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U.S. group urges cutting off aid to Mongolia citing ‘anti-western’ business practices PDF Print E-mail

Newspaper advertising published in the United States last week calls on the U.S. government to cut off aid to Mongolia unless the Mongolian government acts to “eliminate corruption and protect private property.”

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Mining Draft Laws Continue Through Parliament PDF Print E-mail

ImageParliament last week (April 17) started initial discussions of the draft amendments to the minerals law in a meeting held behind closed doors for “national security reasons.”

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Parliament’s Final Pre-Election Sitting Draws President’s Ire PDF Print E-mail

ImageThe State Great Hural (Parliament) opened its eighth and last session before the upcoming election this week, under sharp rebuke from President N.Enkhbayar.

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Mongolia and Monaco to establish diplomatic relations PDF Print E-mail

ImageIt was announced Thursday that Mongolia and Monaco will establish diplomatic relations. According to reports, discussions at the ambassadorial level had been conducted at the United Nations in New York.

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Prime Minister S.Bayar to visit the Russian Federation PDF Print E-mail

ImageS.Bayar, the Prime Minister of Mongolia, will visit the Russian Federation on 10-14, April. An official visit would be made at the end of last but it was extended. The Minister S.Bayar’s visit is being observed by many people.

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Foreign Minister Oyun completes talks in Beijing PDF Print E-mail

ImageMongolian Foreign Minister Sanjaasuren Oyun concluded talks this week with Chinese Vice President Xi Jinping in Beijing. The talks focused on cementing bilateral relations between the countries. China, in recent years, has made no secret of its seeking access to Mongolia’s undeveloped mineral wealth.

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Grand Evening of Piano PDF Print E-mail
Image“A Grand Evening of Piano” is the annual event and last year, Ms Oyungerel, finalist of the top pianists’ contest, in the name of famous pianist and composer Gonchigsumlaa, performed with support and accord of Mr. Bekhbat, the most eminent cellist of Mongolia.
In this year’s Grand Evening, Ms Tsolmon, the most eminent pianist, Ms Oyungerel and Ms Munguntsetseg, soprano are going to perform classical works of Rachmaninoff.
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New Mining Ownership Laws Will Pass With Bipartisan Support PDF Print E-mail

ImageBoth of Mongolia’s major political parties agreed to support draft mining laws this week.
The Mongolian People’s Revolution Party (MPRP) and the Democratic Party (DP) both offered support for the laws, which regulates large scale and strategic mining mineral deposits in Tavan Tolgoi and Oyu Tolgoi.

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Prince of Saudi Arabia to invest into Mongolia PDF Print E-mail

ImageN.Enkhbayar, the President of Mongolia, received representatives led by Al-Valid bin Talal Abdul Aziz Saud, the Crown Prince, and Amira, the Princess of Saudi Arabia. The Head of the State expressed, he is glad that they are visiting Mongolia.

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Officials says Mongolia to use its mineral wealth to forge closer diplomatic ties PDF Print E-mail

ImageMongolian Foreign Minister Sanjaasuren Oyun said Tuesday that his country will use its vast natural resources to forge closer ties with some of the world’s major powers.

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Experts say copper prices to remain high for next two years

Market observers believe Mongolian copper prices will remain high for at least the next two years. One of the main reasons given for the continuing high prices are delays to planned mining projects caused by increasing percentages of revenues being funneled off by governments in Mongolia and Africa.