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  • Ts.Elbegdorj...
    By B.KHASH-ERDENE The President of Mongolia Ts.Elbegdorj ...

    Ts.Elbegdorj: Oyu Tolgoi should help Mongolia prosper, not leave it with a scar

    By B.KHASH-ERDENE The President of Mongolia Ts.Elbegdorj has made a statement regarding the need for greater transparency and improved management of ...
  • Growth in 20...
    Which economies will grow and shrink ...

    Growth in 2012

    Which economies will grow and shrink the fastest in 2012? LIBYA’S economy will grow faster than any other in 2012, ...
  • MT Drilling ...
    Domestically-financed MT Drilling LLC, a branch ...

    MT Drilling discusses oil exploration plans

    Domestically-financed MT Drilling LLC, a branch of the MT Group, has revealed its plans for oil exploration in Mongolia.MT Drilling ...
  • Fired worker...
    Representatives of 49 workers recently fired ...

    Fired workers stage protest at South Gobi Sands

    Representatives of 49 workers recently fired from South Gobi Sands LLC met with company officials Wednesday morning. The workers say they ...

Miningshow all mining articles

Rio shuns Mongolia plan to swap Oyu Tolgoi equity for royalties
Rio shuns Mongolia plan to swap Oyu Tolgoi equity for royalties(0)

LONDON – Global miner Rio Tinto is not interested in a proposal by Mongolia to cut its equity stake in key mines such as Rio’s Oyu Tolgoi in exchange for more royalties, CEO Sam Walsh said on Thursday. Last week, Mongolian Prime Minister Chimed Saikhanbileg proposed an amendment to the country’s mineral resources law to

Day 819: Mongolia’s Mining Squabbles Squander Sovereignty And Gift China Power
Day 819: Mongolia’s Mining Squabbles Squander Sovereignty And Gift China Power(0)

Since August 2011, a swathe of Mongolia’s politicians have committed themselves to a series of public squabbles with international mining companies operating in Mongolia. These politically staged disputes are ultimately diminishing a century of work by Mongolia’s politicians to be independent of China. The politicians behind these schemes seem unable to comprehend the knock-on effects

Rio Tinto rejects Mongolian offer to lift Oyu Tolgoi stake
Rio Tinto rejects Mongolian offer to lift Oyu Tolgoi stake(0)

RIO Tinto will not take up a Mongolian government offer to boost the company’s stake in the $US11 billion ($14bn) Oyu Tolgoi copper and gold mine but says it would not be averse to the country selling its mine stake. Rio finance director Chris Lynch says he feels no closer to resolving a stand-off with

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Politicsshow all politics articles

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MONGOLIA’S POLITICIANS UNITE OVER ECONOMIC DOWNTURN
MONGOLIA’S POLITICIANS UNITE OVER ECONOMIC DOWNTURN(0)

Mongolia’s perpetually conflicted parties have cast aside their differences to form a “super coalition” in the face of numerous economic problems, such as falling commodity prices in the mining sector, the country’s most important industry. The ruling Democratic Party and its main opposition, the Mongolian People’s Party, have joined hands to tackle the problems, together

Mongolia politicians form super coalition
Mongolia politicians form super coalition(0)

Mongolia’s squabbling political parties have cast aside their differences and formed a super coalition to face up to a wave of economic problems amid the fall-off in commodity prices. The ruling Democratic party and the Mongolian People’s party, the main opposition party, have been joined by members of the Justice Coalition and Civil Will-Green party

Mongolia to form coalition government to ‘overcome’ economic crisis
Mongolia to form coalition government to ‘overcome’ economic crisis(0)

The Democratic Party’s (DP) recently appointed Prime Minister Ch.Saikhanbileg will join hands with the Mongolian People’s Party (MPP), the opposition party in Parliament, to form a coalition government that promises to end the economic crisis without taking on more national debt. At Saturday’s MPP meeting, over 200 members of the party voted to form a

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Regionalshow all regional articles

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ONE DEAD, 20 HURT IN PROTESTS AGAINST COPPER MINE 
IN MYANMAR
ONE DEAD, 20 HURT IN PROTESTS AGAINST COPPER MINE 
IN MYANMAR(0)

A woman was killed and over 20 protestors injured on Monday in clashes with police over a copper mine in Myanmar after a Chinese company announced it would resume construction at the site. According to activists and opposition lawmaker Khin San Hlaing, the confrontation at the proposed Letpadaung copper mine, owned by Wanbao Mining Ltd,

Silver, Silk Roads and RMB internationalisation
Silver, Silk Roads and RMB internationalisation(0)

STUDENTS of Renminbi (RMB) internationalisation tend to forget that the globalisation of Chinese currency happened much earlier with copper coins, which were first standardised and minted in the Qin Dynasty (260 to 210 BC). My old Chinese art historian teacher used to tell me that Chinese coins and ceramic shards were the first durable global

Mongolia hosts international workshop to work towards joining APEC
Mongolia hosts international workshop to work towards joining APEC(0)

A two-day international workshop themed “Strengthening Mongolian National Capacity Building to join Asia-Pacific Economic Cooperation” was cooperatively organized by the Academy of Diplomacy under the Mongolian Ministry of Foreign Affairs and Economic Cooperation, the Research Center for General Coordination of Foreign Policy, and Konrad Adenauer Foundation, in Ulaanbaatar, on December 2 to 3. The workshop

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Mongolia May Consider IMF Standby Program, Prime Minister Says
Mongolia May Consider IMF Standby Program, Prime Minister Says(0)

(Bloomberg) — Mongolia sees a standby program as only one of several options for International Monetary Fund support to help

Japan, Mongolia pact may boost car exports
Japan, Mongolia pact may boost car exports(0)

Tokyo • Japan and Mongolia signed a free trade agreement Tuesday that is expected to open the landlocked frontier market

IMF Agrees to Discuss Support for Mongolia as Economy Slows
IMF Agrees to Discuss Support for Mongolia as Economy Slows(0)

(Bloomberg) — Mongolia requested cooperation from the International Monetary Fund, as slowing growth and plunging foreign investment raise pressure on

Mongolia’s economic prospects turn sour from external pressures
Mongolia’s economic prospects turn sour from external pressures(0)

Mongolia experienced drastic changes in its macroeconomic environment in 2014. The economy is expected to grow by 7 per cent

External Forces are Creating Mongolian Economic Headwinds
External Forces are Creating Mongolian Economic Headwinds(0)

The economy expects to grow by 7 percent in 2014. This is a healthy pace. But the majority of this

World Bank Urges Mongolia to Boost Resilience of Slowing Economy
World Bank Urges Mongolia to Boost Resilience of Slowing Economy(0)

ULAANBAATAR, December 18, 2014—Vulnerabilities in the Mongolian economy demand actions to bolster its resilience, according to the World Bank’s latest

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Financeshow all finance articles

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IFC Finance : Supports Mongolia’s Secured Transactions Reform, Expanding Access to Credit for Smaller Businesses
IFC Finance : Supports Mongolia’s Secured Transactions Reform, Expanding Access to Credit for Smaller Businesses(0)

In Beijing: Jing Yu Phone: +86 10 5860 3098 E-mail: jyu1@ifc.org In Hong Kong: Hannfried von Hindenburg Phone: +852 2509-8115 E-mail: hvonhindenburg@ifc.org

Michelmores extends international credentials in Mongolian bank deal
Michelmores extends international credentials in Mongolian bank deal(0)

Leading law firm Michelmores’ London office has advised private equity groups Bamboo Finance and Triodos Investment Management on the sale

BANK OF TOKYO MITSUBISHI UFJ TO OPEN ITS REPRESENTATIVE
BANK OF TOKYO MITSUBISHI UFJ TO OPEN ITS REPRESENTATIVE(0)

October 22, 2013 The Bank of Mongolia (BoM) has allowed the Bank of Tokyo Mitsubishi UFJ Ltd (BTMU) to open

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Interviewshow all interview articles

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B.Amarsaikhan: I specifically wore deel to promote Mongolian traditional clothing
B.Amarsaikhan: I specifically wore deel to promote Mongolian traditional clothing(0)

Trans. by B.DULGUUN  The following is an interview with B.Amarsaikhan, who is the first Mongolian actor to set foot into

Mongolia’s urbanization
Mongolia’s urbanization(0)

Economic development has led to rapid growth of the real estate sector, particularly residential as more and more Mongolians find

Sino-Mongolian celebrations
Sino-Mongolian celebrations(0)

This year marks the joint celebration of Sino-Mongolian relations, with 2014 being the 65th anniversary of the establishment of diplomatic

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