Mongolia is preparing to overturn last year’s cancellation of 106 mining licenses in a further attempt to revive investor confidence in the mineral rich nation, according to one company stripped of its permit.

The mining ministry has proposed returning the licenses

Mongolia plans to put a resolution to parliament that will end a dispute between 11 foreign license holders and the government over the invalidation of 106 mineral exploration licenses, one of the companies affected, Kincora Copper, said on Monday.

The dispute

Mongolia Energy (00276.HK) -0.003 (1.829%) entered into a mining services (removal of overburden) agreement with Monnis for appointing it as mining contractor to provide topsoil and overburden removal services for the Khushuut Coal Mine. According to the agreement, the Contractor

Deputy Speaker of Parliament and leader of the Mongolian People`s Party (MPP) M.Enkhbold received the Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Mongolia, Iskander K. Azizov, at Government House on Monday April 28th.

During the meeting the parties discussed

The following is an interview with MP S.Ganbaatar about present issues.

-In connection to inflation, the government increased the minimum wage and pension by thirty percent. In reality, an addition of 20 thousand MNT is barely enough. As days pass by

Negotiations between the Mongolian government and Rio Tinto Group over financing for the Oyu Tolgoi copper mine have dried up foreign capital and caused the tugrik to hit a new low, a fund manager said.

“Because of this impasse, international capital

 The Sixth Round of the Negotiations for the Japan-Mongolia Economic Partnership Agreement (EPA) was held from April 22 to 26, 2014 in Tokyo, Japan.

 The Japanese delegation was led by Mr. Seiji Kihara, Parliamentary Vice-Minister for Foreign Affairs, and the Mongolian

In Zavkhan aimag, about 60 local motorcycle riders provide local transport services to local residents to make earnings. The Provincial Department for Transport and Roads and the Local Police Department made a statement to the Governor`s Office of Zavkhan asking

On Saturday 26th of April, a sport day event for People with Disabilities was held at school 70. This special day was organized for young people with disabilities to show that these people have the right, and the desire, to

Chinese Finance Minister Lou Jiwei begins an official visit to Mongolia today, April 28th on the invitation of Mongolian Finance Minister Ch.Ulaan. Minister Lou Jiwei will conduct the official visit between April 28th and 29th.

Finance Ministers Ch.Ulaan and Jiwei exchanged