The Mongolian government”s investment arm, Erdenes Oyu Tolgoi LLC, said Friday that the $4.2 billion financing package for the underground expansion of the massive Oyu Tolgoi copper and gold project is dependent on the completion of a feasibility study, due

The International Buryat National festival of Altargana-2014 has been scheduled to be held in Mongolia for July 25th. The Organizing committee of the Altargana-2014 festival are divided on where to hold the festival this year. Since 1994 when the first

The Mongolian Cycling Federation will hold a winter contest this year. The contest will start in Ikh Tengeriiin Am valley in the Bogd Khan National Park on February 15th, 2014.Organizers of the contests aim to promote cycling sports to the

Canada-based Turquoise Hill Resources Ltd (TRQ.T) said Thursday that an option to restart the underground development of the massive Mongolian Oyu Tolgoi gold and copper project has been proposed even as negotiations with the Mongolian government continue to resolve outstanding

On the sixth day of the Sochi 2014 Winter Olympic Games, Mongolian athlete Ch.Otgontsetseg took part in the cross-country skiing on Thursday February 13th. Ch.Otgontsetseg, cross country skier, competed in the women`s 10 km classic race  and completed the course

The “Higher Education of Engineering in Mongolia” project is to be carried out this year by sending Mongolian engineers to train in Japan. Recently, the Government of Japan officially approved Mongolia`s request for a lower interest loan of 7 billion

The Australian Securities and Investments Commission has officially registered the Australia-Mongolia Business Council that was formed on January 28th, 2014 with the intention to promote mutually beneficial cooperation on economy, trade and investment between Mongolia and Australia. The Australia-Mongolia Business

The State Ice Hockey Championships 2014 started today at 12:30 pm in Erdenet City. The competing teams lined up to participate in the State Championships are Khasiin Khulguud team from Otgon Od club, a hockey team from Baganuur, Khangarid team

The state owned enterprise, Erdenes MGL, has announced its decision to appoint S.Tselmeg as the Deputy Director of the Company. S.Tselmeg replaces former Deputy Director G.Temuulen who now has responsibilities as one of the three new board members of Oyu

The top diplomats of South Korea and Mongolia agreed Wednesday to broaden their cooperation in inducing change in North Korea, Seoul”s foreign ministry said.Mongolian Foreign Minister Luvsanvandan Bold also expressed his country”s support for Seoul”s push to build trustworthy ties