Fifth US-Mongolia Business Forum at AG CONNECT a Success

The Fifth U.S.-Mongolia Business Forum took place simultaneously with the AG CONNECT Expo yesterday with several dozen delegates from Mongolia meeting with delegates from the United States to discuss how the two countries can better work together. A goal as delivered by the various speakers, is to see more U.S. companies investing in Mongolia.
The Mongolian delegation is one of 20 that arrived in Orlando this week, and the largest, with 16 of these being organized by the Department of Commerce.

During the opening remarks, in a letter from Kh. Bekhbat, the Ambassador of Mongolia to the United States, read by Zhen Gong Cross, the Head of Mongolian Affairs with the U.S. Department of Commerce, Bekhbat noted that Mongoia is a mineral rich economy that is now seeing foreign investors. The increased funds are being used to provide jobs, educational funds and health care.
Not only would the country like to see more investments in the mineral side, it has also created a new shared stock company that would share in the country’s mining industry, but they would also like to see investments and participation in the agriculture industry. “Agriculture is an important part of the economy,” wrote Bekhbat.

The Mongolian delegates plan to meet with various companies to dicusss agricultural opportunities and investments during the AG CONNECT Expo. The group has prioritized its greatest needs and prepared a detailed list of projects in which they seek global investors.

By Joanna

Source:www.agwired.com
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CIC, Temasek to Buy SouthGobi Energy Shares in IPO (Update2)

By John Duce

Jan. 14 (Bloomberg) -- China Investment Corp., the nation’s sovereign wealth fund, and Temasek Holdings Pte will buy shares in SouthGobi Energy Resources Ltd.’s initial public offering in Hong Kong.

CIC and the Singapore government-owned investment company will each invest $50 million in the share sale, Chief Executive Officer Alexander Molyneux said on a video link from London at a press briefing in the territory today.

SouthGobi, the Vancouver, Canada-based coal producer operating in the southern deserts of Mongolia, may raise as much as HK$3 billion ($387 million) in the share sale, according to a statement released by the company at the briefing. CIC has spent more than $4 billion on energy and resources investments since September to hedge against inflation and meet the needs of the world’s fasting-growing major economy.

“I don’t think you can get better cornerstone investors in an IPO than CIC and Temasek,” said Alisher Djumanov, managing partner at Singapore-based Eurasia Capital Management, which has about $100 million in investments in Mongolia and Central Asia. “I think both have recognized the potential for developing energy and resources in Mongolia.”

CIC bought $500 million of 30-year senior convertible bonds issued by SouthGobi last year. Other energy investments made by the sovereign wealth fund include $400 million worth of shares in China Longyuan Power Group Corp. when the wind-power producer started selling its stock in Hong Kong last month.

Boosting Production

SouthGobi started production at its Ovoot Tolgoi mine in the deserts of southern Mongolia last year and aims to use the money raised in the share sale to boost output, improve infrastructure and finance exploration.

The coal producer may spend as much as $800 million in the next three years to increase output and supply customers in China, Molyneux told reporters Dec. 10.

The company is controlled by Vancouver-based Ivanhoe Mines Ltd. Robert Friedland, chairman of Ivanhoe, said in October that the underdeveloped resources of Mongolia could make the north Asian Country “the Saudi Arabia of coal.”

SouthGobi may have made a loss of $111 million in 2009, the company said in the statement. The energy supplier will be investing heavily to increase production and has no forecast for when it will start making a profit, Molyneux said today.

Railway Track

SouthGobi’s plans may include building a 40-kilometer (25- mile) railway track from the Ovoot Tolgoi mine to the border with China. Coal is now trucked to the border by rail and road links.

Ovoot Tolgoi produced 1.2 million metric tons of coal last year and SouthGobi plans to increase this to 8 million tons annually by 2012 to supply customers in China, Molyneux said Dec. 10.

Friedland said Oct. 23 that Ivanhoe, through SouthGobi, wants to supply 1 percent of China’s coal needs within 10 years and is targeting long-term production of 20 million tons annually from Mongolia. Rio Tinto Group has a 19.7 percent stake in Ivanhoe.

SouthGobi’s stock will begin trading in Hong Kong on Jan. 29. Shares will be priced at a maximum of HK$133.50 each, the company said in the statement.

To contact the reporter on this story: John Duce in Hong Kong at jduce1@bloomberg.net.


Source:Bloomberg News Service
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Full text of speech made by President Elbegdorj announcing moratorium on death penalty

This morning, President Elbegdorj Tsakhia gave a speech in the Parliament announcing moratorium on death penalty. President's move is seen as significant step in promoting human right and humane treatment of prisoners in Mongolia.This means Mongolia joins world community which proposes to end death penalty.

Right to pardon convicts rests within President's power. President Elbegdorj decided to exercice this power and suspend execution of death sentence. Even criminal law remains same, within term of President Elbegdorj, execution will not be implemented.

Tough battle to abolish death penalty lies ahead in the Parliament when it revises current Criminal law.

By Ganbat, reporter of MonInfo News Service

Following is full text of speech made by President Elbegdorj. Credit goes to The Office of the President of Mongolia, Public relations and Communications Division.

The Path of Democratic Mongolia Must be Clean and Bloodless


Speech by President Tsakhia ELBEGDORJ on Capital Punishment at the State Great Khural


My dear people,
Distinguished Members of the State Great Khural,
Dear guests,

Only yesterday did we solemnly mark the 18th anniversary of Mongolia’s Democratic Constitution. It is the fundamental goal of our Constitution to uphold human rights and liberties, rule of law and justice. The Constitution is the firm guarantee of the democratic choice of the Mongolian people and the source of the consistent exercise of this choice.

Upholding our Constitution, we achieved some notable successes in our course to strengthen human rights, freedom and justice in our society. Yet, much remains to be accomplished.

As is dearly enshrined in the Constitution of Mongolia, the most supreme human right is the right to life. Mongolia strictly prohibits deprivation of life except in cases pursuant to a final judgment rendered by a competent court.

In my capacity of the President of Mongolia, I wish to express from this respectful rostrum my position on the right of a Mongolian citizen to life, and the only cause to deprive him of life – the death penalty. I will speak using only accessible and public information, but not those prohibited by law.

Seven months have passed since I was sworn in as the President of Mongolia. I have to mention that during these seven months, no death penalty was carried out. The decision whether to accept or deny a request to commute a death sentence rests ultimately with the Head of State. At the moment, when the decision whether to spare a precious human life hung in the balance, at the time when the tip of my pen was poised to render my decision, I was faced with a need to make a crucial decision within my full powers.

There could be a multitude of reasons and varying circumstances and settings for committing a crime that carries a death penalty. Yet the guiding principle for the Head of State on whether to approve a death penalty must be single. That single principle is to pardon the offender. As the Head of State of Mongolia, I will remain faithful to this principle because it guarantees and safeguards the value of human life.

I believe, I must cite the reasons for my decision.

Reason One: Pardoning a life does not mean pardoning the penalty. In case the President of Mongolia pardons an offender who has been sentenced to death, the offender is prescribed a penalty of 30 years imprisonment. According to the available official statistics, not a single convict has ever survived this term. This means that offenders sentenced to death who have been pardoned from the death penalty have either died in prison or are still in prison; none of them escaped detention. In other words, Mongolian law does make sure that, provided the sentence is fair, the prisoner ends his life in prison for a crime he committed.

Pardoned offenders in detention die either due to illness or they commit a suicide. As of today, there are 2 convicts with death penalty who, having spent 15 years in the prison of strict regime, are now enduring punishment in a prison of a less strict regime. Others are undergoing sentence in the prison of strongest regime.

Reason Two: The punishment for serious and cruel felonies must be severe. However, capital punishment cannot fully assure that this happens. Everything is over with the execution of the sentence – it’s final, it’s irreparable. However, what if a mistake was made when imposing a sentence, what if the State deprived its innocent citizen of life because of a miscarriage of justice in court proceedings; what if a lighter punishment was to be imposed for the crime committed. These questions remain unanswered.

Moreover, I do not exclude a possibility whereby the execution of a death sentence, might circumvent some organized crimes from being investigated and tried. A death penalty is not serving as a fair punishment either for a person being executed or a person who should not be punished with it. So the issues of justice and injustice, avoiding or enduring the sentence, the intentional and unintentional nature of crimes are a source of serious concern. Let me cite some examples.

In Bayanzurkh district of the capital city five citizens of Mongolia suspected of murder, were detained for 207-1252 days. A court imposed the death penalty on four of the five suspects. However, the court of the last resort exonerated the convicts and closed the alleged murder case. One of the five citizens died while in detention due to tuberculosis. If the court of appeals had chosen to leave the verdict of the primary court as it was and didn’t spare the lives of the defendants, the Mongolian State would have killed innocent citizens.

Another example – a citizen was under investigation for 6 years 8 months and 23 days. During this period a prosecutor filed charges six times and the court sentenced him to death three times. At the court of the last resort, the case was closed upon adjudication and the citizen exonerated.

Amnesty International Mongolia reports, upon concrete facts, that one of three death penalties awarded at courts of different levels are eventually invalidated or changed. You do all very well understand that the Mongolian State should not make such mistakes on the issue of life and death for its citizens. Yet, this is the reality.

Reason Three: There are instances where the death penalty was imposed on an innocent individual instead of the actual offender. There are also cases where the death penalty was used as a means of for furthering the narrow interests of those closer to power and those who are able to influence people in power. Mongolians, too, were not immune to these bitter experiences. For decades we’ve tried, but have not yet completed rehabilitating the victims of past political purges. Mongolia ranks shamefully high in the number of repressed per capital.

According to our Criminal Code, a death penalty – shooting a person dead – is not dangerous for a criminal, but dangerous for a person who did not commit a crime. A death penalty is imposed to men between 18 to 60 years of age. We haven’t closed the door to risks of imposing death penalty to any person aged between 18 and 60, who did not commit a crime or who could have been given a lighter punishment. Mongolians have suffered enough from the death sentence option.

History reveals these facts: Between October 1937 to April 1939, in just 16 months, by 51 sessions of the Special Full-Power Committee, which was then established in place of courts, 20474 Mongolian citizens were repressed and sentenced to death. At just one session, a mass death sentence for 1228 people was issued. Facts read that there were 8 women among those repressed.

Many Mongols believe that foreigners did lend a hand in these purges. Retained death penalty may also lead to situations when it is used not only by domestic, but external forces. Majority of repressed people were those who were sentenced to death in the prime of their life.

Obviously the political and legal settings of those times are incomparable with those of today. Tremendous changes have taken place. However, the nature of death penalty remains. It is the deprivation of life on behalf of the State. That hasn’t changed. Some 67% of the Mongolian citizens, sentenced to death, are young men in their 20s to 40s. And most of them happen to have committed a crime for the first time.

Reason Four: A state-sanctioned execution is not a punishment worth praising. It is a punishment of the highest and most serious nature which degrades a human dignity.

A death penalty involves an offender on one side, and a victim on the other. It leaves families and kin with pain, hurt, and resentment. The victims of a felony often demand “an eye for an eye, a tooth for a tooth”. Even then issues are not exhausted. Some victims just wish they become the last victims of such a crime. And I express my condolences and beg a pardon from those left orphaned, left hurt.

There are mistakes we just can’t afford to make. There are mistakes which can be prevented only by closing the doors. The death penalty is one. Without fully abolishing it, we cannot completely do away with miscarriages of justice surrounding this form of penalty. Only when the death penalty is abolished, shall we be able to genuinely enhance the value of human life and human rights and create conditions to safeguard them. The responsibility of people and organizations involved in making penalty decisions are heightened as well.

One of the intrinsic features of a human being is his or her want for justice. There goes a saying, “a living dog is better than a dead lion”. Even if unjustly judged, those alive are able to have the truth reinstated.

Mongols view that a human life is more precious than all the wealth that the earth can carry. And it is precisely because of this view that we describe a human life as a “golden life”. None of the known human societies have fully secured the guarantees to prevent humans from killing one another. Yet, the State does have the possibility to stop depriving its citizens of their lives. None of the abolitionist countries have repealed death penalty under the pressure of their peoples. But the number of countries whose governments have abolished the application of this punishment grows year by year.

It may not be so soon that our blue planet Earth enjoys the guarantees against humans killing humans. But I believe that one day all countries of the world will come to stop killing their citizens on behalf of states and governments. And so Mongolia, even belatedly, even after many other countries, should abandon death penalty.

Reason Five: Mongolia is a member of the one global family. The United Nations does not support the imposition of the death penalty. It has constantly been calling its member States for abolition of the death penalty. And it does make decisions. The United Nations regularly reports to the international community on developments and international trends in the use of the death penalty, on progress achieved and retreats observed.

Generally countries are classified as either fully abolitionist, countries which have declared a moratorium on execution, and countries maintaining the punishment.

Of the 42 countries of Europe, 40 have abandoned capital punishment. And one country established a moratorium on execution of the penalty. In other words, Europe is 98% abolitionist.

Of 43 countries of Africa, 18 countries have fully abolished the death penalty. Another 11 countries have declared suspension on the use of the punishment. That makes Africa 67.5% abolitionist and opposed to the death penalty.

Fourteen out of 18 Latin American countries made their region 78% abolitionist by repealing capital punishment. In Asia, 17 out of its 46 countries abolished capital punishment, and one country suspended the use of the penalty. Asia, being the home to the most number of countries, is 40% abolitionist.

The number of countries in our continent fully abandoning capital punishment and declaring moratoriums is on an ascending trend. The “STAN” countries which often are criticized for infringements upon human rights and democracy have achieved a notable progress in repealing capital punishment. For instance, Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan – all four of them - have abolished capital punishment. In addition, Tajikistan, announced a moratorium on execution of death penalty.

Every country has its own road to go. So does Mongolia. We will make our own path. Mongolians can carefully observe whether action matches words. If we truly have chosen to uphold human rights and freedom, and have declared this choice, we must spare no effort to assure that human rights and freedoms are in fact exercised in this country. Just like accomplishments, or failures are assessed against criteria, our efforts to safeguard human rights and freedom must also have a criterion to be checked against. And this dear criterion is full and complete exercise of human rights and freedoms. Therefore, the State of Mongolia is to revisit its capital punishment policy, although belatedly as the overwhelming majority of the countries of the world have already chosen to abandon capital punishment. And we must join their path. The road democratic Mongolia has to take ought to be clean and bloodless.

Reason Six: A State that cannot guarantee to pardon the life of its innocent citizens cannot enjoy a moral right to tell its people “Trust Your State, Have Faith In the Government”. As the Head of State of a country that maintains the death penalty, I cannot pronounce these mighty words.

I want to be a President who can tell its citizens: “I will not deprive you of your life under any circumstances, knowingly, on behalf of the State”.

A moral right cannot be measured -- not in meters, or liters, or ounces. It’s just a matter of fact – a right does exist, or it does not. Period. And this right does not depend on who is the Head of State, or on who the Mongolian state decision makers happen to be. It is a matter of the ability of the State of Mongolia to state, to tell our people: “In order to prevent shooting you, dear person, one day, we are pardoning the life of the offender under a sentence of death and replacing the penalty with a 30-year sentence to prison”.

It is not the fault of the people of Mongolia that Mongolia maintains the death penalty. And it is not the fault of our judiciary to practice this punishment. Our judges have endeavored to render just judgments and have been working to repair those decisions deemed unjust. Yet, I cannot firmly say, no mistakes have been made here. Similarly, I cannot say, no mistakes will be made. The price we pay for mistakes in delivering the truth is measured in human lives. Humans work in courts, judiciaries. After all, no human being is alien to mistakes.

In any country, it is the authority of the State to change the practice of capital punishment. If this punishment does exist, the guilt should rest with the politicians, it is the guilt, the fault of us, the Mongolian decision makers. It is not easy for me, as President, as an elected official, to raise the death penalty issue. I believe, the fate of a politician shouldn’t be easy. Who else, if not us, the politicians, would raise difficult issues, would wrestle with difficulties with our bare hands?

Politicians, when tackling an issue to resolve, try to take into account social psychology. The State should initiate, should enlighten, should set examples, should lead on and should resolve the issue of capital punishment. Our Mongolian State is a state of a dear tradition and history of mercy and forgiveness. It was only the State of Mongolia which enshrined the merciful and dignified policy of forgiving its citizens his 9 blunders. But what we do with vengeance which sprouts in human mind? What to do with violence in the society? The profound wisdom of our ancestors teaches us that respect for humanity is to persevere in the heart and mind of the State.

We do have a record, a bright record in our most recent history as well. On August 5, 1953, the Presidium of the People’s Great Khural adopted Decree #93 which resolved:”…to abandon the capital punishment, enforced by effective Laws of the Mongolian People’s Republic”. However, in 10 months, due to certain reasons, it retreated from its decision. There are few countries which reintroduced capital punishment. Since 1985 over 50 countries abolished capital punishment. And the records show that only 4 of them retreated from their decisions.

Any community demands from its State a severe punishment for felons and criminals. The risk of making a bad decision under the anger of people increases. Therefore, flexibility is to be provided for the punishment policy to be reviewed as the decisions have to be stable and must endure the tests of time. It is not accidental to change the capital punishment, when decreeing a commutation, to a 30-year imprisonment. It is not wrong to review a complicated case and punish a felon with a lengthy imprisonment.

Reason Seven: Mongolia does have all the difficulties and challenges that a democratic country faces. And we do have the capacity to resolve them. My country is the inspiring role model of freedom in the entire region. But there is a blemish on the shiny name of Mongolia. This black spot is capital punishment which degrades to the supreme human right to life.

As the President of Mongolia, I sent a New Year Greetings message to the mobile phones to my people, to youth and elders, to men and women, on the first day of the New Year. I tried in my message to tell our people that they can forge the Good Name of Mongolia.

If Mongolia declares a moratorium on the execution of capital punishment, and eventually, becomes a country free of the death penalty, Mongolia’s Good Name and Fame will further be enhanced. At home, we may disagree and argue about the rightness of the execution moratorium and abolition. Yet, our Good Name and Solid Fame will be embraced by the world. As the Head of State of Mongolia I commit myself to ideas and initiatives to consolidate Mongolia’s integrity and honor. I appeal to you, the distinguished Members of the Parliament and Government, my dear citizens, the entire Mongolian people, to join me in the march.

As of today, Mongolia de jure maintains capital punishment. De facto, we refrain from practicing capital punishment and replace the death penalty with a penalty of 30-year imprisonment. Two clarifications need to be made here.

First, this policy is practiced when a convict with a death penalty appeals to the President for pardon. Since I assumed Presidency, there wasn’t a single convict with death penalty who didn’t appeal to me for pardon. In fact, it’s very rare for a death-sentenced convict not to ask for a mercy. The second note, 2009 was a year when Mongolia held no execution at all. The reason is I pardoned the convicts on the death row. And in future, those on the death row will be pardoned from death to imprisonment.

On the other hand, today, as the President of Mongolia, I declare to our Parliament, to my people, and to the international community that the change made in Mongolia’s capital punishment in 2009 will continue. From today on Mongolia is a country which suspends the execution of capital punishment, and becomes a country which announces a moratorium on execution of the death penalty. Mongolia will further aim to become a fully abolitionist country and shall conform our laws and legislation to this end.

This policy, I am convinced, is consistent with the historic choice our people made 20 years ago, and with the path and aspiration of Mongolia to safeguard human rights and democracy. From tomorrow, from being a country depriving her citizens of life on behalf of the State, Mongolia will come to be a country that doesn’t practice executions, and instead, imprisons its convicts for a long-term. And, understandably, from tomorrow on, the struggle to abolish capital punishment as I describe it now, will not be easy. However, as the Head of State of Mongolia, I have zero intention to retreat from the course I start because this is a right, pure and just goal.

Mr. Chairman of the State Great Khural, dear Members of the State Great Khural, I am about to reach the end of my speech. But I do have one more reason to state and two special notes to make. Please exert patience to listen to them.

Reason Eight: One of the justifications for maintaining capital punishment has been the view that it deters criminality. Not a single survey produced to date has proven that abolition of capital punishment leads either to an increase, or opposite, to a shrinkage in criminality. However, some argue that keeping the death sentence leads to an increase in serious felonies. These may be related to those as felons may conclude that they have nothing more to lose having already committed a death sentence crime.

We cannot repair a death with a death. A water drop hollows out a stone. Some fear death, but the prospect of a death makes others crueler. Criminals fear justice, fear just judgment. A just judgment in addition to being fitting to the felony is also about the truth established and reinstituted.

Let me cite an example from afar: some sources indicate that in the US, in states where capital punishment is maintained, the rate of criminality and the extent of cruelty is higher than in those states that have abandoned the punishment. However, the US cannot set a model for us in capital punishment. Whole 4 decades have elapsed since the UK abandoned the death penalty. Over this period, over 20 attempts were made to reintroduce the punishment in that country. The policy makers in the UK have, however, sought to unwaveringly protect the integrity of their State and remained faithful to their 40-year old choice. It decided to abolish capital punishment once and for all, not to revoke even in times of war.

There are quite a few distortions in Mongolia’s punishment policy that deviate from common international practices. An offender charged with a death penalty has 10 days to appeal to the court of higher jurisprudence, and has merely 15 days for appeal for a pardon. International organizations take the view that the minimum term of appeal should be no shorter than 3 years. In some developed countries, where it is possible to include the DNA test into evidences, there are occasions when those in detention have been exonerated and released.

The Mongolian Criminal Code lists many crimes as death penalty offences. Professional and official institutions list them differently. In other words, the Criminal Code lists specific provisions and terms, that can be interpreted in varying ways. The Mongolian Criminal Code names 7 offences for which the death penalty is imposed. However, these 7 offences are broken down to 59 crimes, according to a list made by an official source. Fifty nine crimes for which the death penalty can be applied. The possibility to issue a perfect, thoroughly fair judgment on such a wide premise of offences is extremely slim. Therefore, abolition of the death penalty is becoming a common practice.

Mongolia is also not immune to practices that are common for countries maintaining capital punishment. However, there are extremely grave, shameful practices that exist only in Mongolia, and already known to the rest of the world. I have just stated eight reasons for abolishing the death penalty. The fact that I am about to share is not just a reason, but it is a misery of Mongolia, it is about the humiliating nature of the practice in Mongolia. These are special situations that need to be immediately rectified.

SPECIAL SITUATION ONE: If someone is sentenced to death, it becomes practically impossible to monitor the person’s fate from outside. An international human rights organization writes time and again in its annual reports that of all countries with capital punishment there are four that are of greatest concern. One of those four is Mongolia. International organizations note that some of the four countries record improvement in the control of the capital punishment, some review the application of the punishment, and even introduce humane methods of execution.

As far as Mongolia is concerned, we lack information on executions; if there are records, they are in the form of arbitrary observations. Mongolia is the worst record keeper on the matter. This is our reality. To make this speech today before Parliament, I received information from relevant organizations and officials. There were discrepancies in those data on capital punishment. This is one of the issues that worries me gravely.

As is prescribed by law, execution procedures, the act itself, and execution documents are kept in strict confidentiality. As we all know, the State is obliged to maintain justice in society. Justice cannot be practiced in an environment of hidden information, without transparency. Justice is about humans, it’s about human rights. There is no justice without a human who this very justice is to serve.

After all, even a felon with a death penalty is entitled to certain rights, and simple human respect. If a citizen of Mongolia receives a death sentence, and if the President doesn’t grant him a pardon, there is virtually no room for national and international organizations to exercise any control over the life of the offender and seek information. These bars are equally tightly placed in front of the offender’s advocate and family. State secrecy on execution of death penalty is a blind and dark hole, just like hell.

We Mongols have embodied in our Constitution, which anniversary we marked yesterday, our will to build a humane, democratic society, which can close this black hole, at least, shed some light on it. Why ought we to care? It’s because if the hole, this bottomless pit, persists, it can soak up everything we value and cherish in our society. To seal the black hole, I decided, it would be right, first, to keep the death-sentenced alive and punish him severely with a more appropriate penalty.

I, the President of the country, as well, lack the information on citizens executed. The most I can do is just inquire. At best, I listen to a report. Your President as well, is not aware, does not see what is unheard and unseen by someone else. If, as is practiced elsewhere, a representative of the victim, at least his advocate attends the process as an observer, a source of external monitoring, a person, this very advocate will know of what has just happened.

There are many rumors about the application of capital punishment. I don’t doubt, the punishment is executed. But because it is secret, there are things that I do not know. A secret is a secret. What is kept in utmost secrecy becomes the source of utmost gossip. And as such, arouses, I would say, legitimate suspicions. This leads me to the second special situation, which I elaborate further.

SPECIAL SITUATION TWO: After the sentence is executed, issues arise about the body of the executed person. This is a serious issue. The body is not given to the family of the executed. While the State imposes its utmost and gravest punishment to the offender, it must not punish the dead body of the offender and his family.

Mongolia lacks monitoring over such bodies, not speaking about a monitoring over a death-sentenced offender. It’s not a secret that the last will of those who attempted a suicide or did commit one while on death-row is mainly a plea to give his dead body to his family and the will to be buried by his family. A newspaper recently carried an article about this issue. There were incidences when a buried body of an executed offender would surface in the floods and cause consternation.

Mongols do respect the afterlife of a person. I was shocked to learn during briefings and reports on capital punishment and corpses of executed that some of the provisions of the strictly confidential decrees of the President are not implemented, or cannot be implemented at all. Clearly, we cannot let this continue.

An official was assigned and got acquainted with the state of affairs around the death penalty and its execution. The findings and observations were reported to me. I also met with certain official people who reported attending executions. We exchanged views. While listening to the reports and findings, my conviction to repeal execution grew stronger. And the relevant officials I met also agreed that Mongolia has to end the current practice of execution.

Criminals do conceal their horrendous acts. But the State doesn’t need to fully keep in secret the fate of a criminal. There are no secrets forever. One day Mongolian society will talk about the issue. The earlier we talk, the earlier we will be able to resolve the issue. A lot of work must be done in the areas I have addressed in this speech – change our laws and rules, scrutinize and streamline the facts and data, a lot of things to check, to confirm and also, there is a need to invite more external control. We must act and immediately.

This is not the first time I am appealing to Mongolia’s law-making authority to abolish capital punishment. Nineteen years ago, when I was one of the deputees (members) of the People’s Great Khural, elected by the first ever democratic election in Mongolia, I expressed my views during the discussions of the draft of our Constitution. Back then we held two-day discussions and debates on issues relating to the abolition of capital punishment.

I recall citing eight grounds for abolition of the death penalty when I shared with my position during those discussions. Today, I am addressing the Parliament with eight groups of reasons and two special circumstances to consider. Today, when reminding the words I pronounced 19 years ago, I do not mean to flatter myself, but wish to note that back 19 years ago, there were many deputees – representatives of the people – who supported abolition of death penalty.

Mongols have fought through many decades and centuries to secure our freedom, independence and sovereignty. In 2011 we will mark the centenary of Mongolia’s restoration of our independence and freedom. Freedom and independence of any country is measured by the freedoms and liberties, and self-sustaining power of its individual citizens. I ask my people, the people of Mongolia to make a present to ourselves on this auspicious centennial of our country – let us become a country where a citizen is not deprived of life by the State, and more precisely, as a democratic country, let us be a people where a citizen is not killed by another citizen.

Mongolia is a dignified country, both in terms of the legacies of our history, and in the way we practice freedom. And our citizens are dignified people. Therefore, I ask Mongolia to put behind us this death penalty which degrades our dignity to death.

A Mongol man, a Mongol fate is not a fate to be degraded by the death penalty. Mongols are people of celestial destiny and noble fortune. Mongols, my dear people, let us live this life with dignity, with integrity, with Good Name and Solid Fame.

Thank you.

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Let's end death penalty: Mongolian president

By Jargal Byambasuren

Mongolia's president called for an end to the death penalty and pledged a moratorium on executions on Thursday, an unusual step in Asia where the death penalty is an integral part of most countries' justice systems.

Information about the death penalty, including details about those awaiting death, is a state secret in Mongolia.

Mongolia executed at least one person in 2008, compared with over 1 700 in China, 111 in the United States and 15 in North Korea, according to Amnesty data.

"Mongolia is a dignified country ... and our citizens are dignified people," President Tsakhia Elbegdorj said in a speech to Mongolia's parliament, the Great Hural.

"Therefore, I ask Mongolia to put behind us this death penalty which degrades our dignity to death," he said. "The road democratic Mongolia has to take ought to be clean and bloodless."
Elbegdorj, who opposed the death penalty while member of parliament, has commuted the death sentences of at least three people since he took office in mid-2009.

Amnesty International hailed the move as a "key step toward full abolition of the death penalty" by a country it ranks alongside North Korea for the secrecy in which it veils its executions.

Amnesty, which campaigns for the complete abolition of the death penalty in all countries, has lobbied for Mongolia to eliminate the punishment as it reforms its criminal code.

A draft code reserves capital punishment for premeditated murder and assassination of a state or public official, but removes it for rape, banditry, terrorism, sabotage and genocide.

"Prison conditions for death row inmates are reported to be poor. Families are not notified in advance of the execution and the bodies of those executed are not returned to the family," Amnesty said in its statement hailing Elbegdorj's announcement.

About nine people are thought to be on death row in Mongolia.

Mongolia has had previous moratoria on executions, including one in the early 1950s. -

Source:Reuters News Agency
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Update: Mongolia president says no to death penalty

By GANBAT NAMJILSANGARAV, Associated Press Writer Ganbat Namjilsangarav, Associated Press Writer – Thu Jan 14, 1:28 am ET
ULAN BATOR, Mongolia – Mongolia's president announced a moratorium on the death penalty Thursday, a move that rights groups welcomed as a step toward changing Mongolian law to ban executions permanently.

Many in the opposition-held parliament, however, withheld their applause in protest of President Elbegdorj Tsakhia's speech, a sign that making a lasting change could be difficult.

While the power to commute any death sentences rests with the president, changing the law would require help from Mongolia's opposition-dominated parliament. Mongolia's legal system follows the former Soviet legal system, and many lawyers and legislators favor harsh punishment for criminals.

"The majority of the world's countries have chosen to abolish the death penalty. We should follow this path," Elbegdorj said.

"From tomorrow, I'll pardon those on death row," he said. "I suggest commuting the death penalty to a 30-year severe jail sentence."

Changing the law is "clearly a harder step," Roseann Rife, the deputy program director for Amnesty International's Asia-Pacific office, told The Associated Press. "It involves a lot more people, and the opposition party has control of the legislature."

Mongolia's minister of justice and internal affairs, opposition lawmaker Nyamdorj Tsend, called the speech a risky political move.

"The president's moratorium on the death penalty is a very complicated matter," he told Eagle TV.

Rife said Elbegdorj has commuted at least three death sentences since taking office in May, but added that if he is not re-elected after his four-year term, Mongolia's stance on executions could change "just like that."

Information on the death penalty is a state secret in Mongolia, and it is not clear how many people the country has executed or when the most recent execution took place. The office of Amnesty International Mongolia says at least five people were executed in 2008, and nine people were thought to be on death row as of last July.

Elbegdorj cited a couple of cases where appeals courts overturned death sentences and dropped the cases altogether. If the cases had not been overturned, "the Mongolian state would have killed innocent citizens," he said.

According to Amnesty International, 95 countries have banned the death penalty, but 58 — including Mongolia — continue to use the death penalty for ordinary crimes. Other countries execute people only in extraordinary cases, such as crimes under military law, or have not executed anyone in at least 10 years, the group said.

Countries that continue to execute people include China and the United States.

Execution in Mongolia is by gunshot to the back of the head. The death penalty does not apply to women or to men under the age of 18 or over 60.

Before Thursday's announcement, Mongolia had been considering changing its criminal code to limit the death penalty to cases of assassination and premeditated murder. Currently, the eight crimes that get execution include treason, espionage and certain cases of rape.

An Amnesty statement released Thursday said families of those executed in Mongolia are not told before the execution, and bodies are not returned to the family.

It said conditions on death row are reportedly poor in the impoverished country. One-third of Mongolia's 2.7 million people live below the poverty line.

Source:Associated Press News Agency
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Mongolia president says no to death penalty

By GANBAT NAMJILSANGARAV, Associated Press Writer Ganbat Namjilsangarav, Associated Press Writer – 4 mins ago
ULAN BATOR, Mongolia – Mongolia's president announced a moratorium on the death penalty Thursday, a move that rights groups welcomed as a step toward changing Mongolian law to ban executions permanently.

"The majority of the world's countries have chosen to abolish the death penalty. We should follow this path," President Elbegdorj Tsakhia said in a speech to parliament.

"From tomorrow, I'll pardon those on death row," he said. "I suggest commuting the death penalty to a 30-year severe jail sentence."

His announcement is far from a permanent shift, however. While the power to commute any death sentences rests with the president, changing the law would require help from Mongolia's opposition-dominated parliament.

After the president's speech, opposition lawmakers kept quiet in a sign of protest. Mongolia's legal system follows the former Soviet legal system, and many lawyers and legislators favor harsh punishment for criminals.

Changing the law is "clearly a harder step," Roseann Rife, the deputy program director for Amnesty International's Asia-Pacific office, told The Associated Press. "It involves a lot more people, and the opposition party has control of the legislature."

Rife said Elbegdorj has been on record as opposed to the death penalty for some time.

"He's only been in office since May and has commuted three death sentences that we're aware of," Rife said.

But if he is not re-elected after his four-year term Mongolia's stance on executions could change "just like that," she added.

Information on the death penalty is a state secret in Mongolia, and it is not clear how many people the country has executed or when the most recent execution took place. The office of Amnesty International Mongolia says at least five people were executed in 2008, and nine people were thought to be on death row as of last July.

According to Amnesty International, 95 countries have banned the death penalty, but 58 — including Mongolia — continue to use the death penalty for ordinary crimes. Other countries execute people only in extraordinary cases, such as crimes under military law, or have not executed anyone in at least 10 years, the group said.

Countries that continue to execute people include China and the United States.

Execution in Mongolia is by gunshot to the back of the head. The death penalty does not apply to women or to men under the age of 18 or over 60.

Before Thursday's announcement, Mongolia had been considering changing its criminal code to limit the death penalty to cases of assassination and premeditated murder. Currently, the eight crimes that get execution include treason, espionage and certain cases of rape.

An Amnesty statement released Thursday said families of those executed in Mongolia are not told before the execution, and bodies are not returned to the family.

It said conditions on death row are reportedly poor in the impoverished country. One-third of Mongolia's 2.7 million people live below the poverty line.

Source:Associated Press News Agency
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Mongolia announces moratorium on executions

14 January 2010

Amnesty International has welcomed the announcement made by the government of Mongolia on Thursday declaring an official moratorium on executions in the country.

The organization said it believes President Tsakhia Elbegdorj has taken a bold move for the protection of human rights in Mongolia and welcomed this important development as a key step toward full abolition of the death penalty.

"The government of Mongolia has shown that it has a strong commitment to human rights by introducing a moratorium on the death penalty. Amnesty International urges other countries in the region to follow Mongolia’s example," said Roseann Rife, Amnesty International Asia-
Pacific deputy director.

Asia continues to execute more individuals than the rest of the world combined. Amnesty International estimates at least 1,838 individuals were executed in 11 countries in Asia in 2008.

In China, Mongolia, Vietnam, and North Korea, executions and death penalty proceedings are shrouded in secrecy and a lack of transparency.

"Mongolia must quickly amend its law on state secrecy to end the lack of transparency in the application of the death penalty. Transparency is an essential element of an open and free society but also an important step towards abolition," said Roseann Rife.

The President of Mongolia commuted the death sentences of at least three people in 2009. Executions are carried out in secret in Mongolia and no official statistics on death sentences or executions are made available. Prison conditions for death row inmates are reported to be poor. Families are not notified in advance of the execution and the bodies of those executed are not returned to the family.

More than two-thirds of the world’s countries have abolished the death penalty in law or practice. In 2008, 106 countries voted in favour of the United Nations General Assembly (UNGA) resolution calling for a moratorium on executions.

"We look forward to Mongolia’s support for the UNGA resolution in 2010 and urge other nations in the region to follow suit," said Roseann Rife.

In 2010 Mongolia’s human rights situation will also be reviewed under the United Nations Human Rights Council Universal Periodic Review.

The UN General Assembly will consider a third resolution calling for a moratorium on executions in 2010. Mongolia voted against the UNGA resolutions adopted in 2007 and 2008, as has China, India, Indonesia, North Korea, Malaysia, Singapore, Thailand and Japan. In 2008, 106 countries voted in favour of the resolution, 46 voted against and 34 abstained.

Amnesty International said it believes the death penalty is the ultimate cruel, inhuman and degrading punishment and opposes the death penalty in all cases.

The organization said that the death penalty is discriminatory, used disproportionately against the poor, minorities and members of racial, ethnic and religious communities and it the ultimate act of state violence. There is no evidence that it is any more effective in reducing crime than other harsh punishments.

Source:Amnesty International
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Khan Receives Notice from State Property Committee and Provides Further Update on Developments in Mongolia

TORONTO, ONTARIO -- 01/11/10 -- Khan Resources Inc. (TSX: KRI) ("Khan") wishes to provide a further update concerning the new Nuclear Energy Law that was approved by the Mongolian Parliament on July 16, 2009. Khan continues to advance discussions with the Mongolian state owned company, MonAtom LLC ("Monatom"), to find a mutually satisfactory solution which complies with Mongolian laws and maximizes value for all stakeholders. As previously reported, the Nuclear Energy Law states that it gives the Mongolian Government the right to take ownership without payment of not less than 51% of the shares of a project or joint venture if uranium resources were determined through exploration with State funding, or not less than 34% if State funding was not used during exploration to determine the resource. To that effect, Khan wishes to announce that its 58% owned Mongolian subsidiary, Central Asian Uranium Company, Limited ("CAUC"), has received a formal notice from the State Property Committee of Mongolia ("SPC") requiring CAUC to propose to its shareholders a resolution to approve an increase of the Mongolian State ownership in CAUC to 51%. The notice provides that if a favourable resolution is not provided to SPC by January 31, 2010, CAUC's mining license may be in danger of revocation.

"We view this notice as part of the process of implementing the new Nuclear Energy Law", said Martin Quick, President and Chief Executive Officer of Khan. "We have been working cooperatively with representatives of the Mongolian Government in an effort to reach a mutually satisfactory arrangement that will provide the framework which allows the Government of Mongolia to achieve its goals while also protecting Khan's investment in the project and enabling us as the operator to proceed with the development of the mine. Our discussions have been constructive, and are continuing. As set out in our Directors' Circular, we believe that even with 51% Government participation, the Dornod property is highly valuable to Khan and that value is not recognized in ARMZ' hostile bid."

On November 30, 2009, Atomredmetzoloto JSC ("ARMZ") launched an unsolicited take-over bid for all of the shares of Khan (the "ARMZ Offer"). On December 15, 2009, the Board of Directors of Khan issued its Directors' Circular unanimously recommending that shareholders reject the ARMZ Offer. The Board continues to believe that the ARMZ Offer is an opportunistic attempt by ARMZ to take advantage of the regulatory uncertainty in Mongolia, and that in addition to being inadequate and failing to provide full value to Khan shareholders, the ARMZ Offer contains objectionable conditions that are prejudicial to Khan and its shareholders.

CAUC is currently 58% owned by Khan, 21% owned by MonAtom, a Mongolian state owned company, and 21% owned by JSC Priargunsky Industrial Mining and Chemical Union ("JSC PIMCU"), a subsidiary of ARMZ. CAUC holds the mining license for the Main Dornod Property. As previously announced, the mining license was temporarily suspended in July 2009, and CAUC has submitted an application to re- register the mining license under the new Nuclear Energy Law passed in July 2009.

More information about the circumstances in Mongolia and the ARMZ Offer is provided in the Directors' Circular dated December 15, 2009 issued by Khan's Board of Directors. The Board continues to stand by its unanimous recommendation that shareholders reject the ARMZ Offer and not tender their shares to the ARMZ Offer. Khan strongly urges shareholders to read the Directors' Circular in its entirety and particularly the detailed "Reasons for Rejection" set out therein and summarized in Khan's related press release dated December 15, 2009, copies of which are available on SEDAR at www.sedar.com.

ABOUT KHAN RESOURCES INC.

Khan Resources Inc. (TSX: KRI) is a Canadian company engaged in the acquisition, exploration and development of uranium properties. Its current activities are focused on the Dornod area in northeastern Mongolia, the site of a former Russian open-pit uranium mine. Khan holds interests in the Main Dornod Property, licensed for mining, and in the Additional Dornod Property, licensed for exploration. The Company's website is www.khanresources.com.

Forward-Looking Statements and Information

This press release may contain forward-looking statements and forward-looking information, which are subject to certain risks, uncertainties and assumptions. Forward-looking statements and information are characterized by words such as "will", "plan", "expect", "project", "intend", "believe", "anticipate", "forecast", "schedule", "estimate" and similar expressions, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements and information are not historical facts and are based upon a number of estimates and assumptions and are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors, including the impact of Mongolian and Canadian laws and regulatory requirements on ARMZ's Offer and Khan's business, properties, licenses, operations and capital structure, Khan's ability to re-register its existing licenses, regulatory uncertainty and obtaining governmental approvals, legislative, political, social, regulatory and economic developments or changes in jurisdictions in which Khan and ARMZ carry on business, the speculative nature of exploration and development, risks involved in the exploration, development and mining business, changes in market conditions, changes or disruptions in the securities markets and market fluctuations in prices for Khan securities, the lack of any alternative transactions or the terms and conditions of any alternative transactions not being acceptable, the method of funding and availability of potential alternative strategic transactions involving Khan, including those transactions that may produce superior strategic value to shareholders, and uncertainty in the estimation of mineral reserves and resources. In addition, a number of other factors could cause actual results to differ materially from the results discussed in such statements and information, and there is no assurance that actual results will be consistent with them. For further details, reference is made to the risk factors discussed or referred to in Khan's annual and interim management's discussion and analyses and Annual Information Form on file with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com. Such forward-looking statements and information are made or given as at the date of this news release, and Khan assumes no obligation to update or revise them, either publicly or otherwise, to reflect new events, information or circumstances, except as may be required under applicable securities law.

Contacts:
Investor Relations Contacts:
Khan Resources Inc.
Martin Quick, President & CEO
Office: 416.360.3405
mquick@khanresources.com

The Buick Group
Jonathan Buick
Office: 416.915.0915, Ext. 302
Toll Free: 1.877.748.0914
jbuick@buickgroup.com

Source:Khan Resources Inc and Marketwire, news service
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Indian Nuclear experts' team to visit Mongolia for modalities

New Delhi: As a follow up to a civil nuclear deal signed last year, an expert team from India will travel to Mongolia shortly to work out modalities for its implementation, a visiting Mongolian minister said here.


"A team of experts from Mongolia has already visited India to discuss the modalities for implementing the nuclear deal. A team of experts from India will visit Mongolia soon to work out the modalities," Mongolian minister for Science, Education and Culture Yondon Otgonbayar told PTI in an interview here. The agreement was signed in September last year during the visit of Mongolian President Tsakhiagiin Elbegdorj.


Mongolia, which is believed to have ample resources of uranium, was the sixth nation with which India signed the civil nuclear pact after the 45-nation Nuclear Suppliers Group lifted a 34-year-old ban on India in September 2008 to have trade in the field with the international community.

India has also inked civil nuclear agreements with the US, Russia, France, Kazakhstan, Namibia and Argentina and concluded negotiations for a similar pact with Canada.

The 'Memorandum of Understanding on Development of Cooperation in the field of Peaceful Use of Radioactive Minerals and Nuclear Energy' would enable India to look for uranium in Mongolia.

Otgonbayar said his country wanted enhancement of relations with India in all spheres and was particularly seeking Indian investments.

"We are looking for further expansion of bilateral trade. We are inviting Indian companies to be involved in mining and iron ore production in Mongolia," the visiting minister said.

Indian companies like Jindal and Mesco steel have evinced interest in iron ore production and mining of coking coal, Otgonbayar said.

The landlocked country exports wool to India while it imparts various vaccines and software from India. The bilateral trade is to the tune of $20 million per annum.

India has announced $25 million stabilisation fund for Mongolia to help it in mitigation of the impact of global financial crisis.

"We will spend the fund for development of our IT sector. We are looking for negotiating with Indian IT companies for further cooperation," Otgonbayar said.

The minister said his government will take help of Indian government in expanding the school education system back home. Mongolia is interested in more students' exchange programmes with Indian universities, which offer high quality education.

At present, there are about 600 Mongolian students pursuing higher studies in India. He said Mongolia has invited prime minister Manmohan Singh to visit Ulan Bator this year.

"We are celebrating 55th year of our diplomatic ties with India this year. Our prime minister has invited Indian prime minister to visit Mongolia this year. The invitation has been accepted," he said.

Source:PTI (Press Trust of India) News Agency
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Mongolia receives first supplies of pandemic influenza vaccine

ULAANBAATAR, Mongolia, 7 January 2010—Mongolia today became one of the first countries in the world to receive donated pandemic influenza H1N1 vaccine from the World Health Organization (WHO). Azerbaijan was also scheduled to receive its first supplies.

In a ceremony Thursday in the Mongolian capital, Ulaanbataar, Minister of Health Dr. S. Lambaa officially took delivery of an initial batch of 100,000 doses of the vaccine from WHO officer-in-charge Dr Salik Govind.

The doses, which will be enough to cover approximately 4% of the country's population, will be made available initially to health care workers. Other priority groups in the first phase will be pregnant women and patients with underlying medical conditions, as well as essential service staff. Further WHO deliveries phased over time are designed to provide Mongolia with a total of 270 000 doses—enough for about 10% of the population. Among those targeted for inoculation once these supplies are received are children aged 1-5.

"WHO is delighted to make this vaccine available to Mongolia," said Dr Rojanapithayakorn. "It will be a vital weapon in the country's battle against the influenza pandemic."

The vaccine, manufacturered by the British pharmaceutical company GlaxoSmithKline Biological in its Quebec, Canada, plant, will be distributed over the next few weeks in Ulaanbataar and around the country.

As of January 5, 2010, the Mongolian Ministry of Health had reported 1251 laboratory-confirmed cases and 28 deaths associated with pandemic H1N1. A slight increase in the number of cases was reported recently after weeks of declining activity following a large peak in cases more than one month ago. Globally, more than 208 countries and overseas territories or communities have reported laboratory confirmed cases of pandemic influenza H1N1 2009, including more than 12 200 deaths.

WHO is providing emergency supplies of the vaccine to 95 low- and middle-income countries that would not otherwise be able to secure supplies. If sufficient amounts of vaccine are pledged, WHO plans to provide enough doses to inoculate up to 10% of the population of each of these countries. WHO estimates that in the first year this will entail about 200 million doses of vaccine, plus ancillary products such as syringes and safety boxes.

For more information, please contact WHO's Dr Salik Govind on office phone number 976-11-327870, mobile 976-99033322.

Source:WHO (World Health Organization)
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Vietnam, Mongolia boost cooperative ties


Vietnam attaches great importance to developing relations with traditional friends, including Mongolia, said Party General Secretary Nong Duc Manh while receiving his Mongolian counterpart Ukhnaa Khurelsukh in Hanoi on January 7.

Vietnam is willing to share its experience and promote the multifaceted cooperation with Mongolia in their potential areas, Mr Manh told Khurelsukh, Secretary General of the Mongolian People’s Revolutionary Party.

He congratulated the Mongolian ruling party on its achievements made in national construction and thanked the Mongolian people for their support to Vietnam’s national liberation in the past and its present renewal process.

Mr Khurelsukh said that Mongolia considers Vietnam an important and trusted partner in Southeast Asia and that it is interested in studying Vietnam’s development experiences.

Mongolia will do its utmost to further develop relations and cooperation with Vietnam, he said.

Both host and guest agreed that the two parties should continue to promote the traditional friendship and cooperation in the interests of their nations and for peace, national independence, democracy and social progress in the region and the rest of the world.

The same day, Truong Tan Sang, a Party Politburo member and permanent member of the Party Secretariat, had a meeting with the Mongolian delegation.

They briefed each other on the two parties’ foreign affairs policies and international relations and discussed measures to increase their friendly ties.


Source:Voice of Vietnam, news agency
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Coldest winter in last thirty years keeps Mongolia in grip

Some say world is becoming more warmer these days. However, at this moment, we in Mongolia are having coldest winter in last thirty years.In western aimags like Uvs,coldest areas of country, air temperature expected to reach - 50 Celcius.

Previous winters was not that cold and were less snowy. Air temperature in Ulaanbaatar is in average -26 celcius and above -30 celcius in night. Municipal office of Ulaanbaatar is unable to fully remove ice and snow layers off roads. Slippery roads causing several times more traffic accidents. Cars in summer tires are called to stop participating in traffic unless get winter tires.
Public transport of Ulaanbaatar is working in state of full-preparedness-for-emergency.
Heating of some apartment districts are inadequate. People staying in their homes in several layers of clothes.

Situation in some of rural aimags are also dire. "Zud" disaster is eminent in many western and Gobi aimags which had much snowfall.Government of Mongolia mobilizing resources in help herders in remote, isolated areas.

By Ganbat, reporter of MonInfo News Service


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Myanganbayar charged with crime; dispute over mining license

Myanganbayar, owner of "Mongol Gazar Holdings" LLC, gold mining company is charged with economic crime starting Jan 5, 2009, said sources.

Previously, police was saying Myanganbayar was questioned by economic police unit in relation to his borrowings from bankrupt Mongolian banks Anod and Zoos. It is alleged he borrowed large sums of loan from these banks and were unable to repay in schedule during last two years. If it is considered necessary, police may arrest him, said sources.

Largest asset of the MGH is Olon Ovoot-gold mine deposit in Umnugobi aimag. THe deposit is allegedly very rich gold deposit that may contain up to 150 tons of gold.

Mining license of the deposit is used as collateral to get $ 20 mill dollars from Goldman Sachs, US based investment bank. MGH is not fulfilling its responsibility before Goldman Sachs, said sources. Lately, dispute over who is holding the license has emerged. On Wednesday, Mongol Bank receivers of Anod and Zoos banks said Olon Ovoot Gold, a company owned by Mongolian conglomerate Just Group claimed it has the license of the deposit.It is not clear at the moment, if there are two mining licenses for the Olon Ovoot, one kept by Goldman Sachs as loan collateral and another claimed by Olon Ovoot Gold Co.

MGH is 100% owned by Myanganbayar and employes about 2000 people. It was one time, one of largest Mongolian owned gold mining companies. Trouble of the company began when Anod,private mongolian bank bankrupted.

By Ganbat, reporter of MonInfo News Service
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Mongolia Receives First Batch of Swine Flu Vaccines

The World Health Organization says Mongolia became the first developing country to receive doses of donated H1N1 swine flu vaccines. A WHO spokeswoman tells VOA more vaccines will be distributed for use in 95 poor countries during the next few months.

The World Health Organization has divided the 95 developing countries into three groups. Mongolia is the first country in the first group of countries to receive the H1N1 vaccine donations.


WHO spokeswoman Nyka Alexander tells VOA a country must have measures in place for distributing the vaccine before it can become eligible to receive it.

"There is a whole stack of logistical issues behind that. But, we are very happy that the campaign has begun, the first arrivals have begun. The deployment has been going on for many, many months now. But, the actual first arrival of vaccines happened today," she said.

Alexander says the vaccines will be shipped to all of the first group of 35 countries within the next month. She says the World Health Organization is not releasing the names of the countries yet because the logistics of distribution keep changing.

"So, for now, we are just saying that the three countries that seem closest to receiving-well Mongolia, which did receive," she said. "Azerbaijan, which should receive within a few days and Afghanistan as well, looks pretty likely to be next on our list, next of the countries able to receive. So, there is that. The other countries on this first cluster of 35, there are several in our Western Pacific region and there are also Pacific island countries."

She says health care workers will be the first to be immunized, followed by people most at risk, such as pregnant women and very young children.

Western European countries are trying to unload surplus stocks of the H1N1 swine flu vaccine. Countries such as France, Spain, Germany and Switzerland find they are stuck with too much of the vaccine because of low public demand for the flu shots.

Alexander says the World Health Organization is not involved in any of the discussions going on between governments selling and purchasing the vaccines.

"However, if any of these countries with excess capacity wish to donate further vaccine to WHO, of course we would welcome that because there are countries that are still seeking vaccines. We have not with the most recent, in the past couple of weeks, we have not received any new commitments," she said.

Since the beginning of the pandemic, the World Health Organization has received pledges of 190 million doses of vaccine from 14 countries, which also includes pledges of money. Alexander says the money is important because that pays for the distribution of the vaccine to people who need it.

Source:Voice of America News Section
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Rio, other miners covet Ivanhoe's Mongolian asset

MELBOURNE/NEW YORK (Reuters) - Rio Tinto (RIO.AX), the mining giant with a minority interest in a huge, undeveloped copper-gold deposit in Mongolia, is likely to be at the front of a long line of potential bidders should its partner, Ivanhoe Mines (IVN.TO), put itself up for sale.

Ivanhoe -- which owns one of the world's biggest copper lodes, the Oyu Tolgoi project in Mongolia -- said on Wednesday it had hired bankers to consider ways to boost the group's value, sparking speculation that the $6.8 billion company could be up for sale.

Rio (RIO.L) owns 19.7 percent of Ivanhoe and has long coveted the Oyu Tolgoi project. Rio Chief Executive Tom Albanese has called the Mongolian project one of the "most attractive undeveloped copper-gold projects in the world."



But it is likely to run into stiff competition from other big copper miners including BHP Billiton (BHP.AX)(BLT.L), Xstrata (XTA.L) and Anglo American (AAL.L), investors said. Investment bankers also pointed to strong interest from resource-hungry China, as Oyu Tolgoi is located just 80 km (50 miles) from its border.

"It's very rare that these types of projects become available," said Tim Schroeders, a portfolio manager at Pengana Capital.

"If it becomes public that Ivanhoe are sellers, everyone's going to be obliged to have a look and see, because it's just not going to come around again."

To be sure, the timing is less than ideal for Rio. The London-based company only recently cut its massive debt load in half and has further to go.

"I'm sure they would probably prefer not to have to do something immediately," said Tim Barker, an analyst at BT Investment Management.

Even so, Barker said that as a shareholder, he would favor a deal, as long as the price was sensible. "It's the kind of asset they should have in their portfolio."

IN THE DRIVER'S SEAT

In anticipation of an Ivanhoe sale, competitors will closely monitor Rio Tinto.

"I see Rio as being in pole position and I see it as unlikely that anyone would want to step into that mix without knowing what Rio's position is," said one investment banker in the industry.

Under its partnership agreement with Ivanhoe, Rio can increase its stake to 46.6 percent of Ivanhoe's shares over the next two years.

The cap does not apply if a competing bid is made for the company, Ivanhoe directors waive the restrictions, or if founder Robert Friedland seeks to sell his shares to anyone other than institutional investors. In that event, Rio also has the first right of refusal to buy Friedland's shares. Friedland owns 22.8 percent of Ivanhoe.

Bankers and fund managers suggested that a joint venture between Rio and a Chinese bidder like Chinalco is a good possibility. Rio is looking to mend ties with the Chinese state-owned company after Rio spurned Chinalco on a $19 billion deal last year.

"Whilst the Chinese would like to get involved with it, because it's right on their doorstep, the impression has been in the past that the Mongolian government may not be interested in the Chinese coming in," BT Investment's Barker said.

"But why not? You could see the kind of structure that we saw with Escondida, 60-40, which gives ultimate management control to one party, but you're not completely at risk on the operation."

Bankers said that any buyer of Ivanhoe would need a balance sheet to support the billions of dollars that need to be poured into development of the Mongolian mine.

They also suggested that Ivanhoe might attract more interest if it first sells or spins off some of its other assets -- its majority ownership of a Mongolian coal miner and an Australian exploration and development company, as well as a gold miner in Kazakhstan.

BHP Billiton might be reluctant to commit capital to Oyu Tolgoi, having walked away from the project in 2004.

But more is known about the project now, and the world's biggest miner might be willing to bid in a consortium for Ivanhoe.

"I'd imagine there would be various groups put together to bid for Ivanhoe, rather than do it alone, because some people have strong balance sheets but not necessarily the expertise to develop the project," said Pengana's Schroeders.

(Additional reporting by Quentin Webb in London and Pav Jordan in Toronto, editing by Matthew Lewis)

Source:Reuters News Agency
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Border guards murdered their superiors sentenced to capital punishment

According to Mongolian media sources, four border guards murdered their superiors in southern border of Mongolia and escaped from their stations of duty are sentenced to capital punishment.

Last year, Nov 22, four young soldiers shot and killed three of their superior officers and wounded one while on duty with AK-47. Then they kidnapped other guards and attempted to go to Darkhan,a town in central Mongolia. They surrendered to police after lengthy negotiation.
According to sources, police investigation revealed there was no pressure for the soldiers. The investigation has not fully completed.

By Battsetseg, reporter of MonInfo News Service
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Ivanhoe weighs options ahead of Mongolia development

TORONTO (Reuters) - Colorful dealmaker Robert Friedland, who made a fortune selling an undeveloped Canadian nickel deposit, is seeking new options for his current venture, Ivanhoe Mines (IVN.TO), as it starts building a massive copper-gold mine near Mongolia's border with resource-hungry China.

A statement said the company, which has partnered with mining giant Rio Tinto (RIO.L) in Mongolia, had hired bankers to look at possibilities "to further enhance shareholder value." That might include offering new shares or bonds, borrowing money or selling a subsidiary, as well as "various corporate transactions." The company stressed that no specific deal was under consideration.

Mongolia finally approved the Oyu Tolgoi project in 2009 after years of wrangling.

Analysts were reluctant to speculate on whether the statement meant that Ivanhoe could go on the block, but Salman Partners analyst Ray Goldie said the language of the statement left the door open for a sale.

Ivanhoe, which has a market capitalization of just over C$7 billion ($6.8 billion) "does say various other corporate transactions, so it is possible to read a sale of the company into that," Goldie said.

A source close to the Vancouver-based company also did not rule out the possibility of a sale, saying all options were possible.

Ivanhoe would not comment on whether an outright sale was being considered.

In a statement, the company said it had hired advisers from Citigroup (C.N) and Hatch Corporate Finance, a mining sector specialist, to investigate options.

"With the excellent progress that now is being made on moving the Oyu Tolgoi copper and gold project toward production, and with the strong performance of our South Gobi Energy coal subsidiary in Mongolia ... this is the right time to explore options," Friedland, Ivanhoe's chairman, said in the statement.

If the company is sold, the move would fit with Friedland's past behavior.

The Chicago-born billionaire, who owns 22.8 percent of Ivanhoe, made the bulk of his fortune by selling the undeveloped Voisey's Bay nickel-copper deposit in Eastern Canada to Inco for $3.7 billion in 1996. Inco has since been purchased by Brazil's Vale (VALE5.SA).

Ivanhoe's shares, meanwhile, have more than quintupled since the end of 2008. In October the company signed a long-delayed investment agreement with Mongolia clearing the way for development of Oyu Tolgoi, with the initial open-pit phase expected to cost $3.5 billion ($3.4 billion) to build.

Under the agreement, Mongolia took a 34 percent stake in the project.

Rio, which currently holds a 19.7 percent stake in Ivanhoe and has the right to increase the stake as high as 46.6 percent through funding commitments and purchases in the open market, declined to comment.

Ivanhoe, with its C$7 billion market capitalization, is now larger than mid-tier base metals producer First Quantum Minerals (FM.TO).

Its value has been driven by excitement over the massive deposits at Oyu Tolgoi, which is expected to produce an average of 1 billion pounds of copper and 500,000 ounces of gold a year over the first 10 years of its 35-year mine life, with commercial production expected in 2013.

The mine is located a mere 80 kilometers (50 miles) from the border with copper-hungry China.

Some have raised concern of the rise of Ivanhoe's share price, however.

Tom Meyer, an analyst Raymond James, said in a December 8 note that investors should sell the stock, saying the share price did not factor in risks for potential cost revisions, project execution and financing risk and delays.

The company's stock was up 48 Canadian cents at C$17.20 on the Toronto Stock Exchange.

Ivanhoe also owns a 80 percent stake in coal miner SouthGobi Energy (SGQ.TO), which plans to raise about $400 million from a Hong Kong initial public offering this month.

($1=$1.03 Canadian)

(Additional reporting by Euan Rocha in Toronto and Eric Onstad in London, Editing by Frank McGurty)

Source:Reuters News Agency
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Cold, yes, though not quite 'Mongolia cold'

By Tom Lyons


Published: Thursday, January 7, 2010 at 1:00 a.m.
Last Modified: Wednesday, January 6, 2010 at 7:28 p.m.
The sunlight had diamonds dancing on the water under blue sky. The sailboats in the anchorage looked charming. But something was amiss.

Under the palmetto-thatched roof of the bayside, open-air dining area at O'Leary's Restaurant, a piped-in Jimmy Buffett song ended and "Don't Worry, Be Happy" started playing, but nobody cared.

Mid-morning Wednesday, not one customer was out there to take the laid-back advice.

It was just too dang cold.

Sorry, all you paying Florida visitors. Even Caribbean music, palm trees, beach views and tiki-hut decor can't make coffee-and-breakfast seeking tourists dine outside on the same morning that airliners departing Sarasota-Bradenton International Airport are being delayed by ice on their wings.

No one warned Marc Hanson, an artist from Minnesota who is in Sarasota for a downtown gallery show of his paintings. And, oh yes, while here, he's teaching other artists some techniques of the landscape painting trade.

That, in case you didn't make the leap, means painting outdoors.

Hanson assumed Florida would be toasty. On Wednesday morning he had his adult students and their easels lined up beside Sarasota Bay. As his students' cold hands gripped paint brushes, Hanson gripped a hot drink and paced around.

"I have lots of warm clothes," Hanson said. "I didn't bring them."

But there's cold and there's cold. Back home, he said, he takes his bundled-up students out to a frozen lake this time of year, to paint fishermen hunched over holes in the ice.

Talk about suffering for your art.

Nearby, two college-age people who also had the look of out-of-state visitors -- no coats, lots of cameras -- were taking turns at aiming a video camera as the other knelt and posed by the crystal clear water lapping the sands of the John Ringling Causeway.

It looked great, and no one back home would know from the video that the bay is cold enough now to give manatees pneumonia.

But, as it turns out, there is no need to apologize for the weather to these two. Oka and Undraa are a brother and sister from Ulaanbaatar, the capital of Mongolia. Oka, a pre-med student visiting Florida to check out a medical school, said if they were back home on this day off, they wouldn't be out strolling on wet sand. They would hole up at home.

"It's minus 36 degrees Celsius," he said.

Since that's about 33 degrees below zero Fahrenheit, I checked a weather Web site later, to see if Oka was maybe gilding the icicle a bit. Nope. He was right.

So welcome to our semi-tropical paradise, where it is guaranteed to be sunny and warm, year round. Relatively.


Tom Lyons can be contacted at tom.lyons@heraldtribune

.com or (941) 361-4964.

Source:Herald Tribune newspaper of Sarasota, Florida

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Lotus acquires new mining licence in Mongolia

Lotus Resources has completed the acquisition of a further fluorspar mining licence for $70,000.


The licence has been transferred to Lotus Minerals Mongolia LLC, its wholly owned subsidiary company in Mongolia.

The Tsagaan Chuluut mining licence is located in Dornogobi Province, Mongolia and is approximately 400 km south-east of Ulaanbaatar, Mongolia's capital and largest city.

The Tsagaan Chuuluut project area is located in a geological province that is known for its fluorspar mineralisation endowment.

The deposit is genetically and morphologically very similar to the country's largest fluorspar mine (Bor-Ondor) which is located about 70km to the west-northwest of Tsagaan Chuulut.

Lotus has also increased its shareholding in the Lotus Bayalag LLC joint venture from 65% to 80%.

Lotus has agreed to acquire the 15% stake for $15,000.

An exploration plan has been prepared for this project which will start later this year.


Source:Story provided by Business Financial Newswire


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NOMINJIN GOES BEHIND BARS FOR LATEST PETA AD



Ulaanbaatar – Mongolian pop sensation Nominjin hits the slammer for a brand-new ad for People for the Ethical Treatment of Animals (PETA) Asia. Next to the tagline "Liberate Your Style: Don't Wear Fur", the 20-year-old vegan is shown in a cage alongside a furry friend to protest against the barbaric practices used in fur farms around the world. The ad was shot by ace photographer Zeev Rozen. Ankhtsetseg B did the makeup for the ad, and Darisuren B served as the hairstylist. Nominjin sings in nine languages and has worked with world-renowned producers and musicians in the US and India. She has performed in more than a dozen countries, including Russia, Mexico, Korea, Turkey, Japan, India, the US and France. She has been a featured singer on international albums alongside Norah Jones and James Blunt and also contributed to a remixed version of a John Lennon album. Earlier this year, in an online poll, she was voted first runner-up in PETA Asia's Sexiest Vegetarian contest.

"Fashion should be fun, and there is nothing fun about wearing someone else's skin", says Nominjin, who has more than a dozen number one hits to her name. "Watching PETA investigations of fur farms brought tears to my eyes."

On fur farms in neighbouring countries, where most fur originates, rabbits, minks, foxes and other animals spend their lives standing in tiny, filthy cages, where they never have a chance to run, jump or play. To kill the animals, fur farmers snap their necks or smash their skulls before stringing them up by their legs and cutting off their heads. Some of the animals are skinned while they're still alive.

"Fur is often mislabelled, so there's really no way to know what kind of animal's skin you're wearing", said Nominjin. "Anyone who wears any fur or fur trim shares the blame for the miserable lives and horribly painful deaths of millions of animals each year."

Nominjin joins a list of glamorous celebs – including Eva Mendes, Pink, Kim Basinger and Natalie Portman – who shun fur and fur trim. For more information, please visit PETAAsiaPacific.com.
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Vancouver gold miner creates Mongolian joint venture

Monday, 04 January 2010
Vancouver-based Jinshan Gold Mines Inc. (TSX:JIN) has signed a joint venture agreement to explore and develop gold projects in Mongolia.

Jinshan will work with Mongolia's Monnis International Inc., whose primary business is as Nissan Motor Co. Ltd.'s official distributor in Mongolia. Since it was founded in 1998, the company has diversified its business to various sectors including construction, mining and domestic airline services.


Jinshan will have a 51% stake in the joint venture and will control and manage any acquired assets. The partnership with Monnis is part of the Jinshan's goal of expanding its presence in Mongolia.

Jinshan's main project is the Chang Shan Hao gold mine located in Inner Mongolia, China. The mine produced 60,063 ounces of gold in the first nine months of 2009, up from 42,160 ounces in the same period in 2008.

Revenue for the nine-month period ending September 31, 2009 rose to US$47 million from US$13.1 million. The company, however, reported a net loss of $2.8 million, up from $2.4 million due to a foreign exchange loss and interest on notes payable.

Jinshan's share price range during the past week: between $2.84 and $2.87; 52-week high: $2.87; 52-week low: $0.35.

Source:http://www.bivinteractive.com/
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SouthGobi Energy eyes $400 mln HK IPO - term sheet

HONG KONG, Jan 4 (Reuters) - Canada-listed mining group SouthGobi Energy Resources Ltd (SGQ.TO) plans to raise about $400 million from a Hong Kong initial public offering this month, according to a term sheet obtained by Reuters.

SouthGobi, which started IPO premarketing on Monday, is focused on exploring and developing metallurgical and thermal coal deposits in Mongolia and Indonesia. Its flagship coal mine, Ovoot Tolgoi in Mongolia, sells coal to buyers in China.


SouthGobi is almost 80 percent owned by Vancouver-based Ivanhoe Mines (IVN.TO), with the bulk of its remaining shares held by institutional investors and mutual funds.

Of the offering, 75 percent would be allocated to institutional investors, 15 percent to Canadian investors and 10 percent to Hong Kong retail investors, the term sheet said.

The company will kick off a marketing road show on Jan. 11, aiming to list on Jan. 29 under the symbol "1878" 1878.HK.

The company said it planned to use the proceeds to expand production capacity and access regional infrastructure and coal transportation requirements.

In October, China's sovereign wealth fund, China Investment Corp [CIC.UL] invested $500 million in SouthGobi to help the company accelerate development of its Mongolian coal projects.

Citigroup (C.N) and Macquarie (MQG.AX) are handling the IPO. (US$1=HK$7.75) (Reporting by Saeed Azhar and Kennix Chim; Editing by Chris Lewis)

Source:Reuters news agency
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Mongolia seeks to diversify investors

By William MacNamara

Published: January 1 2010 19:30 | Last updated: January 1 2010 19:30

Mongolia is attempting to attract fresh foreign investors to balance China and Russia, its dominant traditional partners and neighbours, as it embarks on privatisations and initial public offerings of its extensive mineral assets.

The democratic country of fewer than 3m people has opened itself up for large-scale mining and mineral development in recent months after years of debate and infighting about its investment regime.


Mongolia’s untapped deposits of coal, copper, and uranium are strategically located near the Chinese border.

Mining companies from China and Russia – the two states that have dominated Mongolia historically – are among those vying for licences to develop Tavan Tolgoi, a state-owned deposit that contains more than 6bn tonnes of coking coal.

By a programme of privatisations during 2010, Mongolia’s government intends to balance applications of Chinese and Russian companies against those from the US, India, South Korea and elsewhere. That is the commercial corollary of its “third neighbour” foreign policy – which aims to recognise importance of its neighbours while inviting third-party interests to prevent Chinese or Russian dominance.

“We welcome investment both from our neighbours and our third neighbours,” said Dashdorj Zorigt, Mongolia’s minister for mineral resources and energy.

“There is the issue of commercial interests,” he added, “and ensuring that any deals we make are in line with our foreign policy. We will not base our decisions purely on political considerations – but they will also not be based purely on business considerations. We will be balanced.”

The government has been expecting an investment boom since October, when it agreed a crucial mining contract with Canada’s Ivanhoe Mines and Rio Tinto, joint venture partners. The Oyu Tolgoi investment agreement, named after the Mongolian copper-gold deposit that Rio calls the world’s best untapped copper resource, had been under negotiation since 2004.

Mongolia, aware that the structure of the Oyu Tolgoi licence would set a precedent for all large-scale mining investment, imposed conditions such as a windfall profits tax. Ivanhoe and Rio called the tax unacceptable and national debate about the agreement intensified. In August, the country repealed the tax policy.

Potential investors sat on the sidelines to watch the resolution of the Ivanhoe-Rio venture. Mr Zorigt declined to say whether the government’s 34 per cent stake in the Oyu Tolgoi project would guide other agreements.

On November 23, Sukhbataar Batbold, prime minister, said the government would prepare state-owned enterprises owning strategic assets for IPOs on international exchanges.

“Next year we hope to see the first IPOs,” Mr Zorigt said. “This is where the focus of my ministry will be over the next year.”

Bidding for licences to develop Tavan Tolgoi – a vast deposit that might be subdivided – are Shenhua of China, Peabody of the US, Jindal of India, and Mitsui and Sojitsu of Japan, among more than 10 interested parties, the government said. A decision on licensing will be announced soon, Mr Zorigt said.

Source:Financial Times newspaper of UK dated Jan 1, 2010
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Jinshan Enters Into Memorandum of Understanding to Develop Gold Business With Monnis International Inc.

Press Release of Jinshan Gold Mines Inc

TSX: JIN
Dec 31, 2009 09:30 ET Jinshan Enters Into Memorandum of Understanding to Develop Gold Business With Monnis International Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 31, 2009) - Jinshan Gold Mines Inc. (TSX:JIN) is pleased to announce that it has entered into a memorandum of understanding with Monnis International Inc. to jointly explore and develop gold projects in Mongolia. Monnis International Inc. was established in 1998 as an official distributor of one of the world's leading car manufacturers, Nissan Motor Co., Ltd in Mongolia. The company has now expanded its activities and has gained particular position in the fields of geology, mining, energy, construction, international freight forwarding, foreign trade, automotive service, communication, banking, and air industry, with over 600 employees. Jinshan and Monnis shall have 51% and 49% equity interest, respectively, in the acquired projects. Jinshan will control and manage the acquired projects. Jinshan believes its partnership with Monnis will allow Jinshan to build and grow strong business in Mongolia.

About Jinshan

Jinshan is a mining company whose principal property is the CSH Gold Mine. Jinshan began producing gold at the CSH Gold Mine in July 2007 and is actively advancing its portfolio of gold exploration properties in China. Jinshan's shares are listed on the TSX under the symbol "JIN".

Please visit our website at: www.jinshanmines.com.

Forward-Looking Statements: Statements in this release that are forward-looking statements, including the approval of the name change and potential completion of definitive agreements covering the MOUs, are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the company's MD&A, financial statements and other periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Jinshan does not assume the obligation to update any forward-looking statement, except in accordance with applicable securities laws.



For more information, please contact

Jinshan Gold Mines Inc.
Frank Lagiglia
+1.604.695.5032
info@jinshanmines.com
www.jinshanmines.com

Source:Jinshan Gold Mines Inc
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