UK-based Barclays Capital is bullish on the copper outlook for 2010, expecting the commodity”s price to increase to USD8,000/ton in the first half of the year. Its research team forecasts that copper prices will increase to record highs in the

Finance Minister S. Bayartsogt has told Bloomberg that Mongolia plans to sell as much as USD1.2 billion of bonds overseas later this year in what would be its first sale of dollar-denominated debt, to fund infrastructure supporting its mining industry.

The formal ceremony to mark yokozuna Asashoryu’s retirement from sumo will take place on October 3. The 68th yokozuna, who has won 25 titles, will step into the sumo arena for the last time on that day. Fellow Mongolians yokozuna

Parliament Speaker D.Demberel last week discussed the 4th stage of the “Stand-by” program Mongolia is jointly implementing with the IMF, with Steven Barnett, Permanent Representative of the Fund here, and Rogier van den Brink, a senior economist of the World

A report in The Japan Times, appearing under the heading “Mongolian press ridicules JSA”, says several Mongolian newspapers have featured articles on their front pages reporting that a conspiracy was behind former yokozuna Asashoryu”s decision to quit sumo over his

There are four days to go before the world”s athletes take to the slopes and rinks at the Vancouver Winter Olympics, but the world”s artists are already drawing crowds to the Cultural Olympiad, which opened January 22 and runs to

Minister for Minerals and Energy D.Zorigt speaks about the Tavantolgoi deposit.
PM S.Batbold has said the Tavantolgoi license will be fully owned by the State and investors will be given contract mining rights. How exactly will this be possible?
The license is

Former President N.Enkhbayar, who heads an NGO called Countryside Development Center, is visiting the countryside with a team to meet herders and other citizens in areas badly hit by the severe winter. They plan to cover more than 2,000 km

DNA extracted from the bones of a skeleton in one of more than 200 tombs recently excavated at a 2,000-year-old cemetery in western Mongolia identifies him as a descendant of Europeans or western Asians or north Indians. That he was

The Mongolian Government has canceled the auction of an estimated USD2-billion stake in the Tavantolgoi deposit, one of the world’s largest undeveloped coal deposits, ending hopes of global mining giants eager for a slice of the project, sources said.
JP