History was made last week when a grunge rock quartet performed in Ulaanbaatar.

Still, they were China’s first band to ever play in Mongolia’s main public
square during this auspicious festival.

What might seem like a few small steps for the globalization

Z.Enkhbold, Speaker of the parliament hold yesterday a
several meeting officials of MongolBank, General Audit Authority and General
Prosecutor Authority. Z.Enkhbold received today B.Khurts, Vice chairman of
Anti-Corruption Agency (ACA).

Mr. B.Khurts congratulated Z.Enkhbold as elected a Speaker.

Z.Enkhbold asked details of implementation of Law

The Children’s Preforming Arts Festival in East Asia will be
held from August 21 to 26 in Ulaanbaatar on the occasion of the 50th anniversary
of Mongolia’s becoming a member of the United Nations Educational, Scientific
and Cultural Organisation (UNESCO).

This will be the

Khan Resources Inc. is pleased to
announce that the Tribunal hearing the Company”s $200 million international
arbitration action against the Government of Mongolia has ruled entirely in
Khan”s favour on matters of jurisdiction and has dismissed all of Mongolia”s
objections to the continuance of

The private Mongolian carrier Mongolian
Airlines launched services from Ulaanbaatar
(ULN) to Tokyo Haneda (HND), making the Japanese capital its
second international destination following the launch of Hong Kong services
just over a month ago. Thrice-weekly services are now offered on the
3,000-kilometre route, and

Mongolian President Tsakhia Elbegdorj said Monday that his
country will make more efforts to develop the tourism industry.

Elbegdorj made the remarks at a meeting with visiting Secretary-General Taleb
Rifai of the World Tourism Organization of the United Nations.

Elbegdorj said Mongolia has rich

The government meeting of July 25 did two appointments. Tsagaan
Nanzaddorj appointed for new chairman of State Property committee. Tsagaan
Nanzaddorj has worked as head of Privatization Department of State Property
committee.

J.Ganbat appointed as chairman of Board of Directors of
Development Bank of Mongolia.

Plenum of Mongolian People’s Party
ended yesterday after two days session. Two days plenum renewed party leader
and governing board. As informed before U.Enkhtuvshin will lead the party
instead of S.Batbold. U.Enkhtivshin elected by majority vote of plenum
delegates.

Yesterday’s session elected also new
general secretary.

SouthGobi Resources Mongolian subsidiary SouthGobi Sands has
launched an investment dispute against the Mongolian government, citing the
Mineral Resources Authority failed to execute its pre-mining agreements
covering the Zag Suuj and Soumber coal deposits.

SGS says it has exhausted all other possible means to

Altan Rio Minerals Limited, TSX.V: AMO (“Altan
Rio” or the “Company”) announces today that the earn-in for 90%
ownership in one of the Onon epithermal gold project (“Onon”)
tenements in northeastern Mongolia, as referred to in the Company”s July 10th,
2012 announcement, is now