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

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

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.

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

In early September members of the Committee for Reform movement in the Mongolian People`s Party (MPP) have recently demanded the resignation of the Prime Minister over the uncertainty surrounding the biggest deposits of Oyu Tolgoi and Tavantolgoi, the deterioration of

Members of the Standing Committees on the Economy and Environment and on Food and Agriculture discussed and agreed to establish a task force to study the law on the Prohibition of Mineral Prospecting Exploration in water basin areas and forest

Yesterday a Mongolian athlete won the bronze medal during the first day of the 2013 FILA Wrestling World Championships in Budapest Hungary on September 16th. For the first day of the scheduled men`s 55 kg, 66 kg and 96 kg

Prime Minister N.Altankhuyag has finished his official visit to Japan that continued over September 11th to September 14th. During the visit the bilateral relations between Mongolia and Japan were developed into a strategic partnership. The two countries determined the next-five

The World Economic Forum (WEF), a Geneva based non-profit international organization released its annual Global Competitiveness Report for 2013-2014. The Global Competitiveness Report assesses the economic competitiveness of 148 countries across the world considering 12 pillars of competitiveness on infrastructure

The trade deficit has fallen to 1.5 billion according to the National Statistical Office of Mongolia. As estimated, total export turnovers reached 6.9 billion US dollars in the first 8 months but fell to 7.6 percent compared to the same