A delegation
from a Mongolian mine training centre will tour Xstrata”s Rolleston mine as
part of a fact-finding mission on how Queensland trains its mining industry
workers.

The visit by the 12-member contingent follows the signing of an agreement
between the Institute and Millennium Challenge

Centerra Gold Inc. announced today (on
May 16, 2012) its first quarterly dividend. The Board of Directors has
authorized a dividend of Cdn$0.04 per common share (approximately US$9.4
million at the current exchange rate). The dividend of Cdn$0.04 per common
share is payable on

The “Future Mongolia” exhibition-fair opened today, on May
16, at Buyant-Ukhaa complex near the UB city.
The exhibition aimed to determine the Mongolian producers” position in domestic
market, and the Mongolia-Germany cooperation in foreign commerce and trade,
especially in machine and techniques sphere.
Around 100

The Kerling Association of Mongolia has entered to the World
Kerling Association (WKA) as 49th member. Decision was taken during
the World Kerling Association Congress in Bazel, Switzerland.

S.Natsagdorj, head of Kerling Association of Mongolia have
met with World Kerling Association leaders and agreed

The Research and Markets has
announced the addition of IE Market Research Corp.”s new report “4Q11 Mongolia
Mobile Operator Forecast, 2012 – 2015: Mongolia to have 3.1 million mobile
subscriber connections in 2015 with Unitel taking 23% market share” to
their offering.

Global Mobile

The international forum “Mongolian Power-2012” started
yesterday, on May 15, at the Chingis khan hotel, in Ulaanbaatar.

The
forum aimed to introduce Mongolian energy sector policy, to involve local and
foreign investors to the energy sector and wide cooperation. Mongolia this year
celebrating 90th anniversary

In the first 4 months of 2012, 23895 mothers delivered 24014
children (live births) increased by 2361 mothers or 11.0 percent, and 2333
children or 10.8 percent, compared to same period of the previous year.

In the first 4 months of 2012,

The Organizing committee of Naadam, headed by Deputy Premier
M.Enkhbold, held a first meeting yesterday, on May 15, 2012.

During the last year’s Naadam, national holiday of Mongolia,
celebrated many anniversaries. This year’s is parliamentary election year. The
election should not effect to Naadam

Mongolia’s leadership faced growing
international pressure over its treatment of a detained former president before
a local court on Monday sanctioned his release.

U.S. Sen. Dianne Feinstein (D.-Calif.) said
on the Senate floor on Monday she had been in contact over the weekend with
U.S.

SouthGobi Resources Ltd,
a coal miner with operations in Mongolia, reported a first-quarter profit on
Monday, as its sales nearly doubled and its average selling price rose.

The Toronto-listed miner said its coal mines
in Mongolia were still operating despite a recent government announcement