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Rio Tinto gets extension from banks for Mongolia mine

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,

MPP caucus demands resignation of two cabinet ministers

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.

A rare exhibition of dinosaurs displayed in Tokyo

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

Better Urban Planning for Ulaanbaatar through ADB, Japan Grant

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.

Foreign currency based payments no longer allowed

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 forms joint venture company for copper exploration in Mongolia

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

Pan Asian Music Festival: Music from Mongolia

The Stanford Pan-Asian Music Festival celebrates its tenth anniversary season with a series of concerts and cultural events featuring unique and talented artists from Tibet, Mongolia, and around the world February 1st – March 2nd, 2014.Inaugurated in the 2004 –

Polish scientist awarded Polar Star Award of Mongolia

To honor polish scientist, ethnographer and professor, Slavoj Shinkevich Ph.D was awarded the High State Award at a ceremony held at the Embassy of Mongolia in Warsaw Poland on December 9th, 2013. The award ceremony was attended by the Chairman

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