Mongolia

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Mongolia approves new PM Batbold

AFP Asian Edition 27 days ago

Mongolia's parliament on Thursday elected foreign minister Sukhbaatar Batbold as the resource-rich country's new prime minister, following the resignation of Sanjaa Bayar due to poor health. Batbold, a diplomat and economist educated in Moscow and London, received 62 of 66 votes cast ...

Mongolia parliament OKs PM resignation: state TV

AFP Asian Edition 28 days ago

Mongolia's parliament on Wednesday approved the resignation of Prime Minister Sanjaa Bayar, who was forced to step down by ill-health, state television reported. Bayar, who was seen as an economic reformer when he first became premier of the poor but resource-rich Asian ...

China invests $500 mln in SouthGobi Energy

AFP Asian Edition 29 days ago

China's sovereign wealth fund has said it will invest 500 million dollars in SouthGobi Energy Resources, a unit of Canada's Ivanhoe Mines with coal operations in Mongolia. The major investment in SouthGobi is the latest for the 200-billion-dollar China Investment Corp (CIC) ...

One escaped convict shot dead: China state media

AFP Asian Edition 36 days ago

Police in northern China shot and killed one escaped convict on Tuesday and captured his three fellow fugitives, state media reported, bringing a dramatic end to a four-day manhunt. The four men, all in their twenties, escaped together on Saturday after killing ...

Mongolia seals multi-bln-dlr copper mine deal

AFP American Edition 50 days ago

Mongolia on Tuesday sealed a long-awaited multi-billion-dollar deal with Canada's Ivanhoe Mines and Anglo-Australian miner Rio Tinto to develop one of the world's richest copper deposits. The deal to exploit the Oyu Tolgoi mine was signed by the three parties in a ...

Mongolia seals 4-bln-dlr copper mine deal

AFP Global Edition 50 days ago

Mongolia on Tuesday signed a long-awaited multi-billion-dollar deal with Canada's Ivanhoe Mines and Anglo-Australian miner Rio Tinto to develop one of the world's richest copper deposits. The deal to exploit the Oyu Tolgoi mine was announced in an statement by Rio Tinto ...

Mongolia to seal 4-bln-dlr copper mine deal

AFP Global Edition 51 days ago

Mongolia was set to sign a long-awaited four-billion-dollar deal with Canada's Ivanhoe Mines and Anglo-Australian miner Rio Tinto Tuesday to develop one of the world's richest copper deposits. The deal to exploit the Oyu Tolgoi mine -- more than six years in ...

Mongolia says to sign copper/gold mine deal

AFP Asian Edition 68 days ago

Mongolia hopes to sign a long-awaited deal with mining giants Rio Tinto and Ivanhoe by month's end to launch the vast Oyu Tolgoi copper and gold mine, the country's resources minister said Friday. Dashdorj Zorigt, the Asian country's minister for mineral resources ...

Mongolia stages 'world's longest horse race'

AFP Global Edition 73 days ago

More than two dozen horsemen raced across the finish line in Mongolia this month after a test of endurance that would have impressed even legendary conqueror Genghis Khan. The international group of riders pounded 860 kilometres (530 miles) across the Asian country's ...

Mongolian boxer wins light-flyweight world title

AFP Global Edition 74 days ago

Purevdorj Serdamba of Mongolia beat Russia's David Ayrapetyan 10-5 to win the light-flyweight world title here on Saturday. The Olympic silver medallist used his longer reach to pick off his bullish opponent in a bout he controlled since ending the first round ...

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