Representatives of 49 workers recently fired from South Gobi Sands LLC met with company officials Wednesday morning. The workers say they were fired without cause. On Tuesday they staged a protest and blocked a car carrying the head of the

Speaker D.Demberel received a delegation headed by S.Eda, a leader of the Japan-Mongolia friendship group in Japan’s House of Representatives, on Tuesday.Present at the meeting were MP Su.Batbold MP, the head of the Mongolia-Japan inter-parliamentary friendship group, and MPs Z.Altai,

The Standing Committee on Budget discussed proposed amendments to the Government’s treasury fund on Tuesday. Members approved further discussion.Parliament passed a law last spring granting university and institute students a monthly stipend of MNT 70,000 each while they are in

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