The strategic rights offering by Ivanhoe Mines last month generated USD1.18 billion in gross proceeds to be used to advance development of the Oyu Tolgoi project. Upon the closing of the rights offering, the company issued a total of 84,867,671

Монгол хэмээх нэрийг дэлхийд гаргаж яваа зөндөө бахархмаар Монголчууд буй. Харамсалтай нь дийлэнх нь Монголд бус тухайн гадаадын улс оронд ажиллаж амьдардаг тухай бид олонтоо сонин хэвлэлээс уншиж байгаа. Эдгээр нөхдүүдийн гадаад улсуудад үүсгэн бий болгосон энэхүү биет бус хөрөнгийг

The State Commission for Census and Apartment Counting today discussed the data collected. The population on November 19, 2010 was 2 million 650 thousand and 673 from 714, 784 households. This does not include those who registered through the Internet,

The price of consumer goods increased by 3% in January over December, 2010 and by 13.8% over January, 2010. The prices of food, beverage and water increased by 6.3%; of alcohol and cigarettes by 1.8%; of clothes and shoes by

According to National Statistics Office data, industrial  production in 2010 was MNT1,874 billion, MNT169 billion more than in 2009. Increased mining production influenced the rise. Coal output increased 91.8%, oil and nature gas 16.7% and other mineral resources 19.5%.

The Government has decided to submit the draft law on energy to Parliament for further discussion. The draft calls for amendments to provisions governing relations between special licenses owner and consumers, rights and obligations of the state administrative organizations, electricity

Petroleum prices are increasing in the international market because of fears the Suez Canal could be closed due to the disorder in Egypt. In anticipation, the Government has accepted suggestions from the Ministry of Mineral Resources and Energy and the

The Embassy of Japan, the Japanese Language Teachers’ Federation and the Mongolia-Japan Center will jointly hold a contest for Mongolians on speaking in Japanese. Anyone between 18 and 54 can compete, except for those who have lived in Japan for

The Government has approved a plan to implement the national strategy to support the development of the private sector. Capital resources would be included in local budgets. The national strategy calls upon the state to establish a favorable environment for

The Government meeting yesterday decided to go ahead with building a power plant in the Mogoin Gol coal mine area in Telmen soum of Zavkhan aimag to supply electricity to Zavkhan and Gobi-Altai aimags. Work on the first phase of