NEWS - Short News
A collection of the latest news concerning Mongolia complied from third party sources.
Mongolia’s Challenges Need Careful Consideration
Posted: May 17, 2012 on: business, Economical, InternationalMongolia has a potentially great future ahead of it. I am sure you have all heard that before.
Mongolia Growth Group Ltd. Agrees to Sell Shares of Mandal General Insurance to UMC Capital
Posted: May 17, 2012 on: business, Economical, MiningMGG is pleased to announce that it has agreed to and signed a binding term sheet agreeing to sell shares of Mandal General Insurance (MGI) to UMC Capital, the operators of MGI, at a purchase price equivalent to MGG's original funding cost in June of 2011.
Ivanhoe says Mongolian mine on target for production
Posted: May 17, 2012 on: business, International, MiningIvanhoe Mines Ltd. (IVN-T9.070.323.66%) has reported a narrowing of its first-quarter loss as the Vancouver-based miner said its promising Oyu Tolgoi copper-gold project in Mongolia remains on track for commercial production next year.
Steel Authority of India Sets Sights on Mongolia
Posted: May 17, 2012 on: business, International, PoliticalNot surprisingly, Indian steelmakers are looking towards mineral-rich Mongolia to get in on the action of the huge mineral wealth in that country.
Chalco Targeted as Mongolia Seeks to Limit State Deals
Posted: May 17, 2012 on: business, Economical, MiningMongolia, the commodity-rich nation that posted the world’s fastest economic growth in 2011, is on course to pass a law by June that will bar foreign state-owned companies from controlling its key assets.
Mongolia Was Under Pressure Over Presidential Detention
Posted: May 15, 2012 on: PoliticalMongolia’s leadership faced growing international pressure over its treatment of a detained former president before a local court on Monday sanctioned his release.
The “Future Mongolia” opens
Posted: May 15, 2012 on: business, GeneralThe “Future Mongolia” exhibition-fair opened today, on May 16, at Buyant-Ukhaa complex near the UB city.
The “Mongolian Power-2012” is runs
Posted: May 15, 2012 on: business, General, InternationalThe international forum “Mongolian Power-2012” started yesterday, on May 15, at the Chingis khan hotel, in Ulaanbaatar.
PAVED ROAD WILL BE RENOVATED UNDER INDIAN COMPANY CONTROL
Posted: May 15, 2012 on: General, InternationalA ceremony took place on May 15 to launch a renovation of a 32.2 km paved road to Jargalant and Bornuur soums of Tuv aimag.
DFAT wants diplomats in more nations, including Mongolia
Posted: May 15, 2012 on: International, PoliticalThe Department of Foreign Affairs and Trade (DFAT) wants to open new diplomatic missions in Mongolia, Thailand, Kazakhstan and tiny Tuvalu.
Mongolians in abroad to vote on June 10
Posted: May 15, 2012 on: GeneralBy the new Election law Mongolians who lives abroad will vote to the election a first time
Planting is easy, but taking care and maintaining is the most important
Posted: May 15, 2012 on: EnvironmentThe President of Mongolia Ts. Elbegdorj participated in the event ‘Green city 2012’ which took place in Builder’s Square.
Economic sector indicators by April 2012
Posted: May 15, 2012 on: EconomicalIn the first 4 months of 2012, at national level natural losses of adult animals down by 167.1 thous.heads or 46.2 percent to 194.8 thous.heads compared to same period of the previous year
N.Tungalag: Mongolian Khans were the first to establish international astrological studies
Posted: May 15, 2012 on: GeneralIt is said that refuse in space has increased to a point where satellites and orbiting modules are in danger of being hit by them. At present there are around 17 thousand registered objects orbiting the earth’s atmosphere.
Forest of fossils faces threats from coal mines
Posted: May 15, 2012 on: Environment, General, MiningHad it not been for coal mining, Wang Jun may never have made his most important discovery: a forest buried by a volcanic eruption almost 300 million years ago.
SouthGobi posts profit, says Mongolia mines open
Posted: May 15, 2012 on: Economical, MiningSouthGobi Resources, a coal miner with operations in Mongolia, reported a first-quarter profit on Monday, as its sales nearly doubled and its average selling price rose.
Newcastle medical trio in mercy trek to Mongolia
Posted: May 15, 2012 on: GeneralWITH ravines, mountains and deserts along the way, its going to be a journey riddled with danger.
SAIL signs MoU with Mongolia to develop iron ore, coal deposits
Posted: May 11, 2012 on: business, International, Mining, PoliticalSteel Authority of India Ltd (SAIL) plans to develop iron ore and coal mines in Mongolia in collaboration with the local government.
Tax revenue from Mongolia’s mining: US$330 per Mongolian
Posted: May 11, 2012 on: Economical, General, MiningWith a population of 2.8 million people, Mongolia collected US$330 per person from its oil and mining resources, shows the country’s 2010 EITI report that was released on Tuesday 8 May.
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