The Mongolian WiMAX network, Ulusnet has been expanded by Airspan Networks.
The Ulusnet network consists of a combination of Airspan micro and macro-cell equipment operating in the 2.5 GHz frequency. The majority of the network is located in the city of Ulaanbaatar, the capital and largest city in Mongolia and home to about 38% of the nation’s population.
According...
Wild Horses Drag You Away
By KIT GILLET
Deep within the mountainous Hustai National Park in central Mongolia, our guide Tserennadmid raises a leathery hand and, extending a bony index finger, points into the distance across the rolling valleys. I can see nothing but green hills and rocky outcrops.
But 69-year-old Tserennadmid—like most Mongolians, he goes by just one name—has...
Turner's top channels in Mongolia on Univision's IPTV platform
HONG KONG – Turner Broadcasting System Asia Pacific has launched a suite of its top channels in Mongolia,
after a groundbreaking agreement with the country’s first IPTV operator, Univision.
The multi-year deal will see a mixed genre package of Turner’s premium channels, CNN International, Cartoon Network, Boomerang and truTV, offered as part of Univision’s...
Mongolia Growth Group Ltd. Publishes April 2011 Monthly Letter to Shareholders
Calgary, Alberta CANADA, April 26, 2011 /FSC/ - Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its April 2011 letter to shareholders.
April 2011 Shareholder Letter
To the Shareholders of Mongolia Growth Group Ltd.,
I am writing to you from Ulaanbaatar, Mongolia, where our young company is making rapid progress. Naturally,...
Mongolia Growth Group Ltd. Announces the Appointment of Byambaa Losolsuren to the Board of Directors
Calgary, Alberta CANADA, April 25, 2011 /FSC/ - Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the appointment of Byambaa Losolsuren to the board of directors of MGG. Byambaa has extensive experience in Mongolian finance having worked for the Asian Development Bank as an investment officer and as a consultant to the Financial Regulatory...
Opinion:Mongolia's next step - fame to fortune
April 20, 2011
As the world waits to hear in May which firms have won the rights to develop Tavan Tolgoi, one of the world's biggest untapped coal deposits, Mongolia's citizens and international investors are pressuring the government to change its outdated legislation and prepare the country for the boom ahead.
The high level of interest in Mongolia's...
A new horde of invaders in the land of Genghis Khan
Mining promises fabulous wealth for Mongolia. Clifford Coonan reports from Ulan Bator
Edward Rochette, a hard-bitten American lawyer and a veteran of mineral exploration in 56 countries, pulls up a stool in the Square Grill Pub in central Ulan Bator and contemplates Mongolia's 21st century gold rush. The plush bar, with its fancy chairs and finger...
Ethnic culture highlighted as Mongolians honor national hero
People pay tribute to Genghis Khan with hada during the Spring Sacrifice ritual for Genghis Khan at the Mausoleum of Genghis Khan in Ejin Horo Banner, north China's Inner Mongolia Autonomous Region, April 23, 2011. (Xinhua/Zhang Ling)
HOHHOT, April...
Mongolia to host peace festival
ULAN BATOR, Mongolia, April 22 (UPI) -- Mongolia is to be the site of a peace festival and conference, an event in August that will feature officials from around the world.
Officials from the United States, Japan, South Korea, China, Russia and Mongolia are expected to meet in Ulan Bator in August to discuss Mongolia's role in peace efforts in the...
Prophecy Resource submits formal application for 600MW Mongolian power plant
Prophecy Resource Corp. (CVE:PCY) (OTCQX:PRPCF) said Thursday that after eight months of due diligence and studies, the company has submitted a formal request with the Mongolian ministry to build its planned Chandgana power plant.
Last August, the company, which is focused on energy, nickel and platinum group metals projects, appointed local Mongolian...
S. Korean, Mongolian defense chiefs discuss closer military cooperation
SEOUL, April 21 (Yonhap) -- The defense ministers of South Korea and Mongolia held talks in Seoul and discussed how to forge closer military cooperation between the two nations, officials said Thursday.
South Korean Defense Minister Kim Kwan-jin and his Mongolian...
Mongolia Rail Boom Seen Breaking China’s Rare Earths Grip: Freight Markets
Mongolia’s aim of quadrupling its rail network will send coal, copper and rare earths to nations such as Japan and South Korea under a plan to reduce dependence on the Chinese market and boost economic development.
The landlocked nation’s drive to lay 5,700 kilometers (3,542 miles) of track across the country and to Russia’s Far Eastern ports stands...
UNHCR encourages Mongolian Parliamentary support for 1951 Convention
(NewDesignWorld Press Center) - Laughter rocked a conference centre here as government and UNHCR negotiators faced off last weekend to hammer out an agreement to protect 20,000 refugees who had just fled an uprising and flooded into the country.
The scenario, which could have been ripped from the headlines, was only a role-playing exercise at a workshop...
Mongolia halts coal exports to China - mining group
* China closed part of border citing technical problems - group
* Mongolia suspended deliveries following accidents - Xinhua (Adds details, comment from South Gobi Resources)
BEIJING, April 20 (Reuters) - Mongolia has halted truck deliveries of coal from the South Gobi region to China, with the ban expected to last about two days, after China closed...
Mongolian herders sweep into capital in protest
ULAN BATOR, Mongolia -- Several hundred Mongolian herders joined by environmental activists are setting up camp in the capital to protest international mining deals and demand elections.
The herders on horseback and horse-drawn carts swept into the central square in Ulan Bator on Tuesday and erected their traditional round tents for what activists...
Mongolia's Uranium Boom
In March, a few international media outlets quietly reported that Mongolia and the U.S. had been holding informal discussions on a proposal that would have Mongolia serve as a regional depository of spent nuclear fuel. The arrangement would allow South Korea and Taiwan, which the U.S. supplies with nuclear rods, to dispose of their spent fuel, resolving...
Ministry of Rural Development signs agreement with Mongolia
Hungary's Ministry of Rural Development and Mongolia's Ministry for Food, Agriculture and Light Industry have signed an agreement to cooperate in the areas of agricultural technology, trade, training and science, Hungary's government portal kormany.hu said.
The site reported that the document was signed by state secretaries Endre Kardeván of Hungary...
Mongolian Province to Attract Foreign Investment
A two-day investment forum aimed at boosting development in Mongolia's Dornogobi province will be a new start to attract investors to the landlocked Asian nation, a senior official has said.
"Many companies are interested in investing in our province as we are going to have a large infrastructure project in the province," Dornogobi governor P. Gankhuyag...
Mongolia to pick more than 1 winner for Tavan Tolgoi coal mine
By Fayen Wong
(Reuters) - Mongolia plans to pick more than one winner in bidding to develop the Tavan Tolgoi coal mine, with results expected in May, a government official said on Wednesday.
ArcelorMittal , Vale and Xstrata are among six bidders short-listed to develop the mine, the world's largest untapped coking coal deposit. [ID:nL3E7E70CI]
U.S....
Turkey, Mongolia sign cooperation deal on energy resources
Turkey and Mongolia signed a cooperation agreement on oil, natural gas & mineral resources on Wednesday.
Turkish Energy & Natural Resources Minister Taner Yildiz and Mongolian Minerals & Energy Minister Dashdorj Zorigt signed the agreement on behalf of their countries during a ceremony held on the sidelines of the 14th Eurasia Economy...
Xanadu finalises Noble JV in Mongolia
Mongolian-focused Xanadu Mines Ltd has finalised the terms of an alliance with Noble Group that will give the Hong Kong-based commodities trading house a 9.9 per cent stake in the minerals explorer.
Xanadu shares had jumped six cents, or 10.71 per cent, to 62 cents by 1403 AEST.
Xanadu and Noble's 50:50 joint venture company will explore and develop...
Foreign firms aim to win big on Mongolia coal mine
ULAN BATOR — Mongolia is pushing forward with plans to develop a massive coal deposit in the Gobi desert, narrowing the field of foreign miners hoping to get a piece of the potentially lucrative action.
Ulan Bator has shortlisted several major foreign firms to develop part of the Tavan Tolgoi mine, one of the world's largest coal fields with 6.4 billion...
Mongolia May Unveil Winning Bids for Tavan Tolgoi Next Month
Mongolia may announce the winning bids to develop Tavan Tolgoi, one of the world’s biggest untapped coal deposits, next month, said an official at the Ministry of Mineral Resources and Energy.
“Negotiations are still ongoing,” Erdenepurev Amarkhuu, director-general of fuel policy at the ministry, told reporters in Beijing today. Mongolia will choose...
Mongolia will announce results of bidding to develop the prized Tavan Tolgoi coal mine "very soon", a government official said on Wednesday.
"The results of the bidding will be announced very soon", Erdenepurev Amarkhuu, director general of the fuel department of the Mongolian Ministry of Mineral Resources told an industry conference in Beijing.
ArcelorMittal , Vale and Xstrata are among six bidders short-listed to develop Mongolia's Tavan Tolgoi mine, the world's largest untapped coking...
Redwood Capital Announces the Acquisition, ASX Listing and $10 Million Public Offering for Mongolian Resource Corporation
DANVILLE, Calif., Apr 12, 2011 (GlobeNewswire via COMTEX News Network) --
S3 Investment Company, Inc. (Pink Sheets:SIVC)/Redwood Capital today announced the completion of the acquisition transaction, ASX listing and a $10 million Public Offering capital raise for Redwood Capital client Mongolian Resource Corporation (MRC). As a result of the acquisition,...
Rio Tinto to be challenged on environment and human rights abuses: Mongolian representative to participate in the claim
An alliance of solidarity, human rights, development and environmental groups is calling London-based Rio Tinto Plc, the world’s third largest publicly traded mining company, to account for what it says are numerous human rights and environmental abuses.
The London Mining Network (LMN) intends to raise concerns at Rio Tinto’s 2011 AGM on Thursday...
Study Group To Call For Launch Of Japan-Mongolia Trade Talks
TOKYO (Nikkei)--Japan and Mongolia should promptly start bilateral economic partnership talks, according to forthcoming recommendations by a study group comprising government officials and private-sector experts.
The report will stress the importance of the partnership, which would help Japan raise automobile exports and secure steady supplies of...
Mongolia eyes first nuclear power plant by 2020-MonAtom
* Mongolia sees foreign investment in nuclear energy sector to "be huge"
* MonAtom sees Japan nuclear crisis impact on industry short-term
By Rujun Shen
SINGAPORE, April 7 (Reuters) - Mongolia plans to have its first nuclear power plant by 2020 and build nuclear fuel production capacity by tapping the country's rich uranium resources, undeterred...
LSE seals deal to develop Mongolian Stock Exchange
London Stock Exchange Group ("LSEG") and the Mongolian State Property Committee ("SPC") today announce that they have signed a Master Services Agreement ("MSA"), confirming their intention to modernise the Mongolian Stock Exchange ("MSE"), and agreeing details of how the partnership will be implemented.
LSEG Chief Executive Xavier Rolet met with...
Mongolia Nuclear Push to Take Cue From World Sentiment
Mongolia will take its cue from the global reaction to Japan’s nuclear disaster before continuing with plans to build atomic power plants, according to the deputy chairman of state-owned nuclear company Monatom.
“It will depend on how the world community reacts” to the accident at the Fukushima Dai-Ichi nuclear station that occurred last month, Tsogtsaikhan...
Australian Gene research project boosts links to Mongolia
A new joint project between Western Australia and Mongolia aims to strengthen ties between the two countries through collaborative genetic research.
The Western Australian Family Study of Schizophrenia (WAFSS) is one of the largest genetic databases in the southern hemisphere. Using DNA donated by volunteers, it is building up a picture of the genes...
Mongolia's Oyu Tolgoi copper-gold mine to begin production in Aug 2012
Reuters) - Mongolia's massive Oyu Tolgoi copper-gold project is expected to begin production in August 2012, sooner than forecast, said Temuulen Ganzorig, Deputy Director of Erdenes MGL which partners with Ivanhoe Mines and Rio Tinto in developing the site.
Ganzorig said expedited construction helped to move the production date ahead. Ivanhoe Mines...
