For decades the global resources industry which had its eye on Mongolia’s huge mineral deposits was deterred by a combination of corruption and political instability.
The Government is expected to announce measures that will protect herders’ assets from being seized as their indebtedness to the banks now reaches MNT60 billion.
A strong outspoken contingent at this year’s copper gathering in Chile said copper prices are more likely to rise beyond their current historically high levels, especially if developed economies begin to recover more robustly.
A study from scientists in China, Britain and Germany has overturned the past belief that manure from livestock helps spur releases of nitrous oxide, a powerful greenhouse gas.
As Mongolia was about to participate to the international event “1000 cities – 1000 lives”, promoting healthier cities and citizens, more than 2,500 doctors and medical staff demonstrated Thursday demanding the doubling of their monthly salaries
MPRP chairman S. Bayar announced yesterday in Mongolia’s “Grey Palace” during a party conference gathering around 200 MPRP members his will to resign from his position within the party
As of April 6, 2010, 6 million 69 thousand 699 heads of livestock perished nationwide due to this year disastrous zud, announced the Ministry of Food, Agriculture and Light Industry.
Black and white South Africans scuffled in heated confrontations reminiscent of racial apartheid this Tuesday as two males farm workers aged 28 and 15 were being charged with the murder of AWB leader Eugene Terre’Blanche.
According to Russian newspaper “Kommersant”, Russian state nuclear holding’s ARMZ announced this Sunday that Russia’s Rosatom is to take 49% stake in a joint venture to develop Mongolia’s Dornod uranium deposit.
Prime Minister S. Batbold declared during a Government meeting last Friday that the Tavantolgoi issue will soon be decided and that Mongolian national interests will be at the forefront when the agreement is made with investors.
Recently and unanimously elected new chairman and chief executive officer of the General Council of the Ulaanbaatar Railway V.V. Morozov announced a long-term strategy to achieve higher growth and efficiency in the Mongolian Russian joint venture.
Earlier this week, around 5,000 people took to the streets of Ulan Bator to demand those same politicians fulfil the promises they made during the 2008 election campaign
Mongolia has virtually every desirable mineral resource. Gold, copper, coal, uranium, iron ore and oil all lie below the earth of this huge landlocked nation.
