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Privatization to be followed by setting up of liability companies

Along with privatizing 12 state properties, the Government plans to establish several liability companies this year. The Erdenet factory, Mongolrostsvetment, Energy Resource, Khushuut and Oyutolgoi will offer shares to the public. This was disclosed at an open conference titled “Establishment

Centerra predicts increased production in Boroo this year

Centerra Gold has forecast a consolidated gold production of between 640,000 and 700,000 ounces this year, compared to 675,592 ounces produced in 2009.  “As we continue to expand our operations in both Mongolia and the Kyrgyz Republic, an aggressive focus

Mongolia invites India to participate in uranium mining sector

The second meeting of the India-Mongolia Joint Committee on Cooperation, held last week in Delhi, decided to operationalize the bilateral pact on civil nuclear cooperation by assisting in capacity creation for the Mongolian nuclear sector and considering the manner in

Report praises Mongolia’s unwavering commitment to democracy

Mongolia once seemed an unlikely candidate for democratic reform, but while its two mighty neighbors are allowing authoritarian tendencies to diminish rule of law, impoverished Mongolia has persisted in building a more accountable government, says an appreciative report in The

UN Council to discuss human rights in Mongolia

The Human Development Center and Globe International have announced that the UN Human Rights Council has decided to discuss the human rights situation in Mongolia in its ninth conference to be held in Geneva, Switzerland on November 23. The conference

Public cleaning of ice cover on roads this Saturday

The city administration has stored 230 tons of snow melting substances, 400 cmt of sand and 280 tons of salt for use during the 2009-2010 winter. Of this, 80 tons of substance, 110 tons of salt and 240 cmt of

Coal to cost more

The Ministry for Minerals and Energy has agreed to a proposal to raise the price of coal by MNT4,000 per ton. The decision follows the already announced increase in non-household heating and electricity tariffs from January 15. Coal mines demanded

Adopting a Constitution is not enough, says Speaker

In a speech in Parliament on Wednesday on the occasion of the 18th anniversary of adoption of the State Constitution, Speaker D.Demberel said setting up “a humane and democratic society” according to the Constitution was by itself no guarantee that

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