Ulaanbaatar administration held a meeting today to discuss inspections of petrol station sby officials of the Professional Inspection Agency. Officials of Professional Inspection Agency conducted the inspections of 51 petrol stations run by 8 companies in Ulaanbaatar city. The inspections

Mongolian Mining Corporation : Resignation of non-executive directorsThe board (the “Board”) of directors (the “Directors”) of Mongolian Mining Corporation (the “Company”) announces that Mr. Philip Hubert ter Woort (“Mr. ter Woort”) and Mr. Gantumur Lingov (“Mr. Lingov”) have resigned from

Parliament discussed issues regarding the 2013 draft budget at a meeting today.  During the discussion,MP N.Nomtoibayarsaid “it has been said that the target copper price per ton would be 8,152 US dollar and I think we should reevaluate this price

ErdenesTavanTolgoi CEO, B. Enebish made the decision to resign. B. Enebish, who was responsible for the state owned company that manages the most promising untapped deposit in the world, Tavantolgoi, explained that his reason for resigning is personal. He had

Ch.Unurbayar, Legal policy advisor to President Ts.Elbegdorj, answered our journalist`s questions. -May I ask you some questions?-Sure.-Some local media reports say that the President has pardoned some capital punishments.  Can you clarify?-Mongolia cemented the idea of respecting human rights, freedom,

More than 800 delegates from all across Mongolia would discuss women’s roles in social reforms and ways to promote their employment over the next few days as the country’s third women’s conference opened here Thursday.Prime Minister Norov Altanhuyag told the

The head of the state-owned company charged with developing Mongolia”s long-delayed Tavan Tolgoi coal project in the South Gobi region resigned on Thursday, raising hopes that a new CEO may hasten the launch of the massive mine.Enebish Baasangombo, chief executive

The Standing Committee on Economy in parliament held an open forum to discuss operations at “Erdenes MGL”,LLC and “Erdenes OyuTolgoi”,LLC. During the discussion Ya.Dolgorjav, executive director of “Erdenes MGL” LLC, D.Batbaatar, director of “Erdenes OyuTolgoi”LLC, and vice director G.Temuulen were

The EBRD is continuing to support the diversification of the Mongolian economy with a US$ 4 million senior loan and US$ 2 million mezzanine loan, one of the first in the country, to support the leading electronic retailer BSB Service.The

The Ministry for Education had a 1.5 million US dollar international education quality evaluation for general education schools last year. Unfortunately, the results of the evaluation, which spent almost half of the budget for the Ministry, show that the Mongolian