Police have reminded bike riders that they must wear proper safety helmets before hitting the road as the weather warms up. They have also been asked not to drive motorcycles that make too much noise and do not have legible

Railway workers are demanding a 15 percent wage raise by May 1. The Director of the Labor Union of Mongolian Railway, Kh.Erdene and 20 of his colleagues told a press conference on Tuesday that more than half of the 16,000

During discussions on Tuesday, some members of the Standing Committee on the Economy threatened the Minister for Minerals and Energy with dismissal if no concrete action is taken by June 1 to set up a copper smelter. “There has been

Khan Bank has been named “The Best Bank in Mongolia” for the seventh year by Global Finance magazine, headquartered in New York. The magazine announced its choice of the “Best Emerging Market Banks in Asia” in 2009 on March 16,

In late 2009, the joint Ivanhoe Mines-Rio Tinto Oyutolgoi Technical Committee conditionally approved a USD758 million budget for 2010 to begin full-scale construction of Oyutolgoi. The 2010 budget provides for an early start on a site-wide development program, which is

Police removed all hunger strikers from the civil movements from Sukhbaatar Square yesterday at 11.40 pm and seized the protesters’ ger. The hunger strikers were sent to different hospitals for treatment.
The civil movement leaders have announced that they will

The Government will no longer entertain pleas to exempt foreign workers and professionals from paying special fees on the ground that they are employed at “large national projects and buildings and constructions programs”. The provision was adopted in 2001, when

The payment of USD50 million by Oyutolgoi LLC as the investment agreement on the copper-gold deposit took full legal effect was part of the process set out in the agreement whereby Oyutolgoi LLC was to purchase three Treasury Bills (T-Bills)

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