The Foreign Ministry will carry out an organizational overhaul next
Wednesday to strengthen its ability to distribute information about the country
abroad, Foreign Minister Koichiro Gemba said Friday.

The ministry will integrate the department that handles news and information
supplied to the media with

Cougar Energy is considering a potential divestment of
non-strategic tenements in Australia to focus on its underground coal
gasification strategy in Asia.

The company is continuing negotiations with local partners in China, Mongolia
and Indonesia to gain access to coal leases identified to have

His Excellency, The President of
Mongolia, Elbegdorj Tsakhia, today (July 30, 2012) opened trading on London
Stock Exchange in a Market Open Ceremony. He was welcomed by Xavier Rolet, CEO
of London Stock Exchange Group (LSEG).

The Market Open Ceremony was held to
mark the

Mongolian athletes started Olympic games
in London unsuccessfully. Main favourite Khashbaatar Tsagaanbaatar, men’s judo 66
kg has defeated to Colin Oates in second round. In first round Tsagaanbaatar
beat Tu Kai Wen from Chinese Taipei.

Tsagaanbaatar, 28, has an Olympic
medal, having won bronze in

Since today political party groups in the parliament started
their regular session. Right now DP and Justice coalition established their
groups. By the law after nomination of Speaker political parties who has a seats
should submit their proposal to the Speaker within the

The London 2012 Olympics Games are
under way, a symbol of peace and brotherhood among nations. President Elbegdorj
travelled to London to support Mongolian athletes. During the event Mr.
President met with the leaders of countries and exchanged their opinion.

Before the start

Mongolia, of which this ramshackle city is the capital,
is on the cusp of cashing in on the planet”s richest untapped store of copper,
gold, other precious minerals, and coal. There could be enough underground wealth
in the steppe to make every nomadic

Ivanhoe Mines on Friday announced
the closing of its recent rights offering, which expired on July 19, 2012, and
confirmed the offering generated US$1.8 billion in gross proceeds, which will
be used to advance the construction and development of the Oyu Tolgoi Project.

Nearly 9 tons of metal from Rio Tinto”s Kennecott mine in Utah and its Oyu Tolgoi mine in Mongolia were used for the 2012
Olympic gold, silver and bronze medals.

The 2012 Olympic Games medals are the heaviest and largest in
history, the

Prophecy
Coal Corp. (TSE:PCY) Friday announced the addition of some experienced team
members to the positions of directors and advisors, making clear its intent to
become a big coal energy provider in Mongolia.

As the company aggressively pursues measures to bring its 600 megawatt