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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Bears Beware! UB warns public

Ulaanbaatar city Administration has issued a warning of possible bear attacks on the public. The alert comes after footprints of the animal were found near the city over the weekend.

“A bear has left footprints in Sanzai – a residential area

Mongolia’s repatriation statistics

Director General of the Consular Department of the Ministry of Foreign Affairs L.Munkhtushig gave a statement earlier today (11 Aug) at a press briefing of the Operative Team of the State Emergency Commission (SEC).  Since 28 January, Mongolia has repatriated

Back to school? Mongolian parents to decide

The Mongolian Cabinet approved the decision of the National Emergency Commission to reopen the nation’s schools in September. To accommodate social distancing and safety guidance advice from Health Ministry, schools in Mongolia are planning to have children attend classes virtually

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

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