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

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)

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

Nova Mining Corp. is pleased to announce that
the Company has received a third-party estimate of the commercially recoverable
lithium deposits located on the Bayankhongor mining property in excess of $12
Billion USD at current market prices.

The Bayankhongor property is one of three

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

Plenary session of the parliament yesterday elect  Ch.Ulaan as Deputy Speaker. Ch.Ulaan previously
member of Mongolian People’s Party, two months before the parliamentary election
moved to the Mongolian People’s Revolutionary Party, headed by ex-president
Nambar Enkhbayar.

Yesterday’s session also approved
Standing committees and their chairman.

Yesterday, representatives of new coalition of political
parties of Democratic Party, Mongolian People’s revolutionary Party, Mongolian
National Democratic Party and Civil Will-Green Party handed their suggestion of
new Premier to the President of Mongolia Tsakhia Elbegdorj for approval.

As informed before the coalition suggested

Tugstsogt Nyambayar, men’s fly weight (52 kg) category in semi-final.
Tugstsogt Nyambayar beat Yasurbek Latipov from Uzbekistan. Tugstsogt in semi-final
will see Russian world champion Misha Aloian.

Tugstsogt have had a victory over Misha Aloian in 2009 World
championship in Milan.

Semi-final match scheduled on

The financial intelligence units of the Sri Lanka Central
Bank signs Memorandums of Understanding with 4 countries. Accordingly, MoUs
have been signed with Russia, Saudi Arabia, USA and Mongolia. It will help the
Central Bank to work with the financial intelligence units of

Seoul National University (SNU) will
provide scholarships to 332 students from China, Mongolia, Vietnam and other
developing countries beginning from the fall semester, the school said Sunday.

The SNU Office of International
Affairs said that it will offer each student a 25 million won