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MONGOLIA - News

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

Local graduate heading to Mongolia

Posted: August 8, 2012 on: General, Mining

Today, former Durango High School student Lucas Beard, son of Kim Eisner and Dana Beard, will move to Mongolia on a coveted yearlong Fulbright scholarship to study Chinese immigrants working in mines.

Erdene Finalizes Agreement to Separate Donkin Coal and Mongolian Minerals Exploration Projects into Separate Public Companies

Posted: August 8, 2012 on: business, Mining

Erdene Resource Development Corp. ("Erdene" or the "Company") CA:ERD +4.55% is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") with Advanced Primary Minerals Corporation ("APM") to exchange all of Erdene's North American property interests, comprised primarily of Erdene's interest in the Donkin Coal Project in Cape Breton, Nova Scotia, for shares of APM. The transaction is being completed by way of a court-approved plan of arrangement (the "Arrangement").

World Aviation Systems Appointed To Represent Mongolian Airlines, To Support Rapidly-Expanding Resources And Tourism Industries

Posted: August 7, 2012 on: General, International

World Aviation Systems has been appointed to represent MIAT Mongolian Airlines in Australia, as the carrier expands its international presence in response to growing activity in the resources and tourism sectors.

West Eyes Strengthened Ties with Mongolia

Posted: August 7, 2012 on: General, Political

Mongolia continues its rapid ascent in the strategic playbook of the United States.

A Master plan of “Sainshand” introduced

Posted: August 7, 2012 on: General

The parliament of Mongolia approved a master plan of Sainshand Industrial complex in June of 2011.

Olympic medalist athletes awarded in cash

Posted: August 7, 2012 on: International, Sport

A Silver medalist of London Olympic Games Naidan Tuvshinbayar and bronze medalist Sainjargal Nyam-Ochir yesterday arrived in Ulaanbaatar, Mongolia.

Mongolian news agency seeks closer ties with VNA

Posted: August 7, 2012 on: General

HA NOI – Vietnam News Agency (VNA) general director Nguyen Duc Loi met with the director general of Mongolia's Montsame News Agency, Sukhbaatar Altantsetseg, yesterday.

Prophecy Coal debuts power division to focus on power sector in Mongolia

Posted: August 7, 2012 on: business, Mining

Prophecy Coal Corp. (CVE:PCY) Tuesday unveiled its power division named Prophecy Power, a unit to focus on the power sector in Mongolia

NVMN: Third-Party Estimate States Lithium Reserves on Mongolian Mining Properties Under Contract Could be in Excess of $12 Billion

Posted: August 7, 2012 on: business, Mining

Nova Mining Corp. (OTCBB: NVMN) is pleased to announce that the Company has received a third-party estimate of the commercially recoverable lithium deposits located on the Bayankhongor mining property in excess of $12 Billion USD at current market prices.

Jailed Mongolian ex-president's party considers joining government

Posted: August 7, 2012 on: Political

The Mongolian People's Revolutionary Party (MPRP), whose founder was controversially sentenced to jail last week, remains open to joining his main adversary's party in government.

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