SouthGobi Resources Ltd. has identified the following as
highlights of its operational and financial results for the quarter ended March
31, 2010.

— Total shipments were 426,000 tons.

— Average realized selling price was USD36 per ton,
approximately 24% higher than in Q1 2009.

— Significant

The 27th annual Himalayan Fair on May 29 and 30 will
celebrate the mountain cultures of Mongolia,
Tibet, Nepal, Bhutan,
India, Burma, and Pakistan
at Live Oak Park, Berkeley,
California. Visitors will enjoy
the food, art, jewelry, clothing, antiques and crafts of the Himalayas.

Proceeds from

Opera singer S.Mungunchimeg, who has fond memories of her
years of study in Bulgaria and considers it to be her second homeland, will gives
a free performance on May 24 at Arte restaurant in Ulaanbaatar, at a ceremony
to celebrate the 60th anniversary

Parliament on Thursday approved a resolution whereby the Mongolian
Livestock program will now cover veterinary and breeding services, improving quality
of herds, maintaining a proper balance between the number of different animals
in a herd, etc. The program, initiated by a group of

The Government wants a draft law to ratify the agreement reached
during the Czech Premier’s just concluded visit on certain issues relating to
social welfare. This will enable Mongolians employed in the Czech Republic
to claim pension from either the Mongolian or the

The two-day visit of the Prime-Minister of the Czech
Republic, Jan Fischer, ended last Thursday, after a visit to a memorial complex
to Chinggis Khaan in Erdene soum, Tuv aimag, which includes a giant statue of
the Mongol leader. The Czech delegation also

A Democratic Party (DP) delegation led by the party’s
Secretary-General, D.Erdenebat, and comprising several members of its National
Consultative Committee is now in  China at the invitation of the Communist Party
of the People”s Republic of China
(CPPRC). It will spend a week there.
The

Deputy
Prime Minister N.Altankhuyag and Arshad Sayed, resident representative of the World
Bank in Mongolia, exchanged views about the economic situation and the banking
sector. The annual International Monetary Fund review of the budget policy of
Mongolia has not been issued this year, and

Parliament
discussed on Friday revising the legal status of Ulaanbaatar, following the big
rise in its population in recent years. Migration from rural areas has, according
to M.Enkhbold who proposed the draft amendments, has increased the population
of the capital city by 471,500. It

Parliament
took up for discussion on Friday a draft law proposed by Ch.Saikhanbileg and
Su.Batbold to amendments the law on parliamentary procedure. Earlier MPs had rejected
a similar draft proposed by the President, with Ts.Nyamdorj saying, “The President
is trying to become the 77th