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Archive for July, 2011

Mongolia and India sign agreements on mining, energy and defense sectors

Mongolia and India sign agreements on mining, energy and defense sectors

Jul. 29 | . The official meeting between the two Heads of State lasted close to half an hour, and has been described as highly productive and meaningful. They also met for the signing of the agreements after the Indian President was presented with a guard of honor...

Mongolia to Host International Military Peacekeeping drill

Mongolia to Host International Military Peacekeeping drill

Jul. 29 | South Korean troops will take part in a peacekeeping drill opening Sunday in Mongolia, the Joint Chiefs of Staff (JCS) here said Friday. Thirty-nine South Korean troops will be dispatched to Mongolia to join the annual Khan Quest exercise, slated for...

China to Learn Multilateral Negotiations in Mongolian Venture

China to Learn Multilateral Negotiations in Mongolian Venture

Jul. 29 | The Chinese state-owned mining company Shenhua has won the lead bid as part of a joint Chinese, Mongolian, Russian, and U.S. consortium to develop the western Tsankhi block of the Tavan Tolgoi coal mining field in Mongolia. Shenhua has been granted the...

Daily Mongolian Stock Exchange News

Daily Mongolian Stock Exchange News

Jul. 29 | 952.6 thousand Shares of 33 JSCs were sold at MSE totaling 279.05 million MNT trade. Total Shares of 33 JSCs were traded, share prices of 13 JSCs were increased, 8 JSCs were decreased but 12 JSCs were stable. Total Market Capitalization reached 2 trillion...

Indian President’s official visit to Mongolia begins

Indian President’s official visit to Mongolia begins

Jul. 28 | The President of India, Mrs. Pratiba Davinsingh Patil, was welcomed by Minister for Foreign Affairs and Trade G.Zandanshatar and Mongolian Ambassador to India D.Enkhbold on her arrival at Chinggis Khaan airport yesterday for a state visit. Mrs. Patil...

Mongolia expresses reservations about nuclear fuel repository plan

Mongolia expresses reservations about nuclear fuel repository plan

Jul. 28 | Mongolia has reservations about a plan to build a facility there to store or dispose of spent nuclear fuel from other countries, Japanese Foreign Minister Takeaki Matsumoto said Wednesday. Matsumoto told a parliamentary session that when he met with his...

Mongolian Daily Stock Exchange News

Mongolian Daily Stock Exchange News

Jul. 28 | 59.8 thousand Shares of 29 JSCs were sold at MSE today, totaling MNT 60.0 million. Total shares of 29 JSCs were traded, share prices of 13 JSCs were increased, 11 JSCs were decreased but 5 JSCs were stable. Total Market Capitalization reached MNT 2 trillion...

Geopolitics at a Mongolian Mine

Geopolitics at a Mongolian Mine

Jul. 28 | The Mongolian government is trying to divide a coking coal mine among Chinese, Russian and American interests A coalition led by China’s largest coal company Shenhua Group was granted a leading 40 percent share of a massive Mongolian mining project...

Chinalco signs $250 million deal with Tavan Tolgoi

Chinalco signs $250 million deal with Tavan Tolgoi

Jul. 27 | State Owned Erdenes Tavan Tolgoi (Erdenes TT) has agreed to sell $250 million worth of coal from the east Tsankhi deposit to Chalco. Erdenes TT said a signing ceremony was attended by China’s ambassador to Mongolia and delegates from Chalco. It...

Daily Mongolian Stock Exchange News

Daily Mongolian Stock Exchange News

Jul. 27 | 127.8 thousand Shares of 26 JSCs were sold at MSE yesterday totaling 71.3 million MNT trade. Total shares of 26 JSCs were traded, share prices of 7 JSCs were increased, 12 were decreased but 7 were stable. Total Market capitalization reached 2 trillion...