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

The United Nations (UN) tribunal has ruled in favour of uranium explorer
Khan Resources in a $200-million arbitration case against the government of
Mongolia, the TSX-listed company said on Thursday.

The UN Commission on International Trade Law ruled on matters of
jurisdiction and has

Today, the Speaker of parliament Z.Enkhbold met with
U.Enkhtuvshin, MP and chairman of MPP and Ts.Nyamdorj, MP, Minister of Justice
and exchanged their views on problem faces to the new parliament. As informed
before MPP members didn’t attend the first session of the

When I was invited as a U.S. representative to the Asian Development Bank to
speak at the 1991 opening of the Mongolian Stock Exchange, I expected a
frontier adventure, as the country had just broken free from Russia to form a
fledgling democracy.

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