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Showing posts from February, 2012

Prophecy Coal Celebrates TSX Listing by Opening the Market With Special VIP Guests, Including the Mongolian Ambassador to Canada, and Exclusive Reception to Follow

VANCOUVER, BRITISH COLUMBIA, Feb 27, 2012 (MARKETWIRE via COMTEX) -- Prophecy Coal Corp. ("Prophecy" or the "Company") CA:PCY -1.00% (otcqx:PRPCF)(frankfurt:1P2) is pleased to announce the Company will be holding its official TSX listing ceremony at the TMX Broadcast Centre in Toronto, Ontario on Monday, February 27th beginning at 9:00 am EST. Mr. John Lee, Chairman and CEO of Prophecy, will open the market at 9:30 am EST along with Prophecy personnel, members of the Board and senior representatives from the TMX Group.

Mongolian judo wrestlers receive four medals at World Cup events

Male and female Mongolian judo wrestlers won a combined four medals at their respective World Cups, held February 25th to 26th.

Magnitude 6.8 quake hits Siberia near Mongolia border

(Reuters) - A strong 6.8 magnitude earthquake hit Russia's southeastern and sparsely populated region of Tuva on Sunday, shaking residents near the Mongolian border from their sleep, but there were no immediate reports of injuries or damage.

Researchers find Great Wall section in Mongolia

An international expedition to Mongolia says an ancient wall made from earth and wood in the Gobi desert is part of China's Great Wall.

World Bank economic report says Mongolia still susceptible to commodity price volatility

A report released by the World Bank in February 2012 indicates that Mongolian GDP growth accelerated to 17.3% in 2011. The unemployment rate fell by 9% in 2011, and by 11% in 2010.

Laos and Mongolia look to cooperate beyond politics

Chairman of the National Assembly of Lao People’s Democratic Republic Mrs. Pany Yathotou came in Mongolia on February 25 by the invitation of the State Great Khural’s Speaker D. Demberel.

Oyu Tolgoi Copper-Gold Project in Mongolia to Start Production in Q3

The $6-billion Oyu Tolgoi copper and gold project in Mongolia is on track to meet its initial production targetted to commence in the third quarter of this year with the construction of the mine's first phase reaching 73 percent completion, owner Ivanhoe Mines Ltd. announced on Monday.

Dr. Fran Pilch: Mongolia is a country that is a laboratory of democracy

Professor of Political Science at the United States Air Force Academy, Dr. Fran Pilch arrived in Mongolia via the Fulbright Scholarship Program. Below is her interview translated from “Unuudur” newspaper.

Mongolia’s boom economy risks overheating

Mongolia, one of the fastest-growing economies in the world, is at risk of overheating and faces growing inflationary pressures because of a surge in government spending, the World Bank and the International Monetary Fund have warned.

J.Enkhbayar illegally dismisses officials

There are reports that newly-appointed Defense Minister J.Enkhbayar illegally dismissed several ministry officials after assuming his new post.

Would Chinese company cancel Tavantolgoi contract?

It has been reported that the Chinese company Chinalco Ltd has sent an official letter to the executive director of Erdenes Tavantolgoi LLC asking to cancel a coal-purchasing agreement.

Gasoline prices to be reduced

On January 6, petroleum importers raised gasoline prices by MNT 270 per liter, blaming the falling rate of the tugrik against the U.S. dollar for the increase.

National Security Council discusses Gobi region water issues

The National Security Council (NSC) discussed water issues affecting the Gobi region on Thursday.

Parliament goes into recess

Parliament’s autumn session went into recess on Thursday.

Women politicians announce new inter-party alliance

On Thursday, women politicians met at the Chinggis Hotel. In attendance were women MPs, deputy ministers, business owners, doctors, teachers, economists, and representatives of local settlements.

Conference addresses issues facing young people

The fifth conference of the Social Democracy Mongolian Youth Union (SDMYU) is being held at the Independence Palace, with 360 young delegates taking part.

Five political parties sign memorandum of understanding

The Mongolian People’s Revolutionary Party (MPRP), Mongolian National Democratic Party (MNDP), Republican Party (RP), Mongolian Liberal Party (MLP), and Mongolian Democratic Development Party (MDDP) signed a memorandum of understanding on Friday.

NEW PERMANENT REP AT UN APPOINTED

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet made on Wednesday a decision to appoint O.Och as the Permanent Representative of Mongolia to the United Nations Headquarters.

SPEAKER MEETS AMBASSADOR OF S.KOREA

Ulaanbaatar, Mongolia /MONTSAME/ The Speaker has thanked Mr. Jong IL for big efforts to widen the bilateral ties in the fields of politics, trade, economics, culture, education and the inter-citizen relations.

RESOLUTION PASSED ON "ERDENES TAVANTOLGOI" COMPANY

Ulaanbaatar, Mongolia /MONTSAME/ The parliamentary session on Thursday passed its draft resolutions on altering the 39th parliamentary resolution on exploiting Tavan tolgoi coal deposit.

More Mongolian Music Experimentation

While Altan Urag and Jonon are certainly the most well-known folk rock bands, plenty of others are adapting traditional Mongolian instruments to more modern genres.

MEAT-RELATED MATTERS ARE CONSIDERED AGAIN

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday made some decisions to improve meat supply and to regulate its sale.

RELATIONS WITH CANADA TO WIDEN

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet backed on Wednesday the results of the Mongolia-Canada fifth round table meeting that ran on December 1-2 in 2011 in Ottawa, Canada.

WORKS TO BE DONE FOR NEW UNIVERSITY CAMPUS

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet got acquainted with a process of constructing a universities campus and then backed a plan of works to be done this year.

PREMIER RECEIVES AMBASSADOR OF S.KOREA

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold has thanked Mr. Jong IL, the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Mongolia, for his big efforts to widen the bilateral ties in the fields of politics, trade, economics, culture, education and the inter-citizen relations.

PEOPLE TO RECEIVE COMPENSATIONS

Ulaanbaatar, Mongolia /MONTSAME/ One-time benefit compensations will be given to 352 people who have lost working abilities due to accidents or occupational illnesses.

FINANCIAL AGREEMENT BACKED

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday discussed and backed a draft law on ratifying a financial agreement between the governments of Mongolia and the Republic of France.

CORRECTED-Mongolia coal rail plans delayed on financing issues

(Corrects Enkhbaatar comments in final paragraph of Feb 10 story. Third phase of the project will be delayed until after 2017, not first and second phases)

Learning English a big hurdle for Tsegi

Mongolia prompts visions of nomads, Genghis Khan and vast grassy steppes.

Hogan Lovells, Sullivan act as Goldman takes Mongolian bank stake

Hogan Lovells and Sullivan & Cromwell have advised Goldman Sachs on its purchase of a 4.8% equity stake in the Trade & Development Bank of Mongolia.

Mongolia's Mining Boom: Oyu Tolgoi and Tavan Tolgoi

As the world's fastest growing economy, Mongolia has the most promising untapped deposits of iron, gold, silver and coal in the world--but will it serve as a curse or a blessing?

Peacekeepers to leave for South Sudan

A battalion of 850 Mongolian Armed Forces soldiers is preparing to take part in peacekeeping operations in South Sudan.

“Nomads Tour 2012” to be organized

The Ministry of Nature, Environment and Tourism is organizing a winter tour called “Nomads Tour 2012” for children and youth.

Parliament set to pass draft laws on courts and on rules for judges

On Wednesday, the Standing Committee on Justice discussed the final versions of draft laws on the courts and on rules for judges and voted to send the drafts to Parliament for ratification.

Government discusses “100,000 Apartments” program

At the Government meeting on Wednesday, members discussed the “100,000 Apartments” program.

Speaker’s Council discusses draft laws, recess

The Speaker’s Council met on Wednesday to discuss several issues.

Government discusses fuel prices, meat reserve

At the Government meeting on Wednesday, members discussed fuel prices. After the meeting Finance Minister D.Khayankhyarvaa informed journalists about the discussion.

Best local government leaders named

Every two years, the Union of Mongolia’s Cities and the Local Management Union select the “best leaders” in local governments.

Parliament likely to recess on Thursday

The MPP caucus met on Thursday to discuss the current situation of the state but did not release information about the meeting to journalists.

DP caucus plans to call for special session

The DP caucus met on Thursday and decided to call for a special session of Parliament to last until Tsagaan Sar to address several urgent issues.

STANDING COMMITTEE SETS UP WORKING GROUP

Ulaanbaatar, Mongolia /MONTSAME/ The parliamentary Standing committee on security and foreign policy has set up a working group after getting acquainted with activities of the Defense Ministry and the Armed Forces of Mongolia.

DP FACTION MAKES WORKING GROUP

Ulaanbaatar, Mongolia /MONTSAME/ The parliamentary faction of the Democratic Party (DP) has decided to set up a working group in charge of the Ukhaa khudag coal deposit and of a matter on newly-discovered reserves at the Oyu tolgoi gold-copper deposit.

MONGOLIA WANTS TO REGISTER ITS MOUNTAIN IN CULTURAL HERITAGE LIST

Ulaanbaatar, Mongolia /MONTSAME/ The Ministry of Environment and Tourism has decided to register Burkhan Khaldun Mountain and the reserved area of Daguur in the list of the UNESCO Cultural and Natural Heritage.

PRESIDENT'S INITIATIVE CONSULTED IN SOUTH KOREA

Ulaanbaatar, Mongolia /MONTSAME/ Researchers and scholars have considered forms and ways of realizing the Asian Partnership Initiative for Democracy.

HEALTH MINISTER MEETS AMBASSADORS AND ADB COUNTRY DIRECTOR

Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador of China to Mongolia Wang Xiaolong has pointed out that the health sector is one of the important fields in the Mongolia-China cooperation.

MONACO TO FINANCE IAEA'S PROJECT

Ulaanbaatar, Mongolia /MONTSAME/ The Principality of Monaco has decided to make a financing of EUR 125 thousand for implementing a project on improving rehabilitation therapy activities in Mongolia.

Weather or Not

Move One continues to experience success in Mongolia, despite tight deadlines, challenging security, and the freezing cold.

Rooting for Xi

The man expected to be China’s leader for the next 10 years, Xi Jinping, arrived in the United States on Monday, Feb. 13.

China Defense Budget to Double Over 5 Years: IHS

China’s defense budget will double between 2011 and 2015 and outstrip the combined spending of all other key defense markets in the Asia-Pacific region, global research group IHS said Feb. 14.

Mongolia Marks Passage of Landmark Anti-Trafficking and Corruption Legislation

As Mongolians prepare for next week’s Mongolian Lunar New Year festivities, government and non-governmental organizations are celebrating the passage of two long-awaited pieces of legislation that the Parliament of Mongolia passed in January.

Talking Coal With SouthGobi Resources’ CEO

The following in-depth interview was conducted by Peter Epstein with the CEO of SouthGobi Resources, Alex Molyneux.

“Mongolia will be the success story in Asia in the coming decade”

Speakers at the 2012 Coal Mongolia conference claim Chinese demand as the key to Mongolia’s mining future.

Northeeast trade forum wants Sumo wrestling in Olympics

Guwahati, Feb 15 (IANS) Indian state Assam is soon to join the league of countries demanding inclusion of Sumo wrestling in the Olympic Games.

Big4.com Releases News Video on Key Developments at Deloitte

Weekly news video covers news, developments and management changes relating to the world’s largest accounting firms: Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC.

Mongolia: Church slowly takes root

Mongolia, ruled by a Communist regime from 1921 to 1990, had no Catholics in 1991, according to the Fides news agency.

Steelmakers Welcome Falling Coking Coal Price Trend

Pressure may be easing for steelmakers and with it the prospects, in some regions at least, of slightly improved margins.

Rock climber injured in 50-foot fall at Joshua Tree National Park

Officials Wednesday were advising rock climbers at Joshua Tree National Park to use helmets after a San Diego man fell 50 feet and injured his head.

Mongolia as Minegolia? Paying the Price

Mineral riches beneath the arid soil of Mongolia could soon make the sparsely populated country the world’s fastest-growing economy.

2,500 apartments to be built beginning in March

As part of the Government’s efforts to launch its “100,000 Apartments” program before the 2012 parliamentary election, Parliament has ordered construction to begin on 2,500 new apartments in March.

Finance Minister meets with Development Bank officials

Finance Minister D.Khayankhyarvaa received managing officials of the Development Bank (DB) on Tuesday to discuss the bank’s activities.

Parliament discusses draft education laws

On Tuesday, Parliament discussed the first versions of draft laws on education and on higher education.

Conference addresses working conditions at Narantuul Market

The Ministry of Social Welfare and Labor and the Women’s United Association (WUA) group “National Harmony” jointly organized a conference aimed at improving working conditions for vendors in open markets.

Khan-Uul district delegation visits Ereen, Inner Mongolia

The Khan-Uul district has had a cooperative agreement with the city of Ereen in Inner Mongolia since 2002.

N.Luvsanjav: 2,500 voting machines needed for election

On Wednesday, the Standing Committee on State Structure discussed the first version of a draft law to exempt electronic voting machines purchased by the state from customs taxes and the VAT.

MP: All Tavantolgoi companies should share their profits with citizens

MP E.Munkh-Ochir says all companies doing work at the Tavantolgoi mining project should share their profits with citizens.

Second “Miner & Supplier” forum to be held

The NGO Mineral Resources and Mining Exchange is holding its second “Miner & Supplier” forum at the Chinggis Hotel on March 15 and 16.

New transportation minister tours sites

The new Road, Transportation and Urban Development Minister, Ts.Dashdorj, inspected the facilities of the Civil Aviation General Authority (CAGA) and the Railway Managing Office (RMO) on Tuesday.

IRKUTSK WILL SEE "MADE IN MONGOLIA"

Ulaanbaatar, Mongolia, /MONTSAME/ A trade exhibition-fair "Made in Mongolia" will be run in Irkutsk city, the Russian Federation, on 1-4 March of 2012 for the first time.

WOMEN POLITICIANS TO GATHER

Ulaanbaatar, Mongolia /MONTSAME/ The very first session of the Partnership for Women's Oraganizations at the political parties of the State Great Khural will take place on Thursday in the Chingis Khaan hotel.

"MONGOLIAN BRAND AROUND THE WORLD" FORUM APPROACHES

Ulaanbaatar, Mongolia /MONTSAME/ A forum called "Mongolian brand around the world 2012" will be held on February 16.

GENERAL GOV'T BUDGET HAS SURPLUS

Ulaanbaatar, Mongolia /MONTSAME/ By first one month of this year, total revenue and grants of the General Government Budget (GGB) amounted to MNT 325.8 billion and total expenditure and net lending amounted to MNT 260.0 billion.

EXTERNAL TRADE TURNOVER REACHES USD 735.2 MILLION

Ulaanbaatar, Mongolia /MONTSAME/ In January 2012, Mongolia's total external trade turnover reached USD 735.2 million by making trade with 94 countries from all over the world.

INDUSTRIAL OUTPUT INCREASES

Ulaanbaatar, Mongolia /MONTSAME/ In January 2012, the total industrial output increased by MNT 8.3 billion or 5.7 per cent to MNT 154.8 billion (at 2005 constant prices) against the previous year.

TRANSPORT SECTOR IN STATISTICAL MIRROR

Ulaanbaatar, Mongolia /MONTSAME/ In January of 2012, 1,733.8 thousand tons freight and 293.7 thousand passengers--at a duplicated number--were carried by railway transport.

The Best Rare Earth Stocks for 2012 Are Revealed In The Recent Absolute Wealth Newsletter

The recent Absolute Wealth newsletter talks about how to trade the markets, and discusses that there are rumours of one of the world’s rare earth producers losing its ability to export rare earths because of environmental concerns.

Mongolia And Coal: The Country's Potential And Regional Energy Demand

Image
Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south, east and west.

TT CEO unfazed by delays An interview with Erdenes Tavan Tolgoi CEO, B. Enebish

A Government Assembly meeting was held regarding TT’s nominal value stocks that are in its 39th Protocol.

Mongolia leads coking coal exports to China in 2011

Mongolia has overtaken Australia to become China’s largest coking coal supplier in 2011 due to rapid ramp up of its coal production and competitive coal export prices.

Copper down for third day in a row

Copper rolled losses into a third straight day on Tuesday, hit by weaker-than-expected US retail sales data, persistent concerns about European debt, and scant Chinese purchases that may keep the market on its back foot in the days ahead.

Mongolia - FMD confirmed

Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south,east and west.

Mongolia - FMD confirmed

Outbreaks of FMD in Mongolia affect domestic sheep, goats, camels, and cattle as well as Mongolian gazelles.

Sale of reserve meat in disarray

Prime Minister S. Batbold has given city officials an order to sell bulk meat to medium and low-income households.

REHABILITATION COMMISSION AWARDS PEOPLE

Ulaanbaatar, Mongolia /MONTSAME/ A Vice Speaker and head of the State Commission on Management and Organization Rehabilitation of Politically Repressed N.Enkhbold granted on Tuesday certificates of honor to some people.

Mongolian ethnic music look towards future with two day concert

Mongolian Honored Artist D.Sosorbaram has organised an ethnic music concert to be held on February 18-19 at the Mongolian Labor Union Cultural Center.

Nova Resources Limited Acquisition of 30% of Nova Mongolia Corp Pte Ltd

TIDMNOVA RNS Number : 4027X Nova Resources Limited 14 February 2012 Nova Resources Limited ("Nova" or the "Company")

Small- and medium-sized businesses showing their goods

The Government has declared 2012 a year of supporting households, and, in line with that, the Ulaanbaatar Administration has prepared a program called “Citizen Participation and the Year of Supporting Households.”

”Parliamentary, local elections must be held at same time”

The DP caucus discussed two issues on Monday: amendments to the law on local elections and mining at the Tavantolgoi project.

Standing committees approve USD 15 million loan to fight pollution

The Standing Committees on Budget and on Economics held a joint meeting on Monday to discuss a proposed agreement between the Government of Mongolia and the World Bank’s International Development Association (IDA) to reduce air pollution in Ulaanbaatar.

New ambassadors approved by Standing Committee

The Standing Committee on Security and Foreign Policy discussed the appointment and resignation of ambassadors on Monday.

PM asks UB officials to reserve more meat

On Monday, Prime Minister S.Batbold visited markets where meat from the state’s meat reserve is being sold.

Parliament discusses elections, Tavantolgoi shares

Parliament on Tuesday discussed two competing draft laws on local elections, one that would have local elections held the same day as the parliamentary election, and one that would have local and parliamentary elections held separately.

Standing Committee discusses USD 20 million loan agreement

On Monday, the Standing Committees on Budget and on Economics jointly discussed a proposed USD 20 million (JPY 1.5 billion) loan agreement between the Government of Mongolia and the Japanese Organization for International Cooperation.

Ministry ratifies listing of mineral resource reserves

The Ministry of Mineral Resources and Energy has ratified “Hard Minerals and Resources Reserve Category of Mongolia” and “Rules to Use Category of Hard Minerals and Resources of Deposit Mine Reserves” in accordance with Order No. 022 of the Mineral Resources and Energy Minister on January 19, 2012.

GDP INCREASES REACHING MNT 10,829.7 BILLION

Ulaanbaatar, Mongolia /MONTSAME/ Last year, the Gross Domestic Product of Mongolia (GDP) reached MNT 10,829.7 billion at current price, increasing by 19.8 per cent in the first quarter of 2011.

CONSUMER PRICE INDEX WENT UP

Ulaanbaatar, Mongolia /MONTSAME/ The national consumer price index in January of this year increased by 2.8 per cent against the previous month.

DP FACTION MEETS

Ulaanbaatar, Mongolia /MONTSAME/ The faction of the Democratic Party (DP) discussed on Monday a draft amendment to the law on local election and matters on exploiting the Tavan tolgoi coal deposit.

Moody’s shifts outlook for UK and France

Moody’s put the UK, France and Austria on negative outlook late on Monday night, raising the prospect that the three countries would lose their triple A ratings due to exposure to the eurozone debt crisis.

Mongolian Luck, How Mongolia could become the Norway of Central Asia

“To Search for the Hermit and Not to Find Him” is the title of an old Chinese poem from Jia Dao, an author from the Tang Dynasty.

Rio Tinto loses appeal on worker agreements

Mining giant Rio Tinto has lost a bid to appeal to the High Court over an employment agreement with its Pilbara iron ore workers.

SouthGobi Resources Successfully Commissions Dry Coal Handling Facility at Its Ovoot Tolgoi Mine in Southern Mongolia

HONG KONG, CHINA — SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) announced today the successful commissioning and startup of the dry coal-handling facility ("DCHF") at its Ovoot Tolgoi coal mine in southern Mongolia.

Tracking the snow cat

Thomas McCarthy, director of the snow leopard programme for the conservation group Panthera, has spent nearly two decades crisscrossing the Himalayan plateau to study a magnificent, densely furred, rosette-stenciled cat that may well be the world’s most reliable no-show.

Inner Mongolia Coal reserves reach 770 billion tonnes

Inner Mongolia Autonomous Region, China's leading coal producer discovered new coal reserves of 17 billion tonnes in 2011 bringing the total coal reserves to a record 770.3 billion tonnes.

Amid U.S.-China Energy Tension, "Clean Coal" Spurs Teamwork

When Chinese Vice President Xi Jinping visits the White House on Valentine's Day, he and President Barack Obama aren't expected to exchange words of love over energy.

Altan Urag concert draws Mongolia’s elite

Folk rock band Altan Urag took to the stage at the Cultural Central Palace on February 8 for their ‘Our Mongolia’ performance. In the capacity crowd was the President of Mongolia, as well as several prominent Members of Parliament. The ‘Our Mongolia’ theme was evident from the first song. The group opened with the traditional folk song ‘Mother Mongolian,’ and their harmony was in perfect form. Several other wonderful long songs were performed accompanied by the traditional instruments including the morin khuur and yoochin. Otgontuya.B performed her long song ‘Great Mongolia,’ which was absolutely wonderful, before Altan Urag returned to finish with ‘Native Mongolia’ as song of great national pride. Since most of the songs were well known to the audience, they enthusiastically sang along. It was a fantastic concert overall and highly recommended.

SouthGobi Resources commissions dry coal handling facility at Ovoot Tolgoi Mine

SouthGobi Resources ( TSE:SGQ ) (HK:1878) announced Monday it has commissioned and started-up the dry coal-handling facility at its Ovoot Tolgoi coal mine in southern Mongolia.

Mongolia leads coking coal exports to China in 2011

Mongolia has overtaken Australia to become China's largest coking coal supplier in 2011 due to rapid ramp up of its coal production and competitive coal export prices.

Mongolia Minute

All Bets on Black.

Capture growth in Mongolia with Rio Tinto

If you missed going long on the Mongolian Tugrik -- if, like most people, you've never heard of the Mongolian Tugrik -- now's your chance to make up for lost time.

Tuguldur Fund sponsors performance of Spartacus ballet

The State Academic Theatre of Opera and Ballet will perform the ballet Spartacus by Aram Khachaturian on February 18 and 19.

MPs reject proposed loan agreement with South Korea

Parliament on Friday rejected a proposed agreement for Mongolia to borrow money from South Korea’s Economic Development Cooperation Fund.

MPP gets 1,000 new members

On Friday, 1,000 citizens joined the MPP in a ceremony at the party’s Independence Palace headquarters.

DP gets 1,280 new members

1,280 people joined the DP in a ceremony at the Government House on Friday.

Standing Committee discusses draft laws on courts, judges, lawyers

On Friday, the Standing Committee on Justice discussed draft laws on the courts, on rules for judges, and on rules for lawyers.

Parliament to recess on Tuesday

Speaker D.Demberel has ordered Parliament to go into recess on Tuesday.

High-ranking officials declare their income

In accordance with the law on anticorruption, high-ranking government officials are required to declare their 2011 property holdings and incomes to the Anti Corruption Authority (ACA) by February 15.

Best morin khuur songs to be performed

The organizers of the 25th annual Morin Khuur Festival announced on Monday that the best songs of the festival will be performed at the Culture Palace on February 18.

50,000 households using low-smoke stoves

The Clean Air Project of Millennium Challenge Account – Energy and Environment Project is working to reduce air pollution of Ulaanbaatar by making buildings more energy efficient, by improving insulation in Ger district homes, and by promoting the use of energy efficient stoves.

NEW SOUM FOUNDED

Ulaanbaatar, Mongolia /MONTSAME/ Khentii aimag's Bor-Ondor baga (smallest administrative unit in localities) has become Bor-Ondor soum.

LAW ON CREDIT GUARANTEE PASSED

Ulaanbaatar, Mongolia /MONTSAME/ On Friday, the parliamentary session passed a draft law on credit guarantee and related top it laws after final discussions.

COMMUNITY OF DEMOCRACIES' TROIKA RELEASES STATEMENT

Ulaanbaatar, Mongolia /MONTSAME/ Last week, the Troika of the Community of Democracies expresses concern about the increasing crackdown on civil society in Egypt.

NUMBERS OF BIRTH AND OF UNEMPLOYMENT RATE INCREASE

Ulaanbaatar, Mongolia /MONTSAME/ This January, 6,015 mothers delivered 6,033 children (live births), showing an increase by 852 mothers or 16.5 per cent, and by 843 children or 16.2 percent against the previous year.

SOCIAL INSURANCE AND WELFARE IN FIGURES

Ulaanbaatar, Mongolia /MONTSAME/ In January of 2012, 115.6 thousand people got insured, 68.8 thousand or 59.5 per cent of them were from establishments, and 46.8 thousand or 40.5 per cent from government budgetary organizations.

ECONOMIC FORUM TO RUN

A policy discussion called “Mongolian economic forum 2012” will be held on March 5-6.

Is China ripe for a revolution?

One hundred years ago, on Feb 12, 1912, the six-year-old child emperor of the Qing Dynasty abdicated, ending more than 2,000 years of imperial rule in China.

HK's Winsway moves closer to $1 bln Grand Cache deal

* HK-listed Winsway to put Grand Cache bid to vote on Feb. 28 * Winsway, Marubeni secure $400 mln loans to fund buy

Bit of a squeeze in Ulan Bator

While the rest of the world talks about monetary easing, in Mongolia, the resource-rich nation of 3m , there is a credit crunch.

INDIA AUGMENTS SCHOLARSHIPS FOR MONGOLIANS

India has decided to add scholarships of its government for the Mongolian students in the academic years of 2012-2013.

Chinalco to Build 500,000 Ton Aluminum Project in Erdos: News

Aluminum Corp. of China signed a framework agreement with the local government of Erdos in Inner Mongolia region to build an integrated 500,000 metric ton aluminum project, the Erdos Daily reported on Feb. 11.

In Pursuit of Innovative Products

What makes developed countries richer than others?

The Infrastructure Stumbling Block

Mongolia’s infrastructure was a key point of discussion at the conference, with a lack in transport, mining equipment and water technologies being offered up as prime investment ventures in a country critically under resourced.

Woman, 27, Mongolia: Afraid she is too old to break up with boyfriend

I have been in a relationship with a guy for about six years. But we don't live together and still act like a new couple.

City set for sumo battle

GUWAHATI: For the first time in India, five champion sumo wrestlers will be seen slugging it out on one single stage at the sumo wresting exhibition scheduled to start on Monday at the ongoing 19th International Guwahati Trade Fair (IGTF) 2012.

Tour Diary: Canasta in Mongolia - Day 4 - Dining Options

The latest update comes from Canasta keyboardist/pianist Ryan Tracy.

Domestic producers showcase goods at Made in Mongolia Exhibition

The Made in Mongolia exhibition at the Misheel Expo Center opened on Thursday, February 9 and will run until February 13.

Mongolia: Hunting With Altai Eagles (First of Five Parts)

MANILA, Philippines — Clawing my way up the crags as I dangled 10,000 feet over the frozen steppes of Kharijarik in the Altai Nuur — the Mountains of Gold in Bayan Ulgii, I braced myself against gale-force winds that threatened to peel me off the rock face.

Mongolia coal rail plans delayed on financing issues

Feb 10 (Reuters) - Mongolia's ambitious plan to build a railway network capable of delivering its surging coal output to foreign markets is likely to be delayed as a result of financing difficulties and bureaucratic deadlocks, government officials said on Friday.

Tour Diary: Canasta in Mongolia - Day 5 - Drums

Canasta's drummer, Brian Palmieri, offered up the final tour diary entry from Mongolia before the band headed for the plane yesterday.

“Coal Mongolia 2012” exhibit opens

An exhibit has opened at the SS convention center as part of the “Coal Mongolia 2012” international investment forum taking place there.

More geese collared in Mongolia seen at Paradgaon

NAGPUR: After the NU collared bar-headed goose being sighted near Paradgaon lake on Umrer road for the last four years, three more such geese were spotted near the lake.

Mongolia: Investing in health

As Mongolia sits on the verge of a resource-related boom, government officials are stressing that the Human Development Fund (HDF) established to channel revenues from mining projects to health and education is fulfilling its role.

MPs submit draft law to exempt voting machines from taxes

A group of MPs headed by R.Bud and L.Gantumur have submitted a draft law to exempt electronic voting machines purchased by the state from customs taxes and the VAT.

D.Damba-Ochir: Large companies should support smaller businesses

Our correspondent spoke with MP D.Damba-Ochir about the conference for small- and medium-sized manufacturers that was recently held.

Conference addresses development of sports in Mongolia

A national conference on developing sports in Mongolia was held in the Government House on Thursday under the sponsorship of Prime Minister S.Batbold.

Parliament ratifies law on loan guarantee fund

Parliament on Friday approved a draft law establishing a loan guarantee fund, with 70.2 percent of MPs voting in favor of it.

DP caucus postpones Tavantolgoi discussion

The DP caucus took a recess from Friday’s session of Parliament, postponing discussion of proposed amendments to Parliament’s 39th protocol on the Tavantolgoi mining project.

International conference on Chinggis Khaan studies held

An international conference on Chinggis Khaan studies was held at the Ministry of Foreign Affairs and Trade on Thursday under the sponsorship of President Ts.Elbegdorj.

“Coal Mongolia” forum: Mongolia has 175 billion tons of coal

At the “Coal Mongolia 2012” forum on Thursday, attendees discussed current trends in coal mining, investment opportunities, coal reserves, infrastructure issues, environmentally-friendly mining, and coal processing.

ABOUT CONSTRUCTION OF AUTO ROADS AND BRIDGES

Some 311 billion togrogs are required to run 598.6 km roads. About it and others was said by the Minister of Road, Transportation, Construction and Urban Development Ts.Dashdorj at a regular meeting of the cabinet on Wednesday.

Mongolia holds international conference on food safety

ULAN BATOR, Feb. 9 (Xinhua) -- Mongolia and the International Finance Corporation conducted a conference Thursday aimed at improving the country's food safety system.

Youth movement should anchor Monglia’s basketball future

In a small YMCA gym in Springfield, Massachusetts Dr. James Naismith, on a rainy day in December 1891, unknowingly created the game of basketball and what would become one of America’s biggest exports.

Beauty Saves the World

Hedwig, or ‘Heddie’ Waters, has clearly done some thorough research on her investigation into the modern beauty ideals of Mongolian society.

Newly appointed Minister oversees Mongolia’s first compressed fuel factory

A project to manufacture compressed fuel in a Mongolian factory will begin this May, despite projections that predicted production as early as January.

Dino-skin study leads to revelations

Hailed as a "first ever" discovery in dinosaur science, a Canadian paleontologist has used fossilized skin rather than bone to differentiate between two species of hadrosaurs - also known as duck-billed dinosaurs - from Alberta and Mongolia.

Illegal Immigrants: Mongolia’s Most Vulnerable Foreigners

In 2007, four Mongolians working illegally in Korea were granted citizenship after saving eleven people from a building fire.

Mongolia coal rail plans delayed on financing issues

Feb 10 (Reuters) - Mongolia's ambitious plan to build a railway network capable of delivering its surging coal output to foreign markets is likely to be delayed as a result of financing difficulties and bureaucratic deadlocks, government officials said on Friday.

Gasoline prices could be coming down

Petroleum importers increased the price of a liter of gasoline by MNT 270 on January 6.

Training on government procurement process to be held

The United Association of Employers (UAE) and the Finance Ministry are jointly organizing a training session on the government procurement process at the UAE on February 9 and 10.

"UB CUP" BASKETBALL TOURNAMENT TO RUN

Ulaanbaatar, Mongolia /MONTSAME/ On occasion of the 50th anniversary of Mongolia's Federation of Basketball (MFB), the UB Cup international tournament for basketball will take place under auspices of the Ulaanbaatar city Mayor G.Monkhbayar.

ACTING HEADS OF AUTHORITIES SELECTED

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet decided on Wednesday at its meeting to temporarily appoint G.Manlaijav as a head of the Nuclear Technology Authority (NTA).

PM INITIATES "HEALTHY CHILD" CAMPAIGN

Ulaanbaatar, Mongolia /MONTSAME/ Children will be enrolled in a preventive examination and evaluated their health.

HEADS OF STANDING COMMITTEES APPOINTED

Ulaanbaatar, Mongolia, /MONTSAME/ On Thursday, a plenary meeting of the parliamentary session selected new heads of parliamentary Standing committees.

SMALL-SIZED TRACTORS TO BE IMPORTED

Ulaanbaatar, Mongolia /MONTSAME/ In accordance with a decision made on Wednesday by the cabinet, 8,000 small-sized tractors will exported from China.

PREMIER MEETS AMBASSADORS

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister has underlined that the Mongolia-Britain relations and cooperation have been brought into a new step and that the cooperation in the macroeconomic, banking and financial sectors has been widening.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet on its regular meeting on Wednesday supported in principle an elaborated by J.Sukhbaatar MP draft law on amending the law on Government.

The Effect of Mongolia’s Mining Boom on the Tourism Industry

Guest Post by Tye Ebel

Fear not the ‘Glenstrata’ giant, say coal customers

Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers who already rely on the two for supplies of coking coal for steel and thermal for power generation.

East Asia Comments on Recent Trading Activity

TORONTO, ONTARIO — East Asia Minerals Corporation (TSX VENTURE:EAS) ("East Asia" or the "Company"), at the request of the Investment Industry Regulatory Organization of Canada (IIROC), wishes to confirm that the Company's management is unaware of any material change in East Asia's operations that would account for the recent increase in market activity.

Trafigura hedge fund targets $3 bln by year-end

(Reuters) - Galena, the fund arm of trading house Trafigura, aims to grow by almost 50 percent this year to around $3 billion (1.9 billion pounds) as opportunities abound in a choppy market for commodities and energy, the fund's head said in an interview.

Centerra boosts size of its gold resources

Feb 9 (Reuters) - Centerra Gold reported a 36 percent increase in the size of its measured and indicated gold resources on Thursday, driven by exploration success at its Kumtor mine in the Kyrgyz Republic and other projects in Russia and Mongolia.

Canadian researcher hails discovery as new 'way to approach paleontology'

Hailed as a "first ever" discovery in dinosaur science, a Canadian paleontologist has used fossilized skin rather than bone to differentiate between two species of hadrosaurs — also known as duck-billed dinosaurs — from Alberta and Mongolia.

FLSmidth gets 86 mln euro Mongolian order

Feb 9 (Reuters) - Danish engineering group FLSmidth will supply a cement plant to Mongolia for about 86 million euros ($113.98 million), the company said on Thursday.

Tour Diary: Canasta in Mongolia - Day 3, Tsetserleg

This next update comes from Canasta pianist Megan O'Connor (subbing in for Sarah Kneebone who couldn't make this trip) after a brief lag where the band was without internet access.

FLSmidth to deliver cement plant in Mongolia

Company Announcement to the Danish Financial Supervisory Authority No. 06-2012, 9 February 2012

Movement United for Rivers and Lakes reports on its work

Officials with the Movement United for Rivers toured four soums along the Onon River from January 22 to 29.

Ulaanbaatar must cope with soil pollution, too

Much attention is paid to Ulaanbaatar’s air pollution problem, but the capital faces another environmental problem: soil pollution.

Aimag centers to be linked to capital by road

At the Government meeting on Wednesday, members received an update on efforts to link aimag centers to the capital by road.

Price Stabilizing Council delivers report

The Price Stabilizing Council delivered its latest report at the Government meeting on Wednesday.

Government offers tax breaks to small businesses

Prime Minister S.Batbold addressed a conference for small- and medium-sized businesses in the Government House on Wednesday.

NEW HEADS OF STANDING COMMITTEES SUGGESTED

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the Standing committee on economics backed a matter on selecting R.Bud as its head by discharging the current head D.Zorigt.

NEWS FROM WASHINGTON-BASED MONGOLIANS

Ulaanbaatar, Mongolia /MONTSAME/ Mongolians living in Washington D.C are to celebrate the Lunar New Year in several places.

STANDING COMMITTEE BACKS ISSUING OF BONDS

Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the parliamentary Standing committee on budget decided that the cabinet would be given a right to issue MNT 300 billion worth bonds.

PAY RISE AND OTHER MATTERS TO BE DISCUSSED BY PARLIAMENT

Ulaanbaatar, Mongolia /MONTSAME/ At its irregular meeting on Tuesday, the cabinet discussed draft amendments to the laws on budget for 2012, on budget for social insurance fund for 2012, and amendments to the law on budget and to the 54th and 55th parliamentary resolutions of 2011.

Leverage China By Investing In Mongolia

Yes, Virginia, there is a way to leverage China. It's called Mongolia!

OYUTOLGOI LLC INTRODUCES SYSTEMS OF HEALTH AND SAFETY

The Oyu Tolgoi LLC announced on Tuesday it successfully introduced consolidated health, safety, environmental management systems.

Mongol Bank won't take the rap for inflation/price gains

The Bank of Mongolia is now apparently on the defensive after facing criticism from both the Government and the public for last month's price hikes.

IMF official outlines economic risks

Steve Barnett, the Assistant Director of the International Monetary Fund's (IMF's) Office for Asia and the Pacific, has outlined four key short-term challenges and risks Mongolia will have to face as it continues toward development.

Friedland says Ivanplats to shake up platinum sector

Ivanplats, controlled by Ivanhoe Mines founder Robert Friedland, expects to produce platinum at negative cost at its giant Platreef complex in South Africa, potentially shaking up an industry squeezed by stoppages, rising wages and power charges.

Draig Geophysical Survey Identifies Priority Coal Drill Targets

Draig Resources Limited (ASX: DRG) (“Draig”, or the “Company”) is pleased to announce it has identified numerous Jurassic coal bearing drill targets, following a geophysical survey of two of its coal licences in the Ovorhangay province in Mongolia.

Step 1: give every kid a laptop. Step 2: learning begins?

Nicolas Negroponte, the head of the One Laptop Per Child (OLPC) project, sure knows how to get people's attention.

Forest love song of the Jurassic cricket

LONDON: A love song that carried on the wind through the ancient forests of the late Jurassic era has been reconstructed by scientists in Britain.

Air Astana set to expand central Asian network in 2012

Air Astana, Kazakhstan’s leading international carrier will be operating its growing fleet of Embraer 190s on an expanded Central Asian network in 2012.

China association denies rare earth deal with Japan

HOHHOT - An association in China's major rare earth reserve region on Wednesday denied Japanese media reports claiming that it has agreed to cooperate on mineral business with its Okinawa counterpart.

MMC begins operations at Baruun Naran

National coal miner Mongolian Mining Corp. (MMC) through its fully-owned subsidiary Khangad Exploration LLC and a team of specialists from various government agencies have begun operations at the Baruun Naran coking coal mine.

Goldman Sachs to Buy 4.8% of Mongolia’s Trade & Development Bank

Feb. 9 (Bloomberg) -- Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, will buy 4.8 percent of Trade & Development Bank of Mongolia LLC to help the lender develop as the economy expands.

Mongolia’s Junior Miners Gain on Rio Tinto’s Ivanhoe Takeover

Rio Tinto ’s (LSE: RIO ) decision to pay C$300 million to become the majority shareholder in Ivanhoe Mines (NYSE: IVN ) last month was greeted by investors worldwide with open arms, but junior minors in Mongolia are also welcoming the Anglo-Australian mining giant’s latest move as they expect more global attention on their projects as a result.

GENERAL ELECTION COMMITTEE ABOUT PREPARATION FOR ELECTION

Ulaanbaatar, Mongolia /MONTSAME/ Authorities of the General Election Committee (GEC) N.Luvsanjav, its head, and Ch.Sodnomtseren, a secretary, told on Monday that some 80 measures will be organized before the parliamentary election of this year.

Ivanplats makes major copper strike in DRC

[ miningmx.com ] -- IVANPLATS, the base metal and platinum exploration company controlled by Robert Friedland, has found a new copper project in the Democratic Republic of Congo (DRC) which matches the huge Oyu Tolgoi copper deposit in Mongolia.

Mongolia: Another world far, far away

As a child I remember some places were out of reach: places of mystery, places where great and dreadful deeds occurred, where dragons roamed and witches brewed.

Jacology: Payday Loans

MARYLAND HEIGHTS, MO. (KPLR11.com)— Here's a question, what do you do if you have a lousy credit score; but you need to borrow money?

MONGOLIA REGISTER 1.937 MILLION CITIZENS – 98% OF THE POPULATION

ULAANBAATAR, Feb 8 (NNN-MONTSAME) — Mongolia revised registration of citizens have counted 1.937 million citizens or 98 per cent of the population.

China association denies rare earth deal with Japan

HOHHOT, Feb. 8 (Xinhua) -- An association in China's major rare earth reserve region on Wednesday denied Japanese media reports claiming that it has agreed to cooperate on mineral business with its Okinawa counterpart.

Forget Everything You Think You Know About Mongolia

I’ve been wanting to interview my friend Chris DeGruben for the last 6 months.

Coking Coal Comes Face to Face with Oversupply

The coking coal market is currently oversupplied and prices are poised for further declines.

Mongolia Growth Group Ltd. Publishes January 2012 Monthly Letter to Shareholders

Ulaanbaatar, MONGOLIA, Feb 08, 2012 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd.(YAK - CNSX) is pleased to announce the release of its January 2012 letter to shareholders.

International morin khuur festival to be held

In connection with a presidential decree to “honor and develop the morin khuur,” the third international festival and symposium on the traditional Mongolian bowed string instrument will be held in Ulaanbaatar from April 29 to May 3.

Draft law would limit rights of some to run for Parliament

MP Kh.Battulga has prepared a draft law that would limit the rights of producers of alcohol and tobacco products to be candidates in parliamentary elections.

DP announces results of “Mongol Citizen – 2020” forums

The DP organized a nationwide series of forums called Mongol Citizen – 2020 last year, with party officials visiting all 21 aimags and nine districts of the capital, hearing opinions and suggestions from some 60,000 citizens.

Parties, civil society groups to hold “People’s Assembly”

The Mongolian People’s Revolutionary Party, Mongolian National Democratic Party, Republican Party, and several civil society organizations are jointly organizing a People’s Assembly at the Palace of the Confederation of Trade Unions on February 13 and 14.

Standing Committee postpones discussion of Tavantolgoi issue

The Standing Committee on Economics postponed a discussion of proposed amendments to Parliament’s 39th protocol on the Tavantolgoi mining project.

Small- and medium-sized businesses hope to increase exports

The Ministry of Food, Agriculture and Light Industry is holding a conference for small-and medium-sized manufacturers from February 7 to 9.

Parliament discusses revised budget

Parliament on Tuesday discussed proposed revisions to the 2012 general budget.

MPs give opinions on holding two elections at same time

The recently-passed election law says parliamentary and local settlement elections must be held on the same day.

Parliament approves more discussion of revised budget

Parliament on Wednesday approved further discussion of proposed revisions to the 2012 general budget and sent the matter to the Standing Committee on Budget.

MPP FACTION'S MEETING RUNS

Ulaanbaatar, Mongolia /MONTSAME/ At its meeting on Monday, the Mongolian People's Party's (MPP) faction at parliament discussed and then backed a draft law on transferring some rights to the cabinet.

DEMPARTY FACTION MEETS

Ulaanbaatar, Mongolia /MONTSAME/ A head of the Democratic Party's (DP) faction at the State Great Khural Ch.Saikhanbileg said on Monday that their faction discussed 11 issues including a draft law on transferring some rights to the cabinet.

SCOTTIE PIPPEN TO VISIT US

Ulaanbaatar, Mongolia /MONTSAME/ One of the greatest American professional basketball players at the National Basketball Association (NBA) Scottie Pippen will visit Mongolia in April.

ABOUT CIVIL REGISTRATION AND ELECTION

Ulaanbaatar, Mongolia /MONTSAME/ The state revised registration of citizens have couted one million 937 thousand people.

GOV'T TO COOPERATE WITH ENTERPRISERS IN PRODUCING LIQUID FUELS

Ulaanbaatar, Mongolia /MONTSAME/ A memorandum was established on Monday between the National Development and Innovation Committee and the Ministry of Mineral Resources and Energy (Government) and a group of enterprisers such as "Mongolian Industrial Corporation" LLC, "MCS", "MAC" and "Petrovis" Groups.

John Lee, Chairman & CEO of Prophecy Coal and Chairman of Prophecy Platinum Interviewed by David Morgan of Silver-Investor.com

Vancouver, British Columbia, February 6, 2012 – David Morgan, founder of Silver-Investor.com and publisher of the Morgan Report, interviews John Lee Chairman & CEO of Prophecy Coal Corp (TSX:PCY) (OTCQX:PRPCF) and also Chairman of Prophecy Platinum Corp (TSXV:NKL) (OTCQX:PNIKF) (Frankfurt:P94P).

Graphite and rare earth metals for the 21st Century: Jack Lifton

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Saudi Arabia Most Risky of Emerging Economies, Maplecroft Says

Feb. 7 (Bloomberg) -- Saudi Arabia, the world’s biggest crude exporter, has the most uncertain political environment of 15 major growth economies including China and Russia, according to the founder of risk-assessment consultants Maplecroft.

Mongolia Charity Rally 2012 team: The Improbables will depart towards Ulan Bator on June 9th, 2012

Improbables, the only Mongolia Charity Rally 2012 team to depart from Madrid and also the only team to depart one month ahead of schedule is currently preparing their land voyage of 14,000 kms from Spain’s capital to the capital of Mongolia.

Travel Injuries in Asia May Prove Pricey Without Travel Medical Insurance

INDIANAPOLIS, IN, Feb 08, 2012 (MARKETWIRE via COMTEX) -- HCC Medical Insurance Services, LLC (HCCMIS), a provider of travel accident insurance, announces an infographic highlighting the potential perils of vacationing in Asia.

Mongolian overheated economy yields ominous omen: IMF official

ULAN BATOR, Feb. 7 (Xinhua) -- Overheated economy in Mongolia is leading to significant problems such as high inflation, exchange rate volatility and wage pressures, according to an IMF report released Tuesday.

Do we really need foreign capital?

Capital is needed for development. If there is a lack of capital domestically, foreign capital is drawn in.

South Korea: A Mongolian’s view

Today, Korea is the most visited country by Mongolians and statistics show that Mongolians are most likely to choose Korea as a place to work.

Global copper demand to grow 1.2% this year

China remains the key global growth driver for copper, but demand growth from the Asian giant is expected to slow this year, Standard Bank head of commodities research Walter de Wet said this week.

Harnessing the Mineral Wealth of Poor Countries

Developing countries with potential mineral riches have often fallen prey to corruption and mismanagement.

Vail Mountain Invites Skiers and Snowboarders to Conquer the Seven Wonders of Vail This Sunday, Feb. 12

Vail Mountain, the largest ski resort in the nation has put out an invite for skiers and snowboarders to take part in the culmination of the Winter Teva Mountain Games.

Guicci, Prada, Fendi, Morphine: The threat of Counterfeit Drugs in Mongolia

Mongolia sees its fair share of counterfeit products cross the border. But while fake Louis Vuitton toilet seats and Prada car seat covers seem to harm little more than Mongolia's fashion integrity, there are a series of more dangerous counterfeit products making their into the country.

Tour Diary: Canasta in Mongolia - Day 2

Subtitle: Megan and Elizabeth get lost in UlaanBaatar, or CAMELS!!! Camels everyone!! This latest tour blog comes via Canasta 's violinist Elizabeth Lindau. Read all about why in the world they're in Mongolia , and the previous post .

Mongolian meat passes international food safety standards

Just Agro LLC of Just Group has recently become the first Mongolian company to receive the Hazard Analysis and Critical Control Points (HACCP) certificate of international food safety standards.

Mudgee volunteer explores Mongolia

How does a student of environmental management and geology find common ground with the nomadic people of Mongolia?

Fired ACA officials appealing their dismissals

Ten Anti Corruption Authority (ACA) officials who were fired last year are challenging their dismissals.

D.Zorigt: No Government protocol to reduce gas prices

Mineral Resources and Energy Minister D.Zorigt is denying reports that the Government will issue a protocol to reduce fuel prices to their pre-January 6 levels by February 8.

MPP caucus discusses budget, pensions, elections

The MPP caucus discussed several draft laws on Monday. It approved for further discussion draft laws on Government responsibilities, on local settlement elections submitted by 11 MPs headed by D.Lundeejantsan, and on elimination of a pension discrepancy.

Ch.Saikhanbileg: The two elections will be held at the same time

The DP caucus discussed 11 issues on Monday, including several draft laws.

Agriculture, light industry officials discuss issues

Managing officials from the agriculture and light industry sectors met in the Government House on Monday.

EGC gives update on election preparations

The Election General Committee (EGC) updated journalists on its preparations for the parliamentary election on Monday.

Conference for small- and medium-sized businesses begins

A state-sponsored conference for small- and medium-sized businesses opened at the Government House on Monday and will continue at the Independence Palace.

MP sends query to Premier about protocol on jobs

MP Ts.Sedvanchig has sent to Prime Minister S.Batbold a query about the implementation and results of Parliament’s 30th protocol to support domestic producers and generate jobs.

MINISTRY OF AGRICULTURE TO ORGANIZE EXHIBITIONS

Ulaanbaatar, Mongolia /MONTSAME/ The Ministry of Food, Agriculture and Light Industry plans to organize the 5th exhibition called "Made in Mongolia" and the very first "National production" exhibition.

ERDENET CORPORATION INTRODUCES NEW TECHNOLOGY

Ulaanbaatar, Mongolia /MONTSAME/ The Erdenet Mining Corporation has conducted a test outcome of which is to contribute to a development of blasting works. It has been done at an ore open-cast mine.

MONGOLIANS TO PREVENT INFLUENZA

Ulaanbaatar, Mongolia /MONTSAME/ Influenza virus vaccines will be injected to children aged above six months without any charges at the National Center of Lemology.

DRAFT LAW AND RESOLUTION REJECTED

Ulaanbaatar, Mongolia /MONTSAME/ At its plenary meeting on Friday, the parliamentary session made a decision to reject a draft package law on innovations and a draft resolution of parliament on setting up Bor-Ondor soum in Khentii aimag.

KH.BATTULGA MP GETS SUPPORT FOR HIS DRAFT

Ulaanbaatar, Mongolia /MONTSAME/ A member of parliament Kh.Battulga has worked out a draft law on limiting a right of some people to take part in the parliament election.

"GRASS ROOTS" PROGRAM BEGINS ITS 400TH PROJECT HERE

Documents have been signed to implement these four projects, the latest ones within the Grass roots program since 1990 in Mongolia.

Momentum gets behind greater coal exports to Asia

Coal may be a dirty word in the U.S., but Asia’s growing appetite for the fuel has triggered a boom in export-facility investments on American shores, just as domestic demand for coal is stagnating.

Euro Crisis a Danger to China, IMF Warns

Beijing. A sharp downturn in Europe could cut China’s economic growth rate nearly in half, the International Monetary Fund said on Monday, adding to warnings about a possible severe global slowdown this year.

Ethical Coal: Mongolia’s sparkling potential amidst regional energy demand

Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south, east and west.

OYU TOLGOI LLC SUPPORTS YOUTHS

As outlined in the investment agreement, a memorandum of understanding has been signed among the Oyu Tolgoi LLC and the Ministry of Education, Culture and Science and training program of OT.

Mongolia vows to improve irrigation in Gobi region

ULAN BATOR, Feb. 7 (Xinhua) -- Mongolia was seeking to improve irrigation facilities in the southern Gobi region to develop local agriculture, an official said Tuesday.

Philips Lighting officials coming to Mongolia

A delegation from the Dutch company Philips Lighting LLC is visiting Mongolia from February 6 to 10 as part of a cooperative agreement with Monkhorus International LLC, an energy company.

Draig Resources on the hunt for coal in Mongolia, identifies priority targets

Draig Resources (ASX: DRG) has identified numerous Jurassic coal bearing drill targets following a geophysical survey of two of its coal licences in the Ovorhangay province in Mongolia, as it works towards defining a JORC Resource in the June quarter.

Among The Kazakh Eagle Hunters

I'm digging through the archives today selecting images for an upcoming exhibition in Almaty, Kazakhstan.

INT'L CONFERENCE ON FOOD SAFETY APPROACHES

Ulaanbaatar, Mongolia /MONTSAME/ An international conference on food security, international experience and opportunities to realize it here will run on Thursday under auspices of the President of Mongolia.

PRESIDENT TOURS DORNOGOBI AND GOBISUMBER

Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj paid on February 2-4 working visits to the eastern aimags Dornogobi and Gobisumber.

Historical works awarded the ‘Weatherford Prize’

On January 27, the occasion of the 25th anniversary of diplomatic relations between Mongolia and U.S, the U.S. Embassy and Weatherford Foundation jointly organized a book launching.

Local banks ‘least exposed’ to euro zone risks -- Moody’s

THE PHILIPPINE banking system is one of the least vulnerable in the Asia-Pacific to risks arising from a euro zone deterioration, Moody’s Investors Service yesterday said.

In the Bullring With Gold

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After prices fell 10 percent in December, many investors wondered if the bull market in gold was running out of steam.

The Xstrata/Glencore Merger Could Put These Copper Miners In Play

The proposed merger of Xstrata and Glencore International will establish another major player among commodity producers.

Jurassic insect mating call brought to life

ADELAIDE: The musical mating call of a large 165-million-year-old winged insect called a katydid has been recreated after the discovery of an extraordinary fossil in Mongolia.

Manas Amends Investor Relations Agreement

BAAR, Switzerland, Feb. 6, 2012 /PRNewswire via COMTEX/ -- Manas Petroleum Corp. ("Manas") CA:MNP +5.36% MNAP +21.34% today announced that it has amended its consulting agreement with Undiscovered Equities, Inc. to provide for an orderly wind-down of services from March 1, 2012 until April 29, 2012, on which date the consulting agreement will automatically expire.

Tax transparency key for poor mining nations: WEF

Transparency on tax and royalty payments is key to helping developing countries harness their mineral wealth, a report released by the World Economic Forum said on Monday.

Travel: Mongolia

A JOURNEY on the Trans Mongolian Express takes the traveller through magical landscapes into a world steeped in the past

Sales of gold to Mongol Bank being investigated

News.mn previously reported that about 20 kg of gold that did not meet international standards for quality was sold through Mongol Bank.

Batj.Batbayar: Gasoline prices could fall by MNT 500

MP Batj.Batbayar told journalists on Friday that he has submitted a draft law on oil exploration and importation to Parliament.

D.Zorigt: “People’s Development” program will benefit the country

Delegates attending the third MPP conference on Thursday ratified the party’s “People’s Development” program, a twenty-year plan to develop society and the economy.

Z.Enkhbold: Simultaneous elections would save money

The DP caucus has proposed a draft law to hold this year’s parliamentary and local settlement elections on the same day.

Coal burning reduced in Ulaanbaatar

At a special Government meeting on February 3, members discussed Ulaanbaatar’s air pollution problem, and city officials reported on their efforts to reduce it.

Parliament approves draft law on human rights

Parliament on February 3 approved a draft law on human rights submitted by Kh.Temuujin.

AFCC and CTU agree to jointly monitor price increases

The Authority for Fair Competition and Consumers (AFCC) and the Confederation of Trade Unions (CTU) signed a memorandum of cooperation on February 3.

Parliament discusses several draft laws

Parliament on Monday planned to discuss draft laws on Government responsibilities, on local settlement elections, on labor, and on automobile transportation, as well as proposed amendments to the law on local settlement assemblies, a draft resolution amending the 2012 budget, a protocol to reorganize the National Committee from Public Radio and Television, and draft rules to organize a lottery.

N.Dashzeveg: Per capita GDP will rise to USD 10,000

The MPP recently ratified the party’s “People’s Development” program, which promises to dramatically increase per capita GDP in Mongolia by 2031- perhaps up to USD 60,000.

DRAFT LAW AND RESOLUTION REJECTED

Ulaanbaatar, Mongolia /MONTSAME/ At its plenary meeting on Friday, the parliamentary session made a decision to reject a draft package law on innovations and a draft resolution of parliament on setting up Bor-Ondor soum in Khentii aimag.

PRESIDENT LEAVES FOR DORNOGOBI

Ulaanbaatar, Mongolia /MONTSAME/ On Thursday evening, the President Ts.Elbegdorj left for Dornogobi aimag.

MONGOLIA-JAPAN DIPLOMATIC TIES TURN 40

Ulaanbaatar, Mongolia /MONTSAME/ A press conference was called on Wednesday in the Ministry of Foreign Affairs dedicated to 40th anniversary of the Mongolia-Japan diplomatic relations.

AMBASSADOR S.BADRAL WORKS IN GENEVA

Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador-at-Large of Mongolia to the Community of Democracies (CD) S.Badral met on Thursday with Mr. Kassym-Jomart Tokayev, a Director-General of the United Nations Office at Geneva.

Why You Should Make Mongolia Your Next Asian Destination

Mongolia is an underrated destination, often forgotten by the backpackers of Southeast Asia or those concerned with conquering the behemoth that is China.

EURASIA AND CENTRAL ASIA: SOVIET SYNDROME AND GEOPOLITICAL REVERSAL?

In 2011, the Prime Minister of the Russian Federation initiated the creation of a Eurasian Union.

Miners look to a future of automated operations

Most mines are already desolate, vast landscapes filled with the hum of haul trucks and only a few humans.

Report Highlights Six Steps to Help Developing Countries Avoid the "Resource Curse"

GENEVA, Feb 06, 2012 (MARKETWIRE via COMTEX) -- Six building blocks can help lift some of the least developed countries in the world out of poverty by harnessing their mineral wealth, according to a new report published jointly today by the World Economic Forum and The Boston Consulting Group.

The Crippling Cost of Luxury: Mongolian Cashmere

Buyers cruised the makeshift aisles of Ulaanbaatar’s State Circus building this Saturday, taking in some of Mongolia’s finest textiles at a one off wool leather and cashmere market.

Altan Rio Grants Stock Options

The Board of Directors of Altan Rio Minerals Limited, CA:AMO +6.00% (“Altan Rio” or “the Company”) has authorized the Company to grant 1,992,400 stock options (“Options”) to certain directors, officers and consultants of the Company.

Veto power at the UN Security Council

The United Nations Security Council has 15 members, but only its five permanent members - the United States, the United Kingdom, France, China and Russia - hold the power to impose a veto on the council's resolutions.

Mongolian trek the next adventure for West grad

If her life as a shipping lawyer in London and Athens isn’t challenging enough, Erin Shanson can always turn to her lifelong passion of horseback riding.

Mongolia: Ballet, a Soviet Legacy Continues To Thrive in Ulaanbaatar

When a new performance opens at the Mongolian State Academic Theater for Opera and Ballet, the hall sells out quickly.

Museum of mongolian costumes

The Mongolian deel is not only suitable for extreme weather conditions but is elegant as well.

Alexander Zakharov: Mongolians are allowing the value of their camel fur to drop

An interview with Alexander Zakharov, a Russian businessman who exports camel fur from Mongolia to Russia.

Gasoline prices could be going down

The Confederation of Trade Unions (CTU) has demanded that gasoline prices be reduced to their pre-January 6 levels by February 8.

MPP conference focuses on health care, petroleum supply

Delegates attending the third MPP conference discussed the party’s “People’s Development” program at the MPP’s Independence Palace headquarters on Thursday.

President touring aimags

President Ts.Elbegdorj visited Dornogobi and Gobisumber aimags on Thursday to gauge progress on the implementation of a free trade zone in the aimags.

GP officials say GP-CW alliance is illegal

At a press conference on Thursday, Green Party (GP) officials said a recently announced alliance between the GP and the Civil Will Party (CWP) is illegal.

Government announces meeting

On Friday, the Government announced it will hold a special meeting to inform journalists about its works.

MP Z.Enkhbold to appeal to political parties

MP Z.Enkhbold, the head of the NGO “Democratic Forces Union,” spoke with our correspondent at a meeting of the organization in the Government House on Friday.

Judge General visits administration matters court

State Supreme Court Judge General and Court General Council Chief Ts.Zorig visited the Ulaanbaatar Court of Administration Matters on Thursday.

JICA LAUNCHES PROJECT

Ulaanbaatar, Mongolia /MONTSAME/ The Japan International Cooperation Agency (JICA) has begun an implementation of the "Strengthening skills of internal audit, monitoring and evaluation".

CONSULTATION ON PHYSICAL CULTURE AND SPORTS EXPECTED

Ulaanbaatar, Mongolia /MONTSAME/ A national consultation titled "New tendencies of development of physical culture and sports" will take place on February 9-10 in the Government House.

Copper bulls eye $10,000 on China demand

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Mining in Canada contributed $36 billion to GDP, 300,000 jobs, new report finds

Mining in Canada is back and growing according to the latest report by Mining Association of Canada (MAC).

Official Foreign Language Could Hold Key to Further Development

We Mongolians are few.

MPs give opinions on Tavantolgoi shares issue

The Government has determined that 1,072 shares of the Tavantolgoi mining project will be worth MNT 1 million.

Swimming: Exchange students enjoying their time in the pool

EXETER — Yes, there are lakes and swimming pools in dry and cold Mongolia.

Real Estate Mongolia: 20 Pre-IPO Questions With Christopher De Gruben

I first met Christopher de Gruben while in Mongolia for two weeks in September of 2011.

Australian miners test Mongolian frontier

Mongolia is not being short-changed as foreign miners rush to take a slice of its enormous mineral wealth, Australian explorers operating in the vast Asian nation say.

ROUND TABLE MEETING RUNS IN NEW YORK

Ulaanbaatar, Mongolia /MONTSAME/ A round table meeting titled "Mongolia, the USA and world" ran on Tuesday in New York city, USA.

S.BADRAL ATTENDS WORKING GROUP MEETING OF CD

Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador-at-Large of Mongolia to the Community of Democracies (CD) S.Badral participated in a meeting of the CD Working Group of Reform on February 1, 2012.

DRAFT LAWS SUBMITTED TO SPEAKER

Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Finance D.Khayankhyarvaa submitted on Thursday to the Parliament Speaker a draft law on granting some rights to the government and a draft resolution on annulling some clauses in the law on 2012 budget.

Mongolia Lecture Series: Christa Hasenkopf “Clearing the air: The story of the pollution crisis in Ulaanbaatar, Mongolia”

For the first time in human history, we now live in a world where over half of the population resides in urban areas.

Noble Group Ltd : Xanadu in Talks to Sell Mongolian Power-Coal Assets in 6 Months

Xanadu Mines Ltd., an Australian explorer operating in Mongolia, is in talks to sell its thermal coal assets in the nation in the next six months as part of a shift to focus on coking coal.

Among The Kazakh Eagle Hunters

I'm digging through the archives today selecting images for an upcoming exhibition in Almaty, Kazakhstan.

Mongolians urged to make better choices this Lunar New Year

The National Association of Mongolian Consumer Rights has congratulated President Ts.Elbegdorj in his call for an alcohol-free Lunar New Year.

Mongol Bank launches campaign to combat high gas prices

Mongol Bank has launched a public awareness campaign in an effort to fight rising gasoline prices and currency rates.

Social Insurance Fund still owed MNT 13.7 billion

The Social Insurance National Council delivered its 2011 report to the Standing Committee on Social Policy, Education, Culture and Science on Wednesday.

MPRP and MNDP holding debate on teachers

The Mongolian People’s Revolutionary Party (MPRP) and the Mongolian National Democratic Party (MNDP) are jointly holding a debate called “The Value of Teachers” in the Government House on Thursday.

DP to hold online forum

DP officials held their monthly meeting with journalists on Thursday, with MP and DP Chairman N.Altankhuyag, Secretary General D.Erdenebat, and Ulaanbaatar DP Chief Sh.Tuvdendorj taking part.

MPP CONFERENCE BEGINS

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister S.Batbold delivered a report themed "Development program for people" at an opening of the 3rd Conference of the Mongolian People's Party (MPP).

Silk Road Management Launches Two Debut Iraqi Equity Indices

Silk Road Iraq Oil Index surged impressive 24% in January 2012.

Health Ministry to open new diagnostic centers

The Health Ministry is implementing projects and programs costing MNT 280 billion with assistance from 20 donor organizations, including the Asian Development Bank, World Health Organization, United Nations Population Fund, World Vision International, Global Foundation, and the Swiss Development Agency.

Coal or wind? Discussion will address that question

Mongolia’s Economic Forum is organizing a series of discussions ahead of the 2012 Mongolian Economic Forum.

AS MONGOLIA TURNS URBAN

The Economist recently published a three-page briefing about Mongolia, which sits on vast reserves of copper and gold.

US$1.8 billion finance plan for Oyu Tolgoi

A finance plan for Ivanhoe Mines’ Oyu Tolgoi copper-gold-silver mining complex has been approved, with the company securing US$1.8 billion in bridging finance from a major international bank.

China's gold output ranks 1st in world for 5 consecutive years

China's gold output reached 360.96 tons in 2011, up 5.9 percent year-on-year, according to the latest statistics from the China Gold Association. China's gold output has ranked first in the world for 5 consecutive years.

PM: Small businesses should be exempted from taxes

The Government has declared 2012 a year for developing households.

Mongolian economy expands 17.3 percent in 2011

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Mongolia’s economy is set to expand rapidly as the mineral sector gathers momentum.

Xanadu in Talks to Sell Mongolian Power-Coal Assets in 6 Months

Xanadu Mines Ltd. (XAM) , an Australian explorer operating in Mongolia, is in talks to sell its thermal coal assets in the nation in the next six months as part of a shift to focus on coking coal.

PROPOSALS GIVEN TO PARLIAMENT AND CABINET ON URGENT WORKS

Ulaanbaatar, Mongolia /MONTSAME/ At a cabinet meeting held on Wednesday, the Minister of Social Welfare and Labor T.Gandi introduced proposals put by the National Committee, founded at the trilateral National and Social Agreement.

K.SAIRAAN PRESENTS CREDENTIALS TO SULTAN OF OMAN

Ulaanbaatar, Mongolia /MONTSAME/ Last week, the Ambassador Extraordinary and Plenipotentiary of Mongolia to the Sultanate of Oman K.Sairaan presented his letter of credence to Qaboos bin Said al Said, Sultan of Oman.

MONGOLIA SIGNS SEVERAL DOCUMENTS

Ulaanbaatar, Mongolia /MONTSAME/ The Permanent Representative of Mongolia to the UN Headquarters O.Enkhtsetseg signed some documents on behalf of the Government of Mongolia.

DRAFT OF CREDIT AGREEMENT BACKED

Ulaanbaatar, Mongolia /MONTSAME/ At its meeting on Wednesday, the cabinet backed in principle a draft of a credit agreement to be established between the government of Mongolia and the Japan International Cooperation Agency (JICA), dedicated to a program on supporting a social sphere.

DISASTER PROTECTION PLAN APPROVED

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet approved on Wednesday a plan of measures to implement state policy and program on protection against disasters.

MPP RECEIVED OPINIONS AND REQUESTS FROM OVER ONE MILLION PEOPLE

Ulaanbaatar, Mongolia /MONTSAME/ The Mongolian People's Party (MPP) has announced that it received proposals and opinions from about one million people through its campaign called “Let's hear our people”.

“Science Communication on a Shoestring: Some Simple (and Cheap) Ways for an Individual To Expand Science Communication in a Developing Nation”

Many compelling areas of science revolve around research in developing countries.

Centurions Go Global: Christian Worldview Abroad

I guess it goes without saying that the Christian worldview isn't just for Americans ... But I'll say it anyway.

Canadian Stocks Advance as Manufacturing Indexes Gain

Canadian stocks rose for a second day, led by banks and energy producers, after manufacturing indexes in Europe and China surpassed most analysts’ forecasts.

Mongolia: Mining Project Leaving Herders Without Livelihoods

Mining projects in Mongolia promise development of social and economic infrastructure and a way to alleviate poverty, but on the wayside, local communities near the mines are feeling the negative impact as their environment and traditional livelihoods are affected.

Minter Ellison becomes latest firm to launch office in Mongolia

Minter Ellison has launched an office in Mongolia in response to demand from clients for it to have a presence in the region.

Next Stop: Mongolia (Canasta Heads East...Way East)

Some bands tour via car, van or bus, but Chicago indie band Canasta is going to have to manage their upcoming tour with some planes and a convoy of trucks and jeeps.

Ulaanbaatar Administration to light ger districts

Ulaanbaatar Administration says it spent MNT 5 billion on installing streetlights in ger districts last year, and it plans to spend another MNT 9 billion to finish the project.

Number of mining workers increases

The number of workers in the mining sector is growing as rising foreign and domestic investment in the sector is rapidly expanding it.

MPP heard opinions of one million citizens

After its meeting on Tuesday, the MPP Managing Council held a press conference.

Education minister submits draft laws

Education, Culture and Science Minister Yo.Otgonbayar submitted draft laws on the protection of cultural heritage and on excise taxes to Deputy Speaker N.Enkhbold on Tuesday.

Teachers threaten to go on strike again

Teachers are threatening to go on strike again if the Government fails to give them raises on February 8 as promised.

Standing Committee postpones discussion of draft laws

The Standing Committee on Social Policy, Education, Culture and Science has postponed discussion of a package of draft laws on social welfare insurance, on health insurance, and on pensions and subsidies.

Savings Bank, German organization sign agreement

Savings Bank of Mongolia signed a memorandum of cooperation with the German Agency for International Cooperation (GIZ) on Tuesday.

Small and medium-sized businesses discuss goals

The Khan-Uul district governor’s office, the Mongolian National Chamber of Commerce and Industry (MNCCI), and the NGO Business Council jointly organized a conference for small- and medium-sized businesses on Tuesday.

Government discusses numerous draft laws

At the Government meeting on Wednesday, members discussed several draft laws, including amendments to the law on VAT (submitted by MP P.Altangerel), amendments to the law on companies (submitted by MP Ts.Sedvanchig), and draft laws on state audits, on local settlement elections, and on property rights.

OYU TOLGOI SUPPORTS MDGS

Ulaanbaatar, Mongolia /MONTSAME/ The Oyu Tolgoi LLC is committed to contributing to the socio-economic development of Mongolia, the company's website reported on last Saturday.

PROPOSALS GIVEN TO PARLIAMENT AND CABINET ON URGENT WORKS

Ulaanbaatar, Mongolia /MONTSAME/ At a cabinet meeting held on Wednesday, the Minister of Social Welfare and Labor T.Gandi introduced proposals put by the National Committee, founded at the trilateral National and Social Agreement.

DEDICATED TO MONGOLIA MEETING RUNS AT U.S CONGRESS LIBRARY

Ulaanbaatar, Mongolia /MONTSAME/ In frames of the 25th anniversary of the Mongolia-US diplomatic relations, a meeting was held on January 30 in the Library of U.S Congress.

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet met five times in December of 2011, discussing 49 issues and getting acquainted with 12 issues, said on Monday the cabinet secretariat head Ch.Khurelbaatar while reporting on the cabinet's activities in December.

VICE MINISTERS APPOINTED

Ulaanbaatar, Mongolia /MONTSAME/ Some vice ministers were appointed on Tuesday at the irregular cabinert meeting.

Mongolia: Election Law Amended, New Election System Adopted

Mongolia’s Parliament, the State Great Hural, reportedly passed a revision of the country’s election law on December 14, 2011.

Fitch:APAC bank rating outlook broadly stable; downside risks exist

Fitch Ratings says the ratings Outlook for banks in the Asia-Pacific (APAC) region is Stable and reflects the ability, at the banks’ existing rating levels, to weather the weaker global economy and/or the expected ability and willingness of the respective sovereign to provide support.

Baotou Steel Rare Earth expects 3 fold profit jump for 2011

China Knowledge reported that Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Ltd the biggest rare earth producer in China net profit for 2011 might have surged by over three folds from CNY 751 million in 2010.

Australia's Minter Ellison launches in Mongolia

Hong Kong partner Elisabeth Ellis has relocated to Ulaanbaatar to become the office’s resident partner.

Key political risks to watch in Mongolia

ULAN BATOR Feb 1 (Reuters) - Mongolia sits on vast quantities of untapped mineral wealth, the exploitation of which is likely to turn it into one of the world's fastest growing economies over the next decade.

Radiative cooling causes mist in Ulaanbaatar

A foggy and gloomy atmosphere welcomed citizens of Ulaanbaatar on the morning of January 30.

Naran envisions bright future as Mongolia comes out of dark times

Naran Munkhbat roamed the seedy bars and hotel lobbies of Hong Kong looking for her peo­ple.

Minter Ellison Rides Into Mongolia

One steppe at a time.

MINISTERS TO RESEARCH AND IMPLEMENT PROPOSAL TO “APPRECIATE EXCHANGE TO LEVEL BEFORE SUDDEN DEPRECIATION”

According to Government of Mongolia on January 30,2012, during first cabinet meeting of Government formed exclusively by Mongolian People’s Party after exit of Democratic Party from Coalition Government Prime Minister of Mongolia S. Batbold has said

Searching for a winner in rare-earth minerals

Last week I offered a very basic look at the field of rare-earth minerals.

More And More Developing Countries Are Accumulating Gold

Here’s something unexpected. According to IMF data, the central bank of Kazakhstan recently purchased 3.1 metric tons of gold, increasing its reserves by 4.2%.

Transforming economic growth into economic development

Not all economic growth can be turned into productive development.

New Mongolian ambassador submits his credentials to President Ahmadinejad

According to the report of Presidential Office website, President Ahmadinejad said in the meeting that the two countries have friendly ties with a long history and Iran is interested to strengthen relations and cooperation with Mongolia in all fields.

Jon Hykawy: Mongolia should be careful with their rare earth minerals

In mid January 2012, the “Rare earth minerals: from mining to the market” forum took place in the President’s Civilian Chamber.