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Auditing team finalizes inspection of Oyu Tolgoi

The Mongolian Government appointed working group has completed auditing the costs incurred during the phase one development of the Oyu Tolgoi project. Some initial conclusions are already emerging. The head of the working group, Minister for Mining D.Gankhuyag has finalized

Turquoise Hill Announces Resignation of Director Jean-Sebastien Jacques

Turquoise Hill Resources  announced Tuesday that the company”s Board of Directors has accepted the resignation of director Jean-Sebastien Jacques. Mr. Jacques is resigning from the Turquoise Hill board in order to fully concentrate on his many responsibilities as Chief Executive,

Feasibility study for Tavan Tolgoi Power Station approved

A feasibility study for the Tavan Tolgoi Power Station mega project has been approved after it was discussed at a meeting of the Science and Technology Board at the Ministry of Energy of Mongolia. The Tavan Tolgoi Power Station mega

President to leave for UN General Assembly

The President of Mongolia, Ts.Elbegdorj, is to leave for high-level meetings of the 68th Session of the UN General Assembly that will be held in New York, USA on September 23rd. President Elbegdorj plans to have several meetings including a

Atlas of Desertification released for Mongolian territory

According to a recent study 77.8 percent of the total territory of Mongolia is in danger of desertification to various degrees. Climatic variations are expected to contribute 40 percent of desertification and the environmental impact of human activities are likely

Petro Matad signs up Khet for seismic work

Petro Matad has hired a Mongolian geophysical contractor to carry out a 200 kilometer 2D seismic program on Blocks IV and V.The work is planned to start on October 1 and is expected to take around six weeks to finish.The

The world’s best draughts players gather in Ulaanbaatar

In a few days the World Women`s Draughts Championships 2013 will begin in Ulaanbaatar, Mongolia. Ulaanbaatar will host the World Women`s Draughts Championships 2013 between October 1st and 10th. The 16 world leading draughts players who qualified from the World

Foreign Affairs Minister receives Russian Ambassador

The Minister for Foreign Affairs of Mongolia L.Bold received the Ambassador of Russia to Mongolia, B.B. Samoilenko for his retirement from the position on Tuesday September 17th. At the meeting the Minister for Foreign Affairs L.Bold highly appraised Ambassador B.B.

Respect paid to the Statue of Yumjaa Tsedenbal

For the anniversary of the birth of prominent political figure, Yumjaa Tsedenbal, respect was paid to his statue on Tuesday 17th.Members and supporters of the Mongolian People`s Party (MPP) annually show respect to the statue of Yumjaa Tsedenbal placing flowers

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