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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

DP won in re-polling in Local Administrative Election

Re-polling ran on November 30th and December 1st due to lack of voter attendance in the Local Administrative Election. Today the Chairman of the Election General Committee, Ch.Sodnomtseren, made a statement during a press conference with media. The results of

Harsh weather brings fuel shortages in Sums

Due to harsh weather and the approaching cold front of winter roads and mountain passes are snowbound and cattle have been cut-off in the snow. Due to such uncertain weather conditions in snow hit Sums and Aimags, Prime Minister Norov

Voyager Resources restarts flagship Mongolian copper project

Voyager Resources (ASX:VOR) has restarted its Khul Morit copper project in Mongolia.The re-commencement of exploration at the project is buoyed by assay results that demonstrate the strongest indication yet of the Khul Morit project”s suitability to host a copper porphyry

Petro Matad chief Douglas McGay retires

Petro Matad (LON:MATD) announced that chief executive Douglas McGay is retiring with immediate effect on December 1. The company said that a new chief executive will be recruited once the exploration and work programmes have been finalised.In the meantime chief

Bogd Khan Mountain wolf seen in City

A wolf from Bogd Khan Mountain was seen in Khan-Uul district at around 01:00 pm on Sunday. The residents were frightened when they saw an un-invited guest invade the yard of Khatantuul town in Khan-Uul District. Horrified residents called police

SouthGobi Resources case in questioning stage

The Anti-Corruption Authority (ACA) has questioned authorities in the long run. It is shaping the hope amongst citizens that it is possible to fight against corruption. Currently the Anti-Corruption Authority transferred a few big controversial cases to the Prosecutor`s Office.

Awards presented to junior researchers and scientist

In accordance with the Mongolian president`s decree, Dr. Munkhtsetseg Luvsanjamba, a teacher of Chemistry at the chemical engineering school of National University, doctorate Minjin Tserenbaltav, academic for the History Institute at the Mongolian Academy of Sciences, Dr. Davaalham Dambadarjaa, principal

Mongolia enjoys a new mining wealth but at what cost?

Nalaikh, Mongolia—Holding his youngest daughter in his arms, Baasanbayar looks over the bleak landscape that has been his home for 12 years.In the foreground, slag heaps and dozens of rudimentary mine shafts are visible. In the distance, the long-abandoned buildings

Mongolia pays price for Russian fuel supply

An expected price increase of gasoline by Mongolian distributors presents new challenges for the coalition government and worries for the public and businesses. As informed by Mongolian fuel importers, Rosneft, the largest Russian oil company, has begun to charge extra

Mongolia attracts twice its GDP for debut bond

Mongolia successfully established a benchmark curve with its $1.5 billion debut bond early Thursday morning, after raking in an astounding $15 billion of orders.One banker joked that Mongolia has more yaks than people. It is not far from the truth.

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