Winner questions Mongol Derby tie

The Mongolia Today newspaper reports on the Press Conference held by Long Riders Temuujin Zemuun, Batmonkh Muntuush and Bonnie Folkins. Pictured also is the delivery of the international petition to the President by the Long Riders and Buddhist monks. Long Rider...

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News from Mongolian Environmental Group of United Movement of Mongolian Rivers and Lakes

Mongolian Environment Group-River Movements monthly update for December, 2009.Regarding the law implementationFollowing the passing of the law “to prohibit mining operations at headwaters of rivers, protected zones of water reservoir and forested areas”, the 50th Parliamentary resolution was developed. The River Movements sent official documents regarding...

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Mongolia to set up IT outsourcing centre with India's help

NEW DELHI: Mongolia, the land of the legendary warrior Chenggis Khan, is all set to open its first major IT outsourcing centre with India's help. While the two countries are working together in a number of fields, information technology (IT) is one in which they have close collaborations, the country's envoy said. Mongolian Ambassador Voroshilov Enkhbold...

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IMF Executive Board Completes Third Review Under Stand-By Arrangement with Mongolia and Approves US$24.1 Million Disbursement

Press Release No. 09/475December 22, 2009 The Executive Board of the International Monetary Fund (IMF) today completed the third review of Mongolia's economic performance under a program supported by an 18-month Stand-By Arrangement (SBA). The completion of the review enables the immediate disbursement of an amount equivalent to SDR 15.33 million (about...

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Mongolian throat singing rocks the world

By Xing DaiqiHoomii, also known as Mongolian throat singing, is an ancient musical art dating back a thousand years. The exquisite art form has been brought back to life on the Chinese rock scene, where the mysterious sound has been blended into electric guitar rhythms.You hear hoomii in several recent movie soundtracks, including the most recent Chinese...

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Gulfside Minerals Ltd. - Onjuul Phase 1 drilling complete

TSX.V - GMGVANCOUVER, Dec. 22 /PRNewswire-FirstCall/ - Robert L. Card, President of Gulfside Minerals Ltd. (TSXV:GMG) ("Gulfside" or the "Company"), is pleased to report that Phase 1 of Gulfside's drilling program on the Onjuul coal project in Mongolia has been successfully completed. The Company has completed 10 planned holes in this phase, with an...

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Mitsubishi Corp Joins AREVA in Uranium Exploration Projects in Mongolia

Tokyo, Dec 22, 2009 (JCN) - Mitsubishi Corporation has agreed with AREVA to terms for joint participation in significant uranium exploration projects in Mongolia's Dornogobi and Sukhbaatar Provinces.In exchange for a proportional contribution to AREVA's past and future expenditures in Mongolia, Mitsubishi Corporation will acquire the right to purchase...

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Collaborative Approach Passes Field Test on Mongolian Grasslands

A new approach known as co-management of natural resources is an effective alternative in many circumstances for managing common resources sustainably and equitably. Common property resources such as soil and water are the stuff of life. But they are also potentially rivalrous and, if not managed wisely, can be used up. This year’s Nobel Prize in...

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Entree Gold 2009 Exploration and Corporate Update

VANCOUVER, Canada, December 21 /PRNewswire-FirstCall/ -- Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - "Entree" or the "Company") reached a number of milestones in 2009. These include the conversion of key concessions at Lookout Hill, Mongolia into long term mining licences as part of the Oyu Tolgoi Investment Agreement; acquisition and...

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AREVA and Mitsubishi Corporation sign an agreement in Uranium Exploration

Monday, Dec 21, 2009AREVA and Mitsubishi Corporation agreed terms for a partnership in Mongolia. AREVA has invited Mitsubishi Corporation to participate in the development of its uranium explo-ration assets in Mongolia with the possibility of acquiring 34% of AREVA Mongol over time. This agreement represents a substantial step in the development of...

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Mitsubishi joins Areva's Mongolia uranium projects

TOKYO, Dec 21 - Japanese trading house Mitsubishi Corp <8058.T> said on Monday it has agreed to participate in France's Areva-led uranium exploration projects in Mongolia.The Japanese firm said that in exchange for contributing to Areva's past and future expenditures in Mongolia, it will acquire the right to buy 34 percent of Areva Mongol, a...

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Areva, Mitsubishi strike Mongolia uranium deal

PARIS: French state-owned nuclear power group Areva and Japanese group Mitsubishi Corp have agreed terms for a Mongolia uranium partnership, Areva said on Monday.Areva said it had invited Mitsubishi Corp to participate in the development of its uranium exploration assets in Mongolia, with the possibility of acquiring 34 percent of Areva Mongol over...

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SouthGobi May Spend $800 Million on Mongolian Output

By John DuceDec. 21 (Bloomberg) -- SouthGobi Energy Resources Ltd., a Canada-based coal producer operating in the southern deserts of Mongolia, plans to spend as much as $800 million in the next three years to increase output and supply customers in China. The Toronto-listed company aims to boost its coal production in the Gobi desert by more than...

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Mitsubishi Corp. to Join Areva Mongolia Project, Nikkei Says

By Steven McPhersonDec. 21 (Bloomberg) -- Mitsubishi Corp., a Japanese trading company, will invest in a project of Areva SA to explore for uranium in Mongolia, the Nikkei newspaper reported on its English service. Mitsubishi will pay 34 percent of exploration costs to date, 34 percent of future costs, and acquire 34 percent of an Areva unit in Mongolia,...

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EBRD supports first private oil exploration project in Mongolia

The EBRD is supporting the development of the oil exploration industry in Mongolia with a $6 million equity investment in Petro Matad Limited, the first Mongolian oil exploration and production company. "Majority owned by Petrovis LLC, the largest oil products distributor in Mongolia, Petro Matad Limited holds production sharing contracts with the...

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President Elbegdorj gave speech at the Climate Change Conference in Copenhagen, Denmark

On 17, Dec, President Elbegdorj gave speech at the Climate Change Conference in Copenhagen.Below is transcription of the speech.Statement by his Excellency Mr. Tsakhia Elbegdorj, President of Mongolia, at the High-Level Plenary Session of the United Nations Climate Change ConferenceMr. President, Excellencies, Distinguished delegates, I thank the Government...

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Mongolia Energy Shares Fall on Earnings Speculation

By John DuceDec. 17 (Bloomberg) -- Mongolia Energy Corp., the Hong Kong-listed mineral and energy explorer, fell the most in more than a year on speculation the company will report an earnings loss next week. The shares declined as much as 21 percent in Hong Kong trading, the most since Oct. 27, 2008, to HK$3.76. The stock was at HK$4.06 at 2:32 p.m....

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Rights group accuses Mongolia over 2008 rioting

By Ganbat Namjilsangarav, AP writerULAN BATOR, Mongolia – An international human rights group accused the Mongolian government Friday of ignoring reported abuses after deadly post-election rioting in the summer of 2008.Five people were killed and more than 200 were hurt in the riots over alleged election fraud. It was the worst violence since the impoverished...

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Impunity and injustice are legacy of deadly July riots in Mongolia

The Government of Mongolia has failed to effectively respond to human rights abuses that took place during the July 2008 riot in Sukhbaatar Square, Ulaanbaatar, and its aftermath, leaving a legacy of impunity and injustice, Amnesty International said in a report released on Friday. Amnesty International’s report describes how hundreds of people were...

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MONGOLIA SET TO RECEIVE SWINE FLU VACCINE 'IN WEEKS'

17/12/2009Mongolia is set to receive shipments of the swine flu vaccine in the next few weeks, it has been reported.The World Health Organization (WHO) flu chief Keiji Fukuda made the announcement today, the Associated Press reports.Azerbaijan and Afghanistan are also due to receive the vaccine in the near future.The news provider notes that the WHO...

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ADB, Japan To Support Mongolia Resolve Banking Problems

Published: 18-Dec-2009With $2mn technical assistance grant to strengthen institutional capacity for banking supervisionAsian Development Bank (ADB) has said that it will assist Mongolia to implement reforms in the banking sector to promote growth and economic recovery in the wake of the global economic crisis. The Japan Special Fund, funded by the...

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Japan, Mongolia agree to study possibility of bilateral FTA

TOKYO, Dec 18 (Kyodo) - Japan and Mongolia on Thursday agreed to hold working-level talks to study whether the two countries should conclude a bilateral free trade agreement, the Japanese Foreign Ministry said.The agreement was reached between Japanese Foreign Minister Katsuya Okada and his Mongolian counterpart Gombojavyn Zandanshatar in Tokyo, who...

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Gulfside Minerals Ltd. - Onjuul drilling update

TSX.V - GMGVANCOUVER, Dec. 17 /PRNewswire-FirstCall/ - Robert L. Card, President of Gulfside Minerals Ltd. ("Gulfside" or the "Company"), is pleased to report four additional holes of Gulfside's drilling program on the Onjuul coal project in Mongolia have been completed.The results of the first four holes were reported in news releases on November...

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Level 3 to Deliver U.S. Internet Traffic for GemNet

U.S. High-Speed IP Connectivity to Improve Global Network Reach BROOMFIELD, Colo.--(BUSINESS WIRE)--Level 3 Communications, Inc. (NASDAQ: LVLT) today announced an agreement with GemNet LLC, a Mongolian telecommunications and Internet wholesale provider. Level 3 will deliver high-speed Internet Protocol (IP) services in the United States to support...

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Letter to Mongolian dictator sold for $ 12,500 US

Stalin's letter to Marshal Choibalsan Khorloo, Mongolian Communist dictator from 1930-1952 was sold at $ 12.500 US last week during Sotheby Auction in New York. Bidding price did not reach expected $ 12,000-25,000 US.The letter was signed personally by the Soviet Dictator and VYACHELAV MIKHAYLOVICH MOLOTOV, foreign minister. The letter requested thousands...

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