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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.

Duckwalking Mongolian Dinosaur Rescued From Black Market

With a long swan-like neck, flipper-like arms and long predatory talons, researchers say a newly discovered dinosaur species found in Mongolia could swim like a penguin and walk on land like a duck, Radio New Zealand reports.

Gobi coal truck queue nightmare: Minister seeks solution

D.Sumyabazar, Mongolia’s Minister of Mining and Heavy Industries visited the Gashuun Sukhait border crossing where custom workers are having difficulty coping with the daily 130 kilometers long queue of coal trucks bound for China.

Express train: Ulaanbaatar-Ulan Ude-Irkutsk

Ulaanbaatar Railway has unveiled its first ever express train travel on the route from the Mongolian capital Ulaanbaatar to Ulan-Ude, the capital city of the Russian Republic of Buryatia and from there to Irkutsk in Siberia, passing Lake Baikal en route.

Mining sector highest paid in Mongolia

Earlier today (12 December), the Mongolian National Statistical Office (NSO) issued the 2017 social and economic index data. According to the statistics, a total of 606.3 thousand employees from 38 thousand enterprises paid social security and health taxes.

Gazelles return to western Mongolia

A herd of Mongolian gazelles has returned to Uvs Provice, in the western part of Mongolia after sixty years. The animals have migrated from the Khom steppe of neighbouring Zavkhan Province.

Oyu Tolgoi to double gold production

Vancouver-based miner Turquoise Hill (TSX:TRQ) is expecting its majority-owned Oyu Tolgoi copper and gold mine in Mongolia to churn in 2018 more than double the amount of the precious metal forecast for this year, with operating costs dropping about 2.8%.

Mongolian herders supply to international cashmere brand

Luxury goods companies have increasingly opted to source their cashmere from Mongolia. As a result, the country’s exports of cashmere garments have nearly tripled from 2009 to 2016, according to a 2017 report by the Mongolia International Capital Corp. (MICC), a regional investment bank.

Mongolia developing eco-beauty brands

Several Mongolian eco-beauty brands are developing a new use for the tens of millions of yaks, goats and sheep on Mongolia’s vast steppes – a range of organic cosmetics and skin creams, often based on traditional recipes that are rapidly attracting attention from foreign buyers.

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