Archive for March, 2008

Urged To Exploit Asgat Deposit

Prime Minister Bayar has visited to Tsagaannuur village of Nogoonnuur soum, Bayan-Ulgii aimag on March 24 2008.
During the visit local authority, border authority and free economy zone of Tsagaannuur soum reported about their activities.
Local community members are urging Prime Minister to move forward on exploiting Asgat silver mine, to halt scandalizing around the deposit […]


The Drilling of the Canadian Company at Khuduu Aral Has Been Stopped Again

Canadians drilled almost half of Khuduu Aral
The Canadian “Sheiman Resource Mongolia” company started drilling work for its oil exploration operation at Khuduu Aral, the territory of Delgerkhaan soum, Khentii aimag. The company breached several laws and provisions and it was stopped by MP B.Baterdene and “Khuduu Aral” movement together with local community members. But on […]


Chairman of the Board of Energy Resources LLC J.Odjargal: Since It’s a Major Deposit, We Respect State Policy, Being Patient

Yesterday, on behalf of the Government of Mongolia, Kh.Narankhuu, Minister of Industry and Commerce signed with Energy resources company on the agreement to transfer 96 percent of Tavantolgoi deposit to state ownership. During the event, we got views of Mr. J.Odjargal, Chairman of RGC of the Company.
Could it be beneficial for the company as […]


A Team of International Consultants Are to be Invited

The government meeting decided it was proper to select and conclude an agreement with a team of international consultants, which would advise and consult on use of strategic deposits to the Cabinet, according to regulations and organize it within April. The selection shall be made in conformity with laws and regulations and advises and consults […]


Deal With Energy Resources Is Negotiated

A task group, formed by the Government of Mongolia to negotiate and deal with Energy Resources LLC, owner of special permission of Tavantolgoi deposit, on December 2007, held nine negotiations with the Company. As a result of the negation the parties reached on a consensus to transfer Tavantolgoi deposit to state as follows:


Director General of the U.S. Foreign Service Visits Mongolia

U.S. Embassy Press Release
March 19, 2008
Ambassador Harry K. Thomas, Jr., the Director General of the U.S. Foreign Service, visited Mongolia March 18-19. Ambassador Thomas is the top State Department official for human resources, and met with Mongolian and American staff and family members at U.S. Embassy Ulaanbaatar.
He called on State Secretary for Foreign […]


The Arabian Billionaire Visited To Mongolia

Delegates, lead by Prince of Saudi Arabia Alwaleed Bin Talal Alsaud and Princess Amira, paid one day visit to Mongolia on Tuesday evening, March 18, 2008 and departed yesterday. He is visiting to the Asian countries. During his stay in Mongolia, he attended to the President of Mongolia and met with The Prime Minister of […]


The Mongolian-American Business Forum Will Be Organized

In April 2008, the business forum will be organized in Washington D.C. by the Embassy of Mongolia in United States, Department of Commerce of United States and Foreign Investment and Foreign Trade Agency of USA. Interested companies can be registered at FIFTA of Mongolia until March 28 2008.
The main focus of the forum is the […]


Request to Attend the ITB as a Guest is Submitted

The world’s leading travel exhibition was held in Berlin, Germany last week. Per year an average of 10 thousand companies attends and 180 thousand people visit the exhibition, which has been traditionally organized since 1966. This time, representatives of 11 companies, headed by Mr. D.Batkhuyag, Deputy-Minister of Road, Transport and Tourism attended the exhibition, advertising […]


Open Society Forum Sent a Policy Advice to the Government

STATE EQUITY IN THE MINING INDUSTRY
OPEN SOCIETY FORUM
The Government and the Hural should keep in mind a number of considerations as they move to amend the Minerals Law to impose a requirement of 51 percent equity ownership by the state of all strategic resources.

By law and the Constitution, the people of Mongolia […]