Canada”s Khan Resources Inc has agreed to be bought by Beijing-based CNNC Overseas Uranium Holding Ltd in a deal that values the uranium explorer at USD52.9 million and gives the Chinese firm access to the Dornod field in Mongolia. Khan

President Ts. Elbegdorj presented the Golden Gerege award to Prince Andrew for his contribution toward publicizing Mongolia. The presentation of the award, whose recipients were named last month, was made on the sidelines of the World Economic Forum in Davos

The Mongolia Economic Forum to be held on February 8 and 9 in Ulaanbaatar under the auspices of the Prime Minister, is being eagerly  awaited by both domestic and international investors.
The North America-Mongolia Business Council Chairman Ed Story has said,

After its third quarterly review of Mongolia”s economic performance under the 18-month Stand-By Arrangement (SBA), the IMF emphasized the good progress on the macroeconomic stabilization made thus far and the positive economic growth outlook for 2010, driven by the spillover

Altogether 132 students of the Russian School-3 were sent to hospital after the first symptoms of food poisoning were detected on January 28.  Seven of the sick children were treated in the intensive care unit. Two are still there while

Arshad Sayed, Country Manager and Resident Representative of the World Bank in Mongolia has written in his blog that the Dzud is a slow natural disaster that kills livestock, and livelihoods. The text of his blog is given below.
Mongolia is

Head of the Prime Minister’s Office and Minister of Mongolia Ch.Khurelbaatar told MPs P.Altangerel, S.Byambatsogt, D.Gankhuyag and G.Zandanshatar on Friday that the Tavantolgoi deposit contains 6.42 billion tons of coal. About 28 percent or 1.8 billion tons of this can

Parliament agreed on Friday that minimum wages should be fixed on the basis of hours worked, and not months, as has been the practice since the socialist times.  The draft amendment was sent to the concerned Standing Committees which will

While population rises, the number of students in educational institutions of all types taken together fell 2.4 percent at the beginning of academic year 2009-2010 from the figure in the previous year. Excluding Mongolians studying abroad and those attending evening

The price of gold this year will likely rise above 2009″s record of USD1,226/oz  and could even climb as high as USD1,300/oz if the global economic recovery proves sufficiently sluggish and new investment money continues to enter the market, according