Mongolia green lights Aspire’s coal reserve estimates

Metallurgical coal developer Aspire Mining has received the thumbs up from the Mongolian Mineral Reserve Council, which approved the total ore reserves estimate for its Ovoot Early Development Project, or “OEDP”. Igor Vasilievich Milostnykh, First Deputy Director...

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China provides agriculture equipment to Mongolia

ULAN BATOR, May 23 (Xinhua) -- Mongolia received agriculture machinery from China on Thursday with a soft loan from the Chinese government, with senior officials from both sides attending a handover ceremony here. Chinese Ambassador to Mongolia Xing Haiming said that the agriculture machinery, provided within the framework of a project on promoting...

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One in every 8 Mongolian families is single-parent: official

ULAN BATOR, May 22 (Xinhua) -- One out of every eight families in Mongolia is single-parent, presidential advisor for civil society and human rights affairs Gantumur Uyanga said Wednesday. "Single-parent families are on the rise in Mongolia as divorce is on the rise year after year. Unemployment or financial problem has become one of the main reasons...

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Iran's non-oil trade with Mongolia down 23.16 pct in value

TEHRAN, May 21 (Xinhua) -- Iran traded 2,544 tons of non-oil commodities worth 11.43 million U.S. dollars with Mongolia in the last Iranian calendar year ending on March 20, 2019, Eghtesad Online news website reported on Tuesday. The figures registered a decline of 18.14 percent and 23.16 percent in weight and value respectively compared with the...

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Decline in Iran's Trade With Mongolia

Iran traded 2,523 tons of non-oil commodities worth $11.44 million with Mongolia in the last fiscal year (ended March 20, 2019), registering a 18.14% and 23.16% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show. Iran’s exports to Mongolia...

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US Pacific Air forces Commander visit to Mongolia affirms growing partnership

ULAANBAATAR, Mongolia (AFNS) -- Gen. CQ Brown Jr., Pacific Air Forces commander, met with senior leaders from Mongolia and the United States, May 14, to seek opportunities to enhance cooperation and partnership with the Mongolian Air Force Command. Gen....

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Interview: Mongolia keen to increase exports of agriculture products to China: minister

ULAN BATOR, May 15 (Xinhua) -- Mongolia is keen on increasing exports of agriculture products, especially meat and meat products, to China, Mongolian Minister of Food, Agriculture and Light Industry Chultem Ulaan has said. "The Mongolian government has set a goal to develop a multi-pillar economy in a bid to diversify its heavily mining-dependent...

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EIL signs pact for 1.5 mt refinery in Mongolia

State-owned Engineers India Ltd (EIL) Wednesday said it has signed an agreement to provide project management consultancy for a new 1.5 million tonne refinery being set up in Mongolia. The pact was signed with Mongol Refinery State Owned LLC, the company said in a statement here. The contract was signed in the presence...

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The Country That Exiled McKinsey

A dubious project raises serious questions about the world’s most prestigious consulting firm and its work for corruption-plagued regimes. by Ian MacDougall, ProPublica, and Anand Tumurtogoo for ProPublica May 14, 11:49 a.m. EDT ProPublica is a nonprofit newsroom based in New York. Sign up for ProPublica’s Big...

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India, Mongolia to ink pact for petrochemical unit

Petrochemical refinery--near Sainshand in southern Dornogovi province--is to be built at an approximate cost of $1.25 billion Refinery is expected to cut some of Mongolia’s dependence on Russian fuel NEW DELHI: India and Mongolia are expected to sign an agreement this week for the construction of Mongolia’s first petrochemical refinery...

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Belarus Development Bank to finance supplies of Belarusian equipment to Mongolia

MINSK, 11 May (BelTA) - Belarus and Mongolia signed an intergovernmental general agreement on an export loan. Supplies of Belarusian machinery to Mongolia will be financed by the Development Bank of the Republic of Belarus, BelTA learned from the bank. The general agreement provides for the total credit limit of €50 million. Plans are in place to sign...

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Mongolia earns over 700 mln USD from exports of copper concentrates

ULAN BATOR, May 10 (Xinhua) — Mongolia earned 701.4 million U.S. dollars from the exports of copper concentrates in the first four months of this year, up 4 percent year-on-year, local media reported Friday, citing the Mongolian Customs General Administration (MCGA). The Asian country exported a total of 489,100 tons of copper concentrates in...

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