In
2008, seven years after Ulaanbaatar was named Denver”s 10th sister city, the
City of Ulaanbaatar Park was opened to the people at East Fifth Avenue and
Roslyn Street at Lowry. The park cost USD2 million and has a sculpture
representing Ulaanbaatar made by

State-owned UB Thermal
Network Company has begun repairing its supply system at 10 places in the city
and hopes the work will be finished by September 15. The total work will cost MNT
5.2 billion. L.Amarbat, Finance Director of the company, has said

An exhibition called “Tradition”
has opened in the Natural History Museum and will be on show until August 8. It
aims to promote young artists and also popularize traditional arts. The artists
represented in the exhibition are P.Battulga, B.Suvd-Erdene, D.Naranbaatar,
G.Burmaa, B.Sukhmyagmar, A.Sergelen and

A working group has discussed
preliminary plans to nationally observe the 100th anniversary of the Revolution
of National Freedom next year. A memorial complex will be built and a film made
on the historical event made. The film may be a documentary or

Among the several draft laws hastily
approved, in succession by the relevant Standing Committee and then by
Parliament itself, without too much of a discussion in either forum, before
Parliament went into recess after an extended session, was the one on budget
revision. Revenue

Entrée Gold has filed a comprehensive NI 43-101 Technical Report
(ETR10) which outlines the history and exploration of the Lookout Hill Project
and discusses various scenarios related to future development of the Oyutolgoi mining complex and, more specifically, the Entrée-Ivanhoe
Joint Venture Property.
ETR10

The European Bank for Reconstruction
and Development (EBRD) has announced a synthetic loan worth USD8 million in
local currency to XacBank for financing micro and small businesses in Mongolia.
XacBank is the second largest microfinance bank in Mongolia, and the EBRD holds
approximately ten

Russia and Mongolia will hold joint antiterrorism
exercises in the Siberian Military District in September, according to the
district press service. The drills, called Darkhan-3, will involve some 1,000
servicemen and 300 items of hardware. They will be held in three stages.

“Joint use

N.Dorjdari of the Open Society Forum
has told the Mongolian Mining
Journal 
that the Government has not revealed its thinking or decision on several
aspects of the Tavantolgoi agreement. It has not specified how the sale price
is to be fixed, whether the coal will

The Central Bank reports that money
supply (broad money or M2) at the end of June was 8.3 percent more than at the
end of May 2010, and 44.5 percent more than at the end of June, 2009.
Currency issued in circulation was