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While Western financial blogs in 2012 decried the rise of Mongolian resource nationalism as well as continuing corruption in Mongolia’s mining sector, Australia, cautiously yet successfully, has maneuvered through the same environment to significantly increase its investment and political footprint.

Ferro Iron Ore Corp. (TSX VENTURE:RRO) reports the appointment of Paul Bozoki as Chief Financial Officer, Neil Said as Corporate Secretary and the addition of George Faught, Chirvani Abdoullaev and Alastair Neill to the company’s Board of Directors, effective immediately.

Mining billionaire Gina Rinehart says Rio Tinto (ASX, LON, NYSE:RIO) should move its headquarters from London to Perth, since iron ore boss Sam Walsh is now the company’s new CEO. In a statement to Fairfax Media Rinehart said most of Rio’s money was generated in Western Australia and it made sense for the company to set up in Perth. “In …

The President of Mongolia Ts.Elbegdorj has made a statement regarding the need for greater transparency and improved management of the Oyu Tolgoi Project. His statement was made at the open parliament meeting on Friday where he listened to the issues regarding Oyu Tolgoi presented by government officials.

OBG talks to A.Gansukh, Minister of Roads and transportation -In your opinion, what are the top three policy priorities for the transport sector in 2013? -GANSUKH: The top three priorities are the development of the road infrastructure, the railway and the civil aviation sector. In terms of roads, we are aiming to connect 12 provincial centres to Ulaanbaatar by building …

China and Mongolia have broad prospects to deepen cooperation in mineral resources and energy, a senior Chinese official said Tuesday. Zhang Xiaoqiang, deputy director of China’s National Development and Reform Commission, said the two countries should enhance cooperation in mining and energy areas through joint development of big mining projects and construction of transportation infrastructure.

Batsukh Galsan, Chairman of Board, Oyu Tolgoi LLC, informed reporters that the company is conducting detailed studies and planning to build a new town next to Umnugovi’s Khanbogd soum during the recent ceremony to commission OT’s new copper concentrator, which was previously reported by BM. Located 45 kilometers from Oyu Tolgoi, Khanbogd is now a lively village (‘soum’ in Mongolian) …

New border gate with eight lines at Shivee Khuren in Mongolia and Ceke in China launched in January 5, with opening ceremony, which was attended by representatives from its co-founders; General Authority for Border Protection, General Customs Office, State Inspection Agency, MAK, SouthGobi Sands, Qinhua-MAK-Nariin Sukhait. The recent opening of new border gates between Mongolia and China exclusively for coal …

On January 10, 2013, several members of the State Great Khural (Parliament) of Mongolia delivered a request to form an Acting Mine Development Standing Committee in the Parliament to the Speaker Z.Enkhbold. A document was signed by 18 members, including B.Bat-Erdene (MPP), J.Batzandan (DP), J.Batsuuri (MPP), D.Battsogt (“Justice” Coalition), N.Battsereg (“Justice” Coalition), S.Byambatsogt (MPP), G.Uyanga (“Justice” Coalition), Ts.Davaasuren (Independent), A.Tleikhan …

CEIC News@lert: Mongolia’s abundance of natural resources, such as coal and gold, has boosted the country’s economy tremendously in recent years. The Mongolian Gross Domestic Product increased by 34.39% between 2007 and 2011 (representing a 7.67% compound annualized growth rate) to MNT 4.89 trillion. The country’s mining output has been growing rapidly and surpassed that from the agricultural sector in …