Prophecy Coal Corp. has arranged a
$10 million secured debt facility (the “Loan”) with Waterton Global
Value, L.P. (“Waterton Global”). The funds will be used to complete
the purchase of the Tugalgatai, Mongolia coal licenses on which a large coal
resource is known to

Australian investors will soon have a new play on Mongolia’s resources boom,
but it won’t be the usual suspects like copper and coal.

ASX-listed minerals explorer Strzelecki Metals plans to acquire unlisted
Wolf Petroleum, which has rights to explore vast tracts of the

National Consulting Committee /NCC/ of Democratic Party held a meeting today at
State Palace. As a political party who took a majority seats in the parliament
the Democratic Party will lead process of formation of new government.

Newly established Democratic Party group

Become lost in the Gobi Desert, and
you will see what sort of people Mongolians are, says Dave Tsubouchi, a former
provincial cabinet minister who this week was made Mongolia”s first consul
general for Ontario.

A former Markham MPP who grew up in
the

The Mongolian NOC, in close collaboration with the Mongol
Post Co. Ltd, has unveiled the stamps issued for the Games in London. Held at
Olympic House, the ceremony was attended by NOC Vice-President Ts. Damdin, G.
Chinzorig, Director General of the Mongol Post

During a visit to Ulan Bator, Foreign Minister Urmas Paet announced that
Estonia will for the first time appoint an ambassador to Mongolia, residing in
Beijing, as well as an honorary consul.

The Estonian and Mongolian foreign ministers met in Mongolian capital on
Tuesday.

“In

Habitat
for Humanity volunteers are still wiping the
dust from their hands after the July 2-7 Blue Sky Build project, which brought
20 new homes to families in Mongolia. 

“We are most thankful for the passion of our volunteers and the
commitment of our sponsors in making the

Singapore-listed Asia Pacific Breweries (APB) is making a
further push into Mongolia.

Under a deal announced on Wednesday, APB is buying a majority stake in vodka
maker Mongolian Beverages for S$27.7 million.

Under the deal, Mongolian Beverages will engage in the production, marketing,
sales and

A group of Mongolian officials specially tasked by their government to look
into the Altantuya Shaariibuu murder will arrive in Malaysia in August.

“They have confirmed coming. It is only the date that not been fixed
because Mongolia just had their elections and

The two-day Naadam festival featured 512 wrestlers and new
avarga-champion won. P.Burentugs, 25 years old, wrestler originals from Uvs
province won wrestlers competition and got a titul Lion.