Prime Minister S.Batbold is touring Khentii aimag. He says he wants to assess local settlements and meet with citizens, because the Government has made it a goal to support low-income households in 2012.He paid a visit to the Professional Training

On Tuesday, the Standing Committee on Economics discussed President Ts.Elbegdorj’s proposal to ban the issuing of new mining exploration licenses. The committee approved further discussion of the proposal, and some members suggested that licenses already granted should be investigated.D.Baldan-Ochir said

There are reports that the Democratic Party will pull out of the coalition government, perhaps as soon as Tuesday. Our correspondent asked DP officials about the reports, and they confirmed that the party is considering the move. With the 2012

Canada’s Ontario Superior Court has scheduled for January 24 a hearing in a lawsuit filed by Khan Resources, a Canadian corporation involved in uranium exploration and development, against Russian uranium producer Atomredmetzoloto JSC (ARMZ), according to the Russian Legal Information

According to a survey by the website businessinsider.com, the Mongolian stock market was the second-best performing exchange in the world in 2011, finishing the year up a whopping 32.6 percent. Only the Venezuela Caracas Stock Exchange performed better, rising an

Mongolia’s Mongolyn Alt (MAK) Group has awarded the Danish company FLSmidth a contract worth approximately USD 105 million to supply equipment and services for one of MAK’s copper mines.FLSmidth says it will supply a 40,000-tons-per-day copper concentrator utilizing the company’s

Mongolia will be the world’s second-fastest growing economy this year, according to a forecast by the Economist Intelligence Unit (EIU).The EIU’s “World in 2012” report predicts Mongolia’s economy will grow by 14.8 percent in 2012, just behind Macau, which is

A delegation from a law school in the U.S. state of Texas recently completed a trip to Mongolia to talk about judicial reform. The four-person delegation from the Texas Wesleyan University School of Law met with Mongolian judicial officials and

Edmund Tseng, outgoing head of the Taipei Trade and Economic Representative office in Ulaanbaatar, recently spoke with our correspondent about relations between Taiwan and Mongolia.Q: How long have you been here in Mongolia?A: It has been more than three years.

In his monthly letter to shareholders, the head of the Canadian investment group Mongolia Growth Group (MGG) says Mongolia “seems remarkably unaffected by the debt crisis in Europe.”In the letter, MGG Chairman and CEO Harris Kupperman writes, “In drastic contrast