Mongolia is expected to appoint banks by next week to manage an IPO worth up to USD5 billion for the world”s largest untapped coking coal deposit, sources with knowledge of the matter have told Reuters. More than 150 bankers from

D.Tuvshinsaikhan, composer and conductor of the Morin Khuur Ensemble, will conduct a performance of Ergetsuulel at the State Philharmonic Concert Hall on February 19. Gegeen Khangai Club is the sponsor and Apple production the organizer of the event.The four-part production

Families of the 397 policemen injured during the incidents on July 1, 2008 have demanded that the Government bear all their medical treatment costs. They spoke through an NGO, Union of Police Officers’ Families, with its head, J.Altangerel, attending a

The Government has released MNT370 million to repair the power plant of Uvs aimag, which has not been functioning since radiators and transmission lines were frozen two weeks ago. It also wanted a study to be made of the possibility

According to a survey by the Mineral Resources Authority, Mongolia has
two million tons of lead reserve at present. Most of it is in Khartolgoi
deposit in Umnugobi aimag, Mungun-Undur deposit in Khentii aimag, Ulaan
and Tsav deposits in Dornod

Hunnu Coal has announced an initial Coal Resource to JORC Code reporting standards for the Tsant Uul Coking Coal Project, “ideally and strategically located for the development of a coal mine”, being within 40 km of the giant Tavan Tolgoi

B.Nyamtaishir, Chairman of the Policy Committee and President of Mongolyn Alt Company or MAK, feels success in mining depends on “sticking to environmentally sound mining techniques, right from the exploration stage”, choice of the best and most apt equipment, regardless

State-run Steel Authority of India Ltd SAIL is in talks to set up a 3 million-ton steel plant in Mongolia with an investment of at least USD300 million. “Besides the bid for Tavan Tolgoi, we are also simultaneously interacting with

In a city where average winter temperatures hover at a punishing minus 20 degrees Celsius (minus 4 Fahrenheit), the stove is the only source of heat for many families, says an AFP report. As her seven children scamper in and

The Standing Committee on the Economy yesterday reported that it held 23 meetings during the Autumn session and working groups it set up to do preparatory work met on   50 occasions. Most of the committee’s work was taken up by