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NGOs request investigation in Petrochina

A number of environmental protection movements in the country have jointly sent a report to the President,
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Mongolia ranks 39th in list of countries with natural gas

The exploration of 14 blocks in the Toson Uul oil deposit led by PetroChina Dachin Tamsag has revealed a total reserve of 119.02 million tons of crude oil.
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Human Rights 2009 reports on corruption

Despite the fact that the law provides criminal penalties for official corruption in Mongolia,
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July 1st incident 2nd open hearing scheduled for April 14

MP Kh. Temuujin, head of the working group set up to assess possible human rights violations during the July 1 incidents,
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USD17.2 million to be spent on Property Rights Project

According to a study, only 7.5% of UB’s metropolitan citizens own land, despite the launching of a land owning campaign in 2003.
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Ya. Sodbaatar denies talks with D. Surenkhor

Ya. Sodbaatar, director of the State Special Inspection Agency denied in an interview that he has talked to former
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Minister D. Zorigt speaks on Oyutolgoi

MP D. Zorigt, Minister for Minerals and Energy has expressed himself in an interview on Oyu Tolgoi and Tavan Tolgoi projects.
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Is the Human Development Fund positive or negative?

Around 1.3 million children, elders and disabled citizens have already received MNT70 thousand each from the Human Development Fund before Tsagaan Sar
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Chinalco in talks about JV with Rio Tinto

China’s top state-owned nonferrous metals company Chinalco has confirmed in a Chinese newspaper
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Reuters releases timeline of Mongolia’s key investment decisions

1990 - Mongolia opens the door to overseas companies after passing the Foreign Investment Law,
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Dangerous and clinical waste management discussed

Reports and information about roles and participation in eliminating and burying dangerous waste were handed out to the participants
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Kiu Hung Energy to buy HKUSD1.4-bln coal asset in Mongolia

Mar. 18, 2010 (China Knowledge) - Kiu Hung Energy Holdings Ltd0381, which was formerly known as Kiu Hung International Holdings Ltd,
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Red Hill Energy Inc. and Prophecy Resource Corp.: Preparations Underway for Mongolian Coal Production Red Hill Negotiates Purchase of Ulaan Ovoo N.S.

Red Hill Energy has engaged Wardrop Engineering Inc., a leading international mining engineering company,
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Shenshua still pursues Tavan Tolgoi project

According to Reuters, China Shenhua Energy Co Ltd said it is still in the running for a stake in Mongolia’s massive Tavan Tolgoi project,
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President proposes initiatives to alleviate present and future rural crisis

Mongolia’s President Elbegdorj visited several western provinces during his tour of the country from February 27 to March 5, 2010.
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Forum on Hong Kong Listing of Mongolian Enterprises

he Foreign Investment and Foreign Trade Agency of Mongolia in conjunction with Hong Kong Exchanges and Clearing,
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Khovsgol police campaigns against alcoholism

Mongolia’s Police Department in association with the “AA” club NGO is running a campaign against alcoholism in the Khovsgol province.
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BOJ likely to announce additional easing measures

The yen was on defensive on Monday, hovering within striking distance of three-week lows against the U.S. dollar, on growing expectations the Bank of Japan could mull loosening monetary policy further this week.
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Mongolians trains Afghan soldiers

According to the NATO Training Mission,
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Human Right 2009 report on Mongolia’s prisons and detention conditions

The 2009 human right report has described conditions in Mongolian prisons as poor but improving significantly during the year.
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170 Mongolian students compete for place in Turkish Olympiads

Students from Mongolia have put their Turkish skills to the test in the Mongolian capital of Ulan Bator for a chance to participate in the 8th Turkish Olympiads.
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Key resources moves by Mongolia since 1990

May 2009 - Russian mining company Altan Dornod Mongol sues the Mongolian government for USD1 billion at the Frankfurt Court of International Arbitration, saying the windfall tax violates international law.
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Rio Tinto to explore JV possibility with Chinalco

Australian mining giant Rio Tinto is interested to set up a joint venture with Aluminum Corp of China, the largest alumina producer in the country and also the largest shareholder of Rio Tinto with a 9% stake.
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Civil Movement rally in UB city centre

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

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

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

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

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

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

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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