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Khan Resources blames ARMZ for “opaque political maneuvering”

Acknowledging the intention of Atomredmetzoloto JSC (ARMZ), a Russian state-owned nuclear energy corporation, to withdraw its unsolicited offer to purchase all outstanding common shares of Khan Resources, the company  has said “it is unclear” if the reasons cited by ARMZ

Mongolia ready to smooth way for talks on North Korea

During his recent visit to New York, D. Tsogtbaatar, State Secretary of the Ministry of Foreign Affairs and Trade, spoke to members of The Korea Society at a breakfast meeting. He reaffirmed Mongolia’s commitment to stay nuclear free and to

Livestock commodity exchange planned

Minister for Food, Agriculture and Light Industry T.Badamjunai and director of Mongolian Stock Exchange R.Sodkhuu signed a cooperation agreement yesterday as the first step to establishing a livestock commodity exchange. A draft law on this has to be approved by

Museum for Tureg items planned in Orkhon Valley

It has been decided to set up a museum in Orkhon valley to display historical and cultural items from the Tureg era. Most of these are found in Kharkhorin in Uvurkhangai province, and in Khashaat soum in Arkhangai province.

Festival of French films in Tengis cinema

Two well-known French film stars, Sophie Marceau and Christophe Lambert, will be present at the opening ceremony of a festival of French movies from Francophone countries in Tengis Cinema. They said this at a press conference also attended by the

Confusion over Olon Ovoot license continues

There is still no official confirmation or denial of reports that Goldman Sachs has filed a case against Mongolia in the international arbitration tribunal regarding the Olon-Ovoot gold mine. Ts.Myanganbayar, then by director of Mongol Gazar, is reported to have

Mongolia to be made a model anti-cancer center of Asia

The IAEA Deputy Director General and Head of the Department of Management David Waller told Prime Minister S.Batbold at their meeting  that Mongolia has been selected as a model anti-cancer center of Asia, a proposal Batbold had made when he

Mongolia puts up big show in ITB Berlin

A large number of exhibitors from the central and inner Asian region attended the recent ITB Berlin which drew together people working in the travel industry and people who want to catch up on the most beautiful travel destinations. The

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