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MONGOLIA - News

A collection of all the business news concerning Mongolia and its investment environment.

MIAT airline flight

MIAT will not alter ticket prices

Posted: November 1, 2012 on: Economical, General

Members of the Standing Committee on Economy have reported issues with the MIAT Mongolian Airlines company

Tavan Tolgoi Mine, Mongolia

Erdenes-Tavan Tolgoi Says IPO Unlikely Before 3Q

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

Mongolia-based Erdenes-Tavan Tolgoi Co. said Tuesday the company's planned $3 billion Hong Kong, London and Ulan Bator initial public offering is unlikely to be held before the end of the third quarter because of poor market conditions and weak coal prices.

Kincora Copper Mine Site

Kincora Copper’s more aggressive exploration is ‘very positive step’ – broker

Posted: October 30, 2012 on: Mining

Mongolia-focused Kincora Copper (CVE:KCC) is taking a “very positive step” by using more aggressive geophysical tools, according to broker Ocean Equities.

Economy, business and growth

Mongolian economy to maintain good growth, but faces threats: WB expert

Posted: October 30, 2012 on: Economical

Mongolia’s economy would grow 11 to 12percent in 2012 but still faced major challenges, the World Bank said Tuesday.

Oyu Tolgoi Site mine mongolia

Mongolia to recover mine supply to China in 5-10 months: Mongolia official

Posted: October 30, 2012 on:

Mongolia expects to recover its mine supply to the Chinese market in five to ten months as China has reduced purchasing mine in Mongolia due to the sluggish global economy, the vice minister of the country's Ministry of Economic Development Chuluunbat Orhirbat said here on Tuesday.

Bank

Mongolia Growth Rate May Sink by One-Third, Central Banker Says

Posted: October 30, 2012 on:

Mongolia’s central bank governor said that the nation’s growth rate may slow by a third this year from a record 17 percent in 2011 as inflows of foreign investment cool.

Oyu Tolgoi on a map

“Oyutolgoi” has 400 million US dollar salary fund

Posted: October 30, 2012 on: business, Economical, International

An expert on “Oyutolgoi ” LLC, S.Gantuya, has claimed that there is huge difference between Mongolian and foreign staff salaries.

Company Investing in Mongolia

Mongolia Investment summit held in Hong Kong

Posted: October 30, 2012 on: business, Economical, International

The Mongolia Investment summit is being held in Hong Kong today.

Energy electricity mongolia

Electricity Shortages May Darken Mongolia's Future

Posted: October 29, 2012 on: Economical

Electricity is a regular topic of conversation in Umnugovi that has the feel of an unexplained natural phenomenon.

Research reveals climate conditions at beginning of Khan’s rise to power

Posted: October 29, 2012 on: culture

Research published in the journal Science has helped to explain the climate conditions behind Genghis Khan’s rise to power

Real Estate Mongolia

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