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Ivanhoe Mines starts trading as Turquoise Hill

The company formerly known as Ivanhoe Mines
Ltd has started trading on the Toronto Stock Exchange under its new name and
ticker symbol: Turquoise Hill Resources Ltd.

The name change, approved by shareholders last month, was part of a deal
earlier this year that

More mortgage for families of average income

According to the Mongolbank citizen’s savings is estimated MNT
3.4 trillion by second quarter of this year. Most of families, 715 thousand
families has average MNT 2.5 million (US$2000) savings while 27 thousand
families has savings up to MNT 54 million.

The Mongolbank figures

Norov Altankhuyag appointed as 27th Premier

The new parliament yesterday held plenary session first time
with full attendance. MPP’s members agreed to attend plenary session. The
session scheduled to discuss proposal of nomination of Prime Minister.

The coalition of Democratic Party, Mongolian People’s
Revolutionary Party, Mongolian National Democratic  Party and

City Mayor appointed two Deputies

Ulaanbaatar city Mayor Erdene Bat-Uul appointed his deputies.
N.Bataa, director of “Shim” company appointed as Deputy charge for Financial
and Economic Affairs. Another Deputy to the Mayor Yo.Gerelchuluun will work as
Head of State administration unit in the City Administration.

The Mayor directed to

Coal to Drop as Steel Output Slows in BHP Setback: Commodities

Coal used to make steel is set to drop to the lowest price in two years,
eroding earnings at BHP Billiton Ltd. (BHP) and Rio Tinto Group (RIO), as European demand wanes and China shifts supply
contracts to Mongolia
from Australia.

The contract price

Battsetseg won a bronze in women’s wrestling

Soronzonbold
Battsetseg won a bronze medal yesterday in women”s 63kg freestyle wrestling
over Dugrenier Martine from Canada.

Soronzonbold
Battsetseg is a first female wrestler who got an Olympic medal.

S.Battsetseg’s
results:

1/8 finals:    Datty Ngonga Tara Agoue Sylvia (Central
African Republic)

                      Soronzonbold
Battsetseg (Mongolia) 0-5

Quarterfinals:  Soronzonbold Battsetseg (Mongolia)

From construction worker to shamanic healer

Batgerel Batmunkh, a shaman, kisses
his niece Munkhsoyol while “possessed by the white spirit” during a shamanic
healing ritual in their ger on the outskirts of Ulan Bator, Mongolia, in a
photo taken on July 4, 2012 and made available to NBC News

Munkh-Erdene beat British boxer Thomas Stalker

Mongolian boxer Munkh-Erdene Uranchimeg beat British boxer Thomas Stalker (23-22)
yesterday in men’s light welter (64 kg).

In London-2012 Olympic Games website Munkh-Erdene Uranchimeg said “My soul
is full of emotion. I have been in the Olympics three times now – Athens,
Beijing and

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