The kindergartens in 19 soums of ten aimags where the
winter was most harsh have now closed for the coming winter after working for
55 days from June, when they were started to serve 380 children between 2 and 6
years. The project

Resources Investment
Capital (ResCap) has acted as financial advisor to Origo Partners
in the acquisition of a copper-gold prospect in Mongolia for USD12 million
(100% basis) from Nadmin LLC. ResCap is on the ground in Ulaanbaatar and
working with local management teams and looks

The
U.S.-based law firm Hogan Lovells has been appointed legal adviser to
state-owned mining company Erdenes MGL – the sole owner of the mining
operations for the Tavantolgoi project. As part of the appointment, Hogan
Lovells will help Erdenes establish draft mining agreements which

Yokozuna Hakuho won his 16th Emperor’s Cup
yesterday as he finished the Tokyo basho with a 15-0 record. This is his fourth
consecutive title, and he has now won 61 successive bouts, coming tantalizingly
near the winning streak of 69 by the legendary

Hunnu Coal has upped the pace of drilling at
its coal projects in Mongolia with 11 rigs operating on various projects, aimed
at generating initial JORC resources.
Hunnu has completed 71 drill holes for 6,022 meters at the Unst Khudag mine,
where four drilling

Prime Minister S. Batbold told
the summit meeting of the UN General Assembly that  economic development can be sustainable only
if it involves the people, particularly the poor, and opens up possibilities
for them such as jobs and income. He referred to Mongolia’s

A judge in Fort Lauderdale
in Florida has awarded a USD67.6 million judgment to Bank of Mongolia  in a lawsuit alleging fraud, civil theft,
racketeering and conspiracy. Lauderhill-based M&P Global Financial
Services, M&P Global Financial Services Europe, Burton D. Greenberg and son
Joel E.

The present MPRP leadership
came under severe criticism for their several acts of omission and commission
at a meeting on Friday, attended by party members like former President
N.Enkhbayar, and representatives of NGOs and non-official organizations. The
discussion focused on the theme “Reforming MPRP:

General Electric Company (GE)
and Newcom Group have announced to jointly explore business opportunities in
Mongolia, one of the fastest growing and resource-rich markets in Asia. Newcom
is a leading privately owned investment company in Mongolia with interests in
telecommunications and information technology, real

A collection showcasing domestic objects from Mongolia,
such as whips, textiles and chess sets, and another displaying Tibetan items,
primarily Buddhist masks, books and silk paintings called Thankgas, are the
current attractions at the Indiana University Art Museum’s Special Exhibitions
Gallery. “From the Steppes