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Charity team rally in Mongolia

AN INTREPID charity rally team have overcome every obstacle in their way to
complete a 10,000-mile journey to Mongolia in six weeks.

Maria Robinson and Steve Crabtree from Bridport joined forces with David
Dignam and Tom Brain to form their team the

SouthGobi shares plunge as Chalco walks away

Shares of SouthGobi Resources Ltd fell more than 17 percent on Tuesday, a
day after China”s Chalco said it had dropped its $926 million takeover bid for
the Mongolia-focused Canadian coal miner in the face of political opposition.

The state-controlled Chinese aluminum giant
blamed

SouthGobi Resources Announces Changes to Board of Directors

SouthGobi Resources Ltd. today announced changes to
the company”s Board of Directors, including the resignation of three existing
directors and the appointment of five new directors effective September 3,
2012.

The Board accepted the resignation of directors
Edward Flood, the Honourable Robert Hanson and chairman

SouthGobi shares hit record low

Shares of the Canadian company,
SouthGobi, which is involved in mining in Mongolia, have fallen to a record low
here after the Aluminum Corporation of China, Chalco, dropped its plan to buy a
majority stake in the firm.

Chalco said it dropped its

Indonesian president to visit to Mongolia

Indonesian President Susilo Bambang Yudhoyono to visit to Mongolia
on September 5-7.

The
visit to Mongolia aims at boosting economic cooperation with the country.

During the state visit in Mongolia, President Yudhoyono was to hold a bilateral
meeting with Mongolian President Tsakhia Elbegdorj on Sept.

China encourages mining co-op with Mongolia

Chinese enterprises are encouraged to cooperate with their Mongolian
counterparts on the basis of Mongolian law and international norms, Foreign
Ministry spokesman Hong Lei announced Monday.

“China and Mongolia are friendly neighbors. We have had effective
cooperation in mining, an important area of the

New swimming pool opened in Bayanzurkh

New swimming pool opened in Bayanzurkh district of
Ulaanbaatar yesterday, on September 3, 2012. This is fourth swimming pool in
Ulaanbaatar, capital city. The Ulaanbaatar city administration planned to built
9 new swimming pool, one for each district.

According to the B.Batzorig, governor of

Smooth launch of the new trading system

Starting July 2, 2012, Mongolian Stock Exchange has
successfully migrated to the new trading, clearing, settlement and surveillance
platform, informed the Mongolian Stock Exchange.

As part of the transition, market participants and their
clients have stand to benefit from further advantages, including a receipt

B.Bilegt appointed as chairman of General Police Authority

The irregular cabinet meeting held yesterday, on September 3, 2012, and appointed
B.Bilegt as chairman of General Police Authority.

B.Bilegt born in 1960 in Khentii province. B.Bilegt one of
democratic activist in 1990. He served as chairman of National Television and
Radio, chairman

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