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Mongolian miner gets cold shoulder

The waning reputation of Mongolia has been hit by a freezing order, filed in London, against one of the country’s biggest mining companies.

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Erdenet produces copper and molybdenum concentrate from its Mongolia mine (photo: Brücke-Osteuropa)

Late last week, a judge in London granted an order freezing the UK assets of Erdenet Mining Corp up to the value of US$7.

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