Azaa's Weblog

Modernizing the Mongolian Stock Exchange - CNBC

2012-02-06T00:00:00.001+08:00

Best Suppliers of Oyu Tolgoi Upholding Health, Safety Principles will be Recognized

2012-01-26T21:48:00.000+08:00

Ханбогд, Даланзадгад болон Өмнөговийн бусад суманд үйл ажиллагаа эрхэлдэг 3 ханган нийлүүлэгч орон нутгийн шилдгээр шалгарна

Монгол улс, Улаанбаатар (ot.mn) Оюу Толгой ХХК 2011 оны шилдэг ханган нийлүүлэгчийн шагнал гардуулах “Эрдэнийн Говь” арга хэмжээг энэ Пүрэв гарагт зохион байгуулж шилдэг 20 ханган нийлүүлэгчийг шалгаруулах бөгөөд эдгээрийн дундаас орон нутгийн хөгжилд хувь нэмрээ оруулж буй Ханбогд сумын шилдэг ханган нийлүүлэгч, Даланзадгад сумын шилдэг ханган нийлүүлэгч болон Өмнөговь аймгийн бусад суманд үйл ажиллагаа явуулдаг шилдэг ханган нийлүүлэгч ангиллаар 3 аж ахуйн нэгжийг тодруулах юм.

Оюу Толгой ХХК-ийн Бүс нутгийн хөгжил, нийгмийн асуудал эрхэлсэн Дэд захирал Т.Баярсайхан, “Манай компанийн эн тэргүүний зорилт бол орон нутгийн хөгжлийг дэмжих бодлого, түүний хэрэгжилт билээ. Өмнөговь аймгийн Даланзадгад, Ханбогд, Манлай, Баян-Овоо зэрэг уурхайн нөлөөллийн сумдад төслийн сөрөг нөлөөллийг бууруулах, орон нутгийн усан болон цахилгаан хангамжийг сайжруулах, ажлын байр бий болгох, хөдөлмөрийн эрхлэлтийн чадавхийг дээшлүүлэх, нутгийн соёлын өвийг хамгаалах, иргэдийн эрүүл мэндийг дэмжих чиглэлээр дорвитой ажлуудыг үр бүтээлтэй, амжилттай хийж гүйцэтгэхэд орон нутгийн ханган нийлүүлэгч, үйлчилгээ үзүүлэгч компаниудын оролцоо, үүрэг хамгийн чухал юм” гэж онцоллоо.

Орон нутгийн бизнес, жижиг дунд үйлдвэрлэлийг дэмжих зорилгоор Оюу Толгой ХХК 1,5 тэрбум төгрөгийн хөнгөлөлттэй зээлийн эх үүсвэрийг гаргаж ХААН болон Хас банкны орон нутгийн салбарт байршуулан зээл олгож эхэлсэн 2010 оноос хойш өдгөө 84 бизнес эрхлэгчид 850 гаруй сая төгрөгийн зээл авч шинээр бизнес эрхлэх, бизнесээ өргөтгөх боломжтой болоод байгаа билээ.

Мөн Өмнөговь аймгийн 9 сумын нийт 200 гаруй ханган нийлүүлэгчид Оюу Толгой төсөлд нийт 3,2 тэрбум төгрөгийн ажлын хувцас, оёмлол нэхмэл бүтээгдэхүүн, ус, хүнсний бүтээгдэхүүн, гар урлалын зүйлс, барилга угсралтын ажил гэх зэрэг бараа үйлчилгээг ханган нийлүүлсэн үзүүлэлтээр 2011 оныг үдсэн байна. Түүнчлэн аймгийн төвд байрлах орон нутгийн ханган нийлүүлэгчдийн чадавхийг бэхжүүлэх зорилго бүхий Бизнес хөгжлийн төвийг Оюу Толгойн хөрөнгө, санаачилгаар байгуулснаас хойш өдгөө 6 мянга гаруй бизнес эрхлэгчид, нутгийн иргэдэд хүрч үйлчлээд байна.

Amazing 8 Year Old Owns Adult In Dance-Off break dancing

2011-12-08T18:07:00.001+08:00

Yaaruulahgui Piano Version

2011-10-05T21:53:00.001+08:00

Х.Алтайн ярилцлага

2011-08-10T16:46:00.001+08:00

Let's Learn English And Science!

2011-08-03T13:33:00.002+08:00

"One Dream" Bx ft Quiza

2011-07-14T11:16:00.000+08:00

Mongolian Mining Said Near $465 Million Purchase of Mine

2011-06-01T09:17:00.000+08:00

June 1 (Bloomberg) -- Mongolian Mining Corp., the nation’s biggest coking coal exporter, is close to buying a Mongolian mine from a unit of Kerry Holdings Ltd. for $465 million, according to two people with knowledge of the matter.

Mongolian Mining plans to pay about $380 million in cash and issue $85 million of convertible bonds, said the people, who asked not to be identified because the deal hasn’t been announced. The QGX coking coal mine, bought by a unit of Kerry Holdings in 2008, is adjacent to one already owned by Mongolian Mining, the people said.

Prices for coking coal, one of two key steelmaking raw ingredients, rose to a record in the first quarter, boosting appetite for mergers and acquisitions. Rio Tinto Group in April won control of Mozambique developer Riversdale Mining Ltd. following a A$3.9 billion ($4.2 billion) offer in December.

An announcement may come as soon as today, said the people. Calls to Mongolian Mining and Kerry Holdings after regular business hours weren’t returned.

Mongolian Mining, based in Ulaanbaatar, raised about $750 million in an initial public offering in October. The company said in its IPO prospectus that it was Mongolia’s biggest exporter of coking coal in the first half of 2010.

It plans to raise production to 15 million metric tons a year by 2013 to meet increasing demand for the raw material from China’s steelmakers, Chief Executive Officer Battsengel Gotov said in September.

Australian Floods

Asian steelmakers may pay as much as 8 percent less for hard coking coal next quarter as Australian supplies recover from disruptions caused by heavy rain and flooding in the world’s biggest exporter of the commodity.

Australian free-on-board prices may drop to $305 a ton for three-month contracts starting July 1, according to the median estimate of nine analysts surveyed by Bloomberg News last month. Forecasts ranged from $280 to $330 a ton.

Japan’s Kobe Steel Ltd. agreed to pay Rio a record $330 a ton for the quarter starting April 1. The talks ended before a magnitude-9 earthquake in the Asian nation halted some steel output.

Mongolian Mining operates at Tavan Tolgoi, near the border with China. The Tavan Tolgoi deposit is one of the world’s largest unexploited reserves of coking coal.

--With assistance from Jesse Riseborough in London Editors: John Viljoen, Tony Barrett

To contact the reporter on this story: Cathy Chan in Hong Kong at kchan14@bloomberg.net

To contact the editor responsible for this story: Jennifer Sondag at jsondag@bloomberg.net

Amazing 7 years old wrestler

2011-05-24T22:15:00.001+08:00

Mongolia Targets $700 Million in Debut Domestic Bond Sales From This Month

2011-05-19T20:24:00.000+08:00

Mongolia’s newly created development lender is aiming to sell $700 million of domestic-currency bonds in 2011, with sales scheduled to begin this month, the bank’s chairman said.

Investors will be offered tugrik-denominated bonds due in five, 10, and 15 years in several sales from the end of this month to around September, Chuluundorj Khashchuluun, the Ulan Bator-based chairman of the Development Bank of Mongolia, said in a telephone interview yesterday. The bonds will be backed by the government, which has approved the sales, he said.

“In a week or two we will have another meeting with investors to make more concrete plans” to set terms for the initial sale, Khashchuluun said. The central bank and finance ministry are involved in “extensive consultations” on the sales, he said.

It will be the first sovereign offerings by the resource- rich nation that needs to quadruple the size of its rail network, add power and water plants, and build more roads before it can increase metal and mineral exports. New transport projects would also help Mongolia ease its economic reliance on its neighbor China, which took nearly 80 percent of shipments last year, according to official data.

The bonds will be offered via the stock exchange and the central bank, with a private placement also possible, Khashchuluun said. The size of the offering may be adjusted to reflect market demand and also bring in a wide range of investors with the number of sales not yet decided, he said. Domestic banks and international investors have shown interest in the debt and yields are being discussed, Khashchuluun said.
Surging Tugrik

Moody’s Investors Service rates Mongolian sovereign debt B1, four levels below investment grade, while Standard & Poor’s rates the North Asian nation BB-, three levels below investment grade. Moody’s rates Mongolia the same as Sri Lanka, which sold 10-year bonds to yield 6.25 percent in September last year.

“The bank’s lending can’t be very costly, because it is policy-based financing,” Khashchuluun said. Although, rates have to be high enough to attract investors, he said. “So it demands a balance.”

The tugrik has strengthened 18.2 percent against the dollar since the beginning of last year, the second-best performance among all currencies tracked by Bloomberg after the Australian dollar.

The government has tasked Development Bank of Mongolia, which opened yesterday, to help finance rail, road and other infrastructure projects as well as the building of an industrial park. The bank is in a hurry to start the sales so that it can access funding before construction stops due to freezing temperatures in the winter months, Khashchuluun said. Lack of infrastructure is holding back economic development across the economy, he said.

To contact the reporters on this story: Yuriy Humber in Tokyo at yhumber@bloomberg.net;

To contact the editor responsible for this story: Andrew Hobbs at ahobbs4@bloomberg.net

Source:Bloomberg news wire service

First Supplier Enrolment and Development Centre opens in Dalanzadgad

2011-05-05T18:40:00.001+08:00

Өмнөговь, Даланзадгад – Оюу Толгой ХХК Өмнөговь аймгийн төв Даланзадгад хотноо Бизнес хөгжлийн төвийн үйл ажиллагааг албан ёсоор эхлүүлснээ өнөөдөр мэдэгдлээ.

Уг төв нь Оюу Толгойн ханган нийлүүлэгч болох хүсэлтэй орон нутгийн бизнес эрхлэгчдэд сургалт явуулах, дэмжлэг үзүүлэх үндсэн чиг үүрэгтэй юм. Оюу Толгой ХХК уурхайн үйл ажиллагаанд шаардлагатай бараа үйлчилгээг дотоодоос худалдан авах, Өмнийн говийн бүсийн тогтвортой хөгжилд хувь нэмрээ оруулахад анхаарч ажиллаж байна.

Бизнес хөгжлийн төв үйл ажиллагаагаа эхэлснээр орон нутгийн иргэд нэг доороос бүх төрлийн үйлчилгээг авах бололцоотой болохын зэрэгцээ Оюу Толгой ХХК болон Хас Банкны хамтран хэрэгжүүлж буй нийт 1 сая ам.долларын жижиг зээлийн хөтөлбөрт хэрхэн хамрагдах тухай тусгайлсан бизнес сургалтанд хамрагдах боломжийг нээж өгч байна.

Бизнес хөгжлийн төв олон зориулалтын гал тогоо, оёдлын цех, хурлын танхим, компьютер сургалтын өрөө зэргээс бүрдэх юм. Түүнчлэн хэрхэн Оюу Толгойн ханган нийлүүлэгч болох, компанийн хангамж худалдан авалтын бодлогыг танилцуулах үйл ажиллагаа байнга явагдана.
Мөн орон нутгийн иргэдийн бараа бүтээгдэхүүнийг хадгалах, тээвэрлэх хэсгүүд ажиллана.

Бизнес хөгжлийн төвийн барилгын ажил 2010 оны 11 дүгээр сард эхэлсэн бөгөөд Оюу Толгой ХХК-ийн зүгээс уг төсөлд 700,000 ам.доллар зарцуулсан байна.

Барилгын ажилд Даланзадгад сумын дөрвөн омпани туслан гүйцэтгэгчээр ажилсан ба барилгын ерөнхий гүйцэтгэгчээр Улаанбаатар хотын "Измон" ХХК ажиллажээ. Ажлын гүйцэтгэлд Монгол улсын барилгын салбарт баригдаж буй стандарт, Оюу Толгойн эрүүл мэнд, аюулгүй ажиллагааны журмыг баримталж ажилласан.

Цаашид Ханбогд сум болон Улаанбаатар хотноо Бизнес хөгжлийн төвүүдийг 2011, 2012 онд тус тус ашиглалтанд оруулахаар төлөвлөж байна.

Оюу Толгой ХХК-ийн Ерөнхийлөгч бөгөөд Гүйцэтгэх Ерөнхий Захирал Камерон МакРей “ Бизнес хөгжлийн төв өнөөдөр үүд хаалгаа нээж буйд бид их баяртай байна. Энэ төв орон нутгийн бизнес эрхлэгчид манай ханган нийлүүлэгч болоход дэмжлэг үзүүлэх гол түлхүүр болно гэдэгт итгэлтэй байна. Төвийн үйл ажиллагааг эхлүүлэхэд хувь нэмрээ оруулсан бүх хүмүүст талархлаа илэрхийлье” хэмээн нээлтийн үеэр хэлсэн үгэндээ онцлон дурдсан байна.

Одоогоор Даланзадгад, Ханбогд сумдын 103 бизнес эрхлэгч Оюу Толгойд бүтээгдэхүүн, үйлчилгээ нийлүүлж байгаа бөгөөд нийт 1.5 сая ам.долларын гэрээ хийгээд байна.

World Juniors - Gold: Russia vs. Canada 1/5/11

2011-05-04T21:59:00.002+08:00

Ultimate Playground

2011-04-08T00:30:00.000+08:00

Ken Block - Ultimate Playground; l'Autodrome... by broadbandsports

EVO Taxi Service

2011-04-05T09:29:00.002+08:00

Pension Fund Risk Management: Financial and Actuarial Modeling

2011-03-30T23:30:00.000+08:00

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A-Sound ( Tolgoitynhon)

2011-02-28T00:57:00.002+08:00

Workers' Compensation Insurance

2011-02-26T14:27:00.000+08:00

The first four papers in this volume address benefit system policy matters, and the last ten papers address the pricing, regulation, and potential insolvency of workers' compensation insurance.
Within each general area, the papers are arranged in such a way that the first papers address broad issues of workers' compensation benefits and prices; the later papers address issues which are more specific in nature. The first four papers address:

* the determinants of the level of workers' compensation benefit level;
* the determinants of the shape and location of a loss distribution; and
* the factors that affect the propensity of temporary total disabilities to become permanent disabilities.

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LSE Partners with Mongolia Stock Exchange. Major Boost for MSE and Real Coup for LSE.

2011-01-20T10:56:00.000+08:00

LSE signs strategic partnership with the Mongolian Government. The London Stock Exchange Group ("LSE") and the Mongolian State Property Committee ("SPC") have signed an exclusive Strategic Partnership Agreement to restructure and develop the Mongolian Stock Exchange ("MSE"), according to the joint press release made public yesterday. In our view, this is an important milestone in the development of the Mongolian securities market with long term positive impact. According to the agreement, LSE will appoint a management team to oversee MSE development and privatization, and will provide trading and surveillance infrastructure. The MSE is expected to go through a comprehensive reform and upgrade as LSE plans to be involved from advisory and training on capital markets infrastructure and legislative framework, modernisation of market rules and operations to expansion of tradable asset classes (derivatives and ETFs) and introduction of "international standard Mongolian market index".

Win-win partnership. In our view, both LSE and MSE will benefit from this partnership. Under LSE management, MSE should become an effective source of capital for Mongolia companies and widen opportunities for local and international investors with expected IPOs and increased market size. At the same time, with its expertise and technology, LSE will gain access to the resource-rich frontier market and should be able to compete effectively with large regional stock exchanges such as the Hong Kong Stock Exchange (HKEx), especially for international IPOs and dual listings of major Mongolian state-owned enterprises (SOEs), most importantly Erdenes Tavan Tolgoi. We view that this partnership increases LSE's chances to become a strategic shareholder when the Mongolia government proceeds with the MSE privatization.

MSE to continue global outperformance. We believe the partnership with LSE will help MSE to become one of the best performing stock markets in 2011 and beyond, following its impressive performance in 2010. Such outperformance over the next several years would be based on the expectation that LSE would be able to assist in unlocking the huge potential of the Mongolia capital markets - valuation rerating, boost in liquidity, improvement in corporate governance, stronger pipeline of IPOs and equity offerings as well as dual listings by international listed companies with operations in Mongolia. Major IPOs by the Mongolian SOEs and large private sector companies coupled with possible dual listings by Mongolia-focused international listed companies with their current US$33bn in market capitalization may catapult the Mongolia Stock Exchange into one of the largest frontier markets globally in the next 4-5 years.

In our view, this partnership should accelerate the process of MSE becoming a viable source of capital for Mongolian companies and an efficient channel for wealth distribution from mineral resources among Mongolian population. Over the longer term, LSE may assist MSE to become a regional hub for capital raising by resource companies, attracting listings from neighboring countries. We expect Mongolia to emerge firmly on the map of international investors and join the MSCI frontier market index, perhaps as early as this year. We reiterate our key recommendation for investors to gain exposure to the Mongolian local equities as Mongolia is still in the early stage of its 2010-2020 period of the world beating economic growth.

Source: Euroasia Capital

FVA- Who You Finna Try

2011-01-04T14:34:00.002+08:00

Dalanzadgad Business Centre to develop local supplier capability

2010-12-24T10:43:00.000+08:00

The first of three Business Development Centres announced earlier this year is nearing completion and is expected to open in January 2011.

The Centre, opening in Southgobi’s regional capital of Dalanzadgad, will provide invaluable support and skills development to prospective local suppliers, including smaller start-up businesses.

Each Centre will work closely with the Oyu Tolgoi Procurement department to develop and strengthen local business potential and train businesses to understand international standards in procurement practices, for instance, responding to a tender.

Each Centre will consult with local businesses to identify work areas and skills they could focus on and develop in order to supply to Oyu Tolgoi in the future. It will also advise on internal training needs and access to finance such as gaining micro-credit loans.

Not only will the Business Development Centres play a large role in building local supply capability, but local suppliers have featured significantly in the development of the Dalanzadgad centre:

Izmone LLC: main construction contractor is sub-contracting to many smaller construction companies in

Dalanzadgad town.

Khachig Khairkan LLC: supplying and installing all windows for the centre.

Dayanbaigal LLC: renovation work to existing structures.

Govi Gurvan Saikhan LLC: construction work on the structure that will house the boiler.

In addition to these local suppliers the town electricity, water and waste companies will also do all of these works for the centre. Plans are underway for the construction of the next Business Development Centre in Khanbogd town in 2011.

Big Money Flowing Into Mongolian Mining Sector

2010-11-02T10:24:00.000+08:00

Oyu Tolgoi holds Supplier Recognition Awards 2010 ceremony Best Mongolian suppliers awarded

2010-10-22T20:17:00.000+08:00

Ulaanbaatar, Mongolia – Oyu Tolgoi LLC, Mongolian mining company, held its annual Supplier recognition awards for the second time today to promote Best supplier companies, contractors and individuals who are working together with the Company to build the world-scale Oyu Tolgoi copper-gold complex.

Since 2000, the number of Mongolian supplier companies and contractors has been increasing constantly and as of today there are 2420 companies and individuals registered in Oyu Tolgoi’s preferred supplier list. We expect this will grow during the construction phase and Oyu Tolgoi stays open to all interested parties who wish to cooperate with us in supplying international standard goods and services.

Keith Marshall, President and CEO of Oyu Tolgoi LLC, marked in his opening speech “From January 01, 2010 through September 30, 2010, Oyu Tolgoi signed 345 contracts with Mongolian companies valuing 272 billion tugriks. In addition, Mongolian companies filled 1182 purchase orders totaling 84.1 billion tugriks and accounting for 80% of the total purchase orders for the period.”

Many of the contracts include major site development and construction work, including:

* Steel structure and concrete work at the future copper-gold concentrator

* Construction of employee and contractor camps

* Installation of two new concrete-producing batch plants, including Mongolia’s largest with a daily capacity of 200 cubic meters

* Foundational work related to the construction of the Shaft #2 Headframe

* Installation of diesel power generation station

* Earthworks at the future open pit mine

* Light vehicle leasing and maintenance

* Operation and maintenance of site utilities

* Construction of 4,500-bed camp and facilities

* Employee secondment and personnel service

* Operation and maintenance of fuel distribution and storage facilities

* Charter flight services

* Site security services

* Engineering services

* Local transportation

* Information Technology and communications services

14 companies were awarded out of more than 130 permanent contractors and suppliers based on their safety, sustainability, employee training, quality and on-time delivery performances.

* Best developing supplier (Khanbogd) – Ulziit Munkh Ovoo LLC (Sewing of uniforms)

* Best developing supplier (Umnugobi) – Dayanbaigal LLC (Construction)

* Best small enterprise supplier – Nomgon gol LLC (Industrial products, electrical cables and consumables)

* Best medium enterprise supplier – Batseer LLC (Automotive and maintenance parts)

* Best regional supplier – Erdenet carpet factory (Carpet making)

* Best large enterprise supplier (Ulaanbaatar) – MCS Electronics LLC (Computer IT equipments)

* Best off site services supplier – Geomandal LLC (Camp and Ger producer)

* Strongest improvement in safety culture – Barilga corporation (Construction company and over 200,000 hours LTI free)

* Strongest commitment to employee training – Mongolian-Korean Technical College (Working with Wagner Asia Mongolia LLC on training)

* Best social contribution – Dary Solntsa and Tsogt Orshikhui LLC (Sewing of uniforms in ger districts)

* Most innovative supplier – RUC Mongolia LLC (Raise bore)

* Best delivery in full on time – Izmone LLC (Architect & Construction)

* Best consultancy – Agriteam LLC (Agricultural consultancy)

* Grand prix Best supplier 2010 – Ulziit Munkh Ovoo LLC (Sewing of uniforms)

ABOUT OYU TOLGOI LLC (www.ot.mn)

Oyu Tolgoi LLC is constructing and will operate the Oyu Tolgoi copper-gold project in southern Mongolia, which will be Mongolia’s largest copper and gold mine. Oyu Tolgoi is scheduled to begin commercial production in 2013. Oyu Tolgoi is a strategic partnership between the Government of Mongolia, which owns 34%, Ivanhoe Mines, which owns 66%, and Rio Tinto.

Oyu Tolgoi is committed to implementing best-practice environmental management, applying modern extraction and processing technology and ensuring the health and safety of its employees. The company works closely with local populations in contributing to the development of sustainable communities and preserving customs and cultural heritage.

Oyu Tolgoi currently employs 3503 Mongolian employees and has 2420 Mongolian suppliers on its preferred supplier list.

Carolina vs. SKA St. Petersburg - Highlights

2010-10-05T19:35:00.003+08:00

Introduction to the scale of the Mongolian opportunity /Robert Friedland/

2010-09-29T10:05:00.000+08:00

In November, the Mongolia Investment Summit is bringing key representatives from Government and industry in Mongolia to present the opportunities Mongolia holds for investors in London and across Europe.

Robert Friedland, Executive Chairman of Ivanhoe Mines will be presenting at the event this year on their ongoing work developing the Oyu Tolgoi Mine. As an introduction to the scale of the Mongolian opportunity, we would like to offer to you a chance to download the presentation made by Peter Meredith, Deputy Chairman of Ivanhoe Mines at the World Mining Investment Congress last month.

The Wall Street Journal Asia - 13.09.2010

2010-09-14T16:33:00.000+08:00

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Yitai Coal, Mongolian Mining Plan Hong Kong IPOs

2010-09-02T20:37:00.001+08:00

Inner Mongolia Yitai Coal Co. and Mongolian Mining Corp. are planning initial public offerings in Hong Kong, becoming the latest coal miners to choose the southern Chinese city as the market of choice for raising capital.

Yitai Coal, based in China's Inner Mongolia, plans to raise $1 billion to $2 billion in an IPO ahead of a listing in Hong Kong in the fourth quarter. Mongolian Mining, a coking-coal producer formerly known as Energy Resources, is looking to raise around $700 million ahead of a Hong Kong listing Oct. 5, according to a term sheet. Mongolian Mining's IPO will be the first in Hong Kong by a company based in Mongolia.

The listings highlight China's ever-increasing energy needs. Coal mines in Mongolia and Inner Mongolia are keen to expand their production capacity by taking advantage of China's growing coal consumption. China was a net exporter of coal until last year, when rising domestic demand -- coupled with the start of a major overhaul of mines in the key production hub of Shanxi province in northern China -- prompted it to scour the Asia-Pacific region for available coal supply.

Yitai Coal has said it hopes the IPO will help fund its planned acquisition of 8.45 billion yuan ($1.24 billion) in coal assets from parent company Inner Mongolia Yitai Group. The number of new shares it plans to issue would amount to at least 15% of its enlarged share capital. The company's assets totaled 23.12 billion yuan at the end of March.

Mongolian Mining plans to list about 20% of its enlarged share capital before an overallotment option of around 15% of the deal size is exercised, according to the term sheet.

Landlocked Mongolia's largely untapped mineral and energy resources have been generating a lot of interest from investors. Mongolia's proximity to China, a major customer for its iron ore, copper, coal and other commodities, adds to its appeal.

Mongolian Mining's Ukhaa Khudag mine is roughly 152 miles 245 kilometers from the Chinese border. The company intended to build a private railway linking the mine directly to the Chinese border, but those designs have been put on hold amid plans by the Mongolian government to build a railway link to Sainshand and connect with the Trans-Mongolian Railway. In the absence of an extensive network of railways, many Mongolian mining sites currently truck resources to China.

Citigroup Inc. and J.P. Morgan Chase & Co. are bookrunners on the Mongolian Mining deal. UBS AG, BOC International Holdings Ltd., China International Capital Corp. and BNP Paribas SA are handling the Yitai Coal deal, the people said.

Mongolian Mining to raise $700m via Hong Kong IPO

2010-09-02T15:06:00.001+08:00

HONG KONG (Reuters) -

Mongolian coking coal producer Mongolian Mining Corp (formerly Energy Resources) plans to raise about $700 million through an initial public offering on the Hong Kong stock exchange, according a term sheet obtained by Reuters.

Mongolian Mining, which aims to price the offer on Sept. 24, will be the first company listed in Hong Kong to be fully based and operated in Mongolia. The listing is scheduled for Oct. 5.

Citigroup (C.N) and JP Morgan (JPM.N) were joint global coordinators for the offer, the term sheet said.

Global investors are have shown increased interest in Mongolia since it sealed a deal last year with Ivanhoe Mines Ltd (IVN.TO) and Rio Tinto Ltd (RIO.AX)(RIO.L) to develop the $3 billion Oyu Tolgoi mine, one of the world's biggest untapped copper and gold deposits.

Mongolia's domestic companies are seeking foreign capital to help them expand. The Mongolian government is trying to connect local companies and its stock market with the rest of Asia, hoping to turn domestic franchises into regional ones.

Mongolian Mining said it would use the proceeds to buy more mining assets and to build infrastructure. (Reporting by Denny Thomas; Editing by Chris Lewis)

Energy Statistics of Non-OECD Countries 2010

2010-08-08T21:04:00.000+08:00

This publication offers the same in-depth statistical coverage as the homonymous publication covering OECD countries. It includes data in original units for more than 100 individual countries and nine main regions. The consistency of OECD and non-OECD countries’ detailed statistics provides an accurate picture of the global energy situation for 2007 and 2008.

Waving Flag Universe Best Songs 2010 / Mongolian Young Artists/

2010-07-02T09:59:00.000+08:00

WAVING FLAG - South Africa 2010 Official Song

2010-07-02T09:56:00.002+08:00

IIHF WC 2010: 1/4 finals - Russia 5-2 Canada

2010-05-22T09:49:00.002+08:00

Mongolia may decide soon on uranium joint venture with Russia

2010-05-10T20:27:00.000+08:00

Mongolia may decide soon on uranium joint venture with Russia

15:00 04/05/2010 The government of Mongolia could soon decide on establishing a joint venture with Russia to develop a Mongolian uranium deposit, the head of the Russian civilian nuclear power corporation, Rosatom, said on Tuesday>>

Other news of the day

Tavan Tolgoi Agreement to be Exhibited to Parliament

2010-04-24T20:44:00.000+08:00

Mongolia may soon launch start of Tavan Tolgoi high-grade thermal coking coal mine.

The government, which has taken 100 percent interest of the project through its wholly-owned Erdenes MGL Company, agreed to submit draft investment agreement of Tavan Tolgoi with potential strategic investors to National Security Council headed by the President Ts.Elbegdorj for recommendations.

The National Security Council, which also consists of Speaker of Parliament D.Demberel and Prime Minister S.Batbold, is expected to discuss the draft investment agreement in the nearest days and release recommendations to set in the agreement.

More than ten international businesses have expressed their interests in developing Tavan Tolgoi project. But the government has yet to name winner which will sign trilateral agreement with Government and Erdenes MGL.

The government intends to speed up signing of the agreement and secure as much participation of local Mongolian businesses as possible, and to make more value added products rather than exporting unprocessed minerals.

In order to sign the investment agreement with 19 chapters and 143 articles, the Parliament need to amend current effective Mineral Law, government spokesperson said.
Those interested parties are as following:

•    A consortium of Vale (Brazil), Jindal Steal and Power (India), and eleven other South Korean companies
•    A consortium of Bazovoy Element (Russia) and Renovo (Russia)
•    A consortium of Peabody Energy (USA) and Shenhua Energy (China)
•    A consortium of Mitsiu (Japan), Itochu (Japan), Marubeni (Japan), and Sumitomo (Japan)
•    Xstrata (Switzerland-Australia)
•    Russian Railway (Russia)
•    Erdos Chinglon Coal (China)

Mongol Trader-3

2010-04-21T13:29:00.000+08:00

Universe Best Songs - We Are the World

2010-04-16T21:30:00.003+08:00

Queen-we are the champion(mongolia).2010

2010-04-01T11:09:00.000+08:00

Midterm Growth Perspectives & Economic Development Strategic Plan 2010-2015

2010-03-14T13:28:00.000+08:00

Midterm Growth Perspectives & Economic Development Strategic Plan 2010-2015

Ch.Khashchuluun

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Oliver Shanti & Friends - Sacral Nirvana

2010-03-11T15:30:00.000+08:00

English for the Financial Sector

2010-03-10T09:38:00.001+08:00

"English for the Financial Sector (Audiobook + Teacher's book)"

108 pages, Audio CD | PDF, mp3 | 102 MB

English for the Financial Sector helps learners to prepare for a career in finance and enables those already working in the industry to improve their financial English.
Providing at least 50 hours of classroom material, this course builds financial language and teaches students about key financial concepts. It also focuses on the communication skills necessary for working effectively within the industry. It covers a wide range of financial topics, including retail and investment banking, accounting, trade finance, and mergers and acquisitions.

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Michael Jackson -Thriller

2010-03-04T17:49:00.000+08:00

Energy Resources Mulls London IPO, Shareholder Says

2010-02-24T16:11:00.000+08:00

Feb. 23 (Bloomberg) -- 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.
“It’s just an idea at the moment, but we are looking to raise funds and an overseas listing is a good way to raise the profile of the company,” Gankhuyag Adilbish, managing director of MCS Holding LLC, said in a phone interview. No bankers have been hired yet, Adilbish said.

Energy Resources may more than double coking coal production this year as global demand for the steelmaking ingredient increases with the economic recovery. SouthGobi Energy Resources Ltd., which mines coal in Mongolia, raised $394 million in Hong Kong last month in a secondary listing.

Energy Resources “knows the ability to raise money domestically is limited so it needs to look abroad to raise funds,” said Masa Igata, chief executive officer of Frontier Securities which advises investors on Mongolia. “After SouthGobi’s listing in Hong Kong, it should be easier for Mongolian companies to list overseas as their profile has been raised.”

Energy Resources may need “at least several hundred million dollars” as part of a plan to raise annual production to 10 million metric tons in a few years, Igata said. Adilbish declined to comment on how much the company is seeking to raise in the possible share sale.

Expansion Plan

The Mongolian company operates one pit at Ukhaa Khudag in the south of the country, which produced about 1.8 million tons of coking coal last year, Financial Director Baterdene Gansukh said in an interview. Output may rise to as much as 4 million tons this year, he said.

Macquarie Bank Ltd. raised its global estimate for 2010 coking coal demand to 244 million tons from 225 million tons in November. BHP Billiton Ltd., the world’s largest mining company, is probably asking Japanese steelmakers to pay $240 a ton for coking coal, UBS AG said Feb. 18. Annual contract prices were set at about $129 a ton for the year ending March 31.

MCS, described as a Mongolian private consulting company on Energy Resources Web site, owns more than half of the miner, Gansukh said, without giving specific details. Other shareholders include the European Bank for Reconstruction and Development which invested up to $30 million last year.

Mongolian Resources

Mongolia is seeking $25 billion in overseas investments over five years to develop its metal and coal resources.

The government is considering creating national companies for each commodity such as copper and gold that would then sell shares to global investors, Prime Minister Sukhbaatar Batbold said in an interview this month.

Mongolia is also seeking to develop the $2 billion Tavan Tolgoi coal deposit. Among the companies which have expressed an interest in developing Tavan Tolgoi are Peabody Energy Corp. and China Shenhua Energy Co. the nation’s biggest coal company, Batbold said.

Ovechkin, Gonchar, Kovalchuk, Volchenkov talk about Czech Republic, hit on Jagr

2010-02-24T12:13:00.002+08:00

After the 4-2 victory against Czech Republic many players agreed that the Ovechkin hit on Jagr turned the momentum in Russia's favor. Team Russia players felt that this was the key event of the game and it helped their team getting the edge over Czech Republic.

RussianHockeyFans.com offers you a translation of short quotes taken right after the game from Sergei Gonchar, Ilya Kovalchuk, Evgeny Nabokov, Alexander Ovechkin and Anton Volchenkov.

Battle for Khan

2010-02-22T16:44:00.001+08:00

Russian and Chinese state companies are competing in quest for uranium resources in Mongolia. Mongolia’s two superpower neighbours, Russia and China, are eyeing huge uranium resources in the Central Asian nation to meet growing demand and maintain geopolitical supremacy. Russia, the world’s fifth largest uranium producer and holder of the world’s third largest uranium reserves, signed an agreement in May last year with Mongolia on establishing a joint venture to develop Mongolia’s uranium deposits. Almost in half year time in December 2009, Russia’s state-owned AtomRedMetZoloto (ARMZ), the world’s fifth largest uranium producing company, made a hostile bid to acquire Khan Resources, a Canadian company that holds a 58% stake in the Dornod property, the largest uranium deposit in Mongolia. Along with Russian, Chinese companies have also expanded their foreign resource acquisitions to uranium miners in Mongolia. CNNC, China’s state-owned company, acquired a 69% stake in Western Prospector, a Toronto-listed uranium exploration company with assets in Mongolia, for US$25mn on June last year. And the Chinese nuclear company has bid for Khan Resources, the same target for Russian ARMZ.

Khan Resources – a battle between ARMZ and CNNC. Khan entered into a Memorandum of Understanding with the Mongolian Government on January 14 2010, in response to ARMZ’s bid, which Khan believes as “an opportunistic and inadequate offer”. The new non-binding memorandum suggests that MonAtom, the state-owned company, will acquire a 51% in each majority Khan-owned Central Asia Uranium Company (CAUC) and Khan Mongolia in accordance with the Nuclear Energy Law. Along with ARMZ, CNNC agreed on 1 February 2010 to acquire all of Khan’ outstanding common shares for cash consideration of C$0.96 per share, a 48% premium to ARMZ’s bid price. Khan’s management recommended shareholders accepting CNNC’s offer that comes with more favorable conditions than those of ARMZ. In response to the Chinese rival’s bid, ARMZ is expected to announce that it has increased its bid to C$1.01 per share, a 5.2% premium to the CNNC’s offer price, Associate Press reported yesterday.

Russia defeats Czech Republic 4-2, gains quarterfinal bye

2010-02-22T07:38:00.000+08:00

VANCOUVER — An earlier shootout loss to Slovakia turned out to be just a blip for the Russians as they downed the Czech Republic 4-2 to earn one of the quarterfinal byes in the men's Olympic hockey tournament.

Based on two regulation wins and one overtime loss, the Russians finish pool play with seven points and a plus-seven goal differential.

They will have to await the results of Sunday's Canada-USA and Sweden-Finland games to know their seeding. The top four teams in pool play gain byes into the quarterfinals, with the remaining teams playing wild card games to make the quarterfinals.

SUMMARY: Russia 4, Czech Republic 2

Malkin scored a pair of goals for the Russians, with his second coming early in the third period after Russian star Alex Ovechkin decked Czech star Jaromir Jagr with a crushing shoulder to the head. Jagr lost the puck, and moments later Malkin scored what ended up being Russia's winning goal.

Russia had a 3-1 lead at that point, but Milan Michalek scored with 5:09 lett in the third period to make it a one-goal game. Jagr was in front, possibly screening goalie Evgeni Nabokov..

At 15:13 of the first period, Malkin had scored a power-play goal to give Russia a 1-0 lead. He threaded a puck past Czech goalie Tomas Vokoun from the right wing circle.

Back-to-back penalties to KHL defenseman Konstantin Korneyev and former NHL player Sergei Fedorov led to a 5-on-3 power play goal by Tomas Plekanec to tie the game 1-1.

Russia had a chance to clear the puck out of the zone, but Pavel Datsyuk couldn't bat it out of the air. After it landed, Patrick Elias flipped it forward to Plekanec, who roofed a shot into the far corner.

The Russians went ahead 14:34 in the second period when Viktor Kozlov scored. Datsyuk added an empty-netter with 12.3 seconds left in regulation.

Fedorov misses practice, Kovalchuk out of Malkin's line, Nabokov to start against Czechs

2010-02-20T15:34:00.002+08:00

Here is the latest news from the Russian team at the Olympic Games 2010 in Vancouver.

Evgeny Nabokov will start in the game against the Czech Republic
Igor Zakharkin, Russian coach to Pavel Lysenkov of SovSport: "We think that with Nabokov in the net our players feel more confident."

Sergei Fedorov missed a practice
Zakharkin: "Fedorov has an individual program. But he's alright, there is no injury."

New lines in the game against the Czech Republic
Zakharkin: "Maybe we are going to switch the center forwards. We think that Kovalchuk's efficiency should be higher. We remember what chemistry Malkin and Kovalchuk had at the World Championship 2008, but two years have passed and they are different players now, their styles changed too. There is a bit of imbalance on the Kovalchuk-Malkin-Afinogenov line. We hope to fix it."

Winter Olympics 2010 █ Russia vs. Latvia Highlights █ Ice hockey

2010-02-19T12:48:00.001+08:00

2010-02-08 - 06:17:00 - =DJ UPDATE: Mongolia PM: Tavan Tolgoi Ownership Must Remain With Govt

2010-02-10T20:23:00.000+08:00

ULAANBAATAR, Mongolia (Dow Jones)--Mongolian Prime Minister Sukhbaatar Batbold said Monday ownership of key deposits other than Tavan Tolgoi, a huge coking coal deposit, would be decided on a "case by case basis."

Last week, people familiar with the situation said the government was likely to back out of a plan to sell a 49% stake in Tavan Tolgoi, opting for mining contracts or production-sharing arrangements.

Speaking to reporters at the first Mongolia Economic Forum, Batbold said he favors keeping Tavan Tolgoi under 100% government ownership.

Besides Tavan Tolgoi, mineral-rich Mongolia has numerous other deposits that can be developed.

"Contract mining is widely used in the U.S. and Australia, so this should be useful to Mongolia. We must see how we can create favorable conditions for foreign investment," he said.

The prime minister, who came into office in October last year, said his recommendation on Tavan Tolgoi was still under discussion.

"A task force must still study the proposal and then make a recommendation to Parliament for endorsement."

The government's plan to sell a stake in Tavan Tolgoi had attracted bidders such as companies such as BHP Billiton Ltd. (BHP), Brazil's Vale SA (VALE), Peabody Energy Corp. (BTU), India's Jindal Group and China Shenhua Energy Co.(1088.HK).

The Tavan Tolgoi mining deposit, located in Mongolia's South Gobi desert, has estimated coking coal reserves of 6.5 billion metric tons and was originally developed with government funding.

Mongolia has some of the world's largest untapped reserves of coal, copper and other commodities.

Lawmakers are targeting US$10 billion-US$15 billion in new mining investment in the next five years, Ch. Khurelbaatar, a government member of parliament and head of Mongolia's standing committee on finance and budget, said late last year.

Interest in Mongolian mining assets has piqued the interest of potential investors since the government signed a landmark deal last year with Canada-based Ivanhoe Mines Ltd. to develop the US$4 billion Oyu Tolgoi mine project.

Mongolia (Country Guide)

2010-02-04T09:56:00.005+08:00

Discover Mongolia
Cling to your camel as a Gobi sandstorm sweeps past
Learn the 'three manly sports' while visiting nomad families on a Ger-to-Ger adventure
Honor the sky gods with the famous vodka dip-and-flick ritual
Stretch out your vocal cords with a throat-singing lesson in Chandmani

In This Guide:

Our intrepid author conducted 180 days' research, covered 8259km and drank 135 cups of salty milk tea
New Outdoors chapter details activities from cycling the Chinggis Khaan trail to horse trekking in the steppes

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Culture and Customs of Mongolia

2010-02-04T09:53:00.002+08:00

The Gobi Desert, cold mountainous regions, and harsh climate of Mongolia leave it with one of the lowest population densities in the world. Nonetheless, Mongolians are proud of their long heritage, and carry even today their customs of the past. In this all-inclusive study of contemporary Mongolian life, readers will learn about nomadic lifestyles still practiced today.Other topics covered include Buddhism and other religions, literature, arts, cuisine, dress, family life, festivals and leisure activities, social customs, and lifestyle. May also includes an overview of Chinggis Khan, the father of the Mongol Empire, and his legacy in Mongolian culture today. Ideal for high school and undergraduate students, this volume is an essential addition to library shelves.

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Morris Rossabi: Modern Mongolia: From Khans to Commissars to Capitalists

2010-02-04T09:47:00.001+08:00

Product Description
Land-locked between its giant neighbors, Russia and China, Mongolia was the first Asian country to adopt communism and the first to abandon it. When the Soviet Union collapsed in the early 1990s, Mongolia turned to international financial agencies--including the International Monetary Fund, the World Bank, and the Asian Development Bank--for help in compensating for the economic changes caused by disruptions in the communist world. Modern Mongolia is the best-informed and most thorough account to date of the political economy of Mongolia during the past decade. In it, Morris Rossabi explores the effects of the withdrawal of Soviet assistance, the role of international financial agencies in supporting a pure market economy, and the ways that new policies have led to greater political freedom but also to unemployment, poverty, increasingly inequitable distribution of income, and deterioration in the education, health, and well-being of Mongolian society.

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Van Rompuy with the President of Mongolia

2010-02-03T12:40:00.002+08:00

Van Rompuy with the President of Mongolia from council_of_the_eu on Vimeo.

Herman Van Rompuy has met Tsakhia Elbegdorj, President of Mongolia.

VIP76

2010-02-02T16:48:00.000+08:00

Үргэлжлэлийг http://tsogtbayar.niitlelch.mn/home.shtml?returnFromCas=true

World Economic Forum - Annual meeting

2010-02-01T11:46:00.002+08:00

Uranium: The Leisure Suit of Investments

2010-02-01T10:37:00.005+08:00

“You are so on target!!” Paul Cunningham said of the January 11th issue of IDE.
In that issue, we talked about the decarbonization of energy. With global concerns about carbon footprints, the move to nuclear energy is a foregone conclusion in much of the world. Why? Just look at the numbers:

1 kg of firewood produces about 1kWh of electricity.
1 kg of coal or oil produces about 3 or 4 kWh of electricity.
1 kg of natural uranium produces nearly 50,000 kWh of electricity!

China has taken the lead, with plans to build 10 new reactors a year for the next decade. India and Russia aren’t far behind. The U.S. has 17 applications to build 26 reactors waiting for approval. Energy consumption is expected to grow by 40% by 2030. And nuclear is the only source that can meet that demand.
That, briefly, is the case for a long-term bull market in uranium. It’s a simple case of supply and demand. Current uranium production doesn’t meet current demand. And demand will do nothing but increase as more reactors come online.
Paul Cunningham continues:
“When I was head of an electric utility, I pushed for a greater position in nuclear, only to be shouted down by the environmentalists who carried the guilt of Hiroshima and took advantage of the two nuclear ‘events’ you mentioned.
“Sadly, we are now behind other nations in utilizing this technology. It is not perfect, but is certainly the best of all currently available electric energy sources.
”Keep up the good work!”
And Bruce McKeon had this to say:
“Darn! I got rid of my leisure suit years ago!
“We still have to address spent fuel storage and conversion, and get over the NIMBY behavior that has not allowed that to happen in the past. Meanwhile, uranium mining seems a good investment.”

Mongolia Monthly Economic Update: Dec, 2009

2010-01-29T11:39:00.001+08:00

МОНГОЛ УЛСЫН МАКРО ЭДИЙН ЗАСГИЙН БАЙДАЛ (2009 оныбайдлаар)

Улсын нэгдсэн төсөв

Улсын нэгдсэн төсвийн нийт орлого, тусламжийн дүн 2009 оны урьдчилсан гүйцэтгэлээр 1993,0 тэрбум төгрөг, нийт зарлага ба эргэж төлөгдөх цэвэр зээлийн хэмжээ 2321,6 тэрбум төгрөг болж, нийт тэнцэл 328,6 тэрбум төгрөгийн алдагдалтай гарлаа. Төсвийн алдагдал өмнөх оныхоос 32,2 тэрбум төгрөгөөр нэмэгдэхэд төсвийн орлогын бууралт зардлынхаас 2,3 пунктээр өндөр байгаа нь нөлөөлжээ. Төсвийн урсгал орлого 1965,5 тэрбум төгрөг, урсгал зардал 1792,1 тэрбум төгрөг болж, урсгал тэнцэл 173,4 тэрбум төгрөгийн ашигтай гарлаа. Татварын нийт орлого өмнөх оныхоос 275,6 тэрбум төгрөг буюу 14,6 хувиар буурахад зарим бүтээгдэхүүний үнийн өсөлтийн албан татварын орлого 198,3 тэрбум төгрөг буюу 51,1 хувь, аж ахуйн нэгжийн орлогын албан татварынх 47,9 тэрбум төгрөг буюу 18,9 хувь, нэмэгдсэн өртгийн албан татварынх 42,2 тэрбум төгрөг буюу 11,5 хувь, онцгой албан татварынх 11,7 тэрбум төгрөг буюу 6,6 хувиар тус тус буурсан нь голлон нөлөөлсөн. Татварын бус орлого өмнөх оныхоос 90,1 тэрбум төгрөг буюу 34,6 хувиар өсөхөд хувьцааны ногдол ашгийн орлого 75,5 тэрбум төгрөг буюу 3,3 дахин, навигацийн орлого 11,5 тэрбум төгрөг буюу 60,1 хувиар өссөн нь голлон нөлөөлсөн байна. Улсын нэгдсэн төсвийн нийт зарлага, эргэж төлөгдөх цэвэр зээлийн хэмжээ 2009 оны урьдчилсан гүйцэтгэлээр 2321,6 тэрбум төгрөг болж өмнөх оныхоос 145,2 тэрбум төгрөг буюу 5,9 хувиар буурчээ. Үүнд цалин, хөлсний зардал 34,4 тэрбум төгрөг буюу 6,3 хувь, татаас шилжүүлэг 107,2 тэрбум төгрөг буюу 15,6 хувиар өссөн хэдий ч бараа, үйлчилгээний бусад зардал 119,8 тэрбум төгрөг буюу 23,5 хувь, хөрөнгийн зардал 166,5 тэрбум төгрөг буюу 26,7 хувиар буурсан нь нөлөөлжээ.

Хэрэглээний үнийн индекс

Үндэсний Статистикийн хорооноос гаргасан статистик мэдээллээр улсын хэмжээнд тооцсон Хэрэглээний үнийн индекс (ХҮИ) 2009 оны жилийн эцсийн байдлаар өмнөх оноос 4,2%-аар тус тус өсөв. Инфляцийн жилийн дундаж тувшин 8,0 хувь байж, өмнөх оныхоос 20 пунктээр буурлаа. Хэрэглээний үнийн улсын индекс өссөний дотор согтууруулах ундаа, тамхины бүлгийн үнэ дүнгээрээ 20,2 хувь, бусад бараа, үйлчилгээнийх 14,1 хувь, зочид буудал, нийтийн хоол, дотуур байрны үйлчилгээнийх 11,1 хувь, хувцас, гутал, бөс барааных 10,9 хувь, боловсролын үйлчилгээнийх 9,9 хувь, эм, тариа, эмнэлгийн үйлчилгээнийх 9,7 хувь , гэр ахуйн бараа, тавилгынх 9,2 хувь, холбооны үйлчилгээнийх 4,8 хувь, амралт, чөлөөт цаг, соёлын бараа, үйлчилгээнийх 4,7 хувь, тээврийнх 1,4 хувь, орон сууц, ус, цахилгаан, түлшнийх 0,6 хувь, хүнсний барааных 0,4 хувиар тус тус өсчээ.

Гадаад худалдаа

Гадаад худалдааны нийт бараа эргэлт 4033,9 сая ам.доллар, үүнээс экспорт 1902,6 сая ам.доллар, импорт 2131,3 сая ам.доллар болж, гадаад худалдааны тэнцэл 2009 онд 228,7 сая ам.долларын алдагдалтай гарлаа. Гадаад худалдааны алдагдлын хэмжээ өмнөх оныхоос 481,3 сая ам.доллар буюу 3,1 дахин багассан байна. Нийт экспортын хэмжээ 2008 оныхоос буурахад зэсийн баяжмалын биет хэмжээ 0,7 хувиар өссөн боловч үнийн дүн 39,9 хувь, цайрын баяжмалын биет хэмжээ 9,7 хувиар өссөн боловч үнийн дүн 20,8 хувь, боловсруулаагүй алтны биет хэмжээ 47,1 хувь, үнийн дүн нь 44,0 хувиар тус тус буурсан нь голлон нөлөөлжээ.

Эх үүсвэр: Үндэсний Статистикийн Хороо

Эдийн засгийн салбарын үзүүлэлт

Улсын хэмжээнд 2009 онд 252,4 мянган га-гаас 391,7 мянган үр тариа, 13,5 мянган га-гаас 151,2 мянган төмс, 6,5 мянган га-гаас 78,0 мянган хүнсний ногоо хурааж, 893,4 мянган хадлан, 23,1 мянган гар тэжээл бэлтгэсэн байна.
Аж үйлдвэрийн нийт бүтээгдэхүүний үйлдвэрлэлт 2009 онд 1704,7 тэрбум төгрөг болж, өмнөх оны мөн үеийнхээс 58,1 тэрбум буюу 3,3 хувиар буурлаа. Үүнд: уул уурхай, олборлох аж үйлдвэрийн салбарын үйлдвэрлэлт 83,3 тэрбум төгрөг буюу 14,2 хувиар, металлын хүдэр олборлолтын дэд салбарынх 48,9 тэрбум төг буюу 6,2 хувиар буурсан нь голлон нөлөөллөө.
Уул уурхай, олборлох аж үйлдвэрийн салбарт нүүрс олборлолт 34,2 хувь, газрын тос, шатдаг хий олборлолт 59,3 хувь, боловсруулах аж үйлдвэрийн салбарт хүнсний бүтээгдэхүүн, ундаа үйлдвэрлэл 22,1 хувь, арьс, шир боловсруулах, ширэн эдлэл, гутал үйлдвэрлэл 42,5 хувь, цаас, цаасан бүтээгдэхүүн үйлдвэрлэлт 88,1 хувь, химийн бүтээгдэхүүн үйлдвэрлэл 27,3 хувь, резин болон хуванцар бүтээгдэхүүн үйлдвэрлэл 41,1 хувь, тээврийн бусад хэрэгсэл үйлдвэрлэл 11,1 хувь, цахилгаан, дулааны эрчим хүч үйлдвэрлэлт, усан хангамжийн салбарт цахилгаан, дулаан, уур үйлдвэрлэл 2,2 хувь зэрэг дэд салбарын үйлдвэрлэл нэмэгдлээ.
Улсын хэмжээнд 2009 оны урьдчилсан гүйцэтгэлээр нийт 279,4 тэрбум төгрөгийн барилга угсралт, их засварын ажил гүйцэтгэсний 250,6 тэрбум төг буюу 89,7 хувийг дотоодын барилгын байгууллагууд, 28,8 тэрбум төгрөг буюу 10,3 хувийг гадаадын барилгын байгууллагууд гүйцэтгэсэн байна.

Санхүүгийн зах зээл, мөнгөний тойм

Mонгол банкны мэдээгээр мөнгөний нийлүүлэлт (M2) 2009 оны эцэст 2880,0 тэрбум төгрөгт хүрч нь өмнөх сарынхаас 164,8 тэрбум төгрөгөөр буюу 6,1 хувиар өсч, өмнөх оны мөн үетэй харьцуулахад 610,0 тэрбум төгрөгөөр буюу 26,9 хувиар өсчээ байна. Гүйлгээнд байгаа бэлэн мөнгө 2009 оны 12 дугаар сарын эцэст 371,8 тэрбум төгрөгт хүрсэн нь өмнөх сарынхаас 7,9 тэрбум төгрөгөөр буюу 2,2 хувиар өсч, өмнөх оны мөн үетэй харьцуулахад 35,4 тэрбум төгрөгөөр буюу 8,7 хувиар тус тус буурлаа. Иргэд, байгууллагын төгрөгийн хадгаламж өмнөх, сарынхаас 86,8 тэрбум төгрөг буюу 7,6 хувиар, 2008 оны 12 дугаар сарынхтай харьцуулахад 335,6 тэрбум төгрөг болжээ. Гадаад валютын хадгаламж 2009 оны эцэст 622,1 тэрбум төгрөг болж өмнөх оны 12 дугаар сарынхаас 181,9 тэрбум төгрөг буюу 41,3 хувиар нэмэгджээ.
2009 оны 12 дугаар сарын эцэст аж ахуйн нэгж, байгууллага, иргэдэд олгосон нийт зээлийн өрийн үлдэгдэл 2655,0 тэрбум төгрөгт хүрч, өмнөх сарынхаас 23,0 тэрбум төгрөг буюу 0,9 хувиар өсчээ.
Санхүүгийн салбарын нийт хөрөнгийн 95 орчим хувийг эзэлдэг банкны салбарын актив хөрөнгө өмнөх оны эцэстэй харьцуулахад 2009 оны эцэст 21.8 хувиар буюу 733.2 тэрбум төгрөгөөр өссөн нь өмнөх оны сүүлийн хагас жилд буураад байсан иргэд, байгууллагын банкинд итгэх итгэл сэргэж, харилцах, хадгаламжийн хэмжээ өссөнтэй холбоотой.

Эх үүсвэр: Үндэсний Статистикийн Хороо

Khan Signs Memorandum of Understanding With MonAtom LLC

2010-01-26T10:53:00.003+08:00

Khan Resources Inc. (TSX:KRI), a Canadian junior with market cap of 44 million CAD whose “current activities are focused on the Dornod area in northeastern Mongolia, the site of a former Russian open-pit uranium mine” that was much in center of spotlight last year caused by controversial Law on Nuclear Energy ” announced today that it has signed a non-binding memorandum of understanding ("MOU") with MonAtom LLC ("MonAtom"), the Mongolian state-owned uranium development company. The MOU establishes the principal elements of a joint venture transaction which would finalize the ownership structure surrounding the Dornod uranium project, and creates a framework for developing the project and bringing it into operation as expeditiously as possible. Khan's objective in entering into this MOU is to protect and preserve value for Khan's shareholders in light of the Mongolian Nuclear Energy Law, the status of Khan's mining and exploration licenses in Mongolia and the hostile bid by JSC Atomredmetzoloto ("ARMZ"). Khan's Board of Directors believes that the transactions contemplated by the MOU will, when completed, deliver far greater value to Khan's shareholders than the $0.65 per share offered by ARMZ in its hostile bid.

Khan's two principal assets in Mongolia are mining license 237A held by its 58% owned subsidiary Central Asian Uranium Company, Limited ("CAUC") and exploration license 9282X held by its wholly owned subsidiary Khan Mongolia XXK ("Khan Mongolia"). CAUC is a joint venture between Khan (58%), MonAtom (21%) and the Russian company JSC Priargunsky Industrial Mining and Chemical Union ("Priargunsky"), a subsidiary of ARMZ.

The principal elements of the proposed transaction include:

the two pending applications to re-register the existing CAUC mining license and Khan Mongolia exploration license under the Nuclear Energy Law to be approved and new licenses issued within seven days of signing the MOU;
Khan Mongolia's exploration license to be converted into a mining license within 45 days of signing the MOU.
Khan and MonAtom would enter into a new joint venture arrangement whereby Khan and MonAtom would each hold shares of a joint venture company which would have ownership in both CAUC and Khan Mongolia.
The proposed structure contemplates MonAtom acquiring a 51% interest in each of CAUC and Khan Mongolia in accordance with the Nuclear Energy Law, but MonAtom would then transfer to Khan part of its interest in the joint venture in exchange for newly issued shares of Khan representing 17% of Khan's outstanding shares, and a warrant to purchase an additional 2.9% of the shares of Khan at an exercise price equal to the market price on the date that the definitive agreements are signed. This transfer would result in Khan owning 65% of the joint venture company and the joint venture company owning 74% of CAUC and 100% of Khan Mongolia.
In addition, Khan would have the right to nominate a majority of the members, including the Chair, of the management committee which will serve as the governing body of the joint venture. Certain fundamental decisions would require unanimous approval of the management committee. As long as MonAtom remains a significant shareholder of Khan, it would be entitled to nominate two candidates for election to Khan's board of directors.
Khan Mongolia would be appointed as the operator of the project pursuant to long term operator agreements with fees on a cost plus basis.
The joint venture partners will use their best efforts to negotiate and finalize an investment agreement ("Investment Agreement") with the Government of Mongolia on an expedited basis, with the goal of entering into such agreement within six months after signing the definitive joint venture agreement.
Khan and MonAtom intend that the MOU, definitive joint venture agreement and Investment Agreement will generally follow the precedent setting investment agreement entered into by Ivanhoe Mines, Rio Tinto and the Government of Mongolia in respect of the Oyu Tolgoi copper and gold mining project, which provides for, among other things, a stable tax and operational environment for the project, protection of the shareholders' investment in the project, and provisions relating to mining, environmental, health, social and economic matters.

The transaction is subject to a number of conditions including negotiating and signing the formal joint venture agreement, operator agreements and related definitive documentation, as well as required approvals thereof including by the Khan and MonAtom boards. The parties intend to immediately commence negotiations on the definitive agreements with a goal of entering into such agreements before the end of March 2010.

After consultation with its financial advisors, Haywood Securities Inc.. Khan's Board of Directors believes that, based on a Dornod after-tax net present value (NPV) using a 10% discount rate of U.S.$276 million, and Khan's resulting interest in the project following the transaction contemplated by the MOU, such transaction implies a value for Khan of approximately U.S.$2.14 (C$2.26) per common share. Accordingly, after taking into account Khan's cash on hand of C$0.26 per common share (after dilution), the total after-tax net asset value (NAV) attributable to Khan would be $2.52 per common share. Khan believes this amount more closely reflects the actual value of Khan's shares and represents a significant improvement in value for Khan shareholders when compared to ARMZ's opportunistic and inadequate offer of $0.65 per share.

"Since the passage of the Nuclear Energy Law last summer, it has been clear that the only viable path for Khan is to negotiate a mutually acceptable solution with the Government of Mongolia which achieves the Government's 51% ownership objective while protecting and maximizing value for Khan and its shareholders," said Martin Quick, President and CEO of Khan. "With this MOU, we think we have achieved the right balance. It gives us a stable ownership and regulatory platform upon which we can obtain the necessary financing to complete the project. We believe that this transaction delivers far greater long term value to Khan's shareholders than ARMZ's hostile bid."

Mr. Badamdamdin, CEO of MonAtom, said: "We are very happy to have negotiated this MOU with Khan. We respect Khan's operating and financial expertise and look forward to taking Dornod as quickly and efficiently as possible to production."

"The Board of Directors and Special Committee repeat our recommendation to all Khan shareholders to reject the highly conditional and opportunistic ARMZ Offer," said Mr. James Doak, Chairman of the Khan Board. "The MOU with MonAtom offers a going concern alternative that we hope, by removing regulatory uncertainty, will increase our share price closer to its net asset value. Our Board looks forward to working with MonAtom to negotiate and sign the definitive documents necessary to reflect the transactions contemplated by the MOU and develop the Dornod deposit into an operating uranium mine."

Since ARMZ launched its hostile offer to acquire all of the outstanding common shares of Khan at $0.65 per share on November 30, 2009 (the "ARMZ Offer"), the Special Committee of the Khan Board of Directors has been actively engaged in a process of identifying viable strategic alternatives that may be in the best interests of Khan and maximize value for its shareholders, having regard to the policies and laws of the Government of Mongolia and the unique circumstances in which Khan operates. Khan believes that the transactions contemplated by the MOU provide greater clarity for all interested parties to assess the true value of Khan and provides shareholders with a viable strategic alternative to the ARMZ Offer. Khan cautions, however, that the MOU is non-binding and is subject to negotiation of definitive documentation and other conditions. There can be no assurance that the transactions contemplated by the MOU will be concluded or that the terms and conditions or proposed final structure will not change.

UPDATE ON THE ARMZ OFFER

More information about the circumstances in Mongolia and the ARMZ Offer is provided in the Directors' Circular dated December 15, 2009 issued by Khan's Board of Directors. The Board continues to stand by its unanimous recommendation that shareholders reject the ARMZ Offer and not tender their shares to the ARMZ Offer. Khan strongly urges shareholders to read the Directors' Circular in its entirety and particularly the detailed "Reasons for Rejection" set out therein and summarized in Khan's related press release dated December 15, 2009.

ABOUT MONATOM LLC

MonAtom LLC is a Mongolian state-owned company in charge of representing the government of Mongolia in all activities regarding radioactive minerals. MonAtom LLC represents the Mongolian state ownership in all uranium projects in Mongolia and is the holder of all uranium licenses under Mongolian state control.”

KRI stock jumped 20 per cent on the announcement as of 2:30pm EST on January 26, 2010 trading at 0.82 CAD at TSX.

Regarding broader context of Mongolian uranium industry, according to Word Nuclear Association and “2007 Red Book, Mongolia has 62,000 tU in Reasonably Assured Resources plus Inferred Resources, to US$ 130/kg U.

Mongolia has a long history of uranium exploration commencing with joint Russian and Mongolian endeavours from 1950s involving investment of some US$ 200 million. Initial success was obtained in the Saddle Hills area of northeastern Mongolia (Dornod and Gurvanbulag regions) where uranium is present in volcanogenic sediments. However, the country has been considered to have relatively high political risk associated with investment. One aspect of this was the existence of an eminent domain provision for strategic minerals which involved the possibility of claw-back at the discretion of the government, applied where new exploration covered areas which were previously explored or developed, such as Dornod and Gurvanbulag. Originally this was understood to involve compensation if it were invoked, but this provision may have been abolished in the July 2009 Nuclear Energy Law.

The main uranium prospect is the Dornod open cut mine and undergound orebody, with the surrounding area containing a number of deposits in the Dornod aimag (province) in the far northeast of the country. The main deposits was mined by the Erdes Mining Enterprise, a subsidiary of Priargunsky Mining & Chemical Enterprise from 1988 to 1995. The ore was railed 400 km to Krasnokamensk in Siberia for treatment by Priargunsky. About 627 tU was produced.

Mardai township close to Dornod was built in the 1970s and was reported to house 10,000 Russian workers at the mine with a very high standard of living and commerce. It is now in ruins, and the railway north has been removed and the materials sold.

In 2008 the government established a new Ministry of Minerals and Energy. Then the Nuclear Energy Agency was set up about the beginning of 2009 as a government line agency directly accountable to the Prime Minister. In February 2009 the government set up MonAtom LLC to undertake uranium exploration and mining on behalf of the state, as well as pursuing nuclear energy proposals. It will hold the state's equity in uranium and nuclear ventures and so comes under the Nuclear Energy Agency and the State Property Committee. The Radiation Control Authority is a part of this Agency, along with MonAtom. The existing Mineral Resources and Petroleum Authority of Mongolia (MRPAM) is expected to work closely with MonAtom and the Nuclear Energy Agency.

In mid July 2009, after consultation with the International Atomic Energy Agency, parliament passed a Nuclear Energy Law to regulate the exploration, development, and mining of uranium and give the state a greater degree of ownership and control of uranium resources. It included transitional provisions dealing with existing mining and exploration licences.

In April 2008 Russia and Mongolia signed a high-level agreement to cooperate in identifying and developing Mongolia's uranium resources, and this aimed to restore and consolidate Russia's involvement in Mongolia's uranium sector. Russia is also examining the feasibility of building nuclear power plants in Mongolia.

During the visit of the Mongolian Prime Minister to Russia in mid 2009, an agreement was signed between the Mongolian Nuclear Energy Agency and Russia's Rosatom corporation. This agreement envisaged a creation of a joint venture company between MonAtom and ARMZ to develop two uranium projects in Mongolia in which Russia retains an historical stake: Dornod and exploring East Gobi further south. A Japanese partner in this joint venture is also envisaged. Rosatom says that the new JV is of particular interest due to its proximity (350 km direct) to Priargunsky operations, allowing creation of a "single infrastructure". Russian aid is expected for railway upgrades throughout Mongolia. The final intergovernmental agreement to set up the 50-50 joint venture - Dornod Uran LLC - was signed on 25 August. The joint venture is to be relieved from taxes and other compulsory payments imposed by Mongolian legislation, because Russian labour is to be used initially.

At least until mid August 2009, the Canada-based Khan Resources Inc. (KRI) claimed a 69% share in the Dornod project, mostly through a 58% subsidiary Central Asian Uranium Co. Ltd (CAUC), a Mongolian stock company set up by World Wide Minerals at the behest of the government in the late 1990s. Russia's Priargunsky Mining & Chemical Enterprise (a subsidiary of ARMZ and Rosatom) and the MonAtom own 21% of CAUC, which holds the only uranium mining licence in Mongolia. A bankable feasibility study undertaken for Khan had confirmed the viability of the project, the capital cost estimate being US$ 333 million and first production possibly in 2012. A definitive feasibility study released in March 2009 showed that the project was sound, on the basis of 24,780 tU indicated resources (NI 43-101 compliant), including 20,340 tU probable reserves. Annual production of 1150 tU over 15 years was envisaged. In July 2009 MRPAM suspended for three months the CAUC mining licence due to alleged violations of Mongolian laws. Then in late August the Nuclear Energy Agency announced that the joint venture of MonAtom with Russia's ARMZ would develop the project to produce about 2000 t/yr. Uranium will be exported but not necessarily to Russia.

Khan was granted a 3-year exploration licence from MRPAM early in 2008 covering part of the Dornod orebody, and was applying to have this converted into a mining licence contiguous with that held by CAUC. In addition, Khan holds 100% of an exploration license covering an adjoining "Additional Dornod property". In March 2009 Khan was reported as holding 58% of the No.2 deposit (open cute mine) and two thirds of the deep No.7 deposit (via CAUC?), and 100% of the remaining third of the No.7 deposit, which would give it 69% of the overall uranium resource. The company was aiming to negotiate an investment agreement with the government as soon as possible, and engineering was then likely to take three years to mine start up.

On 27 November 2009 ARMZ announced a cash offer to buy all Khan's shares, at a substantial premium on the market. ARMZ said that it believed "the offer represents full and fair value for the Khan shares and provides Khan shareholders with an opportunity to receive liquidity at a significant premium to the current market, as well as value certainty today, relative to the significant political and licensing risks associated with the development of the Dornod property in Mongolia." On 15 December Khan's board of directors unanimously recommended its shareholders reject the offer, describing it as inadequate, failing to recognize the full value of the company, and containing "objectionable" terms and conditions, as well as being "highly prejudicial and opportunistic" and exposing Khan to serious risks.

Gurvanbulag, about 30 km west of Dornod, had extensive underground development down to 560 metres in the Soviet era. The Canada-based Western Prospector Group Ltd Gurvanbulag as the main focus of its Saddle Hills project since 2004. A recent NI 43-101 inferred resource figure based partly on Russian exploration to 1989 is 9000 tU. Western Prospector and its Mongolian subsidiary, Emeelt Mines, undertook a definitive feasibility study which showed that the project is barely economic, on the basis of 6900 tU reserves averaging 0.137%U. With radiometric sorting the head grade would be 0.152%U and the mine could produce 700 tU/yr for 9 years. Mine development cost would be about US$ 280 million. It is only 100 km from the Chinese border.

In mid 2008 KRI made a bid to take over the Western Prospector Group so as "to consolidate its position in the Saddle Hills district" but was outbid by Tinpo Holdings, who subsequently withdrew the offer due to political uncertainty. In March 2009 Western Prospector agreed to a US$ 25 million takeover by China's CNNC International, a 74% subsidiary of CNNC Overseas Uranium Holding Ltd and through it, of SinoU. In June 2009, 69% of the shares had been taken over by CNNC. In July MRPAM suspended for three months all of the company's uranium exploration licences due to alleged violations of Mongolian laws, but MonAtom appears to be more positive about Chinese equity here than Canadian involvement. In October 2009 it said that CNNC's equity "would be decided soon", but it would evidently be less than 50%. CNNC said it hoped to start mining the deposit within two years.

Canada's Denison Mines has a 70% interest in the Gurvan Saihan Joint Venture (GSJV), with the Government of Mongolia and a Russian partner, and also holds leases though its Mongolian affiliate International Uranium Mongolia XXK (IUM). GSJV has focused on defining ore which is amenable to ISL mining, and it holds interests in several Mongolian properties. In 2007 NI 43-101 resource figures were published for some of these. Indicated and inferred resources of 4400 tU are quoted for Hairhan, and 2400 tU Haraat.

In 2007 Century City entered into an agreement with China Nuclear Energy Industry Corp (CNEIC), a subsidiary of CNNC, to explore and develop uranium resources on its leases in eastern Mongolia.

Red Hill Energy and Mega Uranium hold a number of exploration licences including the Emeelt, Khashaat and Bagamurat deposits 350 km southeast of Ulaan Baatar, and Jargalan, 500 km west of the city.

In December 2008 Japanese trading company Marubeni acquired rights to conduct feasibility studies on three uranium deposits, including Dornod and Gurvanbulag, developed by KRI and Western Prospector. The company planned to invest US$ 430 million and had signed a letter of intent with Khan. Since it was perceived that the laws of the mining-dependent country had become increasingly protectionist in recent years, Khan Resources then commented that “We are excited by Marubeni's interest in Khan's Dornod uranium project and are optimistic about the positive influence Japanese investors have on the Mongolian mining investment environment. Marubeni will work to improve the mining investment climate in Mongolia. MonAtom and Rosatom have both said that a Japanese company, presumably Marubeni, may be involved with the Dornod project JV.

In September 2009 India signed a uranium supply and nuclear cooperation agreement with Mongolia.

In latest development, on Dec. 21, 2009 according to Bloomberg, “Mitsubishi Corp., a Japanese trading company, will invest in a project of Areva SA to explore for uranium in Mongolia, the Nikkei newspaper reported on its English service.

Mitsubishi will pay 34 percent of exploration costs to date, 34 percent of future costs, and acquire 34 percent of an Areva unit in Mongolia, according to the report. It didn’t say how much Mitsubishi would invest, or who provided the information.”

In a most recent development in Mongolia, according to Media, Information and Promotion Office of the Parliament, on “January 22, 2010, in the afternoon united session of the Parliament MPs continued discussions of the Draft Resolutions on approving Main Directions to privatization of State Property is 2010-2012 and on Making Amendments to the List.

By 93.2 per cent vote of the Parliament, it has been supported to discuss the Resolution and the draft resolution has been transferred for preparation for initial reading to the Economic Standing Committee.”

According to major Mongolian daily “Zuuny Medee” , the Resolution includes establishment of state controlled holding company based on Mongolian uranium deposits that is to have state stake not less than 51 % and also would be IPO-ed domestically and internationally.

In related news, Denison Mines Corp with 519 million CAD market cap “ mid-sized uranium producer in North America, with mining assets in the Athabasca Basin region of Saskatchewan, Canada and the southwest United States including Colorado, Utah, and Arizona with ownership interests in two of the four conventional uranium mills currently operating in North America and a portfolio of exploration and development projects in the United States, Canada, Mongolia and Zambia” announced today as well that

“On development stage projects a total of $8.8 million will be spent in 2010 of which $6.5 million will be incurred to advance the Zambian and Mongolian projects and to develop a longer term strategy for these assets and their development.”

In latest uranium analysis, according to Mineweb, “the December review of the global uranium scene by Sydney-based Resource Capital (RCR) said that the uranium spot price was now about $US45/lb, down 5% on three months ago.

However, the fund implied price (FIP) was also $US45 which was up on the December 2008 figure of $US41/lb.

RCR's managing director John Wilson said the FIP has generally been a good leading indicator for the near-term spot price performance.

The long term contract uranium price was $US61/lb down from the $US70/lb of December last year.

"The focus on supply expansion in the uranium sector is shifting from exploration success to permitting and production," John Wilson said.

There was a growing pipeline of solid development projects and advanced exploration projects, and a growing number of mining permits being granted.

"With a typical 10 to 12 year development timeframe from initial discovery to production and technical, regulatory and financing hurdles for pending producers to overcome, development timeframes are far from certain.

"The outlook for the uranium market supply-demand balance remains finely poised through 2015," he added

RCR said there were 436 new nuclear reactors planned or proposed globally as of December, up from 376 a year ago.

There were 436 nuclear power reactors in operation and 53 under construction - eight more than six months ago.”

Nuclear Energy Data 2009

2010-01-26T10:33:00.000+08:00

Table of Contents
Overview
Nuclear Capacity and Electricity Generation
Nuclear Fuel Cycle Requirements
Country Reports

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Coal in the Energy Supply of China

2010-01-15T17:30:00.003+08:00

China, the world’s second largest energy consuming country and the foremost producer and consumer of coal, is an increasingly important player in international energy markets. This importance has been clearly recognised by the IEA, which signed a Memorandum of Policy Understanding in the Field of Energy with the State Planning Commission (now the State Planning and Development Commission) in 1996, and which has since been developing co-operative relations with China in such diverse areas as energy statistics, policy analyses and advice on regulatory reforms and market development, energy supply security, energy efficiency improvements, cleaner energy technologies and environmental protection.

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Burj Khalifa (Burj Dubai) Opening ceremony 2010 January 4

2010-01-06T12:44:00.002+08:00

Understanding Emerging Markets: BRIC Nations

2010-01-04T10:17:00.001+08:00

The rising power of emerging economies is analyzed in this volume which focuses on Brazil, Russia, India and China in order to understand market opportunites and issues relevant to doing business in these countries.

After defining an emerging market, the author examines the operative environment of such economies and identifies some common problems. He describes key elements of a successful and profitable business model for emerging economies and looks at important issues involved, including: cultural gaps and extensive dependence on expatriates; characteristics of the workforce; external factors influencing business; red tape and corruption; corporate social responsibility; and sustainability of economic development.

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MONGOLIA LURES TEMASEK, CIC AND OTHER SOVEREIGN WEALTH FUNDS

2009-12-23T16:52:00.000+08:00

Mongolia generates strong interest from Asian and Gulf SWFs. Mongolia is becoming an attractive investment destination for Asian and Middle Eastern Sovereign Wealth Funds (SWFs) that seek gaining exposure to massive untapped natural resources in this frontier land, strategically located at the doorsteps of China, the world’s largest consumer of commodities. Following the landmark deal between the Mongolian government and Ivanhoe Mines and Rio Tinto over Oyu Tolgoi (the world largest undeveloped copper‐gold mine), Mongolia has captivated attention of global resource companies and investors alike. In the last three months, Ulaanbaatar, Mongolia’s capital witnessed the visits by senior executives of eight SWFs including from China, Singapore, Korea, the UAE, Kuwait, Libya and others.

Temasek and CIC are leading the way. Among SWFs, Temasek was the first to make foray into Mongolia. Last year Singapore’s US$120bn sovereign fund together with Hopu Investment (US$2.5bn private equity fund where Temasek is the largest investor) invested US$300mn in then Lung Ming (now Iron Mining International), a developer of iron ore mine in Mongolia. China Investment Corp, China’s US$300bn SWF, made headlines by committing US$1.2bn in two transactions within one week this October as CIC agreed to invest US$500mn in SouthGobi Energy, a coal miner and up to US$700mn in Iron Mining International.

US$1.5bn or whopping 30% of GDP. Thanks to these above three deals, US$1.5bn investments by SWFs already represent 30% of Mongolia’s US$5bn GDP. To put this figure in perspective, Kazakhstan and Vietnam, two prominent frontier markets would need to attract US$40bn and US$27bn respectively in sovereign investments to reach such ratio.

Ivanhoe Mines may strike deals with SWFs. Ivanhoe Mines Ltd disclosed in late September that it received “unsolicited interest” from a number of SWFs. We estimate that the company may raise up to US$1bn from such interested SWFs (based on indicated 9.9% stake cap, Rio Tinto’s share subscriptions and the amount of expected equity issuance).

Targeted attractive industries. While natural resources are the main area of interest for sovereign investors, visiting executives stated a broad range of industries where they expect attractive investment opportunities due to huge economic boom Mongolia is poised to experience. These industries include energy, transportation, infrastructure, banking, construction and property.

Asian and Gulf SWFs to invest more in Mongolia. We believe that sovereign funds will become active investors in Mongolia in coming years. SWFs would join both strategic and portfolio investors that are expected to pour billions of dollars in investments per year into Mongolia. These investments will allow Mongolia to become one of the world’s fast growing economies throughout the next decade.

We believe that Mongolia will experience increased investments by Asian and Middle Eastern sovereign wealth funds (SWFs) in coming years. Untapped mineral resources in Mongolia offer attractive investment opportunities for the SWFs that are eager to diversify their portfolios and gain exposure to frontier markets like Mongolia.

Singapore’s Temasek – First SWF investing in Mongolia

Temasek Holdings, Singapore’s US$120bn SWF was the pioneer investor among the global SWFs to invest in Mongolia. In April 2008, Temasek together with Hopu Investment Management Co. (which one of largest private equity funds in China) bought US$300mn 3‐year convertible bonds bearing 10% interest in Hong Kong Lung Ming Investment Holding Ltd (recently renamed to Iron Mining International ‐ IMI). IMI plans to do an IPO in Hong Kong Stock Exchange in the first half of 2010 with aim of raising up to US$1bn. IMI reportedly hired Morgan Stanley and Credit Suisse to advise on its Hong Kong IPO.

IMI controls 53% stake in a company that owns and operates the Eruu Gol iron ore project in Mongolia, the rest is owned by local company Dornyn Gobi LLC. The Eruu Gol iron ore mine includes three adjacent iron ore deposits under a single mining license valid until 2037. The mines, located 70 km from the Trans‐ Mongolian railway line, contain an estimated 304Mt of iron ore, according to Bloomberg.

Mongolia to Establish “National Champions”, Launch IPOs, Reform Bourse

2009-12-16T09:39:00.000+08:00

Mongolia is seeking to create three national holding companies. Prime Minister Batbold Sukhbaatar has made a number of important policy statements in his recent meetings in Ulaanbaatar with mining industry executives, representatives of the securities market as well as in his interview with the Wall Street Journal.

The Mongolian government intends to establish three major state-owned holding companies (which we would call “national champions”) and raise significant amounts of capital by offering their shares in international and domestic stock markets. Raising billion of dollars through IPOs would allow the mineral-rich nation to finance major mining, energy and infrastructure projects.
These three envisioned national holding companies are:
• - Mongol Erdes (Mongolian Minerals) to consolidate mining assets;
• - Mongol Erchim (Mongolian Power) to combine power assets;
• - Mongol Ded Butets (Mongolian Infrastructure) to include various infrastructure projects.

Will Mongol Erdes become crown jewel of Mongolia Inc? Mongol Erdes, the national mining holding company might be established under already existing Erdenes MGL LLC, a 100% state-owned entity. On behalf of the government, Erdenes MGL perhaps through Mongol Erdes may to own stakes in other 14 strategic deposits, including a massive Tavan Talgoi coking coal mine. Mongol Erdes may possibly emerge as Mongolia’s largest and most valuable company, catapulting into a must-own stock (like Gazprom in Russia) while its planned local listing would be a huge boost for the Mongolia Stock Exchange attracting strong interest both domestic and global investors.

MSE may be partially sold to major stock exchanges. Prime Minister S. Batbold stated that the government would consider selling 20-30% stake in the Mongolia Stock Exchange (MSE) to one of the major exchanges operating in London, New York, Toronto, Tokyo, Hong Kong or Singapore in a bid to introduce advance operational knowhow and technologies and extensively revamp currently under-resourced domestic bourse.

The Mongolian people to own shares in strategic deposits. The Prime Minister said that the Mongolian people will have the opportunity to participate in growth and upside from development of strategic deposits once the mining company is listed on domestic stock exchange.

We believe distribution of shares to Mongolian public (“people’s IPO”) is more effective solution which allows the Mongolians to benefit from mineral wealth in the long term compared earlier proposed inflation-triggering cash handouts. We rate highly the Prime Minister’s vision and initiatives in developing the national economy, local capital markets and effectively managing resource wealth. If these initiatives are successfully implemented, these “national champions” would be the main engines of industrialization and economic growth in the coming decade and as public listed companies are poised become one of best investment opportunities in Mongolia.

Zhyldyz Sadyralieva

Zorigt Interview

2009-12-07T14:13:00.000+08:00

Өчигдөр түлш эрчим хүчний сайд Д.Зоригт Bloomberg агентлагийн сэтгүүлчтэй Лондон хотноо ярилцлага хийсэн байна. Зоригт сайд ярилцлагандаа “уул уурхайн томоохон корпорациуд болох BHP Billiton Ltd., Vale SA, Xstrata Plc-ууд нь Монгол өмнөд хэсэг дэхь нүүрсний ордуудад хөрөнгө оруулах сонирхолтой байгаа ба харин China Shenhua Energy Co., Mitsui & Co., Peabody Energy Corp., OAO Оросын төмөр зам ба Sojitz Corp гэсэн корпорациудтай Монголын засгийн газар хамтарч ажиллах гэрээ хэлэцээрийн түвшинд үргэлжилж байгаа” гэж онцолж хэллээ. Тэрээд мөн “засгийн газар эдгээр компаниудтай гэрээ хэлэлцээрийн хувьд хамгийн сайн шийдэлд хамтран ажилахаар хэлэлцэгдэж байгаа бөгөөд энэхүү нүүрний томоохон төсөл нь Монгол улсын хувьд стратегийн төсөл болох учир засгийн газраас идэвхийлэн оролцож байгаа юм” гэсэн.

Монгол улс 2010 оны эдийн засгийн өсөлтөө 8.5%-д хүргэхээр зорьж байгаа ба энэхүү зорилгоо уул уурхайн салбараас хайж байна, мөн Монгол улсын засгийн газар 10-р сард Ivanhoe Mines Ltd ба Rio Tinto Group корцорациудтай Оюу толгойн зэсийн ордод 30 жилийн хугацаатай 9 триллион ам долларын өртөгтэй төслийн гэрээг баталсан билээ гэж Bloomberg news мэдээлж байна.

Зоригт гишүүн нэмж “засгийн газар гадаад болон дотоодын компаниудаас татвар төлөлтөөр нь сонгон шалгаруулж Монгол улсад хөрөнгө оруулах сонирхолтой байна, Монгол улсын хувийн салбараас авах татвар 10-20% байдаг” гэж хэлсэн.

Та бүхэн бүхэн илүү дэлгэрэнгүй ярилцлагыг энд дарж үзнэ үү

Эх сурвалж: www.fxmn.biz

Mongolian khoomei in Star King

2009-12-07T12:05:00.000+08:00

Annual Reports: Delivering Your Corporate Message to Stakeholders

2009-12-07T11:46:00.001+08:00

All companies and also many other organizations are legally required to produce an annual report. Over the years the purpose, nature and content of annual reports have dramatically changed. Increasing numbers of companies are realizing that the annual report is not just concerned with producing legal and accounting information. More significantly, companies can use their annual report to communicate corporate messages and to promote influential images and themes to a wide range of leading stakeholders such as shareholders, employees, bankers, customers and the general public. But how is this to be done effectively? This book concentrates on ensuring that the "corporate message" is communicated to stakeholders in a way that maximizes the value of the annual report and outlines how this might best be achieved. It explains the importance not only of the quantitative (accounting) information but also the qualitative content such as the chairman's statement, directors' report, operating and financial review, explanatory notes and so on. Particular recognition is given to the legal, stock exchange and professional accounting requirements as well as to the increasingly important but more discretionary areas of content such as social, environmental and ethical reporting issues. Crucially, the book discusses the importance of electronic communication now that legislation allows companies to deliver information over the internet. On a practical level, the book takes the reader through the procedures and processes in actually managing the preparation and production of the report. Both the practical and theoretical aspects of the book are placed in context by the use of relevant extracts taken from "real-life" annual reports of major organisations. By using these authentic examples the book highlights what works and what doesn't.

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National Life Insurance Signs Partnership with WellPoint’s WPMI

2009-12-03T13:29:00.000+08:00

Нэйшнл Лайф Даатгал ХХК 2009 оны 11 сарын 23-нд Хувийн Эрүүл мэндийн даатгалыг Монгол улсад нэвтрүүлэх үйл ажиллагааны ”Гарын үсэг зурах ёслолын ажиллагаа”-г зохион байгууллаа. Энэхүү арга хэмжээн дээр Нэйшнл Лайф Даатгал ХХК нь WPMI компанитай хамтран ажиллах түншлэлийн гэрээнд гарын үсэг зурсан. Тус WPMI нь АНУ-ын Well Point компанийн Шанхай дахь салбар компани бөгөөд даатгуулагчийн нөхөн төлбөртэй холбоотой бүхий л үйл ажиллагааг хэрэгжүүлэх ба хамтын ажиллагааны гэрээнд даатгуулагчийн эмчилгээнд хяналт тавьж, эмчилгээний зардал, төлбөрийн нэхэмжлэлийг шийдвэрлэхээр тусгагдсан байна.

Ёслолын ажиллагаанд оролцохоор тус эрүүл мэндийн даатгалын давхар даатгалын үйл ажиллагааг хариуцаж байгаа Мюних Ре компанийн Эрүүл мэндийн даатгалын салбарын Дэд захирал, Ерөнхий менежер ноён Уилъям Боссани, WPMI компанийн Ерөнхий захирал ноён Жон Петр Домейка нар хүрэлцэн ирсэн ба УИХ-ын зарим эрхэм гишүүд, Төрийн захиргааны байгууллагын удирдлагууд, Эмнэлгийн байгууллагын дарга нар, Хамтрагч түншүүд, зарим Даатгуулагч байгууллагын удирдлагууд болон бусад холбогдох албан тушаалтнууд уригдан оролцлоо.

Эрүүл мэнд нь эдийн засгийн хөгжлийг хангах, ядуурлыг бууруулах чухал хүчин зүйл төдийгүй хөгжлийн тулгамдсан зорилтуудын нэгэнд зүй ёсоор багтдаг тул эрүүл мэндийн салбарын санхүүжилтын тогтолцооны нэг механизм болох хувийн эрүүл мэндийн даатгалыг хөгжүүлэх нь манай орны хувьд томоохон дэвшил авчрах юм.

“Эрүүл байх нь хүний эрхэм эрх юм. Эрүүл мэнд бол хүн төрөлхтөний амьдралд үнэ цэнийг бий болгогч үндсэн нөөц бололцооны нэг” гэж Нобелийн шагналт эдийн засагч Амагтая Сен онцлон тэмдэглэсэн байдаг. Иймд ард иргэдийнхээ эрүүл мэндийн асуудлын чухал хэсэг болох эмнэлэг, эмчилгээний зардлыг өндөр зэрэглэлийн даатгалаар төлөх зорилгоор Нэйшнл Лайф Даатгал компани Хувийн эрүүл мэндийн даатгалыг Монгол улсад нэвтрүүлэх, хөгжүүлэх алхамыг хийж байна.

Нэйшнл Лайф Даатгал ХХК-ийн Эрүүл мэндийн даатгал нь Монгол Улсын эрүүл мэндийн салбар дахь хамгийн сайн үйлчилгээ төдийгүй эмчилгээ, оношлогоо өндөр хөгжсөн гадаад улс орнуудад эмчлүүлэх боломжийг даатгуулагчдад олгох юм. Энэ зорилгоороо Нэйшнл Лайф Даатгал ХХК нь эмнэлгийн байгууллагууд, оношлогооны төвүүд, эмийн байгууллагуудыг сонгон шалгаруулж хамтран ажиллах болно.

Эрүүл мэндийн үзүүлэлт ба эдийн засгийн өсөлтийн хооронд шууд хамаарал байгааг эдийн засагч нар тогтоосныг харахад өвчний улмаас хувь хүний эдийн засгийн сайн сайхан байдал алдагдаж улмаар зах зээлийн орлого болон дундаж наслалт буурах, мөн сэтгэл зүйн тайван байдал алдагдах буюу ”өвчний шаналал”-д хүргэдэг байна. Зах зээлийн орлого буурах явдал наад зах нь өвчний улмаас хөдөлмөрийн зах зээлийн орлого буурах, хүүхэд насандаа өвчилсний улмаас насанд хүрсэн хойноо орлого олох чадамж алдагдах болон зуурдаар эрт нас барсны улмаас ирээдүйн орлого алдагдах зэрэг хэлбэрээр ажиглагдаж байна. Мөн хүн өнөөдөр эрүүл боловч хэзээ өвчин тусах нь тодорхойгүй байдгаас эрсдэл дагуулж байдаг. Мэдээж өвчилсөн нөхцөлд эмчилгээ, эм тарианд мөнгө шаарддагаас олон өрх гэр, хувь хүмүүс өр тавих, эд хогшлоо худалдах зэрэг санхүүгийн хувьд хүндрэлд ордог. Монгол Улсаас ч, хувь хүмүүсээс ч гадаадад эмчилгээ хийлгэхтэй холбоотой маш их хэмжээний зардал гарч байна. Энэ бүх бэрхшээлтэй асуудлыг шийдвэрлэхэд өндөр хамгаалалттэй хувийн эрүүл мэндийн даатгал чухал үүрэг гүйцэтгэх боломжтой юм.

Хувийн эрүүл мэндийн даатгалын эерэг нөлөө

Хувь хүн өөрийн эрүүл мэндээ найдвартай хамгаалах, эрүүл мэндийн чанартай тусламж үйлчилгээг авах, өөрийн үзүүлэх эмч болон эмнэлгээ чөлөөтэй сонгоход хувийн эрүүл мэндийн даатгал тусалдаг юм.

Хувийн эрүүл мэндийн даатгалын тогтолцоо нь хувь хүн буюу даатгуулагчид ихээхэн ашиг тустай байхын зэрэгцээ улс оронд эрүүл мэндийн тусламж үйлчилгээ өндөр хөгжих боломж бүрдэхэд чухал үүрэг гүйцэтгэдэг байна.

Энэхүү даатгалын сангаас аливаа өвчтөн буюу үйлчлүүлэгчид зарцуулсан эмнэлгийн зардлыг зах зээлийн журмаар төлдөг тул эмнэлгийн орлого бодитой төвлөрч улмаар тоног төхөөрөмжийн шинэчлэл болон үйл ажиллагаа, үйлчилгээний чанарт зориулах эмнэлгийн хөрөнгө мөнгө хангалттай болж, эмчийн хөдөлмөрийн үнэлэмж нэмэгдсэнээр тэдний мэргэжлийн ур чадвар өсдөг юм байна. Өөрөөр хэлбэл эмнэлгийн санхүүжилтийг бодитой болгосноор хөгжил дэвшилд нь нөлөөлдөг байна.

Хувийн эрүүл мэндийн даатгал нь амьжиргааны түвшин харьцангуй өндөр бүлэг хүмүүсийн эрүүл мэндийн тусламж үйлчилгээний эрэлт хэрэгцээг өөрсдөөр нь санхүүжүүлэх замаар нөхцөл бүрдүүлдэг. Ингэснээр ядуу болон бусад эмзэг бүлгийн хүмүүсийн тусламж үйлчилгээнд төрийн хязгаарлагдмал нөөцийг чиглүүлэх боломжийг нэмэгдүүлдэг.

Даатгалын компаниуд орлого, ашгаа нэмэгдүүлэх үүднээс үйл ажиллагаагаа уян хатан байлгаж, аливаа шинэ санаачилга, бүтээмжийг байнга дэмжин хэрэгжүүлж байдаг нь улсын салбарт нөлөөлж, өөрчлөлт шинэчлэлийг нь эрчимжүүлэх талтайн дээр үйлчлүүлэгчдийн сонголт хийх боломжийг бүрдүүлдэг.

НЭЙШНЛ ЛАЙФ ДААТГАЛ КОМПАНИЙН Эрүүл мэндийн даатгалын давуу талууд

· Даатгал үйлчлэх нутаг дэвсгэр хязгааргүй буюу дэлхий дахинд үйлчилнэ.

· Эмнэлэг эмчилгээний зардал төлөх дээд хязгаар их өндөр буюу US $1,000,000.
· Энэхүү даатгал нь үйлчлэх нутаг дэвсгэр болон эмнэлэг, эмчилгээний зардлыг нөхөх хэмжээний хувьд ялгаатай 3 төрөлтэй ба хэрэглэгч өөртөө тохирсныг сонгох эрхтэй. Үүнд:
- Platinum plan – Дэлхий дахинд US $1 000 000 хүртэлх хэмжээгээр,
- Gold plan – АНУ, Канад орохгүйгээр дэлхийн бусад улс оронд US $1 000 000 хүртэлх хэмжээгээр,
- Silver plan – Ази тивд US $300 000 хүртэлх хэмжээгээр.
· Эрүүл мэндийн даатгал нь эрүүл мэндээ найдвартай хамгаалуулах, эрүүл мэндийн чанартай тусламж үйлчилгээг авах, өөрийн үзүүлэх эмч болон эмнэлгээ чөлөөтэй сонгох боломж олгоно.

· Даатгалын гэрээ нь олон улсын түвшинд боловсрогдсон.
· Эрүүл мэндийн даатгалын эмнэлгийн тусламж үйлчилгээний багц нь анхан шатны болон урьдчилан сэргийлэх тусламж үйлчилгээг дэмжсэн төдийгүй хэвтэн эмчлүүлэх, амбулаториор үйлчлүүлэх, эмнэлгийн яаралтай тусламж, сэхээн амьдруулах болон түргэн тусламжийн үйлчилгээний зардлыг бүрэн хамарсан.

Даатгалд хамрагдахын ач холбогдол

- Өндөр зэрэглэлийн даатгал нь даатгуулагчийн амьдралын бас нэр төрийн баталгаа болдог.

- Монголын эрүүл мэндийн салбар дахь хамгийн сайн үйлчилгээг авна.
- Эмчилгээ, оношлогоо өндөр хөгжсөн улс орнуудад эмчлүүлэх боломжийг олгоно.
- Санхүү мөнгөний бэрхшээлгүйгээр эмчлэгдэн, эдгэрнэ.
- Таашаалд нийцсэн эмнэлэг, үйлчилгээг хүртэн бухимдал, дарамт багатай эмчлэгдэнэ. - Даатгалын үйлчилгээ нь эмнэлэгт танил тал хайх, хүн гуйх зэрэг илүү ажил, хүнд суртлыг арилгана.
- Оношлогоо, эмчилгээ оновчтой, үр дүнтэй байх тал дээр даатгал давхар хяналт тавина. - Даатгуулагчийн оролцоогүйгээр эмчилгээний зардлын төлбөр тооцоо шийдвэрлэгдэнэ.

Smart Money - December 2009

2009-12-01T17:16:00.000+08:00

* Refresh your financial life. Make these 5
moves to stay ahead of the recovery.

* Time to buy tech: our top 5 picks.

* Holiday retail exposed we go undercover.

* How 3 investing stars bounced back.

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Government takes control of Zoos Bank, RENAMED STATE BANK

2009-11-30T13:23:00.000+08:00

Government takes control of Zoos Bank, RENAMED STATE BANK

The Mongolbank announced that the Government will own 100 percent of the troubled Zoos Bank. The newly created bank will be renamed State Bank. The press conference was attended by the Vice Minister for Finance T. Ochirkhuu, Mongolbank President L. Purevdorj, Mongolbank First Deputy President B. Enkhhuyag, and the Director of the Financial Regulatory Commission D. Bayarsaikhan. The announcement came after Zoos Bank’s request to merge with the Mongolshuudan and Savings Banks was denied by the EBRD which owns 25 percent of Zoos Bank.
Furthermore, an inspection of the bank found serious defects. The bank gave MNT 60 billion in loans to Mongol Gazar gold company. The loans are now verified as bad loans. Zoos Bank now has MNT 10 billion in losses, while the asset write-offs reached MNT 40 billion. The estimated assets of the bank are only MNT 7 billion.
Central Bank President L. Purevdorj stated that Mongolbank is taking full control of the bank according to its rights indicated by law. Mr. Purevdorj said that the Central Bank has been taking serious actions to save the troubled Zoos Bank since its first signs of financial difficulties a year ago. Zoos Bank was provided MNT 17 billion late 2008. It was one of the banks that was bailed out by the Government. USD 18 million was also placed in the bank to give loans to gold mining companies. Since Zoos Bank was unable to use these measures, the Central Bank had no other choice but to take control of it.

Source: News.mn

US News World Report - December 2009

2009-11-27T14:57:00.000+08:00

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Dictionary of Insurance Terms

2009-11-24T12:24:00.000+08:00

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Bykov’s 50 Olympic hopefuls

2009-11-10T14:55:00.001+08:00

Russia’s 50-man candidate list

Goalkeepers: Ilya Bryzgalov (Phoenix, NHL), Simeon Varlamov (Washington, NHL), Alexander Eremenko (Salavat, RUS), Evgeni Nabokov (San Jose, NHL), Vasili Koshechkin (Togliatti, RUS), Nikolai Khabibulin (Edmonton, NHL).

Defencemen: Vitali Atyushov (Magnitogorsk, RUS), Vitali Vishnevsky (Yaroslavl, RUS), Anton Volchenkov (Ottawa, NHL), Sergei Gonchar (Pittsburgh, NHL), Denis Grebeshkov (Edmonton, NHL), Alexander Guskov (Yaroslavl, RUS), Sergei Zubov (St. Petersburg, RUS), Dmitri Kalinin (Salavat, RUS), Maxim Kondratiev (Salavat, RUS), Konstantin Korneyev (CSKA Moscow, RUS), Denis Kulyash (CSKA Moscow, RUS), Andrei Markov (Montreal, NHL), Ilya Nikulin (Kazan, RUS), Vitali Proshkin (Salavat, RUS), Oleg Tverdovsky (Salavat, RUS), Fedor Tyutin (Columbus, NHL).

Forwards: Evgeni Artyukhin (Anaheim, NHL), Maxim Afinogenov (Atlanta, NHL), Konstantin Gorovikov (St. Petersburg, RUS), Pavel Datsyuk (Detroit, NHL), Danis Zaripov (Kazan, RUS), Sergei Zinoviev (Salavat, RUS), Alexei Kovalev (Ottawa, NHL), Ilya Kovalchuk (Atlanta, NHL), Viktor Kozlov (Salavat, RUS), Nikolai Kulemin (Toronto, NHL), Anton Kuryanov (Omsk, RUS), Evgeni Malkin (Pittsburgh, NHL), Alexei Mikhnov (Yaroslavl, RUS), Sergei Mozyakin (Mytishchi, RUS), Alexei Morozov (Kazan, RUS), Ivan Nepryayev (Dynamo Moscow, RUS), Alexander Ovechkin (Washington, NHL), Alexander Perezhogin (Salavat, RUS), Alexander Radulov (Salavat, RUS), Maxim Rybin (St. Petersburg, RUS), Oleg Saprykin (Dynamo Moscow, RUS), Alexander Semin (Washington, NHL), Maxim Sushinsky (St. Petersburg, RUS), Petr Schastlivy (CSKA Moscow, RUS), Andrei Taratukhin (Salavat, RUS), Alexei Tereschenko (Kazan, RUS), Sergei Fedorov (Magnitogorsk, RUS), Alexander Frolov (Los Angeles, NHL).

Financial Models for Pension Annuities and Life Insurance

2009-11-08T10:55:00.000+08:00

The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners.

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The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means (Audiobook)

2009-11-06T12:54:00.000+08:00

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Discover Mongolia-2009

2009-11-04T11:32:00.000+08:00

Энэ сарын 6, 7-ны өдрүүдэд болох Уул уурхайн хөрөнгө оруулагчдын олон улсын чуулга уулзалтын хамгийн гол сэдэв нь Тавантолгойн орд болон ураны асуудал байх болно хэмээн мэргэжилтнүүд үзэж байна. Долоо дахь жилдээ зохион байгуулах гэж буй энэхүү арга хэмжээнд Канад, Франц, ОХУ, Хятад, Амeрик, Өмнөд Солонгос, Япон зэрэг өндөр хөгжилтэй орнуудын дэлхийд тэргүүлэгч компаниуд оролцохоор мэдүүлгээ өгөөд байгаа. Өнгөрсөн жилүүдэд Оютолгойн гэрээг Монгол Улсын Засгийн газар үзэглэх эсэх нь хөрөнгө оруулагчдын хувьд чухал сэдэв байсан.

“Discover Mongolia-2009”-д Тавантолгойн орд газрын асуудлыг оросуудын зүгээс босгож ирнэ гэсэн урьдчилсан таамаглал хүчтэй өрнөж байна. Монгол Улсын Eрөнхий сайд солигдсон нь оросуудын хувьд томоохон цохилт болоод байгаа бөгөөд “Discover Mongolia-2009” уулзалтын үeэр болох “Засгийн газрын цаг”-аар Монгол, ОХУ-д амласан амлалтаа хэрхэн биeлүүлэх эсэхийг хөндөх бололтой. Өөрөөр хэлбэл, өмнөх Eрөнхий сайдтай хэлэлцсэн гэрээ хэлэлцээр цаашид ямар хэлбэрээр өрнөх нь оросуудын хувьд хамгийн чухал сэдэв болоод байна. Тиймээс хамаг найдвараа оросууд “Discover Mongolia-2009”-д тавьж буй аж. Түүнчлэн энэ удаагийн хөрөнгө оруулагчдын уулзалтаар Монгол Улсын гeологийн хайгуулын талаар хагас өдрийн мэдээлийг гадаадынханд анх удаа өгөхөөр төлөвлөж байгаа ажээ.

Ж.ЭРХЭС

Shin Seung Hun - Love Of Iris (IRIS OST)

2009-11-02T17:31:00.001+08:00

M& A in Banking Industry

2009-10-23T09:59:00.000+08:00

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Ivanhoe Mines and Rio Tinto, expecting finalization of the Oyu Tolgoi Investment Agreement, reaffirm long-term commitment to three-year-old strategic partnership

2009-10-21T10:07:00.000+08:00

“Айвенхоу Майнз”-тай байгуулсан түншлэлийн гэрээгээ “Рио тинто” сунгалаа

“Айвенхоу Майнз”-тай байгуулсан түншлэлийн гэрээгээ “Рио тинто” сунгалаа 2009 оны аравдугаар сарын 13“Айвенхоу Майнз” компани дахь хөрөнгө оруулалтаа 19,7 хувьд хүргэж, түншлэлийн гэрээгээ сунгаснаа “Рио тинто” компани өнөөдөр мэдэгдлээ.
Оюу толгойн зэс, алтны ордыг ашиглах төсөлд хамтрахаар өмнө байгуулсан гэрээгээр тус компани “Айвенхоу Майнз” компанид 9,9 хувь эзэмшихээр болсон юм. Гэрээнд заагдсаны дагуу “Айвенхоу”-гийн 8,38 ам.долларын нэрлэсэн үнэ бүхий 46,3 сая хувьцааг нийт 388 сая ам.долларын хөрөнгө оруулалтаар эзэмшихээр байгаа юм. Монголын Засгийн газартай Хөрөнгө оруулалтын гэрээ байгуулсны дараа “Рио тинто” олон нийтэд энэ шийдвэрээ мэдэгдэв.Өмнөговь аймаг дахь Оюу толгой ордоос 2013 онд бүтээгдэхүүн гаргаж эхлэхээр төлөвлөж байгаа.
“Рио тинто”-гийн Зэс, Очир эрдэнийн хэсгийн гүйцэтгэх захирал Брэт Клейтон“”Рио тинто” “Айвенхоу”-д хийх хөрөнгө оруулалтаа нэмэгдүүлэх шийдвэр гаргасанд ихэд талархаж байна. Энэ алхам нь Монголын Засгийн газартай хамтарч Оюу толгойг ашиглах бидний ажилд урам зориг, хурд, хүч нэмлээ” гэж тэмдэглэв.

АММИ Монголоос бараа, үйлчилгээ авах санаачилга өрнүүллээ.
“Айвенхоу Майнз Монголиа Инк” компанийн захиалгаар Монголын бизнесийн зөвлөл уул уурхайн салбарт бараа, үйлчилгээ нийлүүлэх боломжтой үндэсний компаниудыг бүртгэж,мэдээллийн нэгдсэн сан байгуулжээ. Энэ тухай мэдээлэхээр Монголын бизнесийн зөвлөл, АММИ болон Монголын зарим компанийн төлөөлөл оролцсон хэвлэлийн бага хурал энэ сарын19-нд боллоо. Мэдээллийн сан эхний удаад 1153 компанийг бүртгэсэн бөгөөд судалгааны ажлыг “Сант марал сан” төрийн бус байгууллага гүйцэтгэжээ.
“Оюу толгой, Таван толгойзэрэг томоохон орд газруудыг эдийн засгийн эргэлтэд оруулснаар бизнесийн огцом өсөлт гарна гэж эдийн засагчид үздэг. Үндэсний компаниудаа хөрөнгө оруулагчдад илүүнээлттэй болгож, бизнесийн түншийн харилцаа тогтооход дэмжлэг болох зорилгоор мэдээллийн нэгдсэн сан байгууллаа.

Уул уурхайн салбарт гадаадаас их хэмжээнийхөрөнгө орж ирэх нь сайн мэдээ боловч үүнийг шингээх чадвар, бэлтгэл ажлаа сайтар хангах шаардлага байгаа нь судалгаанаас харагдсан” гэж “Сант марал сан”-гийн тэргүүн Л.Сумати хэллээ.“
Айвенхоу Майнз Монголиа Инк” компанийн ханган нийлүүлэлт хариуцсан захирал Чаад Блэвит Монголын компаниудын талаар мэдээллийн нэгдсэн сан байгуулагдсанд хөрөнгөоруулагчид таатай хандаж байгааг хэллээ. Тэрээр Оюу толгой төслийн бүтээн байгуулалтад Монголын бараа, үйлчилгээг авах байр суурь баримталж байгааг гэдгийгдахин нотлон хэлсэн юм. Оюу толгой зөвхөн уурхайн бүтээн байгуулалтад шаардагдах бараа, үйлчилгээний төсөв таван тэрбум ам.доллараар хэмжигдэж байгаа юм. Оюу толгойнуурхайг ашиглалтад өгсний дараа жил бүр 500-800 сая ам.долларын бараа, үйлчилгээний эрэлт гарах судалгаа байгааг “Айвенхоу Майнз”-ынхан танилцуулсан.

Хамгийн гол ньшударга өрсөлдөгч, найдвартай түншийг эрхэмлэнэ гэж Чаад Блевит онцолж байна. Нэг талаас үндэсний үйлдвэрлэгчид, нөгөө талаас хөрөнгө оруулагчид бие биеэ дэмжих,хамтран ажиллах санаачилга гаргалаа. Энэ сарын 28-нд мэдээллийн нэгдсэн санд бүртгэгдсэн зарим компани өөрсдийгөө танилцуулсан өдөрлөгийг зохион байгуулахаартөлөвлөжээ.

Source: Oyu Tolgoi Project

NEW OPPORTUNITIES TO RAISE CAPITAL

2009-10-16T12:11:00.000+08:00

Банк санхүүгийн салбарт тэргүүлэгч Голомт банк дэлхийд тэргүүлэгч хөрөнгө оруулалтын Нью Йорк Меллон банк болон Лондонгийн хөрөнгийн бирж, Тэнгри Секуритиес Брокер Диллерийн Компанитай хамтран “Хөрөнгө Босгох Шинэ Боломжууд” сэдэвт олон улсын семинарыг өчигдөр амжилттай зохион байгууллаа.

“Хөрөнгө Босгох Шинэ Боломжууд” сэдэвт олон улсын семинар нь Монголын компаниудад дотоод, гадаадын хөрөнгийн зах зээл дээр хэрхэн хөрөнгө босгож санхүүжилт олж авах талаар өргөн цар хүрээтэй мэдээлэл өгөх зорилготой бөгөөд Монгол дахь хөрөнгө оруулалтын хөрс, Хөрөнгө босгох Монгол компаниудын туршлага, Санхүүгийн мэдээлэл ба хөрөнгө оруулагчийн шаардлага, Хөрөнгийн зах зээлд нэвтрэх хууль эрхзүйн бэлтгэл зэрэг өмнө нь тэр бүр яригдаж байгаагүй сонирхолтой сэдвүүдийн хүрээнд уг семинар явагдсан юм.

Хамгийн гол нь 225 жилийн түүхтэй Нью-Йоркийн хамгийн анхны банк болох дэлхийд тэргүүлэгч Нью-Йорк Меллон банк болон дэлхийн 400 орчим хөрөнгө оруулалтын сан, брокер диллерийн компаниудыг эгнээндээ нэгтгэсэн Лондонгийн хөрөнгийн биржийн шилдэг мэргэжилтнүүд ийнхүү өөрсдийн туршлага, шинэ боломжуудаасаа Монголчуудтай хуваалцаж байгаагаараа энэхүү семинар ихээхэн ач холбогдолтой болсон юм.

Уул уурхай, аялал жуулчлал, дэд бүтэц зэрэг томоохон хөрөнгө оруулалт шаардагдаж буй төсөл хөтөлбөрүүдийг амжилттай хэрэгжүүлэхэд зайлшгүй шаардагдах хөрөнгө оруулалт, санхүүгийн эх үүсвэрийг дотоодын болоод дэлхийн хөрөнгийн зах зээл дээрээс босгоход голлон анхаарах асуудлуудын талаар энэхүү семинарт оролцогсод дэлгэрэнгүй мэдээлэл авсан бөгөөд монголын тэргүүлэгч бизнесийн байгууллагуудын 180 орчим төлөөлөгч оролцсон юм. Илтгэлүүдийг доорхи линкээс татаж авна уу.

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Six hours of digital video accompanied by high quality visual aids and placed on four CDs.

2009-10-11T11:09:00.000+08:00

Stock Trading Course
Stock Trading School | 2005 | 4CDs | ~2 Gb

Table Of Contents

The stock trading course contains four discs. Each of the discs is about 90 minutes in length and is broken into many segments.

Disc One

Disc Two

Disc Three

Finding Stocks to Trade | News Plays, Watch Lists | Overnight Scans
Real-Time Scanning for Stocks Part 1A
Real-Time Scanning for Stocks Part 1B
Real-Time Scanning for Stocks Part 2A
Real-Time Scanning for Stocks Part 2B | Reversal-Day Strategy
Real-Time Scanning for Stocks Part 3
Real-Time Scanning for Stocks Part 4A
Real-Time Scanning for Stocks Part 4B
Real-Time Scanning for Stocks Part 4c
Real-Time Scanning for Stocks Part 5
Real-Time Scanning for Stocks Part 6A
Real-Time Scanning for Stocks Part 6B
Real-Time Scanning for Stocks Part 7A
Real-Time Scanning for Stocks Part 7B

Disc Four

Trade Station Setup | Trading Software Setup
Live Trading Scenarios I: Finding the stock writing a plan, entering the trade, managing the trade, and exiting the trade all done in real time KLAC
Live Trading Scenarios II: Finding the stock writing a plan, entering the trade, managing the trade, and exiting the trade all done in real time ADBE
Live Trading Scenarios III: Finding the stock writing a plan, entering the trade, managing the trade, and exiting the trade all done in real time MRVL
Live Trading Scenarios IV: Finding the stock writing a plan, entering the trade, managing the trade, and exiting the trade all done in real time LLL
Trading Psychology - The Mindset Part I
Trading Psychology - The Mindset Part II
Trading Psychology - The Mindset Part III
Trading Psychology - The Mindset Part IV

NOTE: Run stc.exe in the root folders to start each cd or just burn to a cd.

Hotfile
CD1
[Part1] [Part2] [Part3]
CD2
[Part1] [Part2]
CD3
[Part1] [Part2] [Part3]
CD4
[Part1] [Part2] [Part3]

Mongolia Government To Sign Oyu Tolgoi Agreement Oct 6

2009-10-05T11:26:00.000+08:00

Оюу толгойн ордыг ашиглах гэрээнд гарын үсэг зурах ёслол маргааш 15 цагт Төрийн ордны Их танхимд болох талаар Засгийн газрын ХМА мэдээллээ.

Сүүлийн зургаан жилийн туршид яригдаж, хоёр, гурван УИХ, Засгийн газрыг дамжин яригдаж буй Оюутолгойн орд газрыг эргэлтэд оруулах гэрээ ийнхүүү зурагдах гэж байна.

Маргааш Хөрөнгө оруулалтын гэрээ -нд Монголын талыг төлөөлж Эрдэс баялаг, эрчим хүчний сайд, Хөрөнгө оруулагчтай хэлэлцээ хийх ажлын хэсгийн ахлагч Д.Зоригт, ажлын хэсгийн гишүүн, Сангийн сайд С.Баярцогт, Байгаль орчин, аялал жуулчлалын сайд Л.Гансүх, Хөрөнгө оруулагчдыг төлөөлж, “Рио Тинто Интернэшнл Холдингс Лимитед” компанийн Зэс, очир эрдэнийн бүлгийн Ерөнхий захирал Брет Клейтон, “Айвенхоу майнз Монголия Инк” ХХК-ийн Ерөнхий захирал Кийт Маршал, “Айвенхоу Майнз Лимитед” компанийн ТУЗ-ийн дэд дарга Питер Мередит нар гарын үсэг зурах ажээ.

Хувь нийлүүлэгчдийн гэрээ -нд Монголын талыг төлөөлж ”Эрдэнэс Эм Жи Эл” ХХК-ийн гүйцэтгэх захирал Б.Энэбиш, Хөрөнгө оруулагчдыг төлөөлөн “Айвенхоу Оюутолгой /Би Ви Ай/ Лимитед” компанийн эрх зүйн асуудал хариуцсан гүйцэтгэх дэд ерөнхийлөгч Жон Фониани, “Оюутолгой Нидерланд Би Ви” компанийн ТУЗ-ийн дэд дарга Питер Мередит, “Айвенхоу Майнз Монголия Инк” ХХК-ийн Ерөнхий захирал Кийт Маршал нар зурна.

Урьдчилгаа төлбөрийн гэрээ -нд Сангийн сайд С.Баярцогт, “Айвенхоу майнз Монголия Инк” ХХК-ийн Ерөнхий захирал Кийт Маршал нар гарын үсэг зурах юм байна.

Тус гэрээнд гарын үсэг зурах ёслолд Монгол Улсын Ерөнхийлөгч Ц.Элбэгдорж, Улсын Их Хурлын дарга Д.Дэмбэрэл, Ерөнхий сайд С.Баяр, УИХ, Засгийн газрын гишүүд болон Төрийн өндөр албан тушаалтнууд, аж ахуйн нэгж, ТББ, иргэдийн төлөөлөгчид оролцох аж.

Энэхүү батлагдах гэрээний талаар Сангийн сайд дэлгэрэнгүй мэдээлэл хийнэ гэж байсан. Одоогоор гэрээний төсөл Үндэсний Аюулгүй байдлын зөвлөлөөс гараагүй байгаа тул нийтэд хүргэхэд бэлэн болоогүй байгаа аж.

Ч.Болортуяа

Mongolia's government is going to sign a key investment agreement for the $4 billion Oyu Tolgoi copper-gold mine on Tuesday, Oct. 6, a spokesman for Mongolia's president said Saturday. "On Tuesday will be the signing ceremony. This day is the best day to do a big job," the spokesman told Dow Jones Newswires, referring to the Buddhist calendar. Mongolia is rich in a range of resources, including coal, gold, iron ore, zinc and uranium, and the agreement for Oyu Tolgoi will act as a blueprint for billions of dollars of investment into the impoverished country that shares a border with China. Oyu Tolgoi's owner, Ivanhoe Mines Ltd. (IVN) and joint-venture partner Rio Tinto PLC (RTP) have been waiting for years to sign an investment framework, spelling out taxation and government involvement for the mine, set to produce 450,000 metric tons of copper annually with a mine life of 45 years. Rio currently holds a 9.9% stake in Canada-based Ivanhoe, with an option to raise that to just over 45%.

Some problems of Mongolian mineral law

2009-10-02T10:59:00.000+08:00

1. Орон нутагт үйл ажиллагаа явуулж буй ашигт малтмалын эрэл хайгуул хийх тусгай зөвшөөрлийг олгохдоо зөвхөн одоо хүчин төгөлдөр мөрдөгдөж буй Ашигт малтмалын тухай хууль, Газрын хэвлийн тухай хуулийг үндэслэж, Соёлын өвийг хамгаалах тухай хуулийн 17.10-д “Хот суурин, барилга байгууламж барих, шинээр зам тавих, усан цахилгаан станц байгуулах, ашигт малтмалын хайгуул хийх, ашиглах зэрэг аж ахуйн үйл ажиллагаа явуулахад зориулан газар олгоход түүх, археологийн мэргэжлийн байгууллагаар урьдчилан хайгуул, судалгаа хийлгэж, түүнээс зөвшөөрөл авна.” гэсэн заалт хэрэгжихгүй байгаагаас олон арван түүх соёлын дурсгал үрэгдсэн нь судалгаанаас харагдаж байна.

Хуулийн энэхүү зөрчлөөс шалтгаалан хүн чулуу, эрт дээр үеийн үнэ цэнэтэй шарил, археологийн олдворууд, өнө эртний түүхэн эд зүйлс устаж үгүй болсоор байна. Соёлын өвийг хамгаалах тухай хуулийн тодорхой заалтыг зөрчиж олгогдсон ашигт малтмалын тусгай зөвшөөрлүүдийн хүчинтэй эсэх байдал эргэлзээ төрүүлж байна.

2. Монгол Улсын Засаг захиргаа, нутаг дэвсгэрийн нэгж, түүний удирдлагын тухай хуулийн 29.1.3-т зааснаар аймаг, нийслэл, сум, дүүргийн Засаг дарга нутаг дэвсгэрт нь хайгуулын болон ашиглалтын тусгай зөвшөөрлийг олгоход санал өгөх бүрэн эрхтэй байна. Гэтэл Ашигт малтмалын тухай хуульд ашиглалтын тусгай зөвшөөрөл олгоход аймаг, нийслэл, сум дүүргийн засаг даргын саналыг, хайгуулын тусгай зөвшөөрөл олгоход сум, дүүргийн Засаг даргын саналыг авах талаар тусгаагүй байна.

Орон нутгаас ашигт малтмалын зөвшөөрөл олгоход ямар нэгэн оролцоо үндсэндээ байхгүй нь орон нутгийн иргэд уул уурхайн үйл ажиллагааг буруугаар ойлгох, хууль ёсны үйлдвэрлэлд саад учруулахад хүрч байгаа бөгөөд байгаль орчинд хортой нөлөө үзүүлэх, орон нутгийн иргэдийн аж амьдралд, тэр дундаа нүүдлийн мал аж ахуй, газар тариалангийн нутаг дэвсгэрийг үгүй болгож, нутгийн иргэд – уул уурхайн зохистой харилцаа, ойлголцол дутагдсаар байна.

Тусгай зөвшөөрөл олгоход орон нутгаас зөвшөөрөл авах тогтолцоог Засаг захиргаа, нутаг дэвсгэрийн нэгж, түүний удирдлагын тухай хуульд тусгасан хэдий ч Ашигт малтмалын тухай хуульд энэ талаар тусгаагүйгээс өдийг хүртэл хэрэгжихгүй байна. Энэ нь хууль зүйн хувьд одоо байгаа тусгай зөвшөөрлүүдийн хүчин төгөлдөр эсэхэд эргэлзээ төрүүлж болохоор байна.

3. Ашигт малтмалын тухай хуулийн 12.1.2-т “нутгийн захиргааны болон өөрөө удирдах байгууллага харьяалах нутаг дэвсгэрт нь тусгай зөвшөөрлөөр олгогдсон талбайг зориулалтаар ашиглуулах, зөрчил гаргавал таслан зогсоох;” эрхтэй байхаар заасан хэдий ч зөрчлийг таслан зогсооход шаардлагтай бүрэн эрхийг тэдэнд олгоогүй бөгөөд механизмыг хуульчилж өгөөгүй байна.

4. Ашигт малтмалын тухай хуульд тусгай зөвшөөрлийг “худалдах” талаар ямар нэгэн зүйл тусгагдаагүй бөгөөд харин “шилжүүлэх” гэсэн ойлголт байгаа. Энэ нь энэ төрлийн тусгай зөвшөөрөл “эд хөрөнгө” эсхүл “тусгай эрх”-ийн алинд хамаарах, газар эзэмших, ашиглах концессын нэг төрөл эсэх гэсэн онолын маргаанаас үүдэлтэй юм.

Ашигт малтмалын тухай хуулийн 49.2-т “Хайгуулын тусгай зөвшөөрөл эзэмшигч нь эрэл, хайгуулын талаархи анхдагч материал, тайлан зэрэг мэдээллийг холбогдох хууль тогтоомжийн дагуу худалдаж зохих албан татвар төлсөн нь баримтаар нотлогдсон тохиолдолд түүний эзэмшилд байсан тусгай зөвшөөрлийг худалдан авагчид нь шилжүүлж болно.”гэж, 49.3-т “Ашиглалтын тусгай зөвшөөрөл эзэмшигч нь уурхайг техник хэрэгсэл, тоног төхөөрөмж, баримт бичгийн хамт холбогдох хууль тогтоомжийн дагуу худалдаж зохих албан татвар төлсөн нь баримтаар нотлогдсон тохиолдолд түүний эзэмшилд байсан тусгай зөвшөөрлийг худалдан авагчид нь шилжүүлж болно.” гэж тус тус заасан.

Гэсэн хэдий ч энэ заалт нь хэрэгжүүлэхэд төвөгтэй тодорхой бус заалт байгаа тул татварын байгууллага тусгай зөвшөөрлийн арилжаанаас /маш их хэмжээний мөнгөн дүнтэй/ улсын төсөвт ямар ч орлого олж чадахгүй байна. Тусгай зөвшөөрлийг худалдах үйл явц тусгай зөвшөөрлийг “шилжүүлэх”, эсхүл компаниа “шилжүүлэх” хэлбэрээр явагдаж байна.

4. Ашигт малтмалын тухай хуулийн 44.1-д “Тусгай зөвшөөрөл эзэмшигч нь зохих хууль тогтоомжийн дагуу уурхайд ажиллагсдын хөдөлмөр хамгаалал, эрүүл ахуйн нөхцөл болон тухайн сум, дүүргийн иргэдийн аюулгүй байдлыг хангах талаар тодорхой үйл ажиллагаа явуулна.” гэсэн маш тодорхой бус заалт байсаар байна.

Эрүүл ахуй, хөдөлмөр хамгааллын асуудал нь уул уурхай гэсэн хүнд үйлдвэрийн хувьд олон улсын төвшинд маш хурцаар яригдаж, өндөр шаардлага тавигддаг. Гэтэл Монгол Улсын хуульд зөвхөн нэг тодорхой бус заалт байгаа нь уурхайчид бэртэх, ам насаа алдах, эрүүл мэндээрээ хохирох, тэрчлэн уурхай орчмын газрын оршин суугчид эрүүл мэндээрээ хохирох зэргээр сөрөг үзэгдлүүд улам бүр нэмэгдсээр байна.

5. Аж ахуйн үйл ажиллагааны тусгай зөвшөөрлийн тухай хуулийн 2.3-т заасны дагуу бол Ашигт малтмалын тусгай зөвшөөрөл олгох асуудлыг Ашигт малтмалын тухай хуульд заасны дагуу зохицуулахаар заасан. Гэтэл практикт зарим тохиолдолд мэргэжлийн хяналтын улсын байцаагч Аж ахуйн үйл ажиллагааны тусгай зөвшөөрлийн тухай хуулийг үндэслэн ашигт малтмалын тусгай зөвшөөрлийг түдгэлзүүлж байгаа нь хуульд нийцэхгүй байна.

Ашигт малтмалын тухай хуульд тусгай зөвшөөрлийг жирийн захиргааны актын адил захиргааны шүүх түдгэлзүүлэхийг хориглосоор атал уг харилцаанд үйлчлэхгүй гэж заасан хуулийг үндэслэн улсын байцаагч тусгай зөвшөөрлийг түдгэлзүүлэх нь хуулийн зарчим, зорилгод нийцэхгүй юм.

6. Ашигт малтмалын тухай хуулийн 29.3-т “Эхний 5 жилийн хөрөнгө оруулалтын хэмжээ 50 саяас дээш америк доллартой тэнцэх бол 10, 100 саяас дээш америк доллартой тэнцэх бол 15, 300 саяас дээш америк доллартой тэнцэх бол 30 жилийн хугацаагаар энэ хуулийн 29.1-д заасан гэрээ байгуулна.” гэсэн нь заавал 10, 15, 30 жилийн хугацаагаар байгуулахаар болж байгаа юм. Гэтэл тухайн нөхцөл байдлаас шалтгаалан энэ хугацааг багасгах шаардлага гарч болзошгүй. Иймд 10, 15, 30 жил “хүртэл” гэж өөрчлөх.

7. Хуулийн 58.2-т “Ашигт малтмалын нөөц ашигласны төлбөрийн 10 хувийг тухайн сум, дүүргийн, 20 хувийг тухайн аймаг, нийслэлийн, 70 хувийг улсын төсөвт тус тус хуваарилах бөгөөд орон нутагт хуваарилах ашигт малтмалын нөөц ашигласны төлбөрийн хэмжээ нь аймаг, нийслэл, сум, дүүргийн тухайн жилийн төсвийн дүнгээс хэтрэхээргүй байна.” гэж заасан нь ач холбогдол багатай заалт болсон байна. Орон нутагт оршин суугаа иргэдэд уурхайн хортой нөхцөлд амьдарч байгаа болон өөрийн нутаг дэвсгэр дэх ашигт малтмалаас хишиг хүртэх эрхийн дагуу энэ заалт орсон хэдий ч “төсөв дээр нь нэмж өгөхгүй”-ээр заасан байгаа юм.

Гэтэл энэ төрлийн заалт нь олон улсад түгээмэл бөгөөд түүний зорилго нь нутгийн иргэдийн эрүүл мэнд, боловсролыг сайжруулах, тухайн нутаг дэвсгэрт бизнесийн бусад салбарыг хөгжүүлэх, дэд бүтцийг бий болгох, уурхайн ач холбогдлыг нутгийн иргэдэд ойлгуулах, тухайн бүс нутгийг хөгжүүлэх зэрэгт зарцуулагддаг онцлогтой. Энэ нөхцлийг бий болгохгүй бол тухайн бүсийн иргэд уурхайг ойлгохгүй байх, түүнийг эсэргүүцэх, хууль ёсны үйлдвэрийн үйл ажиллагаанд саад тотгор учруулах зэрэг хүндрэлтэй байдлууд бий болдог талтай.

8. Ашигт малтмалын тухай хуулийн 58.3-т “Улсын төсөвт хуваарилсан ашигт малтмалын нөөц ашигласны төлбөрийн 30 хүртэлх хувийг геологи, уул уурхайн салбарын санхүүжилтэд хуваарилна.” гэж заасан энэхүү заалт нь огт хэрэгждэггүй бөгөөд хэрэгжих боломжгүй заалт юм. Учир нь геологи, ашигт малтмалын энэ салбар нь эрсдэл ихтэй, хөрөнгө их зарцуулдаг салбар бөгөөд төр энэ бизнест арай өөр байдлаар оролцох нь зүйтэй. Тэгээд ч манай Засгийн газар уул уурхайгаас орж ирж байгаа мөнгийг өдөр тутмын хэрэгцээ болон эх орны хишиг, эрдэнийн хувь зэргээр тараахыг зорьж байгаа. Улсын төсвийн дийлэнхи хувийг ашигт малтмалын салбараас бүрдүүлж буй өнөөгийн нөхцөлд энэ заалт хэрэгжих боломж ч байхгүй.

Өндөр овогт Сэрээновын Мандахбат

Улаанбаатар хот, Монгол Улс

The Greatest Life Insurance Commercial Ever!

2009-10-01T14:12:00.000+08:00

Mongolia's $30 Billion Mining Jackpot

2009-09-28T12:52:00.000+08:00

The Wall Street Journal Asia September 25-27 2009

2009-09-28T12:44:00.000+08:00

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Ашигт малтмалын тухай хуульд өөрчлөлт оруулахыг дэмжсэнгүй.

2009-09-23T10:24:00.000+08:00

# Засгийн газрын ээлжит хуралдаан хуралдаж уг хуралдаанаар УИХ-ын гишүүн Н.Батбаяр, С.Бямбацогт нарын санаачлан боловсруулсан “Ашигт малтмалын тухай” хуульд нэмэлт, өөрчлөлт оруулах тухай хуулийн төслийг хэлэлцээд дараах үндэслэлээр дэмжих боломжгүй гэсэн саналыг хуулийн төсөл санаачлагчдад уламжлахаар боллоо.

Үүнд:
1. Хүчин төгөлдөр үйлчилж байгаа “Ашигт малтмалын тухай” хуульд “хөрөнгө оруулагчийн эхний 5 жилийн хөрөнгө оруулалтын хэмжээ 50 саяас дээш америк доллартай тэнцэх бол 10, 100 саяас дээш америк доллартай тэнцэх бол 15, 300 саяас дээш америк доллартай тэнцэх бол 30 жилийн хугацаагаар хөрөнгө оруулалтын гэрээ байгуулна” гэж заасан. Гэтэл ашигт малтмалын тухайн ордын онцлог, хөрөнгө оруулалтын хэмжээг харгалзахгүйгээр нийтэд нь 15 хүртэл жил болгон өөрчлөх нь төдийлөн оновчтой бус бөгөөд хөрөнгө оруулалтын тогтвортой байдал алдагдах сөрөг үр дагавартайг анхаарах нь зүйтэй байна.

2. Уул уурхайн салбар нь эрсдэл ихтэй учир ихээхэн хэмжээний хөрөнгө оруулсан компаниуд тогтвортой орчинд удаан хугацаанд ажиллах эрмэлзэлтэй байдаг. Иймд хөрөнгө оруулалтын хэмжээнээс хамааран гэрээ байгуулах хугацааг заахгүй бол их хэмжээний хөрөнгө оруулах сонирхол буурна. Тиймээс хөрөнгө оруулалтын гэрээний хугацааг өөрчлөх шаардлагагүй гэж Засгийн газрын хуралдаанаас үзлээ. Засгийн Газрын ХМА-аас мэдээлжээ.