First Deputy Prime Minister and Chairman of the
Democratic Party, N. Altankhuyag, has said
that Mongolia’s democratic
revolution, which also meant a transition to a free economy, would be
incomplete if it did not lead all the way to an economic revolution. Being in
power

Haranga
Resources, a Mongolia-focused iron ore exploration and development company, has
closed its Initial Public Offer (IPO) on the Australian Stock Exchange to raise
USD25 million early and was heavily oversubscribed.   The Company has booked drill rigs and
geophysical survey crews for immediate commencement

A
recent three-day Future Search conference, sponsored by Oyutolgoi LLC to focus
on the future development path of Khanbogd and Manlai, the nearest towns to the
mine site, drew some 70 delegates including local government and infrastructure
officials, NGO representatives, local herders, businesses, students,

Parliament
will this week have the first discussion of the draft setting out procedures
for amending the Constitution. The issue was raised in 2004 but it has been
such a sensitive issue since the seven amendments passed after the 2000
election when the MPRP

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In one of the largest deals
ever in the history of the Mongolian Stock Exchange, Firebird Management, a
U.S.-based fund management firm, acquired 14.3% of total outstanding shares of
Baganuur JSC  for USD15.2 million last
month. This was the latest in Firebird’s purchase of

The Mongolian Chamber of Commerce and Industry recently
organized Mongolia’s Best 99, an exhibition to identify exporters who best
popularize Mongolia in the international market. Goyo’s cashmere apparel
collection was chosen “the best export product”. 

Following the Memorandum of Understanding signed during
the visit of Prime Minister S.Batbold to Canada, calling for Canadian
cooperation in reforming the civil service in Mongolia, a video tele-conference
was held recently at which members of the Canadian House of Commons Standing
Committee on