News.MN - The source of news

The number of COVID-19 infections in Mongolia rises to 328

The number of COVID-19 infections has risen to 328 in Mongolia after one more Mongolian citizen tested positive for the virus, the country’s National Centre for Communicable Diseases (NCCD) said on Thursday.

All 328 confirmed cases have been imported; among them,

Copper rises to new highs

Copper rose to new multi-month highs on Wednesday, as bullish market sentiment was reinforced by upbeat US new factory orders data, aided by concerns over harsh cold weather in parts of China. Shanghai copper thus staged 10 consecutive days of

SouthGobi sells Indonesian project to concentrate on Mongolia

SouthGobi Energy Resources has sold a coal project in Indonesia to concentrate on its property in Mongolia. “The sale will enable SouthGobi management to further focus on our Mongolian operations and projects,” a company statement said.

Canadian company and Monnis to work jointly in gold exploration

Jinshan Gold Mines Inc. has entered into a memorandum of understanding with Monnis International Inc. to jointly explore and develop gold projects in Mongolia.
Since its establishment in 1998 as an official distributor of Nissan Motor Co. in Mongolia, Monnis

Gulfside Minerals completes Onjuul Phase 1 drilling

Gulfside Minerals Ltd., which owns the Onjuul coal project, has reported the successful completion of Phase 1 of its drilling program there. Ten holes have been completed in this phase, and 10 or more holes are planned to be completed

Goat population decreases for the first time since 2002

The final result of the livestock census reveals that Mongolia has 43 million 657 thousand livestock, a figure that is up by 0.9 percent compared to last years’s.
This number includes 275.1 thousand camels, 2206.7 thousand horses, 2579.6 thousand cattle,

State Universities could be merged

The Ministry for Education, Culture and Science will submit to the Government on January 20 a new set of proposals relating to accreditation of universities and institutes. According to the Vice Minister for Education, Culture and Science, Ch.Kulanda, the proposals

President rebukes adviser for failure in the veto issue

Parliament’s rejection of the President’s veto on the State Budget for 2010 means that every MP will now get MNT1 billion to spend in their constituency. The President was against this but he is not blaming Parliament for not agreeing

Ch.Khurelbaatar: The decision to raise electricity tariffs is wrong

MP and Minister of Mongolia, Ch.Khurelbaatar, talks about the decision of the Council of Regulators of the Energy Regulation Department to raise electricity and heating tariffs and explains the Government’s position in answer to questions.
The Energy Regulation Department has decided

S.Bayartsogt: Reforms will mean better budgets and easier implementation

Minister for Finance S.Bayartsogt answers questions on recent developments in the economic situation of Mongolia.
What is the benefit of having a budget stability law?
The Law about Administration of Budgeted Organizations and Finance regulates the issues regarding budget making, financing and

Working group to examine electricity and heating tariffs

A meeting of representatives from the Mongolian Labor Union, the Union of Employers and the Energy Regulation Department discussed the decision to raise electricity and heating prices with effect from January 15, and decided to set up a working group