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Vehicle weight limits in place to protect local roads

Heavy trucks and haulage vehicles are temporally banned on the roads of Ulaanbaatar city during the periods between March 20th to April 20th, and October 20th to November 20th every year. Heavy vehicles can damage local road paving especially in

Mongolian pop group Uvertura prepares for countrywide tour

Mongolian pop opera group Uvertura is due to start their tour across the country next month. The pop opera group successfully performed “Endless” in the UB Palace in Ulaanbaatar last year. Now the group plans to perform for every Mongolian

Priceless archeological finds on display for public

Celebrating the 40th anniversary of diplomatic relations between Mongolia and Germany, the “Mongolian Steppe Warriors – Nomadic Horsemen Heritage” exhibition will be held at the National Museum of Mongolia in Ulaanbaatar. A member of the Institute of Archaeology of the

National Forum held on the rights of the disabled

The National Forum “Make Rights Real” is being held at Government House today. Over 500 participants are attending the National Forum that is designed to increase the participation of people with disabilities, deliver their voices to society and define state

SouthGobi Seeks Financing to Avoid Default on CIC Debentures (2)

SouthGobi Resources Ltd. (SGQ), a coal miner in Mongolia, is seeking additional financing to avoid a default on $250 million in debt, hurt by low prices and weaker-than-expected demand from Chinese buyers. Shares fell.Based on forecasts for 2014, SouthGobi won’t

Mongolia and South Korea promote mutual understanding

Ulaanbaatar hosted the first consultative meeting between the Foreign Ministries of Mongolia and the Republic Korea on March 25th. Mongolian representatives at the meeting were chaired by the Director of the Department of Policy Planning and Research from the Foreign

University State Taekwondo Championships will be held

The University State Championships of Mongolia will be held in 10 sports this year including Judo, Handball, Volleyball and Chess.The first ever University Taekwondo Championships in Mongolia will be held at the Cultural Palace of Mongolian Trade Unions between March

IMAX To Open First Theaters In Mongolia

IMAX Corp and New Tour Safaris have struck an agreement to build the first IMAX theaters in Mongolia.The first two theaters will be installed in new Urgoo Cinemas complexes being constructed in Mongolian capital Ulan Bator.The deal means that IMAX

Earthquake felt in Govi-Altai

On Tuesday March 25th a minor earthquake shook southwest Mongolia 40 km away from Tonkhil sum in Govi-Altai aimag early in the morning. The 3.5 magnitude earthquake occurred at latitude 46.13, longitude 93.47 according to the Research Center for Astronomy

SouthGobi (T.SGQ) warns of debt default, stock down 27%

SouthGobi Resources Ltd. (TSX: T.SGQ, Stock Forum) a Canadian coal miner with operations in Mongolia, said it could default on a debt repayment and was looking to raise money, according to a Reuters report, sending its shares down as much

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