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Russia may revise fuel prices

The Deputy Minister for Mining and officials of related state agencies have been in Russia on a mission to question the fuel import prices that are changing every month.These officials met officials in charge of the Ministry of Energy of

New director appointed to Erdenet JVC

Ts.Davaatseren was appointed as Director of Erdenet copper production JVC on Thursday. The new director has great experience of management after working at state owned companies as a mining expert. The financial activity of Erdenet copper production JVC has been

Female detective team to be formed

The Minister for Justice, Kh.Temuujin, has urged senior police officers to focus on preventing specific types of crimes and violence.The Minister noted “though the Ulaanbaatar City Administration and Traffic Police are taking measures on public transportation in order to reduce

Ministry for Mining proposed to halt coal diggers

The Ministry for Mining submitted a draft proposal to the Government on Thursday requiring hand digging miners to stop in Nalaikh coal mine.A study showed that a total of 198 coal miners died at the coal mine in the past

Money laundering suspect could reveal 20 politicians

The money laundering case related to the former directors of MIAT, Mongolian airlines has sparked debate. Suspects in the case are accused of illegally taking large amounts of money from passengers under the pretense of a War Risk Insurance fee

Importer companies increase fuel reserves

Since the reformist Government formed it has carried out sub-programs aiming to stabilize the fuel retail price, grant lower interest rate loans and to protect currency rate risk. The sub-programs are designated to prevent import fuel shortages and fuel price

New ambassadors appointed

The appointment of new ambassadors was discussed and solved at the plenary session of parliament on Thursday. Parliament accepted the proposal to appoint the named ambassadors submitted by President Elbegdorj. Before the appointments were made, D.Terbsihdagav, the Deputy Prime Minister

Chinese top legislator received Prime Minister

On the second day of an official visit in Mongolia, Chinese top legislator Wu Bangguo received Prime Minister  N.Altankhuyag on Thursday. Prime Minister N.Altankhuyag stated “I am glad to see you chairman of the Standing Committee of the National People’s

Rio Tinto says Mongolian mine project is on track

Rio Tinto Plc said its Oyu Tolgoi project in Mongolia is on track to reach commercial production in the first half of 2013, countering a media report saying the company was considering a temporary halt to construction work because of

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