1 CHINA’S MONGOLIAN COAL IMPORTS UP 20% IN OCT, RUSSIAN IMPORTS SLIP 18% WWW.BRECORDER.COM  PUBLISHED:2025/11/21      2 S.KOREA-MONGOLIA JOINT COMMITTEE MEETING REAFFIRMS MINERAL COOPERATION WWW.KOREAPOST.COM PUBLISHED:2025/11/21      3 TEAM MONGOLIA FROM PHYSICAL ASIA: WHERE ARE THEY NOW? WWW.MOVIEDELIC.COM PUBLISHED:2025/11/21      4 N.UCHRAL: I’LL BE LENIENT WITH THE RIGHT, STRICT WITH THE WRONG WWW.GOGO.MN PUBLISHED:2025/11/20      5 MONGOLIAN BANKING SECTOR'S NET FOREIGN ASSETS DECLINE 16.1 PCT IN OCTOBER WWW.XINHUANET.COM PUBLISHED:2025/11/20      6 ON THE TALKS OF SECRETARY-GENERAL WITH THE MINISTER OF FOREIGN AFFAIRS OF MONGOLIA WWW.ENG.SECTSCO.ORG PUBLISHED:2025/11/20      7 MONGOLIA UNIFIES TO COMBAT NEW THREATS TO SNOW LEOPARDS WWW.SNOWLEOPARD.ORG PUBLISHED:2025/11/20      8 AMERICAN-CANADIAN BILLIONAIRE OPENS $2-BILLION PLATINUM MINE IN SOUTH AFRICA WWW.AFRICA.BUSINESSINSIDER.COM PUBLISHED:2025/11/20      9 EDUCATION INFRASTRUCTURE: 12 SCHOOLS, 24 KINDERGARTENS SET FOR 2025 LAUNCH WWW.MONTSAME.MN PUBLISHED:2025/11/20      10 MONGOLIA JAPAN HOSPITAL INTRODUCES SELECTIVE LASER TRABECULOPLASTY SYSTEM WWW.AKIPRESS.COM PUBLISHED:2025/11/20      Н.УЧРАЛ: ХУУЛЬ ТОТООХ ДЭЭД БАЙГУУЛЛАГААС ХУЛГАЙН СЭЖИГТНҮҮД БИШ ХУУЛЬ ТӨРЖ БАЙХ ЁСТОЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/21     ТЭРБУМ МОД САНГИЙН ТӨСЛИЙН СОНГОН ШАЛГАРУУЛАЛТ ЗАРЛАГДЛАА WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     ОЙЖУУЛАЛТАД ХАМГИЙН ИХ ХӨРӨНГӨ ОРУУЛАЛТ ХИЙЖ БАЙГАА ХУВИЙН ХЭВШЛИЙН САНГААР ТЭРБУМ МОД САНГ НЭРЛЭЛЭЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     МОНГОЛД ГАДНЫ БАНК НЭЭХ НЬ ХЭРЭГЛЭГЧДЭД ӨГӨӨЖТЭЙ Ч ДОТООДЫН БАНК САНХҮҮГИЙН САЛБАРТ ЭРСДЭЛТЭЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/20     ӨНГӨРСӨН САРД 11 УЛСЫН 240 ИРГЭНИЙГ АЛБАДАН ГАРГАЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/20     Х.НЯМБААТАР: ГАНДАН ОРЧМЫГ НОГООН БАЙГУУЛАМЖ БҮХИЙ ЖИШИГ ГУДАМЖ БОЛГОН ТОХИЖУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     ОЮУ ТОЛГОЙ ТӨСЛИЙН ХУВЬ НИЙЛҮҮЛЭГЧДИЙН ЗЭЭЛИЙН ХҮҮГ БУУРУУЛАХ ХЭЛЭЛЦЭЭ ҮРГЭЛЖИЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/11/20     УИХ-ЫН ДАРГААР Н.УЧРАЛ СОНГОГДЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     "ЧИНГИС ХААН" ОДОН ХҮРТЭЖ БУЙ С.НАРАНГЭРЭЛ ГЭЖ ХЭН БЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     ОХУ-ЫН БАНК САЛБАРАА МОНГОЛД НЭЭХ ҮҮ? WWW.NEWS.MN НИЙТЭЛСЭН:2025/11/20    

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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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The new Cuban Ambassador of Cuba in Mongolia presents Copy of his Credential Letters to the Mongolian Deputy Minister of Foreign Affairs www.cubaminrex.cu

On the afternoon of December 7, the new Cuban ambassador of Cuba in Mongolia, Jorge Ferrer Rodríguez, handed over to the Deputy Foreign Minister of that country, His Excellency Mr. Munkhjin Batsumber, the Copies of the Credential Letters, which accredit him as Extraordinary and Plenipotentiary Ambassador of the Republic of Cuba in that nation.
The ceremony, which took place at the headquarters of the Ministry of Foreign Affairs, was also attended, on the Mongolian side, by H.E. Mr. Anand Amgalan, new Director General of the America, Middle East and Africa Department, as well as other officials of the Ministry of Foreign Affairs.
Both parties highlighted the happy coincidence of this act with the 61st anniversary of the establishment of diplomatic relations between the two countries, which began on this same date in 1960.
They also expressed that their respective countries are honored by the fact that Cuba was the first country in Latin America and the Caribbean to formalize diplomatic ties with Mongolia and it is the only nation in that region that has an Embassy in the Mongolian capital. while Havana hosts the only diplomatic mission of this Asian country in that region of the western hemisphere.
The Mongolian Deputy Foreign Minister recalled the visit to Cuba in 1972 of the then party leader and Mongolian president, Umjaagiin Tsedenbal, who was received by the historical leader of the Cuban Revolution, Commander in Chief, Fidel Castro Ruz.
When reviewing the state of the ties between the two countries, the two interlocutors recalled the existence of important bilateral agreements and mechanisms and agreed to qualify the relations as friendly and the cooperation as fruitful in various areas, among which they highlighted the training of more than 100 Mongolian professionals in Cuban universities for several decades.
The Vice Minister of Foreign Affairs wished the new Cuban Ambassador success and expressed his willingness and that of the Foreign Ministry to support the performance of his duties in the country.
(Cubaminrex-Embassy of Cuba in Mongolia)
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Ivanhoe Mines secures $300m in stream financing for Platreef www.mining.com

Ivanhoe Mines (TSX: IVN)(OTCQX: IVPAF) said on Wednesday it had secure $300 million in stream financing for its platinum group and gold Platreef mine in the South African province of Limpopo.
The Canadian miner said its subsidiary, Ivanplats, closed a $200 million gold stream financing agreement with Orion Mine Finance and Nomad Royalty Company, as well as a $100 million palladium and platinum streaming facility for Platreef.
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Ivanhoe said the proceeds will be used to advance the first phase of Platreef’s mine development, which is expected to begin commercial production in 2024.
As part of the gold deal, Ivanplats will deliver a total of 80% of contained gold in concentrate until 350,000 ounces have been delivered, at which point the stream is reduced to 64% of contained gold in concentrate for the remaining life of the facility (until 685,280 ounces of gold have been delivered).
Under the platinum agreement, Orion Mine Finance will receive a total of 4.2% of contained palladium and platinum in concentrate until 350,000 ounces have been delivered, after which the stream falls to 2.4% for the remaining life of the facility, or the delivery of 485,115 ounces of palladium and platinum.
The definitive feasibility study for Platreef’s phased development plan, which will provide updated production forecasts for the initial mine and subsequent expansion, is nearing completion, the company said, with release expected in the first quarter of 2022.
Ivanplats has also signed documents relating to offtake arrangements for 100% of Platreef’s Phase 1 platinum-group metals (PGMs) concentrate production, which is expected to exceed 40,000 t/y containing six payable metals – palladium, rhodium, platinum, nickel, copper and gold.
The offtake arrangements are with Northam Platinum and Heron Metals, in a joint venture in which commodity trader Trafigura has a majority shareholding.
A three-phase project
Ivanhoe is developing the multi-billion dollar platinum project in three scalable phases. “The phased development approach has worked extremely well at Kamoa-Kakula and we consider it to be the optimal strategy to accelerate our growth and diversification across commodities,” the company’s president, Marna Cloete, said in the statement.
The company said it sees the first-phase, 700,000-tonne-per-annum operation as its “starter mine”, one that will establish a strategic production foothold on South Africa’s Bushveld PGM Complex, and support potential future expansions.
“Future expansions to 12 million tonnes per annum and beyond, as demonstrated in previous studies, would position Platreef among the world’s largest and lowest-cost nickel and PGM mines, producing more than 24,000 tonnes of nickel and 1.1 million ounces of palladium, rhodium, platinum, and gold per year,” Ivanhoe said.
The Canadian miner indirectly owns 64% of the Platreef project through Ivanplats, and is directing all mine development work.
The operation will trial emissions-free machines during its initial development phase, during which it will produce palladium, rhodium, platinum, nickel, copper and gold.
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Economic recovery stimulus bills being drafted www.montsame.mn

At its weekly meeting on December 8, the Cabinet ordered the working group drafting a package of bills to stimulate economic recovery to complete the task promptly and the Minister of Justice and Home Affairs to present the package at the Cabinet’s next regular meeting.
Issues related to the government’s productivity, checkpoints, energy sector, traffic congestion in Ulaanbaatar, industrialization, and natural resources have become impediments to economic growth in Mongolia. Economic recovery and sustainable and inclusive growth are expected to be achieved once the impediment factors are removed as part of the New Revival policy and a comprehensive set of measures are adopted to improve the workforce participation and productivity that have been on the decline over the last decade.
The drafting of the economic recovery stimulus package is key to implementing the New Revival Policy.
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Erdene gains key environment nod, begins early work at Bayan Khundii in Mongolia www.mining.com

Erdene Resource Development (TSX: ERD; MSE: ERDN) has received approval of the detailed environmental impact assessment for its Bayan Khundii gold project in Mongolia.
The company says it will now begin preparatory work for project construction. A formal construction decision is expected in early 2022.
In 2020, Erdene produced a bankable feasibility study for the project that gave it a net present value at a discount rate of 5% of $100 million and an internal rate of return of 42%, both after taxes. An open pit mine is expected to produce 382,700 oz. of gold during the eight-year first phase of operation at an all-in sustaining cost of $733/oz. of gold. At a gold price of $1,400/oz., the project would pay for itself in less than two years.
Resources at Bayan Khundii are 8.3 million measured and indicated tonnes grading 2.19 g/t gold for 585,000 contained ounces. The inferred resource is 500,000 tonnes at 2.18 g/t gold for 36,000 contained ounces.
In August, Erdene announced a new gold discovery about 300 metres west of the Bayan Khundii deposit. Drilling has continued to expand this discovery with the best hole being UDH-22 that returned 77 metres of 3.2 g/t gold and 71 metres of 0.8 g/t gold, including 27 metres at 8.7 g/t, and within that intersection 1 metre of 156.5 g/t gold.
Follow-up drilling at the Dark Horse Mane target 2.4 km north of Bayan Khundii has confirmed a high-grade oxide gold zone starting at the surface and open along strike and at depth. The best assays came from hole ADD-146 with 17 metres grading 16.7 /t gold, including 8 metres of 33.5 g/t gold.
(This article first appeared in the Canadian Mining Journal)
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COVID-19: 310 new cases, three deaths reported www.montsame.mn

The Ministry of Health reported today that 310 СOVID-19 infections and three deaths were recorded in the last 24 hours.
In detail, 196 cases were reported in Ulaanbaatar city, with 111 cases in 21 provinces and three imported cases.
As of today, the total number of confirmed COVID-19 cases in Mongolia stands at 385,476. Furthermore, three new COVID-19 related death has been reported, raising the country’s death toll to 1,950.
Currently, 4,046 people are receiving hospital treatment for COVID-19 whilst 7,635 people with mild symptoms of COVID-19 are being isolated at home.
Of the total patients currently undergoing treatment at hospitals, there are 472 patients in mild, 1947 in serious, 490 in critical, and 69 in very critical conditions.
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Nationwide livestock census begins www.montsame.mn

Annual nationwide livestock census of this year is ongoing. The year-end census of livestock is being organized between December 7 and 17.
The National Statistic Office of Mongolia urges citizens and entities to actively participate in the 40th nationwide livestock census, which has been conducted annually since 1961.
The nationwide livestock census of 2020 found that the head of livestock in Mongolia totaled 67.1 million, of which 4.1 million horses, 4.7 million cattle, 472.9 thousand camels, 30.0 million of sheep, and 27.7 million goats.
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Mongolia’s Prime Minister elected as a chairman of MPP www.news.mn

On Monday (6 December), Mongolian Prime Minister L.Oyun-Erdene was elected chairman of the ruling Mongolian People’s Party (MPP).
He received 99.7 percent of the votes from 1,245 party members across the country who are attending the MPP’s two-day congress, which began yesterday. 40–year-old L.Oyun-Erdene graduated from the Kennedy School of Government at Harvard University with a Masters in Public Policy. During his time as chief cabinet secretary, Oyun-Erdene has dedicated himself to “Vision 2050,” Mongolia’s long-term development strategy.
L.Oyun-Erdene is safeguarding former Prime Minister U.Khurelsukh’s cabinet. On January, the former Prime Minister U.Khurelsukh, offering a grand gesture of accountability following recent protests over COVID-19 measures. Soon after, he announced a his nomination to 2021 Presidential Election of Mongolia. Sure enough U.Khurelsukh claimed landslide victory at the presidential election in June.
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A champion of Naadam wrestling banned from competitions for 8 years www.news.mn

On 6 December, the Executive Board of Mongolian National Wrestling Association decided to ban four Mongolian wrestlers from competitions for 4-8 years. The State Lion E.Oyunbold who became champion of this year’s Naadam wrestling, has been banned for eight years after testing positive for banned substances repeatedly. Therefore, the doping scandal of national wrestler E.Oyunbold has finally closed after two years.
Separately, two wrestlers who has Provincial Lions titles and one Provincial Elephant were banned for four years from competitions.
The Foundation for Supporting Sports has been organising the ‘Mongolia against doping’ campaign in cooperation with the National Anti-Doping Centre since 2017.
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Mongolian top Olympian faces a criminal charge for assault www.news.mn

Mongolian prosecutors charged N.Tuvshinbayar, a two-time Olympic medalist for a drunken assault which caused a fellow wrestler in a coma in April, 2021. The prosecutors submitted the case on 1 December to the Khan-Uul District Court charging N.Tuvshinbayar with a criminal code which carries a maximum sentence of 12 years in jail.
N.Tuvshinbayar, 36, was detained for 20 days as part of an urgent operation by permission of the prosecutor.
The victim is E.Enkhbat, a fellow judoka and a close colleague of Tuvshinbayar. E.Enkhbat was hospitalised unconsciousness at the intensive care unit of the National Centre for Treatment and Research after the assault that appears to have caused serious brain damage. Shortly after that, the victim flew to South Korea for brain surgery.
Enkhbat’s career medals include a silver in the men’s under-100kg category at the International Judo Federation (IJF) Grand Slam in Baku in Azerbaijan in 2013 and a gold in the same category at the IJF World Cup in Jeju, South Korea in 2012.
After winning the Olympic gold medal at Beijing 2008, N.Tuvshinbayar competed in the same under-100kg category at London 2012, claiming a silver medal on this occasion.
He was elected unopposed as President of the MNOC, which this year is celebrating its 65th anniversary, which occurred August last year. After the incident, N.Tuvshinbayar was removed from a position of the position.
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New automotive assembly factory opens www.montsame.mn

A section of the first Blockchain Automotive Factory of Mongolia has opened on December 6.
Former Prime Minister R.Amarjargal and Bars Motors LLC founder and CEO D.Demberel kicked off the opening ceremony. “Mongolia has a high car ownership rate and annually imports 60-70 thousand old cars. Statistics show the country spends USD 500-800 million on automobile imports every year, which leads more money to flow out of the country for gasoline imports," said the Bars Motors founder. "Therefore, Bars Motors LLC intended to provide its customers with an automobile suitable for the Mongolian climate, MOZO”
Bars Motors opened a joint automotive assembly plant with a yearly capacity of 25 thousand automobiles in Hangzhou, China in 2019. This, time the company is opening the first Blockchain Automotive Factory of Mongolia, where automobiles will be assembled using parts supplied directly from manufacturers in Germany and Japan. The factory has a capacity to assemble 2,500 automobiles per year and the information about where the automobile parts were manufactured, how they were transported, where the automobile was assembled and sold, and who the owner of the automobile is, will be kept in a digital format.
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