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АВСТРАЛИЙН БИРЖ5-р
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Mongolia, the commodity-rich nation that posted the world’s fastest economic
growth in 2011, is on course to pass a law by June that will bar foreign
state-owned companies from controlling its key assets.

The draft law, submitted to parliament two years ago,

Mongolia will further improve its investment environment of
the energy sector and encourage private enterprises to invest in this field,
Energy Minister D. Zorigt said Tuesday.

Speaking at an international conference titled “Mongolian Power
2012,” the minister said the Mongolian government will make greater
efforts

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