Mongolia will seek to resolve an impasse with mining group Rio Tinto (Xetra: 855018 – news) over the $6 billion Oyu Tolgoi copper and gold project during a parlimentary session starting next month, a senior government official said on Thursday.The

Rio Tinto has reportedly understood to have just two weeks left before three quarters of the banks committed to funding its Mongolian Oyu Tolgoi project expansion hit expiry dates.Fairfax Media believes 15 of Rio’s nearly 20 lenders, including Australia’s export

On day 11 of Haru basho, the Spring Grand Sumo Tournament Yokozuna Hakuho and Yokozuna Harumafuji each lead the tournament with 11 wins. Yokozuna Hakuho overcame sekiwake Goeido and Yokozuna Harumafuji beat Ozeki Kisenosato on that day. Kakuryu Anand, newly

Mongolia’s central bank said it intends to extend a bilateral local currency-swap line with the People’s Bank of China for three years and double its size to 20 billion yuan.“This will clearly increase confidence in the foreign-exchange market and strengthen

Indian model and actress, Parvathy Omanakuttan, who was crowned Miss India 2008 and later became first place runner-up at Miss World 2008, arrived in Mongolia to raise her voice against gender based violence and discrimination. Since she participated in Miss

The “Day of Happiness” is being observed today with the theme of “Let`s live a happy life in Mongolia”. In 2012, the United Nations (UN) declared March 20th to be observed as the International Day of Happiness.Marking this global celebration,

The second consultative meeting between the Foreign Ministries of Mongolia and the Republic of Cuba was held in Ulaanbaatar on March 17th. At the meeting the Mongolian side was chaired by Deputy Foreign Minister D.Gankhuyag whilst Cuban representatives were headed

Mongolia`s Cultural Days, a series of events designed to promote the rich heritage of Mongolian culture, traditional customs, the uniqueness of nomadic culture, in order to increase the tourist number to Mongolia was launched in Hong Kong on Tuesday. The

2014 marks the 65th anniversary of diplomatic relations between Mongolia and China at the same time as the 20th anniversary of the Treaty on Friendly Relations and Cooperation between Mongolia and China. Therefore 2014 has been announced as the China-Mongolia

President of Russian oil giant, Rosneft Oil Company and Chairman of the Management Board, Igor Sechin, had a three-hour stay in Mongolia on March 17th. Igor Sechin was believed to come to Mongolia to make further moves into Mongolia`s oil