1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

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

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Mongolia Economic Update - Robust but Unbalanced Growth (November 2023) www.worldbank.org

Mongolia’s economy is projected to grow by 5.8 percent in 2023 and 6.2 percent in 2024 as the mining sector expands, private consumption recovers, and fiscal expansion stays strong, according to the World Bank’s latest semi-annual Mongolia Economic Update.
In the first half of 2023, Mongolia’s economy exhibited robust growth, primarily propelled by the mining sector. Early indicators suggest that this growth trend has persisted in the latter half of the year. Nevertheless, growth has been markedly uneven, with the non-mining sector trailing behind, underscoring the economy’s heavy reliance on the mining sector and its heightened exposure to mining sector cycles.
In the medium term, economic growth is expected to accelerate, averaging above 6 percent in 2025-2026, driven by a substantial increase in mineral production as Oyu Tolgoi’s 2023 mining production is anticipated to more than double by 2025.
Yet, significant downside risks persist. These risks encompass lower mineral exports prompted by slower-than-expected growth in China, as well as uncertainties on coal offtake agreements. Additional risks include inflationary pressures stemming from both further domestic fiscal expansion and heightened geopolitical tension in the Middle East, potentially resulting in higher oil prices.
An analytical chapter focuses on Mongolia’s trade opportunities in digital services, which could help diversify the country’s economy. Mongolia’s strongest opportunities to bolster its digital services growth and trade are in software development, telecommunications, and digital marketing. However, despite progress in telecommunications and internet penetration, considerable constraints remain in digital infrastructure, including slow network speeds, cybersecurity vulnerabilities, and a shortage of highly skilled professionals.
“While the ongoing surge in mining exports is bolstering macroeconomic conditions, the sustainability of these positive trends calls for continued reforms aimed at diversifying the Mongolian economy and enhancing its resilience to commodity price cycles,” said World Bank Country Manager for Mongolia Taehyun Lee.
The report emphasizes the need for fiscal moderation to mitigate inflationary pressures and enhance macroeconomic stability, thereby stimulating private sector investment and bolstering global market confidence. In addition, the report recommends improving social protection efficiency to safeguard household consumption without spurring inflationary pressures.
In the medium term, the report suggests rebuilding fiscal buffers to respond to shocks and create space for future investments, including under the New Recovery Policy. To promote economic diversification through digital services, the report advises enhancing digital infrastructure and establishing initiatives to upgrade digital skills.
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The Buryats Who Fled Soviet Russia And Now Thrive In Mongolia www.rferl.org

Thousands of Buryats, a distinctive ethnic minority in Russia, fled tsarist conscription during World War I as well as the Soviet repressions that followed to form their own microcosm of Buryat culture in a remote region of Mongolia.
Karina Pronina, a journalist with the Siberian online magazine Lyudi Baikala, visited the north Mongolian village of Dadal where some of these Buryat emigrants settled in the last century, and came back with this report, which has also been published by RFE/RL's Siberia.Realities.
In 1924, a starving Buryat family left their village of Bada, in the south of the nascent Soviet Union, and fled toward Mongolia. During the weekslong journey, it's said that one of the women, exhausted, placed her baby daughter on the ground. She covered the infant’s face with a scarf to keep the flies away, then hurried after the rest of the group.
"Soon a relative asked her, ‘where is your child?'" says 74-year old Yumzhavyn Tsevelmaa, a direct descendant of that same woman. “They forced her to return and pick up her child. If they hadn’t done that, I wouldn’t be standing here talking to you now.”
Tsevelmaa was born and has lived all her life in the Mongolian village of Dadal, where some 70 percent of the 3,000 inhabitants are descendants of Buryat migrants who left the Buryatia and Transbaikal regions of today's Russia at the beginning of the 20th century.
Buryats are an ethnic minority of Siberia whose population of around half a million largely follow a blend of Buddhism and Shamanism. The Buryatia region has been hit hard by the Russian invasion of Ukraine, with thousands of Buryat men being mobilized to fight. Buryatia has reportedly suffered the highest casualty rate of any region behind only the neighboring Tuva Republic. Around 50,000 ethnic Buryats currently live in Mongolia.
“They were afraid for themselves and for their children,” Tsevelmaa says of the reasons her relatives fled the Soviet Union as it was being formed. “The Russian Civil War had just ended, there was a famine. In Mongolia, my family felt safe.
Over time, the new arrivals began to thrive in Mongolia. “They were resourceful and hardworking,” Tsevelmaa says. "Everything they earned was kept in chests. There was jewelry, Chinese silks, coral, leathers."
But in the 1930s, during communist purges in the Mongolian People's Republic, “everything was shaken out of those chests and confiscated,” Tsevelmaa says. “The Buryats were called traitors and enemies. They were accused of betraying the Soviet Union because they fled the country.”
When Mongolia's Soviet-backed authorities arrested Tsevelmaa’s grandfather he reportedly told others not to worry, saying, “I’m not guilty of anything.” Her grandfather put on his best clothes, got on his favorite horse and rode off to give himself up for interrogation. He was later executed.
Like many other residents of Dadal, Tsevelmaa believes the repression of Buryats in Soviet-backed Mongolia took place on the personal orders of Josef Stalin in Moscow. But the former teacher’s views of Russia today are without emotion. “We need to be friends with Russia, because it is our neighbor. A very big neighbor,” she says.
Dadal is located in northeastern Mongolia, just 34 kilometers away from the Russian border but nearly 400 kilometers from the Mongolian capital, Ulan Bator, as the crow flies. Half of that journey is across rough dirt roads of the steppe.
“Don’t bother asking Google,” a driver in Ulan Bator laughs when I check the driving time to Dadal on my phone. The navigation app claims a travel time of seven hours. In fact, we drive for some 14 hours. When we arrive, my mind and body are so jarred from the endless shaking that it seems like we’ve arrived in a Russian village.
Instead of Mongolia’s endless steppes and sheep herds, here there are lakes, rivers, and meadows. In a pine forest near the entrance to Dadal, fine edible mushrooms grow on the side of the road.
The feeling of distance from Mongolian culture intensifies inside Dadal. There are no yurts -- the traditional houses of nomadic farmers in the East Asian country -- everyone here lives inside wooden houses, many with cows and roosters wandering outside.
Gelegzhamsyn Purev, 77, and his wife, 70-year-old Dugarzhav Dolgormaa, live on the outskirts of Dadal.
With his camouflaged hunting jacket and flat cap, Purev looks like any ordinary pensioner from a Buryat village in Russia. But he was born in Dadal and speaks no Russian, only a mixture of Buryat and Mongolian.
The Purev family are prosperous livestock managers, owning 1,000 sheep, 100 cows, and 200 horses. Purev doesn’t call himself a farmer, but modestly introduces himself as a pensioner. His business success came through selling milk and cottage cheese to workers toiling on roads in the region.
Dugarzhav Dolgormaa serves dandelion honey, made with 200 grams of flower heads and 200 grams of sugar brought to a boil over low heat.
Dugarzhav Dolgormaa serves dandelion honey, made with 200 grams of flower heads and 200 grams of sugar brought to a boil over low heat.
Purev says his relatives fled to Dadal from Buryatia in 1924. The settlers walked with children, livestock, and their possessions loaded onto a cart. When they crossed the border of the fledgling Soviet Union, they tied the dog's muzzles shut so they couldn’t bark, and wound rags around their horses' hooves to muffle the sounds of their escape from any potential border patrols.
Buryats left for Mongolia in three waves. The first wave came at the beginning of the 20th century when ethnic Russian settlers arrived in Buryatia en masse, squeezing the indigenous population out of pasture areas for livestock.
The second wave took place during World War I as Buryats were being mobilized to assist the Russian Army. Despite not being assigned to frontline fighting roles, many died from harsh conditions in the military.
The third wave of Buryat settlement in Mongolia came after the 1917 Bolshevik Revolution and the conflict that followed.
“The Russian Civil war became an accelerating factor [of resettlement],” says Ivan Peshkov, the head of Central Asian studies at Poland’s Adam Mickiewicz University in Poznan.
By 1934 there were already 35,000 Buryats living in Mongolia, mostly in regions along the Soviet border, Peshkov says.
Today, most descendants of the settlers know little about how the exodus took place -- potentially dangerous knowledge during the Soviet period -- but some legends have been handed down through the generations.
Badam Baterdene, a guide at the local museum, says his family arrived in 1902 as one of the first to move to Mongolia. Baterdene's great-great-grandmother was five years old at the time. According to the myth-like family story, she was riding in a cart, fell asleep on the way and tumbled out without the adults noticing.
“In the morning they realized the girl was missing,” Baterdene recounts. When a relative retraced their route he saw the girl riding toward him “on a dog,” which had allegedly guarded the child.
It's estimated that some 20,000-35,000 “enemies of the revolution” were executed in Mongolia under communism. As in the U.S.S.R., the peak of repression in Mongolia occurred in the 1930s. Buddhist monks were the first to be targeted, then Buryat migrants.
“According to my Mongolian colleagues, a third of the Buryats living in the country were arrested.” Peshkov says. “Of those, around a quarter were shot. The rest were imprisoned, exiled to Siberia, fired from work, or restricted in employment.”
“In Mongolia, the Buryats were perceived as a dangerous people associated with Japan,” explains Peshkov of the Asian minority of the U.S.S.R. “The fact that they left the Soviet Union only served to confirm suspicions.”
For many, Peshkov says, “their 'cross-border' status became a death sentence."
Of the 2,000 residents of Dadal, it's said that more than 600 people -- nearly a third of the entire population at the time -- were arrested in the 1930s. Many were executed, including three women, one of whom was pregnant.
“Stalin really didn’t like the Buryats who left him,” says 63-year-old Dadal resident Tsyrendorzhi Monbish.
In the 1930s, her grandfather and his two sons were arrested. Monbish's grandfather was exiled to Siberia and never returned. His fate remains a mystery. Her grandfather’s eldest son was also exiled to the Soviet Union and died there. Her grandfather’s second son worked for the state but was also arrested. During interrogations, he denied being guilty of any crime.
“And they shot him,”Monbish says. “He could have simply remained silent, but he boldly declared his innocence. He was brave.”
When asked her opinion of Russia today she indicates a positive attitude to the country but says “war with Ukraine? I am against war! The image of Russia has sunk so low, I want [Russian President Vladimir Putin] to die.”
She adds, “I know that Putin is sending the Buryats to war. We are against this.”
Buryats have borne a heavy burden from the Kremlin’s invasion of Ukraine. In the first wave of mobilization in the autumn of 2022, more than 4,000 Buryat men were reportedly drafted into the army.
Some Dadal residents decline to express their opinions about Russia's invasion of Ukraine -- especially officials.
Badam Baterdene, who also works in the agricultural department of the local administration, says that initially he thought, “Russia is right in this war.”
"We read that Ukrainians are former Nazis," he says. "But now I can’t understand who, what, why and what for."
Other locals are more forthcoming. Tsyrendorzhi Yanzhima, a cafe owner says that she “cannot understand why the Buryats are being sent to war.”
“In the 1930s, the Buryats were repressed; now repressions have returned. Young guys get sent to war, and may never return. Let them move here instead. If all the Buryats [in Russia] moved to Mongolia, we would help them” she says. “There is a lot of work here.”
Three stupa that were erected on the grounds of the monastery in Dadal to commemorate Buryats killed in Soviet-era repressions.
Three stupa that were erected on the grounds of the monastery in Dadal to commemorate Buryats killed in Soviet-era repressions.
Yanzhima leads me to the local monastery. Several years ago, three Buddhist stupa were placed here to commemorate the Buryats killed during the communist era. A Buddhist drum was placed nearby with all the names of the villagers killed by the authorities. Yanzhima points out several names on the drum that are her relatives.
“All the men were taken away from us, all the men’s work was done by women and boys,” Yanzhima says. “They mowed hay, chopped firewood, slaughtered the cows. It was a difficult time, but it strengthened this village. We became even more hardworking. Many people want to marry a Buryat because we are very competent and we don’t complain about life.”
One ardent critic of the Russian government is Galsangiin Dorzhsuren, the former mayor of Dadal.
When we meet Dorzhsuren he is working in a potato field in rough old clothes. Soon, however, he heads inside his house and changes into a traditional Buryat suit and hat.
“Buryats in Russia go to war because they live very poorly there,” Dorzhsuren says. "They are fleeing to us in Mongolia because your economy is weak." He recalls his impressions from a trip to Buryatia 15 years ago. “There were destroyed villages, destroyed houses, devastation all around,” he says.
Dorzhsuren invites us to sit with him. Nuts, Russian chocolates, and a bottle of vodka are served up. This is the first time we have been offered alcohol in Dadal. The spirit is poured into shot glasses for everyone, then the ex-mayor gives a long toast about how good it is that Russians such as us have come to Dadal. And then after glasses are clinked he shouts in Russian: “Let’s go!” And we drink.
Dadal also went through difficult times, Dorzhsuren says. “But our older relatives never complained to us about their lives,” he recalls. “Only when there were parties, they poured out all the sorrow of their souls with songs. They sang about who was repressed, who was taken away."
But, he adds, "when sober again, they kept everything to themselves."
This story is an adaptation by Amos Chapple of a report by Karina Pronina for Lyudi Baikala. The original story can be read here.
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Presidents of Mongolia and the United Arab Emirates Hold Meeting www.montsame.mn

President of Mongolia Khurelsukh Ukhnaa, who is on a working visit in the United Arab Emirates to attend the United Nations Climate Change Conference – COP 28 met with President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan on November 28, 2023, in Abu-Dhabi.
During the meeting, the parties exchanged views on expanding the relations between Mongolia and the United Arab Emirates in a wide range of areas.
H.E. President Khurelsukh, congratulated on the upcoming 52nd anniversary of the establishment of the United Arab Emirates. Noting the significance of not only the international community but also each country’s contribution to overcoming global challenges such as climate change, desertification, and food security President Khurelsukh emphasized that effective cooperation in coordinating the initiatives and goals of the two countries in these areas is vital.
The President of the United Arab Emirates, His Highness Sheikh Muhammad bin Zayed Al-Nahyan introduced the development program and goals of the country and expressed the eagerness to develop close and consistent relations with Mongolia and strengthen cooperation in numerous fields within the framework of the documents established on this day.
A Memorandum of Understanding on Visa Exemption was signed
Within the framework of the meeting of the Heads of State of the two countries, the following documents were established to strengthen the legal framework of cooperation between Mongolia and the United Arab Emirates. These include:
-Memorandum of Understanding between the Governments on the exemption from visa requirements for diplomatic, official, and ordinary passport holders;
-Memorandum of Understanding between the Cabinet Secretariat of Mongolia and the Ministry of Cabinet Affairs of the UAE on the exchange of experience on government development and reforms;
-Memorandum of Understanding on the establishment of a joint Cooperation Committee between the Ministry of Foreign Affairs of Mongolia and the Ministry of Foreign Affairs of the United Arab Emirates;
-Memorandum of Understanding between the Institute of International Studies of the Mongolian Academy of Sciences and the Emirates Policy Center of the UAE;
- Memorandum of Understanding between the General Department of Education of Mongolia and the Digital School of the United Arab Emirates on cooperation in e-learning initiatives;
- Memorandum of understanding between the Mongolian National Public Radio and Television and the Abu Dhabi Media Office.
The parties noted that with the establishment of these documents, a legal framework for visa-free travel for citizens of the two countries will be formed, and cooperation between the two countries will further expand in the fields of trade, economy, food, agriculture, energy, mining, education, road transport and combating desertification. The two parties also agreed to establish mechanisms for dialogue between the two countries and hold regular meetings.
 
 
 
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Mongolia’s Economy Continues to Pick Up, But Growth Remains Uneven www.montsame.mn

Mongolia’s economy is projected to grow by 5.8 percent in 2023 and 6.2 percent in 2024 as the mining sector expands, private consumption recovers, and fiscal expansion stays strong, according to the World Bank’s latest semi-annual Mongolia Economic Update.
In the first half of 2023, Mongolia’s economy exhibited robust growth, primarily propelled by the mining sector. Early indicators suggest that this growth trend has persisted in the latter half of the year. Nevertheless, growth has been markedly uneven, with the non-mining sector trailing behind, underscoring the economy’s heavy reliance on the mining sector and its heightened exposure to mining sector cycles.
In the medium term, economic growth is expected to accelerate, averaging above 6 percent in 2025- 2026, driven by a substantial increase in mineral production as Oyu Tolgoi’s 2023 mining production is anticipated to more than double by 2025.
Yet, significant downside risks persist. These risks encompass lower mineral exports prompted by slower-than-expected growth in China, as well as uncertainties on coal offtake agreements. Additional risks include inflationary pressures stemming from both further domestic fiscal expansion and heightened geopolitical tension in the Middle East, potentially resulting in higher oil prices.
An analytical chapter focuses on Mongolia’s trade opportunities in digital services, which could help diversify the country’s economy. Mongolia’s strongest opportunities to bolster its digital services growth and trade are in software development, telecommunications, and digital marketing. However, despite progress in telecommunications and internet penetration, considerable constraints remain in digital infrastructure, including slow network speeds, cybersecurity vulnerabilities, and a shortage of highly skilled professionals.
“While the ongoing surge in mining exports is bolstering macroeconomic conditions, the sustainability of these positive trends calls for continued reforms aimed at diversifying the Mongolian economy and enhancing its resilience to commodity price cycles,” said World Bank Country Manager for Mongolia Taehyun Lee.
The report emphasizes the need for fiscal moderation to mitigate inflationary pressures and enhance macroeconomic stability, thereby stimulating private sector investment and bolstering global market confidence. In addition, the report recommends improving social protection efficiency to safeguard household consumption without spurring inflationary pressures.
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Ivanhoe to start copper exploration in Angola www.mining.com

Ivanhoe Mines (TSX: IVN) said on Monday it plans to kick off exploration activities in Angola next year as it has secured greenfield prospecting rights over an area the size of Switzerland for an initial period of five years.
The Canadian miner has been granted 22,195 square kilometres of rights for exploration in the country’s Moxico and Cuando Cubango provinces, covering what Ivanhoe calls “highly prospective” greenfield copper exploration ground.
Activities are expected to commence following team mobilization in early 2024, the company said.
Ivanhoe can extend the permit to a maximum of seven years, but it will have to relinquish 50% of the prospecting rights at the end of the initial period of five years.
“Our goal is to make Angola a globally significant producer of strategic minerals that our planet so desperately needs, for many generations to come,” Ivanhoe founder and co-chairman Robert Friedland said in the statement.
Limited prior exploration has been conducted in the greenfield area granted to Ivanhoe to date. Much of the permitted land is covered by Kalahari sand and Karoo volcanics, similar to the Kamoa-Kakula licenses in Democratic Republic of Congo (DRC), which makes conventional exploration techniques less effective.
Anglo American (LON: AAL) and Rio Tinto (ASX: RIO) are also undertaking greenfield exploration activities in the region.
Ivanhoe has committed to an initial exploration budget of $10 million in Angola. It said its exploration team will be deploying the expertise developed from its discoveries of Kamoa-Kakula and the Western Foreland in the DRC.
The company has achieved success at its Kamoa-Kakula complex, from which it began exporting copper in mid-2021. Ivanhoe currently ships output from the mine by rail via the Lobito Corridor that crosses Angola, ending at the Atlantic Ocean.
Ivanhoe is also working to restart the historic high-grade Kipushi zinc mine in the DRC, and is undertaking exploration at the Western Foreland project in the country.
In South Africa, it is advancing construction of its 64%-owned Platreef palladium, rhodium, nickel, platinum, copper and gold project.
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Mongolia to start Ulaanbaatar metro next year www.globalconstructionreview.com

Mongolia will start building a metro line in its capital Ulaanbaatar next year, according to Chinese news agency Xinhua.
A senior Mongolian official said the aim was to reduce congestion in the city.
Borkhuu Delgersaikhan, a cabinet member with special responsibility for improving traffic flow in the capital, said: “For the first time, the government made a decision to build a metro line in the capital. The construction of the 22km line from the east to the west is set to begin in May next year and is expected to be completed in 2027.”
The project has been on the drawing board since 2012, when it was approved by the Mongolian government.
The project was to be financed by loans from Japan among others, and Japan International Cooperation Agency conducted a study in 2013 on how the project could be implemented.
In the event, the project was put on ice in 2015. In 2018, planning was resumed, at which time the cost was expected to be around $1.5bn.
For many years, traffic congestion has been a pressing issue in the city, which was originally built to have 500,000 residents, and is now home to around 1.3 million. Currently, buses are the most popular means of public transport in the capital.
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Mongolia declares 2024 Year of Gobi Bear Protection www.akipress.com

The management team of Ministry of Environment and Tourism met with the researchers led by T. Odbayar and exchanged views on the conservation of Gobi bears, the UB Post reports.
The experts of the Ministry said they are receiving and consolidating proposals for the approval of the government's resolution to reduce the problems faced by the living environment of wild animals, to expand their habitat, to ensure the sustainable growth of the population, and to make them known at the national and international levels.
2024 is declared as the "Year of Mazaalai Protection" by the order of the Minister of Environment and Tourism. 1 billion tugriks have been budgeted for the protection of Gobi bears next year. The work of developing a plan for the protection of the animals has also been started.
It is important to ensure the participation of researchers in the conservation of Gobi bears and to consolidate research and statistics in this area. The parties agreed that there will be conditions for developing a conservation plan based on science. In addition, visiting researcher from Boise State University, USA, T. Odbayar is working in Mongolia with the focus on improving the protection of Gobi bears.
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China's Renewable Energy Boom Casts a Long Shadow over Mongolia www.mongoliaweekly.org

China is going big on renewable power out west, with plans to carpet parts of the Gobi desert in solar panels and wind turbines over the next few years. We’re talking 455 gigawatts of clean energy capacity, a buildout so huge it will be visible from outer space.
For a neighboring country like Mongolia, this amounts to a seismic shift happening right on the doorstep. Mongolians have grown used to exporting coal north to China’s power plants and factories.
But Beijing’s new energy priorities could seriously dent demand for Mongolian coal. By 2030, those sprawling renewable energy bases are projected to supply over a third of China’s electricity needs.
So where does this leave Mongolia? With some skilled policy maneuvers, Ulaanbaatar has an opportunity to hitch the economic future to Asia’s renewables juggernaut.
Mongolia boasts many of the minerals – copper, lithium, rare earths – needed to manufacture wind turbines and solar panels. With the right investments in processing factories and supply chain links, Mongolia could become a key supplier to China’s renewable Gold Rush.
Geographically too, Mongolia is blessed by its position next door to hundreds of gigawatts of emissions-free power. Ulaanbaatar can now import cheap renewable electricity from China instead of building more polluting coal plants. And get this: Importing Chinese solar power may soon be cheaper for Mongolia than mining its own coal!
But if Mongolia’s leadership fails to skillfully navigate this energy transition, the country risks heightened dependence on China as coal exports founder. Beijing may use its economic leverage to pull Ulaanbaatar closer into its orbit. What’s clear is that for better or worse, Mongolia’s fate looks increasingly tied to the greening of western China’s deserts.
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Mongolia to Enjoy EU’s GSP+ Until 2027 www.montsame.mn

A meeting of the Subcommittee on Trade and Investment under the Mongolia- European Union Joint Commission was held online on November 23, 2023.
During the meeting, the EU side announced that the EU’s Generalised Scheme of Preferences, designed to support good governance and sustainable development in developing countries, was extended until 2027.
The parties highlighted the importance of the GSP+ in increasing Mongolia’s exports through duty-free access of 7200 types of products to the EU market. At the meeting of the Sub-Committee, the parties discussed the current economic situation, trade policy, and investment environment.
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Honorary Consulate of Mongolia opens in Toronto www.akipress.com

Foreign Minister Battsetseg Batmunkh participated in the opening ceremony of the Honorary Consulate of Mongolia in Toronto on November 21 during her official visit to Canada, Montsame reports.
Consul Generals from other countries in Toronto, Honorary Consuls, business delegates, and Mongolians were present at the ceremony. The participants were greeted with performances of Morin Khuur (horsehead fiddle), traditional Mongolian long song, Khoomii (throat singing), and praise.
Honorary Consul of Mongolia in Toronto, Ontario, Bryan Wilfert assumed his office in July 2023. In addition to Ontario, Mongolia has Honorary Consuls in the Canadian provinces of Quebec, Alberta, and British Columbia.
Foreign Minister Battsetseg Batmunkh also met with Mongolian citizens residing in Ottawa and Montreal provinces on November 20, 2023.
The Foreign Minister exchanged opinions with citizens and introduced the Mongolian government's policy and activities for Mongolians living abroad. Batstsetseg Batmunkh presented the textbooks, guidebooks, and other related books to Mongolian schools in Canada.
Approximately 2,300 Mongolian citizens live in Canada, and the majority of them reside in the country's largest cities, including Ottawa, Toronto, Montreal, Calgary, and Vancouver.
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