The San Francisco Bay Area Mongolian community celebrated their
country’s 89th independence day along with the traditional Naadam festival with
great cheer on July 10. “This is the same celebration that our people are
having everywhere around the world,” Ts. Demberel, principal organizer

The
first meeting of the new monitoring board of Mongolbank, held before Naadam,
decided to send an advisory to the Mongolbank administration, recommending new
procedures to prepare the budget, to identify income and expenses as well as to
to ensure proper and timely implementation

The
heads of the two party groups in Parliament — D.Lundeejantsan of the MPRP, and
Ch.Saikhanbileg of the DP – reviewed the just concluded Spring session of
Parliament with journalists. This was the first time in Parliament’s 20-year
history that the heads of the

Parliament
approved a draft concept of national security before going into recess last
week. The first such concept was made 16 years ago and has been the keystone of
state policies. However, the passage of time and the changes in both foreign
and domestic

Construction
of a 12-storeyed Parliament Building, with funds pledged by the Kuwait
Government several years ago, will at long last begin in autumn. Secretary
General of the Parliament Office, Ts.Sharavdorj, answers questions on the
landmark project.

Where will it be built?

The
site finally selected is the

Entree Gold Inc. has received a mining license covering
its Nomkhon Bohr coal discovery, outlined through exploration efforts in
2008-2009. The new license covers approximately 14,030 hectares in the
northwest corner of the former Togoot exploration license. The portion of the
property included in

Eurasia Capital, a Hong Kong-based investment bank, and
MonBiz Media Ltd. have launched the MonBiz Hong Kong Index, the first index
that includes Mongolia-related companies listed on the Hong Kong Stock
Exchange. It will track the share price performance of Hong Kong-listed
companies with

The European Bank for Reconstruction and Development said
Tuesday it has agreed to a USD180 million loan for the construction of the
first coal washing plant in Mongolia at Energy Resources” Ukhaa Khudag (UHG)
coking coal mine in South Gobi. The new coal

Boroo Gold, Shijir alt, MonPolimet are among the not many
mining companies that have been found to have duly completed rehabilitation
work. The State Inspection Agency (SIA) reveals that a review of mining
activities has found that over 2,000 entities did not do

Minister of Minerals and Energy D.Zorigt has revealed
that altogether USD758 million is likely to be invested in the Oyu Tolgoi
project this year. This does not include the USD400 million worth of work for
which domestic companies will be bidding. Testifying before