President sent a proposal to the Cabinet
President Tsakhia Elbegdorj have worked in Umnugovi, Dornogovi and Dundgovi province in last February.
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Training of teachers begans
Last year Mongolia started to follow education standard of the University of Cambridge International Examinations (CIE) in three secondary schools- “Shine Erin”, “Shine ekhlel” and “Temuulel”.
The MCA is a member of WCA
The Mongolian Coal Association (MCA) has entered as member of the World Coal Association (WCA).
Police officials hearing postpones again
The hearing of senior officials scheduled today has been postponed again because of lawyers of defendants refused.
U.S. Joins List of Countries That Fail to Effectively Implement Money-in-Politics Rules
WASHINGTON, March 30, 2012 /PRNewswire via COMTEX/ -- 29 out of 31 countries assessed fail at enforcing political finance laws, regardless of how weak or strong their regulations
Entree Gold Announces Fiscal Year 2011 Results and Reviews Corporate Highlights
VANCOUVER, BRITISH COLUMBIA, Mar 30, 2012 (MARKETWIRE via COMTEX) -- Entree Gold Inc. CA:ETG 0.00% EGI +4.00% (frankfurt:EKA) ("Entree" or the "Company") has today filed its annual operational and financial results for the year ended December 31, 2011.
Prophecy Coal to raise $800 million for Mongolia power plant
Canadian energy firm Prophecy Coal Corp expects to raise $800 million in debt and equity financing by September to build a coal-fired 600-megawatt power plant in Mongolia, and expects to conclude a power purchase agreement with the Mongolian government by May, a senior executive said.
AS MONGOLIA BOOMS, GERMANY WANTS A SLICE OF THE CAKE
MONGOLIAN PRESIDENT TSAKHIA ELBEGDORJ IS IN GERMANY.
Rio says trade, private equity eye aluminum assets
Rio Tinto has seen "quite a lot" of interest in aluminum operations earmarked for sale last year, despite tough market conditions, and is preparing the estimated $8-billion of assets for a variety of options, including a stock listing.
An equal partnership
There is another reason why Mongolia is interested in expanding its cooperation with Germany.
10th Mongolian-German Forum held
As most of the delegates at the 10th Mongolian-German Forum organized by the center-right Konrad Adenauer Foundation in Berlin agreed on Wednesday, March 28, 2012, current cooperation between the two countries in terms of natural resources is currently at a very low level indeed.
Minister informed investors on energy sector
State Property Committee have informed investors who interested on construction of new power station.
More land to be privatized
By the parliament decision every citizen owns 0.07 ha land free of charge. Citizens can apply for land till next year.
CONFERENCE IS EXPECTED ON WOMEN'S PARTICIPATION IN ASIAN POLITICS
Ulaanbaatar, Mongolia, /MONTSAME/ Ulaanbaatar will host the international Conference to increase women's representation in Asian Politics on April 3-4 in Chinggis Khaan hotel.
SWIMMERS TO COMPETE IN LONDON BY WILD CARD
Ulaanbaatar, Mongolia /MONTSAME/ The International Federation of the Aquatic Sports (FINA) has awarded Mongolians rights to compete in the London Olympic Games.
STATE SECRETARY MEETS CZECH AMBASSADOR
Ulaanbaatar, Mongolia /MONTSAME/ The State Secretary of the Ministry of Foreign Affairs B.Batkhishig received on Wednesday Mr. Vaclav Jilek, the Ambassador Extraordinary and Plenipotentiary of the Czech Republic to Mongolia.
PRESIDENT TS.ELBEGDORJ RECEIVES FRG MINISTERS
Ulaanbaatar, Mongolia /MONTSAME/ In Germany with the state visit, the President of Mongolia received on Thursday Norbert Lammert, the President of the Bundestag, and then Philipp Rosler, the Federal Minister of Economics and Technology and the Vice Chancellor of Germany.
STATE HEAD RECEIVES CHANCELLOR ANGELA MERKEL
Ulaanbaatar, Mongolia /MONTSAME/ In frames of the state visit to the Federal Republic of Germany, the President of Mongolia received on Thursday Ms. Angela Merkel, the FRG Chancellor.
PRESIDENT AND CHANCELLOR RELEASE JOINT COMMUNIQUE
Ulaanbaatar, Mongolia /MONTSAME/ At the Office of Federal Chancellor in Berlin, the President of Mongolia Ts.Elbegdorj and Germany's Chancellor Angela Merkel issued a joint communique on Tuesday.
FOREIGN MINISTER ADDRESSES MONGOLIA-GERMANY FORUM
Ulaanbaatar, Mongolia /MONTSAME/ Accompanying the President Ts.Elbegdorj in his state visit to the Federal Republic of Germany (FRG), the Minister of Foreign Affairs G.Zandanshatar addressed a conference of the Mongolia-Germany Forum held on Thursday in Germany.
GERMANY PRESIDENT MEETS TS.ELBEGDORJ
Ulaanbaatar, Mongolia /MONTSAME/ The President of the Federal Republic of Germany (FRG) Joachim Gauck and his spouse officially received on Thursday the State Head of Mongolia Ts.Elbegdorj and his spouse Kh.Bolormaa in the Bellevue Palace in Berlin.
China Yuan Has First Quarterly Drop Since 2009 on Slowing Growth
The yuan completed its first quarterly decline since December 2009 after Premier Wen Jiabao set the annual growth target at the lowest level in seven years.
Farmer says goodbye to column
Decades ago, Val Farmer was giving a talk on rural psychology at the South Dakota State Fair in Huron when a reporter approached him to do a story.
Religion in today’s society
The Mongols have held beliefs about the supernatural and spiritual since ancient times.
Archive exhibition held to mark 25th anniversary of Mongolia-U.S. ties
ULAN BATOR, March 30 (Xinhua) -- Mongolia and the United States jointly launched an archive exhibition on Friday to mark the 25th anniversary of diplomatic relations between the two countries.
Indignation in Europe after the death of a Hungarian worker in Mongolia
A plastic bag brought from Ulaanbaatar to Budapest and the story behind its arrival has raised concern and indignation in Hungary, a European country with numerous Mongolian immigrants.
Public Diplomacy and Mongolia
According to the “Guide to the Foreign Service Officer Selection Process” by US Department of State, there are five different Foreign Service Officer Career tracks to choose from and they are Management, Economic, Consular, Political and Public Diplomacy.
PRESIDENT ARRIVES IN GERMANY
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj and his spouse Kh.Bolormaa arrived on Wednesday in Berlin to pay a state visit to the Federal Republic of Germany (FRG).
STATE HEAD TO VISIT KYRGYZSTAN
Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj will pay an official visit to the Kyrgyz Republic on April 3-6 at an invitation of Mr. Almazbek Atambayev, the President of this country.
AIMAGS NEED TO DEVELOP CO-OPERATIVES
Ulaanbaatar, Mongolia /MONTSAME/ The meeting on Wednesday decided to run a campaign of developing co-operatives in localities by backing an initiative of citizens and the National Union of Co-operatives (NUC).
ABOUT MEAT SUPPLY
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Food, Agriculture and Light Industry T.Badamjunai gave on Wednesday a report to the cabinet on meat supply and ob measures for increasing meat reserves.
CH.KHURELBAATAR ABOUT IMPLEMENTATION OF BASIC GUIDELINES
Ulaanbaatar, Mongolia /MONTSAME/ An implementation of the basic guidelines of the socio-economic development of Mongolia stood at 80.1 per cent by the end of 2011, said Ch.Khurelbaatar, a head of the Cabinet Secretariat of Government.
AMBASSADOR J.ENKHSAIKHAN MEETS OSCE OFFICIALS
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to Austria and the observer at the Organization for Security and Co-operation in Europe (OSCE) J.Enkhsaikhan has shared views with Mr. Eoin O'Leary, the Permanent Representative of Ireland to the OSCE, on the Mongolia-OSCE cooperation, in Vienna of Austria.
UB MAYOR MEETS AMBASSADORS OF S.KOREA AND CHINA
Ulaanbaatar, Mongolia /MONTSAME/ The Mayor of Ulaanbaatar city G.Monkhbayar met on Wednesday Mr. Lee Tae-run, the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Mongolia.
T&T beat Barbados at Worlds
Curtis Humphreys turned around a two-game deficit to outlast Kevin Farley in a five-game thriller, inspiring Trinidad and Tobago to a 3-0 blanking of Barbados and a men's Fifth Division semi-final berth, at the World Team Table Tennis Championships, in Dortmund, Germany, yesterday.
Denison Files Annual Report on Form 40-F
TORONTO, ONTARIO, Mar 29, 2012 (MARKETWIRE via COMTEX) -- Denison Mines Corp. CA:DML -1.95% DNN -1.94% ("Denison" or the "Company") today announced that it has filed its 2011 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC).
SA conveyance safety company awarded Mongolian contract
Horne Conveyance Safety, the Canadian subsidiary of South African Horne Group, has installed Levelok chairing and emergency-braking systems on a cage earmarked for Canada-based international mining company Ivanhoe Mines’ Oyu Tolgoi No 1 shaft, in Mongolia.
Fluorite, Mongolia press rare earth buttons
THERE'S nothing like the convergence of two hot stories - in this case Mongolia and rare earths.
JAPAN APPRECIATES MONGOLIA'S EFFORT TO ABOLISH CAPITAL PUNISHMENT
Ulaanbaatar, Mongolia /MONTSAME/ A coordinator of the Japan Amnesty International NGO (JAI) T.Hayashi has highlighted Mongolia's joning the Second Optional Protocol to the International Covenant on Civil and Political Rights, "which aims to abolish the death penalty".
Mongolian-Sweden consultative meeting held in Stockholm
Consultative meeting between Ministries of Foreign Affairs Mongolia and Kingdom of Sweden took place in Stockholm, capital of Sweden on March 21-22, 2012.
FeOre waits the Mongolian Government approval
FeOre (ASX: FEO) can commence construction of infrastructure and other facilities at the Ereeny Iron Ore Project in Mongolia after receiving government approval for the project’s Feasibility Study.
New railway company to be established
The Cabinet meeting yesterday discussed implementation of the Policy Document on Railway and decided to establish 51 percent state owned company.
MP’s wants investigation on TT
MPs Kh.Battulga and L.Gundalai today gave some documents and facts to the General Prosecutor Office.
One million MNT to be distributed in three parts
Bounty of up to MNT one million from the Human Development Fund (HDF) will be given to above 60-year men and above 55-year women.
Koreans will supply petroleum to Mongoia
Ministry of Mineral and Energy have a signed long term agreement with South Korean company SK Energy on petroleum supply.
Two more rights for London-2012
Two Mongolian swimming athlete has received a permission to participate London-2012 Olympic games.
Tsakhia Elbegdorj receives WRG chairman
The President of Mongolia Tsakhia Elbegdorj has started his state visit to Germany on March 28, Wednesday.
Nisvanis Rocks Capital of Mongolian Grunge
For today’s combo Geo Quiz/Global Hit, we’re heading for the capital of Mongolia. This central Asian nation is famed for its arid plains and nomadic culture.
China dominates Asian Women's Boxing Championship in Mongolia
ULAN BATOR, March 25 (Xinhua) -- China dominated the 6th Asian Women's BoxingChampionship, which concluded here on Sunday, with five gold, two silver and threebronze medals.
Newcomers and veterans eye futsal showpiece
Way in advance of the FIFA Futsal World Cup Thailand 2012, which will be held between 1 and 18 November in Bangkok and Nakhon Ratchasima, the first records have tumbled en route to the global showdown, as more nations than ever before went in search of a place at the tournament.
Mongolia to partner with NATO
ULAN BATOR, March 29 (Xinhua) -- Mongolia would further develop its cooperation with NATO under a new partnership program approved recently, Ministry of Foreign Affairs said Thursday.
Erdene Provides Project Updates and Reports Year End Financial Results
HALIFAX, NOVA SCOTIA, Mar 29, 2012 (MARKETWIRE via COMTEX) -- Erdene Resource Development Corp. ("Erdene" or "Company") CA:ERD -2.38% , today provided an update on the Company's principal projects in conjunction with the release of its year-end financial results.
German think tank says it's forced out of UAE
BERLIN (AP) — A pro-democracy think tank with links to German Chancellor Angela Merkel 's party said Thursday it is closing its office in Abu Dhabi after officials there ordered that it end its activities in the United Arab Emirates .
Mongolia Strengthens Cooperation with NATO
Ulan Bator, Mar 29 (Prensa Latina) Mongolia is broadening its cooperation with the North Atlantic Treaty Organization under a new partnership program approved recently, according to an official communique released on Thursday in this capital.
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet at its regular meeting on Wednesday supported drafts on amending the law on small and middle enterprises, on government's special fund, on purchasing goods, jobs and services with the state and regional property.
MONGOLIA AND GERMANY LAUNCH NEGOTIATIONS ON COOPERATION
Ulaanbaatar, Mongolia /MONTSAME/ Negotiations of the Mongolia-Germany intergovernmental cooperation of development started on Monday in Bonn, Germany.
FOREIGN MINISTER IN GENEVA
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Foreign Minister Affairs G.Zandanshatar has confirmed that the government of Mongolia attaches a great importance to matters on protecting and developing human rights.
COMMUNITY OF DEMOCRACIES SETS UP WORKING GROUP
Ulaanbaatar, Mongolia /MONTSAME/ In accordance with a decision of the Governing Council of the Community of Democracies (CD), a new working group--Network for Leaders Engaged in New Democracies (LEND) has been set up.
TS.DASHDORJ REPORTS ON IMPLMENTATION OF RAILWAY POLICY
Ulaanbaatar, Mongolia /MONTSAME/ The Minister Ts.Dashdorj has introdiuced to the cabinet an implementation of the state policy in the railway sphere.
LOAN TO BE TAKEN FOR DIAGNOSIS AND TREATMENT CENTER
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet decided on Wednesday to take a loan from the Korea EximBank in order to implement a project on establishing a regional center of medical treatment and diagnosis.
NAT'L BUSINESSMEN AND ENTERPRISERS TO BE BACKED BY TAX POLICY
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday discussed and backed a draft amendment to the law on value-added tax, and decided to submit it to the State Great Khural.
Focus On Mongolian Mining Corporation, Mongolia's Flagship Public Company
Part 1 This article is based on data from an interview with Mongolian Mining Corporation CEO Dr. Battsengel Gotov on February 13, 2012, data gathered attending Coal Mongolia 2012 February 9 and 10, 2012, trips by the author to Mongolia in September 2011 and February 2012, and a review of recent Mongolian Mining Corporation activity and news.
Japan's Feb coking coal imports by source
March 29 (Reuters) - Following is a table of customs-cleared coking coal imports for February released by Japan's Ministry of Finance on Thursday.
Are there any currencies backed by gold?
That’s the only way to describe the reaction that future historians will have when they look back and study the utter perversion that is our global financial system.
CIE to be tested in schools starting next week
31 schools will implement University of Cambridge International Examinations (CIE) starting next week.
V.PUTIN EXPRESSES THANKS BY MESSAGES
Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister of the Russian Federation (RF) V.V.Putin has sent messages to the State Head and the Prime Minister of Mongolia.
FOCUS ON MONGOLIAN MINING CORPORATION, MONGOLIA’S FLAGSHIP PUBLIC COMPANY
This article is based on data from an interview with Mongolian Mining Corporation CEO Dr. Battsengel Gotov on February 13, 2012, data gathered attending Coal Mongolia 2012 February 9 and 10, 2012, trips by the author to Mongolia in September 2011 and February 2012, and a review of recent Mongolian Mining Corporation activity and news.
Erdenes Tavan Tolgoi to raise up to USD 400 million in 2012 - COO
Reuters quoted Mr Graeme Hancock COO of Mongolia's state owned Erdenes Tavan Tolgoi, owner of one of the world's largest coking coal deposits, as saying that it will need to raise up to USD 400 million this year if its planned float does not go ahead by December 2012.
UN calls for action to support Mongolia's reindeer herders
New York, Mar 27 : Urgent action is needed to support Mongolia’s reindeer herders and protect them from unregulated mining, logging, water pollution and climate change, among other threats, according to a report by the UN environment agency, released on Monday.
China beats US with power from coal-processing to trap carbon
After studying chemistry at Shanghai’s Fudan University, Jane Chuan and Wang Youqi pursued doctorates in the U.S. She got hers from what’s now the University of Buffalo in 1988, the year they married.
China's Shenhua Sets Sights on Mongolian, Indonesian Coal Mines to Boost Production
Positive coal sales generation during January and February has prompted China Shenhua Energy Co Ltd. to declare its 2012 sales volume could likely reach 425 million tonnes to exceed earmarked targets.
UTM Reappoints Rapello as Director and Ganbaatar Resigns
ULAANBAATAR, MONGOLIA, Mar 28, 2012 (MARKETWIRE via COMTEX) -- Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (cnsx:UTM) announces that Saruul Ganbaatar has resigned as a director of the Company.
Mongolia: Could Mining Threaten Tourism Potential?
Twenty years ago, when a Dutch cyclist named Rik Idema first passed through Mongolia on a round-the-world biking trip, the country struck him as the most pristine place he'd ever seen.
TS.DASHDORJ MEETS RUSSIAN AMBASSADOR AND UB RAILWAYS HEADS
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Road, Transportation, Construction and Urban Development Ts.Dashdorj has discussed measures to be taken for reforming the "Ulaanbaatar Railways" Mongolia-Russia joint venture and for increasing its freight capacity.
FOREIGN MINISTER MEETS WEF AND WTO LEADERS
Ulaanbaatar, Mongolia /MONTSAME/ In Switzerland with the working visit, the Minister of Foreign Affairs G.Zandanshatar met on Monday with Klaus Schwab, the chairman of the World Economic Forum (WEF) in Geneva.
SPEAKER MEETS AMBASSADOR OF S.KOREA
Ulaanbaatar, Mongolia /MONTSAME/ The Parliament Speaker D.Demberel has congratulated Mr. Lee Tae-ru on becoming the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Mongolia.
Democratic Union’s Woman’s forum starts
Mongolian Democratic Union’s Woman’s forum started today at the State Palace. “Mongolian woman have had a important role in 1990s democratic movement.
Police officials hearing postpones again
The hearing of senior officials scheduled today has been postponed again because of lawyers of defendants refused.
Survey of Mongolian Public Opinion
This opinion survey was conducted with face-to-face interviews taking place between October 12-November 12, 2011 in 11 of the country’s 21 aimags and the independent municipality of Ulaanbaatar.
Xstrata Copper CEO sees strong demand, tight market
Strong global copper demand and difficulties in bringing new mines on line will keep the red metal market tight, the head of Xstrata Copper, the world’s fourth-largest copper miner, told a Chilean paper’s Monday edition.
Coking coal demand seen at 115 Mt/y by 2015 as Asian consumption rises
Demand for coking coal will have increased by 115-million tons a year by 2015 as a result of increased consumption from Asia, predicts consulting engineering and project management company Hatch Africa director for coal Gerrit Lok.
Ivanhoe Mines Seeks Out Copper In The Gobi Desert; 2 Ways To Play Gold
Recently, I discussed Ivanhoe Mines, Inc. (IVN) with Clay Mahaffey, Chief Analyst of the National Eagles and Angels Association on the “Stock Watch” segment of my nationally syndicated radio program “The George Jarkesy Show”.
Mongolia to send 350 troops to South Sudan on UN mission
ULAN BATOR, March 26 — The Mongolian Defense Ministry held a farewell ceremony Monday for troops to be sent to South Sudan on a UN peacekeeping mission.
Petro Matad appoints new director
Petro Matad ( LON:MATD ) today announced that Ms Amarzul (Amaraa) Tuul has been promoted to the board of directors.
FeOre prepares for construction following government approval for Ereeny iron ore Feasibility Study
FeOre (ASX: FEO) can commence construction of infrastructure and other facilities at the Ereeny Iron Ore Project in Mongolia after receiving government approval for the project’s Feasibility Study.
UN environment agency calls for urgent action to support Mongolia’s reindeer herders
26 March 2012 – Urgent action is needed to support Mongolia’s reindeer herders and protect them from unregulated mining, logging, water pollution and climate change, among other threats, according to a report by the UN environment agency, released today.
Altan Rio Completes Drilling Program in Mongolia with Strong Results and Announces the Commencement of Drilling at Khavchuu Project
Canada-based exploration company Altan Rio Minerals Limited (TSX Venture: AMO) is moving quickly beyond early exploration stages as it advances its copper and gold projects located in resource-rich regions of Mongolia. – ( Financial Press )
Fitch Rates Mongolia's XacBank's Senior Notes 'B(exp)'
(The following was released by the rating agency)
Mongolian Companies Go Big With Initial Forays Into The Global Debt Market
Given Mongolia had the world's fastest growing economy in 2011, it was only going to be a matter of time before the country sought to leverage its position as the latest global financial hotspot in order to raise funds on the international bond markets and underpin its go-to investment status.
Mongolia Growth Group Ltd. Announces AGM Date
Calgary, Alberta CANADA, Mar 27, 2012 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),("MGG" or the "Company") is pleased to announce that it will be holding its annual general meeting on April 14th 2012 at 2:00PM EST at the Westin Harbour Castle, 1 Harbour Square, Toronto.
China Shenhua says hopes to restart talks on Mongolia mine
* Shenhua in talks to buy assets in N.America, Africa, Australia , Indonesia -CEO * Coal sales this yr seen exceeding earlier target (Recasts with quotes, details)
Sing and become famous
Has everybody been watching the song competition “Universe Best Songs” on UBS Television?
Moody's reviews four Mongolian banks' ratings for downgrade
March 26 (Reuters) - Golomt Bank, Khan Bank, the Trade and Development Bank of Mongolia (TDB) and XacBank.
A US$ 47 million investment will help build the first wind energy project in Mongolia
Mongolia's newly discovered wealth of natural resources has been on the minds of many investors with the main focus being on mineral resources such as coal, copper and iron ore.
Gateway to Asia exhibition: Russian businesses in Mongolia
Gateway to Asia (Vorota v Azi u) exhibition will be organized in the Russian city of Irkutsk from March 27th to 29th .
Mount Olive grad slain in Mongolia
MOUNT OLIVE — When John Martin Keane stopped posting on Facebook one day in early January, his friends and family knew something was wrong.
Mongolia to Grow at 20% in 2012: Fund Manager
Mongolia could be the fastest growing economy in the world this year, with gross domestic product expanding 20 percent , according to Alisher Ali, Managing Partner at Silk Road Management.
Historic moment for women’s boxing in Mongolia
T.Bolortuul and E. Uyanga have made history as the first female Mongolian boxers to win gold at the Asian Female Boxing Championships.
MONGOLIAN CAPITAL CITY HOPES TO IMPROVE TRANSPORTATION WITH HUGE INVESTMENT
THE MONGOLIAN CAPITAL CITY WILL DIVERT THE BULK OF INVESTMENT TO DEVELOP ITS TRANSPORTATION SECTOR, THE CITY"S MAYOR SAID FRIDAY.
China Shenhua says hopes to restart talks on Mongolia mine
* Shenhua in talks to buy assets in N.America, Africa, Australia , Indonesia -CEO * Coal sales this yr seen exceeding earlier target (Recasts with quotes, details)
Phillip Norton In hot water, but making tracks into Mongolia
Grimsby man, BBC Look North reporter and former Grimsby Telegraph journalist Phillip Norton, has hung up his microphone for a while and taken a career break to travel the world.
View from abroad: US facing woes, but still No. 1
Anyone worried about an erosion of America's global status might consider this modest fact: Facebook is the dominant social network in Mongolia.
Mongolia Growth Group Ltd. Announces Issuance of Employee Stock Options
Calgary, Alberta CANADA, Mar 23, 2012 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),announces that 190,000 5-year stock options to purchase shares of MGG at a price of $4.00 per share have been issued to salaried employees of MGG and its wholly owned Mongolian subsidiary pursuant to the Company's stock option plan.
124 thousand apartment available for apartment loan
The Government meeting which held on Friday (March 16, 2012) approved a list of apartment buildings which includes in 100 thousand apartment program.
President warns Police Chief
President Tsakhia Elbegdorj met yesterday with general D.Sandag-Ochir, Chief of General Police Office.
Nambar Enkhbayar invites political leaders on debate
Head of MPRP, former President of Mongolia Nambar Enkhbayar invited all political leaders to debate on fair election.
Ulaanbaatar will be clean
City districts started clean streets. Before Tsagaan sar almost 80 percent of garbage was cleaned.
Launch of the State of the World’s Children 2012: Children in an Urban World
Children in peri-urban and urban areas are often the silent face of poverty and deprivations according to UNICEF’s annual flagship report the State of the World’s Children 2012: Children in an Urban World.
Establishes sub-committee on anti-trafficking
By the decision of Justice and Interior Minister established sub-committee on Anti-trafficking.
700 voting machine will arrive end of March
Mongolians first time will use automatic voting machine.
Senior police officials taken to Detention Center
Senior police officials who have a treatment at Sukhbaatar district hospital taken to Detention Center’s hospital yesterday (on March 20, 2012) around 5 pm.
E.Badar-Uugan will miss London-2012
Mongolian boxer Enkhbat Badar-Uugan, Beijing Olympic gold medal will miss London-2012.
Aida will performed by American conductor
Aida, opera in four act by Guiseppe Verdi will performed at the State Theatre of Opera and Ballet on March 31 and April 1.
GOVERNMENT AND FINANCIAL FREEDOM
Ulaanbaatar, Mongolia /MONTSAME/ At its regular meeting on Wednesday, the cabinet got familiarized with implementation of works reflected in the 1st phase of the National Strategy of Supporting Private Sector Development.
WORKING GROUPS SET UP TO DISTRIBUTE ID CARDS
Ulaanbaatar, Mongolia /MONTSAME/ In accordance with the cabinet decision, a working group has been set up to organize nationwide a distribution of new ID cards and to provide this work with a unified management.
FINANCIAL SOURCE TO BE CREATED FOR SAFETY STOCK OF COAL
Ulaanbaatar, Mongolia /MONTSAME/ A financial source for a coal safety stock will be created with aims to ensure reliable activities of fuel and energy factories and to not increase debts and receivable.
ABOUT IMPLEMENTATION OF ACTIVITY PROGRAM OF CABINET
Ulaanbaatar, Mongolia /MONTSAME/ Implementation of the governmental activity program for 2008-2012 was done at 82 per cent by 2011, and it might reach 87 per cent by beginning of this year.
TRAINING HELD ON MEDICAL AID FOR DISABLED
Ulaanbaatar, Mongolia /MONTSAME/ The administration of the city's Songinokhairkhan district has hosted a training on strengthening a public participation in improvement of medical assistance for the disabled.
TRIPARTITE PROJECT REVIEW MEETING HELD
Ulaanbaatar, Mongolia /MONTSAME/ Tripartite Project Review meeting of the “Strengthening the Disaster Mitigation and Management System in Mongolia” project ran on Thursday in the National Emergency Management Agency (NEMA).
AIMAG GOVERNOR VISITS CHINESE BAOTOU
Ulaanbaatar, Mongolia /MONTSAME/ A delegation led by P.Gankhuyag, the governor of Dornogobi aimag, visited on March 19 a Baotou city of Chinese Inner Mongolia.
MONGOLIA-FINLAND CONSULTATIVE MEETING RUNS
Ulaanbaatar, Mongolia /MONTSAME/ The Ministries of Foreign Affairs of Mongolia and Finland organized a political consultative meeting on March 19, 2012 in Helsinki.
SCIENTIFIC CONFERENCE ON COSMOLOGY DEVELOPMENT HELD
Ulaanbaatar, Mongolia /MONTSAME/ A scientific conference themed "Contemporary cosmology-Mongolia" ran on Thursday in Ulaanbaatar on occasion of the 31st anniversary of first space flight of Mongolian.
SUPER COMPUTER INSTALLED IN METEOROLOGY INSTITUTE
Ulaanbaatar, Mongolia /MONTSAME/ A super powerful computer has been installed in the National Agency of Meteorology, Hydrology and Environment Monitoring.
FOREIGN MINISTER MEETS AMBASSADORS
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Foreign Affairs G.Zandanshatar received Kujtim Xhani, the Ambassador Extraordinary and Plenipotentiary of the Republic of Albania to Mongolia, on Friday.
PROJECT TO BE IMPLEMENTED TO ESTABLISH OUTSOURCING CENTER
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Finance D.Khayankhyarvaa signed on Thursday a credit agreement between the government of Mongolia and the Export-Import Bank of India (EIBI) with an aim to implement a project.
KH.BATTULGA MP WANTS POLITICIANS TO BE INSPECTED BY CCA
Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, a head of the Mongolian Democratic Union (MDU) Kh.Battulga MP gave to the Corruption Combating Agency (CCA) materials with "information about some politicians' affairs".
PRESIDENT ATTENDS NOWRUZ CELEBRATION
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the President Ts.Elbegdorj participated in a celebration of Nowruz (Lunar New Year of Kazakh people) organized by UB-based local council of Bayan-Olgii aimag.
SPEAKER WORKS IN KHOVD
Ulaanbaatar, Mongolia /MONTSAME/ The Parliament Speaker has started a working tour from Khovd aimag's Tsetseg soum.
MESSAGE FROM UN SECRETARY-GENERAL ON WATER DAY
Ulaanbaatar, Mongolia, /MONTSAME/ The Secretary-General of the UN Ban Ki-moon sends a message on World Water day.
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet backed in principle draft amendments to the laws initiated by the President on criminal, criminal procedure, implementation of court decisions, court, emergency situation and civil registration.
PREMIER GREETS KAZAKHS
Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold congratulated on Thursday the Kazakh people on occasion of their Nowruz--the Lunar New Year of Kazakhs.
STATE SECRETARIES AND HEADS OF AUTHORITIES APPOINTED
Ulaanbaatar, Mongolia /MONTSAME/ State Secretaries of some agencies and heads of authorities were appointed in accordance with a decision of irregular cabinet meeting on Friday.
CENTRAL ASIA: FEEL THE WIND (ENERGY)
Central Asia is mainly known for its abundant hydrocarbon reserves – but some countries in the region are already turning their attention to wind resources to produce cleaner, renewable energy.
AUSTRALIA’S ABREE SEES GLOBAL THERMAL COAL PRICES SLIDING 37% BY 2017
Thermal coal contract prices are expected to fall 37% to $82/mt by 2017, reflecting strong growth in exports from Australia, Indonesia, Colombia and emerging exporters such as Mongolia and Mozambique, the Australian Bureau of Resources and Energy Economics said Wednesday.
MONGOLIA’S MISSED MINING VEINS
Mongolian debt and equity frontier index entry ambitions were dashed after the landmark Tavan Tolgoi 30 percent coal mine flotation was postponed from this quarter until September, in position as the biggest and most widely held listing.
THINKING ABOUT CHINA — OPED
Stability maintenance and sovereignty assertion are the two sides of China’s strategic policy-making.
US TO NOMINATE KIM FOR WORLD BANK
President Barack Obama will nominate Jim Yong Kim, president of Dartmouth College, to lead the World Bank.
POLLUTION THE BIG BARRIER TO FREER TRADE IN RARE EARTH
Tackling pollution, not freeing up trade, is regarded as the solution to a global shortage of rare earths, the metals that are the building blocks of the 21st century.
Beren Mining Plans Mongolia's Biggest Domestic IPO, Broker Says
March 12 (Bloomberg) -- Beren Mining LLC, a Mongolian iron ore producer, is preparing the nation's biggest initial share sale on the domestic exchange to capitalize on demand for the raw material in neighboring China.
Buffalo native nominated as ambassador to Mongolia
WASHINGTON—President Obama has nominated a Buffalo native to serve as ambassador to Mongolia.
Mongolia Will Gain Access to the World Bank’s IBRD Financing
Ulan Bator, March 7, 2012 – Following a careful review of Mongolia’s development opportunities, the World Bank has decided to declare Mongolia creditworthy for its International Bank for Reconstruction and Development (IBRD) lending.
Investing in Mongolia: Is It Time to Buy the World's Fastest Growing Economy?
It is the world's fastest growing economy. It also may be the world's best kept secret.
Australian firm wins copper project contract in Mongolia
SYDNEY, March 23 (Xinhua) -- Australian engineering giant WorleyParsons announced on Friday it had been awarded a contract to build a copper and molybdenum processing plant in Mongolia.
KPMG keeps the books in Mongolia
KPMG in Mongolia and NIMM Audit, a leading Mongolian professional services company, announced March 18 that they will align as KPMG LLC.
Funds put frontier lands on the map
Investing in frontier markets can sometimes be a lonely, even depressing experience for a fund manager.
Mayer Brown JSM advises Mongolian bank on $580 mln bonds issuance
In Mongolia, Mayer Brown JSM has advised the Development Bank of Mongolia and the Ministry of Finance of the Government of Mongolia on its recent issuance of $580m senior guaranteed bonds.
KPMG Expands Capabilities in Mongolia
KPMG in Mongolia and NIMM Audit have agreed to align as KPMG LLC — forming a combined team including 50 local audit, tax and advisory professionals along with seconded industry experts from other KPMG member firms that will establish KPMG as the largest service provider of its kind in Mongolia, KPMG International announced today.
EBRD to finance Mongolia's first wind power project
The EBRD is extending a loan for the development of Mongolia's first wind energy project – the Salkhit wind farm with GE's wind turbines.
NATO and Mongolia Agree Programme of Cooperation
The North Atlantic Council formally approved an Individual Partnership and Cooperation Programme with Mongolia on 19 March 2012.
Tibetan Mongolian Buddhist Culture Center in Bloomington offers Buddhism classes, retreats, gift shop and yoga classes
BLOOMINGTON, Ind. — Tucked neatly among the suburban homes on the southeast side of Bloomington, Ind., sits a holy place.
China and Russia build ties across border
Manzhouli, China (CNN) – In Inner Mongolia – the frozen grasslands between China and Russia – it's hard to imagine anything surviving.
Ts.Eldegdorj to make historic visit to Germany
President of Mongolia Ts. Elbegdorj will make an official visit in to Germany from March 29th to April 1st.
China, Mongolia expand currency swap deal
BEIJING, March 21 (Xinhua) -- The People's Bank of China (PBOC), the country'scentral bank, announced Wednesday that it has signed supplementary currency swapagreements with the Bank of Mongolia, doubling the scale of a 2011 bilateral swapdeal.
Australia, Mongolia are big winners at first Asia Mining Awards
Australia and Mongolia received the major awards in the first Asia Mining Awards which honoured the top executives and companies in the exploration, mining, mining finance and investment areas.
Ivanhoe Mines 2011 net loss widens, Mongolia project on track for Q3 startup
VANCOUVER - Ivanhoe Mines Ltd. reported a wider net loss for 2011 on Tuesday as it said its copper-gold mine in Mongolia remains on track to start up in the third quarter.
Mongolian coal miner Ikh Gobi seeks pre-IPO investment
HONG KONG, March 21 (Reuters) - Privately owned Mongolian coal miner Ikh Gobi Energy LLC is seeking investment of $100-$200 million this year ahead of a planned Hong Kong initial public offering in 2013, its chief executive said on Wednesday.
IVANHOE MINES ANNOUNCES 2011 FINANCIAL RESULTS AND REVIEW OF OPERATIONS
OYU TOLGOI COPPER-GOLD-SILVER PROJECT ON TRACK TO START INITIAL PRODUCTION IN THIRD QUARTER OF 2012.
When the alphabet is not the problem
The Mongolian Script or Mongol Bichig has got an amazing history. As Hebrew, Arabic, Latin and Cyrillic alphabets, the classical Mongolian Script is a child system of the Phoenician alphabet.
Chinzorig sculpts Mongolia’s fledgling digital art landscape
Chinzorig Batzorig was born in 1989 in Ulaanbaatar and started drawing when he was a little boy, but he has been concentrating on digital art since 2009.
Wind power in Mongolia: first wind farm
Mongolia's first wind energy project, the 50 MW Salkhit wind farm, with GE's wind turbines, is getting $47 million in investments from the EBRD.
WorleyParsons wins contract in Mongolia
Engineering giant WorleyParsons has won a contract to build a copper and molybdenum processing plant in Mongolia.
London Eye: Mongolia marathon man makes great strides as adopted Geordie
Standing outside the Next store on the Team Valley Trading Estate in Gateshead, off to the right you can see the rusty outline of Antony Gormley's Angel of the North.
Mongolia's Tavan Tolgoi may need to raise up to $400 mln pre-IPO
(Reuters) - Mongolia's state-owned Erdenes Tavan Tolgoi, owner of one of the world's largest coking coal deposits, will need to raise up to $400 million this year if its planned float does not go ahead by December, a senior executive said on Thursday.
S&PBulletin: Mongolian Mining Rtgs Unaffected By Notes Upsize
(The following was released by the rating agency) SINGAPORE (Standard & Poor's) March 23, 2012--Standard & Poor's Ratings Services said today that its corporate credit rating on Mongolia-based coking coal producer Mongolian Mining Corp. (MMC; B+/Stable/--) and its rating on MMC's senior notes maturing 2017 are unaffected by the company's decision to increase its issuance to US$600 million.
T.BADAMJUNAI ATTENDS FAO CONFERENCE
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Food, Agriculture and Light Industry T.Badamjunai has given a speech at the Ministerial Meeting of the 31st UN Food and Agriculture Organization (FAO) Regional Conference for Asia and the Pacific kicked off on March 15 in Hanoi, Vietnam.
AMBASSADOR T.JANABAZAR MEETS LAO VICE MINISTER OF AGRICULTURE
Ulaanbaatar, Mongolia /MONTSAME/ On March 16, the Ambassador Extraordinary and Plenipotentiary of Mongolia to Laos T.Janabazar met with the Lao Vice-Minister of Agriculture and Forestry.
SCIENTIFIC CONFERENCE ON ENGLISH LANGUAGE HELD
Ulaanbaatar, Mongolia /MONTSAME/ A scientific conference themed "English language, linguistics and teaching method" was held on Monday in the Mongolian State University of Mongolia (MSU) dedicated to the 70th anniversary of the MSU.
VICE MINISTER T.PUREVDORJ ATTENDS INT'L MEETING
Ulaanbaatar, Mongolia /MONTSAME/ A delegation led by T.Purevdorj, the Vice Minister of Road, Transportation, Construction and Urban Development, has spoken about a present situation in road development in Mongolia and further directions at an international high-level meeting of transport ministers.
DAY OF MONGOLIAN ARMED FORCES CELEBRATED
Ulaanbaatar, Mongolia /MONTSAME/ On Sunday, authorities and war veterans paid tribute to the Monument to D.Sukhbaatar on occasion of the 91st anniversary of founding of the contemporary Armed Forces of Mongolia, March 18.
AMBASSADOR TO JAPAN PRESENTS CREDENTIALS
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to Japan S.Khurelbaatar presented on Monday his diplomatic credentials to His Highness Crown Prince of Japan.
SPEAKER LEAVES FOR AIMAG
Ulaanbaatar, Mongolia /MONTSAME/ The Parliament Speaker D.Demberel left on Sunday for locality with a working visit.
MONGOLIA STRIKES A BALANCE BETWEEN DEVELOPMENT AND ENVIRONMENTAL PROTECTION
As Mongolia is becoming the world’s fastest-growing economy, local and international efforts are also ramped up to ensure its environment won’t pay a heavy price.
AUSTRALIA’S CONTROVERSIAL COAL AND IRON MINING TAX PASSES THE SENATE
The Australian Senate approved today a mining legislation that imposes a 30% tax on coal and iron ore miners, allowing the government to take a larger part of profits from a mining boom pushed by Chinese and Indian demand for raw materials.
PERNOD RICARD CONFIDENT ON CHINA PRICE INCREASES
French drinks maker Pernod Ricard said increasingly affluent Chinese customers will absorb price increases on its Martell cognac and whisky brands without denting strong Asian sales growth.
OYU TOLGOI NAMED ONE OF ’10 BEAUTIFUL PLACES WE COULD DESTROY WITH HUMAN DRILLING’
The widely read Huffington Post in one of its characteristically breathless pieces on the environment on Tuesday calls out Vancouver-based Ivanhoe Mines’ Oyu Tolgoi project.
URSA Major Minerals Appoints John Lee and Greg Hall to the Board of Directors
TORONTO, ONTARIO — URSA Major Minerals Incorporated (TSX:UMJ) ("URSA Major" or the "Company") is pleased to announce the appointment of John Lee and Greg Hall to the board of directors of URSA Major. This appointment follows the binding letter of agreement (the "Agreement") announced on March 2, 2012 for a business combination through a proposed all share transaction.
Ivanhoe sees Oyu Tolgoi starting output in 2013
HONG KONG -(MarketWatch)- Ivanhoe Mines Ltd.'s IVN -2.14% US$6 billion Oyu Tolgoi copper-gold project in Mongolia is on track to commence commercial production in the first half of 2013, a senior executive said Wednesday.
SouthGobi Resources loss narrows on higher coal prices
* Q4 loss/shr $0.14 vs loss/shr $0.16 yr ago * Revenue up 23 pct * Average realized selling price $55.51/tonne vs $31.56/tonne yr ago
Guildford Coal to Raise Around $26.5 Million
Guildford Coal is taking advantage of the feelgood factor in the resources sector by seeking to raise around 25 million Australian dollars (US$26.5 million) through an issue of new equity, a person familiar with the matter told Deal Journal Australia.
Ivanhoe Mines 2011 net loss widens, Mongolia project on track for Q3 startup
VANCOUVER - Ivanhoe Mines Ltd. reported a wider net loss for 2011 on Tuesday as it said its copper-gold mine in Mongolia remains on track to start up in the third quarter.
"TOURISM IN 21ST CENTURY" NAT'L FORUM APPROACHES
THE MINISTRY OF ENVIRONMENT AND TOURISM IS TO RUN A NATIONAL FORUM THEMED "TOURISM IN THE 21ST CENTURY" ON MARCH 23 IN THE GOVERNMENT HOUSE.
Marilyn finally gets her desserts
Except for a few nomads in Outer Mongolia, everybody now knows that 85-year-old Marilyn Hagerty has spent decades living on the edge as the “Eat Beat” reporter for the Grand Forks Herald.
A York couple take on challenge of a lifetime for Honeymoon
Following their wedding on Saturday 14th July, newlyweds Helen Woolnough and Neil Melville will set off on a 14,000km honeymoon trip to Mongolia.
Entree Gold Announces Best Drill Results to Date for Ann Mason
VANCOUVER, BRITISH COLUMBIA, Mar 20, 2012 (MARKETWIRE via COMTEX) -- Editor's Note: There is one photo associated with this press release.
T.Namjil: Mongolians struggle with “I do”
One of the few organizations that is working on the issues facing families in Mongolia is Ulaanbaatar University’s Family Study Center.
Life grows from a positive attitude
About three years ago, Mongolians became close to obsessed with the book ‘The Secret.’
KPMG keeps the books in Mongolia
KPMG in Mongolia and NIMM Audit, a leading Mongolian professional services company, announced March 18 that they will align as KPMG LLC.
KPMG Forms Alignment to Expand Capabilities in Mongolia
HONG KONG, March 18, 2012 /PRNewswire via COMTEX/ -- KPMG in Mongolia and NIMM Audit, a leading Mongolian professional services company, have agreed to align as KPMG LLC -- forming a combined team including 50 local audit, tax and advisory professionals along with seconded industry experts from other KPMG member firms that will establish KPMG as the largest service provider of its kind in Mongolia, KPMG International announced today.
Mongolian adventure for Asfordby bride
A NEWLYWED couple is going on a honeymoon with a difference – driving 14,000km from London to Mongolia in an tiny Fiat Panda in the name of charity.
SOUTHGOBI RESOURCES 2011 PROFIT AIDED BY 58% BOOST IN COAL SOLD
SOUTHGOBI RESOURCES (TSE:SGQ) MONDAY POSTED A PROFIT FOR 2011, THANKS TO A RECORD 58 PERCENT INCREASE IN THE AMOUNT OF COAL SOLD TO AROUND 4.02 MILLION TONNES.
UTM Announces Appointments of Kenneth Farrell and Saruul Ganbaatar to the Board of Directors
ULAANBAATAR, MONGOLIA, Mar 20, 2012 (MARKETWIRE via COMTEX) -- Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (cnsx:UTM) has appointed Kenneth Farrell and Saruul Ganbaatar to the Company's board of directors and Paul Rapello has resigned as a member of the board of directors.
Mongolian Olympic team beginning to take shape
10 athletes from Mongolia will compete at the 2012 Olympic Games in London, England with the chance for additional athletes to gain berths in the final months before the games open on July 27th.
"Lost" Great Wall of China Segment Found?
A forgotten section of the Great Wall of China has been discovered deep in the Gobi Desert—and outside of China —researchers say.
Dr. O.Sergelen leads Mongolia’s battle against liver cancer
An interview from Undesnii Shuudan newspaper with the Head of the Liver Transplant Team of Mongolia, Principal of Surgery at the National Medical University of Mongolia Dr. O. Sergelen.
China, Mongolia expand currency swap deal
BEIJING, March 21 (Xinhua) -- The People's Bank of China (PBOC), the country'scentral bank, announced Wednesday that it has signed supplementary currency swapagreements with the Bank of Mongolia, doubling the scale of a 2011 bilateral swapdeal.
RIO TINTO IN MONGOLIAN POWER STRUGGLE
A POWER SOLUTION FOR ONE OF RIO TINTO'S MOST PROSPECTIVE MINES REMAINS ELUSIVE, RAISING DOUBTS OVER WHETHER PLANS TO BE IN PRODUCTION WITHIN SIX MONTHS CAN BE ACHIEVED.
Mongolian coal miner Ikh Gobi seeks pre-IPO investment
(Reuters) - Privately owned Mongolian coal miner Ikh Gobi Energy LLC is seeking investment of $100-$200 million this year ahead of a planned Hong Kong initial public offering in 2013, its chief executive said on Wednesday.
Japanese 'envoy' meets DPRK official
ULAN BATOR--A senior North Korean official in charge of Japanese affairs on Saturday met in mongolia with a Japanese professor, who apparently talked with the official on behalf of Hiroshi Nakai, former state minister in charge of the abduction of Japanese nationals by North Korea.
N.K. envoy meets with Nakai proxy
ULAN BATOR — A senior North Korean official in charge of Japanese affairs spoke in Mongolia Saturday with a Japanese professor believed to be serving as a de facto proxy for Hiroshi Nakai, a former state minister in charge of the abduction issue.
Mongolia to raise policy rate to curb inflation
Mongolia's central bank would raise its main policy rate to contain rising inflation, local media said Saturday.
WHY THE BRITISH ARE FREE-THINKING AND THE CHINESE LOVE CONFORMITY: IT’S ALL IN THE GENES CLAIM SCIENTISTS
Cultural stereotypes may be deep rooted in our genetic makeup, say scientists.
Mongolian desert drive for charity
A CAR fanatic from East Peckham is set to brave sub--zero temperatures in the Mongolian desert to raise money for charity.
Grand Forks Herald reporter Marilyn gets her desserts
Except for a few nomads in Outer Mongolia, everybody now knows that 85-year-old Marilyn Hagerty has spent decades living on the edge as the “Eat Beat” reporter for the Grand Forks Herald.
Students gear up for 10,000-mile charity road trip
SIX Cambridge University students are gearing up for the road trip of a lifetime, which will see them traverse mountains and cross the desert to reach their final destination of Mongolia.
Development Bank of Mongolia prices maiden bond issue
The Development Bank of Mongolia (DBM) on March 14 priced its inaugural international bond offering amounting to USD580 million, providing investors with further diversification into new asset class.
Mongolia: Hunting With Golden Eagles
MANILA, Philippines — I never imagined I’ll hear mass and receive holy communion 10,000 feet up the Altai Nuur mountains.
General Prosecutor Office made a statement
General Prosecutor’s Office made a statement. “During the investigation process was confirmed that police have used a gun four people have killed while dispersed demonstration on July 1, 2008.
Centerra Gold Announces Board and Management Changes
The Board of Directors of Centerra Gold Inc. CA:CG +0.84% announces today the following changes at the Company:
EXTERNAL TRADE
Ulaanbaatar, Mongolia /MONTSAME/ In the first two months of this year, Mongolia's total external trade turnover reached USD 1,469.3 million when 103 countries were traded with.
GENERAL GOV'T BUDGET HAS DEFICIT
Ulaanbaatar, Mongolia /MONTSAME/ In the first two months of 2012, total revenue and grants of the General Government Budget (GGB) amounted to MNT 674.8 billion, total expenditure and net lending--to MNT 682.1 billion, representing a deficit of 7.3 billion in the equilibrated balance of GGB.
BANK OF MONGOLIA REPORTS
Ulaanbaatar, Mongolia /MONTSAME/ According to a report of the Bank of Mongolia, a money supply (broad money or M2) at the end of February 2012 reached MNT 6,238.4 billion, increasing 90.9 billion or 1.5 per cent against the previous month, and increasing 1,370.9 billion or 28.2 per cent against the previous year.
AMBASSADOR OF REPUBLIC OF KOREA PRESENT CREDENTIALS
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Mongolia Mr. Lee Tae-ro presented on Wednesday his letter of credence to the State Head Ts.Elbegdorj.
DP FACTION URGES PM TO IMPLEMENT ELECTIONS LAWS
Ulaanbaatar, Mongolia /MONTSAME/ The faction of the Democratic Party (DP) demands that the Prime Minister S.Batbold realize the laws on parliamentary and local elections.
FOREIGN REPORTER AWARDED
Ulaanbaatar, Mongolia /MONTSAME/ The "Polar Star" Order has been bestowed upon a citizen of Finland Ms. Halash Helena Iriya, a reporter of the Deutsche Welle agency.
INT'L FORUM TO RUN ON SOCIAL AND FINANCIAL EDUCATION FOR YOUTHS
Ulaanbaatar, Mongolia /MONTSAME/ Mongolia will host for the first time the International Forum of Social and Financial Education for Children and Youths on March 21 this year.
ABOUT THIS YEAR'S SOWING WORK
Ulaanbaatar, Mongolia /MONTSAME/ This year's sowing works are expected to start in May.
CH.SAIKHANBILEG: DP IS READY FOR LOCAL ELECTION
Ulaanbaatar, Mongolia /MONTSAME/ The State Great Khural has exhausted all its possibilities to solve the problem--whether to run the parliamentary and the local elections the same day.
RUSSIANS CREATING NEW TECHNOLOGY TO PRODUCE FUELS
Ulaanbaatar, Mongolia /MONTSAME/ Scholars from Siberia-based institutes at the Academy of Sciences of Russia are working out a new technology for producing two kinds of fuels-coal gas and smokeless coal, at an order of Mongolian side.
PENSIONS AUGMENTED
Ulaanbaatar, Mongolia /MONTSAME/ Pensioners will take now augmented by MNT 35 thousand pensions calcuated from the first of February of this year.
PREMIER RECEIVES PRESIDENT OF MITSUI COMPANY
Ulaanbaatar, Mongolia /MONTSAME/ The president and CEO of the Mitsui & Co., Ltd Mr. Masami Iijima has emphasized that the biggest investors and producers of Japan are attaching a great importance to the official visit of Mongolia's PM to Japan, and that they are satisfied with a laying of a basis to activate the Economic and Partnership Agreement (EPA).
FINANCE MINISTRY ESTABLISHES MEMORANDUM WITH JBIC
Ulaanbaatar, Mongolia /MONTSAME/ The Mongolian Ministry of Finance and the Japan Bank for International Cooperation (JBIC) have established a mutual understanding memorandum on launching a financial cooperation.
PRIME MINISTERS HOLD OFFICIAL TALKS
Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister of Mongolia S.Batbold held on Monday official talks with his Japanese counterpart Mr. Yoshihiko Noda in Tokyo, Japan.
TRIAL COLLAPCED TO HEAR ACCUSED OF SHOOTING PEOPLE
Ulaanbaatar, Mongolia /MONTSAME/ A long-awaited hearing of the case involving the high police officials collapced on Wednesday.
T.JANABAZAR PRESENTS CREDENTIALS
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to the Lao People's Democratic Republic T.Janabazar presented on Tuesday his diplomatic credentials to the Lao President Choummaly Sayasone.
ALLOWANCE FROM SOCIAL WELFARE FUND INCREASES
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet made on Friday a decision to increase the allowances granted from the social welfare fund to MNT 70 thousand from February 1 and to 103 thousand 600 from May 1, 2012.
STATE SERVANTS' SALARIES INCREASE
Ulaanbaatar, Mongolia /MONTSAME/ At its regular meeting held on Friday, the cabinet approved the salary network of state servants' posts and a minimum size of salaries.
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ The regular cabinet meeting held on Friday discussed a draft amendment to the law on government of Mongolia initiated by the State Head.
S KOREA BIDDING FOR AT LEAST 10% STAKE IN TAVAN TOLGOI COAL PROJECT -KORES CEO
The South Korean companies involved in a consortium seeking a stake in Mongolia’s massive Tavan Tolgoi coal mine project want at least a 10% stake in the project, as state-run Korea Resources Corp. aims to expand the scope of its investments in overseas assets, the company’s chief executive said Friday.
IMF CONFIRMS CLOSING OFFICES IN MONGOLIA, LEBANON AND G-20 MEMBER ARGENTINA
Last year, Moreno filed a motion in court against the IMF, for which judge Alejandro Catania asked the organization to describe the methodology used to calculate the rate of increase of the price index, which was denied by the IMF staff after claiming diplomatic immunity.
Four Redlands friends to take on the Mongol Rally for charity
Team Mustache Ride is composed of four friends from Redlands who will set out on a hairy summer adventure to participate in the Mongol Rally.
Mongolian Consulate General opens in Osaka
The Prime Minister has participated in the opening ceremony of the Mongolian Consulate General in Osaka, which marks 40 years of diplomatic relations between Mongolia and Japan.
Kincora Copper to acquire 100% of Golden Grouse, expands footprint in Mongolia
Kincora Copper ( CVE:KCC ) said Thursday that it has agreed to acquire 100 percent of Golden Grouse, a subsidiary of Temujin Mining Corp. Golden Grouse is a Mongolian company that holds mineral exploration licenses 15075X and 15076X, which adjoin Kincora's Bronze Fox project in Mongolia.
Searching for motivation Amongst the Mongolian youth
Do you think Mongolia is developing? In the economic sense the country certainly is developing.
Does Mongolia and the History of Genghis Khan and His Descendants Represent an Apocalyptic Sign of the Last Days in the Presence of the Great Mahdi?
“Almighty (God)! By the glorious Qur’an! Nay, they wonder that a warner has come to them from among themselves; so the disbelievers say: This is a wonderful thing!
Mongolia's Growing Aussie Demographic
It's a long way from Sydney's golden beaches, where you can surf all year round, to Ulaanbaartar in Mongolia, where the average annual temperature is 0°C, but this hasn't deterred Australia's largest law firm from planting its flag there.
Origo Partners PLC : Investee Company Update
Origo Partners Plc ("Origo") is pleased to announce that its portfolio company Kincora Copper ("Kincora" or the "Company"), has reached an agreement in principle with Forbes & Manhattan Inc. ("F&M") to acquire mineral exploration licences adjoining its Bronze Fox project in Mongolia.
Global miners to stay in the game despite rule changes
TORONTO/MELBOURNE (Reuters) - Indonesia's decision to shut the door on foreign control of its mines has gone down badly with global miners but none are yet threatening to quit the country: the truth is, they no longer have any easy investment destinations to turn to.
The goose is loose
Ornithologists and birdwatchers rejoice: Bar-headed Geese will be making their way back to the Mongolia soon.
Leap Year’s apartment prices kept secret
Leap year’s Tsagaan Sar has given our politicians a great opportunity to intensify their election publicity. The Government of Mongolia greeted the year of the Water Dragon with all kinds of promises, awards and prizes and the top government officials were competing with the colors of their deels and large sizes of their snuff bottles.
ABOUT FORUM OF STUDENTS FOR DEVELOPMENT OF MONGOLIA
UNDER AUSPICES OF S.TOMOR-OCHIR, THE RECTOR OF MONGOLIA'S STATE UNIVERSITY (MSU), THE 2ND FORUM "PARTICIPATION OF STUDENTS IN DEVELOPMENT OF MONGOLIA" RAN ON MARCH 12 IN THE MINISTRY OF FOREIGN AFFAIRS.
Son of Revolutionary tells family tale
This is an interview with Ulzi-khishig, the son of D. Losol – one of the seven Mongolian National Revolutionaries.
Japan eyes Mongolia in Asian ‘super grid’ plans
One year after an earthquake and tsunami triggered nuclear disaster in Fukushima – and a nuclear rethink in Tokyo – a Japanese renewables advisory group has come up with a radical plan that would allow the country to import electricity from neighbouring countries.
Ivanhoe Energy reports 2011 financial results
CALGARY, March 15, 2012 /PRNewswire via COMTEX/ -- Year of exploration sets the stage for progress in 2012.
GoConnect establishes media partnership in Mongolia
GoConnect’s (ASX: GCN) has entered an agreement to establish a media partnership in Mongolia for internet protocol television (IPTV) and WiFi.
Asian Supergrid to Connect Japan, China, Russia, Korea, and Mongolia
The Desertec Foundation has entered into a memorandum of understanding with the Japan Renewable Energy Foundation (JREF) to plan, promote, and implement an Asian supergrid which will be vital for the expansion of renewable energy in the continent.
Mongolian Ambassador Commemorates Anniversary
A silver anniversary has arrived for the United States and Mongolia and their diplomatic relations.
"SAVING ENERGY IN MONGOLIA" CONFERENCE RUNS
EXPERTS FROM GERMANY, INDIA, INDONESIA, CHINA, PAKISTAN AND THE UNITED NATIONS ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC (ESCAP) SHARED EXPERIENCE IN SAVING OF ENERGY AT INTERNATIONAL CONFERENCE "SAVING ENERGIES--ISSUE ON STRATEGY OF MONGOLIA" ON WEDNESDAY.
Mongolia beckons BNP Paribas Security Services
BNP Paribas Securities Services anticipates a burst of new business in Mongolia as asset managers attempt to tap into its commodities growth story.
MiningWatch Canada/Centerra Gold Inc. Flouting Mongolia's Environmental Protection Laws: Organizations File Complaint with Canadian Government
OTTAWA, ONTARIO, Mar 14, 2012 (MARKETWIRE via COMTEX) -- A consortium of Canadian and Mongolian organisations has filed a complaint with the Canadian government over apparent violations of Mongolian law and international corporate responsibility guidelines by Centerra Gold Inc. in its Mongolian operations.
Kincora Copper to acquire 100% of Golden Grouse, expands footprint in Mongolia
Kincora Copper ( CVE:KCC ) said Thursday that it has agreed to acquire 100 percent of Golden Grouse, a subsidiary of Temujin Mining Corp.
Mongolian desert drive for charity
A CAR fanatic from East Peckham is set to brave sub--zero temperatures in the Mongolian desert to raise money for charity.
Mount Olive High graduate killed in Mongolia
MOUNT OLIVE TWP. – John Martin Keane, the 1985Mount Olive High Schoolgraduate who had been missing in Mongolia since January, has been murdered and a woman he had befriended has admitted to the killing.
Investing in Mongolia: Is It Time to Buy the World's Fastest Growing Economy?
Martin Hutchinson writes: It is the world's fastest growing economy. It also may be the world's best kept secret.
A MONGOLIAN ENERGY POWER PLAY
VALENTINE'S DAY 2012 FOR ME WAS A SEVEN HOUR ROAD TRIP TO VISIT THE CHANDGANA SITE OF PROPHECY COAL (PRPCF.PK) WHERE THEY INTEND TO MINE THERMAL COAL AND BUILD TWO POWER PLANTS OVER THE NEXT DECADE.
INVESTING IN MONGOLIA: IS IT TIME TO BUY THE WORLD'S FASTEST GROWING ECONOMY?
MARTIN HUTCHINSON WRITES: IT IS THE WORLD'S FASTEST GROWING ECONOMY.
Mongolia sends 130 soldiers to Afghanistan
Ulan Bator—About 130 Mongolian soldiers have been flown to Afghanistan for a peacekeeping mission, local media reported Thursday.
Confederation of Mongolian Trade Unions calls for people to unite against rising prices
The Confederation of Mongolian Trade Unions (CMTU) has announced a proposal to combat rising meat prices.
Korea Resources says to invest $532 mln in overseas projects
* KORES looking to acquire coal mine stakes in Indonesia , N.America * In talks with Mongolia, Russia over Tavan Tolgoi stake
MONGOLIA’S OYU TOLGOI TO START COPPER AND GOLD PRODUCTION IN LATE 2012
AS CHILE IS HIT BY FALLING ORE GRADES AND PERU IS HIT BY DELAYS DUE TO POPULIST AGITATION, THE COPPER MARKET IS PINNING A LOT ON THE START OF COPPER PRODUCTION LATER THIS YEAR AT RIO AND IVANHOE’S OYU TOLGOI MINE IN SOUTHERN MONGOLIA’S GOBI DESERT.
Are Gardasil shots really the answer?
The Government of Mongolia has a national cervical cancer strategy, which includes increasing and improving the quality of cervical cancer screening, treatment and prevention.
Asian volleyball delegations arrive in Mongolia
Representatives from competing countries announced that preparation for the second Asian Female Students’ Volleyball Championship is 65% complete at a press conference on Saturday.
Development Bank of Mongolia Said to Market Bonds at 6% - 6.25%
The Development Bank of Mongolia LLC is marketing a sale of U.S. dollar bonds to yield about 6 percent to 6.25 percent, according to a person familiar with the matter.
Japan, Mongolia To Negotiate Trade Treaty
A statement, following a meeting in Tokyo on March 12 between the Mongolian Prime Minister Sukhbaatar Batbold and his Japanese counterpart Yoshihiko Noda, confirmed that the two countries will enter into negotiations for an Economic Partnership Agreement (EPA) as soon as possible.
The uniting of Mongolian nationals could create a wonderful future
An interview with N.Jantsannorov two-time State Honored Artist and People's Artist of Mongolia, translated from the "Daily News" newspaper.
Rapidly Growing Mongolia Hopes to Avoid Overheating
TOKYO—Mongolian Prime Minister Sukhbaatar Batbold said a tight monetary policy and budget discipline will check the rate of inflation and prevent Mongolia's economy, one of the world's fastest-growing, from overheating.
Signs memorandum in banking sector
Prime Minister S.Batbold’s official visit to Japan continues. Yesterday, March 12, 2012 held signing ceremony of Memorandum between Development Bank of Mongolia and Sumitomo Mitsui Banking Corporation of Japan.
J.Otgontsagaan elected as commission member of IOC
J.Otgontsagaan,general secretary of Mongolian Olympic Committee has elected as member of Sport and Environment Commission of International Olympic Committee.
Mongolians shows very much interest for apartment loan
Mongolian Government announced low percent apartment loan. Citizens who first time ever buying apartment can get Tg50 million loan with 6 percent per months up to 20 years.
Mitsui will buy Tavantolgoi coal
Prime Minister S.Batbold met with M.Ijima, President of Mitsui company yesterday.
CIRCUS ARTISTS WIN GOLDEN ELEPHANT
Ulaanbaatar, Mongolia /MONTSAME/ A Mongolian circus team won the Golden Elephant cup of the International Circus Festival of Figueres took place on March 1-4 in Figueres city, Spain.
MINE-GOLIA: A YOUNG DEMOCRACY SEEKS INVESTORS
Mongolia has vast and largely untapped mineral deposits of copper, gold and coal, but until recently, has remained largely impoverished.
LIVE BIRTHS INCREASE
Ulaanbaatar, Mongolia /MONTSAME/ In the first two months of this year, 11,579 mothers delivered 11,631 children in live births, showing an increase by 1,320 mothers or 12.9 per cent, and by 1,338 children or 13.0 per cent against the previous year.
US COMPILES LIST OF COUNTRIES WITH MONEY LAUNDERING RISK
The US Department of State has compiled a new list of countries which pose a significant risk of money laundering and processing of profits from serious crimes and drug trafficking, showing that financial institutions in major economies such as the UK, the USA and Germany are all likely to see significant amounts of money laundering activity.
Inch-long fleas dig into the history books
Discovering fleas over an inch long might make most people’s skin crawl, but that’s not the case for Dr. Michael Engel , professor of entomology at the University.
Home is where the art is
JENNI Mitchell has always loved desert landscapes – in fact, her relationship with fellow artist Mervyn Hannan bloomed when the pair were in the Flinders Ranges 17 years ago.
Development Bank to issue USD 200 million in domestic bonds
D.KHAYANKHIRVAA, THE MINISTER OF FINANCE ANNOUNCED THE DEVELOPMENT BANK’S PLAN TO ISSUE USD 200 MILLION WORTH OF DOMESTIC BONDS AND USD 50 MILLION WORTH OF FOREIGN BONDS AT A PRESS CONFERENCE ON MARCH 9TH.
Softbank to set up research firm for renewable energy projects in Mongolia
TOKYO (Kyodo) -- Softbank Corp. said Monday it will form a research firm in Mongolia in April with Mongolian investment firm Newcom Group to promote wind and solar power generation projects in the country.
Moody's Disclosures on Credit Ratings of Mongolia, Government of
Singapore, March 13, 2012 -- The following release represents Moody's Investors Service's summary credit opinion on Mongolia, Government of and includes certain regulatory disclosures regarding its ratings.
Japanese group hopes Mongolia can act as Desertec of Asia
The Japan Renewable Energy Foundation (JREF), set up last year following the Fukushima nuclear disaster, is pushing for changes to Japanese law that will allow the country to import electricity from abroad.
MONGOLIAN CURRENT BUSINESS AND ECONOMIC GIANTS: THEIR INFLUENCE
MONGOLIA TOOK A GIANT STEP FORWARD IN TERMS OF POLITICAL REFORM IN 1990 – DUE TO THE MONGOLIAN DEMOCRATIC UNION’S HUNGER STRIKE, MONGOLIA HAS SEEN A RATHER SUDDEN CHANGE OF ECONOMIC SYSTEM AND INFRASTRUCTURE SINCE 1990 WHEN THE NATION MADE A GENERALLY PEACEFUL TRANSITION FROM A COMMUNIST STATE TO A FREE MARKET STATE.
Clydes Targets Mongolian Market With Alliance Agreement
Clyde & Co has become the latest firm to enter the Mongolian legal market, establishing an association with local law firm Khan Lex Advocates.
Mainichi scoop on Mongolia's nuclear plans highlights problems in dealing with waste
Coverage on a secret document detailing an international nuclear waste disposal site that Japan and the United States had planned to build in Mongolia, for which I won the Vaughan-Ueda Memorial Prize for 2011, has highlighted the difficulties in dealing with radioactive waste.
Cervello Capital presents promising junior companies: Oremex Silver, Oremex Gold, Llave Oro, Mogul V
Toronto-based boutique merchant bank Cervello Capital Inc. hosted a luncheon presentation last Monday and Tuesday that highlighted a number of promising junior resource plays, with a scope that extends from the Americas to Central Asia.
Globalization Through the Eyes of a Nomad
I recently had the opportunity to speak at length with one of Mongolia’s greatest historians, Professor Shagdaryn Bira, an academic scholar recognized as a State Hero for his lifetime achievement in the preservation of knowledge.
Softbank to Conduct Study on Wind Power Generation in Mongolia
Softbank Corp. said Monday it will launch a feasibility study on wind power generation in Mongolia's Gobi Desert.
Rising Chinese political stars step out in parliament
BEIJING: With his easy laugh, undyed hair and casual style, Hu Chunhua is not one of your average Chinese leaders, who are better known for their rigid and dull uniformity.
Khan Resources hits hurdle in ARMZ litigation
(Reuters) - Canada's Khan Resources said an Ontario court upheld an appeal from Russian uranium miner Atomredmetzoloto JSC (ARMZ), wherein Khan and its affiliates will not be able to proceed in Ontario with their C$300 million lawsuit.
Mongolian Mining Corp.: A High Profit Margin Play With Room To Grow
Mongolia is a small country rich in natural resources. When it comes to coal, the country is ranked fairly high among coal producers, with estimated coal deposits of up to 152 billion tonnes.
Clydes signs alliance with Mongolia's Khan Lex Advocates
Clydes has been gradually building up a client base in mineral-rich Mongolia and Mongolian-qualified lawyer Khandsuren Khuu has been working out of the firm’s London office since June 2008.
Probe mysterious death of Pinay domestic helper in Mongolia, relatives urge govt
MANILA – Terril Atienza, 34, left the Philippines with high hopes that in working abroad, she could give her four children a better life. Her subsequent travails dashed her hopes.
Resource Investors to Watch Mongolian Parliamentary Elections
Vancouver-based Ivanhoe Mines (NYSE: IVN ), now majority owned by Rio Tin to (NYSE: RIO ), recently announced that initial production will commence during the third quarter of this year at its Oyu Tolgoi or “Turquoise Hill” copper - gold mine in Southern Mongolia’s Gobi desert.
Japan, Mongolia to launch FTA talks
TOKYO (Kyodo) -- Japan and Mongolia are expected to agree to launch negotiations on a bilateral free trade agreement when their leaders meet Monday, as the two countries mark this year the 40th anniversary of the establishment of diplomatic ties.
Jeju should add 2 more ’plenties’ to its traditional 3, says scholar
Jeju is known for its three plenties — stone, wind, and women. Yet, Jeju Culture Research Institution President Kim Yoo Jeong posits a novel idea.
S.Batbold attends in memorial ceremony In Tokyo
Prime Minister S.Batbold yesterday started his visit to Japan as the two countries mark the 40th anniversary of the establishment of bilateral diplomatic relations.
Twenty rural Mongolian women shares they views In New York
Mongolian rural women first time attend the UN special session. By the Mongolian government’s initiative UN declared 2012 as International Year of Cooperatives.
Special session ends
The special session of Parliament ended on Friday, March 9, 2012. Four days special session not fulfil main aim to do amendment to the Local election law.
Democratic Union’s Woman’s forum starts
Mongolian Democratic Union’s Woman’s forum started today at the State Palace. “Mongolian woman have had a important role in 1990s democratic movement.
Optimism Grows After Talks On North Korea
NEW YORK (CNN) -- Representatives from the six nations engaged in the effort to denuclearize of the Korean peninsula, wrapped up two days of meetings in New York on Friday with no breakthroughs on dividing issues, but with momentum on moving forward, organizers of the conference said.
Motorbike ride to Mongolia to aid prostate cancer charity
A MOTORCYCLIST is embarking on a 40,000 kilometre charity bike ride from York to Mongolia in a bid to raise cash for sufferers of the cancer that turned his friend’s life upside down.
MINER&SUPPLIERS FORUM APPROACHES
Ulaanbaatar, Mongolia /MONTSAME/ The "Miner&Supplier 2012" forum will run March 15-16 in the Chingis Khaan hotel in the UB city.
PREMIER STARTS OFFICIAL VISIT TO JAPAN
Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold started on Sunday an official visit to Japan at invitation of his Japanese counterpart Mr. Yoshihiko Noda.
PM GIVES INTERVIEWS TO JAPAN MEDIA
Ulaanbaatar, Mongolia /MONTSAME/ In Japan with the official visit, the Prime Minister S.Batbold has given interviews to the NHK television, the Nikkei and Mainichi newspapers.
City Lights: Tea Partiers, Occupiers have more in common than they know
Tea Party supporters and Occupy Wall Street protesters are unlikely ever to admit it, but they are probably fighting the same battle.
Italian luxury brand striking roots in Asia
Business development director for Coccinelle, Antonio Sottile, told BusinessWorld that it will soon open a mono-brand store in the country, recognizing it as an attractive market.
Prophecy Coal closes $10 mln private placement financing
Coal miner Prophecy Coal ( TSE:PCY ) said after markets closed Thursday that it closed a previously announced $10.06 million non-brokered private placement financing.
Wind Energy Generation in Gobi Desert
Softbank Corp. said it will tie up with Mongolian investment firm Newcom Group and Korea Electric Power Corp. in order to start a wind power generation project in the Gobi Desert in Mongolia.
Modun Resources eying more coal assets in Mongolia
Modun Resources has been reinstated to the ASX on the news that the company will acquire a large, pre production coal project in the South Gobi Coking Coal District, Mongolia.
Mongolia Coal IPO likely to delay to September
Erdenes Tavan Tolgoi, the Mongolian coal miner planning a USD 3 billion initial public offering, said it delayed the foreign part of the deal by at least two months to September to help win listings in London and Hong Kong.
WRESTLERS TO COMPETE IN IRAN
Ulaanbaatar, Mongolia /MONTSAME/ Wrestlers of the national selected team will compete in the World Cup tournament named after Taht to run on March 8-12 in Teheran, Iran.
TS.BATCHULUUN SATISFIES CONDITION FOR GRANDMASTER
Ulaanbaatar, Mongolia /MONTSAME/ A chess player of Mongolia Ts.Batchuluun has satisfied a condition to become a Grandmaster by achieving 2,503 points after an updated ratings of the World Chess Federation (FIDE).
STATE PRIZES AWARDED
Ulaanbaatar, Mongolia /MONTSAME/ On the eve of the March 8, the Women's Day, the President issued a decree on awarding the foremost women who have achieved great successes in duties and work in education, culture, arts, industry and service spheres.
LEADERS MEET STATE SERVANT WOMEN
Ulaanbaatar, Mongolia /MONTSAME/ On the International Women's Day celebrated on Thursday, the Parliament Speaker D.Demberel, the PM S.Batbold and a head of the Presidential Office D.Battulga met some women-state servants and congratulated on the March 8.
PRESIDENT'S ADVISOR TO ATTEND INT'L CONFERENCE
Ulaanbaatar, Mongolia /MONTSAME/ A senior advisor to the State Head P.Tsagaan left on Thursday for Japan to take part in an international conference themed "New tendencies of renewable energies".
PRESIDENT ADDRESSES FORUM OF "GLORIOUS" MOTHERS
Ulaanbaatar, Mongolia /MONTSAME/ On occasion of the International Women's Day, the President Ts.Elbegdorj has addressed the 6th annual forum of the Mothers with "Glorious Mother" Orders.
MINE-GOLIA: A YOUNG DEMOCRACY SEEKS INVESTORS
Mongolia has vast and largely untapped mineral deposits of copper, gold and coal, but until recently, has remained largely impoverished.
Centerra Gold Expects To Have A Busy 2012 -- President & CEO
Toronto (Kitco News)–Centerra Gold Inc.’s (TSX:CG) president and chief executive officer, Stephen Lang, expects 2012 to be a busy year for the Canadian-based gold mining company.
International Women's Day: World celebrates; we get Google Doodle
International Women's Day is today. How are you observing it, aside from perhaps noting the Google Doodle set up in its honor?
Lightweight dinosaur probably enjoyed a huge last meal
A lightweight Velociraptor dinosaur may have chowed down on the carcass of a much larger flying reptile not long before meeting his own demise some 75 million years ago.
Khan Files First Quarter 2012 Financial Results
TORONTO, ONTARIO — Khan Resources Inc. (TSX:KRI) ("Khan" or "the Company") announced today that it has filed its financial statements and management's discussion and analysis for the three months ended December 31, 2011 on SEDAR and has posted these documents to its website www.khanresources.com.
IVANHOE MINES REPORTS CONSTRUCTION OF FIRST PHASE OF OYU TOLGOI COPPER-GOLD-SILVER PROJECT IN MONGOL
Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) founder and Chief Executive Officer Robert Friedland said today that construction of the first phase of the Oyu Tolgoi mining complex in southern Mongolia has surpassed an estimated 73% completion and is on track to meet the mine's targeted start of initial production in the third quarter of this year.
Khan frowns on Macusani-Southern Andes tie-up
TORONTO (miningweekly.com) – Canada’s Khan Resources, which owns 14.4% of Macusani Yellowcake, said on Friday it will vote against the company’s proposed merger with Southern Andes Energy.
Meeting Concerns of Indigenous Folk
MANILA, Philippines — About a half a century ago, on June 18, 1964, two major landmark legislation were passed by Congress – RA 3872 amending the Public Land Act and RA 3985 amending the Pasture Land Act – providing that lands actually occupied by members of the Cultural Minorities (IPs) since July 4, 1945, by themselves or through their predecessors in interest, belong to them.
Optimism after low-level talks on North Korea
NEW YORK (CNN) - Representatives from the six nations engaged in the effort to denuclearize of the Korean peninsula, wrapped up two days of meetings in New York on Friday with no breakthroughs on dividing issues, but with momentum on moving forward, organizers of the conference said.
ITB Berlin presents opening report
The 46th ITB Berlin, which takes place from March 7-11, 2012, is a more political event than ever before: the European debt crisis, turmoil in the Arab countries, climate protection and sustainability, as well as EU emissions trading.
Home is where the ‘yurt’ is
On arriving at the small international airport on the snowy outskirts of Ulaanbaatar, capital city of Mongolia, I had my Saturday afternoon and evening well planned.
Prophecy Coal closes $10 mln private placement financing
Coal miner Prophecy Coal (TSE:PCY) said after markets closed Thursday that it closed a previously announced $10.06 million non-brokered private placement financing.
UTM Announces Winter Work Program Progress Report
ULAANBAATAR, MONGOLIA, Mar 09, 2012 (MARKETWIRE via COMTEX) -- Undur Tolgoi Minerals Inc. ("UTM" or the "Company")(cnsx:UTM) is pleased to report that its previously announced winter work program is well underway.
Dinosaur Guts Reveal Velociraptor's Last Meal
A lightweight Velociraptor dinosaur may have chowed down on the carcass of a much larger flying reptile not long before meeting his own demise some 75 million years ago.
Mongolian parliament speaker touts green economy
Mongolia should develop a green economy by using its vast pastures, parliament speaker Damdin Demberel said Tuesday.
Denison Mines widens loss during fourth-quarter, reports lower revenues
TORONTO - Uranium company Denison Mines Ltd. has reported a much wider net loss during the fourth quarter compared to a year earlier.
Mongolians celebrates International Woman’s day
Mongolia celebrated International Woman’s day on March 8.
Court sent order to top officials on July 1 case
Court case related to the police officials who give an order to use gun on July 1, 2008 scheduled on March 14.
Package law adopts
Parliament adopted a package of law which presented by the President of Mongolia on March 7.
PDAC 2012: Rising taxes is one certainty for miners
When Kinross Gold Corp. announced in December that it agreed to pay a 70% windfall profits tax in Ecuador, industry onlookers responded with some variation of the same phrase: “Kinross did what??”
Mongolia To Build Its First Wind Farm
Mongolia is an East Asian country about the size of Alaska, with vast potential for wind energy due to the large unpopulated plains that make up most of the land, and the wind corridor of the Gobi desert.
Gender Equity Index 2012:Mongolia 81 score
The achievements made by women all over the world towards equity in education are still very far from making an impact on their having a fair share in the economy or in political power.
Mongolian politics pushes stake sale of massive coal mine further out
Mongolia’s plans, first mooted in 2010, to sell a stake in its Erdenes Tavan Tolgoi coal-mining company to the public faces more delays over politics and regulatory problems while talks with companies to developed the western block of the largest coking coal deposit on the globe are also on ice.
Ivanhoe Australia turns into nice little earner earlier than scheduled, still on the chopping block
Billionaire Robert Friedland announced on Thursday Ivanhoe Australia has started production of copper and gold concentrate at its Osborne processing facilities in northwestern Queensland in Australia.
Snowden assists Mongolia to develop an internationally recognised mineral reserve and resource classification system
Mongolia saw the requirement for the establishment and implementation of a public reporting code for exploration results, mineral resources and ore reserves, in line with other globally recognised codes, to adequately compete on an international scale in the mining and resources industry.
The State of the World: Assessing China’s Strategy
Simply put, China has three core strategic interests.
Mongolian economy to continue fast growth in coming years
Prime Minister Sukhbaatar Batbold said Monday that Mongolia's economy will continue to grow fast in the coming years after expanding 17.3% in Y 2011 boosted by the booming mining industry.
“Through Women’s Eyes” Annual Forum: A Human Rights-Based Approach to Gender
MONFEMNET was established in 2000 as a network of women’s NGOs and civil society organizations dedicated to human development and women’s rights within the country.
Supersized cowboys: Sumo wrestlers shake up the Rodeo, browse Pinto Ranch & prepare for rare U.S. match
"Y'all do spurs in Mongolia?" Pinto Ranch owner Walter Pye asked Byamba , walking the celebrated sumo wrestler to a large display in the store's luxury tack section.
Today I'd go ... to Mongolia
Every Thursday I like to write about a place I'd love to go, usually in my dreams because in real life I don't have the time or the money.
Outer Mongolia Declares independence (history)
Readers of pulp fiction sought escape, romance, and adventure, and the authors who wrote for the magazines of the 1930s and 1940s never hesitated to provide all they could by way of exotic locations, exciting plots, and the thrill of danger.
Huge Mongolian mining float delayed
The public listing of Erdenes Tavan Tolgoi, the huge Mongolian coking coal mine that was due to list in London, Hong Kong and Ulan Bator by this spring, has been delayed by at least six months because of regulatory hurdles and political deadlock as Mongolia’s parliamentary elections approach.
Special session starts
Special session of Parliament of Mongolia starts today, March 5, 2012 started.
Bread price up by Tg100
“Talkh chikher” (Bread&Candy) company one of biggest bread produser has raised price of bread since March 3.
Prime Minister will visit Japan
Prime Minister S.Batbold will visit Japan on March 11-15 by invitation Government of Japan.
Draft law on Local representative election delays
Standing committee on State Structure today planned to discuss amendments to the Local election law but delayed.
Stocked meat price will go up
Before Lunar New Year City Administration sold some amount of stocked meat by cheaper price.
Held discussion on Third Neighbour policy
Today, March 6, 2012 held a discussion on Third Neighbour organized by Strategical Survey Institute.
Economist suggests to establish Agency against poverty
Economist N.Dashzeveg expressed his feeling on Mongolian Economic Forum which held on March 5-6.
Salary and pension increases
Today’s plenary session of parliament approved amendments to the Budget law for 2012 and Law on Social insurance fund.
AMBASSADOR S.BADRAL ATTENDS BOARD MEETING OF CD
Ulaanbaatar, Mongolia, /MONTSAME/ The Ambassador-at-Large to the Community of Democracies (CD) S.Badral participated in a special meeting themed “Internet Freedom” on February 29 in Geneva, Switzerland, in frames of the 19th Regular Session of the Human Rights Council.
MONGOLIA APPRECIATES DECISION OF NORTH KOREA
Ulaanbaatar, Mongolia /MONTSAME/ A spokesman of the Ministry of Foreign Affairs of Mongolia said on Monday that Mongolia has highly spoken decisions of the Democratic People's Republic of Korea to suspend missile testing and the uranium enrichment program and to let the IAEA experts work in the DPRK.
SUCCESS OF MONGOLIAN HAIRDRESSERS AT ASIAN CONTEST
Ulaanbaatar, Mongolia /MONTSAME/ A team of hairdressers led by D.Odongoo from the "Vidal" salon won a bronze medal in the Asia Cup Open championship for hairstyle.
THE BEST ATHLETE FOR FEBRUARY TO BE SELECTED
Ulaanbaatar, Mongolia /MONTSAME/ The Mongolian National Olympic Committee (MonNOC) has announced names of the candidates who are competing for the best athlete for February.
Dinosaur fossil: Even specialized predators didn't turn down free meals
Scientists have discovered a bone from a pterosaur (giant flying reptile or 'pterodactyl') in the guts of the skeletal remains of a Velociraptor (small predatory theropod dinosaur) that lived in the Gobi Desert in Mongolia some 75 million years ago.
Dinosaur, fossil experts gather at Paleo 2012
Did dome-headed dinos butt heads? Can you tell one duck-billed dinosaur from another solely by skin impressions preserved in rock?
POSCO : [Jemisen kim`s Beyond Global Business Manners!] Mongolians are schooled in tough negotiation tactics
- (Mongolia - the country with the deep blue sky )
Mongolia’s Mining Wealth Should Not Limit School Opportunities
Mongolia is using its newly exploited mineral wealth to reform its social services.
FOREIGNERS DEPORTED
Ulaanbaatar, Mongolia /MONTSAME/ The Office of Immigration, Naturalization and Foreign Citizens (OINFC) reports that 86 foreigners from six countries were deported from Mongolia in February.
MONGOLIA ECONOMIC FORUM CONTINUING
Ulaanbaatar, Mongolia /MONTSAME/ The Mongolia Economic Forum (MEF) annual meeting is running in the Government House under a motto "Together for Development".
MPP FACTION: TWO ELECTIONS IN ONE DAY ARE NOT POSSIBLE"
Ulaanbaatar, Mongolia /MONTSAME/ The faction of the Mongolian People's Party (MPP) discussed a draft law on local election and then decided to keep its previous position not to run the parliamentary and the local elections at the same time.
DP FACTION:" PAY RISE? WE ARE NOT GUILTY"
Ulaanbaatar, Mongolia /MONTSAME/ At a meeting on Monday of the Democratic Party's (DP) faction, the MPs reported on works done in their constituencies.
G.ZANDANSHATAR SENDS LETTER TO HIS COUNTERPART FROM NETHERLANDS
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of foreign affairs of Mongolia G.Zandanshatar has thanked the government and people of the Netherlands for supporting Mongolia's policy on developing the democracy, open society and market economy and for rendering an assistance.
WORLD BANK SUPPORTS PRE-SCHOOL EDUCATION
Ulaanbaatar, Mongolia /MONTSAME/ An agreement on non-refundable aid of USD 10 million has been established between the government of Mongolia and the World Bank (WB).
BARUUNNARAN MINE HAS 193 MILLION TONS OF COAL
Ulaanbaatar, Mongolia /MONTSAME/ It is has been estimated that the Baruunnaran coal mine has 193 million tons coal reserves, the www.gogo.mn website reported on Tuesday.
REGISTRATION AUTHORITY DELEGATES OF RUSSIA VISITING
Ulaanbaatar, Mongolia /MONTSAME/ Delegates of the Registration Authority at Russia's Ministry of Justice have started a visit to Mongolia.
ROADS TO BE CONSTRUCTED IN KHOVD
Ulaanbaatar, Mongolia /MONTSAME/ Paved-roads will be run between Baga ulaan davaa (mountain pass) and Mankhan soum of Khovd aimag (103.3 km) and in localities (20 km).
RESCUERS TO RECEIVE INCENTIVES
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet on Wednesday decided to give money of missions and incentives to rescuers and servicemen of the National Emergency Management Agency (NEMA). The sum of approximately MNT 140 million will be allotted from the reserved fund of the government. At a duplicated number, 2,244 emergency servicemen worked on scenes of natural and non-natural disasters by the last half of 2011. They have saved 475 lives and protected material properties costing MNT 7 billion. B.Khuder
UNFAIR COMPETITION REGULATORY AUTHORITY RULE APPROVED
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet approved on Wednesday a rule of the Unfair Competition Regulatory Authority (UCRA), in accordance with the law on competitiveness. This rule reflects main objectives of the UCRA and rights and responsibilities of its administrative officials. Moreover, this rule shows issues to be considered at meetings. B.Khuder
STANDING COMMITTEE BACKS PRESIDENT'S VETO
Ulaanbaatar, Mongolia /MONTSAME/ At its meeting on Tuesday, the parliamentary Standing committee on justice backed a veto on the clause of 30.1 of the 30th article of the law on regulating public and private interests at the public service and preventing conflicts of interests.
PRESIDENT CONGRATULATES V.V.PUTIN
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj called on Tuesday Mr. V.V.Putin, the Prime Minister of the Russian Federation, and congratulated him on the victory in the Presidential election of Russia.
PARLIAMENT APPROVES BUDGET CLARIFICATION
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, an irregular plenary meeting of the parliamentary session approved draft amendments to the laws on state budget for 2012 and on budget of social insurance fund for 2012.
TS.TOGOO BECOMES STATE SECRETARY OF DEFENSE MINISTRY
Ulaanbaatar, Mongolia /MONTSAME/ A Lieutenant-General Ts.Togoo was appointed as the State Secretary of the Defense Ministry, and B.Lhagva--as a head of the Unfair Competition Regulatory Agency (UCRA) by the cabinet decision on Wednesday.
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet decided on Wednesday to implement projects on supporting social welfare, on improving techniques and facilities of firefighting units of Ulaanbaatar city, and on diagnostic tools for historical and cultural heritage.
WORLD BANK IN MONGOLIA REPORTS
Ulaanbaatar, Mongolia /MONTSAME/ Following a careful review of Mongolia's development opportunities, the World Bank has decided to declare Mongolia creditworthy for its International Bank for Reconstruction and Development (IBRD) lending.
E-GOVERNMENT SURVEY 2012: MONGOLIA-76/190
Progress in online service delivery continues in most countries around the world.
MONGOLIA TO START MARKETING PUBLIC, STATE-BACKED BONDS MARCH 8
The Development Bank of Mongolia LLC, a state-backed lender, will begin meeting with investors this week to offer dollar-denominated bonds in the country’s first public offering of government-guaranteed foreign debt.
MONGOLIA EYES NUCLEAR TIES
Mongolian Prime Minister Sukhbaatar Batbold will visit Japan next week looking to enhance economic and security ties.
GE HIGHLIGHTS NEW COAL GASIFICATION PROJECTS IN CHINA
Two recent GE gasification projects with ChinaCoal Shaanxi Yulin Energy & Chemical Company and Guizhou Jinchi Chemical Company successfully highlight the performance and flexibility of GE’s gasification technology at large-scale coal-to-chemical facilities and according to the group, “underscore the increasing role GE’s gasification technology plays in the expansion of the Chinese economy.”
Velociraptor couldn't resist dead pterosaur for dinner
A new fossil from Mongolia shows that the swift, deadly predator Velociraptor wouldn't pass up a free lunch.
Canadian Embassies Bring Journalists to Mining Convention from Countries Mired in Conflict
OTTAWA, ONTARIO — This week, Canadian taxpayers will cover the costs of eleven journalists from eight Latin American countries - and Mongolia - to attend the Prospectors and Developers Association of Canada's (PDAC) 2012 conference. Most of them will also make paid visits to mine sites in Quebec.
Mongolia’s Tavan Tolgoi Coal Stalled as Politics Overtake Mining
Mongolia’s plans to develop part of the Tavan Tolgoi coal deposit, one of the world’s largest sources of the fuel, have stalled amid political jousting ahead of June parliamentary elections.
Norihiko Kato: The correct distribution of resources does not mean selling it at high prices, but making the right decision for future generations
This is an interview with the CEO of Khan Bank, Norihiko Kato, regarding the future economy and finance of Mongolia. Translated from Udriin Shuudin newspaper.
A day to celebrate the achievements of women and stamp out prejudice
Margaret Thatcher was not the first of her gender to lead a nation.
IDA International to collaborate with Mongolia on eGovt projects
The Government of Mongolia and Singapore strengthened their collaborative relationship on Tuesday with the signing of a Memorandum of Understanding (MOU) between IDA International and the Information, Communications Technology and Post Authority of the Government of Mongolia (ICTPA).
AC2000 SE (Standard Edition) selected to secure world’s largest undeveloped copper-gold project
Last week, CEM Systems, part of Tyco Security Products, announced that Oyu Tolgoi Copper and Gold mine, Mongolia, has selected AC2000 SE to secure premises in the South Gobi region of the country.
S&P Rates DBM's Inaugural Issue Of U.S. Dollar Notes 'BB-'
(The following was released by the rating agency)
Taiwan Power face Mongolian debutant
Kuala Lumpur: The official draw for the AFC President’s Cup 2012 Group Stage (Qualification) was conducted at AFC House on Tuesday with defending champions Taiwan Power Company slotted into Group A along with a debuting club from Mongolia.
WOMEN’S DAY SHOULD BE A TIME FOR REFLECTION, NOT A PARTY
ACCORDING TO THE STATISTICS, WOMEN CONSTITUTE 50% OF THE MONGOLIAN POPULATION: 51.4% OF THE EMPLOYABLE POPULATION, 49.4% OF ALL WORKERS, 73% OF STUDENTS, 79.2% OF ALL TEACHERS AND 82.3 % OF HEALTH CARE SERVICE WORKERS.
A New Hu? Official With Potential Strikes Populist Tone
Most political watchers in China these days are transfixed by who will rise to top leadership positions in the once-a-decade political transition that begins later this year.
Preferred Signs its First Hotel in Mongolia
Preferred Hotels & Resorts has signed its first member in Mongolia – the brand new The Blue Sky Hotel & Tower.
Relive Genghis Khan’s dark past at a new exhibit
A new Field Museum exhibit brings the infamous, bloodthirsty Genghis Khan back to life.
The Great Wall, but not of China
Finding a Mongolian section of the Genghis Khan Wall made of many saksaul branches presented an unexpected opportunity.
Singapore, Mongolia to work on ICT projects
SINGAPORE: Singapore and Mongolia have strengthened their relationship, with an agreement to work on Infocomm Technology (ICT) activities and projects to help transform Mongolia into a knowledge-based society.
PM outlines three main objectives at Mongolian Economic Forum
Prime Minister S. Batbold said that discussions held at the 2012 Mongolian Economic Forum would play a key role in the Mongolian Government’s future decisions and strategies.
Mongolia Growth Group Ltd. Publishes February 2012 Monthly Letter to Shareholders
Ulaanbaatar, MONGOLIA, Mar 06, 2012 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its February 2012 letter to shareholders.
Dinosaur guts reveal velociraptor's last meal
A lightweight Velociraptor dinosaur may have chowed down on the carcass of a much larger flying reptile not long before meeting his own demise some 75 million years ago.
Finding Genghis Khan's Wall
A Mongolian map of the Omnogovi region traversed by the Wall ofGenghis Khan.
Mongolia Delays $3 Billion Coal IPO to Retain Hong Kong Plan
Erdenes Tavan Tolgoi, the Mongolian coal miner planning a $3 billion initial public offering, said it delayed the foreign part of the deal by at least two months to September to help win listings in London and Hong Kong.
Coal export occupies 31 percent of total export
According to Mongol Bank statistics, foreign trade turnover of Mongolia has reached USD735.2 million in the end of January and it has grown by 32 percent in comparison of January, 2011.
Prophecy Coal announces $9 mln private placement financing
Coal miner Prophecy Coal Corp. ( TSE:PCY ) reported Thursday it has arranged a non-brokered private placement financing worth $9 million as it seeks to advance development of its thermal coal plant project in Mongolia.
MNT800 billion is needed for kindergartens and schools construction
The Ministry of Education, Culture and Science has planned to build 40 kindergartens in the state by state budget and seven secondary schools’ extension by aid of Japanese Government in 2012.
Teachers to strike again
Secondary school teachers have announced timeless public strike. They said that the Government failed a deal with Mongolian Trade Union, the Employers United Association.
B.Delgermaa presents credentials as Ambassador to Singapore
Delgermaa Banzragch presented credentials as Mongolian Ambassador extraordinary and plenipotentiary to Singapore to Tony Tan Keng Yam, the President of Singapore on 23th February 2012.
A sacred tooth relic of Buddha is recognized
On Wednesday`s meeting, the cabinet approved to recognize a sacred tooth relic of Buddha” on National heritage list of history and culture.
First Mongolian figure skater participates in World championship
Maral-Erdene Ganbat, first Mongolian figure skater participated in Youth World championship which taking place in Minsk, capital city of Belarus from February 27 to March 4.
By end of June the new “Smart ID” will be distributed
First portion of new smart ID will be ready for April said yesterday, February, 2012 officials.
Mongolian women team climbs Mt. Kilimanjaro
A team of five women mountain climbers has climbed on February 21, 2012 Mt. Kilimanjaro, of Tanzania.
Number of people increases who requires information on low percent loan
According to the J.Aldarjavkhlan, head of Apartment Financing Corporation Agency, number of people who wants to apply for 6 percent apartment loan is increasing.
Goldman to Buy Ariel Reinsurance
The Goldman Sachs Group Inc. ( GS ) is working seriously on its acquisition and global expansion strategies.
Mitsui Seeks Copper Acquisitions With Record $17 Billion Cash: Commodities
Mitsui & Co. (8031), holding a record $17 billion in cash, wants to buy mining stakes and expand operations to triple copper output and more than double coal production, easing its reliance on iron ore sales.
Couple to honeymoon in battered old car on 14,000km drive to Mongolia
A NEWLYWED couple will travel across some of the most difficult terrain on their honeymoon as part of a massive fundraising event.
Altan Rio Begins First-Pass Drilling Program at the Khavchuu Gold Project, Northern Mongolia
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2012) - Altan Rio Minerals Limited (TSX VENTURE:AMO) ("Altan Rio" or the "Company") today announces the initiation of the first drilling campaign at the Khavchuu gold exploration project ("Khavchuu"), which the Company currently has an option to acquire 100% interest in, covering 7.14 km2 in Tov Aimag, northern Mongolia.
White House rewards Iraq vet with Mongolian embassy job
Piper Campbell has had one of the hardest jobs out there as Consul General at the U.S. Consulate General in Basra, Iraq .
Modun Resources ups the ante in Mongolia, further coal acquisition
Modun Resources (ASX: MOU) has been reinstated to the ASX on the news that the company will acquire a large, pre-production coal project in the South Gobi Coking Coal District, Mongolia.
Kincora Copper Limited Announces Exploration Results and Its 2012 Strategy
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2012) - Kincora Copper Limited (TSX VENTURE:KCC) ("Kincora" or "the Company") announces updated exploration results and details of the 2012 drilling campaign for the Bronze Fox project in Mongolia, which occupies 223km2 of land 140km northeast of the Oyu Tolgoi project, on the same copper belt.
Alltopics.com Presents 5 New Countries News Source
Alltopics.com has created a new section on Countries in its amazing database, including Mongolia, China, Japan, Taiwan and South Korea, which are available for instant access on our website.
SouthGobi to sell Tsagaan Tolgoi coal deposit in US$30-million deal
HONG KONG - A subsidiary of Ivanhoe Mines (TSX:IVN) has agreed to sell a Mongolian thermal coal property to Modun Resources Ltd. (ASX:MOU) in a deal valued at US$30 million.
Mongolia Consider Pre-IPO Convertible Bond Sale for Erdenes
Erdenes Tavan Tolgoi , the Mongolian coal miner planning an initial public offering this year, may sell convertible bonds before listing, Minerals and Energy Minister Dashdorj Zorigt said.
Mongolia: what drives the togrog?
Before the global financial crisis (GFC), Mongolia’s central bank, Mongol Bank, heavily managed the togrog-US dollar exchange rate.
MPs suggests expand land privatization timetable
MPs D.Gankhuyag, Z.Enkhbold, S.Erdene, D.Odkhuu, N.Batbayar, Kh.Battulga and G.Bayarsaikhan initiated law on expand timetable of land privatization to citizens.
President Obama Announces More Key Administration Posts
As informed White House offivial website President Barack Obama on March 3, 2012, announced his intent to nominate the following individuals to key Administration posts:
Mongolian Economic forum starts
3rd Mongolian Economic Forum initiated by the Prime Minister of Mongolia starts today, March 5, 2012 at State Palace.
Tax Policy commission will be established
Mongolian Chamber of Commerce is going to establish Tax Policy commission.
Number of people increases who requires information on low percent loan
According to the J.Aldarjavkhlan, head of Apartment Financing Corporation Agency, number of people who wants to apply for 6 percent apartment loan is increasing.
Russia Plans $8 Billion Siberia Investment to Boost Coal Exports
OAO Severstal, Russia’s second- largest steel producer, is among four companies planning mines and a state-backed railroad in the Siberian region of Tyva that would double the country’s metallurgical coal exports by 2020.
Copper steadies, focus on Chinese demand
LONDON – Copper prices steadied on Friday, after rising more than 1% in the previous session following reassuring manufacturing data from China, but continued concerns about slow demand from the metal’s top consumer prevented further gains.
President Barack Obama has asked Congress for nearly $900 million to fund the Millennium Challenge Corp. Congress should give it — willingly
The MCC was founded eight years ago with the mission to help the economic development of emerging-market countries.
China’s defence spending to rise 11.2%
China plans to boost its official defence budget by 11.2 per cent this year as Beijing is balancing the modernisation of its armed forces against the need to keep military spending in line with economic development.
Inner Mongolia to curb coal production below 1 billion tonnes by 2015
According to the country’s National Development and Reform Commission, Inner Mongolia, China's top coal producer will be straining to curb production of the fuel to below 1 billion tonnes by the end of 2015.
Dalai holds prayers for head of Jonang tradition
DHARAMSHALA: The Tibetan spiritual leader, the Dalai Lama, on Saturday morning presided over a special prayer ceremony for the ninth Khalkha Jetsun Dhampa, the spiritual head of the Jonang tradition of Tibetan Buddhism, who passed away in Mongolia on Friday morning.
Fitch revises Mongolia's Khan Bank's outlook to stable
(The following statement was released by the rating agency)
Friedman: The next great global industry
Our plan was to meet for lunch at noon in Moscow. It was to be just myself and Fyodor Lukyanov , the editor of the journal Russia in Global Affairs. He picked the restaurant.
38 people to recieve scholarships as part of the Mongolia Australian Program
38 people will receive the opportunity study in Australia as part of the Mongolia-Australian Scholarship program.
P.Ochirbat: Our homeland is a place for every Mongolian
The first President of Mongolia P.Ochirbat has given an interview to Undesnii Shuudan daily newspaper. Below is the translation.
Saijrakh to Focus on Khan Investment Management
Narantuguldur Saijrakh recently resigned from his role as General Manager of Asia Pacific Securities, the brokerage and dealing arm of Asia Pacific Investment Partners, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund - the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally.
Mongolia Consider Pre-IPO Convertible Bond Sale for Erdenes
Erdenes Tavan Tolgoi , the Mongolian coal miner planning an initial public offering this year, may sell convertible bonds before listing, Minerals and Energy Minister Dashdorj Zorigt said.
The Challenge of Mongolia
The world is in crisis... again. Most of the important economies will have just a symbolic GDP growth this year, like the USA (+1.7%), the United Kingdom (+0.8%), while the Eurozone and Japan are immersed in a long recession.
Mongolian Government to take hard-line on illegal drugs
The danger, precaution, and stopping methods of drugs” meeting was held in the Citizen Chamber, headed by President Ts. Elbegdorji on March 1st to set forward the overall strategies and principles for fighting illegal drugs.
Special session to be held on Monday
By the resolution Parliament Speaker D.Demberel scheduled special session of Parliament from March 5 to 9.
1000 km road to built from Altanbulag to Zamyn-Uud
The Ministry of Transport, Construction and City Planning has plan to built 1000 km road from north port Altanbulag to south port Zamyn-Uud.
Todd Baer Named Executive Producer for Bloomberg TV Mongolia
Todd Baer has joined Bloomberg ( News - Alert ) as Executive Producer for Bloomberg TV Mongolia, announced Parry Ravindranathan, Business Head for Bloomberg Television in Asia.
Overseas adventure to be unique lesson in learning
At an age when most people are thinking about retirement, Northwest Christian Elementary School teacher Barb Tusant, 61, and her husband, John, are getting ready to depart on a 2 ½-year teaching assignment to Mongolia.
Ivanhoe Mines CEO Robert Friedland a Keynote Speaker At International Mining Conference in Florida
Robert Friedland, founder and Chief Executive Officer of Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), will be the keynote luncheon speaker at the BMO Capital Markets Global Metals & Mining Conference on Monday February 27, 2012, in Hollywood, Florida.
Explorer Finds Lost Piece of China's Great Wall
(Newser) – The Great Wall of China is bigger than we thought. An undiscovered stretch of the wall was located last fall by a British explorer in the deserts of Mongolia, reports the Telegraph .
Snow Leopard Poop Reveals Endangered Cats' Meals
Scientists have gotten their hands dirty in the name of closer study of snow leopards, one of the planet's most endangered big cats.
Mongolia Energy (00276) issues shares for $120M
(Infocast News) Mongolia Energy Corporation Limited (00276) announced that it agreed to place 150 million shares at a price of HK$0.8 each to raise HK$120 million.
New stretch of Great Wall of China found using Google Earth
A British researcher scanning through images from Google Earth has discovered a new section of the Great Wall of China .
Genes on the March
MY mother always said I must be part Mongolian, because of my lotus-pale complexion and squid-ink black hair.
Mother-daughter duo planning trip to Mongolia to broaden their horizons
EUSTIS — When most parents send their high school graduates to college, they ply them with reminders to attend class and call home regularly.
MONGOLIA-KOREA COOPERATION FORUM RUNS
Ulaanbaatar, Mongolia /MONTSAME/ A forum themed "Mongolia-South Korea cooperation in the new year" ran last week in Seoul, the Republic of Korea.
T.GANDI AT UN SESSION ON STATUS OF WOMEN
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Labor and Social Welfare T.Gandi is participating in the 56th session of the UN Commission on the Status of Women.
MONGOLIA-GERMANY BUSINESS FORUM TO BE HELD
Ulaanbaatar, Mongolia /MONTSAME/ A Germany-Mongolia business forum will run in Berlin in frames of an upcoming official visit of Mongolia's President to be paid March 28-April 1 to the Federal Republic of Germany.
MONGOLIA AT BELASIA FAIR
Ulaanbaatar, Mongolia /MONTSAME/ The fair of Asia-Pacific countries was mounted on February 25-26 in Brussels, the Kingdom of Belgium.
ULAANBAATAR GROUP ON STATISTICS ESTABLISHED
Ulaanbaatar, Mongolia /MONTSAME/ A resolution has been issued to establish the Ulaanbaatar Group on Statistics for Economies Based on Natural resources, at initiatives of Mongolia and Australia.
PARLIAMENTARY DELEGATION VISITS QATAR
Ulaanbaatar, Mongolia /MONTSAME/ Members of the Mongolia-Qatar inter-parliamentary group at the State Great Khural have paid a visit to Qatar at invitation of Mr. Mohammad bin Mubarak Al Khulaifi, a Chairman of the Advisory Council of Qatar.
DP CHAIRMAN ABOUT "4:11" MEETING
Ulaanbaatar, Mongolia /MONTSAME/ A Chairman of the Democratic Party (DP) N.Altankhuyag gave a lecture “The economic revolution launches” at the “4:11” meeting held with the media on Thursday.
STATE HEAD RECEIVES PRESIDENT OF UNION FOR YOUTHS
Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia received on Friday A.Monkhbat, a head of the Union of Mongolian Youths (UMY).
ICDP PRESIDENT APPRECIATES STEP OF MONGOLIA
Ulaanbaatar, Mongolia /MONTSAME/ A head of the International Commission against Death Penalty (ICDP) Mr. Federico Mayor has sent a letter to the State Head Ts. Elbegdorj appreciating a decision of Mongolia to ratify the Second Optional Protocol to the International Covenant on Civil and Political Rights, aiming at the abolition of the death penalty.
PARLIAMENT SPEAKER OF LAOS ENDS HER VISIT
Ulaanbaatar, Mongolia /MONTSAME/ A delegation led by Ms. Pany Yathotu, the President of the National Assembly (parliament) of the Lao People's Democratic Republic, completed on Wednesday their official visit to Mongolia.
CABINET DISCUSSED 32 ISSUES AT SIX MEETINGS
Ulaanbaatar, Mongolia /MONTSAME/ In January this year, the cabinet met six times and discussed 32 issues and got familiarized with 15 issues.
CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet backed in principle a draft amendment to an appendix of the parliamentary resolution on approving basic guidelines of privatizing and restructuring the state properties in 2010-2012. It has been initiated by Ya.Batsuuri MP.
MPP'S MEMBERSHIP GROWING
Ulaanbaatar, Mongolia /MONTSAME/ One thousand 921 people have become members of the Mongolia People's Party (MPP).
REPORT ON SOCIO-ECONOMIC SECTORS OF MONGOLIA RELEASED
Ulaanbaatar, Mongolia /MONTSAME/ A ceremony took place on Thursday to inaugurate the latest report of Mongolia for 2012.
AMBASSADOR O.OCHIRJAV PRESENTS CREDENTIALS
Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Turkmenistan O.Ochirjav presented on Wednesday his letter of credence to Ms. Akja Tajiyevna Nurberdyeva, the Speaker of parliament (Mejlis).
H.E. the Ninth Khalkha Jetsun Dhampa passes away
DHARAMSHALA, March 1: His Eminence the Ninth Khalkha Jetsun Dhampa Dorjee Chang Jampel Namdrol Choekyi Gyaltsen, the spiritual head of the Jonang tradition of Tibetan Buddhism and the spiritual head of Mongolia, passed away earlier today at 5.58am (IST) in Ulaanbaatar, Mongolia.
Mongolia Quarterly Economic Update - February 2012
General GDP growth accelerated to an unprecedented 17.3 percent in 2011 from 6.4 percent in 2010 and the unemployment rate fell from 13 percent in 2010 to 9 percent in 2011.
Mongolia forum discusses East Asia economic cooperation
ULAN BATOR, March 1 (Xinhua) -- Mongolia opened a forum here Thursday to discuss ways to promote economic development cooperation in East Asia.
Val Farmer: New adventure: Becoming missionaries in Mongolia
It is official. My wife, Darlene, and I know our plans.
Fund the Millennium Challenge Corp.
SANTA MONICA, Calif. (MarketWatch) — President Barack Obama has asked Congress for nearly $900 million to fund the Millennium Challenge Corp. Congress should give it — willingly.
N. Korea finds a purpose for small group of ‘friends’
TOKYO — As North Korea tells it, Kim Jong Il has grieving friends across the world.
Altan Rio Announces Chandman Copper-Gold Project 2011 Drill Results and 2012 Exploration Plans
VANCOUVER, BRITISH COLUMBIA, Mar 02, 2012 (MARKETWIRE via COMTEX) -- Altan Rio Minerals Limited CA:AMO -18.10% ("Altan Rio" or the "Company") has received preliminary assay results from the 2011 drill campaign at the KY porphyry intrusion and adjacent targets at the Chandman copper-gold Project ("Chandman"), part of the combined Chandman-Yol regional exploration Project (100%) ("Chandman-Yol"), located in Khovd Aimag, western Mongolia.