The Board of the National University of Mongolia finally reached a decision to make structural changes to the university amid dispute on Monday December 16th, 2013. Due to the proposed changes to the structure of the first university in Mongolia,

Commodity trader Trafigura has agreed to provide financing for the massive Oyu Tolgoi mine in Mongolia in exchange for a long-term deal to buy an undisclosed portion of the output, it said on Monday.Rio Tinto , majority owner and operator

Belarus will open its embassy in Mongolia in 2014, reads Resolution No.1069 of the Council of Ministers of the Republic of Belarus dated 12 December 2013. The Embassy will be opened in accordance with paragraph 8 of the regulations on

Turquoise Hill Resources Ltd said on Monday that parent Rio Tinto had secured extended commitments from the banks that have agreed to finance the underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia.The extension, to March 31,

The Mongolian People`s Party (MPP) caucus submitted a demand to resign Finance Minister Ch.Ulaan and Minister of Economic Development N.Batbayar to parliament on Monday December 16th, 2013. All MPP caucus members voted unanimously Monday to demand two cabinet ministers` resignations.

National museum of nature and science in Tokyo Japan displays a rare exhibition entitled as Amazing Dinosaurs of the Gobi Desert.  The temporary exhibition offers visitors a look at the earliest prehistoric creatures, including dinosaur fossils discovered from the Mongolian

The Asian Development Bank (ADB), the Government of Japan, and the Government of Mongolia today signed a $1.5 million grant agreement that will help improve the performance of the state health insurance system in Mongolia.The grant, which is financed by

The Asian Development Bank (ADB) and the Government of Japan are working with the Municipality of Ulaanbaatar to improve its capacity to plan, implement and operate its urban master plan.“Urban planning in Ulaanbaatar needs to use modern, integrated, multisector approaches.

National and foreign entities holding
mining and exploration licenses in Mongolia have begun to pay an annual
rent to the Mineral Resource Authority of Mongolia. The Ministry
of Finance has prompted these entities and companies, who have mining
and exploration

Xanadu Mines (ASX: XAM) has established a joint venture company, Mongol Metals to execute Xanadu’s business and copper exploration strategies, and recognise the importance of Mongolian partners with aligned interests.The joint venture partner is Ganbayar Lkhagvasuren, director and substantial shareholder