MP R.Amarjargal answers our journalist’s questions.

Where do matters
stand with the draft election law?
The two parties have talked and have reached agreement on provisions in the
competing drafts and I think a consensus will be reached after a review of the
last

With the induction of
Golomt Bank, Khas Bank, State Bank and Capitron Bank on Monday, bank card network
now has eight members. Khan Bank, Trade and Development Bank, Capital Bank, and
Ulaanbaatar City Bank were already members of the network set up in

Officials from the
Ministry of Health and related organizations have denied rumors that 14
patients  received transfusion of blood
from an HIV-infected donor. Among those who spoke to journalists were N.Khurelbaatar,
State Secretary of the Ministry; S.Tugsdelger, Chief of the Social Health
Policy Implementation Coordinating

The
Standing Committee on Environment, Food and Agriculture yesterday discussed draft
amendments to the law on hunting and related issues. The law was passed in 2001
and three amendments were made to it the following year. The amendments now
proposed are the first since

The State
Property Committee (SPC) has announced the names of the members of the
Representative Managing Council of the newly set up Development Bank.
Ch.Khashchuluun, head of the National Development and Innovation Committee
(NDIC), will be its chief. The other members are:
B.Darinchuluun, head of

Robert Friedland will resume
his position as CEO of Ivanhoe Mines as the company nears completion of its
massive copper and gold project in Mongolia, the company announced Monday.
Friedland, currently executive chairman of the company he founded, will replace
John Macken, who will

Prime
Minister S. Batbold is dealing with an imposing challenge: raising the standard
of living for his tiny population of three million people, says a report in the
Financial Post, Canada. Mongolia has done almost everything possible to open
its doors to outside investment

Kell
Nielsen has looked at between 80 and 100 mineral projects in the past eight
weeks. That”s how it is in Mongolia these days. Nielsen, who heads Voyager
Resources (VOR), knows the race is on between mining companies to lock up
ground in Mongolia,

The highlights of an update provided by
Erdene Resource Development on its ongoing exploration programs for coal and
metals in Mongolia include:

–
New Copper-Gold Discovery – Detailed Nomin Exploration Program Initiated

–
Regional Coal Targets Being Tested – Zarman Coal Drilling Initiated

–
Galshar Coal Royalty

Cameron McRae will
take over as CEO of Oyu Tolgoi LLC on December 1, in succession to Keith
Marshall who moves to the Rio Tinto head office in London. McRae has been
president of the Oyu Tolgoi project for three years.