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Vice Minister of Mining is expected as speaker at NAMBC’s Ottawa AGM,
April 22-23, in addition to Ministry’s International Cooperation Director,
five ambassadors, other government and corporate leaders

His Excellency Oyun Erdenebulgan, Vice Minister of Mining, is expected as featured speaker at our 24th Annual General Meeting, April 22-23, 2014, in Ottawa at the Courtyard Marriott Byward Market. Our AGM is structured as an investor forum and non-members are warmly welcomed.

Other speakers include Khurelbat Amarjargal, Director of the Mining Ministry’s International Cooperation Division, five current or former Mongolian, Canadian, and American ambassadors, and other senior government officials from Canada and the US. Panelists include senior executives of Rio Tinto, Centerra Gold, SNC-Lavalin  and other companies.

The AGM opens with a reception on Tuesday, April 22, followed by a full day of speakers, panelists and discussion on Wednesday, April 23. A registration form can be downloaded below. To reserve NAMBC group rate rooms online at the discounted rate of C$159 + tax per night, click on the link below, or phone (613) 241-1000 or 1-800-341-2210. The deadline for the guaranteed group rate has been extended a few days.

For NAMBC members only, second and all other delegates from the same company or organization receive a 25% discount. Discounts are also offered for academics and Mongolian expat graduates of Canadian or American universities.

Click here for Registration Form

Click here for online room reservations at the Courtyard Marriott Ottawa

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H.E. O. Erdenebulgan
Vice Minister
Ministry of Mining

H.E. O. Erdenebulgan
Vice Minister
Ministry of Mining 


Summary report of Mongolia@PDAC conference available here;
Minister Gankhuyag expresses optimism that “discrepancies” in laws
would be addressed by parliament
 in the spring session  

A link to the detailed summary report on the Mongolia@PDAC conference held in Toronto on March 4 is available below. At the conference, Mining Minister Gankhuyag Davaajav warmly welcomed foreign mining investment, saying Mongolia’s goal was to offer investors “firm sustainability of politics, economics and legal environment.”  Over 130 people registered for the Second Annual Mongolia@PDAC conference – almost double last year’s attendance -- organized by the Canadian Government and the NAMBC. The Minister’s PowerPoint presentation can be downloaded below.

The Minister candidly admitted Mongolia  had made mistakes affecting foreign investment  in the past but that it would "never repeat" them.. He also said that the moratorium on new mining exploration licenses, first imposed in June 2010, might be ended as the result of Minerals Law amendments and other legislation to be taken up during the spring session of parliament. Minister Gankhuyag said parliament would address the "many discrepancies" in previous mining laws including perhaps long-awaited revisions to the so-called “Long Name Law” on mining near rivers and forests.

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Click here for detailed summary of Mongolia@PDAC conference

Click here for Minister Gankhuyag’s PowerPoint presentation



Minister Gankhuyag 

Minister Gankhuyag

President Elbegdorj  awards Order of the Polar Star to Jalsa Urubshurow,
Co-Founder and Former Chairman of the NAMBC 

President Ts. Elbegdorj has awarded the Order of the Polar Star, Mongolia’s highest decoration, to Jalsa Urubshurow,  CEO of Nomadic Expeditions and one of the founders of the NAMBC in 1990. The medal was presented to Urubshurow  by Mongolian Ambassador Bulgaa Altangerel at the Mongolian Embassy in Washington, DC, on January 23, 2014.  The decoration recognizes Urubshurow’s leadership in promoting eco-tourism and environmental awareness, his advocacy of corporate philanthropy as well as his contributions to strengthening US-Mongolia relations for more than two decades. Urubshurow served as Chairman of the NAMBC 1999-2007.

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Ambassador B. Altangerel (L) presents Polar Star to Jalsa Urubshurow

Ambassador B. Altangerel (L) presents Polar Star to Jalsa Urubshurow

NAMBC Chairman Pam Slutz interviewed on “Jargal de facto” TV program 

Former US Ambassador Pamela Slutz (Retired), chairman of the NAMBC, was the subject of a 30 minute interview last month on “Jargal de facto,” Mongolia’s most popular public affairs TV show, broadcast every Wednesday evening on NTV Mongolia. In a wide ranging interview, Ambassador Slutz discussed US-Mongolia economic and political relations, progress towards greater transparency in the Mongolian government, regional issues and matters affecting foreign direct investment in Mongolia. 

The host, D. Jargalsaikhan, is a widely-read columnist and non-partisan civil society activist, who previously served as CEO of several Mongolian financial institutions and as Chairman of Mongolia’s Foreign Investment and Foreign Trade Agency (FIFTA). He received his MBA in finance from the University of Denver. Chairman Slutz, former US ambassador to Mongolia and Burundi, was elected Chairman of the NAMBC in April 2013, after retiring from a 31-year career in the US Foreign Service in 2012. She earned her MA in Asian Studies from the University of Hawaii where she was an East-West Center Fellow.  

Click HERE for the full video of the Pam Slutz interview  


Scott Grimsby of Boeing joins NAMBC Board of Directors 

The newest member of the NAMBC Board of Directors is Scott Grimsby, Sales Director, Northeast Asia, for Boeing Commercial Airplanes, with responsibility for Mongolia, Taiwan, and the Philippines. In this role, he is in charge of commercial airplane products and services, and for managing business relationships with the airlines, government and other stakeholders. Scott has been in the Northeast Asia sales region since November 2003 and has worked in Boeing sales and marketing for more than 15 years. Previously, he held various positions in Boeing Business Jets, Customer Services, and the 777 Program. Scott graduated from Stanford University with a bachelor’s degree in electrical engineering. He succeeds Bob Madden, who represented Boeing on the NAMBC board with distinction for eight years.

scott grimsby

Scott Grimsby
New Board Member

Boeing Logo

Mongolia decides to waive visas for Canadian visitors 

One of the notes exchanged and signed during Governor General David Johnston’s visit to UB, October 24-26, was the decision by the Mongolian Government to permit visa-free entry for Canadian passport holders for stays up to 30 days. Both President Elbegdorj and Governor General Johnston were present at Government House  to witness the formal exchange of notes on the visa waiver, signed by Foreign Minister Lu. Bold and Canadian Ambassador Greg Goldhawk. This waiver agreement follows up the June 7 announcement by Ambassador Goldhawk that the Canadian Government would issue up to a 10 year visa for a civilian with an ordinary Mongolian passport and a four year multiple entry visa for officials with diplomatic passports.
  Governer General's Visit

Johnston and Elbegdorj witness signing by Goldhawk and Bold

NAMBC's "Canadian Alumni of Mongolia" program is organizing as an independent self-governing NGO in Canada

The NAMBC is pleased to announce that two of the earliest members of our "Canadian Alumni of Mongolia" program (CAM) are organizing it as an independent, non-profit, self-governing NGO in Canada. Any Mongolian citizens who attended or are now attending high school, college, university, or technical training in Canada are eligible for membership, even if you did not graduate. CAM will be open to Mongolians who are permanent residents of Canada or are living in Canada with student or other temporary visa status as well as Mongolians living in other countries.

CAM's objectives are to: (1) promote Canadian education for Mongolian students; (2) promote establishment of a professional and social network for Mongolians in Canada; (3) promote outstanding achievements of alumni; (4) promote the exchange of ideas, and provide opportunities for continuing education; and (5) connect Mongolian graduates with Canadian companies and businesses that operate in Mongolia.

For further information, contact one of the two Co-Chairs of CAM: Bulgan Orgilsaikhan  at the Forbes & Manhattan Investment Bank in Toronto,, OR   Saruul Ayurzana, BA, CMA, Adjunct Professor at Algonquin College,




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