Mongolian Economy and Finance

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

DP discusses draft budget, other issues

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

Convicted ACA officials will not return

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

CAMPAIGN RUNNING TO SUPPORT HIV/AIDS PEOPLE

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

RESEARCH IN POPULATION'S NUTRITION PRESENTED

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

Mongolia: Industry changes in the making

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

How the Oyu Tolgoi Project is creating opportunities in Mongolia

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

Mongolia shows preparedness in mining future

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

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

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

Mongolia holds 24th World Cadets Championship in Draughts

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

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

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

Cougar says A$34m Qld lawsuit making progress

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

Prime Minister Meets with UN Secretary-General

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

S.Demberel enlists to CWP

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

Parliament passes 2011 revised budget

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

Coal transportation railway likely to be finished in 2014

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

Officials decide citizens’ complain of consumer’s rights violation

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

Mongolia mulls listing of rail stake in Hong Kong

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

Ivanhoe Australia’s good news double play

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

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

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

Mongolia holds 24th World Cadets Championship in Draughts

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

Mongolia requests to become OSCE participating State

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

Mongolia Replaces Australia As Largest Coking Coal Supplier

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

Choi Tseveenpurev Wins “Prizefighter”: The Featherweights

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

DP officials express support for One Democracy Association

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

Parliament postpones discussion on tariff increase

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

New buses to serve public transport

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

MPs approve a draft law on fight of human trafficking

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

Health sector discusses emergency reform

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

MONGOLIA GIVES CONCERT IN UN GENERAL ASSEMBLY HALL

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

G.ZANDANSHATAR GIVES INTERVIEW

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

PARLIAMENT APPROVES BUDGET CLARIFICATION FOR 2011

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

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

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

S.Demberel becomes member of Civil Will Party

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

Natural Environment Must Be Considered During Oil Extraction

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

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

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

A View on the Mongolian Trafficking Situation

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

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

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

Cougar pursuing opportunities in Asia

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

Mongolian core to Russia's nuclear bid

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

UPO continuing investigation of July 1 incidents

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

Ulaanbaatar Office for Children selects “best families”

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

First Deputy PM N.Altankhuyag discusses salaries, budget

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

MEETING RUNS ON MINING ISSUES

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

Rio Tinto CEO Keen To Increase Exposure To Africa

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

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

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

MORE THAN ONE HUNDRED STUDENTS WIN SCHOLARSHIP

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

More rare earth companies in China suspending production as prices slide

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

Suresh Kumar Talks US-Mongolia Relations

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

Listing on Australian Securities Exchange for Mongolian Companies

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

Mongolia mulls listing of rail stake in Hong Kong -report

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

Mongolia to Open China, Russia Railways

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

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

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

O.Sodbileg discusses candidacy, proposed election structure

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

Workers demand resignation of Erdenet director

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

CABINET MEETING IN BRIEF

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

NAT'L PROGRAM AGAINST CHILD LABOR APPROVED

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

HEALTH VICE MINISTER MEETS ADB ADVISER

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

FOREIGNERS RECEIVE HONORARY MEDALS FROM VICE MAYOR

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

MONGOLIANS AND POLISH TO VISIT EACH OTHER WITH NO VISA

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

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

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

Former ACA Chief Sangaragchaa released from Prison

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

Government approves draft law on press freedom

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

Canadian Stocks Rise as Copper Shares Gain on China Rate Outlook

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

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

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

C@ to acquire coal prospects in Mongolia

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

Government of Mongolia proposes 2012 budget

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

Mongolia becomes leading coal exporter to China

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

Mongolia Jeanne: Shaheen’s airy talking points

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

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

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

EXHIBITION ABOUT MONGOLIA RUNS IN THAILAND

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

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

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

TS.ELBEGDORJ GIVES LECTURE AT OXFORD UNION

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

Election Law for Whom?

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

Bullman Signs Letter of Intent for Qualifying Transaction

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

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

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

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

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

MPRP officials comment on state of politics

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

Foreign Affairs Ministry organizes anniversary events

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

Standing committee discusses draft laws

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

President meets with Prince Andrew

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

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

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

Lending Crisis Stokes Fears of ‘China Economic Model’ Collapse

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

Citizens’ savings increase

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

Scholars discuss nature and environment of Ulaanbaatar

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

Woman in Silence

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

Good after the last drop

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

Mongolia has feasibility to raise fund in international market

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

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

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

The Speaker pays visit to a power plant in Darkhan

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

Mongol Bank increases policy rate

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

GARBAGE RECYCLING PLANT OPENS

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

MONGOLIA TO CELEBRATE 50TH ANNIVERSARY OF JOINING UN

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

DEFENSE MINISTER VISITS TURKEY

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

Minister for Finance reports on Oyu Tolgoi agreement

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

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

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

Mongolia becomes middle-income country: WB and IMF

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

The World Has Come to Our Backyard

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

700-Year-Old Mongolian Shipwreck Discovered in Japan

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

Vast business and investment opportunities in Mongolia

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

MPP, DP caucuses to discuss election structure

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

MPP caucus discuses the MPs demand

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

MPP caucus holds its position on election structure

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

The President meets with David Cameron

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

DRAFT LAWS AND DECISIONS SUBMITTED TO SPEAKER

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

Civil movements join to a new union

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

The Increasing Geopolitical Risks Of Mining

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

Global Economy Woes Dim Forecasts for China’s Copper Demand

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

Mongolian Netizens Rally for Protest Amid Rising Tension

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

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

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

GASR delegation visits UK counterparts

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

"METALS MONGOLIA 2011" FORUM APPROACHES

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

International conference “Oil and Gas” to be held

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

Mongolia tallies its rivers and lakes

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

GRAVE FOUND, MAY BE OF HUN KING

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

NEW PARTY REGISTERED

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

"METALS MONGOLIA 2011" FORUM APPROACHES

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

PREMIER MEETS JAPAN'S AMBASSADOR

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

Move to hike tariff on imported wheat advances

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

China Sept coal imports set record at 19.1Mt

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

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

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

Protesting herder killed by truck in Inner Mongolia

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

Speaker attends refinery groundbreaking in Darkhan-Uul

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

Ivanhoe Mines Calls Lure Traders Speculating on Buyout: Options

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

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

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

Mongolia: An Economic Boom Investment Guide

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

Standing committees will discuss PM resignation issue

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

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

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

DP youth support proportional election system

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

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

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

MONGOLIA-UK BUSINESS FORUM HELD

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

AMBASSADOR J.ENKHSAIKHAN TO CHAIR PREPARATORY COMMISSION

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

MONGOLIA ESTABLISHES DIPLOMATIC TIES WITH HONDURAS

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

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

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

Move to hike tariff on imported wheat advances

MONGOLIA AND UK: REGISTRATION BODIES TO COOPERATE

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

Speaker attends refinery groundbreaking in Darkhan-Uul

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

The Factors of Chinese Direct Investment in Mongolia

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

Big recovery Friday in copper and other base metals

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

Mongolia Opens Doors for Foreign Investment

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

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

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

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

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

General Mining Corporation builds up to coal exploration in Mongolia

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

Mongolia, Turkey to cooperate on military issues

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

S.Ganbaatar to join “Occupy Wall Street” movement

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

SSC registers the Labor Party of All Mongolia

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

MINERAL RESOURCE MINISTER MEETS UNDP ADMINISTRATOR

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

Mongolia and Italy make strides toward a stronger relationship

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

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

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

Proposal would partially privative state-owned utilities

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

AMBASSADOR OF BRAZIL VISITED MONGOLIA

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

CABINET MEETING IN BRIEF

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

MONGOLIA-CROATIA JOINT STATEMENT RELEASED

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

MINERAL RESOURCE MINISTER MEETS UNDP ADMINISTRATOR

EXPANDED TALKS HELD BETWEEN MONGOLIAN AND CROATIAN PRESIDENTS

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

Mongolia establishes diplomatic ties with three countries

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

The Urban Clan of Genghis Khan

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

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

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

HELEN CLARK'S REMARKS ON 50TH ANNIVERSARY

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

Another country to appease — North Korea now

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

Steeling for more commodities volatility

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

UNDP chief wraps up visit to Mongolia

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

No time for horsing around at Inter

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

Mongolians celebrate vote for independence

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

Australian doctors developing Mongolia's anaesthesia training

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

New Mongolian citizens take oath

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

Mongolia and Italy make strides toward a stronger relationship

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

Chinalco to buy 45 mln T of Mongolian coking coal

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

Mongolian court orders govt to enforce mining ban

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

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

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

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

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

Move One Logistics Open New Freight Offices in Asia

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

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

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

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

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

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

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

Mongolia’s Economic Miracle, Revisited

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

Germany Looks to Mongolia to Secure Energy Future

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

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

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

Seminar addresses human rights issues in central Asia

The Office of the United Nations High Commissioner for Human Rights (OHCHR) and the Mongolian Institute of Human Rights and Democracy jointly organized a regional human rights seminar in Dushanbe, Tajikistan, on October 12 and 13.

Constitution changes proposed

A working group on the constitution established by an order of the Speaker has received many suggestions from citizens.

National Council for Children meets to discuss several issues

The National Council for Children met on Wednesday and discussed several issues, including risk prevention, child safety, and children’s camps.

35th anniversary of border agreement marked

Wednesday marked the 35th anniversary of an historic border agreement between Mongolia and Russia.

MEETING BETWEEN JAPANESE AND MONGOLIAN DELEGATIONS

Ulaanbaatar, Mongolia /MONTSAME/ The Speaker of the House of Representatives of Japan's parliament Mr. Takahiro Yokomichi has said the Japanese always thank Mongolia for its assistance and help given during the natural disasters occurred there last March.

HEALTH MINISTER MEETS GOVERNOR OF NEW SOUTH WALES

Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the Minister of Health S.Lambaa mer a delegation headed by Mrs. Marie R. Bashir, the governor of New South Wales State of Australia.

MONGOLIA AND SLOVAKIA SIGN INTERGOV'L PROTOCOL

Ulaanbaatar, Mongolia /MONTSAME/ An intergovernmental protocol on the agreements regulating the Mongolia-Slovakia relations has been established.

PREMIER ADDRESSES CONFERENCE

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, S.Batbold PM addressed the international conference themed "Avoiding the Resource Curse: Managing Extractive Industries for Human Development".

STATE HEAD MEETS CROATIAN PRESIDENT

Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj arrived on Wednesday in Zagreb to pay a state visit to the Republic of Croatia at invitation of the President Ivo Josipovich.

Prime Minister meets with the head of UNDP

Mongolian Prime Minister Sukhbaatar Batbold pledged Tuesday that his country will speed up efforts to achieve the Millennium Development Goals (MDGs).

24-storey international finance center to be constructed in city center

Mongolian Properties Development is planning to construct a new 24-floor office building for Ulaanbaatar. Construction is expected to complete in 2014.

Mongolia: New Frontiers in M&A and Private Equity

08 November 2011 , Kempinski Hotel Khan Palace, Ulaanbaatar. Mongolia, with perhaps untold riches of mineral deposits, has surged onto the world stage at time of record high commodity prices.

Mongolian PM pledges to speed up efforts in achieving MDGs

Mongolian Prime Minister Sukhbaatar Batbold pledged Tuesday that his country will speed up efforts to achieve the Millennium Development Goals (MDGs).

Copper sinks after Fed predicts ‘weak outlook’

The markets hammered copper on Wednesday after the Federal Reserve said in its Beige Book survey that economic prospects in the United States appear to be dimming.

World Bank, IFC, “Doing Business-2012″, Mongolia:86/183

This page shows summary Doing Business 2012 data for Mongolia.

Coking coal prices to fall as world demand softens

Coking coal prices could fall to below $240/t by the fourth quarter of next year, as demand softened and supply recovered from flood-hit basins in Australia, a Wood Mackenzie analyst said on Wednesday.

Rehberg attacks lobbyists, while son represents Mongolian government in D.C.

HELENA - U.S. Rep. Denny Rehberg has made a point of criticizing Democratic Sen. Jon Tester's campaign money ties to lobbyists in their battle for the U.S. Senate, but the Republican has been less vocal about his son's position as an executive with a Washington, D.C., lobbying firm.

Korean City Hosts UN Conference On Desertification

An ambitious plan to plant trees shows up in the Geo Quiz this time.

Germany to mentor the Mongolian economy

Prime Minister S. Batbold declared Germany to be Mongolia's prime partner in Europe during German Chancellor Angela Merkel's visit to Mongolia.

Mongolia president visits Inter

ROME: Mongolia president Tsakhia Elbegdorj visited the headquarters of Serie A giants Inter Milan on Wednesday and met with club president Massimo Moratti .

Mongolia, DPRK seek education cooperation

ULAN BATOR, Oct. 19 (Xinhua) -- Mongolia and the Democratic People's Republic of Korea (DPRK) had agreed to pursue cooperation in education, Mongolian official press said Wednesday.

DP officials say Baganuur should be a city, not a district

The DP forum “Mongol Citizen 2020” was held in Baganuur district last Sunday.

Committee approves prisoner swap with China

The Standing Committee on Security and Foreign Policy on Tuesday approved a proposed prisoner exchange with China.

D.Enkhbat says he won’t return GP party seal

Former Green Party (GP) chairman D.Enkhbat is refusing the GP’s demands that he return the party’s seal and certificate.

Forum aims to boost investment in Dundgobi aimag

A forum was held in Ulaanbaatar on Tuesday with the aim of increasing investment in the southern aimag of Dundgobi.

Mongolian embassy opens in Rome

President Ts.Elbegdorj took part in a ceremony marking the opening of the Mongolian Embassy in Rome on Tuesday.

President proposes establishing fish farms in Mongolia

President Ts.Elbegdorj called on the head of the Food and Agriculture Organization (FAO) of the United Nations, Jacques Diouf, at FAO headquarters in Rome on Tuesday.

EMERGENCY AID CENTER RECEIVES NEW EQUIPMENT

Ulaanbaatar, Mongolia /MONTSAME/ A contract was signed October 17 between a Health project of Mongolia's Millennium Challenge account /MMCA/ and the Department of Health.

VICE SPEAKER RECEIVES LEADER OF S.KOREAN CULTURAL FOUNDATION

Ulaanbaatar, Mongolia /MONTSAME/ The chairman of the Korean Cultural Foundation Dr. Pak Bo Hi has pointed out that the Mongolia-South Korea cooperation has been widening year by year.

EXPANDED TALKS HELD

Ulaanbaatar, Mongolia /MONTSAME/ On Monday, the President of Mongolia Ts.Elbegdorj and the President of Italy Giorgio Napolitano held expanded talks on Monday.

PRESIDENT MEETS WITH POPE BENEDICT

Ulaanbaatar, Mongolia /MONTSAME/ Paying an official visit to Italy, the President of Mongolia Ts.Elbegdorj visited Vatican City and met with Pope Benedict XVI on Monday.

TS.ELBEGDORJ AWARDED ABOLITIONIST OF YEAR OF 2011

Ulaanbaatar, Mongolia /MONTSAME/ The prize for “Abolitionist of the Year 2011” has been awarded by "Hands Off Cain" World Coalition against capital punishment to the President Ts. Elbegdorj.

FINANCE MINISTRY BECOMES DONOR ORGANIZATION

Ulaanbaatar, Mongolia /MONTSAME/ The Finance Ministry of Mongolia has became the first ever donor-state organization of Mongolia.

IFC SIGNS DOCUMENTS

Ulaanbaatar, Mongolia /MONTSAME/ The International Finance Corporation has concluded an agreement on the cooperation on a food safety draft law with the Parliamentary Standing Committee on Environment, Food and Agriculture and a memorandum on cooperation on the implementation of the new law to be approved with the Professional Inspection Agency of Mongolia.

Move One Mongolia Relocates to a New Office

Move One has further expanded its range of services in Mongolia by opening a new office in Ulaan Baatar.

MONGOLIAN AIRLINES HAS BOEING 767-300

The Mongolian Airlines (MIAT) has taken a new airplane--Boeing 767-300. A ceremony of receiving the airplane took place on Monday in the MIAT Company

UNESCO ORGANIZES TRAINING FOR MONGOLIAN ARCHEOLOGISTS

On Monday, the Minister of Education, Culture and Science Yo. Otgonbayar and the Ambassador Extraordinary and Plenipotentiary of Japan to Mongolia Mr. Shimizu Takenori officially opened training entitled "Protection of cultural heritage".

Study finds 2.9% prevalence of glaucoma in rural Mongolian population

The prevalence of glaucoma in a rural adult population in northern China proved similar to that of other Asian populations, a large study found.

Ukraine to learn possibility of joint coal production with Russia in Mongolia

Kyiv, Moscow and Ulan Bator are to consider the prospects for joint coal production on the territory of Mongolia.

“Metals Mongolia” forum to be held in Ulaanbaatar

“Metals Mongolia 2011,” a forum for international investors, will be held in the Government House on November 3 and 4.

Mongolian PM pledges to speed up efforts in achieving MDGs

ULAN BATOR, Oct.18 (Xinhua) -- Mongolian Prime Minister Sukhbaatar Batbold pledged Tuesday that his country will speed up efforts to achieve the Millennium Development Goals (MDGs).

Coking coal outlook a boon for Carabella

There has been further confirmation in the past few days that when looking at resource commodities, coking coal is the place to be to protect against the softness being experienced by the rest due to euro debt concerns.

Kincora Copper gives Bronze Fox update, which Ocean Equities calls "very impressive"

Kincora Copper ( CVE:KCC ) Tuesday announced an exploration update at its Bronze Fox project in Mongolia, as it named Igor Kovarsky as president and CEO.

TVN Corporation's 3km coal sequence remains open at Nuurst in Mongolia

TVN Corporation (ASX: TVN) has ramped up drilling at its wholly owned Nuurst Coal Project in Mongolia which has confirmed a continuous thick coal sequence that extends across the full width of the south western limb of licence area.

Lucky Strike Resources Ltd. Joins OTCQX

NEW YORK, Oct. 18, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade over-the-counter ("OTC") stocks, announced that Lucky Strike Resources Ltd. (OTCQX: LKYSF; TSX.V: LKY), a mineral exploration company focused on properties in China and Mongolia., is now trading on the highest tier of the OTC market, OTCQX®.

Off to the main board for New Millennium and Prophecy

TORONTO (miningweekly.com) – Two mining juniors are quitting kindergarten for big school on Wednesday, with iron-ore developer New Millennium Iron Corp. and Prophecy Coal, which has assets in Mongolia, both announcing approval to graduate to the TSX main board.

APNewsBreak: Rehberg's son works for lobbyists

HELENA, Mont. — U.S. Rep. Denny Rehberg has made a point of criticizing Democratic Sen. Jon Tester's campaign money ties to lobbyists in their battle for the U.S. Senate, but the Republican has been less vocal about his son's position as an executive with a Washington, D.C., lobbying firm.

Green Party officials address controversies

Green Party Chairman S.Maam answered our correspondent’s questions about recent controversies surrounding the party.

President Ts.Elbegdorj begins official visit to Italy

President Ts.Elbegdorj’s official visit to Italy began with a welcome ceremony in Rome on Monday.

DP caucus discusses election structure

The DP caucus at Parliament discussed the election structure issue on Monday.

South Korea likely to cooperate on waste-to-energy incinerator

The representatives of a South Korean company called on Ulaanbaatar Mayor G.Munkhbayar on Tuesday to discuss the possibility of helping the city construct a waste-to-energy incinerator that would generate heat for households in the city.

Edinburgh Woollen Mill defends ‘Designed in Scotland’ label

Langholm, Scotland-based clothing retailer, Edinburgh Woollen Mill (EWM) has defended the ‘Designed in Scotland’ labels on its clothing manufactured at a factory in Mongolia.

Cashmere Knitwear Causing Conflict in UK

Conflict over the use of North Korean labor in third countries has erupted again with claims in the British media that knitwear chain Edinburgh Woolen Mill (EWM) has been indirectly supporting Pyongyang through its use of an Eermel production facility in the Mongolian capital, Ulan Bataar.

Mongolia President Visits Pontiff

VATICAN CITY, OCT. 17, 2011 ( Zenit.org ).- Benedict XVI and the president of Mongolia today discussed the importance of interreligious dialogue for the promotion of peace.

China Baotou to Halt Rare Earth Operations for One Month

BEIJING— Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co. said Tuesday that it would suspend smelting and separation work for a month starting Wednesday in a bid to "stabilize the market."

Ts.Batbayar: Number of MPs from Ulaanbaatar should not be decreased

MPs from Ulaanbaatar oppose the MPP’s proposed “48-28” election structure, because it would reduce the number of MPs elected from the capital.

GP officials demand return of party seal from D.Enkhbat

Green Party (GP) officials say they plan to send a note to MPs D.Enkhbat and S.Oyun to tell them to “stop their illegal activity.”

MONGOLIAN DELEGATIONS AT 10TH CONFERENCE IN S.KOREA

Ulaanbaatar, Mongolia /MONTSAME/ At the Conference of the Parties to UN's Convention on Combating desertification, Mongolia has taken part in discussions and has briefed to the gathered on actions related to the desertification in his country.

MONGOLIA AND BRAZIL TO COOPERATE

Ulaanbaatar, Mongolia /MONTSAME/ A cooperation memorandum has been inked between the Food, agriculture and light industry Ministry of Mongolia and the Agriculture, animal husbandry, food support Ministry of Brazil.

Rare Earth Exploration Hotspots

Prices for rare earths may have slumped in recent weeks, dragging down stocks in mining companies including big names such as Molycorp Inc . (NYSE: MCP ) and Lynas Corp . (ASX: LYC ), but the hunt for deposits outside of China continues unabated.

Kincora Copper Announces the Appointment of New President and Chief Executive Officer

VANCOUVER, BRITISH COLUMBIA, Oct 17, 2011 (MARKETWIRE via COMTEX) -- Kincora Copper Limited CA:KCC +26.67% (the "Company" or "Kincora") is pleased to announce that Igor Kovarsky has joined as President and Chief Executive Officer and member of the Board of Directors, effective 17th October 2011.

Lucky Strike Joins OTCQX and S&P Market Access Program

VANCOUVER, BRITISH COLUMBIA, Oct 17, 2011 (MARKETWIRE via COMTEX) -- Lucky Strike Resources Ltd. ("Lucky Strike" or the "Company") (tsx venture:LKY)(otcqx:LKYSF) is pleased to announce that the Company's common stock commenced trading today on the OTCQX International market, under the trading symbol "LKYSF".

Mongolian President at the Vatican

Monday morning, Pope Benedict XVI received the President of the Republic of Mongolia, Tsakhiagiin Elbegdorj, in audience.

Mongolia may add banks to Tavan Tolgoi adviser list

LONDON Oct 17 (Reuters) - Mongolia could add "one or two" banks to its list of advisers for the multi-billion dollar initial public offering of Erdenes-Tavan Tolgoi, believed to be the world's biggest coking coal deposit, a senior official said on Monday.

Gold smuggling reportedly rising

At last Friday’s session of Parliament, Mineral Resources and Energy Minister D.Zorigt replied to a query from MPs Ts.Sedvanchig and D.Enkhbat to Prime Minister S.Batbold concerning gold mining.

CWP joins Liberal International

The Civil Will Party (CWP) has been admitted as a member of Liberal International, a London-based organization of liberal political parties.

UN Assembly approves project suggested by Mongolia

A project proposed by Mongolia was approved at a meeting of the third committee of the 66th session of the United Nations General Assembly in New York on October 13. The project is called “The Role of Cooperatives in Social Development.”

Mongolia and EU discuss cooperation and partnership

The 14th meeting of a joint Mongolia-European Union committee was held in Brussels on October 13.

TRIPARTITE CONSULTATIVE MEETING RUNS

Ulaanbaatar, Mongolia /MONTSAME/ A tripartite regular consultative meeting between political departments of Foreign affairs Ministries of Mongolia, Russia and China took place October 13 in Ulaanbaatar.

THAILAND'S CULTURAL DAYS TO TAKE PLACE

Ulaanbaatar, Mongolia, /MONTSAME/ Thailand's culture days will run at Chingis hotel in Ulaanbaatar October 17.

MONGOLIAN LAWMAKERS TO LEAVE FOR SWITZERLAND

Ulaanbaatar, Mongolia /MONTSAME/ The representation of Mongolia's parliament led by Speaker D.Demberel is to head to Bern, Switzerland, October 15, for the 125th assembly of International parliamentary union /IPU/.

ABOUT THE VISIT OF UNDP ADMINISTRATOR

Ulaanbaatar, Mongolia, /MONTSAME/ A visit of the UNDP Adminsitrator, October 18-20, will begin with meetings with Mongolian Prime Minister Sukhbaatar Batbold and representatives from government ministries, non-governmental organizations, representatives of partner agencies and UN organizations.

Power Plant V bidders to be shortlisted by November 28

During the State Great Khural session, October 14 2011, MP D.Zorigt, Minister for Mineral Resources and Energy, made statement that Power Plant V tender bidders will be shortlisted by November 28 2011 and its winner will sign contract on March 2012.

Germany Playing Catch-Up in Scramble for Resources

Chancellor Angela Merkel has signed a commodities deal with Mongolia during her visit to the Central Asian country.

Woollen Mill accused of selling ‘Scots’ goods made in Mongolia

One of Edinburgh’s iconic clothing stores has been accused of selling sweaters labelled “Designed in Scotland” – which have in fact been made in Mongolian factories by North Korean workers.

Yurts & skyscrapers: RMC geology professor studying mountains in Mongolia observes country’s mix of tradition, progression

Local residents driving Derek Sjostrom through central Mongolia were geniuses at fixing vehicles that need at least some repair every day.

Woollen Mill denies misleading shoppers

EDINBURGH Woollen Mill defended labelling its clothes “Designed in Scotland” yesterday despite them being made in a factory in Mongolia.

Former U.S. Defense Secretary Visits Mongolia

Mongolian Prime Minister Sukhbaatar Batbold met here Saturday with visiting former U.S. Defense Secretary Donald Rumsfeld.

Mongolia To Spend More On Its Infrastructure

The Mongolian government, in addition to contracts concerning coal mining operations (which are controversial due to the questionable workers’ condition and other issues) throughout the country, has vowed to spend more than 1.2 trillion tögrög on its infrastructure, the equivalent to more than 1 billion U.S. dollars.

North Korean regime 'propped up' by Edinburgh Woolen Mill sweatshop deal

THE Edinburgh Woollen Mill have been exposed for using North Korean sweatshop labour to make their clothes.

Yet Another Mongolian Crossroads

ULAN BAATOUR, Mongolia — Flying into this capital city nestled among treeless, light brown mountains brought back memories of a grimy, industrial Soviet city from 30 years ago.

A matter of life, death and vodka

It was not a particularly enticing prospect. Eleven years ago, Melbourne doctor David Pescod was asked to represent Australia at an anaesthesia conference in cold and windy Mongolia.

The rise of 'Mine-golia'

The pit lamp gives off a resplendent glow. Only his eyes are visible, the rest of his face protected by a piece of black cloth.

Mongolia abandons nuclear waste storage plans, informs Japan of decision

PARIS -- The Mongolian government told Japan government officials and others concerned in late September that it had decided to abandon its plans to cooperate with Tokyo and Washington and build facilities to temporarily store and dispose of nuclear waste, it was learned on Oct. 14.

Macmahon win Tavan Tolgoi coal contract

Macmahon Holdings have been awarded a contract for coal mining at the massive Tavan Tolgoi mine in Mongolia.

Mongolia's capital tries to shed its smog

(Reuters) - Inside a stove showroom deep in the suburbs of this sprawling smoke-filled city, Mam Ivermint, 80, is shopping for a new coal-fired stove -- her unlikely contribution to the cause of cleaner air.

Merkel meets with Mongolian military personnel

Continuing her official visit to Mongolia on Thursday, German Chancellor Angela Merkel met with Mongolian military personnel who took part in peacekeeping operations under German command in northern Afghanistan.

“Beehive” program encourages Mongolians abroad to come home

The Government is implementing a “beehive” program to encourage Mongolians living abroad to return to their native land.

Currency forum says “motherland allowance” increases poverty

Mongolia’s “motherland allowance,” which grants each Mongolian citizen MNT 21,000 every month, was heavily criticized at an open forum on currency policy held at the University of Mongolia on Thursday.

“My Ulaanbaatar” demonstration postponed

A demonstration planned for noon on Friday at Sukhbaatar Square to demand Ulaanbaatar get more representatives in Parliament has been cancelled.

MPs debate draft law on energy

At Thursday’s session of Parliament, MPs debated a draft law on energy. The draft law covers issues including safety reserves, measures to stabilize energy prices, and a proposal to change the board that sets electric rates.

CABINET METS 46 TIMES

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet had 46 meetings, which took 148 hour 32 minutes, to get acquainted with 739 issues, of which 536 were discussed and 203 decided in the first nine months of this year.

MONGOLIA AND GERMANY SIGN DOCUMENTS

Ulaanbaatar, Mongolia, /MONTSAME/ In a scope of the official visit of Germany's Chancellor Mrs Angela Merkel to Mongolia, the two countries signed Thursday documents.

Mongolian contract just the beginning - Macmahon

WEST-Perth based Macmahon Holdings boss Nick Bowen says the company’s latest $491 million contract in Mongolia is an “enormous opportunity”.

A Good Day in Mongolia

Today, October 14, 2011, Mongolians are very busy. It is the 17th day of the second month of autumn, an auspicious day in Mongolia’s Buddhist calendar.

Hyatt Introduces Hyatt Place® and Hyatt House in Mongolia

Hyatt announced today that it has signed management agreements for the first two Hyatt-branded hotels in Mongolia.

Macmahon Holdings nabs US$500 million contract for Mongolian coal project

Macmahon Holdings (ASX: MAH) and joint venture partner Operta GmbH have been awarded a contract for coal mining operations at the Tavan Tolgoi Coal Mine in Mongolia, opening the door to a prosperous market.

Macmahon jv wins coal mining contract in Mongolia

Oct 14 (Reuters) - Australian contractor Macmahon Holdings said its 50-50 joint venture with Germany 's Operta Gmbh has been awarded a contract for coal mining operations at the Tavan Tolgoi coal mine in Mongolia, worth an estimated $500 million over five years.

Frontier Securities Mongolia Expert Series: Using Depositary Receipts for Foreign Listing and Fund Raising

Ulaanbaatar, Oct 14, 2011 (ABN Newswire) - Depositary Receipts (DRs) are mainstream instruments for listing on overseas stock exchanges and they represents an ownership in a foreign (non-US) company.

Mongolian contract just the beginning - Macmahon

WEST-Perth based Macmahon Holdings boss Nick Bowen says the company’s latest $491 million contract in Mongolia is an “enormous opportunity”.

D.DEMBEREL MEETS WITH GERMANY'S CHANCELLOR

Ulaanbaatar, Mongolia, /MONTSAME/ On Thursday, the Parliament Speaker told the Chancellor of the Federal Republic of Germany (FRG) Mrs Angela Merkel that he is satisfied with her visit.

East Asia's Universities Need To Play Bigger Economic Role, Says World Bank

TOKYO—Universities in East Asia aren't giving their countries the economic boost they should because of educational and research shortcomings, concludes a report released today by the World Bank.

Germany, Mongolia seek to develop commodity trade

Germany and Mongolia signed a deal on Thursday aimed at developing exports of coal, copper and other commodities, as the vast Asian country opens its huge reserves to foreign investors.

Mongolia, Germany pledge to develop comprehensive partnership

ULAN BATOR, Oct. 13 (Xinhua) -- Mongolian and German leaders have pledged to further the comprehensive partnership between the two countries and strengthen cooperation in a variety of areas.

Real Gold Mining Says Deloitte Resigns as Auditor Over Omissions

Oct. 14 (Bloomberg) -- Real Gold Mining Ltd., a Hong Kong- listed Chinese gold producer halted from trading since May 27, said Deloitte Touche Tohmatsu quit as auditor because the company failed to disclose “material” information.

Erdene drilling program results a good sign

Erdene Resource Development Corp. of Halifax reported promising results Wednesday from an initial drilling program at its wholly-owned Altan Nar (Golden Sun) property in southwest Mongolia.

Mongolian monks studying Montana's mining successes

After the peaceful democratic revolution in Mongolia in 1990 and the country’s release from communism, the country’s mining industry escalated.

Edinburgh Woollen Mill clothes made by North Koreans

Garments labelled "Designed in Scotland" and sold by a UK high street chain are being made by North Korean labour in Mongolian factories, the BBC's Newsnight programme has found.

Germany's Merkel visits resource-rich Mongolia

ULAN BATOR — Angela Merkel met Mongolia's leaders Thursday in Ulan Bator on the first official visit by a German chancellor to the Asian nation, which is opening its vast resources to foreign investors.

Germany, Mongolia seek to develop commodity trade

ULAN BATOR — Germany and Mongolia signed a deal on Thursday aimed at developing exports of coal, copper and other commodities, as the vast Asian country opens its huge reserves to foreign investors.

Coal industry officials to meet in Ulaanbaatar

The fourth conference of the Mongolian coal industry’s managing officials will soon be held at the Bishrelt Hotel in Ulaanbaatar.

Forum on currency policy held

The President’s Office, Mongol Bank, and the National Development and Reform Committee jointly organized an open forum on currency policy in the auditorium of the University of Mongolia on Wednesday.

Deputy speaker talks food safety with international expert

Deputy Speaker G.Batkhuu received the food safety advisor of the International Finance Corporation (IFC), Donald McCray, on Wednesday.

Korean, American firms to supply equipment for 2012 election

The Standing Committee on State Structure postponed discussion of a draft election law on Wednesday because of a working group meeting on the subject also taking place that day.

Group wants more MPs from Ulaanbaatar

A group called the My Ulaanbaatar Association will hold a demonstration at Sukhbaatar Square at noon on Friday to demand the capital get more representatives in Parliament.

Deputy speaker receives Bundestag members

Deputy Speaker G.Batkhuu received members of the German Bundestag on Thursday. He expressed his satisfaction with the two nations’ partnership and relations, and noted that the two countries’ parliaments have a special duty to widen cooperation.

MONGOLIA AT GENERAL DEBATE OF UN GENERAL ASSEMBLY'S SESSION

Ulaanbaatar, Mongolia, /MONTSAME/ A Mongolian delegation expressed its position at the General debate of the 1st Committee at the 66th session of the UN General Assembly held October 3-11 in New York, USA.

PRESIDENT TO VISIT ITALY, VATICAN AND CROATIA

Ulaanbaatar, Mongolia, /MONTSAME/ The President Ts.Elbegdorj will pay an official visit to Italy October 16-19 at invitation of his Italian counterpart Giorgio Napolitano.

CABINET WANTS TO ISSUE RESOLUTION ON OIL PROCESSING STATE-OWNED COMPANY

Ulaanbaatar, Mongolia, /MONTSAME/ The Cabinet decided Wednesday to issue a resolution on setting up an oil processing industry.

CONCESSION LIST TO BE UPDATED

Ulaanbaatar, Mongolia, /MONTSAME/ The Cabinet meeting on Wednesday decided to update a “State property concessionary clauses list”, approved by government's 198th resolution July 21 of 2010.

NUMBER OF JOB SEEKERS INCREASES

Ulaanbaatar, Mongolia, /MONTSAME/ The number of unemployed registered at Labor and Welfare Service Divisions in both aimags and UB city and of those actively looking for job reached 40.7 thousand at the end of this September, reflecting a 1,816 increase or 4.7 per cent against the previous year.

BANK OF MONGOLIA REPORTS

Ulaanbaatar, Mongolia, /MONTSAME/ According the Bank of Mongolia, a money supply (broad money or M2) at the end of September 2011 reached MNT 6,063.9 billion, increasing MNT 150.7 billion or 2.5 per cent against the previous month, and by MNT 2212.2 billion or 57.4 per cent against the previous year.

EXTERNAL TRADE TURNOVER REACHES USD 8,308.0 MILLION

Ulaanbaatar, Mongolia, /MONTSAME/ In the first nine months of 2011, Mongolia traded with 120 countries, where a total external trade turnover reached USD 8,308.0 million--exports USD 3,481.7 million and imports USD 4,826.3 million.

INDUSTRIAL OUTPUT INCREASES

Ulaanbaatar, Mongolia, /MONTSAME/ In the first nine months of 2011, a total industrial output increased by MNT 129.5 billion or 9.7 per cent to MNT 1,470.6 billion (at 2005 constant prices) against the previous year.

"GREEN CITY CAMPAIGN-2011" STARTS

Ulaanbaatar, Mongolia, /MONTSAME/ Dedicated to the 372nd anniversary of Ulaanbaatar city's establishment, a monthly “Green city campaign-2011” will start October 14 on the Sukhbaatar square.

Merkel: Germany will be long term partner in the natural resource sector

German Chancellor Angela Merkel attended in the signing ceremony of members of both parties on the relationship and cooperation documents (6 documents) during her official visit to Mongolia, according to Prime Minister S.Batbold’s invitation.

OVER 580 THOUSAND PERSONS INSURED IN MONGOLIA

In the first nine months of 2011, 580.8 thousand persons were registered became insured, where 373.9 thousand or 64.4 percent were from establishments, and 206.9 thousand or 35.6 percent from government budgetary organizations.

Are Jeju's horses of Mongolian descent?

The country of Mongolia and the island of Jeju have a long history. From the remains of the Hangpaduri Anti-Mongolian Fortress to the Mongolian Horse Show, there is much evidence of Mongolia’s influence here on Jeju Island.

Monks learn how mine and community work together

In the Mongolian province where Buddhist monk Bataar Tumurbaatar lives, mining is thriving, but unchecked industry also is devastating the land.

Erdene drilling program results a good sign

Erdene Resource Development Corp. of Halifax reported promising results Wednesday from an initial drilling program at its wholly-owned Altan Nar (Golden Sun) property in southwest Mongolia.

Mongolia's giant coal mine to start production on Dec 1

ULAN BATOR Oct 13 (Reuters) - Mongolia will start producing coal from the eastern block of the giant Tavan Tolgoi coal deposit in the Gobi desert on Dec. 1, the head of one of the companies entrusted with its development told Reuters on Thursday.

Germany's Merkel visits resource-rich Mongolia

Goats and gers as Mongolia embraces tourism

(Reuters) - The carcass of a freshly slaughtered goat lies under the bed in a nomadic family's ger in Mongolia as the sleeping bags of visitors are rolled out on the floor next to its remains.

Speaker receives ADB delegation

Speaker D.Demberel received a delegation from the Asian Development Bank (ADB) headed by its president Haruhiko Kuroda on Tuesday.

OVER 12 MILLION HEADS OF YOUNG ANIMALS SURVIVED

Ulaanbaatar, Mongolia, /MONTSAME/ In the first nine months of 2011 at national level, 13.0 million heads of livestock gave birth.

NUMBER OF FREIGHT AND PASSANGERS RISE

Ulaanbaatar, Mongolia, /MONTSAME/ In the first nine months of 2011, 13,338.9 thousand tons of freight and 2,867.5 thousand passengers (double counting) were carried by a railway transport. Compared to the same period of 2010, the number of carried freight rose by 1,198.6 thousand ton or 9.9 percent and the number of carried passengers rose by 239.1 thousand persons or 9.1 percent. Due to this, revenue from railway transport increased 37.5 billion togrog or 14.9 percent to 288.2 billion togrog against the same period of the previous year. Meanwhile, 1.9 thousand tons of freight and 430 thousand passengers (double counting) were carried by air transport. Against the same period of the previous year, the number of carried freight increased by 653.3 t or 52.3 percent, of passengers rose by 131.3 thousand persons or 43.9 percent. Due to this, revenue from air transport went up 32.5 billion togrog or 36.2 percent to 122.3 billion togrog in the first nine months of 2011, compared to the sam...

RESOLUTION SUBMITTED TO PARLIAMENT ON OPENING DIPLOMATIC MISSION IN ITALY

Ulaanbaatar, Mongolia, /MONTSAME/ The Minister of Foreign Affairs G.Zandanshatar submitted Wednesday a draft resolution to the Speaker on establishing a diplomatic mission of Mongolia in Italy.

The great rare earth metals reset

The rare earth sector has seen astronomical gains in recent years as Chinese export restrictions, short-sighted U.S. policy and investor interest combined to make front page news.

Merkel arrives in Mongolia; first German chancellor to visit

Ulan Bator - Angela Merkel landed in Mongolia Wednesday, marking the first visit by a German chancellor to the Asian country of 3 million people.

Rich grow richer, poor stay poor in new Mongolia

Mongolia's mineral wealth is slow in trickling down to the majority of its citizens, with poverty widespread and many people eking out a meagre living from casual labour.

U.S. Ambassador to Mongolia to speak about Bellingham's newest sister city

BELLINGHAM - Bellingham will celebrate the addition of its seventh sister city, Tsetserleg, Mongolia, with a public presentation by the U.S. ambassador to Mongolia on Sunday Oct. 16.

Erdene Drilling Confirms Significant Epithermal Gold Mineralization Near Surface in Southwest Mongolia

Intersects 55 metres of 1.02g/t Gold Including 23 metres of 2.07g/t Gold and 23g/t Ag Silver.

Release of Alleged Spy Angers German Investigators

Only weeks before German Chancellor Angela Merkel's visit to Ulan Bator, a court in Germany ruled that a Mongolian official detained as part of an investigation into an illegal kidnapping must be released.

83 toxic chemicals proposed to be banned

MPs have proposed an amendment to the law on toxic chemicals and dangerous substances that would ban the use of 83 chemicals and restrict the use of 29 more.

Northeast Asia lawyers to meet in Mongolia

An organization of lawyers from northeast Asia will hold its annual forum in Ulaanbaatar on October 13 to 15.

Government discussing several issues in meeting

At the Government meeting on Wednesday, numerous draft laws will be discussed, including those on: savings insurance; audits; ratification of an international treaty on email; IT and communications; and measures concerning the Zamiin-Uud border point in Dornogobi aimag.

MONGOLIAN REPS IN BELGIUM TO MEET WITH EU

Ulaanbaatar, Mongolia, /MONTSAME/ The delegation, led by a Deputy Minister M.Enkhbold, left for Brussels, Belgium, to participate in the 14th meeting of Mongolia-European union joint committee.

L.BOLD PARTAKES IN ISAF DEFENSE MINISTERS' MEETING

Ulaanbaatar, Mongolia, /MONTSAME/ A delegation led by the Defense Minister L.Bold participated in a Defense Ministers' meeting of the NATO and the International Security Assistance Force (ISAF) held October 6 in Brussels, Belgium.

B.GANBOLD ATTENDS MEETING OF ASIA COOPERATION DIALOGUE

Ulaanbaatar, Mongolia, /MONTSAME/ A delegation headed by B.Ganbold, a director of the Department of Asian Affairs of the Ministry of Foreign Affairs took part in a Foreign Ministers' meeting of the Asia Cooperation Dialogue (ACD) held October 9-11 in Kuwait.

GROSS DOMESTIC PRODUCT INCREASED BY 1,866 BILLION

Ulaanbaatar, Mongolia, /MONTSAME/ In nine months of 2011, the GDP increased 1,866.6 billion togrog or 31.4 percent to 7,810.4 billion togrog at current prices, compared to the previous year.

GENERAL GOVERNMENT BUDGET AMOUNTED 3,165.9 BILLION TOGROG

Ulaanbaatar, Mongolia, /MONTSAME/ In the first nine months of 2011, total revenue and grants of the General Government Budget amounted to 3,165.9 billion togrog, and total expenditure and net lending amounted to 2,929.2 billion togrog, representing surplus of 236.7 billion togrog in the General Government Budget overall balance.

JAPAN AND LAOS AMBASSADORS PRESENT CREDENTIALS

Ulaanbaatar, Mongolia, /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Japan to Mongolia Mr Shimizu Takenori presented Wednesday his diplomatic credentials to the President Ts.Elbegdorj.

D.DEMBEREL RECEIVES ADB PRESIDENT

Ulaanbaatar, Mongolia /MONTSAME/ Parliament Speaker D.Demberel congratulated Mr Haruhiko Kuroda for being re-elected the president of ADB.

Changes in Ulaanbaatar’s Cityscape

One of the delights of returning to a city on a regular basis but at somewhat lengthy intervals (I’ve been traveling to Ulaanbaatar once or twice a year for the past seven years) is that gives the observer an opportunity to notice changes in the cityscape.

SINGAPOREAN DOCTORS WANT TO HELP MONGOLIA

Doctors of Singapore are seeking an opportunity to create here a professional career educatation training for Mongolian hepatitis doctors.

Development conference ends

A development conference organized by the Finance Ministry at the Terelj Hotel has concluded.

INTERVIEW: Mongolia living 'exciting' boom times, premier says

Ulan Bator - Mineral-rich Mongolia is experiencing 'a real boom,' with its economy and democracy evolving rapidly, Prime Minister Sukhbaatar Batbold said in an interview with the German Press Agency dpa.

Robe Australia seeks to acquire coal licence in Gobi Altai Province, south west Mongolia

Robe Australia (ASX: ROB) has executed an option to acquire a coal exploration licence covering 3,000 hectares in the Gobi-Altai province in south-west Mongolia.

Gulfside Closes Sale Of Interest In ECM LLC

Robert L. Card, President of Gulfside Minerals Ltd. ("Gulfside" or the "Company"), is pleased to report that the Company has received the final payment of US$ 1,500,000 on the sale of its 5% interest in ECM LLC, the Mongolia company holding the exploration license to the Erdenetsogt brown coal project.

Mongolia Growth Group Ltd. to Attend Mongolia Investment Summit 2011 in Hong Kong

Calgary, Alberta CANADA, Oct 11, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX), ("MGG" or the "Company") announces that MGG will be attending the Mongolia Investment Summit 2011 from October 25 to 27 in Hong Kong.

General Mining to strengthen coal prospects with stake in Khuden in Mongolia

General Mining (ASX:GMM), through its wholly owned Mongolian subsidiary Golden Cross, has signed a letter of offer to acquire an interest in a mining licence covering 51.6 hectares in the central part of the Khuden Coal Deposit in Mongolia.

Aspire to raise A$32.8m for Mongolian project

PERTH (miningweekly.com) - ASX-listed Aspire Mining has completed a A$32.8-million capital raising to explore its Ovoot coking coal project, in Mongolia, and complete feasibility studies.

CW-GP issues plan to fight jams

The Civil Will and Green Party is holding a campaign this week to highlight its proposals for reducing traffic jams in the capital.

DP talking about draft law on local settlement election

The DP is holding a discussion of a draft law on local settlement election in Civil Chamber under the President’s Office on Tuesday.

Committee discussing Mongolia’s role as DC chair

Foreign Affairs Minister and deputy head of National Council of the Democratic Community (DC) G.Zandanshatar has organized meetings in connection with Mongolia’s role as chair of the DC since July.

Standing Committee discusses investment issues

The Standing Committee on Justice discussed revising the budgets of related organizations, and minister for justice and internal affairs Ts.Nyamdorj noted the need to strengthen the Institute of Internal Affairs.

COMMITTEE CHOOSES DEVICES FOR ELECTION

Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia's General election committee /GEC/ selected October 10 the techniques and devices that might be used in/for the election.

YOUTH RESEARCHERS WILL RECEIVE 2 MILLION TOGROGS GRANTS

Ulaanbaatar, Mongolia, /MONTSAME/ Young scientists have gathered for their conference named “Khureltogoot-2011”.

DRAFT LAWS SUBMITTED

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet submitted last Friday to the Speaker drafts of a state policy in oil sector and of a law on approving its main guidelines until 2015.

TS.ELBEGDORJ GIVES SPEECH AT MEETING OF ADB-MONGOLIA COOPERATION

Ulaanbaatar, Mongolia, /MONTSAME/ The President Ts.Elbegdorj has said the Asian Development Bank (ADB) has been Mongolia's reliable partner during its transition period.

J.ENKHSAIKHAN MEETS WITH OSCE LEADERS

Ulaanbaatar, Mongolia, /MONTSAME/ The Permanent Representative of Mongolia to international organizations in Vienna, Austria, Mr J.Enkhsaikhan has met officials from the Organization for Security and Co-operation in Europe (OSCE).

5 Ministries celebrated 100th anniversary

Mongolia is celebrating the 100th anniversary of the very first five Ministries.

Dem Party Meeting held

DP faction in the Parliament yesterday discussed a proposal to double the citizens’ share of the Tavantolgoi project to 20 percent, with the shares coming from those currently allocated to domestic organizations.

MPP proposes 48-28 election plan

The MPP caucus in Parliament discussed a draft law on the 2012 parliamentary election Monday and ultimately decided to propose a 48-28 election plan.

PM, Speaker hear harvest report

Prime Minister S.Batbold and Speaker D.Demberel received the latest harvest report from the Ministry of Food, Agriculture and Light Industry on Monday.

Mongolian prime minister reassures investors over mining project

The Mongolian government has climbed down from its demand for larger share of the proceeds from a copper-mine project in the south of the country.

When the ‘Asian Way’ can be the wrong way

East Asian countries are well-known for nationalist policies that coalesce around single ethnicities, or in the case of Singapore, recognition of diversity, but careful management of diversity in the name of a higher national calling.

Merkel visits Vietnam, Mongolia to talk trade

Ahead of the four-day visit, Merkel, who will be accompanied by top business leaders eyeing up investment opportunities, stressed the need to boost ties between the two fast-growing Asian nations and Europe’s top economy.

ADB President to Visit Mongolia to Mark 20th Anniversary

Asian Development Bank (ADB) President Haruhiko Kuroda will visit the Mongolian capital of Ulaanbaatar from 8 to 12 October to mark 20 years of ADB-Mongolia partnership and the 10th anniversary of the establishment of ADB’s office in the country.

Mongolia Withdraws Intent to Hike Bid on Oyu Tolgoi

In what seems to be a sudden change of minds, the government of Mongolia had abandoned its plan to acquire a larger stake allocation in the Oyu Tolgoi copper-gold project, ultimately boosting the share prices of its developers, global miners Rio Tinto PLC and Ivanhoe Mines Ltd.

China slaps heavy new tax on coking coal, rare earths

Reuters reports China will extend a resource tax – calculated on value rather than volume of production – on domestic sales of crude oil and natural gas from some regions to the whole country and expand the list of taxable resources to coking coal and rare earths from November 1.

Mongolia's economic development must benefit all its people: ADB president

ULAN BATOR, Oct 10, 2011 (Xinhua via COMTEX) -- Asian Development Bank (ADB) President Haruhiko Kuroda said here on Monday that further efforts are needed in Mongolia to turn high economic growth into equal access to benefits for all the people in the country.

Angela Merkel leaves crisis-hit eurozone for Asia

HANOI — German Chancellor Angela Merkel arrived in Vietnam on Tuesday, leaving behind the debt crisis raging in the eurozone to push a free trade deal and press the communist nation on human rights.

Ulaanbaatar Democratic Union begins campaign

Ulaanbaatar Democratic Union informed to begin campaign “Five issues for you” from October 10 to 17.

The Battle for Rare Earths

If you use an iPad, smartphone, tablet, laptop, watch a flat-screen plasma TV or drive the latest hybrid, you may or may not know that you owe a vote of thanks for the product’s advanced efficiency to the use of ‘rare earths’ in its manufacture.

Hunnu deal wins approval

A THAI takeover of Mongolia-focused coal explorer Hunnu Coal has been approved by Australia's Foreign Investment Review Board and the Bank of Thailand.

Merkel eyes trade deals in Vietnam, Mongolia

BERLIN — Fresh from a crisis meeting with France on the euro, German Chancellor Angela Merkel was due to embark Monday on a visit to Vietnam and Mongolia hoping to push deals on trade and precious raw materials.

The SSC registered a new name of NNP

The State Supreme Court /SSC/ has discussed National New Party’s request of name and rules registration on October 7.

38:38 or 48:28?

The MPP and DP group at Parliament are separately discussing a draft law on election on Monday that the MPP group is discussing the draft law and the state budget revise and the DP group is discussing the draft law on parliament election of the MPP group suggestion - election option 48:28 with majority system prevail.

MPs’ thinking of the government resignation

The 20 MPs who demanded changes in the Oyutolgoi mining agreement urged the government resignation because coalition government stated that it is working along the protocol of Parliament.

S.Erdene: We say the investment agreement change but not cancelation

MP S.Erdene told our correspondent about demand of Oyutolgoi investment agreement.

MAYOR AWARDS TICA REPRESENTATIVE

Ulaanbaatar, Mongolia, /MONTSAME/ A Mayor of Ulaanbaatar city, G.Monkhbayar has bestowed upon Rahman Nurdun, a program coordinator of Turkish International cooperation agency /TICA/ to Mongolia, the "Khangarid" order.

NOBEL PRIZE LAUREATE GIVES LECTURE

Ulaanbaatar, Mongolia, /MONTSAME/ A high-level forum themed "Partnership between Mongolia and Asian Development Bank: A roadmap for happy, healthy and harmonious Mongolia" will run October 10 in the UB city under auspices of the President of Mongolia.

FIFTA GREETING ON THE OCCAISION OF 15TH ANNIVERSARY OF ITS ESTABLISMENT

These days, Foreign Investment and Foreign Trade Agency /FIFTA/ the Government implementing agency, is celebrating 15th anniversary of its establishment, and this celebration is not only celebration of FIFTA’s establishment but also it is celebration of establishment of foreign invested entities in Mongolia and running their activities in our country since Mongolia’s transition to a market economy.

PRESIDENT MEETS DR. PACHAURI

Ulaanbaatar, Mongolia, /MONTSAME/ The President Ts.Elbegdorj has received Mr Rajendra K. Pachauri, a Nobel Prize winner and chairman of the Intergovernmental Panel on Climate Change (IPCC).

DRAFT LAWS SUBMITTED

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet submitted last Friday to the Speaker drafts of a state policy in oil sector and of a law on approving its main guidelines until 2015.

ADB PRESIDENT: MONGOLIA'S DEVELOPMENT SHOULD BENEFIT EVERYONE

Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia has a bright future but needs to continue economic reform and to ensure that the fruits of development are extended to all its people, Haruhiko Kuroda, president of the Asian Development Bank (ADB) said Monday.

Mongolia Connected

According to the 2010 Mongolia Census , 30.6% of Mongolians (six years old and older) use Internet. The level of Internet usage is higher in Ulaanbaatar (49.3%) and some urban-centers, such as Erdenet (36.5) and Darkhan (34.4).

Mongolia re-opens bidding for world’s biggest coking coal deposit

The Wall Street Journal reports Mongolia is relaunching talks with international miners on developing the western block of Tavan Tolgoi in the South Gobi desert, the world’s largest deposit of high-quality coking coal used in steelmaking.

Australia approves BHP’s $20-$30 billion Olympic Dam mine

BHP Billiton moved closer to an estimated $20 billion to $30 billion expansion of its Olympic Dam copper and uranium mine after winning environmental approvals on Monday for the project in the deserts of southern Australia.

Banpu Public Company's Hunnu Coal takeover wins approvals

A THAI takeover of Mongolia-focused coal explorer Hunnu Coal has been approved by Australia's Foreign Investment Review Board (FIRB) and the Bank of Thailand.

Mongolian prime minister reassures investors over mining project

Ulan Bator - The Mongolian government has climbed down from its demand for larger share of the proceeds from a copper-mine project in the south of the country.

Merkel eyes trade, raw material deals in Vietnam, Mongolia

MPP offers two options for draft election law

The head of the DP caucus in Parliament, Ch.Saikhanbileg, told our correspondent that a draft law on the election should be the top priority of the autumn session.

MPP: 2011 budget needs urgent revision

The MPP caucus in Parliament discussed the 2011 state budget on Monday, and the deputy leader of the caucus, Su.Batbold, told members that the budget should be urgently revised.

Financial oversight council meets

A council headed by Finance Minister S.Bayartsogt met on Tuesday and discussed several issues, including plans to liquidate the defunct Anod and Zoos banks, and to speed repayment of Government bonds.

MPP meets to discuss Finance Ministry, election promises

MPP members of Parliament and the party’s managing council met behind closed doors at the Elite Center on Tuesday.

MPP suggests new “28-48” election option

The MPP has proposed another version of a draft election law. Last Friday the party proposed two possible versions.

Group says Mongolia might miss out on anti-TB money

At a press conference in Ulaanbaatar on Wednesday, international health organizations warned that Mongolia stands to lose USD 600,000 for anti-tuberculosis programs.

Standing Committee opposes taxing HDF allowance

Members of the Standing Committee on Social Policy, Education, Culture and Science say the state should stop taxing the monthly Human Development Fund (HDF) allowance that citizens receive.

Anti-nuke group calls for new policies

The group National Movement for the Nuclear Security of Mongolia says the Government’s nuclear policies need to be completely overhauled.

Standing Committee discusses draft law on election

The Standing Committee on State Structure discussed a draft law on the Parliamentary election on Wednesday.

ACA investigating Russian director of Erdenet factory

Sources have informed news.mn that the Investigation Board of the Anti-Corruption Authority (ACA) is investigating A.I.Formenkii, the Russian director of the Erdenet Factory.

MIAT considering name, logo changes

MIAT, which is officially known as Mongolian Civil Air Transport, is considering changing its name to Mongolian Airlines.

Labor Party of All Mongolia requests registration

Khamug Mongoliin Khudulmuriin Nam, or Labor Party of All Mongolia, which was been founded by MP Ts.Shinebayar and S.Molor-Erdene, asked the State Supreme Court to officially register the party on Thursday.

DP demands free housing for ger district residents

The DP announced at a press conference on Thursday that it has sent an urgent note to Prime Minister S.Batbold, reaffirming the constitutional right of ger district residents to live and to study in a healthy and safe environment.

SSC rejects registration of Party for People

The State Supreme Court (SSC) has rejected a request by Kh.Bat-Yalalt and others to register Party for People as a political party in Mongolia.

MPs criticize government for refusing to renegotiate Oyutolgoi agreement

The 20 MPs who demanded changes in the Oyutolgoi mining agreement are speaking out against the government’s announcement that it will not attempt to renegotiate the two-year-old agreement.

ABOUT EXPORT OF COPPER CONCENTRATE

Ulaanbaatar, Mongolia, /MONTSAME/ In the first eight month of this year, Mongolia exported 377.3 thousand tons of copper concentrate.

IMPORTS INCREASING REACHING 1.1 BILLION US DOLLARS

Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia imported 1.1 billion US dollars worth automobiles, equipment, electric appliances and spare parts in the first eight months of 2011.

STANDING COMMITTEE ON ECONOMICS MEETS

Ulaanbaatar, Mongolia, /MONTSAME/ The Parliamentary Standing committee on economics discussed Tuesday issues of privatizing/reforming such big entities as the Darkhan's metallurgical factory, cement and calcium factory of Khotol, the Baganuur state-owned company and the Ulaanbaatar railways joint stock venture.

FAO REP HANDED OVER LETTER OF CREDENCE

Ulaanbaatar, Mongolia, /MONTSAME/ Appointed the representative of Food and Agriculture organization of the United Nations /FAO/ to Mongolia, Percy Misika handed over a letter of credence to the Minister of Foreign affairs, G.Zandanshatar October 5.

ABOUT WINTER PREPARATION IN FUEL AND ENERGY

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet members heard a report on winter preparation in fuel and energy spheres, at a regular cabinet meeting held Wednesday.

STATISTICAL OFFICIALS IN CANADA

Ulaanbaatar, Mongolia, /MONTSAME/ A vice head of the National Statistical office /NSO/ G.Gerelt-Od and other officials are in Canada with a visit October 1-9.

MONGOLIA-ADB HIGH-LEVEL CONSULTATION TO TAKE PLACE

Ulaanbaatar, Mongolia, /MONTSAME/ A high-level consultation titled "MON-ADB Partnership: A Roadmap for Happy, Healthy and Harmonious Mongolia" will be held October 10.

ASIA-PACIFIC REGION'S MEETING OF SOCIALIST INT'L LAUNCHES HERE

Ulaanbaatar, Mongolia, /MONTSAME/ Ulaanbaatar is hosting a meeting of Socialist International's Asia-Pacific region committee.

MAYOR ABOUT BUDGET OF UB CITY

Ulaanbaatar, Mongolia, /MONTSAME/ A Mayor of Ulaanbaatar city, G.Monhkbayar gave an information on UB city's budget to the high bodies while discussing with them the UB city budget.

MONGOLIA TO COOPERATE MORE WITH GERMANY

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet meeting on Wednesday regarded as correct to conclude an agreement on partnership in mineral resources and industry spheres between governments of Federal Republic of Germany and of Mongolia.

MEETING OF MONGOLIA-EU JOINT COMMITTEE APPROACHES

Ulaanbaatar, Mongolia, /MONTSAME/ The 14th meeting of the Mongolia-European Union Joint Committee will take place October 13, 2011 in Brussels, Belgium.

Government replaces Chairman of the Development bank

Ch.Khashchuluun, Chairman of the Development bank was dismissed from his post last Friday.

Ivanhoe Mines overreliant on a benevolent Mongolia

Investors should consider last week’s events in Mongolia as a warning shot for the long-term geopolitical risks associated with Ivanhoe Mines Ltd.’s ( IVN-T 15.540.946.44%)massive copper and gold project in Mongolia.

Chechen terrorist leader talks about Mongols as destroyers of Muslim community in middle century

Extremist Chechen terrorist leader Doku Umarov fighting with Russians in Caucasus mountains used example of Mongols in the middle century for his appeal to other Chechen terrorists.

Consensus on OT?

Mongolia’s President, Prime Minister, and Parliament Speaker want progress in OT, not delay.

Mongolia backs down in mining row

Mongolia has abandoned a bid to renegotiate a huge deal to develop a vast copper and gold deposit and agreed to stand by its 2009 agreement with Ivanhoe Mines and Rio Tinto, a joint statement said.

Mongolia, Ivanhoe, Rio Tinto Commit To Oyu Tulgoi Post Talks

Ivanhoe, Rio and Mongolia resolve standoff over Mongolia's desire to change Oyu Tolgoi pact. Mongolia wanted a bigger stake in Oyu Tolgoi, more royalties.

The Mongolian sandwich

A tug of war between commercial logic and popular sentiment. COUNTRIES choose their friends but not their neighbours.

40k apartments show strong capital growth over the summer of 2011

Unexpected and sustained high capital growth over the city centre of Ulaanbaatar demonstrates a clear trend towards city living over the suburbs.

Copper prices unlikely to reach lows hit in 2008 – First Quantum

Miner First Quantum Minerals does not expect copper prices, down almost 27 percent since the start of September, to reach lows hit in 2008 as constrained supply and healthier mining companies underpin the price.

Mongolian Govt. backs down, reaffirms Oyu Tolgoi investment agreement

In a joint statement issued Thursday, the Government of Mongolia, Ivanhoe Mines and Rio Tinto have all reaffirmed their continued support for the Oyu Tolgoi Investment Agreement.

Mongolia retreats on row over Rio mine

The government of Mongolia has backed down from its demand for a larger share of Oyu Tolgoi, one of the world’s biggest new copper mines, in an about-turn that boosted the share price of Rio Tinto, the mine developer.

Why No Anti-Mining Party in Mongolia? Why No Pro-Mining Movement?

Next week, German Chancellor Angela Merkel is scheduled to address the Mongolian parliament. Her visit will come during a tumultuous period as Mongolian politicians prepare for parliamentary elections in summer 2012.

Mongolia Relaunching Key Mining Talks Later This Month

Mongolia is relaunching talks with international miners on developing its huge Tavan Tolgoi coking coal reserves following the controversial award of a contract in July and its cancellation just two months later.

United States versus China round two

The Chinese government, in an effort to maximize exports and minimize US imports, prints their Yuan to buy dollars.

No Stable Anti-Mining Coalition

Today, I published an Asia Pacific Memo that argued that no stable anti-mining coalition has coalesced in Mongolia to support or advance the recent petition asking the government to open negotiations with Oyu Tolgoi to increase the government ownership stake.

All is well in Mongolia?

After the recent flurry of reporting (Economist I, Economist II, National Post, Globe & Mail, The Northern Miner, The Financial Times, The Australian, on the electionineering sparring match between some Mongolian MPs and, who?, Ivanhoe?, the current government? China? some writers (Peter Koven for the National Post, Brenda Mouw for the Globe & Mail) are now giving the all clear because the Government of Mongolia has released a joint statement with Ivanhoe and Rio Tinto reaffirming support for the 2009 Investment Agreement.

‘Gold price to fall 60%’ – academic is latest to forecast that boom will become bust

The price of gold could fall 60 per cent, if history repeats itself. That’s the warning from a leading US academic.

Gulfside Enters into Data Purchase Agreement

VANCOUVER, Oct. 5, 2011 /PRNewswire/ - Robert L. Card, President of Gulfside Minerals Ltd. ("Gulfside" or the "Company"), reports that further to the Company's news release of July 12, 2011, the Company has amended the Data Purchase Agreement with Lucky Strike Resources Ltd. ("Lucky").

Lucky Strike says CN Coal project has 272 million tonnes of M&I resources

Lucky Strike Resources ( CVE:LKY )(OTCQX:LKYSF) Wednesday released initial coal resources in the measured, indicated and inferred resource categories for the CN Coal project in the Tuv Aimag province of Mongolia.

Merkel Aims to Sign Rare Earths Deal With Mongolia Next Week

Oct. 7 (Bloomberg) -- Chancellor Angela Merkel will seek to strike a deal on resources with the Mongolian government during a trip to Ulan Bator next week that secures access to rare-earth elements at fair prices, a German government official said.

Mongolian Hoard

Mongolia's little-noticed evolution from khans to capitalism is about to come to fruition.

Hunnu takeover wins approvals

A Thai takeover of Mongolia-focused coal explorer Hunnu Coal has been approved by Australia's Foreign Investment Review Board (FIRB) and the Bank of Thailand.

Speaker says Oyutolgoi agreement needs changes

In his speech at the opening of the autumn session of Parliament on Monday, Speaker D.Demberel stated his “strong” support for renegotiating the Oyutolgoi development agreement.

President says Human Development Fund allowance should stop

President Ts.Elbegdorj visited Darkhan-Uul and Selenge aimags last weekend. Those two aimags voted for him by a wide margin in the presidential election.

MINISTRY OF AGRICULTURE: HARVEST WORKS APPROACHING END

Ulaanbaatar, Mongolia /MONTSAME/ As of present, the harvesting of grain is being done with 77.1 per cent, potatoes--with 92.8 per cent, and vegetables--with 95.5 per cent nationwide, according to a report given by J.Saule, the Vice Minister of Food, Agriculture and Light Industry.

PRESIDENT WORKS IN SELENGE

Ulaanbaatar, Mongolia, /MONTSAME/ The President Ts.Elbegdorj met people Saturday in Sukhbaatar, Selenge aimag.

CABINET: ONE AND A HALF MILLION WILL BE FULLY ISSUED NEXT YEAR

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet decided September 30 at its irregular meeting that amendments, reflected in its program, will be fully implemented next year.

CABINET WANTS TO CHANGE CUSTOMS TAX

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet irregular meeting on Friday decided to submit its draft resolution on altering the 27th appendix of parliament's resolution, made in 1999, on “Approving size and percentage of customs tax on imported goods”.

MUTUAL UNDERSTANDING MEMORANDUM SIGNED IN HEALTH SPHERE

Ulaanbaatar, Mongolia, /MONTSAME/ The cooperation and mutual understanding memorandum has been signed by Vise Minister of Health J.Tsolmon, a manager of "Health sector development program-3" project of Asian Development bank /ADB/ J.Altantuya, and a head of Department of Health Sh.Enkhbat.

PREMIER ABOUT DRAFT BUDGET FOR 2012

Ulaanbaatar, Mongolia, /MONTSAME/ Decisions on draft budget for the next year and other matters were made at irregular cabinet meeting last Friday.

G.MONKHBAYAR MEETS AMBASSADOR OF CANADA

Ulaanbaatar, Mongolia, /MONTSAME/ A Mayor of Ulaanbaatar city G.Monkhbayar received the Ambassador extraordinary and plenipotentiary of Canada to Mongolia G.Gregory Goldhawk September 29.

Mongolia: Strengthening the regulatory regime

Mongolia is tightening regulation of its financial services industry in preparation for an expected wave of foreign direct investment, with reforms improving supervision of the banking sector and outside help sought to enhance oversight of the Mongolian Stock Exchange (MSE).

Autumn Session of the Parliament begins

The Autumn Session of Parliament (SGK) began today and the Parliament Speaker opened the session with his speech.

Mongolia stakes out the management of its vast mineral wealth

As the extent of Mongolia’s vast reserves of untapped mineral deposits become apparent, the politicians in Ulaan Bataar are showing sure-footed skills in managing the country’s emerging importance as a strategic player in northeast Asia.

Budget for 2011 needs to be revised says Finance Minister

Finance Minister S.Bayartsogt submitted to Parliament Speaker D.Demberel proposals to revise the 2011 budget, the social insurance budget, and the Human Development Fund budget.

MONGOLIAN MINING (HKG:975) PAVED ROAD’S ACCEPTANCE BY STATE COMISSION IS IMMINENT, BARGAIN PRICE TO ENTER FOR LONG TERM

Automobile Roads Inspector Mr. Gerelt-Od of General Agency of Specialized Inspections of Mongolia has informed Frontier Securities that State Commission has officially worked on 245 km Ukhaa Khudag – Gashuun Sukhait paved road of Energy Resource LLC, a fully owned subsidiary of Mongolian Mining Corporation.

Ivanhoe says will not renegotiate Mongolia deal

* Mongolian cabinet asks Ivanhoe to discuss changes to deal * Ivanhoe and Rio Tinto say no renegotiations * Ivanhoe shares up 1.52 pct at C$14.67

Mongolian Government to raise salaries, pensions by 53 percent

The government plans to raise the salaries and pensions of state workers by 53 percent next year. The proposed raise is included in the draft budget that Prime Minister S.Batbold delivered to Speaker D.Demberel last week.

Whitehall anger over Mongolian spy chief release

A Mongolian spymaster whose arrest for extradition on kidnapping charges sparked a crisis between Britain and her emerging Asian ally has returned home after unexpectedly being freed by German authorities.

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

Calgary, Alberta CANADA, Oct 03, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its September 2011 letter to shareholders.

Ivanhoe, Rio Reject Mongolian Bid to Change Oyu Tolgoi Deal

Oct. 4 (Bloomberg) -- Ivanhoe Mines Ltd. and Rio Tinto Group, the world's second-largest mining company, rejected an approach by Mongolia to increase the country's 34 percent stake in the $10 billion Oyu Tolgoi copper mine.

Rio Tinto Fighting for Hearts and Minds in Mongolia

Global miner Rio Tinto is fighting a legacy of bad publicity as it tries to persuade the Mongolian public a $10 billion copper deposit it took over from Ivanhoe Mines last year is in safe hands.

Mistah Khurts, he free

TO THE surprise of many, Bat Khurts, the head of Mongolia’s National Security Council, is back at his desk in Ulaanbaatar, and not sitting in a German prison, awaiting trial for his alleged involvement in a kidnapping in 2003.

Petro Matad set to reassess data after completing latest well in Mongolia

AIM quoted Mongolian oil explorer Petro Matad (LON:MATD) has wrapped up the 2011 drilling campaign on its Davsan Tolgoi prospect on Block XX by completing well DT-11.

Director General of NATO International Military Staff meets senior officials in Mongolia

Ulaanbaatar (Mongolia), 29 Sep 2011 – Lieutenant General Juergen Bornemann, Director General International Military Staff (DG IMS), concluded a three-day visit to Mongolia’s capital today at the invitation of the Mongolian Minister of Defence.

The challenging birth of a Mongolian copper mine

So how hard is it to construct a giant copper (HG-FT3.11-0.13-4.14%) mine in the middle of the Gobi Desert?

Senior U.S. official denies talk of putting nuclear waste site in Mongolia

WASHINGTON -- A senior U.S. Energy Department official on Wednesday disputed reports that the Obama administration has sought Mongolian support for construction of a storage site for international spent nuclear fuel in the Central Asian nation.

Mongolian Stock Exchange: getting there slowly

Mongolia may be one of the most popular investment destinations for resources funds and miners today.

More Mongolians interested in studying in Taiwan

Taipei, Oct. 2 (CNA) Mongolians have been showing an increasing interest in coming to Taiwan to pursue advanced studies, attracted by the island's diverse cultures, high-tech maturity and relatively cheap costs.

Rio Tinto battles to win over Mongolian public

(Reuters) - Global miner Rio Tinto is fighting a legacy of bad publicity as it tries to persuade the Mongolian public a $10 billion copper deposit it took over from Ivanhoe Mines last year is in safe hands.

Mongolian mine projects face political hurdles