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Government sign Strategic Oil Shale Development Agreement

Genie Energy said April 19th  that its subsidiary, Genie Oil Shale Mongolia, LLC and the Petroleum Authority of Mongolia (PAM) have entered into an exclusive oil shale development agreement to explore and evaluate the commercial potential of oil shale resources

Democratic Party will release Presidential candidate’s name in May

The DP caucus Chairman in Parliament, D.Erdenebat, announced that the DP candidate`s name for the Presidential Election would be released after the National Consultative Committee of the Democratic Party. The Committee will meet and discuss the name of the candidate

Erdenes Tavantolgoi resumes coal export

State owned Erdenes Tavantolgoi LLC has resumed coal export to China after a three month stand-off on April 22nd.  The company suspended coal deliveries to China last January amid a cash crunch after failing to pay its logistic company, Altangobi,

Experts discuss prospects for coal cooperation

A four-day seminar which ended here Sunday explored the prospects for closer cooperation between Mongolia and China in the coal industry.The China-Mongolian Coal Cooperation Seminar, jointly run by the School of Foreign Service of National University of Mongolia and the

Mongolian mountaineer hoists flag at North Pole

Mongolian mountaineer Gotovdorj Usukhbayar who left for an Arctic voyage on April 6th has reached the North Pole at 90 degrees N latitude. He travelled over the Arctic Ocean and raised the Mongolian State flag at around 20.30pm Mongolian local

Amendment made to Foreign Investment law

The plenary session meeting of Parliament passed an amendment on the Foreign Investment in the Business Entities Operating in Sectors of Strategic Importance law with 74.5 percent approval on April 19th. The Standing Committee on Economy held the final discussion

Internal migration halted for elections

According to the resolution on the date announcement of the Presidential Election, set by the State Great Khural, the Presidential Election period has officially been announced from today. Therefore, from today citizens` internal migration from one administrative unit to another

Foreign ambassadors present credentials to the President

Editor`s note: This news story includes a rectification A news story published on April 09th wrongly attributed a quote to the Ambassador of the Republic of the Philippines, Mrs Erlinda Basilio. The quote was made by the President of Mongolia,

Rio Tinto accused of environmental and human rights breaches

Protesters from around the world attacked mining company Rio Tinto for a string for alleged environmental and human rights breaches during a fiery meeting with shareholders in London on Thursday.Native Mongolian herders claimed that a $5bn (£3.3bn) expansion of the

Erdenet Mining Corporation holds Board Meeting

The Mongolian-Russian Erdenet Mining Corporation started a Board session on Thursday April 18th to discuss several issues. During the Board meeting Erdenet Mining Corporation made a decision to appoint the current acting director Ts.Davaatseren as the Director General of Erdenet

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