News.MN - The source of news

Sunday

2019/01/20

Dollar (USD)

2533.95

Ulaanbaatar

+19°C

Mongolian herders to work on big US sheep farms

A year ago, the US Department of Homeland Security (DHS) updated the list of countries eligible to participate in the H2A and H2B non-immigrant visa programs which includes Mongolia. The H2 visa gives foreign citizens the chance to officially work

Energy tariffs increase for domestic consumers only in June

The Energy Regulation Department has agreed to postpone the raise in domestic electricity tariffs until June 1, following a demand by the Mongolian Labor Union for a review of the data. However, commercial customers will have to pay at the

PM explains new social welfare policy

Prime Minister S.Batbold has clarified the thrust of the proposed reforms in the social welfare program. Last year, MNT71 billion was distributed to 1.3 million people, about 45,900 people were helped find jobs and 18,900 people were enrolled in professional

Entree Gold releases highlights of activities in 2009

The exploration and corporate highlights of Entrée Gold Inc. in 2009 include signing of the long-awaited Oyu Tolgoi Investment Agreement between the Mongolian Government and Entrée’s joint venture partner, Ivanhoe Mines Ltd. and largest shareholder, Rio Tinto; the  conversion of

SouthGobi hopes to increase coal production 600%

SouthGobi Energy Resources, 79 percent-owned by Ivanhoe Mines, aims to boost its coal production in the Gobi desert by more than sixfold to 8 million metric tons by 2012, CEO Alexander Molyneux has said at a media briefing at the

Tuvshinbat wins gold and best boxer award in Karachi

B. Tuvshinbat of Mongolia was given $2,500 as the best boxer at the Shaheed Benazir Bhutto International Boxing tournament which concluded in Karachi last week. The tournament ended with China claiming four gold, one silver and two bronze medals to

Ivanhoe raises speculation as it seeks new options

Colorful dealmaker Robert Friedland is seeking new options for his current venture, Ivanhoe Mines, as it starts building a massive copper-gold mine near Mongolia”s border with resource-hungry China. The company, which has partnered with mining giant Rio Tinto in Mongolia,

Copper rises to new highs

Copper rose to new multi-month highs on Wednesday, as bullish market sentiment was reinforced by upbeat US new factory orders data, aided by concerns over harsh cold weather in parts of China. Shanghai copper thus staged 10 consecutive days of

SouthGobi sells Indonesian project to concentrate on Mongolia

SouthGobi Energy Resources has sold a coal project in Indonesia to concentrate on its property in Mongolia. “The sale will enable SouthGobi management to further focus on our Mongolian operations and projects,” a company statement said.

Canadian company and Monnis to work jointly in gold exploration

Jinshan Gold Mines Inc. has entered into a memorandum of understanding with Monnis International Inc. to jointly explore and develop gold projects in Mongolia.
Since its establishment in 1998 as an official distributor of Nissan Motor Co. in Mongolia, Monnis

Gulfside Minerals completes Onjuul Phase 1 drilling

Gulfside Minerals Ltd., which owns the Onjuul coal project, has reported the successful completion of Phase 1 of its drilling program there. Ten holes have been completed in this phase, and 10 or more holes are planned to be completed

HeartHeartHahaHahaLoveLoveWowWowYayYaySadSadPoopPoopAngryAngry