NAMBC Chairman Edward T. Story Jr. receives Order of the Polar Star from President Ts. Elbegdorj in Ulaanbaatar ceremony

2016-07-17T19:54:23+00:00 September 24th, 2009|Categories: Archives|

NAMBC Chairman Edward T. Story Jr. was awarded the Order of the Polar Star, Mongolia’s highest decoration, by President Ts. Elbegdorj at a ceremony on September 17 at Government House in Ulaanbaatar. The President cited Ed for his many years of service in building stronger North America-Mongolia relations and developing the nation’s economy, as the first foreign investor in Mongolia’s petroleum sector, as a philanthropist, and as the first Honorary Consul of Mongolia in the United States and the first Honorary Consul-General in the Western Hemisphere. The ceremony was followed that evening with a dinner in Ed’s honor at the [...]

Last chance to register for 12th Annual Investors Conference and Prime Minister’s Roundtable, September 14-16, Ulaanbaatar; Preliminary conference agenda, registration form available below

2016-10-27T05:27:37+00:00 September 2nd, 2009|Categories: Archives|

Scores of delegates have already registered for our Investors Conference, September 14-16, from the US, Canada, the UK, Australia, Thailand and China, as well as an unexpectedly large number of Mongolian business leaders. Space is limited; registrations are being accepted on a first come, first served, space available basis. Registration fees may be remitted via with a 2.75% service charge; contact for instructions. One of the popular annual highlights of the conference is a private Roundtable discussion with Prime Minister Sanj Bayar and a reception at Ikh Tenger, his official residence. This yearly roundtable has been part of [...]

Mining and Oyu Tolgoi tops the agenda for 12th Annual Investors Conference & Prime Minister’s Roundtable, September 14-16; Registration deadline is September 1st

2016-10-27T05:27:37+00:00 June 28th, 2009|Categories: Archives|

To facilitate dialogue among speakers and participants, space is limited to the first 120 registrants for our 12th annual Investors Conference in Ulaanbaatar, September 14-16, 2009. One of the popular highlights of the conference is a private Roundtable discussion with Prime Minister Sanj Bayar and a reception at his official residence. This yearly roundtable has been part of the conference agenda since 1998. Other program components include panels on "Mining, Oil and Natural Resource Development," "Politics and Parliament" including presentation of the latest Mongolian public opinion survey data, and "New Visions, New Directions, New Leaders." A link to the registration [...]

US Ambassador Mark Minton bids farewell to Mongolia at Investors Conference at conclusion of 3-year tour of duty

2016-07-17T18:57:33+00:00 June 28th, 2009|Categories: Archives|

American Ambassador Mark Minton will deliver his farewell to Mongolia at the Investors Conference on the eve of his departure from the country following a three-year assignment. NAMBC Chairman Ed Story said, "Mark arrived in 2006 during our 9th Annual Investors Conference and we are deeply honored that he decided to say his farewell at our 12th. He's done a great job and we're delighted to have this chance to hear him in Ulaanbaatar one last time and to show our appreciation." Mark Minton has served as US Ambassador to Mongolia since September 2006. Immediately prior to his appointment as [...]

Keynote Address to be delivered by Canadian Ambassador Anna Biolik

2016-07-17T18:54:26+00:00 June 28th, 2009|Categories: Archives|

Canadian Ambassador to Mongolia Anna Biolik will deliver the Keynote Address at our  Investors Conference on the morning of September 15.  Canada's first resident ambassador in Mongolia, she has served since presenting her credentials to President N. Enkhbayar on September 2, 2008. Ambassador Biolik is one of  North America's foremost experts in Central Asian diplomacy. Immediately prior to her appointment, Ambassador Biolik had served for two years as director of the Centre of Learning for International Affairs and Management of the Canadian Foreign Service Institute. From 2004 to 2006, she served as ambassador of Canada to the Republic of Kazakhstan, with [...]

NAMBC meets with President Elbegdorj to urge swift action on Oyu Tolgoi; New President foresees “timely” action on pending mining issues; US Senate passes Mongolia resolution on day of Elbegdorj inauguration

2016-07-17T19:03:31+00:00 July 27th, 2009|Categories: Archives|

On July 8, an NAMBC delegation headed by NAMBC President Steve Saunders met with President Ts. Elbegdorj at Government House in Ulaanbaatar to urge swift action on the Oyu Tolgoi (OT) investment agreement and other related matters so that the “Mongolian people could begin to reap the huge economic benefits of accelerated natural resource development.” President Elbegdorj replied that he expected the Oyu Tolgoi agreement to be approved in a “timely” manner. Oyu Tolgoi is the copper-gold  mine project in the south Gobi being developed by Ivanhoe Mines and Rio Tinto, potentially the largest copper mine in the world. In [...]

Canadian & US official delegations attend inauguration of President Elbegdorj; US Senate unanimously passes pro-Mongolia resolution on the same day

2016-07-17T18:31:50+00:00 June 22nd, 2009|Categories: Archives|

The governments of Canada and the US sent official delegations to attend the June 18 swearing-in of Ts. Elbegdorj as Mongolia’s fourth President. On the same day in Washington, DC, the United States Senate unanimously passed a resolution (Senate Resolution 192) honoring Mongolia's democracy and free market economy and re-affirming strong ties between the US and Mongolia. See below for link to the full text of the resolution. The Canadian delegation was headed by Senator Anita Raynell Andreychuk of Saskatchewan, who has served in the Senate for 16 years, and included Canadian Ambassador Anna Biolik. Senator Andreychuk is the Chair [...]

Keith Marshall of Rio Tinto is elected to NAMBC Board of Directors

2016-10-27T05:27:37+00:00 June 17th, 2009|Categories: Archives|

Keith Marshall of Rio Tinto was elected a member of the NAMBC Board of Directors on April 21 at our 19th Annual General Meeting in Washington , DC .  Keith was appointed Managing Director of Ivanhoe Mines Mongolia in February 2008 with responsibility for the Oyu Tolgoi copper-gold project. He plays a leading role in the Investment Agreement negotiations with the Mongolian Government and the State Great Hural. Keith brings to our Board 30 years experience in the international mining industry in every continent on earth. Prior to taking up his Oyu Tolgoi assignment, Keith worked for four years as [...]

Registration is free for USDOC US-Mongolia Business Forum on June 9 in Washington, DC; Foreign Minister will speak

2016-10-27T05:27:37+00:00 June 2nd, 2009|Categories: Archives|

The US Commerce Department’s 4th US-Mongolia Business Forum is on Tuesday, June 9, in Washington, DC, and focuses on the energy sector. Registration is free but you must send in a registration form in advance. A form can be downloaded below. The conference will be held at the ground floor auditorium of the US Department of Commerce building, 1401 Constitution Avenue, NW,  Washington, DC. For more information, please contact Ms. Zhen Gong Cross, Head of Mongolian Affairs at USDOC, by phone (202-482-2910) or e-mail -- Expected speakers include Gary Locke, US Secretary of Commerce; S. Batbold, Mongolian Minister of [...]

General Manager of Financial Regulatory Commission visits NAMBC

2016-07-17T18:13:15+00:00 May 19th, 2009|Categories: Archives|

Mr.Ganbat Osor, Head of the Office and General Manager of the Financial Regulatory Commission of Mongolia (FRC). met with the NAMBC in Alexandria, VA, on May 12 during a visit to the US sponsored by the US State Department International Visitor Leadership Program and organized by Meridian International. Ganbat previously served at the Ministry of Finance of Mongolia as Head of the Monitoring and Evaluation Division, 2004 – 2006, and as Director of the Monitoring and Evaluation Department, 2000-2004. Among the topics discussed were US mechanisms for financial regulation and supervision, including regulation of the securities markets, insurance industry and investment funds, [...]