Prophecy Coal Corp. is pleased to
announce that it has entered into a binding Sale and Purchase Agreement (the
“Agreement”) to acquire assets relating to certain Tugalgatai coal
exploration licenses from Tethys Mining LLC (“Tethys”), and subject
to approval from the Minerals Resource Authority

The fossil of a dinosaur that roamed
the earth 70 million years ago should be turned over to the United States by an
auction house so that it can be returned to its home in Mongolia, a lawsuit
brought by the U.S. government

Mongolian folk group “Altan urag” to participate to the
regional international music festival to be held in Krasnoyarsk, Russia, from
June 25 to July 4. The “Alta urag” will perform together with Vanessa Mei, internationally
known British violinist.

Artists from Russia, Mongolia, Singapore,

Construction workers in
Undurkhaan, center of Khentii province in north of Mongolia found large bones
of unknown animals on June 14. Workers informed officials of State Inspection and
local museum of Khentii.

Group of experts and scientists
from Ministry of Education, Science and Culture and

The consultative meeting between Ministry of Foreign Affairs
of Mongolia and Brazil held in Brazilia on June 15, 2012.

The Mongolian delegation headed by B.Odonjil, Director of
Department of America, Middle East and Africa, included T.Zalaa-Uul, Ambassador
of Mongolia to Brazil, D.Ganbold, Advisor of

Ex-President N.Enkhbayar requested to the Sukhbaatar
District court to hire a new lawyer. He wants to hire Mrs. N.Sarangerel as his
new lawyer and refused from Mrs. B.Oyunbileg.

“We give a time to the new lawyer to study N.Enkhbayar’s
dossier. Therefore court hearing scheduled

Mining has concealed tourism and cause the economic growth of Mongolia.
Indraa Bold, director of the Mongolian National Tourism Organisation (MNTO)
said that mining took the place of agriculture as Mongolia’s tourism’s
competitors.

13.4 per cent of Mongolia’s GDP was accounted for tourism last

In the first 5 months of 2012, 29914
mothers delivered 30064 children (live births) increased by 2277 mothers or 8.2
percent, and 2275 children or 8.2 percent, compared to same period of the
previous year. In the first 5 months of 2012, at

Some Democratic Party MPs (Z.Enkhbold, L.Bold, S.Erdene,
D.Gankhuyag, R.Amarjargal and G.Bayarsaikhan) announced today that initiated a
draft on Special Tax law.

The draft law aimed to set special tax on coal export and
collected tax money will be finance for Ulaanbaatar city infrastructure and
reduce

The National Park opened the door on Sunday, in Bayanzurkh
District of Ulaanbaatar. The Ulaanbaatar City administration took a decision to
built the National Park in Ulaanbaatar in 2009.

Since 2009 planted 90 thousand trees in 55 ha and installed arrogation
system.
The National