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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Mongolian Airlines MIAT plans IPO

Mongolian Airlines, MIAT, is planning to go public and has hired a multinational investment firm to help with the process. After MIAT has had the company evaluated, the board will decide whether to list its 49 percent shares on the

Mongolian wrestlers rank in the top 15 of the FILA world rankings

The International Federation of Associated Wrestling Styles (FILA) have announced the latest freestyle wrestling world rankings for 2013. This time 15 Mongolian wrestlers, including 8 female and 7 male wrestlers, have been ranked in the top 15 of the FILA

Mongolia Export Income Falls 2.6% in 2013 as Coal Sales Slump

Mongolia’s export income slipped 2.6 percent last year amid a decline in shipments of coal, the nation’s biggest earner.Earnings were $4.27 billion in 2013, compared with $4.38 billion a year earlier, the National Statistics Office said on its website. Coal

Centerra beats 2013 guidance, lowers outlook for 2014

Centerra Gold said its Kumtor and Boroo mines produced a total of 690,720 oz of gold in 2013. The Kumtor mine in the Kyrgyz Republic produced the lion”s share – 600,402 oz – and the Boroo mine in Mongolia contributed

Attempt to smuggle gold busted

Police thwarted an attempt to smuggle 4-5 kg of gold through the Zamyn-Uud border point in Dornogovi province last Friday on January 10th. Police are currently conducting an investigation into the incident. More details about the case will be released

Mongolian rock band Khurd goes on world tour

Popular Mongolian rock band Khurd are to head out on their world tour to metropolitan cities starting in Korea. The rock band celebrated its 20 years anniversary last year with thousands of fans in Mongolia. During the 20th anniversary the

Mongolia sees Oyu Tolgoi deal this month

Wrangling over a $6 billion-plus underground expansion of Oyu Tolgoi, Rio Tinto’s (LON:RIO) massive copper-gold mine in Mongolia, could be resolved by the end of the month.Local  reports say Erdenes Oyu Tolgoi director Da.Ganbold, representing the Mongolian government’s 34% stake

Harumafuji misses Hatsu Basho tournament

The January Hatsu Basho 2014, the New Year Grand Sumo Tournament, began on Sunday January 12th. Unfortunately, Yokozuna Harumafuji is having to skip the January Hatsu Basho tournament due to his left ankle and heel injuries. The 29 year-old Yokozuna

MIAT Mongolian Airlines to Start Frankfurt Operation from late-March 2014

According to MIAT Mongolian Airlines and Airlineroute.Net, the Mongolian carrier from 30MAR14 is introducing Ulan Baatar – Frankfurt service, initially operating 2 weekly flights.OM137 ULN1035 – 1320FRA 763 x125OM138 FRA1425 – 0455+1ULN 763 36OM138 FRA1430 – 0500+1ULN 763 47Service increases

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