Latest news with #Ulaanbaatar
NHK
19 hours ago
- Politics
- NHK
Japan's Emperor and Empress to visit Mongolia in July
It has been formally decided that Emperor Naruhito and Empress Masako will make an official visit to Mongolia in July. Their itinerary includes a visit to a memorial for Japanese nationals who died there after World War Two. The couple's trip to Mongolia for eight days from July 6 was decided at a Cabinet meeting on Friday. It will be their first trip to Mongolia as Emperor and Empress. They are scheduled to depart from Tokyo's Haneda Airport in the morning and arrive at Ulaanbaatar, Mongolia's capital, in the afternoon. The Emperor and Empress will attend a welcome ceremony on July 8 as state guests and meet with Mongolian President Ukhnaa Khurelsukh and his wife, Luvsandorj Bolortsetseg, in a ger, a traditional tent-like structure, designed to host special guests within government facilities. They will attend a banquet at a hotel in the capital in the evening. The couple is also scheduled to pay their respects at a monument for Japanese nationals who died from hard labor and other causes after being detained by the former Soviet Union and sent to Mongolia shortly after World War Two. The Emperor and Empress will also have opportunities to learn the history and culture of Mongolia and to interact with local people. Toward the end of the trip, the couple is expected to attend the opening ceremony of Naadam, the national sports festival, and watch competitions in such events as archery and horse racing. Their itinerary also includes a visit to a national park where a rare horse species roams a vast expanse of grassland.
BBC News
a day ago
- General
- BBC News
The Documentary Podcast Reworking a future: Buddhist revival in Mongolia
Cambridge anthropologist David Sneath is in Mongolia to find out how Buddhism continues to make a comeback after years of persecution under Communism. David tells the story of how a young Mongolian boy has recently been recognised as the new reincarnation in a lineage of major Buddhist leaders, once known in the country as 'Holy Emperor'. The 10-year-old boy will, when formally enthroned, be considered the 10th Jebtsundamba Khutughtu in a lineage stretching back centuries. The Jebtsundamba Khutughtu (widely known to Mongolians as the 'Bogd') is a leader of the Gelugpa School within the tradition of Tibetan Buddhism, and the young boy was officially recognised by the Dalai Lama, the exiled Tibetan religious leader. David meets the boy's mother, religious leaders and leading cultural figures to find out what is in store for the young Bogd. This episode of The Documentary, comes to you from Heart and Soul, exploring personal approaches to spirituality from around the world.
CBC
a day ago
- Sport
- CBC
New-look Canadian 3x3 basketball teams shoot for 1st-ever World Cup titles
Battered and bruised in the immediate aftermath of the Olympics, Canada's 3x3 women's basketball team chose the 10,000-foot view. The long successful group had come to Paris with eyes on a gold medal, but left having not reached the podium at all. Yet the foursome of Katherine Plouffe, twin sister Michelle Plouffe, Paige Crozon and Kacie Bosch opted to revel in the journey instead of dwelling on the defeat. Their voyage together may not have peaked with gold, but it was undoubtedly successful, including many victories and establishing the groundwork for Canadian 3x3 basketball from unfunded in 2019 to Olympians five years later. On Sunday, a new chapter of Canadian 3x3 basketball will begin at the World Cup in Ulaanbaatar, Mongolia, with both the women's and men's teams set to compete for a title neither has ever won. "I don't think we lost confidence after the Olympics. I think it was definitely tender and emotional. But our team values stayed the same and we all knew what we brought to the table both on and off the court," Crozon said from a hotel room in Mongolia. Schedule conflict, minor injuries sideline Plouffes It'll be up to Crozon and Bosch to pass those values on to a pair of new team members at the World Cup. The Plouffes will not play as they deal with both schedule conflict and minor injuries. In their place will be Saicha Grant-Allen, with 49 games on her ledger, and Cassandra Brown, a relative rookie at 26 games. Crozon and Bosch have combined to make 412 appearances for Canada on the 3x3 circuit. "Just using it as an opportunity to expand our games personally, but then also embracing the challenge of finding out what works for this team … and just trying to continue the culture and values that Michelle and Katherine Plouffe have instilled in this group," Crozon said. Live coverage of the World Cup will be available on CBC Gem and beginning Sunday at 11 p.m. ET/8 p.m. PT through to the medal games on Sunday, June 29. The Canadian women, ranked sixth, are pooled with No. 3 France, No. 11 Hungary, No. 14 Austria and No. 18 Latvia. Canada's men — making their first World Cup appearance since 2018 — are ranked 17th and will face No. 3 France, No. 6 Austria, No. 11 China and No. 14 Puerto Rico in the group stage. Sixteen countries from each 20-team tournament will reach the single-elimination knockout stage, with division winners headed directly to the quarterfinals. While the Canadian women have won back-to-back regular-season championships on the 3x3 circuit, and earned the inaugural Champions Cup title in March, their best finish at the World Cup was a silver in 2022. A win in Mongolia would leave just one shiny Olympic first to obtain. But that gold medal will only be available three years from now in Los Angeles. Establish chemistry For now, Crozon said the goal is to establish chemistry with Grant-Allen and Brown like she and Bosch enjoyed with the Plouffes. "There was a level of comfort because we understood each other's tendencies and there was a lot of trust that was built. So there's not as much comfort going into this tournament. However, I think we're all really excited because we get to explore kind of ways that we can expand our game," Crozon said. "I'm looking forward to the challenge and maybe stepping into a little bit of a different role and the growth that can come out of it." Grant-Allen, the 29-year-old from Hamilton, Ont., played four years at Dayton College before graduating in 2017 and going on to play professionally in Russia, Spain and Turkey until 2022. Brown, the 33-year-old from Vernon, B.C., played for Canada's five-on-five team at the 2019 Pan Am Games and spent 10 years plying her trade internationally before committing to 3x3. On the court, Crozon said to expect the new group to feature more size down low with the six-foot-five Grant-Allen and increased spacing in the form of the sharp-shooting Brown. "They are long and dynamic and versatile, and they bring so much energy and they have a little bit of a different style of play than what we have seen in the past," Crozon said. Canadian men on tap The men's team includes Alex "Superman" Johnson, who committed to 3x3 full-time in 2021, alongside Grant Audu, Jerome Desrosiers and Toronto Metropolitan University's Aaron Rhooms. Johnson and Desrosiers were part of the group that placed third at the Olympic qualifying tournament last season, narrowly missing a spot in Paris. Canada's men also missed out on qualifying for Tokyo 2020. "It's always back to the drawing board when you don't reach your goals," Johnson said. "Seeing the women go and us stuck at home is kind of bittersweet. You're happy for your friends and you're happy for the program as a whole, but you kind of want to be there. So it just added motivation to try and seize every opportunity." That begins with the World Cup, where Canada's men are making just their second-ever appearance after qualifying at a tournament in Azerbaijan in May. Johnson, the 37-year-old Toronto native, said his group is looking at the women's side as a model for success. "They've kind of just showed the blueprint. The chemistry that that group has kind of put together, it's really special to see and it's something that we are trying to emulate," he said. Audu, the 27-year-old from Mississauga, Ont., played four years at UBC before launching a pro career that included a stop in the Canadian Elite Basketball League. Desrosiers, the 27-year-old from Saint-Hyacinthe, Que., recently began playing 3x3 professionally and holds the highest individual ranking on the team. Toronto's Rhooms, 23, was named the OUA's player of the year last season and currently competes for the CEBL's Edmonton Stingers.
Yahoo
a day ago
- Business
- Yahoo
Rio Tinto agrees to $138.75m settlement for Oyu Tolgoi project in Mongolia
Rio Tinto has agreed to pay $138.75m (£103.39m) to settle a lawsuit alleging the company defrauded investors by hiding problems with its Oyu Tolgoi mine expansion in Mongolia, according to a Reuters report. The preliminary settlement, subject to judicial approval, was filed with the US District Court in Manhattan. The class action lawsuit represented shareholders of Turquoise Hill Resources from July 2018 to July 2019, when Rio Tinto held a majority stake. Funds advised by Pentwater Capital Management led the shareholders, claiming Rio Tinto and Turquoise Hill falsely assured the mine was "on plan" and "on budget", despite significant delays and budget overruns. Turquoise Hill, which owns 66% of the Oyu Tolgoi mine, with the remaining 34% owned by the Mongolian Government, has now been fully integrated into Rio Tinto's copper portfolio following a $3.3bn (C$4.53bn) acquisition in 2022. Rio Tinto announced a potential $1.9bn cost overrun in 2019, with total capital expenditures estimated at between $6.5bn and $7.2bn. The lawsuit was partly based on allegations by whistleblower Richard Bowley, a former employee at the mine, who claimed the company was aware of the expansion issues before they were publicly disclosed. Former Rio Tinto CEO Jean-Sebastien Jacques, who resigned in March 2021, is also included in the settlement. All defendants have denied any wrongdoing, stating the settlement was reached to avoid the uncertainties and costs of continued litigation. Rio Tinto spokesperson said: "The proposed settlement has been concluded without any admission by Rio Tinto or the individual defendants.' Shareholder lawyers are seeking legal fees of up to 13% of the settlement amount, approximately $18m, plus up to $2.6m for expenses. In related news, Rio Tinto has inaugurated the Western Range iron ore mine in partnership with China Baowu Group. The Western Australia mine, a $2bn (A$3.09bn) joint venture, is expected to sustain the Paraburdoo mining hub for around 20 years with a production capacity of up to 25 million tonnes per annum. "Rio Tinto agrees to $138.75m settlement for Oyu Tolgoi project in Mongolia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
a day ago
- Business
- Yahoo
Rio Tinto agrees to $138.75m settlement for Oyu Tolgoi project in Mongolia
Rio Tinto has agreed to pay $138.75m (£103.39m) to settle a lawsuit alleging the company defrauded investors by hiding problems with its Oyu Tolgoi mine expansion in Mongolia, according to a Reuters report. The preliminary settlement, subject to judicial approval, was filed with the US District Court in Manhattan. The class action lawsuit represented shareholders of Turquoise Hill Resources from July 2018 to July 2019, when Rio Tinto held a majority stake. Funds advised by Pentwater Capital Management led the shareholders, claiming Rio Tinto and Turquoise Hill falsely assured the mine was "on plan" and "on budget", despite significant delays and budget overruns. Turquoise Hill, which owns 66% of the Oyu Tolgoi mine, with the remaining 34% owned by the Mongolian Government, has now been fully integrated into Rio Tinto's copper portfolio following a $3.3bn (C$4.53bn) acquisition in 2022. Rio Tinto announced a potential $1.9bn cost overrun in 2019, with total capital expenditures estimated at between $6.5bn and $7.2bn. The lawsuit was partly based on allegations by whistleblower Richard Bowley, a former employee at the mine, who claimed the company was aware of the expansion issues before they were publicly disclosed. Former Rio Tinto CEO Jean-Sebastien Jacques, who resigned in March 2021, is also included in the settlement. All defendants have denied any wrongdoing, stating the settlement was reached to avoid the uncertainties and costs of continued litigation. Rio Tinto spokesperson said: "The proposed settlement has been concluded without any admission by Rio Tinto or the individual defendants.' Shareholder lawyers are seeking legal fees of up to 13% of the settlement amount, approximately $18m, plus up to $2.6m for expenses. In related news, Rio Tinto has inaugurated the Western Range iron ore mine in partnership with China Baowu Group. The Western Australia mine, a $2bn (A$3.09bn) joint venture, is expected to sustain the Paraburdoo mining hub for around 20 years with a production capacity of up to 25 million tonnes per annum. "Rio Tinto agrees to $138.75m settlement for Oyu Tolgoi project in Mongolia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
