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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7220 households to be connected with central heating system www.montsame.mn

Ulaanbaatar/MONTSAME/. Today, Prime Minister U.Khurelsukh checked the ongoing process of infrastructure constructions in Bayankhoshuu ger area, Ulaanbaatar and gave assignments.

Within the framework to establish Sub-centers of infrastructure for ger area development, constructional works of the physical infrastructure to connect ger area with central heating system are currently underway in Songinokhairkhan and Sukhbaatar districts. By doing so, 7220 households of ger areas in the districts will be connected with the central heating system, which means that about 28.5 thousand people will be no longer to burn nearly 10 thousand tons of coal next winter.

Moreover, housing projects are expected to be implemented based on the installed infrastructure of the Bayankhoshuu and Selbe subcenters that are expected to be operational by 2020.

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Education plays important role in boosting China-Mongolia friendship: ambassador www.globaltimes.cn

Education has been playing an important role in strengthening bilateral cooperation and friendship between China and Mongolia, Chinese Ambassador to Mongolia Xing Haiming said here Thursday. Xing made the remarks during the opening ceremony of the 7th Congress of Mongolian Teachers in the country's capital of Ulan Bator via video message.

"Education is a vital part of people-to-people and cultural exchanges between to two countries, thus playing a significant role in bringing the two peoples closer and improving bilateral relations," Xing said.

According to statistics, at least 10,000 Mongolian students have studied in China in recent years, Xing said, adding that the Chinese government provides more than 200 government scholarships to Mongolian students each year.

The Chinese ambassador expressed confidence that the number of young Mongolians wishing to study in China will increase in the coming years.

Around 800 selected teachers from every corner of Mongolia participated in the congress to explore ways to address the pressing problems facing Mongolian teachers and the education sector.

The first Congress of Mongolian Teachers was held in 1935 with the most recent taking place in 1996, according to the Mongolian Ministry of Education, Culture, Science and Sports.

Currently, more than 40,000 teachers work in Mongolia's education sector and the average monthly salary of Mongolian teachers in public schools are around 240 US dollars, the ministry said.

Posted in: DIPLOMACY

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Cardin, Sullivan Reintroduce Bill to Increase Trade with Democratic Ally Mongolia www.cardin.senate.gov

WASHINGTON – U.S. Senators Ben Cardin (D-Md.) and Dan Sullivan (R-Alaska) introduced legislation Thursday to improve U.S. trade relations and economic ties with Mongolia, a democratic nation bordering Russia and China that shares many of the same values and national security priorities as the United States. The Mongolia Third Neighbor Trade Act recognizes Mongolia’s success as a democracy, strategic location; sovereignty; territorial integrity; and ability to pursue an independent foreign policy from its neighbors are of high importance to America’s national security. Congressman Ted Yoho (R-Fla.) and Congresswoman Dina Titus (D-Nev.) have introduced companion legislation in the House of Representatives.

Mongolia produces more than one-third of the world’s raw cashmere. Most of it is exported to China and the United States buys nearly all of its cashmere products from China. The Mongolia Third Neighbor Trade Act will allow for duty-free entry of Mongolian cashmere into the United States for items that do not compete directly with any U.S. products. A stronger bilateral trade relationship would benefit Mongolia and the United States by eliminating the shadow of unfair trade practices by China that likely have hampered the emergence of a Mongolian garment industry.

“Mongolia remains a stable democracy in a sea of authoritarianism, and contributes to U.S. national security goals in Asia and in the Middle East. The Mongolia Third Neighbor Trade Act will facilitate job and economic growth that can help both our countries. I am proud that this bipartisan legislation will make that possible,” said Senator Cardin. “Our bill also will help bring stability, employment and economic empowerment to the women of Mongolia who comprise most of the country’s garment industry.”

“Mongolia is an important friend and ally of the United States in a tenuous corner of the world,” said Senator Sullivan. “The Mongolia Third Neighbor Trade Act not only reaffirms the importance of this bilateral relationship, but also aims to enhance our ties and bolster industry in this growing democracy in the Indo-Pacific.”

Senators Cory Gardner (R-Colo.), Sheldon Whitehouse (D-R.I.), David Perdue (R-Ga.) and Patrick Leahy (D-Vt.), as well as Representatives David Price (D-N.C.), James McGovern (D-Mass.), Steve Cohen (D-Tenn.), Brian Fitzpatrick (R-Pa.), Don Young (R-Alaska) and Ralph Norman (R-S.C.), are original cosponsors of this bill.

“The Mongolia Third-Neighbor Trade Act is not just about imports of cashmere; it is smart policy that supports a strong, independent Mongolia that continues to be a beacon of freedom in the region and a strategic partner of the United States,” said Congressman Ted Yoho. “It is estimated that this simple act will create upwards of 40,000 jobs primarily for women who make up ninety percent of the garment industry in Mongolia. We look forward to this strong bipartisan, bicameral legislation being passed under Speaker Pelosi’s leadership and signed into law by President Trump.”

“This legislation sends a signal that the United States must be a strong partner with Mongolia along its path of democratic and economic development,” said Congresswoman Dina Titus. “By diversifying Mongolia’s economy and boosting local employment opportunities – especially for women – we can help this nation overcome its unique challenges to building a thriving, independent economy.”

The legislation makes a number of findings, authorizes the President of the United States to allow for duty-free imports of Mongolian cashmere while protecting certain U.S.-made products, would allow for the sunset of the agreement after 5 years, and requires periodic progress reporting from the executive branch to Congress.

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Mongolia to establish institute for Genghis Khan research www.xinhuanet.com

ULAN BATOR, April 11 (Xinhua) -- The government of Mongolia has decided to establish an independent institute for Genghis Khan research, local media reported Thursday, citing the government's press office.

The new institute will also help create a favorable environment for foreign scholars and researchers to conduct research in Mongolia, the reports said.

The decision is also part of the government's efforts to develop heritage tourism, the government's press office said in a statement.

By establishing the institute, it is possible to make the Genghis Khan studies as an independent branch of Mongolian studies, the statement said.

Genghis Khan (1162-1227) founded the Mongol Empire in the 13th century by uniting individual tribes in Northeast Asia.

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Mongolia Mining 2019 features traditional mining www.zgm.mn

Mongolia Mining 2019 International Mining & Oil Expo opens for the 9th consecutive year under the theme Responsible Mining-Sustainable Development at the Buyant Ukhaa Sports Palace. The expo will continue until April 12, 2019. The expo aims at featuring traditional mining and emerging oil industries of Mongolia with exhibitors and visitors representing the industry's major companies and the largest number of professionals.

"The mining industry plays an important role in Mongolia's economy. It is making up 87 percent of exports, 72 percent of industrial products, 24 percent of the gross domestic product and foreign capital, as well as 75 percent of the investment. In the first two months of 2019, Mongolia produced a total of 8 million tons of coal, 239.000 tons of copper concentrate, 856.2 kg of gold, 817 tons of molybdenum concentrate, 383.3 thousand tons of iron ore concentrate, 1.3 thousand tons of fluorspar concentrate, 15.900 tons of zinc concentrate, 1.1 million barrels of oil. Coal export increased by 1.5 million tons or 23.1 percent, copper concentrate 30.900 tons or 14.8 percent, ironore concentrate 32.600 tons or 9.3 percent, and zinc concentrate 1.000 tons or 6.7 percent respectively, compared to the same period of previous year," said the Deputy Minister of Mining and Heavy Industry Zagdjav Deleg said in his opening speech.

About 150 mining companies from over 20 countries including Canada, Czech Republic, Australia, USA, Germany, Kazakhstan, and Turkey are participating in the mining exhibitions and introducing their technical services.

The expo is organized by Minex Mongolia LLC with the support of the Ministry of Mining and Heavy Industry, Mongolian National Chamber of Commerce and Industry, Mineral Resources and Petroleum Authority, and Oyu Tolgoi LLC. Transwest Mongolia LLC, Tsbon LLC, Tsgn LLC, and Hera Equipment are the sponsors.

The expo is expected to promote mining companies’ social responsibility, environmentally friendly operations including the rehabilitation, and investments.

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Xanadu Mines scoping study confirms potential of Kharmagtai Copper-Gold Project in Mongolia www.miningcapital.com

Xanadu Mines Ltd (ASX:XAM) has completed an open pit scoping study at the Kharmagtai Copper-Gold Project in Mongolia, which confirmed the viability of near-surface copper and gold mineralisation.

The study confirms the company’s strategy to explore for high-value large copper porphyry systems in the area.

It has identified opportunities for further upside from extending the life of the planned open pit mine, assessing higher-grade underground options and evaluating oxide gold potential near-surface at several locations.

Xanadu's managing director and CEO Andrew Stewart said the open pit study clearly demonstrated that the Kharmagtai Copper-Gold Project was one of the leading development assets globally today.

He said: “The scoping study indicates the potential to develop a low strip ratio open pit mining operation in an accelerated time frame, with rapid payback of the life-of-mine infrastructure for future open pit and underground mining operations.

“Whatever lens you look through, whether it is value, strip ratio, cost, mine life, production profile or scalability we believe Kharmagtai has the potential to be an outstanding project.

“The study identifies many opportunities for further upside that will improve project economics both from extending the life of the open pit mine and targeting the high-grade Stockwork Hill and Copper Hill underground resources which represent a clear and compelling path to value creation and the ability to expand into a larger resource.”

The scoping study focuses on three zones of mineralisation – the Stockwork Hill, White Hill and Copper Hill deposits on which the upgraded resource estimate for Kharmagtai was based.

The mineral resource is unchanged from October 31, 2018, and demonstrates the mineralisation is robust and continuous with over 22% of the resource classified in the indicated category.

Optimisation of the mineral resource block model was completed using the Lerch-Grossman algorithm within Midnight Software – the optimised pits were then scheduled and pit designs were applied resulting in four phases of mining at While Hill, two phases at Stockwork Hill and a single phase at Copper Hill.

The study recommends that mining begins at Copper Hill targeting high-grade material, while the pre-strip is initiated for the White Hill and Stock Work Hill areas.

When the pre-strip is complete mining will proceed in phases assessing mineralisation from all three deposits.

Additional drilling planned
Based on the results, the company will progress additional drilling at the project and proceed with more advanced mining studies.

Underground mining targeting the high-grade Stockwork Hill and Copper Hill deposits has not been considered in this study but represents a compelling path to further value creation and the ability to expand into a larger project within the current and any future mineral resource upgrade.

Stewart said: "Excellent oxide gold recoveries at Golden Eagle complement the existing copper-gold resources and represent the opportunity for a low cost, high-value gold leach operation which could be run early in the development life of Kharmagtai, injecting significant cash into the project to offset the cost of developing a large-scale copper-gold deposit.

"Whilst the current resource provides an excellent platform for the company to join the ranks of copper producers in the coming years, we believe that the exploration potential holds significant value for shareholders.

"We are excited with recent drilling below the Stockwork Hill deposit which has demonstrated the existence of a significant new zone of bornite gold-rich porphyry mineralisation along strike and at depth of the current open pit resource.

"In addition, we are having success with our mineral resource evaluation drilling at the new Zaara discovery and Golden Eagle oxide gold prospect.

"We are very confident that these results will provide the basis for a significant increase in the size and grade of the overall Kharmagtai deposit and have a positive impact on ongoing economic studies.”

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Soldiers to contribute to Tavan Tolgoi railway construction www.montsame.mn

Ulaanbaatar/MONTSAME/. At its regular meeting today, the Cabinet discussed a State Policy on railway and issued a resolution. The resolution states that constructions of a 414 km Tavantolgoi – Zuunbayan railroad and a 267km Tavantolgoi – Gashuunsukhait railroad will be funded with internal source.

This year, Erdenes Tavan Tolgoi JSC earned profit of over MNT800 billion, of which MNT750 billion will be spent on purchasing bonds of Ulaanbaatar Railway JVC to finance Tavantolgoi-Zuunbayan railway project. Moreover, soldiers will be mobilized for the construction, informed B.Enkh-Amgalan, Minister of Road and Transport Development.

He said, “Previously, ‘Dornyin Zam’ Company sent its offer to build the railway in Tavantolgoi – Zuunbayan route for USD 3.2 million per kilometer. When soldiers are worked to this constructional work, it will take around USD1.2 million. This railway construction, which is expected to start next month, will involve 1800 soldiers and 454 machines and equipment. An average salary of MNT 2 million will be given to each soldier. A total expenditure on the the Tavantolgoi – Zuunbayan project is estimated to be over MNT780 billion.

Tavantolgoi Railway is in charge of the implementation of the 267km Tavantolgoi – Gashuunsukhait railroad, which is expected to be commissioned in the first quarter of 2021.”

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Rental flats to be available for ownership www.montsame.mn

Ulaanbaatar/MONTSAME/. Today’s Cabinet meeting approved a regulation on ownership of rental flats.

According to the regulation, tenants of the apartments of the State Housing Corporation of Mongolia (SHCM) will be able to own the flats they are renting.

In doing so, tenants can own the flats by two ways; they can be involved in the mortgage loan after paying 30 percent of the total payment, or can buy the flat by making equally-divided payment every month for up to five years under the agreement.

“The regulation is coming to effect today. The price of SHCM apartments is set at MNT1.4 million per square meter. Presently, there are 1512 rental flats throughout the country. It is intended to construct apartments for 1008 households with the non-refundable aid of China, besides spending USD500 million -worth investment of the Republic of Korea on constructing rental apartments,” reported Kh.Badelkhan, Minister of Construction and Urban Development.

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Mongolian ‘Deel’ export Deal www.news.mn

The Mongolian deel (pronounced “dale”) is a long tunic made from thick cotton material with narrow sleeves, a wide belt and a high stiff collar and has remain unchanged since the days of Chinngis Khan.

Mongolian designers are now targeting to export ‘deel’ to Inner Mongolia, as well as other countries. Urban Jeans, Mongolia’s first mass producer of jeans, exported its first batch of garments based on the deel to China in January, and has signed sales agreements with three distributors in Hohhot, the capital of Inner Mongolia.The company is also targeting sales in Southeast Asia, while Khadlan, another Mongolian manufacturer, is exporting winter deels to neighbouring Russian provinces.

D.Tungalag, who founded Urban Jeans with savings accumulated during a 10-year stint in the U.K., said there is a thriving market for ethnic designs in Mongolia, where the company released its first designs just before the 2016 Mongolian summer festival of Naadam.

Modernized versions of the deel usually retain the distinctive standing collar of the traditional garment, but incorporate elements of Western forms such as skirts, dresses or jumpsuits. Traditional motifs such as shoulder and waist buttons are kept for aesthetic purposes, but practical improvements such as zips are added for urban practicality. Designers often decorate outfits with Mongolian ornamental patterns.

Some Mongolians complain that designers have made the modernized deel look too much like traditional dress in other Asian countries, such as the Vietnamese Ao Dai or the Chinese Qipao, largely by fiddling with the high collar. But B.Enkhbaatar, who makes deels under the brand KADR, is sanguine about the similarities in Asian attire, saying that many foreign styles originated in Mongolia. (Source: Nikkei Asian Review)

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In the footsteps of Roy Chapman Andrews – with NASA technology www.news.mn

Across the stark steppes of the Gobi Desert, the largest desert in Asia, accounting for roughly 30% of Mongolia, almost a hundred years ago, a unique cavalcade of old motor vehicles made its way northwest from Peking. The cars and their passengers, which must have left the Gobi’s nomadic herders gawking in amazement on those days in 1920, was an expedition in search of the remains of early man and was led by a prototype of Indiana Jones – the US naturalist Roy Chapman Andrews. What they came across, however, was far older than ancient human remains – a nest of dinosaur eggs! This discovery – the first of its kind – was to lead to a host of fossil excavations putting Mongolia on the map as a veritable treasure trove for palaeontologists.

Just this past summer, the Hong Kong chapter of the Explorers Club, together with the Mongolian Institute of Palaeontology and Geology, traced a similar route through the desert, this time using NASA technologies, such as drone-mapping, multispectral and thermal imaging – the same technology used to explore Mars – to collect data and help identity fossil sites.

On the 20-day Roy Chapman Andrews Centennial Expedition, the 35-person team found potential evidence of at least three previously unknown dinosaur species and excavated 250 new dinosaur fossil sites.

This is just one of the club’s many adventures in destinations around the world.

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