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Tag: Mongolia

Posted on October 6, 2022

Mongolian Banks Curb FX Flows to Fight Cash Crunch

(Bloomberg) — Mongolia is facing a worsening foreign currency crunch following Russia’s war with Ukraine and a slump in China’s economy, forcing local banks to restrict the amount of dollars …
Posted on October 5, 2022

Deep In Mongolia’s Gobi Desert, The Last Great Lodge For Explorers Awaits

and dinner are included in the stay), uses only fruits and vegetables either grown on the lodge’s property or sourced from the local soum (town). The Thirsty Camel bar, housed in a Mongolian-style …

( read original story …)



Posted on October 3, 2022

Mongolia Celebrates Completion Of ETT’s Heavy-Duty Railway Project

Tavantolgoi-Gashuunsukhait Railway Project has been hailed as a milestone of co-operation in the face of a many longstanding challenges, and celebrated as a major boost for the Mongolian economy.
Posted on October 1, 2022

Forests in the desert: Why Mongolia is banking on a billion new trees to halt desertification

The growing threat of climate change means that more ecosystems now find themselves on the brink of catastrophe. In the first part of a monthly series, CNA looks at the threat of desertification in …

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Posted on October 1, 2022

Xanadu lands more Mongolian gold at Red Mountain

Assay results from trenching at Xanadu Mines’ Red Mountain prospect in Mongolia have highlighted a broad zone of shallow gold mineralisation that the company argues has potential for extension at …
Posted on September 30, 2022

Why Mongolia Is Steering Clear of Full Membership in the SCO

Mongolia was the first observer state in the Shanghai Cooperation Organization, and it has been content to remain there even as other countries upgrade to member status.
Posted on September 30, 2022

Why Mongolia Is Steering Clear of Full Membership in the SCO

Mongolia was the first observer state in the Shanghai Cooperation Organization, and it has been content to remain there even as other countries upgrade to member status.
Posted on September 30, 2022

Steppe Gold Announces Gold Prepayment Facility

Steppe Gold sales revenue is received in Mongolian Tugrik. While most of its operating costs are also paid in local currency, we require US dollars to acquire reagents and to fund deliveries to Triple …
Posted on September 29, 2022

Mongolia Growth Group: Top 10 Undervalued Real Estate Industry Stocks on TSX-V (YAK)

Detailed price information for Mongolia Growth Group Ltd (YAK-X) from The Globe and Mail including charting and trades.

( read original story …)



Posted on September 28, 2022

‘We are not afraid’: Russians flee to Mongolia to evade Ukraine mobilisation

Thousands of Russians have fled into Mongolia across its northern frontier in a bid to evade conscription to Ukraine, putting further pressure on the government in Ulaanbaatar and its efforts to …

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