San Antonio-based Nova Mining Corp. announced last week
that it has received very encouraging due diligence documents, including
thirs-party lithium estimate reports and government license documents,
regarding the Bayankhongor mining property.

The Bayankhongor property is one of the three major
licensed lithium fields owned by

Financing to expand the $13 billion Oyu Tolgoi copper mine in Mongolia is
likely to be locked in by end of the year, said an executive with the mine’s
operator Rio Tinto.

Investment in Oyu Tolgoi helped drive growth in the central Asia

Australia-based, Mongolia focused coking coal explorer Aspire
Mining Limited has announced that it has signed a non-binding memorandum of
understanding with the Mongolian subsidiary of rail giant Russian Railways to
discuss extending the Trans-Mongolian Railway across northern Mongolia, to
include Aspire’s Ovoot coking coal

Esteemed athletes and trainers – masters of the great
sports, and owners of timeless achivements, which are the source of pride for
the Mongolian people!
Our athletes – finest ornament of free Mongolia, are ready to head for the
London 2012 Summer Olympics to

Ex-President Nambaryn Enkhbayar who released on bail over
corruption case travelling to countryside with his political party’s candidates
for parliamentary election on June 28. The Mongolian People’s Revolutionary
Party leading by N.Enkhbayar is running for the election with Mongolian
National Democratic Party, headed by

The
Tsagaandarium art gallery, in Zaisan Bella Vista Town, is welcoming to visit
the opening ceremony of Sandagdorj’s first solo exhibition “Expansion
33”, on July 1, 2012 at 3 pm.

“You
will enjoy the beauty and harmony of different flowers, which seems familiar
but yet unknown.

Experts proved that the skeleton
– 8 feet (2.4m) tall and 24 feet (7.3m) long Tyrannosaurus bataar is original
from Mongolia said P.Tsagaan, an Advisor for the President of Mongolia. He just
came back from U.S. The group of experts scientist, officials from

Rio Tinto, which is developing one
of the world’s largest mines in Mongolia, Thursda said the long-term outlook
for copper remains positive even though volatility in commodity prices is
likely to persist in the near term.

Demand for copper has “plenty of
growth potential”, Andrew

Mongolia is still open to foreign investments in the western block of the
giant Tavan Tolgoi coal mine and has not yet decided on whether to go alone on
development its prized asset, President Tsakhia Elbegdorj said to Reuter in an
interview on

Sojitz Corp, Japan’s third-biggest coal trader, aims to more than triple
Mongolian coal sales to China within three years as it seeks to handle 10
percent of the country’s growing sales of the mineral to the world’s top
consumer.

Sojitz, Japan’s sixth-biggest trading company,