Aspire Mining Ltd is set to open a placement aimed at raising up to $4 million through the issue of 200 million shares priced at $0.02.

Moody’s Investors Service has changed the outlook on Mongolia’s (Caa1 stable) banking system to stable from negative. The outlook indicates Moody’s expectation for how bank creditworthiness will evolve in the country over the next 12-18 months.

Five Mongolian doctors from the National Trauma Orthopedic Research Center (NTORC) were seriously injured in a car crash in Uvurkhangai province on 2nd of July. Two remain in a critical condition.

Mongolia’s most exciting cultural event, Naadam, is fast approaching.

The State Great Khural, as the Mongolian Parliament is known, holds its Autumn Session from 1st of October to 1st of February and its Spring Session from 5th of April to 1st of July.

‘Save the Tuul River’, is the slogan being used by ‘Social Active Youth’, a non-governmental organization, to launch a campaign to clean the banks of the river, which flows through Ulaanbaatar.

Mongolia exported the first shipment of 1000 tonnes of mutton to Iran last week. The meat exporting agreement to supply the meat was reached between ‘Eco Food Trading’ LLC and ‘Darkhan Meat Foods’ LLC.

LIMERICK FC has announced an innovative Community Partnership with the Mongolian Football Federation which they believe will be beneficial for both sides.

A Mongolian dairy producer has issued the local stock exchange’s largest ever corporate bond, testing market appetite following an economic bailout and the potential election of an unpredictable new president.

Kh.Enkhtuya and G.Bolor-Erdene are favourites to defend their titles, when the biggest Para taekwondo competition in Asia gets underway on 1st July in Chuncheon, South Korea.