On
the occasion of the 40th Anniversary of the diplomatic relationship between Mongolia
and Japan, the Japanese Art Association “Nikon Seico” and the art gallery “Tsagaandarium”
are organizing an exhibition with Japanese artists from May 31st to June 10th
at Tsagaandarium in Zaisan.  

The
exhibition

Mongolian Resource Corporation has attributed a doubling in
the company’s share price over the space of two weeks to two recent investor
presentations in Mongolia.

Shares in Mongolian Resource closed at A$0.14 on Wednesday May 23, up from a
closing price of A$0.07 on

The 2nd Coaltrans Mongolia
conference, started in Ulaanbaatar yesterday. The conference is aimed to share
information on developing coal mining.

270 delegates attended the conference.

“Coaltrans conferences organized 30
years. Many investors interested on Mongolian coal sector. Therefore the
conference organized in Ulaanbaatar second times. Mongolia

The spring session of Parliament announced a recess
yesterday, on May 23, 2012.

D.Demberel, the Speaker noticed in his speech that due to upcoming
parliamentary election the parliament have to take a recess. “I would like to say
some words on contribution of the

Today, two Mongolian major political parties-the DP (Democratic
Party) and the MPP (Mongolian People’s Party) holding a governing body
conference, an aimed to  announce
parliamentary election’s candidates. Both party have to announce 48 candidates by
majoritarian method and 28 candidates by proportional method.

The

The court hearing of ex-president
N.Enkhbayar’s case postponed till June 4. The court hearing started at 10 am in
Sukhbaatar District court. N.Enkhbayar’s lawyers Mr. O.Baasankhuu and Mrs.
B.Oyunchimeg came to the court but ex-president N.Enkhbayar didn’t appreared.

According to the press officer
MPRP, headed

Resource Development Corp., is
pleased to announce it has entered into a definitive agreement (“Asset
Sale Agreement”), through its wholly owned subsidiary, ERD Aggregate
Corp., to sell its real estate and associated royalty interest in the Granite
Hill property (the “Sparta Quarry”) for US$3.35

Mongolia, the land of Genghis Khan
and nomadic herders, is in the midst of a remarkable transition. Rich in coal,
gold and copper, this country of fewer than 3 million people in Central Asia is
riding a mineral boom that is expected to

Macquarie is the latest investment
bank to unearth a rich seam of potential fees in Mongolia’s resources sector
after securing a lead role in the proposed initial public offering of one of
the country’s biggest iron ore producers.

Macquarie and Bank of
America-Merrill Lynch have

The Moody is downgraded the ratings of four
banks of Mongolia to B1 from Ba3. There are Golomt Bank, Khan Bank, Trade and
Development Bank of Mongolia, and XacBank.