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Rio Tinto faces fresh investor revolt over Mongolia mine

Rio Tinto is facing the latest revolt from investors in its huge copper and gold deposit in Mongolia’s Gobi Desert.

Pentwater Capital, the US hedge fund, is seeking the appointment of a new independent director to represent the interests of minority shareholders

Child protection: a Not-To-Forget Topic during quarantine

Due to COVID-19 in February, 2020 the government of Mongolia has declared a “high state of alert” within the country especially because of the land border with China. In relation to the declaration, one of the decisions made by the

Mongolians used dairy food products since 3000 BCE

Known as ‘White Food’ in Mongolia, the wide range of dairy-based products is a key part of the national diet. These include ‘aaruul’ – which is a rock-hard product of curds, and the famous ‘airag’ – or fermented mare’s milk.

Scientists

SME Fund Scandal: MP B.Batzorig presents resignation

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 (23 April) it reached another decisive point when Minister of Food, Agriculture

Mongolian Parliament to hold online session for first time

The State Great Khural, as the Mongolian Parliament is known, will open its spring session on 6 April. Due to coronavirus pandemic, the spring sessions of parliament and meetings of the standing committees will be held remotely using an online

Mongolia to ensure a good harvest in the year of the pandemic

Last year, a total combined area of 478 thousand hectares was cultivated for crops in Mongolia. The cultivation starts mostly in late-April or early May.

Earlier today (3 April), the Ministry of Food, Agriculture and Light Industry announced that a soft

Mongolia postpones mortgage repayment due to pandemic

In 2013, the Mongolian government started implementing a mortgage loan programme to increase the affordability and accessibility of apartments for urban residents, particularly young families and those living in ger districts. As of December, 2019, over 95,000 borrowers had received

Getting back to normal? Mongolia renews coal exports to China

Mongolia exported some 90,000 tons of coal to China in March, the Mongolian Customs General Administration (MCGA) said on Thursday (2 April). The country resumed exporting coal to China in mid-March after a halt beginning 10 February due to the

Ulaanbaatar Railway JSC – achievements and headaches!

The Mongolian-Russian joint venture Ulaanbaatar Railway made a historic achievement in 2019 by transporting an unprecedented volume of freight. The Mongolian line is extremely important – it is an extension of the famous Trans-Siberian Railway and links Asia with Europe.

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