SouthGobi Resources Ltd. shares were taking a beating Tuesday morning after
the company said uncertainty over Mongolia’s mining laws is stalling work at
its flagship Ovoot Tolgoi Mine.

The miner said in a statement Tuesday that work at the mine would be
“entirely curtailed”

Mongolian 29 athletes in 7 categories qualified for Olympic
games in London. Also 6 athletes qualified for Paralympic games.

B.Ser-Od, maraphon sport will hold Mongolian national flag
in the opening ceremony in London. Mr. B.Ser-Od is a first athletes first
qualified for London two

Given Mongolia’s potential to become a future commodity powerhouse, it does
not seem strange that recent legislation that aims to cap foreign investment
and ownership was a cause for concern among the domestic and global business
community. The Strategic
Foreign Investment Law  aims to

The government of Mongolia take a historical decision to
distribute to every citizen a superior share of “Erdenes MGL”, state owned
company said the Premier S.Batbold after government meeting yesterday.

“Erdenes MGL” company was established in 2007, and owned
licenses of strategic mine deposits.

The
Government of Mongolia held an irregular meeting on Monday, on June 25 and
approved a master plan of Sainshand Industrial Complex.

The
government decided to establish state owned company “Sainshand” to manage
approved plan. To establish Sainshand Industrial Complex needed $9.3 billion. Required
money to

The
Cabinet meeting of June 25 discuss issue related to the new international
airport in Khoshigt Valley in Tuv province. Construction work of airport is
going on. The government planned to finish construction work by 2015.

The
new airport with capacity to serve 1

In resource-rich, landlocked Mongolia, nationalism has often meant a
wariness of its uncomfortably large neighbor to the south. Now, news that one
of Mongolia’s crown jewels — the copper-gold mining project known as Oyu Tolgoi
— employs more than a third of its

Mongolia’s economy grew 17.3 percent
last year thanks to a mining boom, and the government is set to distribute to
the public some $1 billion to share the wealth. So it’s easy to forget that,
Mongolia’s meteoric economy notwithstanding, 30 percent of the

The U.S. government seized a rare
dinosaur skeleton Friday in what observers for the Mongolian
government and a dinosaur expert called an important step toward
returning the skeleton to its home in Mongolia.

Wooden crates holding pieces of the Tyrannosaurus
bataar fossil were loaded onto

According to the Yo.Sagsai, Deputy of Metropolitan Prosecutor’s
Office court hearing of ex-president Nambar Enkhbayar’s case scheduled on July
18, 2012.

Nambar Enkhbayar was arrested on April 13 this year on charges
of corruption.

A scheduled court-hearing is forth. Previous hearings
postponed because of N.Enkhbayar’s health