State-owned Erdenet Mining Corporation halts production once a year for major repair, maintenance and cleaning. Therefore, Mongolia’s biggest ore processing plant stopped its production for two days between 31 July and 2 August. During the two days stoppage, a total

The Central Bank of Mongolia (Mongol Bank) reported today (5 August) that it had purchased a total of 11.3 tonnes of gold in the first seven months of this year. Purchasing gold is one of the key tools for the

A Boeing aircraft belonging to MIAT, Mongolian Airlines with 260 Mongolian nationals including 5 children on board is currently flying from Takoma Airport in Seattle to Ulaanbaatar. The evacuation charter will land at Buyant-Ukhaa Airport later today (5 August).

This is

Mongolian crane rental company Sonoforte Group has taken delivery of the first new Tadano All Terrain crane to be delivered in the country with a 220 tonne ATF 220G-5. The two engine, five axle ATF 220G-5 has a 68 metre

Earlier today (5 August), 14 peacekeepers were discharged from the National Centre for Communicative Diseases after having fully recovered from the coronavirus infection.  Mongolia repatriated 62 peacekeepers from Afghanistan on 12-14 July after some of them had contacted coronavirus. Therefore,

Mongolia’s budget deficit currently stands at 9.8 percent of gross domestic product (GDP) amid the coronavirus crisis. According to Finance Minister Ch.Khurelbaatar, in the amendment to the 2020 State Budget, deficit would be MNT 3.8 trillion.

The budget revenue fell by

The Mongolian Cabinet has approved an amendment to the parliamentary resolution and accompanying bills on a package of measures to protect the health and income of people, preserve employment and stimulate the economy during the Covid-19 pandemic.  Accompanying legislation include

Earlier today (4 August), Mongolian Prime Minister U.Khurelsukh received P.Burentugs, a wrestler from Uvs Province in order to congratulate him on becoming the new “Avarga”, of Titan in traditional wrestling. From the rank of Lion (Arsalan), P.Burentugs ascended to the

Mongolia exported a total of 11.2 million tons of coal in the first seven months of this year, a decrease of 46.4 percent compared to the same period last year, according to official data on Tuesday.

The sharp decline, said the

The construction of a new Grand Theatre of National Arts has started in the Denjiin Myanga District of Ulaanbaatar. The theatre is expected to be completed by September 2021. The city of Ulaanbaatar approved the budget for building. The Ulaanbaatar