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Harumafuji moves closer to yokozuna on Day 11

Mongolia”s Harumafuji moved one step closer to a promotion to yokozuna on
Sept. 19 with a win that keeps him undefeated and in sole possession of the
lead with just four days left in the Autumn Grand Sumo Tournament in Tokyo.

Harumafuji, the

EFIS Air Flies Bovine Cargo to Mongolia

Châteauroux-Déols airport in France seemed like a farmyard when 180 breeding
cows arrived at the airport for a flight to Mongolia.

France”s EFIS Air chartered a Boeing 747 freighter for the 9,000-kilometer
flight to Ulan Bator. The shipment consisted of 150 limousin

Centerra Gold receives approval for two Mongolian projects

Toronto-listed Centerra Gold on Wednesday said it had received regulatory
approval for its mine plan to restart using the heap leach facility at its
Boroo mine, in Mongolia.

The miner said it expected to resume the heap leach operation when it had
been recommissioned

Election of local representatives khural will held on November 21

Election of local representatives khural (Ulaanbaatar city’s
district and soum of 21 province) will held on November 21, 2012. Irregular
session of the parliament which closed on last Friday approved the law.

During the discussion some MP’s expressed they warning on election
date. They

XacBank May Sell US Dollar Bond Hires Banks for Investor Meetings

Mongolia”s XacBank LLC is considering an issuance of U.S. dollar bonds and
has hired ANZ and Citigroup to arrange meetings with potential investors, a
person with knowledge of the deal said Wednesday.

The investor meetings are scheduled to take place in London and

Mongolia says mining review won’t target Oyu Tolgoi

Mongolia”s government said it plans to review all foreign mining
investments, but pledged not to single out a deal with Rio Tinto to develop the
huge Oyu Tolgoi copper-gold mine, in a move that could calm investor concerns
over growing resource nationalism.

Mining minister

Manas Petroleum announces spud of second well in Mongolia

Manas Petroleum
(“Manas”) (TSX-V: MNP; OTCBB: MNAP) announces that its subsidiary,
Gobi Energy Partners LLC., plans to spud its second well in Mongolia on September 20, 2012.

Although Gobi Energy had
originally planned to drill its first well – Ger Chuluu A1 – to

Mongolia paving the way to the future

One of the largest countries in the world and yet one of its most sparsely
populated, with only 1.9 inhabitants/km², Mongolia
is not entirely suited to the pursuit of the globe’s most popular game, due
mostly to its hilly terrain and extreme continental

Update on Erdenes Tavan Tolgoi

The Economics Standing Committee of the State Great Khural
(Parliament) held its meeting on September 17th, where it was discussed the
current running activity of the “Erdenes Tavan Tolaoi” state owned
company in the West and East Blocks of Tavan Tolgoi site in

Asian Seismological Commission meeting held in Mongolia

Scientists from nearly 120 countries are discussing the latest in
seismic research during the ninth General Assembly of the Asian Seismological
Commission.

Mongolian Deputy Prime Minister Dendev Terbishdagva said at the
meeting”s opening on Monday that the gathering held great significance for
Mongolia”s efforts to

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