Mongolia Brief January 28, 2015
Third
Millionth Citizen of Mongolia Born on January 24, 2015 and Declared Today
January 28
(infomongolia.com) On January 28, 2015, the national working group members
comprised of Minister for Population Development and Social Protection
S.Erdene, Minister for Health and Sports G.Shiilegdamba, Advisor to the
President of Mongolia R.Bold, Chairman of National Statistical Office of
Mongolia (NSO) S.Mendsaikhan, Director General of Mongolian National
Broadcaster Ts.Oyundari and Director of the National Authority for Children of
Mongolia I.Narantuya chaired by the Chief of Staff of the President’s Office
P.Tsagaan held its regular meeting and called a press conference regarding the
announcement of birth of the third millionth citizen of Mongolia.
In his statement,
NSO Chairman S.Mendsaikhan announced, “The third millionth citizen of Mongolia
was born on January 24, 2015 and the determination was narrowly calculated per
1,000 births registered throughout the country in January 2015 including total
number of infant birth and mortality rates. The third millionth citizen, a baby
girl was born at the Hospital No.1 in Dalanzadgad Sum of Umnugovi Aimag in the
morning of January 24th, whose parents are father Enkhtuvshin KHATANBOLD and
mother Ganbat AZZAYA”.
The working group
Chairman P.Tsagaan added, “The third millionth baby is a girl, who brought the
next closest children to the hours announced as a twin, and the fact symbolizes
the upbringing not only in her family, but also to the population of Mongolia”.
Welcoming the
third millionth citizen, President of Mongolia Ts.Elbegdorj delivered an
address to the nation of Mongolia at the start of Horse Hours (11:40-13:40) on
January 28, 2015.
On January 24,
2015, a total of 181 newborns were registered throughout Mongolia, whereas a
baby in Sukhbaatar District of Ulaanbaatar as well as a twin in the United
States of America.
The National
Statistical Office of Mongolia registered the first millionth citizen in 1962,
the second millionth in 1988 and the third millionth citizen of Mongolia in
January 2015.
Related:
Mongolia
welcomes three-millionth citizen – Montsame,
January 28
Mongolia's three millionth
citizen born – news.mn, January
28
Family's first baby girl is the 3
millionth citizen of Mongolia – gogo.mn,
January 28
Ganbat
MP receives Board members of Notary Chamber
By B.
Amarsaikhan
Ulaanbaatar,
January 28 (MONTSAME) Head of the Standing committee of Justice D.Ganbat MP
received Wednesday the members of Board of the Notary Chamber.
Chairman of the
Notary Chamber Ms A.Oyunchimeg thanked the Parliament member for receiving them
and informed him that the Chamber is working on a proposal of draft amendments
to the Law on Notary. The amendments will address the issue of transferring
notary services into electronic mode, since all other public services were
re-designed to have online provisions.
Mr Ganbat MP
supported the initiative and promised to cooperate with and include the members
of the Chamber in the working group for developing the draft and preparing it
for the readings.
Mongolia
and Germany state to deepen and continue the collaboration in the defense
sector
January 28
(infomongolia.com) On January 27, 2015, Minister of Defense Ts.Tsolmon received
in his office the Ambassador Extraordinary and Plenipotentiary of the Federal
Republic of Germany to Mongolia, Gerhard Thiedemann.
During the
meeting, parties emphasized on broadening collaboration in the defense sector
and exchanged views on further cooperation issues and its future development
tendencies.
Also, sides
noted that in the frameworks of celebrating the 40th anniversary of the
establishment of diplomatic relations between Mongolia and Germany marked in
2014, several measures were organized in defense sector and one of them was
hosting a joint military exercises in Afghanistan to support peacekeeping
operations that proves how the partnership in the defense sector reached top
level. Moreover, they also underlined that the cooperation in military sphere
keeps a strong position between the two countries and expressed their interests
to deepen and continue the collaboration.
Since 2009,
Mongolia and Germany have been jointly serving in peacekeeping operations in
Afghanistan and since then all-level reciprocal visits, consultative meetings,
staff trainings and field practices have been conducted.
Related:
Defense
Minister meets Ambassador of Germany – Montsame,
January 28
Oyu
Tolgoi wins “Best Responsible Mine” award
Ulaanbaatar,
Mongolia (January 26) (Oyu Tolgoi) - Oyu Tolgoi was last week named
as the Best Responsible Mine at the fifth annual Mongolian Mining
Journal Awards.
The award
recognises how Oyu Tolgoi made the transition from construction to full
capacity operations in a responsible way - placing safety above all else,
maximising long-term benefit for all stakeholders, and protecting the
environment.
Speaking about
the recognition, Andrew Woodley, President and CEO of Oyu Tolgoi said:
“Operating Oyu Tolgoi safely and responsibly is at the heart of everything that
we do. It is testament to the work of the entire team that this has been
observed and acknowledged. This approach not only delivers a globally
competitive business generating value for our stakeholders today, but we will
also leave a lasting legacy for future generations.”
As part of the
transition from construction to steady state operations, over the last two
years Oyu Tolgoi established, and gained certification for, a number of
international standard health, safety and environmental management systems.
Launched in
2011, the Mongolian Mining Journal Awards celebrate the development of the
Mongolian mining sector, with a particular focus on promoting technology,
environmental management and sustainability across the industry. Last year, Oyu
Tolgoi was awarded the Best Green Mine award for its use of
technology and commitment to protecting the environment of the South Gobi.
In her opening
speech at the ceremony, held at Blue Sky Tower, L. Bolormaa, Editor of the
Mongolian Mining Journal said: “These awards are dedicated to all the people
who create things in our industry. 2014 has been a great year of achievements
and successes. All of the nominated companies are not just talking about the
economic crisis, but tackling it.”
This year’s
awards recognised achievements of Mongolian mining companies in five
categories: Best Mine, Best Technology, Best Green
Mine, Sustainable Operations, and Best Responsible Mine.
14
locations at 6 districts to hold Tsagaan Sar Fairs
By Kh.
Kugershin
January 28 (gogo.mn)
During Tsagaan Sar preparations traffic to the markets increase significantly.
In order to
reduce the load at the markets Capital City Governor's Office ordered to open
additional 14 fair locations on the territory of 6 districts.
·
Bayanzurkh District open market at the “SКҮ”
supermarket open space, Wrestlers Palace open space, Tenger Shopping Center
sopen space.
·
Sukhbaatar District open market at Chinggis
Square and Tserendorj Street /South of State Department Store/.
·
Chingletei District open market at open space of
Independence Square and Urt Tsagaan.
·
Bayangol District Lion Tower.
·
Khan-Uul District open markets at Sky Traading
LLC, inside of Home Plaza and Ulaanbaatar Impex LLC.
·
Songinokhairkhan District at Siilber Shopping
Center and Suvdan Center.
Related:
Made in Mongolia 2015
exhibition opens today – news.mn,
January 28
Ministry
of Mining refuses to give explanations
By B. Chimeg
January 28
(gogo.mn) After investigations held twice, the case of SouthGobi Sands former
CEO tax evasion has been transferred to District Criminal Primary Court,
according to the announcement made on January 16th by the State Prosecution
Agency.
On May 3rd of
2012 case against D.Batkhuyag then Head of the Mineral Resources Agency was
raised on possible corruption and misuse of the position in accordance with the
Criminal Code and Justin Kapla, President of SouthGobi Sands LLC on possible
money laundering, tax evasion and corruption conspiring with then Financial
Manager Hilarion Cajucom Jr. The Court hearing of the case has been postponed
for a month period.
B.Batkhuu, Head
of the Policy Implementation Coordination Department at the Ministry of Mining,
said that the matter should be handled in accordance with the international
expertise as the case involves foreign investors and that Ministry of Mining is
not entitled to give explanations on the matter as the case has been investigated
by the prosecutors and experts.
President
Ts.Elbegdorj to hold information session
By U.
Badamtsetseg
(gogo.mn) (Ulaanbaatar)
Jan 28, President of Mongolia Ts.Elbegdorj, paid an official state visit to
Czech Republic upon official invitation by Czech President M.Zeman during
January 18-20.
Later during
January 21-25 he attended the 45th World Economic Forum in Davos, Switzerland
and came back to Mongolia yesterday.
President
Ts.Elbegdorj is to conduct information session at Government Building today at
11.20AM.
Discussions
on Nalaikh and Baganuur status
By B. Nyamdari
(gogo.mn) (Ulaanbaatar)
Jan 28, discussions on changing status of Nalaikh and Baganuur districts into
city to be hold at 10AM today at Crystal Hall in Blue Skye Tower.
Discussions
will be attended by E.Bat-Uul, Ulaanbaatar city Mayor and Capital City
Governor, Yo.Gerelchuluun, Head of the Capital City Government, N.Natsagdorj,
Head of the Capital City Planning Department and officials of Nalaikh and
Baganuur Districts.
The public vote
for change of district status to city was held on January 21st with the
results:
Nalaikh: The district has
population of 34,575 residents with 19,535 voting rights. The attendance at the
voting was at the 62.3 percent or 12,180 Nalaikh residents participated.
Out of total voters 96.1 percent or 11,708 voted for changing the status into
city. While 3.1 percent or 374 residents voted against and 0.8 percent or 98
votes were void.
Baganuur: The district has population of 16260 voting rights. The attendance at the voting was at the 77,85 percent or 12659 Baganuur residents participated. Out of total voters 95,76 percent or 12094voted for changing the status into city. While 4,2 percent or 532 residents voted against and 0,1 percent or 32 votes were void.
Baganuur: The district has population of 16260 voting rights. The attendance at the voting was at the 77,85 percent or 12659 Baganuur residents participated. Out of total voters 95,76 percent or 12094voted for changing the status into city. While 4,2 percent or 532 residents voted against and 0,1 percent or 32 votes were void.
PM
Ch.Saikhanbileg to have live interview on MNB
By E. Orgil
(gogo.mn) (Ulaanbaatar)
Jan 28, Today at 9PM Prime Minister of Mongolia Ch.Saikhanbileg is to have live
interview on Mongolian National Broadcasting.
The interview
is to be hosted by journalist B.Oyunchimeg touching on the current social and
economic situation in Mongolia.
Hepatitis
C drug registered in the Mongolian Drug Register
By E. Enkhmaa
January 28
(gogo.mn) Sofosbuvir to treat the Hepatitis C infection has been officially
registered in the Mongolian Drug Register almost after a year of delays. We
have interviewed former Deputy Minister of Health and current City Council
Representatives member, Head of the Food Safety and Health Standing Committee
at the City Council J.Amarsanaa.
Sofosbuvir tablets are now available for
the public?
Yes, it is now
available, but under supervision of a physician. Minister of Health and Sports
G.Shiilegdamba played important role in registering this drug.
I am very glad
that patients with Hepatitis C are now available to get effective treatment.
Drug Council has approved the registration of this drug yesterday.
What will be the price the treatment?
The price for
this drug has been politicized a lot. Three-month treatment is USD 900 and
six-month treatment is USD 1800. Mongolian patients are identified to mostly
have one B genotype hepatitis C virus, which is mostly cured over six-month
treatment.
But the
treatment varies greatly depending on the individual cases. There are only two
types of treatment drugs available: Peginterferon injection and Ribavirin
tablets, combination of which have 76 percent success results.
How many patients are there in Mongolia?
There are
around 450K patients with hepatitis C infection, but the first patients to
receive the drug are to be critical patients. We have to prioritize the
patients. Some might be confused as if thou there are only one treatment
drug. There are many other drugs with similar treatment qualities and
even higher. What is important here is to introduce those higher
efficiency drugs into Mongolian market as well. It is time to discuss the
policy on treatment of patients with hepatitis C.
Does it mean that patients can order this
drug?
Orders are to
be received at the distributor company. Drugs to be supplied in accordance with
orders made, so it might take some time. The producer Glead Science is offering
their drug with special pricing only for the Mongolian market, while in USA it
is supplied with price tag of USD84K per treatment course.
Therefore,
Glead Science is strictly requiring us to only use it within Mongolia, as it
supplies the same drug with other pricing to the neighboring Russia and China.
Effectiveness of this drug has been reported to be high as over 80 thousand
patients have been cured after using the drug.
National
Program to Reduce the Hepatitis C Infection in Mongolia has been discussed
multiple times at the Ministry of Health. There is need to continue the
discussions and pay attention on registration of drugs, without politicizing it
much.
Is there possibility to include this drug
into health insurance and insurance plans?
It is possible.
During my post as Deputy Minister of Health I have inquired about the
possibilities with Minister of Population Development and Social Welfare
S.Erdene. He was supportive of the idea and ready to cooperate.
There
is no legislation limiting convicted individuals to hold managing positions
By B. Nyamdari
(gogo.mn) (Ulaanbaatar)
Jan 28, President of Mongolian Olympic Committee (MOC) D.Zagdsuren made an
announcement today in reply for the requests from Sports Federation Leaders to
resign from the post.
In his
announcement D.Zagdsuren said that he is leading the Mongolian Olympic
Committee for 12 years and Independent Agency Against Corruption (IAAC) has
investigated on possible money laundering for one year's period since February
2013 and concluded that:
1. No
embezzlement of money occurred at both MOC and IOC
2. Athletes
Rehabilitation Center building was not built with funds from MOC
3. Conviction
of imprisonment for 3 years and deprivation of rights from the post for 2 years
due to the abuse of the power and illegal transfer of the land under MOC to
Niislel Urgoo LLC, which was pardoned in accordance with Pardon Bill of 2009.
Further he
acknowledged that it was his fault that he overlooked the transfer of land
issue to go through the Executive Council and the land has been transferred
back under MOC with court ruling.
Also he denied
claims that IOC allocates USD 200,000 every month to MOC, as the annual
allocation from IOC equals to USD 300,000, which are directed to fund the
administrative costs, projects and programs.
We clarified on
the following issues from President of MOC D.Zagdsuren.
Leaders of Sports Federations have signed a
petition for the President. What are your stances on this matter?
Most of the
Sports Federations out of 19 that have signed on the petition are not members
of MOC, therefore their petition is not valid.
They were claiming that there are no
ethical grounds for you to lead the MOC?
In the MOC rule
there is not provision that limits convicted individuals to hold managing
position. Last year IOC investigated on this matter and came up with conclusion
that it doesn't contradict any IOC rules. This is I believe the final
conclusion.
Do you suspect any conflict of interest or
fabricated rumors behind the representatives of the Sports Federations?
I do not know
about that.
Thank you.
President
Ts.Elbegdorj named 3 millionth citizen Mongoljin
By E. Enkhmaa
(gogo.mn) (Ulaanbaatar)
Jan 28, President of Mongolia made a phone call to the happy couple on the new
addition, a 3 millionth citizen of Mongolia, to congratulate on the happy
occasion.
President
congratulated the parents of baby girl E.Khatanbold and G.Azzaya on their new
bundle of joy and on the request from parents named 3 millionth citizen MONGOLJIN.
Related:
Three-Millionth
citizen of Mongolia given name "Mongoljin" – Montsame, January 28
Mongolia
Holdings, Inc. and Xacbank of Mongolia Announce Financing for Equipment Fleet
Purchases
January 28
(infomongolia.com) On January 27, 2015, Mongolia Holdings, Inc. (OTCQB:
"MNHD") announced that through its wholly owned Mongolian
subsidiaries HERC, LLC & Equipment Rental, LLC, it has entered into a master
loan agreement with XacBank (Khas Bank) for a 10 million USD equipment
financing transaction (or the equivalent in local currency) for its Hertz
Equipment Rental franchise operations in Mongolia.
This financing
represents the first 10 million USD tranche of a proposed 40 million USD
line-of-credit arranged by XacBank.
XacBank is the
flagship company of Tenger Financial Group, and the XacBank is one of
Mongolia’s largest banks, serving retail customers, small and medium-sized
businesses as well as large corporations. It operates in all 21 provinces
(aimags) and the capital city serving more than 700 thousand customers through
its nationwide network of branches. The Bank aims to create a sustainable value
for its shareholders and institutional investors, while promoting a
triple-bottom line vision and mission built around “Planet, People and Profit.”
CEO of MNHD,
Gary Kucher stated, “This culminates over three years of planning, due
diligence, hard work and execution. I want to personally thank all of the
representatives of XacBank and Hertz, together with our management team,
employees and stakeholders, as this completes a truly historic milestone for
the Company and a significant corporate financing within Mongolia. This credit
facility allows the Company to further execute its business plan, and we
anticipate announcing additional progress in the near term. We look forward to
working together and forging a longstanding, mutually successful relationship
with both Hertz and XacBank that will continue to build value for our
stakeholders”.
Via the capital
markets, Mongolia Holdings plans to explore sourcing additional funding to be
used for the set-up of its equipment maintenance facilities, build-out of its
mobile services vehicles, new employee training and to fund on-going
operations. While the Company is confident in realizing its goals, it offers no
assurances that it will be successful in obtaining this additional funding.
Allen Anderson
and Joe Yuen from Peace Field Ltd of Hong Kong served as financial advisors to
Mongolia Holdings.
Annual
Coal Mongolia, International Conference and Exhibition to Take Place in UB on
April 09-10, 2015
January 28
(infomongolia.com) The “Coal Mongolia” an International Conference and
Exhibition for Coal Investors has been expanding rapidly every year and this
year’s edition is being hosted with the support of the Government of Mongolia,
which is scheduled to take place at the “SS” Convention Center in Ulaanbaatar
on April 09-10, 2015.
The primary
objective of this event is to bring international investors into the coal
sector of Mongolia; to introduce the most advanced, environmentally friendly
technologies in coal mining sector; to create a mutually beneficial partnership
that will strengthen Mongolia’s competitiveness in Asian region.
This year's
“COAL MONGOLIA-2015” International Conference and Exhibition is celebrating its
5th anniversary and commemorates the 5th edition of the first international IPO
that attracted the first investment in coal sector.
www.InfoMongolia.com
has been actively collaborating with organizers of this international event as
a local media partner and for more information please visit www.coalmongolia.mn.
MP
meets Ministry of Energy reps
By B.
Amarsaikhan
Ulaanbaatar,
January 28 (MONTSAME) Head of the Standing committee on Economy J.Batsuuri MP
held a meeting with representatives of the Ministry of Energy on January 27.
In the
beginning of the meeting, the vice Minister of Energy O.Purevbaatar gave
information about the current state and future perspectives of the energy
sector, and about the large constructions. According to him, the wintering
preparation has been satisfied fully throughout the country, and the basic
structure of power stations are 100 percent operational. In a scope of the
policy for the construction and industrial development, the Government should
consider the increasing demand of energy in a policy-making level, should make
proper investment into the technological renovations, and should commence the
implementation of major energy programs, he said.
Mr Purevbaatar
also mentioned that few programs of energy sector have been realized
efficiently.
The Minister of
Energy D.Zorigt said that occupational safety is a priority in energy
production, and that however most of the equipment are very aged technologies.
Therefore, immediate renovation in technology, meeting the ever-increasing
(8-10 percent increase a year) demand of energy, and immediate actions towards
reducing the deficit of the sector are required, he added and expressed his
hope that the Standing committee will collaborate on such matters.
After this,
head of the Standing committee on Justice J.Batsuuri MP promised to make
efforts to settle the pressing issues of the energy sector. It is appropriate
to give certain significance to the sector, however the price increase is not
the best option, he noted. “Highly experienced professionals of this sector
must seek modern and approaches in resolving the problems” he added.
P.Tsagaan
meets Kyrgyz delegation
By B. Khuder
Ulaanbaatar,
January 28 (MONTSAME) Head of the Presidential Office of Mongolia P.Tsagaan
Wednesday received journalists and NGO delegation from the Republic of
Kyrgyzstan.
Beginning the
meeting, Mr Tsagaan expressed his satisfaction with meeting the delegation from
Kyrgyzstan, being coincided with welcoming the three millionth citizen of
Mongolia.
The Kyrgyz
delegation requested Mr Tsagaan to convey a letter to the President
Ts.Elbegdorj from Ms Roza Otunbayeva, a former President of Kyrgyzstan.
At the meeting,
the parties touched upon issues of the population growth, life expectancy, the
women’s role in political life, the migrants in Mongolia as well as a
development of Mongolian movies.
After the
meeting, the delegation got acquainted with activities of the Civil Hall at the
President, and they are interested in the civil participation in the budgetary
expenses in localities and a development of direct democracy in Mongolia.
Academy
of Sciences and MSU to cooperate
By B.
Amarsaikhan
Ulaanbaatar,
January 28 (MONTSAME) A memorandum of Understanding was signed Wednesday
between the Academy of Sciences and the Mongolian State University regarding
the cooperation in being involved in settlement of the country’s pressing
economic and social situations, in conducting professional researches, and in
coordinating the study and research works of universities, as well in preparing
researchers and academicians.
The document
was inked by the chairman of the Academy of Sciences academician B.Enkhtuvshin
and the director of the MSU R.Bat-Erdene Ph.D.
Through
establishing such MoU, the Academy and the University will be collaborating on
surveys and researches, developing action plans, implementing projects and
frameworks, and have as much involvement as possible in the state-run
educational programs. The sides also agreed to set up academic database, and to
publish Mongolian versions of internationally respected scientific journals.
Shooter
Ch.Narantuya wins silver medal in Grand Prix
By B. Khuder
Ulaanbaatar, January
28 (MONTSAME) An international master of sports and gold medalist of Asian
Games Ch.Narantuya has won a silver medal in the International Shooting Grand
Prix tournament named after Emir of Kuwait continuing in Kuwait.
She captured
the medal on the second day of the tournament on January 25 with 418.2 points
at the final round, competing in the women’s 10 m air rifle contest. A gold
medal went to a Serbian shooter Andrea Arsovic, and a Singaporean shooter
received a bronze medal in the contest. Another Mongolian D.Lhamsuren (410.0
points) IMS took 9th place, and Z.Batkhuyag IMS (409.4 points)--13th place in
the women’s air rifle contest.
Apart from
them, the national team of Mongolia has included a State Honored Sportswoman
O.Gundegmaa; IMSs L.Uranzaya, E.Davaakhuu, Z.Namduun, B.Namuunzul and
D.Lhagvasuren.
The
competitions will last until January 31.
Ulaanbaatar
Cultural Days continue in Taipei
January 28
(news.mn) Ulaanbaatar Cultural Days are now taking place in Taipei and Khulani
in Taiwan. The event is being organized at the initiation of the Taiwanese
Abbot of Vandana Monastery, the poet Yu Si, the Trade and Economic Representative
Office of Ulaanbaatar in Taipei, the Ulaanbaatar Mayor’s Office, and the and
Cultural and Art Office of Ulaanbaatar.
A concert by
the ensemble “Ulaanbaatar” included long songs, throat songs, and Mongolian
folk dance, followed by a classical art performance entertained audiences at
the Ulaanbaatar Cultural Days. The 1,250 seat auditorium was full for the
performance.
Taiwanese
attendees once imagined Mongolia as simply a steppe country with people riding
horses, but the Ulaanbaatar Cultural Days have given them a better look at the
city, and many want to visit.
Traffic
Coordination During Tsagaan Sar
By Kh.
Kugershin
January 28
(gogo.mn) It is almost a tradition that Ulaanbaatar city traffic jams increase.
There are over
340 thousand vehicles registered, which is the 69 percent of the total vehicles
registered nationwide in Mongolia. Moreover, traffic in and out of the city
counts to 30,000 during Tsagaan Sar days from the countryside.
If no
regulations are made there is high potential for increased traffic jams in the
Ulaanbaatar city, locking the vehicles on the roads for several hours.
Following vehicle regulation is to be done during the Tsagaan Sar period based on the license place numbers.
Following vehicle regulation is to be done during the Tsagaan Sar period based on the license place numbers.
·
Vehicles with license plate numbers ending
with 0, 2, 4, 6, 8 are available on Saturdays of January 31st,
February 7th and 14th from 10AM to 8PM.
·
Vehicles with license plate numbers ending
with 1, 3, 5, 7, 9 are available on Sundays of February 1st, 8th and
15th from 10AM to 8PM.
Moreover the
change in restrictions will apply to the current restriction zones in the UB
city, for instance, main road from Sapporo junction all the way to the 5 Shar
junction is to be included in the restriction zone and more:
-In Chingeltei
District road leading north from the SE junction of Khuchit Shonkhor market all
the way to the Flood Dam junction, road leading east from the Flood Dam to
Sudalt Center are to be regulated as one way from 8AM to 17PM.
-At the bigger
markets additional traffic regulative staff to be appointed at the parking lots
in accordance with the MOU with UB city Mayor's Office.
-To reduce the
traffic load vehicles with over 5tons of weight are to be restricted from 7AM
to 10 PM on the south road leading from Chuluun Ovoot to Narantuul market.
Gatsuurt
Deposit to accumulate MNT 660 billion at the state budget
By U.
Badamtsetseg
January 28
(gogo.mn) Gatsuurt deposit discussions were held at the State Great Khural
whether to include it into the strategic deposit list and the deposit was
approved to be included in the list.
During the
Transparency and Mining briefing held by Ministry of Mining information session
was conducted on Gatsuurt Deposit.
Gatsuurt
deposit proven reserves are at 50 tons of gold and profitable effect reserves
are calculated to be 25 tons, which fully complies to requirements for
Strategic Deposit.
Mining license
holder Centerra Gold LLC have got Gatsuurt Deposit Reserve Report approved in
2013 and Feasibility Study in 2014 by the Mineral Resources Council and the
deposit is ready for the mining.
The
exploitation of this deposit will create over 1000 jobs, development of the
infrastructure and is expected to accumulate MNT 660 billion at the state
budget.
Gold mined from
this deposit if submitted to Bank of Mongolia, has potential to increase the
Mongolian Treasure fund and have significant effect on balancing the exchange
rates according to the Minister of Mining.
Third
Millionth Citizen of Mongolia Given Name - Mongoljin by President Ts.Elbegdorj
January 28
(infomongolia.com) Today on January 28, 2015, the third millionth citizen of Mongolia
was officially announced and after delivering an online greeting, the state
head of Mongolia Ts.Elbegdorj made a phone conversation with the baby girl’s
father E.Khatanbold and mother G.Azzaya to congratulate on the occasion, which
was expected to date throughout the country.
President
Ts.Elbegdorj extended his profound congratulations to parents of the third
millionth citizen and wished may the daughter fills their life with joy and
love. Moreover, upon the request of a young couple, the President of Mongolia
gave a name - MONGOLJIN to the millionth citizen of Mongolia.
Related:
3 millionth citizen baby girl Mongoljin
– gogo.mn, January 28
MNT
70K incentive for every ton of grain
By D. Tuguldur
January 28
(gogo.mn) Aa of 2014 Mongolia has harvested 518,7 thousand tons of crop from
315,8 thousand hectares, of which:
·
489,4 thousand tons of grain,
·
164,0 thousand tons of potato,
·
102,2 thousand tons of vegetables,
·
51,7 thousand tons of oil crop,
·
40,3 thousand tons of fodder.
16,6 centners
of crop from one hectare as national average, of which:
·
16,9 centners of grain,
·
123,2 centners of potato,
·
122,9 centners of vegetables,
·
24,5 centners of fodder,
·
6,4 centners of oil crop.
As a result of
the subsidies policy started back in 2007 for the quality grain supplies for
the domestic flour producers six years in a row the crop harvest have been
increasing, leading to the improvement in soil processing, fertilization and
technical equipment supply.
Cabinet session
has decided to subsidize every ton of grain supplied to the Crop Development
Fund with MNT 70,000 for this year on January 26th.
Flat
to Be Given to Three-Millionth Citizen
By B. Khuder
Ulaanbaatar,
January 28 (MONTSAME) The three-millionth citizen of Mongolia who was born on
January 24 will receive an apartment costing MNT 70 million.
A decision on
it was made by the cabinet in its irregular meeting held Wednesday in
accordance with a governmental resolution. Accordingly, the apartment will be
awarded to a girl named Kh.Mongoljin born to the family of E.Khatanbold, the
father, and G.Azzaya, the mother.
In addition, a
single-benefit allowance of MNT 3 million will be given to 181 children each
who were born nationwide on the same day of the three-millionth citizen’s
birth.
An event will
take place on January 30 in the Palace of Mongolian Children for glorifying the
three-millionth citizen of Mongolia.
Vice
FM Meets Ambassador of Turkey
By B. Khuder
Ulaanbaatar,
January 28 (MONTSAME) The Vice Minister of Foreign Affairs N.Oyundari Wednesday
received Mr Murat Karagoz, the Ambassador Extraordinary and Plenipotentiary of
the Republic of Turkey to Mongolia.
The sides have
exchanged views on a present situation of the bilateral relations and
cooperation, and a further development. They also talked about implementing a
visit of the Mongolia’s Premier to Turkey and co-organizing a meeting of the intergovernmental
committee for the trade and economy and a regular political consultative meeting
between the Ministries of Foreign Affairs in Ulaanbaatar.
Mentioning that
the Mongolia-Turkey cooperation has been boosting in the education sector, the
Vice Minister underlined an importance of seeking an opportunity to deepen the
bilateral trade and economic cooperation.
Then Ms Oyundari
put forward proposals to the Turkish side to update credit terms of soft-loans
to be granted from the Turkey’s government and to collaborate in realizing the
biggest projects within the Turkish International Cooperation and Development
Agency (TIKA).
Freestyle
Wrestlers to Compete in Europe
By B. Khuder
Ulaanbaatar,
January 28 (MONTSAME) Freestyle wrestlers of the national selected team will
take part in several tournaments in France and Austria.
First, women
wrestlers E.Narangerel (48 kg), P.Orkhon (55 kg) and S.Tserenchimed (63 kg)
will participate in the Grand Prix tournament to be held from January 31 to
February 1 in Paris, France.
After this
tournament, they will attend an international joint training at the “Insep”
Olympic center.
On February
2-6, the wrestlers will participate in the “Flatz Austria Open” tournament in
Volfurt city, Austria. They are coached by B.Batbayar, chief coach of the women’s
selected team for freestyle wrestling.
ADB,
Mongolia Sign $2.4 Million in Grants from Japan for Forests and Peatlands
January 28
(ADB) ULAANBAATAR, MONGOLIA – The Government of Mongolia and the Asian
Development Bank (ADB) have signed letters of agreement for two technical
assistance projects to establish sustainable forest management and improve
management of peatlands in Mongolia. The projects, totaling $2.4 million, are
financed by grants from the Government of Japan through the Japan Fund for
Poverty Reduction (JFPR).
Minister of
Finance Jargaltulga Erdenebat; and Minister of Environment, Green Development
and Tourism Oyunkhorol Dulamsuren participated in the signing ceremony on
behalf of the Government. ADB was represented by Ayumi Konishi, Director
General of the East Asia Department. Shinichiro Hayashi, Counsellor, and
Hiroshi Fukasawa, First Secretary, from the Embassy of Japan in Mongolia also
participated in the event.
The sustainable
forest management project will benefit five districts in northeastern Mongolia.
Rising temperatures from climate change together with the large amounts of
deadwood in the forest put these areas at risk of forest fires, which claim
about 60,000 hectares of the country’s 10.8 million hectares of forest cover
each year.
The $2 million
JFPR project will “develop capacity for sustainable forest management from
ministry to local levels,” Mr. Konishi said in a speech at the signing
ceremony. “It will develop capacity of community-based forest user groups, in
particular women, on forest management to improve their livelihood.”
The project
will provide assistance to agencies managing forests, and to the forest
communities that will derive income from activities that build climate
resilience of the forest ecosystems. It will use technical skill training and
pilot technical approaches to improve the access of forest user groups and
households to income-generating activities.
The other JFPR
project—backed by a $400,000 grant—focuses on peatlands, the last wet habitats
in a major part of the country. They present a host of benefits such as
maintaining wet habitats and pastures, feeding rivers, preventing soil erosion,
maintaining levels of groundwater necessary for forest and crop growth, and
keeping wells full of water. During dry periods, which may continue for years,
the moisture preserved in peatlands is a source of life and a barrier to
desertification.
However,
information regarding peatlands in Mongolia is insufficient and poor,
contributing to the lack of attention given to them in national development
plans, and consequently the absence of action to arrest peatlands degradation.
Through the
project, ADB will work with the Government of Mongolia to “boost capacity of
key stakeholders and improve the planning and implementation framework for
peatland restoration and management in Mongolia,” Mr. Konishi said. “A notable
output of the JFPR-funded peatlands project is the development of a draft
action plan with priorities for sustainable peatland management.”
ADB, based in
Manila, is dedicated to reducing poverty in Asia and the Pacific through
inclusive economic growth, environmentally sustainable growth, and regional
integration. Established in 1966, it is owned by 67 members—48 from the region.
Stock
Exchange News for January 28
By B. Khuder
Ulaanbaatar,
January 28 (MONTSAME) At the Stock Exchange trades on Wednesday, a total of
4,853 units of 25 JSCs were traded costing MNT 22 million 240 thousand and
914.00.
"APU”
/2,796 units/, “Bayalag nalaikh” /1,000 units/, “Makh impex” /370 units/,
“Material impex” /106 units/ and "Gobi” /104 units/ were the most actively
traded in terms of trading volume, in terms of trading value were "APU”
(MNT nine million 798 thousand and 100), "Material impex” (MNT one million
and 547 thousand), “Makh impex” (MNT one million 239 thousand and 500),
“UB-BUK” (MNT one million and 093 thousand) and "Gobi” (MNT 748 thousand
and 800).
The total
market capitalization was set at MNT one trillion 378 billion 115 million 129
thousand and 481. The Index of Top-20 JSCs was 14,316.43, decreasing 99.97
units or 0.69% against the previous day.
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