The FINANCIAL -- The EBRD and Mongolia’s largest bank Khan Bank have signed a participation agreement for USD 10 million under the EBRD Medium-Sized Co-Financing Facility (MCFF).
"The MCFF is designed to provide co-financing by EBRD for up to 50 per cent of Khan Bank’s loans to selected customers. This will allow Khan Bank to expand its lending capacity pro
TOKYO, July 29 (AP) - (Kyodo)—Japan and Mongolia agreed Thursday to closely cooperate with each other in the development of mineral resources and energy in Mongolia through technology transfer and investment, Japanese officials said.
Chief Cabinet Secretary Yoshito Sengoku met with visiting Mongolian Mineral Resources and Energy Minister Dashdorj Zorigt and brief
Aluminum Corporation of China (Chalco) has suspended its shares pending an announcement on an ''important discussion''.
Chalco's parent company, Chinalco, is in talks with Rio Tinto to buy a stake in the $US4.6 billion ($A5.09 billion) Oyu Tolgoi mine in Mongolia or the British company's partner in the project, Ivanhoe Mines.
A day after capturing his 15th career title, Mongolian grand champion Hakuho capped off a stellar performance with a superhuman feat against ozeki Baruto on Sunday, making him the only man in the history of sumo to win three consecutive meets with perfect 15-0 records.
Tokyo -- To the extent that Mongolia receives any attention in contemporary Japan, it is usually in the context of the minor scandals of former Yokozuna Asashoryu and the splendid recent performances of Yokozuna Hakuho.
It would be a mistake, however, to leave it at that, because Japan-Mongolia relations do seem to be picking up some momentum in recent months.
Heat waves will continue to sweep across many parts of Mongolia until Aug. 25, Mongolia's meteorological authorities reported Saturday.
With temperatures at 36-39 degrees Celsius, the eastern part of the country and the areas along River Orhon and River Selenge in northern Mongolia will experience a sultry weather in the summer heat, reported Mongolia's Institute of Me
The Mongol Rally is 10,000 miles of mountains, deserts, and bad roads.
Yet the prospect of no such luxuries as motorways and service stations certainly appeals to the adventurers of Cornwall.
The latest explorers to take up the Mongol Rally are David Sawyer and Matt Hawkins.
The duo have spent hours training for the event, or have they? Matt says the in
SYDNEY—The close relationship between global miner Rio Tinto Ltd. and Canadian company Ivanhoe Mines Ltd. appears to be unraveling just as their biggest joint project starts moving toward production.
At the center of the dispute lies a slow-motion tug-of-war over control of Mongolia's Oyu Tolgoi mine, the world's largest undeveloped deposit of copper and gold, du
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