Mongolian Economy and Finance

Calgary, Alberta CANADA, Dec 24, 2013 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - TSX Venture), ("MGG" or "the Company") is pleased to announce the closing of the sale of Mandal General Daatgal LLC ("Mandal") by MGG to UMC Capital LLC ("UMC Capital").

Football may stretch to the four corners of the earth, but in trying to leave a mark on the game a pair of friends from London got closer to the edge of that particular rectangle than most tend to explore.

After a month detained in sub-zero Mongolia, Christopher Bradley got the best possible Christmas present - he was let out of the country.

Bangalore: This bar-headed goose is a frequent traveler between India and Mongolia.

Washington— Last year, while Jake Sullivan was traveling with his boss, Secretary of State Hillary Clinton, he quietly disappeared during a stop in Paris.

One American and two Philippine former executives of SouthGobi Resources, a coal mining company, remain under exits bans of 14, 18 and 18 months respectively.

WASHINGTON (AP) — Last year, while Jake Sullivan was traveling with his boss, Secretary of State Hillary Clinton, he quietly disappeared during a stop in Paris.

As a student at Central Bucks East High School, Lehigh University and the University of Pennsylvania , I can't honestly say that I ever planned a future in Mongolia.

Illegal land grabs and colonization by Chinese farmers and miners, supported by the Chinese Communist (CCP) regime, are the source of human rights problems in Mongolia, said a rights group.

PIERRE, S.D. | A South Dakota wildlife photographer says his latest assignment for National Geographic took him to southern Mongolia to capture images of an elusive bear.

Mongolian National University (MNU) and the University of California (UC) have agreed to cooperate on high-temperature solar thermal technology research in Mongolia in 2014.

The Director of Mongolia-Korea Polytechnic College (MKPC), D.Ulambayar gave an interview during the college’s groundbreaking ceremony about a wide range of issues in Mongolia’s science and education sectors, as well as related social issues.

This year, over 426.5 million MNT was spent for programs designed to protection of the endangered mazaalai (gobi bear).

ASX ANNOUNCEMENT

(PRC, Hong Kong, 20 December 2013) Goldpoly New Energy Holdings Limited (“Goldpoly” or “the Company,” HK stock code: 686, whose largest shareholder is China Merchants New Energy Group “CMNE”), a leading solar power plant investor and operator in China, today announced that a 40MW solar power plant project has achieved grid connection.

A New Zealand man, who had been detained under loose house arrest in Mongolia in a banking dispute, has been released in time for Christmas.

A launch ceremony for the People's Armed Police Spring Bud Scholarship Fund was held in Selenhot, a city located in Xilin Gol League of north China's Inner Mongolia Autonomous Region, on December 13, 2013.

KUWAIT, Dec 19 (KUNA) -- Kuwait's Ambassador to Mongolia Khalid Al-Fadhli met at his office on Thursday with the Mongolian Minister of Justice and Home Affairs Khishigdemberel Temuujin.

Three commuter airports in northern China's Inner Mongolia autonomous region started operations on Tuesday.

Sas Carey is a registered nurse and holistic healer in Middlebury. For the last 19 years she’s been spending part of the year in Mongolia, working with nomadic herders on health care issues.

Prophecy Coal ( TSX-V:PCY , StockForum ), a Vancouver-based thermal coal mining and production company operating in Mongolia, released clarifications on their July 18, 2012 news release due to a British Columbia Securities Commission review of said disclosure.

While Inner Mongolia rarely experiences the crackdowns or repression of China’s restive western regions, there are those who believe the area, also known as Southern Mongolia to certain human rights groups, suffers greatly under the Chinese Communist Party.

The dramatic expansion of Mongolian mine sites from initial diggings to their present size has been captured using satellite imagery for the first time by researchers at The University of Queensland’s Sustainable Minerals Institute (SMI).

WASHINGTON, Dec. 19, 2013 -- /PRNewswire/ -- Officials from the Export-Import Bank of the United States (Ex-Im Bank) and MIAT Mongolian Airlines (MIAT) participated in a signing ceremony today that finalized the export of a U.S. Boeing 767-300ER aircraft with GE engines to MIAT.

ULAANBAATAR, Mongolia, Dec. 19, 2013 /PRNewswire/ -- NACO Fuels JSC (MSE:NKT, "Naco") is pleased to announce a successful trial run of its Clean Coal operations in Darkhan plant, producing high-quality smokeless fuels for the Ulaanbaatar city market.

Ashgabat, Turkmenistan, Dec. 20 By Huseyn Hasanov - Trend:

The Mongolian government has taken upon itself to install solar panels on tents in its vast plains where around 800,000 nomads live.

Dec 16 (Reuters) - Turquoise Hill Resources Ltd said on Monday that parent Rio Tinto had secured extended commitments from the banks that have agreed to finance the underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia.

Resouce-rich Mongolia is going back to the international bond market in a push to offset a weakening economic cycle.

* Trafigura to provide financing for huge Mongolia mine * Gets long-term deal to buy output * Majority mine owner Rio Tinto wrangling with Mongolia on expansion

On December 13, 2013, Vice Foreign Minister Liu Zhenmin met with Director of the Department of Neighboring Countries of the Mongolian Foreign Ministry Tumurkhuleg Tugsbilguun and Director of the First Asia Department of the Russian Foreign Ministry A.B. Kulik who came to China to attend the Consultation at the Department and Bureau Level of the Foreign Ministries of China, Mongolia and Russia, the first Meeting of the China-Mongolia Boundary Joint Committee, and the 13th Meeting of the China-Russia Boundary Joint Committee.

Good news for the Oyu Toloi mine… “Commodity trader Trafigura has agreed to provide financing for the massive Oyu Tolgoi mine in Mongolia in exchange for a long-term deal to buy an undisclosed portion of the output, it said on Monday,” reports Reuters.

(PRC, Hong Kong, 18 December, 2013) Goldpoly New Energy Holdings Limited (“Goldpoly” or “the Company,” HK stock code: 686, whose largest shareholder is China Merchants New Energy Group “CMNE”) was notified by GD Solar that the 50 MW Guodian Chahaeryouyiqianq solar power plant owned by members of the Photovoltaic Green Ecosystem Organization (“PGO”) in Wulanchabu City, Inner Mongolia Autonomous Region (the 50MW Guodian Chahaeryouyiqianqi solar power plant) has successfully achieved on-grid connection and started electricity generation.

A Japanese researcher has turned to the nomads of Mongolia to help her document the extent of radioactive contamination in the landlocked Asian nation.

Darkhan residents had a busy weekend at Zaluuchuud Theatre.

Last Thursday, members of the International Women’s Association of Mongolia (IWAM) delivered timely donations to new mothers and children living in Darkhan.

KUWAIT, Dec 14 (KUNA) -- Kuwaiti Ambassador to Mongolia Khalid Al-Fadhli has met with Mongolian Minister of Environment and Green Development Sanjaasuren Oyun to discuss turning over the the Kuwaiti-Mongolian scientific center to the Ministry of Environment and Green Development.

The Fifth Round of the Negotiations for the Japan-Mongolia Economic Partnership Agreement (EPA) will be held from December 16 to 19, and 24, 2013 in Ulaanbaatar, Mongolia.

Since choosing the path of democracy and a market economy, we have built an economy dominated by the extractive industry and our minerals such as coal, copper, gold and iron ore have been exported mostly to a single country.

In 1990, as the Soviet Union was disintegrating, Mongolia, long a satellite of the U.S.S.R., regained its independence.

NAIMAN QI, INNER MONGOLIA, China — Over the last three years, San Qinghai has had to dig four new wells, each one deeper than the last.

Aspire Mining’s (ASX: AKM) Ovoot Coking Coal Project in Mongolia continues to draw interest with two non-binding Memoranda of Understanding signed with large Russian buyers for up to 1.3 million tonnes per annum of coking coal.

BEIJING, Dec. 16 (Xinhuanet) -- A group of 30 Mongolian fishermen are scheduled to be invited to Beijing's Jinhai Lake from January 15 to 23, to practice their traditional winter fishing method, manager of the Jinhai Lake told China.org.cn on Sunday.

THE crash of a US military ­research satellite in the remote wilds of Mongolia and China triggers an explosive search for the valuable cargo it holds – a code-black physics project ­related to the study of dark ­energy that is connected to the birth of our universe.

By any estimation, Winnipeg does an amazing job of dealing with severe weather and natural disasters.

BEIJING, Dec. 11, 2013 /PRNewswire/ -- Asialaw Profiles, the most accessible guide to Asia-Pacific's leading regional and domestic lawyers, has again highly recommended the law firm LEHMAN, LEE & XU . LEHMAN, LEE & XU has been recommended in 2013 and 2014 in special areas that include Banking & Finance, Construction & Real Estate, Corporate/M&A, Tax, and Energy & Natural Resources. LEHMAN, LEE & XU, the third largest corporate commercial law firm in the People's Republic of China, adds this prestigious accolade to a collection which includes global honors from Finance Magazine, Dealmakers, Intercontinental Finance, and Corporate INTL Magazine.

CORVALLIS, Ore. – Overgrazing by millions of sheep and goats is the primary cause of degraded land in the Mongolian Steppe, one of the largest remaining grassland ecosystems in the world, Oregon State University researchers say in a new report.

In many ways Mongolia is an outlier -- an exotic tourist destination filled with windswept deserts, nomads and yurts. It might also be a vision of the world's future.

HOWELL – The Township and a district in Mongolia signed a memorandum of understanding to create sister cities between Howell and the Sukhbaatar District on Tuesday.

What is it like living in Ulaanbaatar? What is the word? Smoky. Let me start with that.

On Dec. 4, 2013, The Asia Foundation and the Sant Maral Foundation released the third installment of its bi-annual “ Survey on Perceptions and Knowledge of Corruption, ” revealing that efforts to curb corruption in what is considered, as some sources put it, one of the world’s most corrupt countries could in fact be working.

I'm growing more anxious by the minute. My camel isn't happy either. He opens his mouth and begins to bawl. Is he ready to bolt or fight?

Jatenergy ( ASX: JAT ) is on track to pursue its Mongolian coal upgrading plans after testing proved that coals from the country were highly suitable for conversion using Coal Plus technology.

Ulaanbaatar, Mongolia, December 9, 2013 — The Independent Authority Against Corruption, The Asia Foundation, the Sant Maral Foundation, and Mercy Corps Mongolia (MCM) today released the Study of Private Perceptions of Corruption (STOPP) as part of the United States Agency for International Development (USAID)-funded Strengthening Transparency and Governance in Mongolia (STAGE) project at the roundtable discussion on the private sector’s anti-corruption initiatives.

Chinese authorities have expelled a group of Inner Mongolian herders from Beijing after they persistently petitioned officials over the loss of their grazing land in a landmark case, a U.S.-based rights group said Monday.

LONDON (Alliance News) - Chinese sorbic acid producer Sorbic International PLC Tuesday reported a drop in revenues, and a significantly larger loss for the year ended September 30, due to a GBP6.7 million impairment loss, as plans to rebuild its existing facility in Inner Mongolia were abandoned.

LONDON (Alliance News) - Chinese sorbic acid producer Sorbic International PLC is still targeting a doubling of production levels, but its facing short term difficulties due to hurdles being thrown up by local government authorities, non-executive Chairman John McLean told Alliance news Tuesday.

The uplift of two mountain ranges in Central Asia beginning 30 million years ago expanded the Gobi Desert and set Central Asia on its path to extreme aridity, a Stanford study suggests.

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

The family of jailed Inner Mongolian dissident Batzangaa says his health is deteriorating in prison, where he is serving a three-year jail term for "economic crimes," while the couple's eldest daughter is suffering from mental health problems during her father's absence.

The European Bank for Reconstruction and Development will scrap most assistance for coal-fired power plants, joining the World Bank and the U.S. in a retreat from supporting the most polluting fossil fuel.

Intrepid travellers looking for destinations that are genuinely off the beaten track have been inspired by a new book by the Australian adventurer Tim Cope in which he describes a journey by horseback following in the steps of the legendary Genghis Khan.

Snow Leopard Tours offers travellers the chance to discover countries such as Tibet and Mongolia and make unforgettable memories!

Our House Restaurant has a long history in Howell but it likely held one if its most unique events on Saturday with another longterm staple of the Howell community.

MONGOLIA has placed a travel ban on a New Zealand national, who is consulting for Standard Bank Group, amid an escalation in a dispute with a local firm over a debt repayment.

Washington — On International Volunteer Day, the Peace Corps recognizes and applauds volunteers' commitment to making a difference around the world.

Chinese authorities have expelled a group of Inner Mongolian herders from Beijing after they persistently petitioned officials over the loss of their grazing land in a landmark case, a U.S.-based rights group said Monday.

Police in China’s northern Inner Mongolia have launched an official investigation into the beating of five newly-recruited firefighters in Wuhai city after a video that showed them being abused by senior soldiers went viral over the weekend, reported China’s Southern Metropolis Daily.

Sorbic Int'l booked a FY pretax loss of £6.1m, from £0.14m a year ago. The result included an impairment provision of £6.7m in respect of the company's inner Mongolia facility.

MISSION MATTERS SCOTLAND brings us the story of Bishop Wenceslao Padilla and his inspiring journey of faith in the Asian country

In a recent study, large numbers of bryozoan and other typical marine fossils were discovered for the first time in the thick limestone layers and lenses of the upper part of the Linxi Formation of the Guandi section, Linxi County, eastern Inner Mongolia.

India Globalization Capital Inc announced that it has commenced wet processing operations to produce high-grade iron ore at the first of its three plants in Inner Mongolia.

Video Mongolia Digital Broadcasting (MNBC) has launched Mongolia's first ever DVB-T2 service, using head-end systems from Thomson Video Networks.

In a recent study, large numbers of bryozoan and other typical marine fossils were discovered for the first time in the thick limestone layers and lenses of the upper part of the Linxi Formation of the Guandi section, Linxi County, eastern Inner Mongolia.

“Watch out, or I’ll bury you with money!” yelled a scruffy looking old man at the driver who nearly ran him over, as he carelessly crossed the road while counting a bundle of money drawn from an ATM on the roadside.

President Ts.Elbegdorj convened a national consultative meeting titled “From a Big Government to a Smart Government” two weeks ago.

Mongolia has over 700bn tonnes of oil shale resources, according to research from the mining ministry.

Approximately 650,000 vehicles are registered in Mongolia and over 500, or 75 percent of them, have been used for more than ten years.

In November, Mongolian President Tsakhiagiin Elbegdorj made an official trip to Myanmar as part of his tour of Southeast Asia.

Adventists in Mongolia celebrate the 20th anniversary of the first Adventist baptism in Mongolia in modern times during a ceremony last month at the Central Ulaanbaatar Adventist Church.

New Delhi, India, 4 December 2013 - The day was just breaking as His Holiness the Dalai Lama arrived at the Kempinski Hotel this morning to perform the various preparatory rites for the Vajrabhairava empowerment.

WASHINGTON, Dec. 4, 2013 -- /PRNewswire/ --

SHANGHAI, Dec. 5 (SMM) –

SHANGHAI, Dec. 5 (SMM) – Tianjin Jinhe Bimetal Wire Co. put online its 100,000-tpy aluminum wire rod production line recently, Inner Mongolia Daily reported today.

In the last couple of weeks my winter coat has become necessary and I’m contemplating gloves.

PERTH (miningweekly.com) – Rio Tinto boss Sam Walsh said on Tuesday that the diversified mining group was on track to meet its $2-billion cost cutting target this year, telling an investor seminar in Sydney, Australia, that the company had delivered a $1.8-billion improvement in operating cash costs in the ten months to October.

Plans to cut capital spending 20 pct a year to $8 bln in 2015

SINGAPORE: LifeStyle TV (LSTV), a new male-targeted network, is slated to begin rolling out across the Asia Pacific in early 2014, with carriage deals sealed in Hong Kong, Thailand, Mongolia and the Philippines.

HONG KONG – Mei Ah Entertainment and Playboy Plus Entertainment launches Lifestyle TV (LSTV), the first men's lifestyle TV channel in the Asia Pacific, targeting men aged 18 to 38.

New Delhi, India, 2 December 2013 - A group of 818 Buddhists from Mongolia converged on the Kempinski Ambience Hotel in New Delhi, where they were joined by 60 Koreans and 15 Tibetans to listen to teachings by His Holiness the Dalai Lama.

Aspire Mining ’s ( ASX: AKM ) Ovoot Coking Coal Project in Mongolia continues to draw interest with two non-binding Memoranda of Understanding signed with large Russian buyers for up to 1.3 million tonnes per annum of coking coal.

Thunder Bay, CANADA, Dec 02, 2013 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - TSX Venture),announces that on November 29, it filed its third quarter interim financial statements and MD&A on SEDAR.

Kincora Copper ’s ( CVE:KCC ) latest Induced Polarisation (IP) programme has identified a number of targets at its Bronze Fox project in Mongolia, it said today.

The International Investment Bank and the Trade and Development Bank of Mongolia (TDB) concluded an Agreement on strategic cooperation.

The Chinese government is pursuing policies that will provide relief to struggling coal producers as a result of cheap imports and domestic overproduction.

America’s increasingly active presence in a state historically within Russia’s sphere of influence might actually help solve some of Russia’s most pressing security concerns in Asia.

The past year has heightened some important security landmines in East Asia.

A roundtable meeting on hindering terrorists’ access to explosives through better control of explosive chemical precursors of legal use by industry and agriculture took place in Ulaanbaatar on 29 November 2013 with OSCE support, and financial assistance from the Australian government.

Actor Ahn Jae-mo - best known for playing Kim Doo-han, the gangster-turned-politician in the historical drama “Rustic Period” - revealed a shocking event from his past, which also happened to involve gangsters.

Thousands of facts and figures must be checked to decide who will be crowned World Memory champion of 2013, as England hopes to win its ninth title.

HOHHOT, Nov. 25 (Xinhua) -- Twenty people accused of manufacture and sales of illegal drugs have been arrested in Inner Mongolia Autonomous Region and Shaanxi Province, local police announced on Monday.

MELBOURNE (Reuters) - Chinese companies are on the hunt to buy overseas coal mines as Beijing's switch to cleaner fuels stokes demand for higher-quality coal produced in countries such as Australia, according to people familiar with the firms' strategies.

Well Chinese New Year is still two months away, but anticipation of the Spring Festival Gala has already started.

On November 27, a heavy-haul AC drive electric locomotive developed by China CNR Corporation made its first run.

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Trees whiz by with shoddy wooden houses occasionally interspersed, the railway car is becoming increasingly tepid and I’m keenly aware it’s been four days since our last shower.

Arriving in Ulaanbaatar

Inner Mongolia will not give green light to new projects of industries with severe overcapacity including steel, cement, electrolytic aluminum and sheet glass from November 24, 2013.

A band that channels the sounds and feelings of the plains of Inner Mongolia Autonomous Region, Ajinai will perform at Yuyintang in Shanghai next Friday.

Goldpoly New Energy Holdings Limited said it inked a framework agreement for the acquisition of at least 80% in equity interest in the first batch of solar farm projects of GD Solar Co Ltd, GUODIAN Inner Mongolia New Energy Investment Ltd and Forty-Eighth Research Institute of China Electronics Technology Group Corp. Goldpoly New Energy is a China-based photovoltaic solar farm operator. The price tag for the deal is HKD 100 million or USD 12.9 million.

The launch of a new 8.5 billion yuan ($1.39 billion) terminal at Shenzhen Bao’an International Airport marks this southern Chinese city’s ambition to tap the region’s rapidly growing demand for air traffic.