1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Erdene to pour first gold at Mongolia mine in 2025 www.mining.com

Erdene Resource Development (TSX: ERD)(MSE: ERDN) said on Tuesday it expects to pour first gold at its Bayan Khundii project in southwestern Mongolia in late 2025, when it will become one of the country’s primary producers of the precious metal.
Announcing results of an updated independent feasibility study for Bayan Khundi, chief executive officer Peter Akerley said the mine will be one of the world’s highest grade open-pit gold operations.
Highlights of the study include a base case after-tax net present value of $170 million, using a 5% discount rate, and 35.3% internal rate of return (IRR), increasing to $196 million and 38.95% IRR, respectively, at the current gold price of $1,900 per ounce.
Production is expected to average 74,200 ounces of gold a year at an all-in sustaining cost of $869 per ounce over its 6.5-year mine life.
Compared with the 2020 feasibility study, total recovered ounces increased 25% to 476,000 ounces thanks mainly to the incorporation of additional resources from Bayan Khundii and the Dark Horse Mane deposit.
“Through our strategic alliance with MMC, Mongolia’s largest independent miner, we are moving rapidly towards production,” Akerley said. “In the meantime, we continue to explore, discover and develop the other mineral deposits in our Khundii minerals district.”
While coal has been one of Mongolia’s main mining exports, the country has been investing in sustainable development, with initiatives in green agriculture and renewable energy.
The country is also host to Rio Tinto’s (ASX, LON: RIO) Oyu Tolgoi, which will become the world’s fourth-biggest source of copper at its peak production, in 2030.
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New glass greenhouse structure completed in Mongolia www.hortidaily.com

Mongolia, a landlocked country in East Asia, is now home to an impressive new glass greenhouse spanning over 800 square meters. This innovative project aims to revolutionize vegetable cultivation in the region, ensuring a steady supply of fresh, locally-grown produce. The glass-covered greenhouse provides an ideal environment for vegetables to thrive. The transparent walls allow ample sunlight to penetrate, ensuring optimal photosynthesis and growth. Additionally, the controlled temperature and humidity levels inside the greenhouse create an ideal microclimate for plants. This means that regardless of the harsh Mongolian climate, vegetables can now be cultivated throughout the year.
The introduction of this new greenhouse is a game-changer for Mongolia's agricultural sector. Previously, the country heavily relied on imported vegetables, which often resulted in high prices and limited availability. However, with the establishment of this state-of-the-art facility, local farmers can now cultivate a wide variety of vegetables, reducing the need for imports and ensuring a stable supply for the domestic market.
Furthermore, the greenhouse offers an opportunity for farmers to diversify their income sources. Many traditional Mongolian farmers have relied solely on livestock farming, which is heavily dependent on weather conditions. With the addition of vegetable cultivation, farmers can now secure a more stable income throughout the year. This not only benefits the farmers but also strengthens the overall resilience of the agricultural sector in Mongolia. The new glass greenhouse is not only economically beneficial but also environmentally friendly. By growing vegetables locally, the need for long-distance transportation is greatly reduced, resulting in lower carbon emissions. Additionally, the controlled environment inside the greenhouse minimizes the use of pesticides and herbicides, promoting sustainable farming practices.
Moreover, the glass greenhouse serves as an educational center for aspiring farmers and students interested in agriculture. It provides a platform for knowledge sharing and practical training, ensuring the transfer of modern farming techniques and practices. This contributes to the development of a skilled workforce and promotes the adoption of advanced agricultural methods in Mongolia.
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“Ulaanbaatar-2023" East Asian Youth Games to Start Tomorrow www.montsame.mn

The Opening Ceremony of the “Ulaanbaatar-2023" East Asian Youth Games will start tomorrow at 20:23 at the Central Stadium.
Mongolia will host the Games until August 23. Inspections and rehearsals for the opening of the Games have been held, and the organizers have prepared many surprises.
"Ulaanbaatar 2023" East Asian Youth Games opening and tournament tickets can be ordered on the TICKET.MN website and purchased at ticket sales points.
Seven of the nine East Asian National Olympic Committees will participate in the Games, in which 808 athletes will compete, and 226 coaches, 123 technical and referee representatives appointed by Asian sports federations, and 191 national judges and technical staff, altogether 1600 men, and more than 1,000 volunteers will be engaged. Over 400 artists will perform in the Opening Ceremony, and the Games will commence with a boxing match.
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3 suspected cases test negative for bubonic plague in Mongolia www.xinhuanet.com

Three suspected cases tested negative for bubonic plague in Mongolia's capital, the country's National Center for Zoonotic Diseases said Tuesday.
The samples were taken from three people who have recently eaten marmot meat in the eastern provinces of Khentii and Sukhbaatar, said the agency.
Although hunting marmots is illegal in Mongolia, many people regard the rodent as a delicacy and ignore the law.
On Aug. 8, one case of bubonic plague was confirmed in Ulan Bator, home to over half of the country's 3.4 million population.
Seventeen out of all the 21 Mongolian provinces are now at risk of the bubonic plague, the agency said, warning the public against eating the meat.
The bubonic plague is a bacterial disease that can be spread by fleas living on wild rodents such as marmots and can kill an adult in less than 24 hours if not treated in time, according to the World Health Organization.
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The Blue Sky Messengers to give concerts in Mongolia www.akipress.com

The Blue Sky Messengers is a Mongolian-European youth jazz orchestra created by EUNIC in Mongolia in cooperation with European and Mongolian partners. It consists of students, recent graduates and teachers from the music conservatories of Aalborg, Paris, Munich, Klagenfurt and Ulaanbaatar.
The orchestra will be in Mongolia from late August to early September 2023. It will rehearse for one week at the Yeruu lodge in Selenge province.
The Blue Sky Messengers will give concerts at the Zaluuchuud Theater in Darkhan (August 26) and Beatles Square (August 29), at the Philharmonic (August 30) and at the Fat Cat Jazz Club (from August 31 to September 2) in Ulaanbaatar.
Before traveling to Mongolia, participating students and faculty will collaborate online to create a unique repertoire representing each participating country and Mongolia as the host country.
The project is funded by EUNIC, the Franco-German Cultural Foundation, and the implementing members of EUNIC Mongolia, Alliance Française Ulaanbaatar, the Austrian Embassy in Beijing, the Danish Cultural Institute in Beijing and the Goethe Institute of Mongolia with the support of the EU Delegation to Mongolia.
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How the lives — and sexual freedoms — of Genghis Khan’s Mongolians helped shape a civilisation www.ft.com

Three and a half long decades ago, when central Asian regions such as Tajikistan and Uzbekistan were still in the grip of the Soviet Union, I embarked on a postgraduate study of how Islam and communism were interacting in a Tajik village. But since the KGB was omnipresent, I knew that I would not get a visa if I revealed my PhD topic.
So instead, I told the Soviet authorities that I wanted to study Tajik wedding rituals — a topic deemed to be politically acceptable for Soviet anthropologists then. And, to my delight, it turned out to be a better choice than I had ever imagined: not only did I get the backing of the Soviet academic system, but my study of marriage rituals, gender relations, sexuality and reproduction became a brilliant “key” to unlock the local culture, to cite anthropologist Nancy Tapper.
Now a Mongolian anthropologist called Baasanjav Terbish has used the same key to explore the past 800 years of her native country. The results in her book, Sex in the Land of Genghis Khan, are utterly fascinating, offering a compelling perspective on the political economy of the region made famous by Genghis Khan. After all, as she notes, “human sexuality is a product of culture” and “a profoundly political issue”.
Her account provides a powerful companion to a more conventional new study of the region, Empires of the Steppes, from the esteemed historian Kenneth Harl, which sets out to be a definitive account of its different tribes. Think of the latter as a macro-frame to Mongolian history, while the former is a micro-level account of what happened on the ground — or, more accurately, in people’s beds.
Terbish’s story starts — like most accounts of the region — with the era just before the rise of the 13th-century ruler Genghis Khan. She freely admits that “until modern times, Mongols themselves did not write about their sexual lives”, meaning that definitive information is sparse.
But, from the accounts that do exist, she notes that the shamanistic cultures of the period did not view sexuality with shame and women enjoyed an unusually high level of freedom. While strictures against adultery were introduced during the Genghis Khan era, these were a tool of political discipline and control as much as anything else — men who had established alliances with other men through marriage did not want their lineages confused.
Women who were unmarried were generally given more sexual freedom, and even when Islamic norms were adopted by Genghis Khan’s descendants, such as the llkhanate established in the mid-13th century, they were looser than one might expect in many Muslim states.
“The Muslim world of the Middle Ages, including the territory over which the Ilkhanate ruled, was very different from today’s Islamic world,” Terbish writes. “During that period, it was common for Islamic scholars to engage theologically in issues relating to all aspects of sex, which gave birth to a rich tradition of Islamic sexology.” Who knew?
She had at least seven children by six different men. Rather than receiving a public dressing-down, the state pinned the medal of Glorious Mother of the First Class to her chest
This pattern predominated for centuries until the socialist era, with benefits (such as a relative lack of shame about sexuality and freedom for women) and costs (syphilis was rampant in 19th-century Mongolia, as horrified Russian doctors noted).
But when the communist regime took control, in the early 20th century, the pattern shifted: as in the Soviet culture I studied, party officials assumed that the state should have control of peoples’ lives — and bodies.
One consequence was that women were encouraged to produce as many children as possible, even when unmarried. “My paternal aunt, who lived her whole life in Dundgobi province, was notorious in her youth,” recalls Terbish, who uses her own life experiences to make the book extremely readable. “She enjoyed sexual intimacy with many married and single men, giving birth to at least seven children by six different men. Rather than receiving a public dressing-down, the state pinned the medal of Glorious Mother of the First Class to her chest.”
However, communist officials also insisted that the only acceptable form of sexual encounter was heterosexual, suppressed expressions of pleasure or passion, and left citizens living in such cramped conditions that sex was often impractical. This was also true of the wider Soviet Union.
The most interesting — and tragic — twist in this tale, however, is the arrival of the post-Soviet era: Terbish explains that when the communist state collapsed, many social norms crumbled as well. That has emancipated some people. But Mongolian nationalists are increasingly espousing a vision of pre-communist nationhood based on a mythical (and historically inaccurate) sense of puritanism, coupled with xenophobia. Indeed, the book opens with a scene of a Mongolian prostitute having her hair shaved off by nationalists after serving a Chinese client.
The lessening of socialist controls has also led to sexual abuse, alcoholism and sex trafficking. Sexuality, in other words, provides a good metaphor for the chaos of regime change, as in many other post-Soviet countries; indeed, if I have one key criticism of the book, it is that not enough parallels are drawn with other regions where similar dynamics have played out.
Harl’s account of Central Asia takes a radically different tack: he aspires to write “a sweeping narrative covering forty-five centuries” (yes, really) of the region’s nomads, ranging from well-known names, such as Genghis Khan and the Mongols, to the less familiar Scythians, Parthians, Khazars and Tocharians.
This is harder to digest than Terbish’s account, not just because of the lack of salacious material, but also because the account is dense and many of the peoples described are little known in the west. That, in a sense, should be no surprise: although Central Asia has been a crucially important crossroads and engine of history for Asia, the Middle East and Europe, after the demise of the Silk Road 600 years ago — and the rise of marine trading routes — Europe became less interested. And during the cold war the region became so difficult to access that it was often treated like a blank point in the map.
But this sense of mystery is why I first ventured there. And it is also why the two books are worth reading. After all, we live in an era where so-called “Great Game” geopolitical rivalries are resurfacing and the world is scrambling to get hold of the commodities that sit in these vast lands. Now, more than ever, we need a better understanding of this area and its history — whether panoramic or intimate.
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Premier Assigns to Prepare for Winter Tourism www.montsame.mn

Based on the recognition of the "Welcome to Mongolia" events in the international tourism market, the concept and strategy for winter tourism should be developed as soon as possible and start to take necessary steps to realize it,” the Prime Minister of Mongolia Mr. Oyun-Erdene Luvsannamsrai assigned the relevant officials during the second meeting of the National Committee on Development of Tourism on August 14.
“As the number of tourists increases, the issue of sanitary facilities becomes more pressing. Based on the feedback from tourists, modern sanitary facilities have been built along the key tourist destinations,” noted the PM and Head of the National Committee on Development of Tourism, tasking the officials to make calculations for solving the issue of sanitary facilities completely, study on renowned international consulting companies in the tourism sector, which have the potential for the cooperation in making an assessment on the current state of the tourism sector of Mongolia and defining tourism brands.
The Premier also stressed the significance of steadily developing the tourism sector through public-private partnerships by intensifying the implementation of the newly revised Law on Tourism, transferring management of tourism operations to the professional association, and improving relevant laws, policies, and regulations.
Mongolia has received 387,034 tourists so far this year, and it is expected to reach 500 thousand by October.
 
 
 
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Nuseir Yassin, the founder of world-famous content creator Nas Daily, arrived in Mongolia www.gogo.mn

Nuseir Yassin, the founder of world-famous content creator Nas Daily, arrived in Mongolia on August 13.
Ch.Nomin, the Minister of Culture, posted on her social media "Nuseir Yassin, the founder of Nas company, which has more than 70 million followers worldwide, has landed at Chinggis Khaan International Airport to organize the Nas Summit of international content creators in Mongolia. Over 20 content creators with millions of international followers will participate in "Nas Summit-2023", with the purpose of promoting Mongolia to the world".
Nuseir Yassin (age 31) is an Arab-Israeli content creator. "Nas" means "people" in Arabic.
He is most notable for creating over 1,000 one-minute-long videos. At first, he did not post videos on YouTube, only on Facebook. His videos reached many people and within two years he had 10 million followers. He made 1000 videos of one minute, and since 2019, the length of the videos has been extended. Currently, his team is aiming to make a video featuring special places and people in the world.
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More than 100 machinery and equipment to be purchased for the urban landscaping and structures of floods www.gogo.mn

A regular meeting of the capital city authorities was held. In the previous meeting, the Mayor gave tasks in 13 areas. As part of winter preparations, 658 measures are being implemented in 25 areas, and the implementation rate is 72 percent.
This year, out of 16 road repair locations, five locations have been completed. In 18 locations, about 40,000 square meters of sidewalks and bike paths were constructed. About 64,000 square meters of potholes were repaired, and more than 49,000 square meters of road were marked.
The Mayor has given tasks on transparently and openly organizing the first grade and kindergarten enrollment and registration in the capital's general education schools in accordance with the relevant laws and regulations. Registration of kindergarten children is ongoing at 56 percent.
In nine districts of the capital, 32 organizations operate in the field of waste transportation, cleaning and services. There are 509 registered garbage trucks, but 385 of them are in used. Moreover, 207 garbage trucks are more than 10 years old. In other words, about 50 percent of the machinery is obsolete.
In addition, urban landscaping and road cleaning companies have submitted the list of necessary equipment, and 187 machines are in need. Ulaanbaatar has a sister-city relationship with Chongqing, China. In this context, more than 100 machinery and equipment, which are primarily needed for the purpose of urban landscaping, structures of floods, will be purchased at discounted prices.
East Asian Youth Games to kick off tomorrow
The East Asian Youth Games will be held in Ulaanbaatar on August 16-23. Of the nine National Olympic Committees in East Asia, seven will participate in the Games. Specifically, more than 1600 people, including 808 athletes, 226 coaches, 123 representatives of technical and referees appointed by Asian sports federations, 191 local referees and technical staff, will participate.
Preparations for the competition have been completed and will start tomorrow with a boxing match. More than 1000 volunteers are working on the Games and more than 400 artists are working at the opening. The opening ceremony will be held tomorrow, August 16, at 20:23 at the Central Stadium.
At the end of the regular meeting, the Governor of the capital city and Mayor of Ulaanbaatar D.Sumiyabazar gave the following tasks:
· To increase and intensify the garbage, cleaning and transportation of public streets and roads and in residential areas and camping areas;
· To intensify the road repair on the streets of residential and ger areas through investments, and to work to monitor and ensure the safety of the environment;
· In connection with the increase in traffic, to create conditions for free movement of public transport services on the first lane of the road, to improve the monitoring of number restrictions, and to work on regular monitoring of implementation;
· To ensure the safety of general education schools and kindergartens, to check the operation of surveillance cameras, and to intensify comprehensive measures to prevent children from risks;
· To organize an extended fair for the new academic year, to ensure environmental safety and traffic regulation, and to monitor.
MEDIA AND PUBLIC RELATIONS DEPARTMENT OF THE GOVERNOR’S OFFICE OF THE CAPITAL CITY
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Iron ore price falls on worries of steel output cut in China www.mining.com

Iron ore prices fell on Monday as expectations of steel output cuts in China and weakness in the country’s property segment weighed on sentiment.
According to Fastmarkets, benchmark 62% Fe fines imported into Northern China fell 2.26% on Monday, to $103.01 per tonne, the lowest since May.
The most-traded January iron ore on China’s Dalian Commodity Exchange dipped 0.4% to 725 yuan ($99.88) per metric ton.
On the Singapore Exchange, the benchmark September iron ore contract slumped 2.4% at $100.3 metric ton, as of 0730 GMT, shedding gains from the prior session.
The Singapore contract earlier dipped below the psychological threshold to $99.90.
“[Citi’s] industry discussions suggest that crude steel control targets will likely be finalized by August 15, and local governments and mills could make their own production control plans thereafter,” the bank said in a note, mirroring earlier concerns from the southwestern Yunnan province.
“This is supportive of steel margins, but likely has negative implications for iron ore. However, the actual impact will still depend on how local governments enforce cuts amid the weak macro environment,” the analysts added.
Lackluster Chinese demand and property market deterioration also added pressure.
China’s new bank loans tumbled in July and other key credit gauges also weakened despite policymakers cutting interest rates and vowing to roll out more support for the faltering economy.
Chinese property giant Country Garden’s debt problems deepened after its onshore bonds were suspended, sending its shares plunging 16% to a record low on Monday.
($1 = 7.2585 yuan)
(With files from Reuters)
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