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Petro Matad still a ‘buy’, says Westhouse

Petro Matad (LON:MATD) is still a ‘buy’ according to Westhouse Securities, however, the City broker says a possible farm-out would be the only catalyst for the share this year.The Mongolia focussed explorer has gone back to the drawing board following

Voter registration portable finishes today

With just 6 days left until the election on June 26th the campaigning is underway and the fight is heating up.Portable ballot boxes to collect votes from voters who are unable to cast their ballots personally to the polling stations

Mongolia confronts smog with launch of first wind farm

Mongolia on Thursday opened its first wind farm, a landmark $122 million project that aims to shift the country”s reliance on coal and tackle the pollution choking its capital Ulan Bator.A total of 31 turbines have been erected at the

Testing of voting machines starts today

For the preparation of the Presidential Election of Mongolia the automatic voting machine has been tested and programmed individually. After the testing the voting machines were delivered to every electoral district with certifications on time as scheduled according to the

Rio Tinto delays Oyu Tolgoi copper exports

Rio Tinto said its plan to start exporting copper from the $6.2 billion Oyu Tolgoi mine on Friday has been delayed at the request of the Mongolian government, heightening investor concerns about the risks of mining in the country.Uncertainty over

President of the UN General Assembly to visit Mongolia

The President of the UN General Assembly for the 67th session Vuk Jeremić will visit Mongolia on June 21st. Previously the Secretary-General and executive directors have paid official visits to Mongolia but this is the first visit for the President

Surgeons celebrate 70th successful renal transplantation

The 70th kidney transplant surgery was successfully completed last week by the renal transplantation surgeon team at the State Central First Hospital.In this instance a medical officer volunteered to donate her kidney to her sister. A surgeon who took part

Big dreams became real

The Development Center of the Children with disabilities was built in Bayanhongor aimag by the Association of Parents with CWDs (APCD). The initial donation was given by a Norwegian tourist and supported by the Municipality of Bayanhongor province (aimag). It

Dilijan WGP R3: Batchimeg, Stefanova win

The second event of the FIDE Women”s Grand Prix cycle 2013-2014 is taking place from June 16th to 28th in Dilijan, Armenia. Twelve players, with the average elo of 2505, are competing in a round robin tournament. The event is

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