Former Mongolian Prime Minister Norov Altankhuyag was seriously injured in a car accident Sunday, according to media reports.
Altankhuyag's vehicle overturned when he was riding in it near his private resort camp in the northeast of Ulan Bator, the capital city.
Altankhuyag broke his clavicle and suffered spinal injury. Doctors advised him to seek...
Mongolian parliament approves appointment of PM despite opposition boycott
ULAN BATOR, Nov. 21 (Xinhua) -- The Mongolian parliament approved at a session on Friday the appointment of a new prime minister nominated by the ruling Democratic Party, despite boycott by the opposition Mongolian People's Party (MPP).
Forty-two of the 44 parliament members who attended the parliament session gave a "yes" vote to the appointment...
Mongolia votes in new prime minister as economy stalls
ULAN BATOR, Nov 21 — Mongolia’s parliament today chose a new prime minister to head its fractured government, an official website said, as the sprawling, resource-rich nation struggles with stalling economic growth.
The Democratic Party’s Chimed Saikhanbileg was overwhelmingly voted in after the opposition Mongolian People’s Party (MPP) boycotted...
Mongolia gets new prime minister as economy slumps
(Reuters) - Mongolia's parliament has appointed Chimed Saikhanbileg as prime minister, it said on Friday, more than two weeks after it ousted his predecessor for failing to get to grips with a slumping economy and foreign investment.
Saikhanbileg replaces Norov Altankhuyag, who was removed from his post following a no-confidence vote on Nov. 5 amid...
Mongolian opposition party rejects new PM nomination
The Mongolian People's Party (MPP), the largest opposition party in the inland country, voted on Wednesday against the nomination of Chimed Saikhanbileg as the new prime minister proposed by the ruling party.
The ruling body of the MPP made the decision after it held a two-day discussion on the issue, joined by its parliamentary members.
"We can't...
Russia, Mongolia switch to simplified visa regime
ULAN-BATOR, November 14. /TASS/. The Russian-Mongolian agreement on easing visa requirements entered into force from Friday.
Vladimir Goryachev, the counselor of the Russian embassy in Mongolia, told TASS that Russians will now be able to stay in Mongolia, and...
Turquoise Hill surges after Mongolia taps new leader
Shares in Turquoise Hill Resources (TSE:TRQ) gained sharply for a second day in a row after reports that Mongolian politicians were moving quickly to end a political crisis following the ouster of Prime Minister Altankhuyag Norov last week.
Vancouver-based Turquoise Hill gained 5.6% in massive volumes on Wednesday moving back into positive territory...
Former Mongolian PM likely to return to office
ULAN BATOR, Nov. 12 (Xinhua) -- The parliamentary group of Mongolia's ruling Democratic Party on Wednesday nominated former Prime Minister Rinchinnyamiin Amarjargal as the country's new head of government.
"Mongolia is facing crossroad to make decision to address current economic crisis for the best interest of the nation. We believe that Mr. Amarjargal...
Northern Mongolian Rail Corridor agreement signed
MONGOLIA: The Northern Railways rail infrastructure subsidiary of Aspire Mining has signed an engineering, procurement and construction framework agreement with China Railway 20 Bureau Group covering Phase 1 of the Northern Mongolian Rail Corridor....
Deutsche Bank Is Upbeat About Rio Tinto Breaking The Logjam On Its Huge Mongolian Mine
Deutsche Bank is confident the dispute between Rio Tinto and the Mongolian government over the company’s $US4.9 billion Oyu Tolgoi copper and gold project could be resolved as early as next quarter.
The massive expansion plan for the mine has been delayed for several years by a number of disputes between Rio Tinto and the Mongolian government which...
Rio Tinto wary but hopeful for a new Mongolian leader
Rio boss Sam Walsh said there are lots of signs indicating Mongolia wants their mining partnership to proceed despite years of delays.
Rio Tinto chief executive Sam Walsh has speculated that a change of Prime Minister in Mongolia could help progress the company's...
Rio Hopeful Mongolia PM Change Will Unblock Oyu Tolgoi
Rio Tinto Group (RIO) sees a change of leadership in Mongolia as potentially positive for the stalled $5.4 billion expansion of the Oyu Tolgoi project, while leaving open the prospect for another writedown at the mine.
The ouster of former Prime Minister Altankhuyag Norov last week comes as London-based Rio and Mongolia’s government continue...
Rio upbeat about Mongolian leadership change
Mining giant Rio Tinto is optimistic a change of leadership in Mongolia could result in some progress on its stalled $5.4 billion expansion of the Oyu Tolgoi project,Bloomberg reports.
"I’m hoping it will be a positive sign,” Rio Tinto chief executive Sam Walsh said in an interview with Bloomberg Television at the APEC forum.
"Certainly...
Mongolia PM ousting may delay mine talks -Turquoise Hill
(Recasts with conference call; background)
Nov 10 (Reuters) - Last week's ousting of Mongolia's prime minister is likely to delay talks on resolving a long-running dispute over the huge Oyu Tolgoi copper and gold mine in the mineral-rich country, joint-mine owner Turquoise Hill Resources (Toronto:IVN.TO - news) Ltd said on Monday.
Mongolia's...
Rio’s Mongolian plans remain on the outer after PM’s ouster
NEGOTIATIONS to press ahead with Rio Tinto’s planned $US5 billion ($5.8bn) expansion of the Oyu Tolgoi copper and goldmine in Mongolia look set to remain in limbo, with the Mongolian parliament kicking out the Prime Minister and widespread management and board changes at the project.
Two days after Mongolian legislators voted their Prime Minister...
Mongolia government collapses as budget deadline looms
Mongolia's parliament is fast approaching the deadline to pass the budget for next year, but one would hardly know it with the political drama unfolding as Mongolia's parliament voted on November 5 to remove Prime Minister Norovyn Altankhuyag amid concerns about the economic downturn.
Lawmakers had been preparing to vote on appointments...
Rio Tinto jobs go in Mongolian mining shake-up for Turquoise Hill Resources Read
Rio Tinto's relationship with the Mongolian government faces an even bigger test than first thought, with the two of the company's most senior executives in the developing country following the Mongolian Prime Minister's lead by standing down.
Less than 48 hours after Mongolian Prime Minister Norovan Altankhuyag was squeezed out of the top job by...
Mongolia prime minister ousted as economy reels
Mongolia’s parliament, the Grand Hural, voted on Wednesday to oust Prime Minister Norov Altankhuyag, as plunging commodities prices wreaked havoc on the landlocked nation’s economy.
Mr Altankhuyag and the ruling Democratic party have been under siege from the opposition Mongolian People’s Party since a decision in August to consolidate the number...
Mongolian PM fired by parliament, leading to gov't collapse
ULAN BATOR, Nov. 05 (Xinhua) -- Mongolian lawmakers voted on Wednesday to dismiss Prime Minister Altankhuyag Norov for incompetence, cronyism and corruption.
Out of 66 lawmakers who was present during the full parliament session, 36,including lawmakers of his own party, voted for dismissal of the parliament.
Altankhuyag came under criticism for...
