On Friday 13 members, ministers from Democratic Party was
approved by the parliament. Another five ministers, four from Justice coalition
and one from Civil Will-Green Party probably will elected early this week.

But MPP members didn’t attend the Friday’s plenary session.
MPP members

This month
Mongolia and the United States will hold an experts-level meeting on
Cooperation in the Field of Peaceful Uses of Nuclear Energy.  This meeting
will take place in Ulaanbaatar August 22-23, 2012.  This is the second
experts-level meeting held under the auspices of

President of Mongolia Tsakhia
Elbegdorj issued a degree on athletes benefit. The degree aimed to encourage Mongolian
athletes effort for olympism, to ensure social stability for athletes. According
to the degree athlete who got Olympic medal will receive monthly bonus. Olympic
gold medalist will

Plenary session of parliament
yesterday approved a Law on Government Structure suggested by the Prime
Minister Norov Altankhuyag. Draft law said the new government will have 16
ministry and 19 ministries including Prime Minister. Previous government has 11
ministry. Norov Altankhuyag expanding number of

“Invest Mongolia-2012” Frontier’s 6th annual
conference will held on September 3-5, 2012 in Ulaanbaatar, Mongolia.
Ulaanbaatar”s premier capital raising conference, with over fifty experts
speaking on the latest developments on the Mongolian investment scene. With our
550 attendees last year, and the same expected

It is expected that the state-owned Aluminium Corp of China Ltd, or Chalco,
will drop its takeover bid for Mongolia’s coal-producer SouthGobi Resources Ltd
due to fierce resistance from the Mongolian government.

In April of this year, Chalco offered $926 million for a

Turquoise Hill Resources Ltd building a Mongolian copper mine with Rio Tinto
Group, paid $19.4 million to cancel cost-sharing deals with companies linked to
former Chief Executive Officer Robert Friedland.

“These arrangements were on a cost-recovery basis and included aircraft
rental and administration

Mongolia”s biggest export is coal
but the world”s fastest growing economy is starting to harness its vast
renewable energy potential with its first wind farm set to come online
later this year.

The 50 megawatt (MW) wind farm,
located 45 miles from the capital city of Ulan

Over the last decade, Mongols have
rapidly begun to concentrate here in its capital, as well as other cities.

This trend is accelerating and
making Ulan Bator an unbearably crowded place, though still relatively small in
comparison with most of China”s major cities. Nevertheless,

Nova Mining Corp. (OTCBB: NVMN) announced today that they
are working out logistics for using rail between Mongolia and Shenzhen, China
as a desired means for transporting lithium. The Company is currently pursuing
a Definitive Agreement with Mongolian National Mining Consultants Limited
(MNMC) for