The Oyuolgoi investment agreement, signed on October 6, will take full effect on April 6 when operations will formally begin. Ivanhoe Mines Mongolia Inc (IMMC) has already been renamed Oyutolgoi LC. 
The investor’s technical and economic estimates were sent back

Minister for Education, Culture and Science Yo.Otgonbayar has sent a letter to UNESCO about issues that are troubling the minds of Mongolian people. In his letter, the Minister said the Mongolian Government regrets the way objects of Mongolian national culture

Altogether 396 policemen injured during the July 1 incident have received MNT 442.5 million as compensation. The individual amounts paid depend on the nature and extent of the injury and vary between 3 and 36 times their monthly salary.
Minister for

The concession law, approved by Parliament last month, will come into effect on March 1. MP Ts.Munkh-Orgil (MPRP), a member of the working group to draft the law, MPs S.Byambatsogt (MPRP) and D.Odkhuu (DP), and G.Bailishuu, adviser in the Government

Parliament yesterday approved B.Javkhlan as first vice president of Mongolbank by 93.9 percent votes and also N.Zorjargal as vice president by 87.2 percent. Earlier, Mongolbank President L.Purevdorj had submitted the names for approval. The new appointments take effect from February

Troubled sumo grand champion Asashoryu has announced his retirement. The Mongolian national icon, known for his temperamental nature, leaves the sport amid a recent scandal in which he was accused of seriously injuring a man during a drunken rampage. The

P. Khashchuluun, head of the National Development and Innovation Agency, has said in a report on the progress of implementation of Millennium Development Goals (MDGs) that 66% work has been done on six of the nine MDGs and 18 of

The University of Oregon has completed a project to document and analyze a remote, little-known, yet fascinating area of the world. The Mongolian Altai Inventory Project is an atlas, website and digital photo archive that showcase ancient archaeological discoveries from

Minister for Internal Affairs Ts.Nyamdorj has said families of all the casualties of the July 1 incident has taken the compensation offered by the Government. However, the father of E.Dorjsuren, one of the five who died that night, has not

Prime Minister S.Batbold yesterday met with the working group on Tavantolgoi, set up by Parliament to prepare general procedures for exploiting the mine. The group consists of representatives from the Ministries for Mineral and Energy, Finance, Nature, Environment and Tourism,