Petro Matad is to review its exploration assets in Mongolia and assess a
technical path forward possibly through partnerships, it said today.

The company, which recently installed a new management team, added it plans
to revisit the data from last year’s troubled drilling

Aluminum Corp. of China Ltd.
(2600.HK) will get an extra month to make a more than $920 million offer to buy
a controlling stake in SouthGobi Resources Ltd. (1878.HK) from Ivanhoe Mines
Ltd., indicating the state-owned Chinese aluminum giant is still keen on
investing

A cultural and art festival entitled ” The Hopeful Grassland ” was
launched here by a Chinese publishing group on Monday, marking the debut of a
series of activities dedicated to popularizing Esperanto, reported Xinhua
agency.

Lu Cairong, deputy director of China International Publishing

Only 65 percent of Mongolian voters
turned out to the country”s most recent parliamentary election. Mongolians are disappointed
in the politics of their country, where the vast resources only benefit few.

The long-awaited Mongolian
parliamentary elections did not give either of the two

The Democratic Party call a press conference today.

The leader of Democratic Party of Mongolia N.Altankhuyag,
head of Democratic Party group in the parliament Ch.Saikhanbileg, general
secretary of Democratic Party D.Erdenebat and MP Z.Enkhbold attended the press
conference.

DP will join to coalition with part

Mongolia Energy Corp., a mineral and energy explorer, fell to the lowest
level in more than five years in Hong Kong after posting a record full-year net
loss.

The shares dropped as much as 15 percent to 35 Hong Kong cents and

Mongolia
President Tsakhia Elbegdorj set an end-of-year deadline to select companies to
develop part of its biggest coal field, seeking to resolve a year-long battle
for the resource between groups from five nations.

Peabody Energy Corp. (BTU) (BTU), OAO Russian Railways, and China’s

Mongolia is calling upon
China and Russia to re-direct a planned natural-gas pipeline across its
territory as the world’s fastest growing economy seeks to tap the cleaner-burning
fuel.

Altering the route to pass through Mongolia would save 1,000 kilometers (622
miles) of pipeline, Mongolian President

It is now impossible to imagine the
economy of Mongolia without Oyu Tolgoi. A number of changes have occurred since
the Oyu Tolgoi project began. It was Oyu Tolgoi that played a significant role
in the 17 per cent growth in the economy as

By the unofficial source the General Election Commission is
going to submit parliamentary and Ulaanbaatar City Representative’s election
results to the President of Mongolia on Wednesday. According the law results
should submit within the 15 days.

Some political parties who call new election before