drive rare-earth investors abroad

BEIJING - Soaring rare-earth prices are drawing increased attention from Chinese private investors, who are being forced to seek opportunities overseas because of tight limits on domestic mining.

Inner Mongolia mine mouth coal price in H1 up by 14pct YoY

According to the website of China Ministry of Commerce, the average mine-mouth coal price in Inner Mongolia has soared by 14% to CNY 296.72 per tonne in the first half of this year compared with a year earlier.

CABINET DISCUSSES ISSUE ON SENDING SERVICEMEN TO UNMISS

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, August 17, the cabinet meeting discussed a matter on sending a group of servicemen to the United Nations Mission in the South Sudan, and then ordered G.Zandanshatar, the Minister of Foreign Affairs to submit it to the National Security Council (NSC).

Every student in Mongolia will get MNT 491,960 for tuition

At Wednesday’s Cabinet meeting, ministers discussed the annual fee that students in Mongolian universities, institutes, and colleges receive from the Human Development Fund.

Government of Mongolia intensifies the process of complex apartment blocks

Recently, the Government of Mongolia has supported the ongoing deal of the Development Bank of Mongolia with the Chinese Exim Bank (The Export and Import Bank of China) to get the loan worth 300 billion MNT for the project financing of the “New Yarmag” complex apartment blocks and decided to make a resolution regarding the loan deal accordingly.

East Asia Minerals Announces Change in Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 18, 2011) - East Asia Minerals Corporation (TSX VENTURE:EAS) announces the resignation of Mr. John Wright as a Director of the Company.

Mongolia says Japan, Korea cos in Tavan Tolgoi auction

* S.Korea, Japan firms still on shortlist * Mongolia says disappointed by S.Korea, Japan proposals * S.Korea, Japan proposals did not include downstream projects * S.Korea revising its proposal to include steel plants

President Lee likely to meet Biden in Mongolia: official

WASHINGTON, Aug. 18 (Yonhap) -- South Korean President Lee Myung-bak is expected to meet U.S. Vice President Joe Biden in Mongolia next week on a coincidental visit, Washington officials said.

Mongolia plans to build refineries to boost oil supplies

Mongolia, which is forced to import virtually all of its refined oil products and frequently faces chronic fuel shortages, is to begin building an oil refinery early next year in an effort to meet domestic demand and reduce dependence on neighboring Russia for energy supplies.

Garrison International acquires Nallaa coal-uranium prospect in Mongolia

TORONTO - Junior gold and mineral explorer Garrison International Limited (TSXV:GAU) has acquired the Nallaa coal and uranium prospect in Mongolia.

Government prepares for harvest

It may still be summer, but in Mongolia preparations for winter are well underway. Herders are making hay, and farmers are preparing to harvest wheat. Our correspondent spoke about the preparations with the Minister of Food, Agriculture and Light Industry, T.Badamjunai.

Prosecutors to attend instructional course

Over 50 prosecutors from Darkhan, Selenge, and Bulgan provinces will take part in a special instructional course on Friday.

B.Khurts may be extradited to Germany on Friday

There is speculation that B.Khurts, Head of Administration at the National Security Council, might be extradited from Britain to Germany on Friday.

HIGH OFFICER OF COMMUNIST PARTY OF CHINA TO VISIT

Ulaanbaatar, Mongolia /MONTSAME/ A member of the Politburo Standing Committee of the Communist Party of China (CPC) and the Secretary of CPC Central Political and Legislative Committee Zhou Yongkang will visit Mongolia on August 23-26, 2011.

ABOUT CREDIT GUARANTEE FOR NEW MICRO-DISTRICT

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet has discussed and backed in principle a matter on taking a loan of MNT 300 billion from the Export-Import Bank of China, in order to create a financial source for the "Shine Yaarmag" apartment micro-district.

FIRST DEPUTY PREMIER AND NEW RAILWAYS

Ulaanbaatar, Mongolia /MONTSAME/ The First Deputy Premier N.Altankhuyag received on Wednesday 17th August authorities of the Ulaanbaatar Railway Mongolia-Russia joint venture and an advisory group led by the McKinsey & Company, Inc, a global management consulting firm.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet members at a regular meeting held on Wednesday 17th of August heard a report on results of the 15th meeting of the Mongolia-Russia intergovernmental commission on trade and economic cooperation.

Mongolia’s Catholic clinic reopens

The only Catholic clinic in Mongolia was reopened recently by Bishop Wenceslao Padilla of Ulaan Baatar.

Ivanhoe Energy shares up on Mongolia drilling success

Canadian heavy oil producer Ivanhoe Energy Inc said it intends to drill two wells at its Nyalga Block XVI in Mongolia, with the option to drill up to three additional wells in an initial exploratory program, sending its shares up as much as 12 per cent on Tuesday morning.

Hyundai Becomes Largest Passenger Car Seller In Mongolia

SEOUL, Aug 18 (Bernama) -- Hyundai Motor Co., South Korea's largest carmaker, said on Thursday that it has become the No 1 seller of passenger cars in Mongolia in the first half of the year.

One in 10 Deaths in Mongolian Capital Caused by Air Pollution

A new study by Simon Fraser University’s Ryan Allen shows one in 10 deaths in Mongolia’s capital city of Ulaanbaatar can be attributed to air pollution.

Frontier: Infrastructure Development Prospects In Mongolia

Ulaanbaatar, Aug 18, 2011 (ABN Newswire) - Mr. Mendoza, Co-Chief Operating Officer of Frontier Securities, made an opening remark for "Infrastructure Development Prospects in Mongolia," highlighting the significant, but often neglected, reality of the infrastructure development in Mongolia.

Air pollution killing Ulaanbaatar (Mongolia) residents

A new study by Simon Fraser University’s Ryan Allen shows one in 10 deaths in Mongolia’s capital city of Ulaanbaatar can be attributed to air pollution.

Long song competition held in Mongolia

The first Mongolian “long song” contest was held last weekend in Khui Doloon Khudag. More than 80 people between the ages of 11 and 81 took part in the competition.

New student grant program in Mongolia

Just before Naadam, Parliament passed a law that grants qualifying students in Mongolian universities MNT 70,000 per month. Some are questioning whether such grants are appropriate.

Top China coal producer Shenhua says H1 profit up 16 pct

HONG KONG Aug 17 (Reuters) - China's largest coal producer China Shenhua Energy Co Ltd said on Wednesday its first-half net profit rose 16.1 percent year on year.

Frontier: Growing Interest For Mongolian Stock Exchange To Upgrade To Global Standard

Sydney, Aug 18, 2011 (ABN Newswire) - At the "Mongolia: Capital Raising & Investment" conference a panel discussion was held on the development of the Mongolia Stock Exchange (MSE) and on the existing challenges to align it to international standard.

Prophecy Coal makes new coal discovery around Ulaan Ovoo

Prophecy Coal Corp. ( CVE:PCY ) reported Wednesday it has intercepted a 19-meter-thickness coal seam at its Ilch Khujirt property, in Mongolia.

Ch.Saikhansambuu: Autumn Session has no time to discuss TT and Election law

Q: The Autumn Session of the SGK is due to begin and can it finalize the law on election this term?

Ch.Khurelbaatar: State Property Committee will represent Mongolian in the Tavantolgoi project

Ch.Khurelbaatar, Chief of the Cabinet Office and Member of the government’s working group on Tavantolgoi investment agreement was interviewed regarding the TT’s IA.

Korean Cooperation in Tavantolgoi will describe Mongolia-South Korea Relations

Jon il, South Korean Ambassador to Mongolia talks about the upcoming visit of the South Korean President to Mongolia and also the Tavantolgoi coking coal project.

OXFORD BUSINESS GROUP TEAMS UP WITH FOREIGN INVESTMENT AND FOREIGN TRADE AGENCY FOR FIRST-TIME COUNTRY REPORT

Oxford Business Group (OBG), the global publishing, research and consultancy company, is expanding its reach across Asia as it prepares to launch a first-time report on Mongolia.

Macmahon Holdings profit slump ‘unacceptable’

MACMAHON Holdings said today it came within a whisker of posting a full-year loss, with its net profits dropping 97.2 per cent to $1 million due to writedowns and the impact of Australia’s wet season.

Erdene says its 25% of Donkin coal project worth $265 million

Nova Scotia’s Erdene Resource Development Corp. on Monday provided an update on the Company’s principal projects in conjunction with the release of its second quarter financial results to June 30, 2011.

Inner Mongolian 551 coal mines producing 790 million tonnes a year

It is reported that China northern Inner Mongolia Autonomous Region has grown into the largest raw coal producing province in the country by 2010 with 551 modernized large mines and an annual output of 790 million tonnes.

Biden to stop in Hawaii for speech at Kaneohe Marine Corps Base

Vice President Joe Biden will stop in Hawaii on Thursday, August 25 to deliver remarks at Marine Corps Base Hawaii at Kaneohe Bay.

Mongolia to Build Refineries to Ease Chronic Fuel Shortages

Mongolia, which is forced to import virtually all of its refined oil products and frequently faces chronic fuel shortages, is to begin building an oil refinery early next year in an effort to meet domestic demand and reduce dependence on neighboring Russia for energy supplies.

AnDa Union To Perform at The Colonial Theatre 9/25

Berkshire Theatre Group is proud to announce that AnDa Union, a musical group that draws inspiration from traditional Mongolian music, will be performing at The Colonial Theatre in Pittsfield on Sunday, September 25 at 2pm.

Angela Merkel visits to Mongolia in coming October

The Deputy Speaker of the State Great Khural G.Batkhuu has met with the Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Mongolia Pius Fisher in the Government Palace on August 15th in regard to his accomplishment of the official appointment to Mongolia.

Exploding Gold Prices Support GTSO’s Mining Development Plans

SAN JOSE, Calif.--( EON: Enhanced Online News )--The outlook for Green Technology Solutions’ (OTCQB:GTSO) rare earth and precious metals development plans brightened last week as the prices for gold reached a new high of $1,800 per ounce.

Przewalski's horses came close to extinction

Some animal species are slowly disappearing from planet Earth and, so far, we've done little to stop this from happening.

Owen Paterson to collect after epic Mongolian journey

Northern Ireland Secretary Owen Paterson is to make a new financial demand of the chancellor of the exchequer - £100 sponsorship for a 1,000 kilometre horse ride across Mongolia.

Joe Biden visits China to "renew and intensify" U.S.'s role in Asia

BEIJING,Aug 17 (Xinhuanet) – U.S. Vice President Joe Biden on Tuesday begins his visits to China, Mongolia and Japan as part of the Obama administration's efforts to "renew and intensify" the U.S.'s role in Asia.

Minister completes Mongolian ride

The Chancellor is to face a fresh funding demand from Cabinet colleague Owen Paterson after he followed a trail blazed by Genghis Khan and completed an epic 1,000-kilometre horse ride across Mongolia.

Ivanhoe Energy announces spudding of first Mongolian well

Ivanhoe Energy ( TSE:IE ) announced Tuesday that its subsidiary, Sunwing Energy, has spudded the first exploration well on the company's Mongolian property.

Biden’s Asia itinerary revealed

Vice President Joe Biden heads to Northeast Asia today to meet with the man who could be the next president of China, take in some Mongolian culture, and then pay his respects to Japan, which is still recovering from the tsunami that hit the country in March.

KZN man wins world's longest horse race

Pietermaritzburg - Underberg dairy farmer Craig Egberink, 44, has won the longest and toughest horse riding competition in the world.

Turkey Organizes Scientific Meeting in Mongolia

Turkish Language Society organizes an international meeting in Ulan Bator, Mongolia on Monday.

NEW CEMENT FACTORY TO AID MONGOLIA’S DEVELOPMENT

Foundations were laid on 13th July for a factory with the potential to produce one million tons of cement per year using the dry method.

TVN Corporation shares soar on Mongolian coal results, places A$3.6m for JORC Resource

TVN Corporation (ASX: TVN) shares have soared 17% to $0.055 in early morning trade, on the back of the full coal drilling results from the Nuurst Thermal Coal Project in Mongolia.

Desertification threatening MONGOLIA

Desertification has already become a global environmental issue and is one of the major challenges that countries will face in the 21st century.

Mongolian Government Officials Acknowledged the Investors Need for a Stable and Transparent Legal Environment

Sydney, Aug 16, 2011 (ABN Newswire) - Mr. He Dashdorj Zorigt, Minister of Mineral Resources and Energy, told the attendance at Mongolia Capital Raising and Investment Conference about the commitment made by Mongolia's government to foreign investors.

Erdene posts Q2 loss

The Dartmouth firm involved in developing the Donkin coal project has posted a larger second-quarter loss for 2011.

First Moscow to Beijing Tourist Train Begins 14-Day Journey

Aug. 16 – The first international tourist train from Moscow to Beijing began its 14-day trip on Monday at Moscow’s Kazansky railway terminal, a Russian news agency reported.

Glamping in Mongolia

There's something ironic about Britain's current obsession with glamping. Tipis in Tamworth, sheds rebranded as "romantic shepherd's huts", safari tents where the closest you'll get to big game is a squirrel.

Biden seeks strong China ties under shadow of debt

* Biden, Xi to dine in Beijing and Chengdu * Deficit, Taiwan, key issues on four-day trip * Biden also to visit Mongolia, Japan (Adds invitation to Xi to visit Washington)

East Asia Minerals Provides Corporate Update to Shareholders

VANCOUVER, BRITISH COLUMBIA, Aug 15, 2011 (MARKETWIRE via COMTEX) -- East Asia Minerals Corporation CA:EAS -16.67% wishes to report on the findings of the review of all the Company's activities conducted by the new management team and provide details of the strategy for the company going forward.

Bd's Mongolian Grill signs multi-unit deal for Pennsylvania

bd's Mongolian Grill has signed a multi-unit development agreement with Steel City Mongolian Grill to franchise bd's restaurants and continue to expand the brand in Western Pennsylvania.

Tourist trains set off from Moscow to Beijing for 15-day trip

MOSCOW, Aug. 15 (Xinhua) -- The first two tourist trains from Russia's capital city of Moscow to the Chinese capital city of Beijing officially set off on Monday, bringing some 400 passengers aboard to tour cities in Russia, Mongolia and China.

Biden's trip to China, Mongolia, Japan part of Asian strategy: White House

WASHINGTON, Aug. 15 (Xinhua) -- U.S. Vice President Joe Biden on Tuesday starts his visits to China, Mongolia and Japan as part of the Obama administration's efforts to "renew and intensify" the U.S. role in Asia, a senior White House official said on Monday.

G.Batkhuu: More time needed to discuss TT issue

Deputy Speaker G.Batkhuu says no decision has yet been taken on holding a special session of Parliament to discuss the Tavantolgoi issue.

40 years after dropping gold standard bugs feel vindicated but some fear party is over

Spot gold dropped one percent on Friday in Asian trade, extending losses from a fall of 1.6% in the previous session as risk appetite revived after reassuring US jobs data soothed anxious investors, but bullion remains poised for its best week since February 2009.

Khan Files Third Quarter 2011 Financial Results

Khan Resources Inc. CA:KRI -1.72% (“Khan” or “the Company”) announced today that it has filed its financial statements and management’s discussion and analysis for the three and nine month periods ended June 30, 2011 on SEDAR and has posted these documents to its website www.khanresources.com .

Is “Southern (Inner) Mongolia’s Today Independent Mongolia’s Tomorrow”?

On August 4, 2011, a group of citizens of the independent country of Mongolia held a press conference in the capital city of Ulaanbaatar in support of calls for the human rights of Southern (Inner) Mongolians.

Khaan Quest ’11 comes to an end

FIVE HILLS TRAINING AREA, Mongolia – Exercise Khaan Quest 2011 ended after more than two weeks of training was conducted between 11 nations, with more than a thousand participants, Aug. 12.

China demand for resources to rise

China will need large quantities of Australian raw materials as its industrialisation and urbanisation race ahead, despite concerns about weak global economic conditions, Australian Trade Minister Craig Emerson said on Friday.

Sod Mongol Group to build refinery in Dornogobi, Mongolia

Sod Mongol Group yesterday began work on a new oil refinery in Sainshand soum of Dornogobi aimag.

First Tourist Train Begins 14-Day Trip From Moscow To Beijing

MOSCOW, Aug 15 (Bernama) -- A special tourist train from Moscow to Beijing on Trans-Mongolian route of world-longest rail road begins its first voyage on Monday, Russian news agency Itar-Tass reported.

No progress in the Mongolian Government’s 100,000 Apartments project

There has been no progress in the Government’s 100,000 Apartments project, meant to develop ger districts and to give the chance to low- and middle-income citizens to own apartments of their own.

MONGOLIAN GENERAL GOVERNMENT BUDGET UPDATE

In the first seven months of 2011, total revenue and grants of the General Government Budget (GGB) amounted to MNT 2305.7 billion and total expenditure and net lending amounted to MNT 2180.3 billion representing surplus of MNT 125.4 billion in the GGB overall balance.

Xanadu Mines "encouraged" by coal quality at Nuurstei in Mongolia

Xanadu Mines (ASX: XAM) has received the raw coal sample analyses from its first diamond drill hole at the Nuurstei Coal Joint Venture in northern Mongolia, with laboratory results confirming high quality of coal.

Taiwanese medical technicians hold skills seminar in Mongolia

Taipei, Aug. 15 (CNA) The Taiwan International Healthcare Training Center hosted a medical seminar in Mongolia recently to share medical techniques with local doctors and review the progress of an ongoing medical exchange program with the central Asian country.

Ivanhoe Mines Announces Financial Results and Review of Operations for the Second Quarter of 2011

Pre-Stripping of Oyu Tolgoi Open-Pit Copper-Gold-Silver Mine Begins

Mongolian Horse Genome Sequenced

Inner Mongolia Agricultural University (IMAU) and BGI, the world's largest genomics organization, jointly announced Aug. 9 the complete sequencing of genomes of four important representative species in Inner Mongolia Autonomous Region of China, including the Mongolian horse.

President to embark on Asian tour next week

President Lee Myung-bak will embark on a three-nation Asian tour next week that will take him to Mongolia, Uzbekistan and Kazakhstan, the Blue House said yesterday.

Japanese rare earth consumers set up shop in China

(Reuters) - Japanese manufacturers concerned about China's restrictive export quotas on essential rare earths may have found a way to resolve their supply concerns -- relocate production to China .

Mongolia fights China's claim to throat-singing's cultural roots

ULAN BATOR, Mongolia — For nearly 20 years, Odsuren Baatar, a master of Mongolian throat singing, has been visiting China to teach his craft: making the human voice soar, quiver and drone, its pitches in eerie unison like a bagpipe.

Russian Tank Constructed in China for Theme Park in Mongolia

While some call it a copy of the Russian T62 , others note that it appears more likely that the maker of this monster saw a Panzer II tank and copied it complete with an M2 Browning .

Macmahon denies Mongolia reports

Engineering contractor Macmahon Holdings has denied media reports that the company has won a coal mining contract in Mongolia, saying that no formal agreement has yet been reached.

Opera singer Amartuvshin to compete in Oslo

A vocalist at the State Opera and Ballet Theatre, E.Amartuvshin, will take part in the International Competition of Queen Sonya in Oslo between August 16 and 26.

8 NGOs to organize movement for release of B.Khurts

An NGO, Justice for Citizens, today held a press conference to announce that it would organize movement to press for the release of B.Khurts, the Administrative Chief at the National Security Council, from a British prison, where he awaits extradition to Germany.

Sod Mongol Group to build refinery in Dornogobi

Sod Mongol Group yesterday began work on a new oil refinery in Sainshand soum of Dornogobi aimag. The refinery will process 5,000 tons of crude oil annually, which will come from Tamsagbulag and Zuunbayan of Dornod aimag, as well as Russia and China.

Obama’s war on coal

President Obama claims to see the need to create jobs at this time of endless 9-plus percent unemployment — yet his administration continues to relentlessly destroy jobs for ideological reasons.

Copper price: 500,000 tonnes of lost production to offset dropping demand

Despite a report on Wednesday showing a surge in July, China’s copper imports were still down 22% in the first seven months, suggesting slowing demand in the world’s top copper consumer is adding to concerns that shaky western economies will knock prices further.

Gold bugs moving into the mainstream

Gold, and only gold, will be our salvation when the value of companies, banks, countries and even money itself melts away.

Entree Gold: A Sleeping Copper Giant

This is the second in a 10-part metals miner series. Entrée Gold ( EGI ) is a copper and gold exploration company with assets and interests in Mongolia, Nevada, Australia, and Peru.

China and Rare Earths

First, the bad news - China's constrained rare earth supplies will be an "irreversible trend" and prices will remain at high levels, according to Zhang Zhong, general manager of Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co.

D.SUGAR: There is no reason to exclude Japan and South Korea from the bid

Translated by Kh.KHALIUN UB Post interviewed the State Property Committee chairman D.Sugar. He is the chairman of “Erdenes MGL”, “ErdenesTavantolgoi and a member of government workgroup; which is responsible for the developer’s bid over west Thanhi, Tavan Tolgoi.

“MONGOLIA: KING OF KNITTED GOODS”

We interviewed Toshio Nakashima, overseas sales director of Japan’s Shima Seiki company, which produces knitting machines which are sold in 92 countries around the world. It is Mr.Nakashima’s first time in Mongolia.

90% of China's grasslands deteriorated

HULUN BUIR, Inner Mongolia-- Ninety percent of China's 400 million hectares of grassland are deteriorated to some degree, an agricultural official said, referring to the protection of grasslands as an "extremely pressing task."

Mongolia picks Macmahon, BBM as contract miners for major deposit

Aug 12 (Reuters) - Mongolian state-owned miner Erdenes Tavan Tolgoi has selected Australia's Macmahon Holdings Ltd and Germany's BBM Operta as mining contractors for the major East Tsankhi coal deposit, Erdenes MGL Executive Director B.Enebish told Reuters on Friday.

US Department of State Turns to Move One for supply chain solutions in Mongolia

With two high level projects for US government services in Mongolia completed this month, Move One has emerged as the foremost partner for US concerns in Mongolia.

Circus of the Orient

FOR the first time, a spectacular, fun-packed world-class circus – the likes of which is usually only seen by audiences in major cities – is coming to Consett.

Fears in Global Recovery and Selloff in Equities. What Does It Mean to Mongolia?

Eurasia Capital does not believe the current crisis will lead to the repeat of the 2008 crisis which severely impacted Mongolia.

India eases visa restrictions for Mongolian Buddhists

India has eased its immigration rules for visiting Buddhist scholars from Mongolia – in order to deepen cultural ties and boost bilateral relations between the two nations, according to Ashwini Shrivastava, reporting for the Buddhist Channel.

Water shortage hits pasture area in Inner Mongolia

HOHHOT - More than 370,000 people and 580,000 livestock living in pasture areas in the western part of North China's Inner Mongolia autonomous region are having difficulties securing drinking water due to a severe drought.

Mongolia, US build on friendship during Khaan Quest 11

ULAANBAATAR, Mongolia – The Engineering Civic Action Program portion of Exercise Khaan Quest 2011 was completed after the ribbon was cut, signifying the opening of the Ayut Family Hospital in the ninth khooro, Khan-Uul District, Ulaanbaatar, Mongolia, Aug. 11.

Easier travel for Mongolians to South Korea

South Korean president Lee Myung-bak will pay an official visit to Mongolia from 21st to 23rd of this moth, by the invitation of our president, Ts.Elbegdorj.

Robust copper prices the 'new normal', say analysts

The copper mining industry is operating under “a high degree of stress”, with forecast demand for the metal over the medium term much higher than projected capacity, according to Canaccord analysts.

Senior CPC Official to Visit Five Asian Countries

Zhou Yongkang, a senior official of the Communist Party of China (CPC), will pay official good-will visits to Laos, Cambodia, Tajikistan, Nepal and Mongolia from Aug. 16 to 26.

New schools opened in Mongolia under Cambridge system

Minister of Education, Culture and Science of Mongolia Yo.Otgonbayar has announced its plan to start an experimental training for the purpose of applying Cambridge general education curriculum in Mongolian secondary schools on August 9, 2011.

Protest will be staged by Mongolians in Los Angeles

Mongolian media and public organizations have been organizing a movement against the plan to build a spent nuclear disposal facility in Mongolia.

24 foreigners in Mongolia have been registered in criminal records

Considering the ever growing number of tourists that come to Mongolia each year is clear that tourism is booming.

Revenue from railway transport increased in Mongolia

National Statistical Office of Mongolia has launched its for the first seven months of 2011. In the first 7 months of 2011, the total industrial output increased by 69.3 billion MNT or 6.8 percent to 1083.9 billion MNT (at 2005 constant prices) compared to the same period of the previous year.

RF, PRC, Mongolia, Kazakhstan set up Altai Council of Rectors

The Council of Rectors of institutes of higher education of the Bigger Altai has been created on the basis of educational establishments uniting six transborder regions - - the Altai Territory, the Republic of Altai, the Xinjiang-Uygur Autonomous Region of China, the Bayan-Ulgiisky and Khondsky Aimaks of Mongolia and the East-Kazakhstanian Region.

SouthGobi Resources Q2 net profit up on higher coal

(Reuters) - Canadian coal miner SouthGobi Resources Ltd (1878.HK: Quote ) (SGQ.TO: Quote ) posted a higher quarterly net profit, driven mainly by a rise in average realized coal prices.

Genes of Mongolian horse mapped

The complete genetic code of the Mongolian horse has been mapped, it has been announced.

Mongolia Energy Riches Attract Neighbors and Outside Interests

Pity poor Mongolia, bereft of fiscal resources, caught between the ambitions of its superpower neighbors, Russia and China.

China and Rare Earths - Monopoly for Now

First, the bad news - China's constrained rare earth supplies will be an "irreversible trend" and prices will remain at high levels, according to Zhang Zhong, general manager of Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co.

Enriching health care in Mongolia

ULAANBAATAR, Mongolia – Military doctors, nurses and medics from five countries came together to deliver general healthcare, optometry and dental services to a small suburb of Ulaabaatar, Mongolia from Aug 6-9, while participating in Khaan Quest 2011, a U.S. Marine led exercise designed to strengthen the interoperability of U.S., Mongolian and other participating nations’ forces in humanitarian civil action projects and multinational joint peace keeping missions around the world.

Mongolia, Japan to cooperate in nuclear energy

ULAN BATOR - Mongolia's nuclear energy authority and Japan's Atomic Energy Agency discussed nonproliferation and other issues during a two-day meeting that ended Wednesday.

Mongolian Armed Forces learn of Corps’ Family Readiness Program

CAMP FOSTER, Japan - The spouse of III Marine Expeditionary Force’s top leader spoke to Mongolian armed forces service members and their families about family readiness programs July 29 in Ulaanbaatar, Mongolia.

A showdown over traditional throat singing divides China and Mongolia

ULAANBAATAR, Mongolia — For nearly two decades, Odsuren Baatar, a master of Mongolian throat singing, has been visiting China to teach his craft — making the human voice soar, quiver and drone, its pitches in eerie unison like a bagpipe.

U.S. Department of State, Bureau of Consular Affairs, Awards a US$26 Million Task Order to Stanley, a CGI Federal Subsidiary

Visa services support extends to Russia, Kazakhstan, Tajikistan, Kyrgyzstan, and Mongolia.

ONE DROP CAN MAKE A DIFFERENCE

Access to water and its efficient use will be a major global challenge of this century. Water shortage is both a national and international issue, which is being fueled by many factors such as increasing population, urbanisation, climate change, deforestation and water mismanagement.

Mongolia to build its first oil refineries

Securing domestic production. Following the recent oil shortages in Mongolia, the state is keen to build up domestic production to become less reliable on foreign imports.

Ministry happy with winter preparation for livestock

The head of the Livestock Policy Implementation Board of the Ministry of Food, Agriculture and Light Industry, P.Gankhuyag, has told Uls Turiin Toim that hay preparation is following Government directives.

A-Sound to join Lemons Band in Shanghai performances

The Lemons Band will perform in Shanghai between August 18 and 20. The A-Sound Band will be joining them, as a surprise to its fans.

North Koreans fleeing from hunger and poverty through Thailand

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There are no exact figures as to the number of North Koreans making their way through Thailand to South Korea, but authorities say the number is growing.

Eaters of the Dinosaur Dead

In almost every general dinosaur book I can remember from my childhood, there was at least one page dealing with the making of fossils.

CGI Group signs U.S. government contracts

Canada’s largest independent computer services company, CGI Group Inc., said Tuesday its Stanley Associates unit that focuses on U.S. government work has signed a $26-million contract to help process visa applications in Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Mongolia.

Eielson participates in Operation Pacific Angel

8/9/2011 - EIELSON AIR FORCE BASE, Alaska -- In a deployed environment, military medical professionals must be prepared to do their job with available resources to make sure people get the help they need.

Lucky Strike begins 1,500m due diligence drilling program in Mongolia

Lucky Strike Resources has awarded a contract to Elgen to perform a 1,500m due diligence drilling program on the CN Coal Properties in Mongolia with the camp setup and mobilization of equipment to commence on 10 August 2011.

200 Mongolians to attend meeting in Berlin under Beehive program

An NGO, The Mongolia-Germany Bridge, today held a press conference to reveal that the Governments of Mongolia and Germany are jointly organizing a conference of Mongolians who pursued higher education and underwent professional training in European countries.

Demand grows for special session of Parliament on Tavantolgoi

The demand is growing that a special session of Parliament should be held to discuss the draft investment agreement on Tavantolgoi without delay and both the DP and MPP groups in Parliament are considering asking MPs in their countryside electoral districts to return to Ulaanbaatar.

President inaugurates Mongolists Conference

President Ts.Elbegdorj this morning inaugurated the 10th International Mongolists Conference at the Great Hall of Government House.

Copper hits 5-week low on slowdown prospects

Copper fell to a five-week low on Monday, after a downgrade to the United States’ credit rating intensified fears of a global slowdown which could cut into copper demand, but European Central Bank bond buying soothed investors’ nerves for now.

Guildford Coal eyes Mongolian coal production within a year, acquires additional land

Guildford Coal (ASX: GUF) has highlighted that it’s not just Australian coal companies coming onto the acquisition radar – and has completed a US$3.5 million acquisition in the South Gobi coal bearing basin in Mongolia.

New Tibetan Leader Takes Office

The new head of the Tibetan government-in-exile took office Monday, vowing to continue the struggle of his predecessor, the Dalai Lama, and warning China’s leaders that the movement to seek “genuine” autonomy in Tibet will be “stronger.”

Gold could hit $2500/oz before year-end: JP Morgan

Gold investors could reap record windfall benefits from the economic uncertainty that crashed global stock markets Monday, say J.P. Morgan commodity analysts Colin Fenton and Jonah Waxman.

Resource nationalism seen as top risk for miners – E&Y

Resource nationalism is now the main business risk facing the mining industry, Ernst & Young (E&Y) said in its yearly business risk report, released on Monday.

Land seizures in China's Kashgar fuel anger among Uighurs

KASHGAR, China (Reuters) - Uighur merchant Obul Kasim carries emotional scars from his confrontation with an unbending government after he failed to save his 100-year-old mud-brick home from demolition, a victim of the urban renewal marching across the historic Silk Road.

Rare earth prices to remain strong

Baotou, Inner Mongolia - Rare earth prices will remain bullish in the second half of this year, but won't be higher than the first half's level, as companies in downstream activities halt production due to expected high operating costs, industry insiders said on Monday.

Mongolian unemployment rates are still on the increase

But still represents only about 1.5% of the total population. Despite the mining boom gripping Mongolia, a considerable portion of the population is still unemployed and likely to remain so.

"Volcanoes museum" in north China

Tourists and geologists visit the Basalt Canyon in Chaihe Township of Zalantun City, Hulun Buir, north China's Inner Mongolia Autonomous Region, Aug. 7, 2011.

Dinosaur fossil tracks uncovered

Polish paleontologists have reported a surprising fossil first - a Protoceratops dinosaur that apparently died in its own tracks about 80 million years ago in Mongolia writes Jeff Hecht of the New Scientist.

Rare earth price plunge unlikely

HOHHOT-- China's tight rare earth supplies will be an "irreversible trend" and prices will remain at high levels, a domestic entrepreneur said on Monday.

Glimpse of Xiaozhuang Cultural Tourism Zone in Inner Mongolia

Photo taken on Aug. 4, 2011, shows the Prince Darhan's mansion in Xiaozhuang Cultural Tourism Zone in Tongliao, north China's Inner Mongolia Autonomous Region.

White Gold, Black Gold and China's Energy Crisis

China has an ongoing energy crisis. Severe electricity power shortage spreads throughout most of China since spring time 2011.

Hot-air balloon festival kicks off in Inner Mongolia

Tourists enjoy scenery during a hot-air balloon flying at a hot-air balloon festival in Guyang County, north China's Inner Mongolia Autonomous Region, Aug. 7, 2011.

Sport of camel racing popular in Europe, Australia and Asia

When it comes to the world of racing, here in the United States we are accustomed to several different standard types of racing for sport.

Australia's Leighton selling iron ore mining business

Sydney - Australia's Leighton Holdings Ltd said Tuesday it would sell its principal contract iron ore mining business in Western Australia to global mining giant BHP Billiton Ltd.

Inner Mongolia Holds Beauty Contest for Sheep

Every year, Inner Mongolia holds a unique beauty contest–to find the most beautiful sheep.

Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Profits

China’s leading Rare Earth producer records rising 1-H Y 2011 net profits

India's strong domestic growth will see FII flows: Quam AMC

After global equity markets witnessed a volatile and tumultuous session, since the US credit rating downgrade, Chief Executive of Quam Asset Management, Richard Harris talks to CNBC-TV18 about how he reads the market post this newsflow.

Mongolia : Country of the Khans

Meet modern Mongolia—a mishmash of PlayStations, yurts, heavy metal, teenage shamans, Genghis Khan toilet paper, fried meat, and ancient glory.

Urbanisation creating slums in the capital city of Mongolia

As the least densely populated country in the world, space has never been a problem for Mongolia.

Copper sinks to two-month low, demand fears dominate

Copper fell to its lowest in more than a month on Friday as investors retreated from the industrial metal on escalating fears over economic and demand growth in the United States and the euro zone, both mired in a debt crisis.

Gold to double over the next five years, gold stocks offering value – Holmes

US Global Investors CEO Frank Holmes maintains that gold bullion is likely to rise significantly, albeit in a volatile fashion and, believes that gold stocks, especially those paying dividends will do well.

Peabody Coal Is On Fire With New Deals

Gregory Boyce, chief executive of coal giant Peabody Energy, is feeling his oats. Today (July 14), Peabody announced a deal with the Xinjiang Uyghur Autonomous Region of China to develop a 50 million ton per year surface mine — a giant project that would rank as one of the biggest coal mines in the world.

Ivanhoe Mines spend at Oyu Tolgoi project in Monday at $70 per second

BILLIONAIRE mining mogul Robert Friedland says Ivanhoe Mines’ colossal Oyu Tolgoi copper, gold and silver project in Mongolia is on track to begin production ahead of schedule and under budget.

Ivanhoe CEO Upbeat on Oyu Tolgoi

The Chief Executive Officer of Ivanhoe Mines, Robert Friedland is extremely pleased with the progress being made at the Oyu Tolgoi mine in Mongolia.

DISCOVER MONGOLIA 2011 International Mining Investors' Forum (IMIF) to Take Place in Ulaanbaatar, Mongolia, Announces Post-Conference Mine Site Visits

ULAANBAATAR, MONGOLIA--(Marketwire - Aug 8, 2011) - Mongolia's largest Mining Investors' Forum will take place in Ulaanbaatar from 8-9th September 2011.

Mongolia frets as giant coal mine launch looms

* Uncertainty clouds development of massive coal mine * Government silent after investment agreement "fiasco" * Public opinion also crucial as 2012 elections loom

Mongolian ethnic minority

Population: 4.8 million Major area of distribution: Mongolians live mainly in the Inner Mongolia Autonomous Region.

Mongolia’s Tavantolgoi coal, with WORLD MARKET as its DESTINATION, is ON ITS WAY

Yesterday, S.Enkhtuvshin took part in making history. He was the chief driver of the 40 other drivers who drove vehicles with Soyombo (Mongolian national symbol) on them, filled with the first batch of coal mined from Tavantolgoi.

Best Selling Cars Around The Globe: Mongolia falls for Korea

After Afghanistan , Norway and Haiti , I will continue to surprise you and get us all to Mongolia for our next stop.

Russia, Mongolia joint exercises in Sept to combat terrorism

Moscow, Aug 6 (Itar-Tass) Armed Forces of Russia and Mongolia will conduct joint anti-terrorism exercises , the Selenga, in September, Russia's Defence Ministry said in a press release.

Welcome to Mongolia: What the S&P Downgrade Means for Emerging Markets

"Nothing may change overnight, but the downgrade may eventually lead to stronger currencies and more fund flows for emerging markets." -- Aarati Krishnan, Business Line Research Bureau Chief, The Hindu[1]

Foreign citizens are granted with ID cards

A campaign has started nationwide to grant residence permission ID cards to foreign citizens in Mongolia.

Petroleum price increases due to higher taxes

Petroleum importer companies yesterday increased its prices. “Shunkhlai” group added MNT 90 to petroleum types AI-80 and AI-92. Price of petroleum now costs MNT 1340 for AI-80 type and 1590 for the AI-92 type.

B.Enebish: Erdenes Tavantolgoi will export 1.3 million tons of coal this year

Q: Erdenes Tavantolgoi is about to start its very first sales. What is the expected figure of export?

D.Sugar: Japan and South Korea are still in negotiation

Interview of D.Sugar who is the Director of Board of Members of “Erdenes MGL” and “Erdenes Tavantolgoi” and member of government’s working group on investment tender bid for Tavan Tolgoi’s western Tsankhi deposit.

Rio Tinto posts record profit

Rio Tinto reported a record $US7.6 billion ($A7.08 billion) first half net profit compared with the previous corresponding period, thanks once again to booming commodities markets, driven by industrialisation in Asia.

Rio warns of commodity price volatility

Global miner Rio Tinto warned on Thursday of high levels of volatility in commodity markets, pointing to risks to robust prices from monetary tightening in the developing world and European sovereign debt crises.

Denison Mines Corp. Reports Second Quarter 2011 Results

TORONTO, ONTARIO — Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE Amex:DNN) today reported its financial results for the three months and six months ended June 30, 2011.

China vows security crackdown in restive Xinjiang

BEIJING — China is ordering a sweeping security clampdown in the western region of Xinjiang following recent deadly attacks blamed on Muslim ethnic Uighur militants, with Beijing vowing "no mercy" toward anyone pursuing violence or separatism.

GTSO Signs Option to Acquire Cutting-Edge Resource Recovery Firm Klean Industries, Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)-- In a move to expand and diversify its clean-tech business, Green Technology Solutions, Inc. (OTCQB: GTSO) today announced the signing of an option to purchase cutting-edge Canadian resource recovery company Klean Industries, Inc.

Biden headed to China, Mongolia, Japan

Fresh from his role in forging the debt ceiling deal, Vice President Biden is preparing to do a little foreign policy for President Obama.

'Empire of Silver' about people who reshaped history

The cover doesn't tell you much. Just a shield and two spears. Another quick hoot about wild, martial men, I thought to myself.

Ivanhoe Mines, CEO Robert Friedland and Management Team Recognized With Dealmaker of the Year Award by Australia's Leading Mining Forum

KALGOORLIE, AUSTRALIA — Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), its Chief Executive Officer and founder Robert Friedland and the company's management team have been awarded Dealmaker of the Year honours by Australia's Diggers and Dealers Mining Forum.

Searching For Genghis Khan

We’ll talk to a research scientist just back from Mongolia about his super high-tech search for the tomb of Genghis Khan.

Mongolia Investment Summit

Building on the overwhelming success of Hong Kong’s first Mongolia Investment Summit in 2010, the event returns in 2011, doubling in size and showcasing even more Mongolian-based project and investment opportunities.

US Vice President to Visit China, Mongolia and Japan

U.S. Vice President Joe Biden is to visit China, Mongolia and Japan later this month.

Mongolians to be trained to work in construction of 100,000 apartments in Ulaanbaatar

The Chief of Building and Apartment Policy Board of the Ministry of Road, Transportation and Urban Development, B.Baasan, has said work on about half of the apartments under the 100,000 Apartments project began in April.

The capital City of Mongolia making its move to modernity

Mongolia is on the move. During rush hours in the capital city of Ulaanbaatar, Japanese and Korean second-hand cars jam the dusty lanes criss-crossing the city.

Sukhbaatar district asks Mongolian Government for MNT11 billion to implement projects

Managing officials of Sukhbaatar district have asked the capital city administration for MNT11 billion. MNT5 billion of this will go to construction of an administrative office for the district and MNT5.6 billion to implement a project to improve the flow of water in the Selbe River.

Beijing’s Ethnic Policies ‘Flawed’

As China warns of a harsh crackdown following ethnic violence in its troubled western region of Xinjiang, experts say the latest attacks in Kashgar city point to serious problems with government policies towards ethnic minorities.

Tap mining boom in Mongolia: President

The President, Ms Pratibha Patil, today asked Indian industry houses to exploit the vast opportunities in the mining sector in Mongolia, saying that the gold, copper and uranium reserves here hold much in store for them.

Russia, Mongolia to hold joint exercises

Russia’s and Mongolia’s armed forces will carry out joint anti-terrorism games from the 1st to the 10th of September.

Oyu Tolgoi under budget and ahead of schedule − Friedland

The Oyu Tolgoi copper/gold mega mine, in Mongolia, could likely be developed “ahead of schedule and under budget”, said Ivanhoe Mines CEO Robert Friedland.

Ivanhoe chief says Oyu Tolgoi should be worth $30 billion

Speaking at the Diggers & Dealers conference in Kalgoorlie Australia, Robert Friedland, executive chairman of Ivanhoe mines made big claims for the new mine his company is constructing in Mongolia together with major shareholder Rio Tinto.

Joint, combined team make first-ever Pac Angel - Mongolia a success

As part of the first Pacific Angel operation in Mongolia, U.S. Air Force and Mongolian army military engineers work side-by-side with local contractors to repair and renovate a clinic for Mongolian Armed Forces veterans and retirees in Tsenkermandal village from July 17 to 23.

Mongolia's giant coal mine begins shipments to China's Chalco

Aug 4 (Reuters) - Mongolia's massive Tavan Tolgoi project began shipping 4,000 tonnes of coal south to its new partner, the Aluminum Corp of China Ltd (Chalco) on Thursday following a ceremony at the mine site.

New Mongolian well spudded by Petro Matad

Petro Matad, the oil exploration company, has spudded a new exploration well in Mongolia.

Protests After Promise to Former Students for Job Assistance Broken

Protesters upset by China’s broken promise to offer post-graduation jobs sit-in at municipal office and are severely beaten by police.

ADB Loans Mongolia $20 Million

The Asian Development Bank (ADB) is providing a $20 million equivalent loan to help Mongolia improve the quality of its higher education system and increase enrollment by youth from poor, remote communities.

Mongolia's giant coal mine begins shipments to China's Chalco

ULAN BATOR Aug 4 (Reuters) - Mongolia's massive Tavan Tolgoi project began shipping 4,000 tonnes of coal south to its new partner, the Aluminum Corp of China Ltd (Chalco) on Thursday following a ceremony at the mine site.

Cracks on the wall

In the face of a spreading Uighur rebellion, China's love-fest with its 'all-weather ally', Pakistan, may have started to turn a bit sour, with Xinjiang authorities charging that a prominent Uighur separatist they captured had received terrorist training in Pakistan.

Petro Matad encouraged by Davsan Tolgoi-8 well results

Petro Matad is further encouraged by the results of Davsan Tolgoi-8 well in Mongolia which has confirmed the presence of oil in the Uvgan Gol paleovalley.

Grain Production Falling as Soil Erosion Continues

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The thin layer of topsoil that covers much of the earth's land surface is the foundation of civilization. As long as soil erosion on cropland does not exceed new soil formation, all is well.

Khaan Quest 2011 kicks off with multinational opening ceremony

FIVE HILLS TRAINING AREA, Mongolia — Exercise Khaan Quest 2011 kicked off after the opening ceremony at Five Hills Training Area near Ulaanbatar, Mongolia, July 31.

Equine influenza epidemic breaks out in Mongolia

ULAN BATOR, Aug. 2 (Xinhua) -- The Mongolian government has confirmed equine influenza, a disease that mainly affects horses, broke out in 14 provinces.

Li Ka Shing Foundation to buy China Timber bonds

Aug 2 (Reuters) - Investors including the Li Ka Shing Foundation and China Life Insurance are to buy HK$2 billion ($256 million) of China Timber Resources Group (CTRG) convertible bonds to finance an expressway in Mongolia, CTRG said on Tuesday.

Mongolian connection

While our strategic community reacts anxiously to Beijing’s deepening ties with India’s neighbours, it devotes little attention to Delhi’s pro-active diplomacy in China’s periphery.

Blue Wolf Mongolia Holdings Corp. Ordinary Shares and Warrants to Commence Trading Separately on August 3, 2011

NEW YORK, Aug. 2, 2011 /PRNewswire/ -- Blue Wolf Mongolia Holdings Corp. (the "Company") (NASDAQ: MNGLU), announced today that Deutsche Bank Securities Inc., the representative of the underwriters of its initial public offering of units, which was consummated on July 20, 2011, has notified the Company that commencing on Wednesday, August 3, 2011, the holders of the Company's units may elect to separately trade the ordinary shares and warrants underlying the units.

Local wrestlers have friendly dual against Mongolia team postponed

Jordan Thomas said it was such a great learning experience wrestling against international competition the last time, that he was looking forward to it again this year.

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

Calgary, Alberta CANADA, Aug 02, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its July 2011 letter to shareholders.

Ivanhoe sees itself worth at least double current value

* Sees Ivanhoe shares worth over $46 v $25.50 last trade * Mongolia copper mine on track to start producing in 2013 * Rio Tinto can raise stake to 49 pct by Jan 2012 (Adds CEO comments)

Long-Term Mongolian Government Bond Will Be Issued

Government bonds totaling of 76.0 billion tugriks were successfully traded at Mongolian Stock Exchange on June 8th 2011 and July 6th 2011, whose funds will be used for financing long term housing loan program for 4,000 state employees.

Mongolia’s Foreign Currency Reserve is at $2.5 Billion USD

Mongolian Central Bank has bought 1409 kg of gold from individuals and companies as of july 26, compared with the previous year this showed an increase of 440,5 kg equaling 1.4 times of the gold reserves of the year before, nullifying the sudden price spike tax had a positive affect on the central bank’s reserves.

The First Half of 2011 Bulletin, all compared Year-on-Year to the First Half of 2010

National Statistics Office of Mongolia: The First Half of 2011 Bulletin, all compared Year-on-Year to the First Half of 2010

Sumo: Harumafuji gearing up for yokozuna bid+

TOKYO, Aug. 2 (AP) - (Kyodo)—Harumafuji, who won his second career title at the Nagoya Grand Sumo Tournament in July, is hoping he has learned from the mistakes of his past.

Another MiG Mess For The Mongols

August 2, 2011: Mongolia is buying five MiG-29 fighters from Russia. Mongolia does not need MiG-29s, since it is surrounded by Russia and China, two much more powerful nations.

Mongolia's Military Trains With U.S., Buys Fighters From Russia

Mongolia has kicked off its annual international peacekeeping exercise, Khaan Quest, with about 900 soldiers from 11 countries taking part.

MUI Corporation executes deed of amendment on option to acquire Mongolian Coal License

MUI Corporation (ASX: MUI) and Inner Mongolia Xinyuan Mining Co Ltd of China (IMXM) have executed a deed of amendment relating to the original “Put and Call Option Deed" for the acquisition of a Mongolian coal license.

Small-scale Technical Assistance for Developing a Computable General Equilibrium Modeling Framework for Analyzing the Impacts of Power Trading Between Mongolia and the People's Republic of China

Regional cooperation and integration is a high priority for Asian Development Bank (ADB), and the strategy for Mongolia includes assistance for stable broad-based economic growth by diversifying the sources and geographical distribution of growth, and stabilizing export earnings.

-40C or +35C? When to invest in Mongolia

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Major stock exchanges should not be affected by seasonality. At least that is what efficient market theory would teach.

British Appeals Court Rejects Official Acts Immunity for Mongolian Rendition

Last Friday, a British appellate court — the England and Wales High Court — issued an unusual decision that creates a further chink in the immunity of foreign government officials from criminal prosecution for their official acts and that could have implications for current and former U.S. government officials.

Mongolia looks up to Indian collaboration

ULAAN BAATAR, Aug 1 – In the past, the Mongol empire stretched from Asia to Europe thanks to military tactics built around the imaginative use of cavalry and archers.

PM meets President Patil

New Delhi, July 31 (PTI) Ahead of the Monsoon session of Parliament starting tomorrow, Prime Minister Manmohan Singh today called on President Pratibha Patil and apprised her about the forthcoming session and other national and international issues.

Govt working on Women Reservation Bill: Patil

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President Pratibha Patil on Saturday said the government was coordinating with all political parties to pave way for Women Reservation Bill, pending for consensus in Lok Sabha for over a year.

Mongolia Donates Statue of Khan Asparuh

Mongolians created a sculpture of the founder of Bulgarian state Khan Asparuh and donated it to the town of Strelcha.

U.S. pressing for deal with other countries to build nuclear fuel repository in Mongolia

Momentum has been quickly building behind the scenes for an ambitious and controversial project led by the United States and Japan to build a nuclear fuel repository in Mongolia as Washington is trying to secure a memorandum of understanding (MOU) with other countries concerned by the end of this year.

Centerra Gold looks to Mongolia for growth

Centerra Gold reported a profit of $71.1 million in the third quarter, more than double its earnings from the same time last year.

Key political risks to watch in Mongolia

BEIJING Aug 1 (Reuters) - Mongolia sits on vast quantities of untapped mineral wealth, and foreign investment in gigantic mining properties is expected to transform its tiny economy in the next decade.

India inks defence cooperation pact with Mongolia

Giving a fillip to its ties with Mongolia, India on Thursday signed a defence cooperation agreement with the northeast Asian country and announced that it would extend a $20 million Line of Credit for a joint IT, education and outsourcing centre to be set up here.

India to boost trade ties with Mongolia

ULAAN BAATAR, July 31 – India is making a strong pitch to develop trade and industrial ties with Mongolia with select heads of Indian industrial firms already identifying potential areas of interest.

India liberalises visas for Mongolian Buddhist scholars

India also inked a nuclear pact with South Korea for peaceful uses of atomic energy and another agreement on cooperation in defence with Mongolia.