General
Mining Corporation has secured a joint venture agreement covering a highly
prospective copper project adjoining its existing licences on the Khangai Fault
in the northwest of Mongolia.

The Khangai Fault is a prominent fault which lies within the much larger
Mongol-Okhotsk suture zone

The 2012 International Women”s Leadership Forum held in Ulaanbaatar on July
8-9, 2012, to develop a common understanding on the importance of women”s
participation in political and economic spheres.

Over 100 women leaders from governments, private businesses, academia, civic
organizations and other fields attended

At a time when listing on a European
stock exchange is almost as hard as winning the lottery for an Asian company,
the National Lottery of Mongolia was pleased with the Boerse Berlin approval to
list its owner and operator — Monvest Group

On July 9, President Tsakhia Elbegdorj received U.S.
Secretary of State Hillary Clinton at the Government House in Ulaanbaatar.
During their productive meeting prior to Secretary Clinton”s prepared remarks
to an international conference, President Elbegdorj stressed his belief that
mutually beneficial economic opportunities will

Today held a first meeting of newly elected Ulaanbaatar City
Representative Assembly. 41 from 45 delegates attended a meeting. Delegates
voted for D.Battulga for head of Ulaanbaatar City Representative Assembly.
D.Battulga served as head of Presidential Office of Mongolia and on June 28
elected

N.Altankhuyag, leader of Mongolian Democratic Party,
D.Erdenebat, general secretary of Democratic Party held a press conference and
announced Democratic Party will form new government with Justice coalition. The
Mongolian People’s Revolutionary Party (leaded by ex-president N.Enkhbayar) and
the Mongolian National Democratic Party (leaded by

On
July 14, a very special Chevrolet Aveo departs from Goodwood motor circuit on a
no-backup, no support, no-set-route Mongol Rally adventure of more than 9,000
miles, to raise money for childrens’ charities.

The Aveo’s FIRST Mongol Rally Team will take a 1.2L Aveo
small

The highest Hamba of the
Gandantegchilen monastery D.Choijamts; and a State Honored Sportsman and
Olympic champion E.Badar-Uugan have been selected as honored guests to watch an
opening ceremony of the London 2012 Olympic Games and some event together with
the President of Mongolia Tsakhia

On July 4, President Elbegdorj received the Ambassador
Extraordinary and Plenipotentiary of the Republic of Turkey to Mongolia Ahmet
Asim Arar on occasion of the end of his term of diplomatic mission in Mongolia.

The President Elbegdorj awarded the Ambassador Ahmet Asim Arar

Mongolia’s coal resources have
thrust the world’s least densely populated country into the midst of
geopolitical diplomacy.

Dealing with the current coking coal
market downturn is just one concern for Mongolia’s national coal mining
company, Mongolian Mining (MMC) (HKEX:0975). MMC’s stock value has
dropped
25 percent this year