Tuesday, April 13, 2010

Mogi's April 12, 2010 Morning (sorry, Night) News

Mongolia Names Hong Kong Top Fundraising Market for State Firms

April 12 (Bloomberg) -- Mongolia named Hong Kong as its first-choice market for state-owned assets to raise money from the nation’s largest trade partner, China.

HK a conducive market for Mongolia firms to list-PM

HONG KONG, April 12 (Reuters) - Hong Kong is a natural choice for Mongolian enterprises to go public as the resources-rich country develops its vast untapped mineral wealth, the Mongolian prime minister said.

Ivanhoe to Start Building Mongolia Copper, Gold Mine

April 8 (Bloomberg) -- Ivanhoe Mines Ltd. said construction of a $5.5 billion copper and gold mine that it’s developing in Mongolia is set to begin.

Mongolia Plans $1 Billion Sovereign Issue

April 12 (WSJ) Mongolia plans to raise up to $1 billion through a sovereign bond offering in the fourth quarter of this year, the country's prime minister said.

Hunnu to buy stake in Mongolian coal mine

PERTH ( – ASX-listed coal developer Hunnu Coal will acquire a 60% interest in a Mongolian coal mine, which is expected to start production during the latter part of this year.

S3 Investment Company Recaps Recent China Trip by Chairman/CEO

The Visit Results in a New Client Signing by the Company's Redwood Capital Subsidiary and Additional Opportunities in Mongolia

DANVILLE, CA--(Marketwire - April 12, 2010) -
"Redwood Capital's most recently announced client is based in Mongolia, and in addition to this recent signing, we believe that there may be additional opportunities for Redwood in Mongolia," said Mr. Bickel. "I was pleased to not only attend the Mongolia-Asian Investment Forum event in Beijing, but also to travel to Mongolia and see the country in person."

China, Mongolia underline stronger cooperation

China and Mongolia Saturday underscored their commitment to seeking stronger cooperation.

April 11, 2010. Chinese Vice President Xi Jinping met with Mongolian Prime Minister Sukhbaataryn Batbold on the sidelines of the annual session of the Boao Forum for Asia (BFA), a pan-Asian platform for
dialogue on key issues affecting Asia and the world.

Science Council of Asia to hold 11th annual meeting in Mongolia

April 10, 2010. The 11th annual Conference of Science Council of Asia (SCA) will be held in Ulan Bator, Mongolia in 2011, to focus on ecological issues, particularly the reduction of desertification and
sand movements, officials said Friday.

Deputy Prime Minister Miyegombo Enkhbold held talks with visiting SCA general secretary Masatoshi Tsunaki and reached an agreement on the venue for the next annual SCA meeting.

Steppe lively: Mongolia's Naadam games

By Michael Shapiro (Washington Post) Sunday, April 11, 2010

When President Nixon visited China in 1972, he said that it takes a great people to build a Great Wall. In Mongolia they countered: It takes an even greater people to make them want to build it. That
warrior pride is on full display at the Naadam festival.

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