Mongolia Brief August 27, 2014 Part III
Mining
Minister: About Oyu Tolgoi You will Lean Next Month
By B.
Amarsaikhan
Ulaanbaatar,
August 27 (MONTSAME) it was sounded on August 27 at the traditional "Open
mining' conference for the media.
Before its
break, a spring session of the State Great Khural (parliament) adopted laws on
petroleum and on minerals, "which has created a more comprehensible and
more stable legal environment in the mining sphere," the Minister
D.Gankhuyad said. Some works have already started but the regulations on
implementing these acts have not been issued yet, "and this makes foreign
investors wait". To improve the situation, a group has been formed which
has been working on seven regulations, three drafts of agreements and one set
of rules, he said. Regarding the law on petroleum, other regulations and rules
are being elaborated, he added.
17 out of 21
agreements proposals on exploration are about coal bed methane gas exploration,
"so such agreements are expected with “Erdenes Tavantolgoi” and “MAK”
(Mongol Alt Corporation) prior to others,” he said.
Other topics
the Minister touched upon were about 106 exploration and exploitation licenses
and the Ouy tolgoi ground mine. "Responsible parties will conclude by this
September 30 a discussion over the financing of this mine, two questions
awaiting their solution--the feasibility study of the mine, which must be
worked out by the OT company and considered by the Minerals professional
council, and OT's tax problem, which has been considered by a related
body," he said.
About
Statistics of Mining Sector
By B. Khuder
Ulaanbaatar,
August 27 (MONTSAME) In the first seven months of this year, Mongolia produced
565.7 thousand tons of copper concentrate, exploited 12.6 million tons of coal,
4.3 tons of gold and 222.9 thousand tons of fluorspar.
Moreover, the
country produced 3.7 million tons of iron ore, 56.4 thousand tons of zinc
concentrate and exploited 4.0 million barrels oil.
Against the
same period of 2013, the exploitation of copper concentrate increased 45.4%,
iron ore--by 18.0%, fluorspar--by 51.9% and oil--by 53.9%.
Mongolia
exported 10.4 million tons of coal, 703.9 thousand tons of copper concentrate,
1.8 thousand tons of molybdenum concentrate, 176.6 thousand tons of spar, 3.1
million tons of iron ore, 53.2 thousand tons of zinc, and 3.8 million barrels
of oil.
The coal export
rose by 25.8%, oil--by 45.7% and copper concentrate--twice against the export
size of 2013. Thus, money of 624.7 billion has been placed in the state budget
by the mining sector.
Civilians
to Spend Their Eco-Holidays at Khui Doloon Khudag Every Weekend
August 27
(infomongolia.com) As part of celebrations the 375th anniversary of the capital
city in 2014 and Friendly Ulaanbaatar Program implementation, the UB
Administration is organizing "Healthy Citizen - Eco Development"
program in two stages.
The first phase
is a Bicycle Tour-Holiday at Khui Doloon Khudag, Tuv Aimag from August 30 to
September 28, 2014 and the second is Snow Festival from December 01 to March
13, 2015.
In the scope of
the first program, bicycle tour, sales, renting, repair shop as well as other
sporting activities will be organized such as bicycle x-treme sporting, street
basketball, sand volleyball and a mini-park for children on every weekend
between 10 o’clock in the morning and 08:00 pm.
Moreover,
free-buses will be serving from State Academic Drama Theatre to Khui Doloon
Khudag every two hours and the opening ceremony will be held at 11:00 am on
August 30, 2014.
Related:
Altanbulag-Zamiin
Uud Highway plans move forward
August 27
(news.mn) Mongolia and China announced the launch of the “Steppe Road” project
during Chinese President Xi Jinping's state visit to Mongolia last week.
The foundation
of the “Steppe Road” project will be laid in September. This will be the start
of a massive project to build a highway that connects Altanbulag-Zamiin Uud.
Chinggis Land
Development Group-New Development Road partnership was selected for project
coordination of the 1,000 km highway construction project to be complete
in two to three years. Mongolia joined the Asian Highway Network, signing the
Intergovernmental Agreement on the Asian Highway Network with members of the
United Nations Economic and Social Commission for Asia and the Pacific, on
April 26, 2004.
The Asian
Highway Network, or the Great Asian Highway, is a 141,000 km network of roads
running across 32 countries. Mongolia will be responsible for building roads
on AH3, AH32 and AH4 within its territory.
The previous
Government of Mongolia and State Property Committee announced an open tender
for the Altanbulag-Zamiin Uud highway project on AH3 of the Asian Highway
Network in 2011. Chinggis Land Development Group-New Development Road was
selected from a number of national and foreign companies and banking financial
institutions.
As the project
coordinator, Chinggis Land Development Group signed a concession contract on
the highway's construction. This means the group will be the owner of the
highway from 2015 to 2040. The project coordinator will transfer the road's
ownership to the State in 2040 according to the concession contract.
D.Sumiya
makes it to WJC semifinals
August 27
(news.mn) Mongolian judoka IM D.Sumiya made her way to the World Judo
Championship semifinal in the 57 kg event, defeating Hungarian Hedvig Karakas
with a waza-ari score on the third day of the competition in Chelyabinsk,
Russia.
D.Sumiya will
now face Brazilian Rafaela Silva. WJC's 2013 gold medalist and 2011
bronze medalist Rafaela Silva leads the ะก division.
IM D.Sumiya was
ranked in the quarterfinal, defeating Israel's Camila Minakawa and Hungarian
Hedvig Karakas to proceed to the semifinal.
S.Nyam-Ochir
and Kh.Tsagaanbaatar leave WJC
August 27
(news.mn) Today is the third day of the 2014 World Judo Championships in
Chelyabinsk, Russia.
Over 750
judokas from 120 countries are competing in seven men's and women's weight
categories and team events.
Currently,
medal winners have been declared in the in men's 60 kg and 66 kg events and in
the women's 48 kg and 52 kg events.
Today, winners
in the men's 73 kg and women's 57 kg events will be named.
World champion,
Olympic bronze medalist, Labor Hero of Mongolia, and State Merit Athlete
Kh.Tsagaanbaatar competed in the men's 73 kg event, State Merit Athlete
S.Nyam-Ochir competed in the 57 kg event, and IM D.Sumiya competed in the
women's 57 kg event.
S.Nyam-Ochir
avoided facing his first rival in a bye and went on to defeat a Canadian judoka
with a yuko score in the second round. He then lost to Japan's Shohei Ono
by penalty and ended his bid for a tournament medal.
In the men's 73
kg event, Mongolian judoka Kh.Tsagaanbaatar lost by a waza-ari score to
Russia's Musa Mogushkow, ending the tournament for him on the third day.
FISU
Steering Committee meeting begins
By B. Khuder
Ulaanbaatar,
August 27 (MONTSAME) A regular meeting of the International University Sports
Federation’s (FISU) Steering Committee kicked off Tuesday in Ulaanbaatar city.
The Minister of
Culture, Sport and Tourism Ms Ts.Oyungerel addressed the FISU Steering
Committee meeting. Ms Oyungerel expressed thanks to the FISU for organizing its
Steering Committee meeting in Mongolia, and underlined that it was an
expression of widening of the Mongolian external ties in sport sector. She also
noted that Mongolia has an ambition to host the Summer Universiade of
2033,"it coincides with our President's appeal to host the 2040 Summer
Olympic Games".
The Minister
said Ulaanbaatar will host university world and Asian championships for some
kinds of sports, for instance, Mongolia has got a right to organize the 2016
World University Archery Championship.
The meeting
brought together Claude-Louis Gallien (France), the FISU president; O.Matytsin
(Russia), the first deputy president of the FISU; S.Berg (Sweden), L.Kabral
(Brazil), Zhang Xinsheng (China) and Leonz Eder (Switzerland), the FISU vice
presidents; and other high-level officials.
Agendas of the
Steering Committee meeting are strategy, policy and activities of university
sports, outcomes of university games and championships, planning and monitoring
issues, preparation for the 2015 FISU General Assembly, the FISU financial
matter, resolving ongoing problems, agendas for the next Steering Committee’s
meeting and their orders.
The meeting
will continue until Thursday.
Mongolia-Hungary
business forum to run
By B. Khuder
Ulaanbaatar,
August 27 (MONTSAME) A Mongolia-Hungary business meeting will be held September
5 in Ulaanbaatar.
Co-organized by
the National Chambers of Commerce and Industry of the countries, the upcoming
business forum will be attended by business delegates for infrastructure,
logistics, defense, IT, energy, agriculture, wood manufacture and construction
sectors such as Road Master Group, HM Electronics, Aquaprofit Company, Envirosan
DC, Herczeg and Partner Ltd, Perfekt Motor Ltd and others.
Will
UB host Universiade-2033?
By B.
Amarsaikhan
Ulaanbaatar,
August 27 (MONTSAME) The Mayor of the UB city has received Claud-Louis Gallien,
a president of International University Sports Federation (FISU).
He expressed an
interest in organizing Universiad-2033 festival in Mongolia. It is a common
standard of big cities to organize Universiade, prior to obtaining the right to
become the Olympic Games host city. For example, Moscow after Universiad-1973
organized 1980’s Olympic Games, Beijing also got the right to organize the 2008
Olympic Games after hosting Universiade-2001.
So, this event
has become a criterion for selection of the host city of Olympics. It can be
said that the preparation for hosting the Universiade-2033 in our capital city
has begun as the regular meeting of FISU steering committee is taking place here.
The meeting is to complete on August 28.
Training
on combating doping to be held
By B. Khuder
Ulaanbaatar,
August 27 (MONTSAME) A training for journalists entitled “Anti doping actions”
will be held Thursday in the headquarters of the Mongolian National Olympic
Committee (MonNOC).
This training
is held in a scope of the “Anti doping activities in Mongolia” project
implemented by the Ministry of Culture, Sport and Tourism, with a financing
from the Fund for Combating Doping in Sports at the UNESCO.
It is expected
the training will attract some 40 sport journalists from over 20 organizations.
Stock
Exchange news for August 27
Ulaanbaatar,
August 27 (MONTSAME) At the Stock Exchange trades on Wednesday, a total of 12
thousand and 074 shares of 12 JSCs were traded costing six million 010 thousand
and 035.00 togrog.
"Genco
tour bureau” /10 thousand and 010 units/, “Tavantolgoi” /470 units/, “Kherlen
khivs” /442/, “E-trans logistics” /441/ and "Merex” /300 units/ were the
most actively traded in terms of trading volume, in terms of trading value were
"Tavantolgoi” (MNT two million 373 thousand and 500), "Talkh chikher”
(MNT one million 999 thousand and 500), "Genco tour bureau” (MNT 860
thousand and 870), "Gobi” (MNT 421 thousand and 200) and "Baganuur”
(MNT 107 thousand and 400).
The total
market capitalization was set at MNT one trillion 615 billion 694 million 233
thousand and 221. The Index of Top-20 JSCs was 15,767.30, decreasing 10.87
units or 0.07% against the previous day.
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