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☆ Mongolia urges Russia, other nations to return cultural artefacts
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

Two Gallimimus dinosaur skeletons are on display during a repatriation ceremony at the United States Attorney's Office of Southern District in New York July 10, 2014. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsBEIJING, Nov 20 (Reuters) - Mongolia on Monday called for more support from Russia, Britain and other countries to repatriate hundreds of cultural artefacts, some dating back over two millennia. In recent decades, many countries, including former colonies of European empires, have requested the return of cultural and historical artefacts taken away years ago, many of which are housed in museums reluctant to surrender their collections. Mongolia has made some headway in claiming back its cultural artefacts. Earlier this year, the United States returned dinosaur fossils taken out of Mongolia, including the skull of an alioramus, a smaller version of a tyrannosaurus rex that lived 70 million years ago.

Persons: Eduardo Munoz, Mongolia's, Rashid al, Din, Nomin Chinbat, Pyotr Kozlov, Chinbat, Ryan Woo, Miral Organizations: United States Attorney's Office, Southern, REUTERS, Rights, British Library, Museum of Edinburgh, Mongolia's, Thomson Locations: Southern District, New York, Rights BEIJING, Mongolia, Russia, Britain, China's, London, Persian, Persia, United States, Russian

☆ Lonely Planet’s top places to go in 2024
▼ + stars: | 2023-10-31 | by ( Maureen Ohare | Maureen O'Hare | ) edition.cnn.com time to read: +6 min

CNN —Get your wishlist fired up, Lonely Planet just revealed its 50 top travel destinations for the year ahead. The travel publishing empire turns 50 this year, and its bumper Best in Travel 2024 list is expanded across five categories: top countries, regions, cities, sustainable travel destinations and best-value locations. The “wild beauty” of South Africa also gets a nod, with Lonely Planet recommending visitors check out the country’s “impressive crop of ecolodges” committed to protecting Earth’s biodiversity. The underrated American Midwest is the top tip here: in cities such as Chicago, Milwaukee and Detroit, “you’ll find old warehouses transformed into art studios, new eco design hotels and many Michelin-starred restaurants,” says Lonely Planet. Says Lonely Planet, “Here you’ll find the highest sea cliffs in Europe and miles of unspoilt coastal hiking trails.”Lonely Planet’s Best in Travel 2024India: A big country with a whole lot to love, including Gadisar lake in Rajasthan.

Persons: CNN —, Lucia, Torres del, ecolodges ”, Babanango, “, ”, you’ll, Ilan Shacham, Ireland País Vasco, Português, daniel Organizations: CNN, Lonely, Lonely Planet, Kenyan, Michelin, Getty, Mongolia India Morocco Chile Benin Mexico Uzbekistan Pakistan Croatia St, Regions, CNN Cities Nairobia, Chile Greenland, Lithuania Eco, France Egypt Ikaria, Greece Algeria Southern Lakes, Central Otago , New Zealand Locations: Mongolia, Mexico, Croatia, St, Benin, Uzbekistan, City, Nairobi, Paris, Prague, Czech, “, Patagonia, Torres del Paine, Spain, Valencia, Barcelona, South Africa, South, KwaZulu Natal, Chicago, Milwaukee, Detroit, Algeria, Northern Africa, Europe, Balkans, Slovenia, Bosnia, Hercegovina, Montenegro, Albania, North Macedonia, Kosovo, Serbia, Adriatic, Donegal, Ireland’s, India, Rajasthan, Mongolia India Morocco Chile Benin Mexico Uzbekistan Pakistan Croatia, Lucia Macedonia, South Australia Donegal, Ireland, Spain Southern Thailand Swahili, Tanzania Montana, USA, Austria, Kenya Paris, France Montreal, Canada Mostar, Herzegovina Philadelphia , Pennsylvania Manaus, Brazil Jakarta, Indonesia Prague, Czech Republic Izmir, Turkey Kansas City , Missouri, Spain Patagonia, Argentina, Chile, Chile Greenland Wales, Santiago Palau Hokkaido, Japan Ecuador Baltic, Estonia, Latvia, Lithuania, South Africa Poland, USA Poland Nicaragua Danube Limes, Bulgaria Normandy, France Egypt, Greece Algeria Southern, Central Otago , New

What is the Naadam festival? “Naadam means ‘games’ in the Mongolian language and it includes three main competitions, Mongolian wrestling, archery and horse racing,” he explains. The Naadam games took place virtually for two years, from 2020-2021, because of the pandemic. Kyodo/APIn addition to the major festivities held in Ulaanbaatar, there are Naadam games – of different scales – held across Mongolia in the countryside. A female archer strikes a pose at a small Naadam festival at the Three Camel Lodge in Mongolia's Gobi Desert in 2019.

Persons: Genghis Khan, Here’s, Naadam, It’s, ”, “ Naadam, Genghis, Barry Lewis, –, Yesunge, Tessa Chan, Alison Wright, David, Goliath, Wu Hong Organizations: CNN, Manly Games, Nomadic Expeditions, “, UNESCO, Intangible, Heritage, Humanity, South China Morning, Mongolian Government, Mongolian, Mongolia, Archery, Kyodo, AP, Archery Field, Shutterstock Locations: Mongolia, gers, Mongol, Ulaanbaatar, Uliastai, Western Mongolia, South, Mongolian, Australia, New Zealand, Ulaanbataar

☆ Elon Musk's SpaceX to launch satellite internet service in Mongolia
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +1 min

BEIJING, July 7 (Reuters) - Mongolia has granted two licences for Elon Musk's SpaceX to operate as an internet service provider using low-orbit satellites, the government said on Friday. Millions of internet users in Mongolia will be able to access high-speed connection via Starlink, the satellite communications service operated by SpaceX, the government said in a statement. Starlink has built a fast-growing network of more than 3,500 satellites in low-Earth orbit that can provide connectivity in remote areas. Formal cooperation between the Mongolian government and SpaceX was initiated in February during the 2023 Mobile World Congress in Barcelona. Resource-rich Mongolia has extensive deposits of rare earth minerals and copper, which are critical materials in the electric vehicle supply chain.

Persons: Starlink, Communications Uchral, Erdene, Musk, Ryan Woo, Jacqueline Wong Organizations: Elon, SpaceX, Digital Development, Communications, Mongolian, Tesla, Thomson Locations: BEIJING, Mongolia, Starlink, Barcelona

☆ Elon Musk discussed a possible Mongolia expansion with the country's prime minister
▼ + stars: | 2023-06-07 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Mongolia's prime minister Luvsannamsrai Oyun-Erdene and Tesla CEO Elon Musk on Monday discussed possible expansion and investments into the Asian country over a virtual meeting. A statement from the cabinet secretariat of Mongolia's government added that the country's prime minister emphasized his support for the use of electric cars and urged Mongolian citizens to use such vehicles. Musk and Oyun-Erdene also spoke about bringing Starlink — a satellite communications terminals and services provider operated by the Musk-founded SpaceX — to Mongolia. Starlink was registered as a company in Mongolia in 2022 and is expected to launch regionally this year. The Tesla CEO complimented China's technological advances and visited the Tesla gigafactory in Shanghai.

Persons: Mongolia's, Luvsannamsrai, Elon Musk, Erdene, Starlink, Ding Xuexiang Organizations: Tesla, SpaceX, U.S Locations: Mongolia, Mongolian, Mongolian Government, China, Beijing, Shanghai

☆ Turquoise Hill shareholders approve Rio Tinto's $3.3 bln buyout bid
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +1 min

Dec 9 (Reuters) - Shareholders of Canada's Turquoise Hill (TRQ.TO) on Friday voted in favour of Rio Tinto's (RIO.L), (RIO.AX) $3.3 billion bid to take it private and gain direct control over a giant Mongolian copper mine. Turquoise Hill said 86.6% voted to approve Rio Tinto acquiring 49% of shares that it does not already own, giving the Anglo-Australian miner a 66% stake in Oyu Tolgoi, the world's largest known copper and gold deposit. The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government, and operated by Rio. Friday's shareholder meeting was repeatedly delayed due to opposition of key minority shareholders of Turquoise Hill, including funds Pentwater Capital and SailingStone Capital. Rio Tinto had agreed to let the two dissenting parties withhold their votes and make claims via an arbitration process, a deal that was subsequently scrapped as it raised regulatory concerns.

☆ Rio Tinto’s Mongolian purgatory is finally over
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +2 min

LONDON, Dec 9 (Reuters Breakingviews) - Finally, something has gone right for Rio Tinto (RIO.L) in Mongolia. Rio boss Jakob Stausholm squeaked home with 60.5% of minority votes cast, just over the 50% threshold. It’s a massive win for Stausholm and Rio copper boss Bold Baatar. Oyu Tolgoi still needs more than $3.5 billion of funding. Instead, Rio is handing them C$43 per share in cash – a 70% premium to the price in March.

Buying out the Turquoise Hill minority shareholders is Stausholm’s other initiative. Imagine minority shareholders vote down the offer, but Rio then has Turquoise Hill issue fresh equity. With minimal net debt, the miner had enough cash to buy more Turquoise Hill equity. Rio shareholders soon will see just how well Stausholm plays. Pentwater Capital Management and SailingStone Capital Partners, which own respective 15.2% and 2.2% stakes in Canada-based Turquoise Hill, have resisted the offers.

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