Xanadu Mines, an Australian-backed, Mongolian-focused minerals
explorer and developer, has opened its Initial Public Offer (IPO) ahead of its
proposed listing on the Australian Stock Exchange in late December. The IPO
seeks to raise between AUD15 million and AUD21 million, valuing the company

Entree
Gold Inc. has received a receipt for a final short form base shelf prospectus
with the securities commissions of each province of Canada, except Quebec, and
a corresponding registration statement on Form F-10/A with the United States
Securities and Exchange Commission. These filings

The
London Stock Exchange (LSE) has been chosen to restructure and run the
Mongolian Stock Exchanges (MSE) to prepare it to provide all kinds of financial
services required in a growing modern economy, according to officials talking
off the record. However a formal announcement

Chinese
National Defense Minister Liang Guanglie met with his Mongolian counterpart Lu.
Bold in Beijing  last week, both pledging
to enhance military ties between the two nations. Liang said China attaches
great importance to boosting Sino-Mongolian relations and is ready to work with
Mongolia to

Traffic  rules have been changed to allow action to be
taken against drivers caught by cameras at Traffic Management Centers and
control posts. The cameras register 10,000 violations a month. S.Enkhtor of the
Media Department of the Traffic Police Board, told media the

Winter was a time when meat prices used to remain stable
but things have changed so much that they rose by more than MNT1,000 a kilo in
the last week, to reach between MNT3,500 and MNT3,800. Several recent incidents
show how the trade

The committee resposncible for reviewing the progress of
business environment reforms held its third meeting of the year yesterday and expressed
happiness that results of the program could be seen. Prime Minister S.Batbold
was in the chair, and  stressed that the
goal of the

Hearst Magazines
International has given the gift of infinitely recyclable sex advice to the
Tibetan Buddhist, Central Asian country of Mongolia. What inspired this
unlikely market entry? Louis Vuitton!

Duncan Edwards, chief
executive of Hearst Magazines International, said Mongolia became an ideal
place to expand Cosmopolitan

Imperial Mining Holding Ltd.,
a private offshore company backed by the European Bank for Reconstruction and
Development, has agreed to swap its cobalt assets in Russia and Mongolia for
control of a publicly traded Canadian junior mining firm. Vancouver-based Puget
Ventures Inc. said it

The
Ethics Committee of Parliament  yesterday
discussed in camera a complaint against Minister of Finance S.Bayartsogt and
found him not gulity of any wrongdoing. Citizen B.Lkhagvajav had charged that Ivanhoe
Mines Mongolia had paid for Bayartsogt’s trip to New York to attend a ceremony
related