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BEIJING Aug 2 (Reuters) - Landlocked Mongolia sits on vast quantities of untapped mineral wealth and analysts say it could be one of the fastest growing economies of the next decade, as well as a key investment target for global mining giants.


The $5 billion Oyu Tolgoi project, jointly owned by Ivanhoe Mines (IVN.TO: Quote) and the Mongolian government, will be the wor

TOKYO, Aug 03, 2010 (Dow Jones Commodities News via Comtex) -- Japan Bank for International Cooperation said Tuesday it has signed an agreement with the Mongolian government to enhance ties in the areas of energy and mineral resources.


Through this, JBIC hopes to help Japanese companies seal more deals in the central Asian country, the Japanese national bank said in a

In a city centre gym, two girls pound nine bells out of each other, to roars of approval from the crowd.


Wrestling, not boxing, is the sport most people associate with Mongolia but the latter is becoming more and more popular, thanks in part to the achievements of one man.


He is sitting in the stands, watching the bout intently. His name is Badar Uugan Enkhbaty

Mongolia's lower-tax coal sector could rob global market share from Australia, Canadian billionaire mining executive Robert Friedland says.


Mr Friedland, who chairs the Toronto stock exchange-listed miner Ivanhoe Mines Ltd and its 90 per cent owned Ivanhoe Australia Ltd, said "Mongolia could kill Australian coal" because its mining tax was lower than in Australia.


Ivanho

Megafirm Megafirm Hogan Lovells, which was created earlier this year through the merger of U.K.-based Lovells and Hogan & Hartson, is planting its flag in Mongolia.


LegalWeek reports the firm is entering the country through a formal alliance with Mongolian firm GT’s Advocates. According to LegalWeek, Hogan Lovells is the first transatlantic firm to enter Mongolia.


(Reuters) - Khan Resources Inc said a Mongolian Administrative court ruled in its favor and invalidated the Nuclear Energy Agency's (NEA) decision to cancel its unit Khan Resources LLC's mining licence, sending its shares up 32 percent.


Khan said it will continue the process of re-registering its licenses for both its units in the country under the Nuclear Energy Law of Mongolia

ULAN BATOR, Aug. 3 (Xinhua) -- A group of children from China's earthquake-stricken Qinghai province arrived in Mongolia on Tuesday for an eight-day visit.


A ceremony was held at the Nairamdal international children's center, 27 km from the capital city of Ulan Bator, to welcome the 59 children and youngsters from Qinghai in western China, which was hit by a major earthquake in

Their right hands rise to black-clad chests and flash out in salute to their nation: "Sieg heil!" They praise Hitler's devotion to ethnic purity.


But with their high cheekbones, dark eyes and brown skin, they are hardly the Third Reich's Aryan ideal. A new strain of Nazism has found an unlikely home: Mongolia.



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