Mongolian Economy and Finance

August 24 (InfoMongolia) Early in the morning of August 24, 2012, the security office of the Chinggis Khaan International Airport had discovered a suspicious packet that looked like a bomb in a trash can in the Waiting Hall of the Airport.

August 24 (InfoMongolia) Within the recent amendments on higher education, the Government of Mongolia is to allocate four types of stipend to students who are studying at the accredited universities and institutes for Top 20 demanded professions of day classes, depending on their study performances with additional 50%, 75% and 100% of bonus.

August 23 (Mongolia Today) The recent parliamentary election produced a troubling result.

Ulaanbaatar, Mongolia, August 22 (Millenium Challenge Account – Mongolia) — Severe winter air pollution in Ulaanbaatar, the capital of Mongolia, has become a major concern for the city's 1.3 million residents, which is nearly half the country's population.

ECONOMIC AND COMMERCIAL SECTION OF THE U.S. EMBASSY ULAANBAATAR, MONGOLIA

August 24 (InfoMongolia) The 40th anniversary of the diplomatic relations between Australia and Mongolia marks in September, 2012.

August 23, Mongolia Investment Group Limited (HK: 402 ) --

August 24 (InfoMongolia) The Vice Chairman of the Autonomous Region People's Government, Inner Mongolia Autonomous Region,Mr. Pan Yiyang has made a two-day working visit in Mongolia at the invitation of Deputy Minister for Foreign Affairs Gonchigzeveg TENGER on August 23-24, 2012.

August 23, CNNC International Limited (HK: 2302 ) --

ULAN BATOR, Aug. 30 (Xinhua) -- A Chinese Culture Month opened Thursday at the Central Culture Palace of Mongolia, starting a series of activities to promote Chinese culture in the country.

Overview

Mongolia-focused oil explorer Petro Matad ( LON:MATD ) has extended the exploration period of the XX Block for another five years.

Rio Tinto ( RIO -1.96% ) has expressed confidence that it will reach an agreement with China over the power supply for the Oyu Tolgoi project in time to begin production as scheduled.

Welcome to Mongolia

DUBAI — UAE men’s team had an exciting draw against Mongolia in the second round of the 40th World Chess Olympiad held at Istanbul Expo Centre, Istanbul, Turkey.

There are literally hundreds of different airlines operating scheduled passenger services around the world.

August 27 (Oxford Business Group) Unexpected fluctuations in cashmere prices in 2012 have -dampened optimism in Mongolia's textiles sector, despite the introduction of incentives from the government aimed at streamlining the industry.

August 24 (ET Net) Moody's Investors Service said that Winsway Coking Coal Holdings Limited's (HK: 1733 ) 1H 2012 pre-tax loss of HK$684 million - the first such loss since it listed on the Hong Kong Stock Exchange in October 2010 - will have no immediate impact on the company's Ba3 corporate family rating and the B1 rating of its USD senior notes.

August 27 (BDSec) Mongolia Growth Group (MGG) (CNSX: YAK ) is a Canadian domiciled corporation with all of its assets in Mongolia, invested primarily in the booming real estate market of Ulaanbaatar (UB).

August 28, Newera Resources Limited (ASX: NRU ) --

August 27 (Proactive Investors) Haranga Resources (ASX: HAR ) has inked a memorandum of understanding to secure 5 million tonnes per annum of export rail capacity for iron ore produced from its Selenge Project in Mongolia.

China came back to beat Korea to win the 2012 FIBA Asia U18 Championship while Senegal knocked off Ivory Coast to claim gold at the 2012 FIBA Africa U18 Championship with all four teams and Asian bronze winners Iran booking their spots in the 2013 FIBA U19 World Championship.

Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) is pleased to announce that it has received from the Mongolian Resource Authority (“MRAM”) Mining License number MV 017098 covering a total area of 5,758 hectares for the Ovoot Coking Coal Project (“Ovoot Project”).

London-listed explorer PetroMatad has secured a five-year extension to the exploration term of its Block XX production sharing contract in Mongolia.

HONG KONG, CHINA--(Marketwire - Aug. 29, 2012) - SouthGobi Resources Ltd. ( TSX:SGQ )(HKSE:1878) ("SouthGobi") announced today that the proposed sale of the Tsagaan Tolgoi Deposit to Modun Resources Limited (ASX:MOU) has been cancelled by mutual agreement of the parties. 

HOHHOT, Aug. 30 (Xinhua) -- Players from China's Inner Mongolian Autonomous Region won four of the five gold medals on offer at the Chinese Wrestling in the Second Ordos International Nadam Fair on Thursday while Dawanima from Mongolia took the other.

The Hulunbeir Grassland is located in the northeast of Inner Mongolian Autonomous Region.

Lawrence C. Gochioco is unknown in the Philippines, his home country.

Petro Matad, an oil exploration company with a portfolio of assets in Mongolia, is pleased to announce that pursuant to the provisions of the Petroleum Law of Mongolia the exploration term of the Production Sharing Contract (PSC) on Block XX has been extended for five years until July 2017.

ULAABAATAR, Mongolia - A closing ceremony was held to mark the end of Exercise Khaan Quest 2012 at the Five Hills Training Area near Ulaanbaatar, Mongolia, Aug. 23.

FILTHY toilets, no toilet paper, a urine-stained floor, no ability to flush and dribbles on the seat immediately indicate we are heading further east.

Foreign Affairs Minister Luvsanvandan Bold participating in the Non-Aligned Movement (NAM) summit in Tehran, started on August 28, 2012.

A.Bakei, Chairman of Standing committee on State Structure met with N.Luvsanjav, chairman of General Election commission (GEC) and Ch.Sodnomtseren, secretary of GEC and changed a view on upcoming local election preparation.

The Chinese cultural month started today in Ulaanbaatar, capital of Mongolia.

The Tsagaandarium Art gallery organizing “Formal Intensity: Australian Art Today” exhibition on September 1-15.

Stormy days may threaten Republicans as they gather in Florida to anoint Mitt Romney.

ULAN BATOR, Aug. 27 (Xinhua) -- The 10th Children's Performing Arts Festival of EastAsia ended here Monday, with high hopes for building bridges among children in theregion, local media reported.

The First International Horse Culture Industry Forum took place on Saturday in Dalate Banner, Erdos City, in north China's Inner Mongolia Autonomous Region with the theme of "Cultural Industry and Cultivating a New Economic Growth Engine."

Turquoise Hill Resources, formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up with initial production expected to start by year-end.

TEHRAN -- President of Mongolia Elbegdorj Tsakhia, who has traveled to Iran to attend the 16th Non-Aligned Movement (NAM) summit, visited the Soltanieh Dome in Zanjan Province on Wednesday.

A Scotch whisky firm has set its sights on Mongolia as it bids to make further inroads into new and emerging markets.

An Exploration and Research Team has discovered an Ancient Turkic find in Bayannuur Soum in the Bulgan District.

The construction of the 176.4 kilometre-long road from Choir to Sainshand started in February of 2011.

Athletes and coaches who successfully participated in the 2012 Summer Olympics in London were granted a reward on August 26.

A total of 104 kids from Japan, China, Russia, South Korea, North Korea and Mongolia have gathered together to celebrate world peace and friendship for the ‘Kids’ Asian Union Camp 2012’ assembly, which was held for the 12th time in Mongolia.

Aug 29 (Reuters) - SouthGobi Resources Ltd said the proposed sale of the Tsagaan Tolgoi thermal coal project in Mongolia to Australian-listed Modun Resources Ltd has been cancelled.

(Ahlul Bayt News Agency) - All countries present in the 16th Non-Aligned Movement summit underline the establishment of global peace, the establishment of which is one of the main objectives of the summit, Gombojav Zandanshatar said upon his arrival in Tehran.

At 12 p.m. on Friday, August 24, the new Ambassador of the United States to Mongolia, Piper Anne Wind Campbell, presented her credentials to the President of Mongolia.

President Elbegdorj received the Member of the Federal Assembly of the State Duma of Russian Federation Mikhail Viktorovich Slipenchuk.

Lundeg Purevsuren appointed as National Security and foreign policy advisor to the President of Mongolia Tsakhia Elbegdorj. Lundeg Purevsuren works as Foreign policy advisor to the President.

President of Mongolia Tsakhia Elbegdorj issued a degree on celebration a Book Festival on third Saturdays of September every year.

President of Mongolia Tsakhia Elbegdorj will participate to the meeting of the Non-Aligned Movement (NAM) scheduled on August 26-31 in Tehran, Iran.

London organizers say more than 100 countries will broadcast the Paralympics, providing the most comprehensive coverage of the event in history.

Mongolia’s foreign minister says all countries participating in the Non-Aligned Movement (NAM) summit in Tehran champion the cause of global peace and stability.

Question: How is North Dakota like Mongolia? Answer below…but first a little background.

Global CyberLympics Round One Forensics Security Challenge results have been posted.

Among the great religious festivals of Asia, the ceremonies of Mongolia stand unsurpassed in the splendor of their visual imagery and their dramatic expressiveness.

The 2nd Ordos Dalate International Horse Cultural Festival was held on August 23-26 in Dalate Banner, Erdos city in north China's Inner Mongolia Autonomous Region.

(Ahlul Bayt News Agency) - Foreign Minister Ali Akbar Salehi held separate meetings Tuesday with his Beninese, Ghanaian and Mongolian counterparts on the sidelines of the ongoing NAM ministerial meeting.

Aspire Mining ( ASX: AKM ) has been granted a mining licence covering the 5,758 hectare Ovoot Coking Coal Project in Mongolia, with the certainty of tenure set to greatly assist the company as it moves closer to funding the project.

Reigning Miss Zimbabwe Bongani Dlakama’s stay in China at the Miss World finals was a nightmare that she quickly wants to forget.Report by Silence Charumbirac

Detroit, MI ( RestaurantNews.com ) Born out of the ancient Mongolian tradition of hunt, gather, cook, feast, bd’s Mongolian Grill is celebrating its 20th anniversary with guests nationwide.

When the world's astronomers only get together every three years, there's a lot to do, and so this year's IAU General Assembly  lasts a full two weeks.

HOHHOT - A transport company in North China's Inner Mongolia autonomous region has published the names of 20 victims in Sunday's sleeper-tanker crash that killed 36 in Shaanxi province.

A large, integrated industrial park being planned at Sainshand in the southern Gobi.

Say Mongolia and most Kiwis think of horses, Chingis Khan and a vast, cold desert.

Analyst David Sadowski* of Raymond James sees a lot on the horizon for uranium: a supply shortfall, escalating Asian demand and seasonality, to name just a few. Interview with The Energy Report.

Fitch Ratings has withdrawn the expected rating on Mongolia-based XacBank LLC’s (XacBank) foreign currency senior unsecured notes and Recovery Rating assigned on 27 March 2012.

The positive long-term outlook for copper remains intact, Rio Tinto copper division chief Andrew Harding said on Friday.

Australian Prime Minister Julia Gillard ’s Labor Party lost power in elections in the Northern Territory after 11 years in office.

HOHHOT, Aug. 27 (Xinhua) -- A transport company in north China's Inner Mongolia Autonomous Region has published the names of 20 victims in Sunday's sleeper-tanker crash that killed 36 in Shaanxi Province.

PARALYMPIC athletes from Mongolia have been given a warm welcome after arriving in Crawley to train with members of a local judo club.

Ozeki Harumafuji will gun for promotion to the top rank of yokozuna in the Grand Sumo Tournament starting Sept. 9 at Tokyo's Ryogoku Kokugikan, according to the new banzuke ranking released Monday.

The long awaited opening of the British School of Ulaanbaatar is nearly here.

Nova Mining Corp. (OTCBB: NVMN) President James Dilger announced that the Company has been making tactical moves ahead of the highly-anticipated Apple (NASDAQ: AAPL) iPhone 5 and iPad Mini launch that are expected to both take place in early September.

The official visit of the State Councilor of the People’s Republic of China, Dai Bingguo, formally began on August 23 when N.Altankhuyag, the Prime Minister of Mongolia, received and met him.

Today, the UB Post would like to show some of the works by a very talented Mongolia artist, Otgonbayar Ershuu.

(MENAFN - ProactiveInvestors - Australia) Haranga Resources (ASX: HAR) has inked a memorandum of understanding to secure 5 million tonnes per annum of export rail capacity for iron ore produced from its Selenge Project in Mongolia.

Kincora Copper Ltd. ( CVE:KCC ) Monday has heralded the appointment of senior mining analyst Jonathan Spring as vice president of corporate development.

LONDON — London organizers say more than 100 countries will broadcast the Paralympics, providing the most comprehensive coverage of the event in history.

BEIJING (AP) — A double-decker bus rammed into a tanker loaded with highly flammable methanol on a northern Chinese highway, causing both vehicles to burst into flames in one of two serious accidents that left 47 dead over the weekend.

Since China's famous Soong sisters attended Wesleyan College in the early 1900s, the Macon women's school has always had strong links to Asia.

New research conducted on a warehoused specimen of Ernanodon antelios published in the Journal of Vertebrate Paleontology on August 27, 2012, has ended a thirty year old mystery involving what Ernanodon antelios was.

Business tycoon Enrique “Ricky” Razon Jr. (also known as EKR) is bent on leaving his mark all over the world with marine terminals and port projects located in the US, Australia, Japan, Indonesia, Brazil, Poland, Madagascar and just recently, Karachi in Pakistan and Nigeria.

Russia is favoured by Mongolia and North Korea just as the United States is welcomed by some of its Southeast Asian partners.

MANILA, Philippines -- Energen Pilipinas limped back from its heartbreaking quarterfinal loss to South Korea the night before by venting its ire on Lebanon with an 80-69 win in the consolation round of the 22nd FIBA Asia Under-18 Championship at the Buyant Ukhaa Arena in Ulan Bator, Mongolia on Saturday.

NAGPUR: Top Indian performers Palpreet Singh Brar, Rakesh Sangwan and Amit Kanarjee tried every trick to thwart Syria's challenge, yet fell inadequate against the sustained pressure exerted by their higher ranked rivals.

Saturday October 6, 2012 5:00 pm to 9:00 pm

SHIZUISHAN, Ningxia - Six tourists died and more than 30 were evacuated after a flash flood that soaked amountain ravine in Northwest China's Ningxia Hui autonomous region Saturday, local authorities said.

Foreign trainers mosey into the country as horse riding becomes popular among urban residents

By Paul Sullivan, Georgetown University August 22 (UB Post) Mongolia has a real chance to be a wealthy country.

August 22 (UB Post) The Minister of Education, Culture and Science,L.Gantumur, received and met the directors of the State Universities on August 19.

August 22 (UB Post) Mongolia owns a lot to coal. It is the country's main export; it was responsible for the mining boom that has caused the recent growth of the economy.

August 22 (CRI) Japanese forces and US Marines are now in the western Pacific Ocean for a month-long military drill designed to deal with the scenario of taking back islands.

August 21 (InfoMongolia) On August 20, the Board members of the Capital City Citizens' Representative's Khural (City Council) held its meeting discussing the working group's procedures on allocating the new lands to civilians (each citizen of Mongolia has a right to obtain a free 0.07 ha) and current ongoing construction up-buildings in Ulaanbaatar city.

August 22 (InfoMongolia) On August 21, the First Session of theState Great Khural (Parliament) started its meeting at 04:40 pm with 53.5% of attendance or 38 out of 71 members.

August 21 (InfoMongolia) The National Statistical Office of Mongolia made a statement on foreign trade turnover as of August 15, 2012. According to the statement, as of August 15, the total external trade turnover reached at 7,007.5 million USD, whereas exports made up 2,705.9 million USD and imports made up 4,301.5 million USD respectively.

Mongolia's massive and low-cost coal reserves are well-positioned to serve seven nearby Chinese provinces with more than one billion tonnes of annual coal demand

BAAR, Switzerland, Aug. 21, 2012 /PRNewswire/ -- Manas Petroleum Corp. ("Manas") (TSX-V: MNP ; OTCBB: MNAP ) has filed its quarterly report on Form 10-Q for the six months ended June 30, 2012 on EDGAR and on SEDAR. ( www.sedar.com or www.sec.gov ). The following provides you with a review of some of the highlights:

The Board announces that on 20 August 2012, the Company entered into a long-term Strategic Alliance Agreement with the Lung Ming Group for the marketing of Mongolian iron ore products in the PRC.

FIVE HILLS TRAINING AREA, Mongolia (Aug. 21, 2012, U.S. Army) --Mongolian Armed Forces, U.S. Soldiers and Canadian Forces participated in the Engineer Subject Matter Expert Exchangeportion of Khaan Quest 2012, Aug. 13-21.

August 22 (Bdaily) North East manufacturer of equine supplements has branched into the Mongolian market, with £10,000 order.

August 23 (InfoMongolia) The Australian Embassies in Beijing and Shanghai, the People's Republic of China announced the changes on Visa Service Delivery, which will be effective from October 01, 2012.

August 23 (InfoMongolia) The second irregular meeting of the Board members of Capital City Citizens' Representative's Khural (City Council) took place in Khangarid Palace on August 22, 2012.

August 22 (ET Net) Winsway Coking Coal ( 01733 ) said it entered into a strategic alliance agreement with Lung Ming Mining for cooperation in the marketing of Mongolian iron ore products in the People's Republic of China and the role of the Group as the exclusive buyer of iron ore products produced by the Lung Ming Group.

August 23 (Cbonds) The estimated total Project cost is $12.0 billion.IFC's proposed investment is a $300 million senior A Loan together with a B Loan of up to $600 million loan to be syndicated to international commercial banks, as part of a proposed $4billion project debt financing.

The President of Mongolia, Elbegdorj Tsakhia, has pinpointed tourism as a means to diversify the Mongolian economy and outlined plans to increase international tourist arrivals to the country .

Aspire Mining director Neil Lithgow has increased his stake in the company to 63,478,501 shares after acquiring an additional 258,501 shares on market.

President Elbegdorj received world famous paleontologist, professor of the Canadian University of Alberta, Phillip Currie and paleontologist Eva Koppelhus.

Ulaanbaatar City Mayor E.Bat-Uul presented action plan of complex measure to reduce traffic jam to the Ulaanbaatar City Assembly.