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Civil Movement rally in UB city centre

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A rally took place yesterday afternoon, gathering thousands of people on Peace Avenue, in the city centre of UB.

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Direct investment increases, external trade balance surplus dicreases

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In the fourth quarter of 2009, foreign direct investment in Mongolia equalled to USUSD284.1 million, increasing by USUSD157.5 million,

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Statistics show healthier government finances

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In the first two months of 2010, total revenue and grants of the General Government budget amounted to MNT 326.7 billion while total expenditure and net lending amounted to MNT 378.1 billion,

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Mongolia Energy to delivery coal in august

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Mongolia Energy Corp (MEC), a former technology company that remade itself into a natural resources developer in 2007, will deliver its first coking coal cargo this August and is looking at projects beyond Mongolia, a senior executive said.

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Mongolia to start sea-buckthorns program

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Mongolia’s ”Sea-buckthorns” program was approved at the Wednesday’s cabinet meeting in accordance with the governmental activity program in 2008-2012.

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Erdenes grants Hunnu Coal with option to acquire 80% in coal project

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Hunnu Coal has announced it has been granted an option to acquire an 80% interest in the Erdenes Thermal Coal Project in the Dornogobi province of south eastern Mongolia.

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World Bank releases positive update

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The World Bank has released its Mongolian Economic Update for January 2010 in it provides a review of the main economic, fiscal and financial developments over 2009, as well as the policy response and future challenges.

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Украин шинэ Ерөнхий сайдтай боллоо

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Өчигдөр Украины парламент хуралдаж парламентад суудалтай намууд шинэ эвсэл байгуулах шийдвэр гаргасан байна.

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Mothers in Mongolia receive aid during ’dzud’ weather pattern

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11 Mar 2010 [MediaGlobal]: Severe and destructive weather patterns in Mongolia have made it very difficult for expectant mothers,

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Mongolian protestors demand health minister resign

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Hundreds of protesters gathered in Ulan Bator’s central Sukhbatar Square Thursday to demand the resignation of Mongolia’s health minister for failing to curtail the spread of the H1N1 strain of influenza.

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Indian Parliament gives women a third of its seats

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Indian politicians took an important step on the path to making history when they overwhelmingly voted to reserve a third of all legislative seats across the country for women this Tuesday.

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Government against coal export price cut

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B. Altsukh, senior specialist at the Fuel Policy Department in the Ministry of Mineral Resources and Energy,

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Parliamentarian introduces bill to develop rural economy

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Parliamentarian N. Batbayar introduced to the electors his bill “Development of Mongolia” that aims to increase families’ incomes in the country’s rural communities by trying to boost the rural economy.

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Human and technical support for herders and medical staff

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In response to this year’s dire winter which hit Mongolia herding communities,

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Mongolia to adopt European standards

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Mongolia’s Prime Minister S. Batbold announced the will to introduce European standards in all spheres of the Mongolian society.

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Mongolia to improve its SLP in Indonesia

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Mongolia is about to look more closely at Indonesia’s independent community empowerment national program (PNPM) with the hope to improve its own Sustainable Livelihood Program (SLP).

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Economic uncertainties push gold price up

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During the week the ECB (European Central Bank) left benchmark interest rate at 1.00% as widely expected.

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Манай дэлхийн баячууд

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“Forbes” сэтгүүл уламжлал ёсоор дэлхийн тэрбумтнуудын жагсаалтыг гаргалаа.

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Tavantolgoi- Oyutolgoi-Gashuun sukhait route to be paved by 2011

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Minister for Environment and Tourism L.Gansukh has held a meeting to discuss the construction of a road to transport coal from Tavantolgoi, Oyutolgoi, and Gashuunsukhait .

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MPRP replaces leaders in Songinokhairkhan after citizens’ complaints

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Two MPRP members hold responsible for misconduct and for working against the interests of the party’s unity have recently submitted their resignation to the Party’s Executive Board.

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Hearsay of a new lawsuit filed against the Government

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Goldman Sachs Group Inc., a global investment banking and securities firm which engages in investment banking,

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Mongolian firms soon to be listing abroad

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Mineral rich and landlocked Mongolia is attracting more attention from global investors after it sealed a deal in October with Ivanhoe Mines and Rio Tinto to develop the USD3 billion Oyu Tolgoi mine,

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China’s coal output to increase in 2010

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According to Wu Yongping, Datong Coal Mine Group’s chairman,

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Garrison International Ltd.: Construction Recommences at Tovshiir Gold Project, Mongolia

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Blair Krueger, President of Garrison, reports that ”the financial crisis that significantly delayed Garrison in the development of this operation is now behind the company.

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Austria considers Mongolia as important EU partner in Asia

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Austrian Prime Minister Werner Faymann (R) meets with visiting Mongolian Prime Minister Suchbaatar Batbold in Vienna,

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Hunnu Coal to acquire additional thermal coal project in Mongolia

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Hunnu Coal (ASX: HUN) has been granted an option to acquire an 80% interest in the Erdenes Thermal Coal Project (EL14733) which is located in the Dornogobi Province of south eastern Mongolia.

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