mongoliaonline | Published

Gold production in Mongolia is growing rapidly and it saw a seventeen-fold increase between 1991 and 2001. But the real boost came in July 2001, when a Canadian company called Ivanhoe Mines found a large gold and copper deposit at Oyu Tolgoi  (turquoise hill). Foreign investment in the country on explorations soared. And the great Mongolian gold rush began with mining companies from aroun

ULAN BATOR, Aug. 30 (Xinhua) -- Mongolian State Emergency Commission on Monday announced an outbreak of contagious bird disease "Newcastle," the first time in the country's history.

The outbreak occurred at a commercial chicken farm in the Ulan Bator region. Chicken death was reported at the farm 10 days ago and experts confirmed the outbreak, tentatively concluding th

Mongolia hopes to move its comprehensive partnership with Japan to a new level, said Mongolian President Tsakhia Elbegdorj on Monday.

"Loans and assistance from the Japanese government and people have played an important role in strengthening the democracy and reform of Mongolia," said the president during a meeting with visiting Japanese Foreign Minister Katsuya Okada

NEW YORK--(BUSINESS WIRE)--The New York Society of Security Analysts (NYSSA) will hold its first conference on investing in Mongolia. Regional experts will discuss the country’s economic outlook and investment potential, and executives from Mongolian public companies will discuss their businesses.

Mongolia is expected to become one of the world’s fastest gr

Mongolian Mining Corp. received approval from the Hong Kong Stock Exchange for a $1 billion initial public offering, the first by a Mongolian company in the territory, according to two people familiar with the IPO.

Mongolian Mining, formerly known as Energy Resources, plans to list as much as 25 percent of its freely traded shares after the initial sale, said the people, who declined t

ULAN BATOR, Tuesday 31 August 2010 (AFP) - Bat -- a softly-spoken, smartly dressed 24-year-old Mongolian educated in Moscow -- points to the screen saver on his mobile phone with pride. It's a picture of the skull of a German SS officer.

Bat is the somewhat unlikely face of Dayar Mongol, one of three registered ultra-nationalist groups in Mongolia which sometimes take

Sept. 1 (Bloomberg) -- Mongolian Mining Corp. is selling about $700 million of stock in an initial public offering, the first by a Mongolian company in Hong Kong, according to a term sheet sent to investors by the sale’s arrangers.

Mongolian Mining, formerly known as Energy Resources, plans to price its shares on Sept. 24 and start trading on Oct. 5, the term sh

Mongolia, one day, hopes to export more than just coal to neighboring China.

At a recent cabinet meeting, Prime Minister Sukhbaatar Batbold outlined plans to ramp up the country’s investments in alternative energy and to export wind power to China — enough to equal 40 million tons of coal.