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Rio Tinto says expects copper output to rise from 2013

Diversified miner Rio Tinto said Tuesday it expects its copper output to start rising again in 2013 following three straight years of decline, thanks to improving ore grades and the start of its Mongolian mine.”Rio Tinto”s copper production is expected

Workers of PetroChina DaqingTamsag Plan to Strike

Workers of the100 percent Chinese invested PetroChina Daqing Tamsag LLC, which runs petroleum operations in Dornod aimag, are making a call to strike on October 10th in order to have wages increased and conditions improved.The Union of Mongolian Transportation, Refinery

President Ts. Elbegdorj met the Prime Minister of Norway

President Ts.Elbegdorj met with Jens Stoltenberg, the Prime Minister of Norway,during his official visit to the Kingdom of Norway. At the beginning of the meeting the President briefly introduced Mongolia’s economy and its social and political condition. The President was

Chinggis Khaan Airport Operating Normally Again

A local  reporter was informed of an incident between two passengers who landed at the ChinggisKhaan airport on the morning of October 9th.  The two men, who began fighting after a verbal argument, arebelieved to be employees of OyuTolgoi as

Ninety-six Officials Refuse to SubmitIncome Statement Documents

Over 46,000 public officials throughout the nation have been asked submit income statement documents to the Anti-Corruption Authortiy.  The majority of the officials have cooperated but 96 officials refuse to submit the requested documents.  Eighty of these officials are local

Two Coalitions and Five Parties will participate in the Local Election

The secretary of the General Election Committee, Ch.Sodnomtseren, who replaced N.Luvsanjav, the chairman of General Election Committee,took oath and accepted his position.  Our journalists were present to question the newly appointed Chairman of the General Election Committee about the upcoming

Six Teenagers Burnt in a Gas Explosion

Six teenagers were found burnt in an abandoned Khangai hotel building on 8th october.  A report says the teenagers, aged between14 and 20 were attempting to use gas as a narcotic. Two of the teenagers are in severe condition in

The Anti-Corruption Authority (ACA) Investigates the General Tax Office

The Anti-Corruption Authority (ACA) is investigatingJ.Batbayar, vice director of the General Tax Office on suspicion of corruption.  The General Tax office is also being investigated by the State Investigation Office for tax fraud.  An official related to the case informed

TEXT-S&P rates Mongolian Resources Corp. ’B-’ outlook stable

The rating on MRC reflects the company”s production and sales ramp-up risks, its high customer and mineral concentration, and high debt. MRC”s second-quartile cost position and positive demand prospects in the northwest Chinese iron ore market partly offset these limitations.

The future of Mongolian nomadic lifestyle under debate

Mongolian herders are facing multiple pressures on their livelihoods, traditionally based on nomadic pastoralism, from climate change, mining, desertification and new policies on land. At a meeting in Ulaanbaatar in September 2012, organised by researchers from the University of Leicester,

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