ULAN BATOR, April 23 (Xinhua) -- Mongolia will send meat and meat products worth 1 million U.S. dollars to Russia to help combat the COVID-19 pandemic, Mongolian parliament speaker Gombojav Zandanshatar said Thursday.
Zandanshatar made the remarks when meeting with Russian Ambassador to Mongolia Iskander Azizov, according to the parliament's press...
Kincora drilling underway at brownfield Trundle project, NSW
Deeper core drilling commenced testing three large and mineralized porphyry targets at the Trundle project
Trundle is the only brownfield project held by a listed junior in Australia’s foremost porphyry belt, and within the same mineralized complex as Australia’s...
World Bank Group plans $12m loan to Mongolia microfinance company
Transcapital earmarks funds for small companies and rural areas
The World Bank's private sector arm, International Finance Corporation, may extend a syndicated senior loan facility equal to $12 million in local currency to Mongolian microfinance company Transcapital.
The deal would be IFC's first investment using the Mongolian tugrik and its...
Mongolia confirms 13 more Covid-19 cases
ULAN BATOR: Mongolia on Tuesday (April 14) confirmed 13 new cases of Covid-19 (coronavirus), bringing the total in the country to 30."The NCCD tested 502 suspected cases of Covid-19 on Monday and 13 of them were positive," Dulmaa Nyamkhuu, head of the National Centre for Communicable Disease (NCCD), said at a press conference.
The 13 patients are...
55 Mongolians Finally Return Home after Mongolia Provides Flight
A group of 55 Mongolians who had been staying in South Korea after their home country refused their repatriation have finally returned. According to legal circles on Thursday, the group went back aboard an extra flight on Wednesday. Some of the group conducted a hunger strike directed at the Mongolian Embassy in South Korea, while being kept in...
The World Bank Approves $26.9 Million for Mongolia’s COVID-19 Emergency Response
ULAANBAATAR, April 2, 2020—The World Bank’s Board of Executive Directors today approved $26.9 million for the Mongolia COVID-19 Emergency Response and Health System Preparedness Project to meet emergency needs in the face of the pandemic and to better prepare for future health crises.
The project will address the immediate needs in response...
Rio faces investor rebellion over Oyu Tolgoi
Rio Tinto (ASX, LON, NYSE: RIO) is facing a new setback at its giant copper project in Mongolia with a large investor demanding a shakeup at the Oyu Tolgoi operation over what it claims is “a massive devaluation” of the asset.
US hedge fund Pentwater Capital wants the designation of a new independent director to represent the interests...
PENTWATER FILES PROXY CIRCULAR FOR SHAREHOLDERS OF TURQUOISE HILL RESOURCES LTD. (TSX:TRQ) (NYSE:TRQ) Issues Letter and Proxy Critical of the Treatment of Minority Investors in Turquoise Hill by Company’s Current Board and Management and its Controlling Shareholder Rio Tinto plc.
PENTWATER FILES PROXY CIRCULAR FOR SHAREHOLDERS OF TURQUOISE HILL RESOURCES LTD. (TSX:TRQ) (NYSE:TRQ)
Issues Letter and Proxy Critical of the Treatment of Minority Investors in Turquoise Hill by Company’s Current Board and Management and its Controlling Shareholder Rio Tinto plc.
Turquoise Hill shareholders have suffered massive value destruction...
Mongolian president proposes again to postpone parliamentary elections
ULAN BATOR, April 6 (Xinhua) -- Mongolian President Khaltmaa Battulga on Monday once again proposed to postpone the country's parliamentary elections, citing economic risks caused by the COVID-19 pandemic.
Battulga made the proposal while delivering a speech at the opening ceremony of a regular spring session of the country's parliament.
"We need...
