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NEWS - Economical

All the latest news and analysis from Mongolia concerning its economy and economical development.

SouthGobi

SouthGobi shares hit record low

Posted: September 5, 2012 on: business, Economical, Mining

Shares of the Canadian company, SouthGobi, which is involved in mining in Mongolia, have fallen to a record low here after the Aluminum Corporation of China, Chalco, dropped its plan to buy a majority stake in the firm.

Coal mine in Mongolia

SouthGobi shares plunge as Chalco walks away

Posted: September 5, 2012 on: business, Economical, Mining, Political

Shares of SouthGobi Resources Ltd fell more than 17 percent on Tuesday, a day after China"s Chalco said it had dropped its $926 million takeover bid for the Mongolia-focused Canadian coal miner in the face of political opposition

Discover Mongolia 2012

10th Discover Mongolia 2012 Forum

Posted: September 3, 2012 on: business, Economical, International, Mining

The Discover Mongolia forum began yesterday at 9 am at the Children’s Palace.

Oyu Tolgoi Mongolia

Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi

Posted: August 30, 2012 on: business, Economical, Mining

Turquoise Hill Resources, formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up with initial production expected to start by year-end.

Mongolia South Gobi Mine map

The Mineral, Metal and Fuel Resources of Mongolia

Posted: August 30, 2012 on: business, Economical, Mining

Mongolia is located in Northern Asia, between Russia and China.

Bread

Bread price increases

Posted: August 30, 2012 on: Economical

Price of “Atar” bread will increase by MNT 210 beginning from September 1.

Mongolian young student

Four Projects will be realized by "Grass Root"

Posted: August 27, 2012 on: Economical, General, International

Within the Japanese "Grass root" program, four projects contract were signed on August 27

Government mongolia

Mongolian politicians juggle economic nationalism with dependence on China

Posted: August 25, 2012 on: business, Economical, Political

It is no surprise that one of the first foreign officials on the plane to Ulan Bator last week after a new Mongolian government was finally put together after June’s election was China’s State Councillor and national security adviser Dai Bingguo.

Oyu Tolgoi Mine

Mongolia mining minister seeks bigger Oyu Tolgoi stake: report

Posted: August 24, 2012 on: business, Economical, Mining, Political

Mongolia should seek to raise its stake in the giant Oyu Tolgoi copper and gold project, the country's new mining minister said, adding weight to concerns among foreign investors about rising resource nationalism following a June election.

Macroeconomic indicators and Production approach by July 2012

Posted: August 13, 2012 on: Economical

In the first half of 2012, GDP by reached 6185.7 bln.tog at current prices increases 31.8 percent compared to the previous year.

Real Estate Mongolia

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