Mongolian economy growing and world leading companies and
financial organizations opening their branch in Ulaanbaatar, capital city of
Mongolia.

Recently Bank of China, submitted their request to the
Mongolbank on opening Representative Office in Mongolia. According to the
official from Mongolbank Mongolians studying request

National Statistical Office (NSO) jointly
with Switzerland Development Agency started to count private miners.

In 2000 mining sector has only 13
percent in Mongolian economy, now this figure reach one fourth. But many people
exploring minerals individually, which Mongolians called ninja. “Companied who
engaged in

The
“Avian and Human Influenza Control, Preparedness and Response Project” (Sept.
2008 – Nov. 2011) strengthened the capacity of Mongolia’s emergency
departments, public health system and veterinary services to detect and respond
to potential outbreaks of infectious diseases such as an avian and human
pandemic

Nova Mining Corp. 
announced that the Company has just received a letter of recognition and
support of its unique mining methods from the Mongolian Institute for
Geopolitical Studies. The letter was signed by Doctor Choinkhor Jalbuu, who is
the Chairman of the Institute”s Academic

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

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 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

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 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.

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