The Tavantolgoi deposit is in Umnugobi aimag and Tavantolgoi
LLC and Energy Resource LLC have been exploiting coal there for quite some
time. Energy Resource initially owned six licenses but has transferred five of
these to the Government and now has just one

The head of the National Development and Innovation
Committee, Ch.Khashchuluun, feels it would be difficult to reduce expenses in
the draft 2011 budget. If the economy has to grow, there must be adequate
investment in infrastructure, even if that means a budget deficit.

Minister of Road, Transportation,
Construction, and Urban Development Kh. Battulga was among the 350 people
attending the “grand opening” of a new facility, dealership and office of Mongolian Star
Melchers (MSM) last month. He congratulated
the company, which supplies and services the Mongolian market

A recently signed Collective
Agreement covering the period July 1, 2010 to June 30 2012 sets the
compensation, benefits and working conditions of Boroo Gold employees at a highly competitive level. It was
signed by representatives of the management and the Trade Union

The Mongolia Investment Summit 2010
in Hong Kong on October 14 will explore the many exciting investment
opportunities on offer, as Mongolia takes advantage of its mineral-rich geology
and location next to China – the world’s fastest growing consumer of natural
resources.
Conference highlights

Untold
mineral wealth lies under Mongolia”s surface – from its mountainous north to
the Gobi desert in the south. The country”s reserves of coal, copper, gold and
uranium have lately become the talk of the world”s mining industry. What”s
happening in this far-away state

President Ts.Elbegdorj has told the Prime Minister of
Finland, Mrs. Mari Kiviniemi, that Mongolia wants to use the latest
technologies from countries like Finland as it implements big projects in
mining, infrastructure and railways. He also said the goal of the government
was to

Speaker D. Demberel has asked Parliament to discuss today
the Prosecutor General’s demand for the dismissal of the Chief and the Deputy
Chief of the Anti-Corruption Authority (ACA), after a plenary session yesterday
had refused to do so. The MPs took the decision

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