D.Damba,
President of the Mongolian National Mining Association (MNMA), does not think
much good will come out of the government’s decision to extract the Tavan
Tolgoi deposit through operating contracts. Since the operating companies will
be required to make sizable investments, they will raise

U.S. Senator
Charles Schumer has blasted China for alleged predatory trade practices,
including shipping its honey to the United States through India, Mongolia and
Malaysia so that tariffs would be cheaper. Schumer called the practice “honey
laundering” and said he will support a bill

An Indian
government and business joint delegation on the mines sector, led by the
seniormost bureaucrat at the Ministry of Mines, Ms. Santha Sheela Nair, visited
Mongolia recently. The delegation called on Prime Minister S. Batbold and
briefed him about the proceedings of the

Scandals do
not seem to leave sumo, venerated by the Japanese people as a pillar of
tradition and as a way of life. Last week, the country’s top police official
called for action to rid the sumo world of links to yakuza crime

Parliament’s approval last
week of the Government policy to build a rail line linking with Russia to help
tap large coal deposits in the south is the latest move in the long-delayed
project that could make the poor but mineral-rich nation less dependent

Peabody Energy is pursuing
opportunities in Mongolia, Chief Executive Officer Gregory Boyce has said.
Boyce said his company was looking at expanding into Mongolia, which is rich in
untapped mineral and coal resources. “China, Mongolia and India are our
focus,” Boyce said.

Peabody has a

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China”s
Inner Mongolian Autonomous Region and Mongolia have vowed to expand economic,
educational and cultural cooperation and also to fight desertification, said Hu
Chunhua, Communist Party of China chief of the Inner Mongolia Autonomous
Region, after  a visit to Mongolia.
A delegation from the region