Japan is making a concerted effort to
strengthen its relationship with Mongolia, one of the world”s richest stores of
minerals. However, China and other leading resource developers are also paying close
attention to Mongolia, threatening Japan”s hopes to take advantage of the
abundant reserves

Mongolia”s decision to revoke hundreds of gold
mining licenses has alarmed investors but the government”s efforts to clean up
its mining sector could have long term benefits, says a Wall Street Journal
report quoting the head of a foreign fund. 
Energy and Mining Minister

Arshad
Sayed, until recently country manager and resident representative for the World
Bank in Mongolia, has left the Bank after more than 15 years to join Peabody
Energy, the biggest U.S. coal miner, as president of its Mongolia and India
unit. “Arshad has extensive

The
Human Resources Department of Oyutolgoi LLC is busy formulating ways to ensure
that Mongolians constitute 90 percent of the work force when production begins.
In September, 100 Mongolian nationals began a 10-month course at Erdenet
Technical Training School and another 43 started a

The Grand Plaza area in Bayangol district is the worst polluted in
Ulaanbaatar, according to a survey by the Air Quality Office in November. The
volume of the nitric dioxide there was found to be over 29 times the accepted
level, as against

Heavyweight
trucks carrying coal have led to cracks on the roads to Gashuun Sukhait and Shiveekhuren
and the dust that is raised has been causing accidents. The Professional
Monitoring Agency (PMA) says these have resulted in 11 deaths so far this year.

The
paved road

The Mongolian Ambassador to Great Britain has met with B.Khurts, Chief
of Administration at the National Security Council, and says there is no
concern for his physical well being. A hearing yesterday extended his detention
for 28 days more, setting January 5, 2011

The latest survey of corruption in Mongolia, jointly
conducted by the Asia Foundation and the Sant Maral Foundation, found that
while the number of households that gave a bribe in the last three months has
fallen, the amount paid in bribes has increased.

Haier, the world’s
No.1 electronics brand has announced that the company is setting the base for a joint effort to establish
modern educational platform at school #24 in Ulaanbaatar with an IT
infrastructure that meets international standards.

Under the joint “New
Century Education Project”, it is possible to offer

Prime
Minister S.Batbold will make an officially visit to Russia from December 13-16 at
the invitation of his counterpart, V.V.Putin. He will hold talks with Putin and
others on the two countries’ ties and collaboration in the trade, economics,
infrastructure and investment spheres along