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Big changes in Mongolia's uranium sector mean the country's top assets are now to be divvied up mainly between Russia and China, the giant neighbours whose influence the landlocked country is perennially trying to balance.
The entry of large Chinese and Russian firms has come at the expense of junior miners from Australia and Canada, some of whom were squeezed out when Mongolia passed a u

‘It’s great to be able to do something for women,” says Kim Rowan, above with her daughter, model Amber Jean Rowan, sporting a cute felt hat and scarf from Made in Mongolia (MIM). The pair are part of a group of well-known Irish women who have helped the Mongolian charity by modelling some of their latest fashion accessories.

Ivanhoe Energy announced today, November 30, that the merger between PanAsian Petroleum Inc. and an Ivanhoe Energy subsidiary has been completed. This merger, announced on November 18, 2009, provides Ivanhoe Energy with the exclusive right to explore, develop and produce oil or gas within Block XVI in Mongolia's Nyalga Basin.

Block XVI covers 16,839 square kilometres and is located app

Russian state uranium miner ARMZ plans an offer to acquire Canada's Khan Resources in a $33 million all-cash deal that would secure access to a large uranium field in Mongolia and boost its drive to expand abroad.

Prime Minister Vladimir Putin this year granted $1.5 billion to state nuclear giant Rosatom, the parent company of ARMZ, to boost the war chest of the world's second-largest

Mr. Takatoshi Kato, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement on Mongolia today:

“The Mongolian economy was hit hard by the global economic crisis earlier this year. The authorities’ strong policy implementation, however, has helped to quickly stabilize market conditions. Nonetheless, the repercussions from the crisis

According to the Ministry of Health, as of 10am, November 6th, there were 715 confirmed cases of people infected with A/H1N1 virus registered in Ulaanbaatar and 195 in the 17 provinces.

There were 51 patients being treated at the National Center for Infectious Diseases, from which 24 were still waiting for lab test results.

By Friday, the death toll of the virus had risen

The price of horse meat has risen in Mongolia, as a surge in H1N1 cases and dearth of vaccines has people turning to folk remedies.

Seven people died and 630 cases have been treated in the two weeks since the H1N1 strain of influenza first appeared in Mongolia, forcing the government to close kindergartens, extend a holiday for secondary schools and cancel sports and cultural event