Posted in Articles on March 4, 2013

Rio Mongolian Mine Failure Would Be ‘Catastrophe ...

Number of View: 1783 By Michael Kohn March 4, 2013 ULAN BATOR (Bloomberg) Mongolia’s businesses could face a “catastrophe,” if Rio Tinto (RIO) Group and the government cannot resolve a dispute over funding the Oyu Tolgoi copper and gold mine, the deputy minister for economi ... Continue Reading

Posted in Articles on February 6, 2013

Mongolia Debt Costs Rise as Government Battles Rio ...

Number of View: 1633 Michael Kohn February 6, 2013 ULAN BATOR (Bloomberg) The yield on Mongolia’s global sovereign notes rose to the highest since the debt was sold in November as the government battles for control over a mining contract with Rio Tinto Group, the nation’s bi ... Continue Reading

Posted in Articles on January 14, 2013

Mongolia Economic Growth Moderates to 12.3% as Coa ...

Number of View: 3279By Michael Kohn January 14, 2013 ULAN BATOR (Bloomberg) Mongolian economic growth slowed last year to 12.3 percent after moderating expansion in China curbed demand for its exports of coal. Gross domestic product, as measured by production, grew last year to 13.9 trill ... Continue Reading

Posted in Articles on January 11, 2013

Yum’s KFC to Open First Outlet in Mongolia

Number of View: 985By Michael Kohn January 11, 2013 ULAN BATOR (Bloomberg) Yum! Brands Inc. (YUM) will open its first KFC restaurant in Mongolia, Asia’s fastest-growing economy, this year with conglomerate Tavan Bogd Group, the Ulan Bator-based company said. Tavan Bogd, whose businesses ... Continue Reading

Posted in Articles on December 9, 2012

Heavily Polluted Mongolian Capital Turns to Buses ...

Number of View: 2027By Michael Kohn December 9, 2012 ULAN BATOR (AFP) On the streets of Ulan Bator a people renowned for their horse riding skills have to contend every day with ever more Hummers, Land Cruisers and Range Rovers. Mongolia’s vast open steppes and deserts stretch for hundre ... Continue Reading

Posted in Articles on December 3, 2012

Severely Polluted Mongolia Tries a Cleaner Power S ...

Number of View: 2864By Michael Kohn December 3, 2012 SALKHIT, Mongolia (New York Times) – On a desolate, wind-raked hilltop not far from the Mongolian capital, white-helmeted workers were busily lifting, tugging and erecting 80-meter poles and fitting them with enormous pinwheel-lik ... Continue Reading

Posted in Articles on November 4, 2012

Giant copper mine offers Mongolia a cash bonanza

Number of View: 1633By Michael Kohn November 4, 2012 ULAN BATOR, Mongolia (AFP) – Deep in the heart of the Gobi Desert in Mongolia amid a landscape of sand dunes and ice canyons, one of the world’s biggest copper mines is about to come on stream. Anglo-Australian miner Rio Tint ... Continue Reading

Posted in Articles on October 28, 2012

Lights Out, Chain Smoking Mongolians Hit With Ban

Number of View: 1066Michael Kohn in Ulan Bator Monday, 29 October, 2012 It’s Friday night at the Grand Khaan Irish Pub and the house band is covering an Eric Clapton song, the waitresses are delivering pints of beer to patrons and thick clouds of cigarette smoke are wafting into the ... Continue Reading

Posted in Articles on October 16, 2012

Mongolia eyes Peabody to develop giant coalmine

Number of View: 1734By Michael Kohn ULAN BATOR | Tue Oct 16, 2012 4:00am EDT (Reuters) – The state-owned developer of the huge Tavan Tolgoi coal deposit in Mongolia has invited U.S. miner Peabody Energy (BTU.N) to help build infrastructure and be a temporary mine contractor on the pr ... Continue Reading

Posted in Articles on October 15, 2012

Mongolia’s capital topples last Lenin statue ...

Number of View: 2364By Michael Kohn Monday, Oct 15, 2012 ULAN BATOR (AFP) – Mongolia’s capital has removed its last statue of Lenin, one of the final vestiges of the country’s longtime alliance with the Soviet Union as it forges ever-closer links to the West and China. Ulan Bator ... Continue Reading