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

Norov
Altankhuyag submitted his proposal of structure of new government to the Speaker
Z.Enkhbold today morning. Yesterday he discussed the proposal with the President
of Mongolia Tsakhia Elbegdorj.

Norov
Altankhuyag suggested structure of new government with 16 ministry and 19
ministries. The Prime Minister said first

In the first half of 2012, GDP by reached 6185.7
bln.tog at current prices increases 31.8 percent compared to the previous year.
  In the first half of 2012, GDP by reached 2429.2 bln.tog at 2005
constant prices increases of 13.2 percent compared

Approximately 80 Alaska National
Guardsmen are slated to participate in the U.S. Army Pacific exercise, Khaan
Quest 2012 (KQ12), a multinational training exercise held at the Mongolian
Armed Forces Peace Support Center near Ulaanbaatar, Mongolia, August 11-23,
2012.

Khaan Quest 2012 is a U.S. Army
Pacific

Mongolia’s treatment of the Chinese bid for coal-producer SouthGobi shows
that the state which birthed Genghis Khan has lost none of its warlike spirit.
Politicians seem determined to spike an offer from China’s state-owned
Aluminium Corp of China (Chalco), which also involves mega-miner