Garrison International Ltd. has announced that construction of a processing facility on its Tovshiir gold project in Mongolia has recommenced. Blair Krueger, president of Garrison, reports,"The financial crisis that significantly delayed Garrison in the development of this operation is now behind the company.

Parliament Speaker D.Demberel has met with a team from the European Bank for Reconstruction and Development led by Olivier Descamp to discuss areas of cooperation.

Regular Shareholders’ meeting of ‘’Bayangol hotel’’ JSC will became at restaurant of the company at 16 o’clock, April 08, 2010.

Rio Tinto is planning to expand its next generation technology program, Mine of the Future, to develop new equipment and systems for deep underground mines.

Despite assurance from Minister for Minerals and Energy D.Zorigt that the contract mining method favored by Prime Minister S.Batbold to allow Mongolia to retain 100% ownership of would find takers, there has so far been no indication how investors see the proposal.

Japan Bank for International Cooperation, the state-run lender that backed a 100 billion yen ($1.1 billion) Samurai bond issue by the Philippines last month, approached Vietnam and Mongolia to discuss similar sales, the Bloomberg said.

Rio Tinto has agreed to acquire 15 million shares in Ivanhoe Mines Ltd at a subscription price of C$16.31 per share, increasing its ownership in Ivanhoe Mines by 2.7 per cent to 22.4 per cent. The total consideration for this acquisition is C$244.7 million.

According to a briefing by the Director of the Government Office, Ch.Khurelbaatar, the Government meeting on Thursday heard the report of the Director of the Nuclear Energy Authority on several issues in the uranium sector, including how licenses are issued and how foreign license holders have been selling their shares.

Energy Resources LLC, a closely held coking coal producer in Mongolia, is considering an initial public offering in Hong Kong or London, the majority shareholder said according to the Bloomberg.

The Oyu Tolgoi copper-gold deposit’s feasibility study was returned back to its investor of Ivanhoe Mines Mongolia Inc. Parliamentary Standing committee on security and foreign policy set up a working group to revise the technical and economical feasibility study of the Oyu Tolgoi project.

There is good news for those in Mongolia who favor IPOs to raise money internationally for industrial and mining expansion in the country.

The Government meeting yesterday reviewed the progress of work on the Oyutolgoi project. Minister for Minerals and Energy D.Zorigt said 7 of the 12 issues to be resolved in the six months before implementation begins have been resolved.

There are 1,170 mines and over 8,000 sites containing 80 types of minerals registered in Mongolia. The mining sector accounts for 30 percent of GDP, 65.5 percent of total industrial products and 88.2 percent of exports.

Prime Minister S.Batbold has said initial public offerings of Mongolia's State-owned mineral assets could take more time, as the Government works on upgrading the stock exchange to facilitate dual listings,.

Compared with the previous month, the national consumer price index increased 2.3 per cent, against the previous year - by 5.7 per cent,respectively.

Mongolia is now desiring to make a historic jump to economic revolution, Prime Minister S.Batbold said in his opening speech at the first ever meeting of Mongolia Economic Forum in Government House, Ulaanbaatar, on Monday.

(BDSec) -- On 09th of March total 166.09 million MNT worth of 21 stocks traded on Mongolian Stock Exchange.

9th week of this year then were 1293.53 thousand shares of  31 listed companies traded with total transaction value of 620.89 million MNT.

(BDSec) -- On 05th of March total 411.23 million MNT worth of 19 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 03rd of March total 91.80 million MNT worth of 19 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 02nd of March total 33.92 million MNT worth of 15 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 01st of March total 21.58 million MNT worth of 10 stocks traded on Mongolian Stock Exchange.

8th week of this year then were 3008.85 thousand shares of  35 listed companies traded with total transaction value of 1120.70 million MNT.

(BDSec) -- On 26th of February total 61.18 million MNT worth of 19 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 25th of February total 1.00 billion MNT worth of 22 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 24th of February total 14.62 million MNT worth of 16 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 23nd of February total 17.21 million MNT worth of 11 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 22nd of February total 27.59 million MNT worth of 10 stocks traded on Mongolian Stock Exchange.

7th week of this year then were 291.91 thousand shares of  24 listed companies traded with total transaction value of 582.95 million MNT.

(BDSec) -- On 19th of February total 55.58 million MNT worth of 14 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 18th of February total 515.11 million MNT worth of 12 stocks traded on Mongolian Stock Exchange.

(BDSec) -- On 17th of February total 12.25 million MNT worth of 15 stocks traded on Mongolian Stock Exchange.

6th week of this year then were 328.42 thousand shares of  37 listed companies traded with total transaction value of 136.75 million MNT.

(BDSec) - On 12nd of February total 16.13 million MNT worth of 16 stocks traded on Mongolian Stock Exchange.