Chinese State Councilor Dai Bingguo will pay visit to
Mongolia on August 22-25. His a first high level delegation after the
parliamentary election.

Mr. Dai Bingguo will met with the President Tsakhia Elbegdorj, the
Speaker Zandaakhuu Elbegdorj and the Prime Minister Norov Altankhuyag.

Toronto-listed Turquoise Hill Resources (THR) on Monday said it had
appointed Charles Lenegan and Jeffery Tygesen
to its board of directors.

The appointment of Tygesen, who currently serves as VP copper development at
majority shareholder Rio Tinto, strengthened Rio Tinto’s influence within the
company. Lenegan

Mongolian President Tsakhiagiin Elbegdorj said Tuesday that his
country attached great significance to the upcoming meeting of the Non-Aligned
Movement slated for August 26-31 in Tehran, Iran.

Elbegdorj made the remarks in a meeting in Mongolia”s capital
city of Ulaanbaatar with the visiting Iranian

Starting just over two decades ago, tens of thousands of citizens started
leaving Mongolia amid a wrenching economic transition from a planned-economy to
a free market. Now, with the Mongolian economy poised to boom, many émigrés are
wrestling with a dilemma – whether

Mongolia-focused coal miner SouthGobi Resources Ltd (SGQ.TO)
(1878.HK)
said on Tuesday that it expects China”s state-controlled Chalco (2600.HK)
to drop its $926 million takeover bid in the face of opposition from the
Mongolian government.

The proposed deal has the backing of
SouthGobi”s majority shareholder, Turquoise Hill

In the first 7 months of 2012, 2573 disasters and accidents
occurred. As a result, 143 people died, 7.9 thous.livestock and animals had
lost. There were 2235 structure fires, 155 forest fires and wildfires, 53
accidental drowning and submersion incidents, 27 animal madness

According
to the report of the Institute of Meteorology and Hydrology, maximum
precipitation was registered in Bayan-Ondor soum (274.6 mm) of Orkhon aimag in
July 2012. In July 2012, Shinejinst soum of Bayan-Khongor aimag had the highest
air temperature (39.0°C), while Tsetsen-Uul soum of

In the first 7 months of 2012, 11524.9 thous.t freight and 2344.7
thous.passengers (double counting) were carried by railway transport.Compared
to same period of the previous year, the number of carried freight rose by
1369.9 thous.t or 13.5 percent and the number of

In the first 7 months of 2012, the total industrial output increased by 97.1
bln.tog or 9.0 percent to 1181.9 bln.tog (at 2005 constant prices) compared to
same period of the previous year. The increase in the industrial output was mainly
due to

In the vast rolling plains of Salkhit, 45 miles outside the capital of Ulan
Bator, a work crew are busy bending large metal cables into an elaborate, squat
structure. Once complete, and with a turbine the length of a football field
inserted into