On Monday, Mongolia signaled it will not pay Canadian uranium explorer Khan Resources $104 million ordered by an international tribunal in a licensing dispute. In 2009, Mongolia canceled the company’s licenses to mine the Dornod uranium project and instead granted the rights to Russia’s ARMZ, causing the current spat. The Mongolian government’s decision...
Alaska, Mongolia state partnership flourishes over a decade
JOINT BASE ELMENDORF-RICHARDSON, Alaska — The state of Alaska partnership between the Alaska National Guard and the country of Mongolia spans over a decade and has evolved into a strategic nation-state relationship.The two were paired in 2003 under the National Guard State Partnership Program, which began pairing states and countries in 1993. The...
Mongolian girl to receive surgery in Taiwan: TFCF
TAIPEI, Taiwan -- A five-year-old Mongolian girl, Otgonzul, will undergo surgery at Taiwan National University Hospital (TNUH, 臺大醫院), and will hopefully be able to return to school in Mongolia, her healthy right arm showing from her t-shirt, just like every any other schoolgirl, said a representative for Taiwan Fund for Children and Families (TFCF,...
Mongolia seeks to annul $100m Khan Resources claim
Mongolia’s justice ministry said it would seek to invalidate a $100m arbitration claim by Canada-listed Khan Resources, following the breakdown of talks and the death of the company’s chairman.
Jim Doak had travelled to Ulaanbaatar to negotiate over payment of the award made by an international arbitration court in March against the government...
Khan Chairman Jim Doak Passes Away
TORONTO, ONTARIO--(Marketwired - April 24, 2015) - Khan Resources Inc. ("Khan" or the "Company") (CSE:KRI) regrets to announce the passing of Jim Doak, its beloved Chairman. Mr Doak passed away at his hotel in Ulaanbaatar awaiting a flight home to Canada following the completion of a second series of meetings with representatives of the Government...
Prominent Bay Street figure Jim Doak found dead in Mongolia
High-profile Bay Street personality Jim Doak was found dead in a hotel room in Mongolia on Thursday.
Mr. Doak, 59, had been in the country in his role as chairman of Khan Resources Inc., a small uranium exploration and development company. “It’s very tragic and shocking news,” said Greg Boland, a long-time friend and founder of West Face Capital.
Khan...
Khan Provides Second Update on International Arbitration Award
TORONTO, ONTARIO--(Marketwired - April 23, 2015) - Khan Resources Inc. ("Khan" or the "Company") (CSE:KRI) announces that, consistent with its preferred strategy of reaching an amicable settlement with the Government of Mongolia, a second series of meetings with representatives of the Government has now been completed. These meetings took place...
Rio Tinto seeks to build goodwill for huge Mongolian copper mine
(Reuters) - Rio Tinto committed on Wednesday to spending $5 million a year to help resolve conflicts with nomadic herders and water problems that have stoked political opposition to the expansion of a huge copper mine in Mongolia's South Gobi desert.
The 30-year agreement, signed with the province of South Gobi and local towns, is a strong sign the...
Mongolia's Choices Matter
Neil Thompson believes that Mongolia, which is resource-rich and relatively democratic, is set to become the bellwether state for 21st century Eurasian politics. That’s because the way Ulan Bator is balancing its ties with Russia and China could provide a model...
Mongolian Universities Confers Honorary Doctorate Degree to Dalai Lama
On the concluding day of the international conference on "Science, Ethics, and Education" organized by the University of Delhi, the Dalai Lama was conferred two Honorary Doctorate Degrees, one by the Institute of Physics and Technology, Mongolian Academy...
Lake Baikal: World Heritage ecosystems at risk from Mongolian dam
Russia's Lake Baikal is under threat by a massive dam and pipeline on the main river that feeds into it, that would supply mines with power and water, writes Anson Mackay. In line to fund the project? The World Bank.
Mongolia is hoping a massive dam on its largest river could provide much needed power and water for the country's booming mining industry.
However...
China's Shenhua signs first coal trade deal with Mongolia
BEIJING, April 19 (Reuters) - China's biggest coal producer, the Shenhua Group, has signed a deal to buy 1.2 million tonnes of high-grade coking coal from Mongolia, a move that could help pave the way for the state-owned firm to invest in one of Mongolia's biggest mines.
China's State-Owned Assets Supervision and Administration Commission (SASAC)...
Ancient Mongolian Altai harp reproduced and played again
An ancient harp was found by a shepherd in Mongolia's Altai mountains. A replica was manufactured by Mongolian composer Ganpurev Dagvan and the instrument will be introduced to the world by the Altay Band
1,500 year old music instrument Altai Harp which...
Ts.Bayarbaatar: Mongolia shouldn’t die of thirst to maintain another country’s lake
Trans. by B.DULGUUN
The following is an interview with Head of the Policy Implementation Department of the Ministry of Energy Ts.Bayarbaatar about various hydro power plant projects that are currently being carried through.
The funding for Eg River Hydro Power Plant project was resolved at the plenary session of the government a month ago. Can you...
