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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Centerra Gold Inc jumped 16.7 percent to C$11.95

Centerra
Gold Inc jumped 16.7 percent to C$11.95 after the miner said it had received
permits to restart operations at a project in Mongolia, reported the Reuters.

Centerra is a Canadian-based gold mining and exploration
company engaged in the operation, exploration, development and acquisition

Social indicators by August 2012

  In the first 8 months of 2012, 49217 mothers
delivered 49439 children (live births) increased by 3076 mothers, and 3092
children or 6.7 percent respectively, compared to same period of the previous
year.   In the first 8 months of 2012, at

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

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