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Rio Tinto restarts Mongolian copper project

Rio Tinto, a Toronto listed mining group, is once again going ahead with its most important growth project, the Oyu Tolgoi copper mine in Mongolia.

The project began after the company reached an agreement with the government of Mongolia, and solved

Mongolia’s inflation rate hitting 9.6 percent as result of border closures

China’s zero-Covid policy continues to result in prolonged closures of the Mongolia-China border, causing supply chain disruptions, higher inflation and goods shortages.

New coronavirus cases continue to arise in China’s Inner-Mongolia province and there is understandable nervousness over the advent of the new

Sh.Enkhiin-Od moves one step closer to NBA

A son of well know Mongolian athlete, 19-year-old Sh.Enkhiin-Od moved one step closer to NBA. He is accepted into National Collegiate Athletic Association (NCAA) with full scholarship. This allows him to enter to the National Basketball Association.

Enkhiin-Od Michael Sharavjamts, a

U.Khurelsukh heads to Russia for first foreign trip as president

The President of Mongolia U.Khurelsukh has flown to Moscow today (15 December) pay an official visit to the Russian Federation. It is his first official visit to foreign country after becoming President of Mongolia in July.
During two days visit, President

Rio Tinto writes off Mongolia’s USD 2.3 billion debt

Rio Tinto Group will cancel $2.3 billion in debt owed by Mongolia as the miner seeks to push forward with expanding the giant Oyu Tolgoi copper project that’s been beset by years of disputes, delays and cost blowouts.

Rio’s Chief Executive Officer

Germany removes Mongolia from its Covid-19 high-risk list

Updating the list of countries that are highly affected by the COVID-19 disease, the German authorities have announced that five countries will be removed from the high-risk list on Sunday, December 12. According to the announcement, the following countries will

A shallow magnitude 4.7 earthquake shakes in Uvurkhangai

A shallow magnitude 4.7 earthquake was reported after midnight in Uvurkhangai, Mongolia.
According to the German Research Centre for Geosciences (GFZ), the quake hit on Thursday, December 9th, 2021, at 12:46 am local time at a shallow depth of 10 km.