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Tavantolgoi shares likely before Naadam

Our reporter talks to State Property Committee Chief D.Sugar on issues relating to Tavantolgoi shares.     When will citizens receive their shares?    I think the shares would be distributed before Naadam. Two things have to be done before that. First,

PM has ambitious plans on uranium

Prime Minister S. Batbold has said that Mongolia plans to commence uranium exploration by 2012. “With nearly one million tons of reasonably assured reserve of uranium, we need to speed up production to make uranium the most ambitious mining project

New judges appointed

The Judges’ Council, comprising Supreme Court judges and Judges General of aimags and Ulaanbaatar city, yesterday finalized new appointments to the General Council of Courts. B.Sarantuya was appointed Head of Criminal Cases Chamber of Ulaanbaatar city; P.Batsaikhan, the Judge General

Choice of bank for Tavantolgoi IPO likely by next week

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

Ergetsuulel to be performed on Saturday

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

Policemen injured on July 1 claim medical costs

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

Government releases funds to repair Uvs power plant

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

Mongolia has two million tons of lead

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

Nyamtaishir of MAK lists his rules of success

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

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