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Ex Governor of Orkhon province on trial

Ex-Governor of Orkhon province, D.Ouynbat`s case will be reviewed on judges meeting at State Supreme Court today. D.Oyunbat is accused of abusing his authority during the years as Governor of Otkhon province. However, primary court and appellate court sentenced  D.Ouynbat 

FAO, Mongolia sign cooperation agreements

The UN food agency on Thursday signed five cooperation memorandums with Mongolia as the country aims to become a wheat and livestock production base in the Asia-Pacific region.Jose Graziano da Silva, director-general of the UN Food and Agriculture Organization (FAO),

Manas Petroleum updates on Mongolia

Manas Petroleum (“Manas”) (TSX-V: MNP; OTCBB: MNAP) announces that its subsidiary Gobi Energy Partners LLC, has completed drilling at the Ger Chuluu D1 well. Drilling was stopped after reaching 600 meters without any hydrocarbon shows. After logging the well was

Choi story tells of an Indonesian return on November 9

Manchester-based Mongolian Warrior Choi Tseveenpurev (36-5) will fight Indonesian Daud Yordan (29-2) in Singapore on November 9.Yordan”s IBO featherweight strap is on the line, which he picked up against Lorenzo Villanueva in May.According to Choi”s promoter Spencer Fearon, the winner

National Beverage Producers Slapped with Fines

Today the Authority for Fair Competition and Consumer Protection (AFCCP) strongly criticized several national vodka and beverage producers and fined them for illegal action regarding their advertising practices. O.Magnai, the chief of the AFCCP, urged the beverage companies, which violated

Debate on OyuTolgoi Investment Agreement Will be Held

Dozens of MPs collected signatures in order to have the OyuTolgoi Investment Agreement changed. Some 26 parliament members presented the petition to the Prime Minister.  The petition stated:“The OyuTolgoi Investment Agreement only enables foreigners access to Mongolia’s wealth, but, it

Petro China DaqingTamsag Fined 1.3 Billion MNT

The State Supreme Court discussed Petro China Daqing TamsagLLC`s case today and decided to uphold the primary court’s ruling.  The primary court previously ruled that the company caused great loss and damage to the natural environment of the Tamsag area

Over 40 Detectives Demoted

The newly appointed chief to the State InvestigationDepartment,Colonel Ts.Batsukh, met with detectives who work at the primary unit of the department. During the meeting, detectives complained about poor working conditions in the primary and countryside units.  Several detectives also claimed

Newera Resources intercepts thick coal in Mongolia

Newera Resources (ASX: NRU) has intersected two main, shallow coal seams totalling 26 metres in length at its Shanagan East Project in Mongolia.The coal in this particular drill hole has a field interpreted brightness of C1 to C3, with C1

Parliament discusses monetary policy

Parliament discusses proposed
revisions to the 2013 general budget during a session today.
N.Zoljargal, the president of Mongol bank introduced the proposed
revisions. Mongol bank maintains to keep economic growth, reduce loan
rate and keep inflation rate above eight percent

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