Source: Ardiin Erkh                 Date: 02 July, 2010

A Mongolia Day was observed at the London Stock Exchange on June 28 to begin the process of Mongolian mineral resources companies being listed there.  Mr. O.Chuluunbat, MP, Mr. R.Sodkhuu, director of the Mongolian Stock Exchange, Mr. D.Sugar, head of the State Property Committee, Mr. D.Enkhjargal, the Central Bank representative in London, Mr. B.Ulziibayar,  director of Norton Sec, and a media team from Ulaanbaatar were among those present. Senior LSE officials welcomed the Mongolian team and expressed their readiness to help Mongolian companies.

Presentations containing suggestions on trading in international markets were given by Credit Suisse and Rio Tinto. Both referred to Mongolia’s huge potential and stressed that investors would be closely watching the policy of the Mongolian Government. In their turn, Mr. Chuluunbat, Mr. D.Erdenebileg, deputy director of Oil Department, and Mr. B.Ganzorig, director of Foreign Investment Department, gave detailed information on the mining sector, the legal environment and government policies. Mr. Sugar talked about the 15 strategic deposits, and was very attentively heard.