Prime Minister S.Batbold has clarified the thrust of the proposed reforms in the social welfare program. Last year, MNT71 billion was distributed to 1.3 million people, about 45,900 people were helped find jobs and 18,900 people were enrolled in professional

The exploration and corporate highlights of Entrée Gold Inc. in 2009 include signing of the long-awaited Oyu Tolgoi Investment Agreement between the Mongolian Government and Entrée’s joint venture partner, Ivanhoe Mines Ltd. and largest shareholder, Rio Tinto; the  conversion of

SouthGobi Energy Resources, 79 percent-owned by Ivanhoe Mines, aims to boost its coal production in the Gobi desert by more than sixfold to 8 million metric tons by 2012, CEO Alexander Molyneux has said at a media briefing at the

B. Tuvshinbat of Mongolia was given $2,500 as the best boxer at the Shaheed Benazir Bhutto International Boxing tournament which concluded in Karachi last week. The tournament ended with China claiming four gold, one silver and two bronze medals to

Colorful dealmaker Robert Friedland is seeking new options for his current venture, Ivanhoe Mines, as it starts building a massive copper-gold mine near Mongolia”s border with resource-hungry China. The company, which has partnered with mining giant Rio Tinto in Mongolia,

Copper rose to new multi-month highs on Wednesday, as bullish market sentiment was reinforced by upbeat US new factory orders data, aided by concerns over harsh cold weather in parts of China. Shanghai copper thus staged 10 consecutive days of

SouthGobi Energy Resources has sold a coal project in Indonesia to concentrate on its property in Mongolia. “The sale will enable SouthGobi management to further focus on our Mongolian operations and projects,” a company statement said.

Jinshan Gold Mines Inc. has entered into a memorandum of understanding with Monnis International Inc. to jointly explore and develop gold projects in Mongolia.
Since its establishment in 1998 as an official distributor of Nissan Motor Co. in Mongolia, Monnis

Gulfside Minerals Ltd., which owns the Onjuul coal project, has reported the successful completion of Phase 1 of its drilling program there. Ten holes have been completed in this phase, and 10 or more holes are planned to be completed

The final result of the livestock census reveals that Mongolia has 43 million 657 thousand livestock, a figure that is up by 0.9 percent compared to last years’s.
This number includes 275.1 thousand camels, 2206.7 thousand horses, 2579.6 thousand cattle,