On July
17, Ivanhoe Mines observed the 10th anniversary of the company”s first major
mineral discovery at Oyutolgoi with a tribute to the 14,000 workers who now are
building the mining complex. Chief Executive Officer and founder, Robert
Friedland, said, “Oyutolgoi already is one

The Government has asked related organizations to make arrangements for
bringing in petroleum from South Korea on a regular basis. The most likely import
route would be through Tianjin, or Dalian or Tanishin in China. Ministers for
Road, Transportation and Urban Development Kh.

Some leading members of the MPRP, such as B. Tuya, D. Altanshagai, S.
Molor-Erdene, Yu. Atar and D. Urnukhbayar, have resigned their membership of the
newly registered party. They said they plan to establish a new party in
September that will be truer

P. Bolortuya (52 kg) won three bouts to end up with a bronze medal in
judo wrestling at the world championship of the visually challenged in the USA.
Her coach is Ch. Bazarsuren. Bolortuya had earlier won a bronze medal at the

The Financial Regulatory Authority yesterday decided to merge Grand
Insurance LLC into Ard Insurance LLC and cancelled the special license for
common insurance held by Grand. It also appointed new directors of some
insurance companies. They include G.Mongolkhuu at National Life Insurance, G.
Alimaa

Officials of the Mongol Bank yesterday announced that the Bank’s
President, L. Purevdorj, has asked every commercial bank to have a minimum
equity base of MNT16 billion, or double the present figure. The order was
issued before Naadam and has to be implemented

In a break with tradition, several Standing Committees have not reported
on their work during the Spring session even though Parliament went into recess
10 days ago. Parliament Office records show the committee on Social Policy,
Education and Science would do this in

Ulaanbaatar Railway Chairman T. Ochirkhuu has said the Government
meeting yesterday decided on several changes in the administrative structure
the company. A number of positions are likely to be given new responsibilities.
The Government also wants the company to concentrate on transportation of
freight

A charitable medical delegation led by Taiwanese specialists in cleft
lip and palate repair will leave for Mongolia August 21 to treat patients there
who have the condition.

The Taipei-based Noordhoff Craniofacial Foundation has been working to
arrange the trip since it first visited

The new MPP headquarters is
likely to be inaugurated in September. It was planned to be opened in 2010 but
work is still continuing. The building, to be called The Palace of
Independence, is coming up on the same site as the party’s