Prime Minister S. Batbold will
inaugurate the third
annual Mongolia Corporate Governance Forum tomorrow at Chinggis Khaan
Hotel.
The keynote speech will be given by Sebastian
Molineus, Sr. Operations Officer, CG Group, The World Bank.
Among the other fearured speakers are
David Lawrence, Resident Representative,
Prophecy Resource Corp. has signed an agreement securing
the loading of and the capacity to transport by rail 1.5 million tons of coal
annually from its Ulaan Ovoo coal project, with the option to increase capacity
based on availability. The loading point will
Polo Resources has announced
execution of a memorandum of understanding with Peabody Energy Corporation and
Winsway Coking Coal Holdings for the sale of Polo”s 50% interest in the
Peabody-Polo Resources B.V. Mongolian joint venture. The JV was formed to hold
all of Polo”s coal
Ulaanbaatar’s
children will receive an exciting gift on this year’s Mothers’ and Children’s
Day. On June 1, the City administration will bring together 100 animals of
several species found in Mongolia,
such as wolves, rabbits, foxes, and deer.
The Government has accepted the proposal of the Mineral
Resources and Energy Ministry and appointed N.Myagmarsuren to head the
Coordinators’ Council of the Energy Regulation Authority. He succeeds R.Gaanjuur
who was removed from his post because of unsatisfactory performance.
Another member of the Council,
Chinese Premier Wen Jiabao arrives in Mongolia
on June 1 and will leave the next day, according to the Mongolian Ministry of
Foreign Affairs and Trade. He will hold wide ranging talks with his host, Prime
Minister S. Batbold.
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