Khan Bank Foundation has awarded over 400 scholarships to help promising Mongolian youths pursue higher studies in the last three years. The scholarship program underscores Khan Bank’s commitment to the social and economic development of Mongolia.
This year, too, the bank

Habitat for Humanity Mongolia has launched The Blue Sky Community and Environment Investment Fund as part of the Blue Sky Build Campaign to raise money to build key community facilities at a Bayanzurkh site between June 28 and July 2.

Hopu Investment Management Co., along with two Chinese firms, has signed a USD110-million deal to buy a 20% stake in Winsway Coking Coal, in another venture into Mongolia by the Chinese private-equity firm founded by top China dealmaker Fang Fenglei.

Gulfside Minerals Ltd. has filed a writ in the Sukhbaatar District Court, seeking to rescind the transfer of shares of ECM LLC, the company holding the Erdenetsogt exploration license to Mangreat Group Ltd., a British Virgin Islands company. The basis

Red Hill Energy and Prophecy Resource Corp. have announced the award of a contract to commence a ten-drill hole, 2,200-metre resource expansion drilling program in early May, 2010 at its Chandgana Khavtgai Coal Project located in the Nyalga Coal Basin

Ivanhoe Mines has listed some noteworthy provisions of the approved investment agreement and shareholders’ agreement that have now come into full effect.
• Mongolia’s state-owned company, Erdenes, will acquire a 34% interest in the Oyu Tolgoi Project within 14 days of

Judith Eaton, President of the U.S. Council for Higher Education Accreditation (CHEA) served as a keynote speaker at an “International Accreditation Seminar on Higher Education,” earlier this month in Ulaanbaatar. Organizers for the two-day seminar included the Ministry of Education,

Mongolia will develop its biggest untapped uranium field in a venture with Russia after revoking Khan Resources Inc.’s permit to exploit the Dornod resource. Its state-owned  MonAtom will hold at least 51 percent in a venture with Russia’s government-run ARMZ

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