Australian mining company TerraCom has moved ahead with its plans to exit Mongolia, inking a binding term sheet to divest of its Baruun Noyon Uul (BNU) coal mine for $2.

Under the terms of the agreement, Singapore-based buyer Bridge Resources will

Nights in Ulaanbaatar have been quiet for two months since bars and karaoke clubs were closed by decision of the city administration in order to prevent the coronavirus pandemic. Finally. To the delight of many, the places serving alcoholic drinks

As is well known, Mongolia’s rock sensation, the HU, has been stuck in Sydney, when the band’s Australian tour came to an abrupt end because of the virus. The four members of the HU appear to be in as good

Mongolia has 40 confirmed cases of coronavirus; all of them are imported. However, the country of three million still has high risks of local transmission developing into a large-scale outbreak. Therefore, the Mongolian National Emergency Management Agency (NEMA) will hold

Officers from the Independent Authority against Corruption of Mongolia have raided Tavan Bogd Group President Ts.Baatarsaikhan’s office.

According to official sources, the raid was carried out by the IAAC as part of an ongoing investigation into the Health Insurance Fund.

Ts.Baatarsaikhan, who

The Central Bank of Mongolia or Mongol Bank purchased 1.4 tonnes of precious metals from individuals and enterprises in April. The Bank’s purchase has reached 6.7 tonnes of precious metals; 5.0 tonnes being of gold since 1 January. This represents

Mongolia has reported its 40th confirmed case of Covid-19 after one of the passengers evacuated from Frankfurt, was diagnosed as having the coronavirus infection. The country of 3.2 million evacuated 274 of its nationals from the central Germany city with

The U.S. government today announced the MNT8.3 billion ($3 million) expansion of the bilateral assistance agreement between the United States Agency for International Development (USAID) and Mongolia’s Ministry of Finance to continue projects and implement new programs that support good

Mongolian eSports player Munkhbat, also known as ‘RobdiNNi’ Davaadorj has won first place in the ‘PUBG Mobile Club Open’ European Championship along with his team ‘KoninaPower’.  A total of 16 players competed in the tournament which was held on April

Mongolian rock sensation the Hu has released “Song Of Women”, featuring a guest appearance by Lzzy Hale of Halestorm. The track will appear on the deluxe edition of the Hu’s critically acclaimed album “The Gereg”. “The Gereg” deluxe edition will