News.MN - The source of news

Tuesday

2019/06/17

Dollar (USD)

2533.95

Ulaanbaatar

+19°C

Asian Buddhist Peace Conference to take place in Ulaanbaatar

The Gandantegchinlen Monastery is preparing to host Asian Buddhist Peace Conference on 21 June. A total of 500 delegates from 30 countries are expected to visit Mongolia for the conference. The event will take place at the newly constructed Battsagaan

Rockfall creates new lake in Mongolian Altai

A giant avalanche of rocks has resulted in the formation of a dam which has created a lake. This new feature was discovered during geological mapping of the Dund Tsenkher river valley in the Munhkhairkhan Soum (district) in the Western Mongolian Altai.

Mongolia to form General Office for Health Insurance

On 13 December, the Mongolian Cabinet decided to form a General Office for Health Insurance. This will be a government implementing agency, separate from Social Insurance. Health Minister D.Sarangere, has the responsibility for approving the strategic and structural change.

Erdenet Mining Corporation – a success story

The net profit of the Erdenet Mining Corporation (EMC), one of the biggest ore mining and processing plants in Asia increased by MNT 278 billion in 2017 after becoming 100 percent Mongolian owned.

Ulaanbaatar – a cheap place for expats

Ulaanbaatar has been named as one of the ‘lowest cost cities in Asia’ for expatriates to live and work. The latest cost of living data published by mobility solutions provider ECA International.

Mongolians await Geminid Meteor Shower

The annual Geminid meteor shower is expected to be the best meteor shower ever. The Geminids, which are bright meteors with long tails can be seen all around the world, but will be most impressive in northern countries on 13-14 December.

Mongolian judokas to battle in St Petersburg

Three days remain to the final International Judo Federation event of 2017 – the IJF Masters in St. Petersburg and still anything can happen to be ranked first in the world.

Exploration at Nuurstei Coking Coal Project

Aspire Mining Ltd (ASX:AKM) has successfully completed its fully underwritten $16.5 million pro-rata renounceable entitlement offer at an issue price of $0.012 per share.

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