Archive for March, 2012

• President Elbegdorj is paying official visit to Germany

  Mar 30, 12 • 11 Views • News • Badrakh Batkhuyag • No Comments

  President Ts.Elbegdorj’s visit to Germany began yesterday. The Mongolian President is paying official state visit at the invitation of German President Joachim Gauck. Ts.Elbegdorj will hold bilateral talks with President Gauck, meet with German Chancellor...

• Mongolian banks pressured from overheating growth

  Mar 28, 12 • 8 Views • Banking, News • Badrakh Batkhuyag • No Comments

  Mongolian banking sector needs additional liquidity and capital to support strong loan growth says Fitch Ratings in a new report. “The pace of credit growth in the Mongolian banking sector has been rapid even by comparison with other emerging markets....

• Mongolian Mining Corp. Launches $600m Debut Bond Issue

  Mar 26, 12 • 11 Views • Finance, Mining, News • info • 1 Comment

  Landmark corporate bond issue. Mongolian Mining Corp. (MMC), the largest Mongolian coking coal producer with 7.1Mt of total coal output in 2011, successfully sold US$600mn 5-year 8.875% guaranteed senior notes on 22 March, 2012. The interest is payable...

• Shenhua hopes to restart talks on Tavantolgoi after Mongolian Parliament election

  Mar 26, 12 • 5 Views • Mining, News • Badrakh Batkhuyag • No Comments

  Shenhua hopes to restart talks on Tavantolgoi after Mongolian election Shenhua Energy Co Ltd , China’s largest coal producer, expects its negotiations to invest in Mongolia’s giant Tavan Tolgoi coal mining project to restart after the...

• “Confidential” Agreement made by the former Minister Battulga is revealed

  Mar 25, 12 • 17 Views • Infrastructure, News, Politics • business • 1 Comment

  MP. Khurelbaatar, Chairman of the Cabinet Secretariat of the Government of Mongolia, has confirmed that “secret” agreement, made between Korean side, by MP Battulga, during his service at the Government of Mongolia in charge of Infrastructure,...

• The Unconventional Oil & Gas Summit•China 2012

  Mar 20, 12 • 14 Views • Energy, Mining, News • Amarsanaa • No Comments

  With the support of Wade, Natural Gas Roundtable, CEDIGAZ, Global Industry Connects Consultancy will organize the Unconventional Oil & Gas Summit•China 2012(UG2012) in Zhengzhou, Henan Province, China during 12th-15th, September, 2012. On December 31st,...

• Mongolia: Ringing the changes

  Mar 19, 12 • 50 Views • News • oxfordbusinessgroup • 1 Comment

  Underlining the rapid evolution under way in Mongolia’s telecommunications sector, the state-run, land-line telecoms provider is cutting back while the main mobile players are introducing new features and announcing major international partnerships. In...

• Haranga Resources defines maiden JORC Iron Ore Resource at Selenge, Mongolia

  Mar 19, 12 • 6 Views • Mining, News • Badrakh Batkhuyag • 1 Comment

  Haranga Resources has defined a maiden JORC Resource for the Selenge Iron Ore Project in Mongolia. The JORC Inferred Resource is based at the Bayantsogt prospect, one of four primary exploration targets at Selenge. It comprises 32.8 million tonnes of iron ore...

• Mongolia sends more troops to Afghanistan

  Mar 16, 12 • 9 Views • Government, News, State Affairs • Badrakh Batkhuyag • No Comments

  130 Mongolian soldiers have been flown to Afghanistan for a peacekeeping mission. The soldiers, who left for Afghanistan on Wednesday, will serve as security guards at American garrisons under the U.S. “Enduring Freedom” military operation according to...

• Rapidly Growing Mongolia Hopes to Avoid Overheating

  Mar 14, 12 • 4 Views • Economy, Mining, News • Badrakh Batkhuyag • No Comments

  Mongolian Prime Minister Sukhbaatar Batbold said a tight monetary policy and budget discipline will check the rate of inflation and prevent Mongolia’s economy, one of the world’s fastest-growing, from overheating. Buoyed by a wave of foreign...