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Erdene focused on Zuun Mod project

Erdene Resource Development Corp. has provided an update
on its principal projects in conjunction with the release of its first quarter
2010 financial results. The highlights mention that the Zuun Mod Molybdenum
Project optimization and modeling studies are under way; and so are
preparations

Government to sell MNT16 billion bonds to fund Development Bank

The Government has decided to issue bonds worth MNT16
billion to raise capital for the new National Development Bank.

The MNT19 trillion needed to implement the government’s
Industrialization program has not yet been found. A survey has revealed that in
2010-2012 the government’s

Agreed number of Mongolian workers not employed at Oyutolgoi, say MPs

The Standing Committee on National
Security and Foreign Policy agreed on Tuesday to establish consular services in
San Francisco, Osaka,
and Hong Kong. The day’s meeting was supposed
to discuss sending manpower to foreign countries but instead it reviewed the issue
of importing manpower. T.Gandhi

MPs discuss revision of inspection laws

The Standing Committee on
the State Structure had many questions to ask about proposed revisions to the
laws on inspection, nature and environmental protection, and on inspection and
quarantine of raw materials of animal and botanical origin at the border.

J.Sukhbaatar thought the
revisions

MIAT fails to fly

A MIAT spokesman failed to give any commitment on
Thursday when international flights would resume. Today was the third day they
remained canceled.  Alternative
arrangements are being made for stranded passengers.

The Government yesterday announced the airline will fly
today but could not find enough

Additional MNT6 billion approved for road construction

The Standing Committee on
the Economy has accepted the recommendations of a working group headed by R.Bud
on road construction to be included in the revised 2010 budget, the social security
fund and the budget of the Human Development Fund. The  group was

Mayor’s campaign against public drunkenness

Cafés and restaurants serving liquor, and all shops and
supermarkets selling alcohol have been ordered by Mayor G.Munkhbayar to install
cameras. The move comes in the wake of persistent complaints that the rule
prohibiting sale or serving of alcohol after 12 midnight was

Standing committee rejects draft on agriculture stock exchange

The Standing Committee on Environment, Food and
Agriculture yesterday refused to approve the draft law on establishing an
agriculture stock exchange, and asked its initiators to redraft it in the light
of the Mongolian Livestock program approved by Parliament last week.

The proposed stock

Tavantolgoi documents submitted to Parliament

The Government submitted to Parliament on Thursday
morning the report of the working group on Tavantolgoi, which it had discussed
the day before. It includes the draft of investment agreement, suggestions for
amendments to the Mineral Law, the draft of the resolution Parliament

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