Thursday, August 28, 2014

Mongolia Brief August 27, 2014 Part III

Mining Minister: About Oyu Tolgoi You will Lean Next Month
By B. Amarsaikhan
Ulaanbaatar, August 27 (MONTSAME) it was sounded on August 27 at the traditional "Open mining' conference for the media.

Before its break, a spring session of the State Great Khural (parliament) adopted laws on petroleum and on minerals, "which has created a more comprehensible and more stable legal environment in the mining sphere," the Minister D.Gankhuyad said. Some works have already started but the regulations on implementing these acts have not been issued yet, "and this makes foreign investors wait". To improve the situation, a group has been formed which has been working on seven regulations, three drafts of agreements and one set of rules, he said. Regarding the law on petroleum, other regulations and rules are being elaborated, he added.        
17 out of 21 agreements proposals on exploration are about coal bed methane gas exploration, "so such agreements are expected with “Erdenes Tavantolgoi” and “MAK” (Mongol Alt Corporation) prior to others,” he said.
Other topics the Minister touched upon were about 106 exploration and exploitation licenses and the Ouy tolgoi ground mine. "Responsible parties will conclude by this September 30 a discussion over the financing of this mine, two questions awaiting their solution--the feasibility study of the mine, which must be worked out by the OT company and considered by the Minerals professional council, and OT's tax problem, which has been considered by a related body," he said. 

About Statistics of Mining Sector
By B. Khuder
Ulaanbaatar, August 27 (MONTSAME) In the first seven months of this year, Mongolia produced 565.7 thousand tons of copper concentrate, exploited 12.6 million tons of coal, 4.3 tons of gold and 222.9 thousand tons of fluorspar.  
Moreover, the country produced 3.7 million tons of iron ore, 56.4 thousand tons of zinc concentrate and exploited 4.0 million barrels oil.
Against the same period of 2013, the exploitation of copper concentrate increased 45.4%, iron ore--by 18.0%, fluorspar--by 51.9% and oil--by 53.9%.
Mongolia exported 10.4 million tons of coal, 703.9 thousand tons of copper concentrate, 1.8 thousand tons of molybdenum concentrate, 176.6 thousand tons of spar, 3.1 million tons of iron ore, 53.2 thousand tons of zinc, and 3.8 million barrels of oil.
The coal export rose by 25.8%, oil--by 45.7% and copper concentrate--twice against the export size of 2013. Thus, money of 624.7 billion has been placed in the state budget by the mining sector. 

Civilians to Spend Their Eco-Holidays at Khui Doloon Khudag Every Weekend
August 27 ( As part of celebrations the 375th anniversary of the capital city in 2014 and Friendly Ulaanbaatar Program implementation, the UB Administration is organizing "Healthy Citizen - Eco Development" program in two stages.
The first phase is a Bicycle Tour-Holiday at Khui Doloon Khudag, Tuv Aimag from August 30 to September 28, 2014 and the second is Snow Festival from December 01 to March 13, 2015.
In the scope of the first program, bicycle tour, sales, renting, repair shop as well as other sporting activities will be organized such as bicycle x-treme sporting, street basketball, sand volleyball and a mini-park for children on every weekend between 10 o’clock in the morning and 08:00 pm.
Moreover, free-buses will be serving from State Academic Drama Theatre to Khui Doloon Khudag every two hours and the opening ceremony will be held at 11:00 am on August 30, 2014.
Bicycle trips on weekendsMontsame, August 27

Altanbulag-Zamiin Uud Highway plans move forward
August 27 ( Mongolia and China announced the launch of the “Steppe Road” project during Chinese President Xi Jinping's state visit to Mongolia last week.
The foundation of the “Steppe Road” project will be laid in September. This will be the start of a massive project to build a highway that connects Altanbulag-Zamiin Uud.
Chinggis Land Development Group-New Development Road partnership was selected for project coordination of the 1,000 km highway construction project to be complete in two to three years. Mongolia joined the Asian Highway Network, signing the Intergovernmental Agreement on the Asian Highway Network with members of the United Nations Economic and Social Commission for Asia and the Pacific, on April 26, 2004.
 The Asian Highway Network, or the Great Asian Highway, is a 141,000 km network of roads running across 32 countries. Mongolia will be responsible for building roads on AH3, AH32 and AH4 within its territory.
The previous Government of Mongolia and State Property Committee announced an open tender for the Altanbulag-Zamiin Uud highway project on AH3 of the Asian Highway Network in 2011. Chinggis Land Development Group-New Development Road was selected from a number of national and foreign companies and banking financial institutions.
As the project coordinator, Chinggis Land Development Group signed a concession contract on the highway's construction. This means the group will be the owner of the highway from 2015 to 2040. The project coordinator will transfer the road's ownership to the State in 2040 according to the concession contract.

D.Sumiya makes it to WJC semifinals
August 27 ( Mongolian judoka IM D.Sumiya made her way to the World Judo Championship semifinal in the 57 kg event, defeating Hungarian Hedvig Karakas with a waza-ari score on the third day of the competition in Chelyabinsk, Russia.
D.Sumiya will now face Brazilian Rafaela Silva.  WJC's 2013 gold medalist and 2011 bronze medalist Rafaela Silva leads the ะก division.
IM D.Sumiya was ranked in the quarterfinal, defeating Israel's Camila Minakawa and Hungarian Hedvig Karakas to proceed to the semifinal.

S.Nyam-Ochir and Kh.Tsagaanbaatar leave WJC
August 27 ( Today is the third day of the 2014 World Judo Championships in Chelyabinsk, Russia.
Over 750 judokas from 120 countries are competing in seven men's and women's weight categories and team events.
Currently, medal winners have been declared in the in men's 60 kg and 66 kg events and in the women's 48 kg and 52 kg events.
Today, winners in the men's 73 kg and women's 57 kg events will be named.
World champion, Olympic bronze medalist, Labor Hero of Mongolia, and State Merit Athlete Kh.Tsagaanbaatar competed in the men's 73 kg event, State Merit Athlete S.Nyam-Ochir competed in the 57 kg event, and IM D.Sumiya competed in the women's 57 kg event.
S.Nyam-Ochir avoided facing his first rival in a bye and went on to defeat a Canadian judoka with a yuko score in the second round.  He then lost to Japan's Shohei Ono by penalty and ended his bid for a tournament medal.
In the men's 73 kg event, Mongolian judoka Kh.Tsagaanbaatar lost by a waza-ari score to Russia's Musa Mogushkow, ending the tournament for him on the third day.

FISU Steering Committee meeting begins
By B. Khuder
Ulaanbaatar, August 27 (MONTSAME) A regular meeting of the International University Sports Federation’s (FISU) Steering Committee kicked off Tuesday in Ulaanbaatar city.
The Minister of Culture, Sport and Tourism Ms Ts.Oyungerel addressed the FISU Steering Committee meeting. Ms Oyungerel expressed thanks to the FISU for organizing its Steering Committee meeting in Mongolia, and underlined that it was an expression of widening of the Mongolian external ties in sport sector. She also noted that Mongolia has an ambition to host the Summer Universiade of 2033,"it coincides with our President's appeal to host the 2040 Summer Olympic Games".
The Minister said Ulaanbaatar will host university world and Asian championships for some kinds of sports, for instance, Mongolia has got a right to organize the 2016 World University Archery Championship.
The meeting brought together Claude-Louis Gallien (France), the FISU president; O.Matytsin (Russia), the first deputy president of the FISU; S.Berg (Sweden), L.Kabral (Brazil), Zhang Xinsheng (China) and Leonz Eder (Switzerland), the FISU vice presidents; and other high-level officials.
Agendas of the Steering Committee meeting are strategy, policy and activities of university sports, outcomes of university games and championships, planning and monitoring issues, preparation for the 2015 FISU General Assembly, the FISU financial matter, resolving ongoing problems, agendas for the next Steering Committee’s meeting and their orders.
The meeting will continue until Thursday.

Mongolia-Hungary business forum to run
By B. Khuder
Ulaanbaatar, August 27 (MONTSAME) A Mongolia-Hungary business meeting will be held September 5 in Ulaanbaatar.
Co-organized by the National Chambers of Commerce and Industry of the countries, the upcoming business forum will be attended by business delegates for infrastructure, logistics, defense, IT, energy, agriculture, wood manufacture and construction sectors such as Road Master Group, HM Electronics, Aquaprofit Company, Envirosan DC, Herczeg and Partner Ltd, Perfekt Motor Ltd and others.

Will UB host Universiade-2033?
By B. Amarsaikhan
Ulaanbaatar, August 27 (MONTSAME) The Mayor of the UB city has received Claud-Louis Gallien, a president of International University Sports Federation (FISU). 
He expressed an interest in organizing Universiad-2033 festival in Mongolia. It is a common standard of big cities to organize Universiade, prior to obtaining the right to become the Olympic Games host city. For example, Moscow after Universiad-1973 organized 1980’s Olympic Games, Beijing also got the right to organize the 2008 Olympic Games after hosting Universiade-2001.
So, this event has become a criterion for selection of the host city of Olympics. It can be said that the preparation for hosting the Universiade-2033 in our capital city has begun as the regular meeting of FISU steering committee is taking place here. The meeting is to complete on August 28.

Training on combating doping to be held
By B. Khuder
Ulaanbaatar, August 27 (MONTSAME) A training for journalists entitled “Anti doping actions” will be held Thursday in the headquarters of the Mongolian National Olympic Committee (MonNOC).
This training is held in a scope of the “Anti doping activities in Mongolia” project implemented by the Ministry of Culture, Sport and Tourism, with a financing from the Fund for Combating Doping in Sports at the UNESCO.
It is expected the training will attract some 40 sport journalists from over 20 organizations.

Stock Exchange news for August 27
Ulaanbaatar, August 27 (MONTSAME) At the Stock Exchange trades on Wednesday, a total of 12 thousand and 074 shares of 12 JSCs were traded costing six million 010 thousand and 035.00 togrog.
"Genco tour bureau” /10 thousand and 010 units/, “Tavantolgoi” /470 units/, “Kherlen khivs” /442/, “E-trans logistics” /441/ and "Merex” /300 units/ were the most actively traded in terms of trading volume, in terms of trading value were "Tavantolgoi” (MNT two million 373 thousand and 500), "Talkh chikher” (MNT one million 999 thousand and 500), "Genco tour bureau” (MNT 860 thousand and 870), "Gobi” (MNT 421 thousand and 200) and "Baganuur” (MNT 107 thousand and 400).
The total market capitalization was set at MNT one trillion 615 billion 694 million 233 thousand and 221. The Index of Top-20 JSCs was 15,767.30, decreasing 10.87 units or 0.07% against the previous day.
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