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Winter festivals in Mongolia in February

With the weather set to be stable next month, we’ve compiled information on local, national, and international festivals you can visit over the weekend in Mongolia.

Mongolia seeks Australian mining help

The Mongolian Prime Minister wants
Australia to be a “”third neighbor”” that can help develop his country”s
massive resource deposits and balance its strategic and economic vulnerability
to China. S.Batbold, formerly a successful businessman, will make new overtures
to Prime Minister Julia Gillard and

B.Khurts to be transferred to Germany

British Court of Westminster of Great
Britain has decided to transfer B.Khurts, Chief of Administration at the
National Security Council of Mongolia, at the final trial of primary court on
February 18 along request of Germany.

After reading court decision, the judge Mr.
Pardey

Singapore-Mongolia economic ties growing steadily

Economic ties between Singapore and Mongolia are growing, said Prime Minister Lee Hsien Loong as he met his Mongolian counterpart who is in Singapore on an official visit. Noting  that with huge mineral reserves of coal, copper, gold and uranium,

New national policy on disaster management under study

The cabinet discussed on Wednesday the draft of a resolution on a new state policy and program on protection from disasters that will be submitted to Parliament for approval. Proper disaster prevention and management suffers as the country does not

Government to fix royalty rates every month

The Government has decided that the royalty for mineral resources to be paid by owners of special licenses will henceforth be determined on the basis of the monthly price announced at the website of the Ministry of Mineral Resources and

Japan ready to invest in mining, infrastructure

K. Ando told Senior Presidential Advisor P.Tsagaan on Wednesday of Japan’s readiness to invest in the mining and infrastructure sectors of Mongolia. He is chief of the Natural Resources and Fuel Department of the Agency for Natural Resources and Energy

Investment management firm launches MongoliaCentral Asia equity indexes

Silk Road Management, a Mongolia and Central Asia-focused investment management firm, recently launched the Silk Road Composite Index (SRCI) and the Silk Road Central Asia (SRCA) Index, debut benchmarks that include local and international listed companies with assets and operations

China’s Foreign Minister comes next week

Chinese Foreign Minister Yang Jiechi will pay an official visit to Mongolia on February 24-25, according to the Foreign Ministry. Yang Jiechi’s previous visit to Mongolia was in 2007, the year he became foreign minister in April.

Minerals export revenue likely to exceed estimate

There is every reason to feel optimistic that the Government will earn considerably more than the estimated MNT600 billion from export of mineral resources in 2011. The General Budget was prepared on the basis that the global price of gold

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