B.Altsukh, senior specialist at the Fuel Policy Department in the Ministry of Mineral Resources and Energy, thinks it was a good decision to have one ministry for both mineral resources and energy, but it was anomalous to have a fuel

The World Bank has approved a USD10-million scale-up of the Index Based Livestock Insurance Project (IBLIP) in Mongolia. IBLIP, introduced in 2006, provides herders with insurance through partnering with local private insurance companies, to get protection against climate-related losses to

It appears that the MPs who had cautioned against signing the investment contract of Oyutolgoi before reaching a consensus on the technical and economic estimations were right after all. The working group established by the Standing Committee on Security and

The 8th day of the lunar new year is usually celebrated by people wearing a deel or some other item of traditional clothing. The Mongolians with Deel movement observed the day yesterday with monks of Gandantegchilen praying at the Tasganii

A report from a herder in Buren soum, Tuv province on Friday that he had seen something fall from the sky led to a team of experts visiting the place to ascertain if it was a meteorite. D.Namsrai, deputy head

The Standing Committee on Security and Foreign Policy has asked the Government to investigate why 12 mining licenses, granted near the Mardai uranium deposit apparently in violation of the law, have not yet been canceled. The head of the committee,

A loan from the European Bank for Reconstruction and Development (EBRD) will help the Mongolian arm of Australian Contractor, Leighton, to help finance the company”s ability to offer high quality contract mining services there. The EBRD is providing financing of

Entree Gold, with its treasury currently standing at over USD38 million, has announced its 2010 exploration budgets for initial work programs in Mongolia and elsewhere, totaling approximately USD7 million. It has budgeted approximately USD4.0 million for first phase 2010 exploration

Gobi, Mongolia’s largest cashmere garments manufacturer, earned a “first” for itself by organizing a four-day exhibition of its products in Berlin earlier this month. Altogether 100 representatives from 30 establishments, including department stores, boutiques, and retailers, from 27 EU countries

Pressure from various sections of the MPRP on the party’s administrative board has been increasing to set the date for a general conference where a new chairman will be chosen to succeed S.Bayar. His prolonged illness and absence has put