Mining Journal and MiningNews.Net: Mongolia Country Supplement

MINING IN MONGOLIA: An Industry Suddenly Transformed

Mining Journal and MiningNews.Net: Mongolia Country Supplement

Investor sentiment towards Mongolia has been improving since the election of a new government two years ago. The mood suddenly blossomed at the start of this year when a reconciliation was announced between the government and Rio Tinto over an expansion at the huge Oyu Tolgoi copper-gold mine.

Mongolia could hardly be in a better location for geological prospectivity, with its three neighbouring countries (China, Russia and Kazakhstan) being amongst the world's largest metals producers (including contributing almost one-quarter of gold production). Mongolia is also perfectly positioned for access to the burgeoning Asian markets.

The supplement focuses on recent political and economic developments that have led to this transformation.

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