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Mongol Bank’s gold purchase in 2020 up by a third

The Central bank of Mongolia, also known as Mongol Bank, purchased 1.7 tonnes of precious metals in November. A total amount of the purchases has reached 21 tonnes since the beginning of this year, showing an increase of 6.5 tons

3×3 success story Ulaanbaatar will make history at Jeddah Final

At the core of one of 3×3’s biggest success stories, Ulaanbaatar MMC Energy always appeared destined to make the World Tour’s biggest stage.
And the Mongolian team will fulfil their wish when they make their historic debut at the Jeddah Final

Mongolian partners revolt, forcing Rio into Oyu Tolgoi review

Rio Tinto will be forced to endure an independent review of its failure to meet cost and schedule guidance on Mongolia’s Oyu Tolgoi copper mine expansion, after the mining giant’s less powerful partners united in an extraordinary show of defiance.

The

Mongolia benefits from conflict between China and Australia

China’s coking coal imports fell to a five-month low in October, hit by slowing Australian arrivals following an unofficial ban on coal imports from the country that was imposed in early October.
China imported 5.89 million tonnes of coking coal in

The Mongolian province worst hit by COVID-19

Mongolia’ northernmost province of Selenge, which borders with Russia has badly hit by coronavirus. There have been a  total of 183 cases of COVID-19 confirmed in the province. So far, Mongolia has had 812 confirmed cases of coronavirus; 429 of

Gazelles invade Ulaanbaatar!

Large herds of gazelles have been spotted in Ulaanbaatar, the capital of Mongolia, making a stir on social media, the country’s Environment and Tourism Ministry reported onMonday.
“On Sunday, a herd of more than 200 gazelles was spotted in the Nalaikh

Mongolian documentary wins international award in Holland

A Mongolian documentary has become the winner of the International Documentary Film Festival Amsterdam (IDFA) Award for a Mid-Length Documentary. Directed by NominLkhagvasuren, the 52-minute documentary entitled “Wheel” tells the stories of suicide survivors and family members of those who

Ulaanbaatar remains under lockdown until 11 December

The Mongolian Cabinet has decided to decrease the level of the emergency situation in four provinces, as it considers that the spread of the virus has been put under control. However, the Mongolian capital city of Ulaanbaatar and two provinces;

Mongolia’s COVID-19 tally reaches 801

Today, 1 December, Mongolia confirmed 10 new cases of coronavirus after testing 12.116 people; this brings the total number ofCOVID-19 cases to 801.
So far, six Mongolian provinces have reported coronavirus cases; namely, Darkhan-Uul, Orkhon, Selenge, Gobisumber, Dornogobi and Arkhangai where

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