Poor prices and demand for its steel-making commodity means Erdenes Tavan Tolgoi will have to wait a year before trying to raise US$3 billionErdenes Tavan Tolgoi produces two million tonnes a year of coking coal from its mine but will

Ts.Oyungerel, Minister of Culture, Sport and Tourism gave more details about when the findings regarding the Tyrannosaurus Bataar case would arrive in Mongolia. -Has the attorney for the disputed Tyrannosaurus Bataar case collected enough evidence to prove that it was

Mongolia’s central bank governor said that the nation’s growth rate may slow by a third this year from a record 17 percent in 2011 as inflows of foreign investment cool.“It’s a reality check for us,” Naidansuren Zoljargal said in an

Inner Mongolia, an autonomous region of China has reached a decision to reply in 30 days to a foreigner`s application for a residence permit in the region.  The measure will come into action in the autonomous region from 20th October. 

The Mongolia Investment summit is being held in Hong Kong today.  Investors of giant International mining companies and a few representatives from Mongolian companies that plan IPO in order to make capital from the stock market are taking part in

Australian Foreign Minister Bob Carr says it may take some time to resolve the case of an Australian lawyer prevented from leaving Mongolia.Sarah Armstrong was stopped at Ulaanbaatar airport earlier in October because authorities wanted to question her about corruption

An expert on “Oyutolgoi ” LLC, S.Gantuya, has claimed that there is huge difference between Mongolian and foreign staff salaries.S.Gantuya claimed that “Currently over 700 Mongolians and 150 foreigners work in the Oyutolgoi office. Despite the fact that the qualifications

Reports say that agents of the Anti Corruption Authority illegally tried to question E.Erdenejamiyan, the Deputy Minister of Justice, on 29th October. Our journalist talked to him about what happened. E.Endenejamiyan:- “Agents of the Anti Corruption Authority tried to question

A joint consortium of “International Power GDF by Suez, Posco Energy, Sojitz Corporation and Newcom LLC” was selected as the preferred bidder for the Thermal Power Plant V project in Ulaanbaatar. The operational thermal power plant that will be built

AN Australian lawyer being detained in Mongolia may be caught up in a fight over returns from a Rio Tinto mining operation, the head of an Australian parliamentary delegation which visited the mine recently says.Tony Windsor told AAP on Monday