Source:  Reuters.com                 June 16, 2010

Mongolia plans to list its Oyu Tolgoi mine, one of the world's biggest untapped copper and gold deposits, and is receiving proposals from global stock exchanges to assist with turning its state-run stock market into a private enterprise, a government official said on Tuesday.  Mongolia hoped to list Oyu Tolgoi on the domestic exchange and an international one, Mr. D. Sugar, chairman of the State Property Committee, said at the Mongolia Capital Raising Conference.

Mr. Sugar also said that Mongolia planned to list Tavan Tolgoi, one of the world's largest untapped coal deposits. He added that the London Stock Exchange, the NASDAQ and the Hong Kong Stock Exchange were among the groups that had submitted proposals to Mongolia to assist in privatizing its exchange.