Mongolia’s government is said to be actively seeking to cancel a deal with Rio Tinto (ASX, LON, NYSE: RIO) governing a $6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi Desert, as it looks to replace it

Kh.Nyambaatar, Minister of Justice and Internal Affairs has been appointed as the leader of a cabinet working group to deal with the Rio Tinto Group’s  business at Oyu Tolgoi, one of the largest known copper and gold deposits in the

Talon Petroleum (TPD) has secured an option to earn a 35 percent interest in the proposed Gurvantes XXXV Production Sharing Agreement (PSA) in Mongolia.
The company has signed an agreement with Telman Resources, which holds a coal bed methane (CBM) prospecting

The Central Bank of Mongolia purchased 1.35 tons of precious metals in January, 2021, showing an increase of 750 kg compared to the same period of the previous year.
The branches of the bank in Darkhan-Uul and Bayankhongor provinces bought 15.7

The Mongolian government is to provide all possible support to implement the policy ofproviding housing for young people and young families.
Prime Minister L.Oyun-Erdene raised the issueduring a meeting with representatives of public and private organizations operating in the construction

The Caucasus, Central Asia, and Mongolia Regional Capacity Development Centre (CCAMTAC) has been established as the newest addition to the International Monetary Fund’s (IMF’s) global network of 17 regional capacity development centres.

Following the signing of a letter of understanding between

A virtual travel fair entitled ‘Cheap Vacation’ is taking place from 27 January to 31 March. The event is being co-organised by the Ministry of Environment and Tourism, the Ulaanbaatar Tourism Department, the Mongolian Tourism Association, the Mongolian Hotels Association

Mongolian imports fell to an eight-month low in December as the country’s first local transmission of Covid-19 cases in the previous month compelled stricter checks at the Chinese border crossings, largely reducing the number of trucks passing daily. Mongolian imports