News.MN - The source of news

Czech Government helps 250 Mongolians return home

A total of 250 Mongolians returned home earlier today (11 August) on a chartered flight from Prague to Ulaanbaatar. The Czech Government chartered aircraft flew to Mongolia at the request of 192 Mongolians who had applied to return home via

Mongolian Railway History Museum

Not far from the Ulaanbaatar Railway Station, six obsolete steam locomotives sit unmoving in a fenced-off garden adjacent to the tracks. The open-air display of trains, collectively known as the Mongolian Railway History Museum, is dedicated to history of the

Xanadu raises cash for Mongolian exploration

Metals explorer Xanadu Mines is hoping to raise 12-million Australian dollars to fund exploration work at its flagship Kharmagtai copper/gold project, in Mongolia. Xanadu on Monday announced that it would issue 266.7-million shares, at a price of 4.5c each, in

SME scandal: former Minister fined MNT 40 million

The scandal over politicians granting themselves low-cost loans out of the fund to support small and medium enterprises became one of last year’s top news items. Earlier today (10 Aug), a Mongolian court decided to ban former Minister of Food,

Coking-coal miner MMC’s finance – worse than Fitch expectation

Mongolian Mining Corporation’s (MMC, B/Stable) 1H20 results showed that the coking-coal miner’s financial profile deterioration was worse than Fitch Ratings’ expectations due to the disruptions caused by the coronavirus pandemic. Nonetheless, MMC is not expected to breach the negative leverage

Mongolia reports no new cases of coronavirus for a week

Mongolia’s coronavirus cases reached to 293 on 3 August after two peacekeepers were confirmed as having COVID-19. Since then, three more recoveries have been reported with no new cases. So far, Mongolia has had 293 confirmed cases of coronavirus and

First phrase of railway to Tavan Tolgoi mine

Ulaanbaatar Railway (UBTZ) has completed construction of the first 50km of the 414.6km Talvin Tolgoi – Zumbayan 1520mm-gauge railway. The new railway will connect with the UBTZ’s central line and will transport coking coal from Tavan-Tolgoi in southern Mongolia, one

41-year-old Mongolian killed by lightning

A 41-year-old-man was killed and his 38-year-old wife injured when they were struck by lightning strike in southern Mongolia.

The couple from Deren Soum of Dundgovi Province were herding their livestock on Thursday when the lightning hit. The wife was badly

Silent protest of Mongolians stranded in USA

Waving small American flags and donning masks, the protesters—who appeared to be almost all Mongolians—plastered cardboard signs in both Mongolian and English to the embassy’s gates as passersbys strolled past in the torrid D.C. heat. Inscribed with messages such as

HeartHeartHahaHahaLoveLoveWowWowYayYaySadSadPoopPoopAngryAngry