· Mongolia's giant Oyu Tolgoi mine will boost the country's economy by a third but there is disagreement over how the profits should be shared.
· Mongolia's economic growth rebounded in the first half of 2021 on the back of robust exports and a surge in private investment, mainly in the mining sector. In addition to a temporary improvement in the ore grade of a major mine, stronger Chinese demand for commodities and higher commodity prices were among the main factors supporting the .
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· There are numerous coal mine prospects in Mongolia, many of which been only relatively recently begun to be explored and defined with modern exploration a result of China's massive demand for coal and the high prices for quality coking coal, a coal rush is currently underway with numerous companies scrambling to get mineral exploration and .
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· Mongolia's policy experiments with resourcetocash programs provide unique perspective into public ownership and revenue sharing in the mineral sector. As governments around the world rethink the role of the state in the ongoing public health crisis, they could learn from Mongolia's experience.
Highlights This study is based on qualitative research undertaken in Mongolia in 2016. The research was based on desk studies and interviews with key stakeholders including companies, central government officials, national civil society organizations, local governors, social service professionals, youth groups and social projects.
Mongolia has a rich mining history exporting metals: Cu, Au, Ag and Coal mined by the biggest mining companies such as Oyu Tolgoi, Erdenet Mining Corporation and Tavan Tolgoi. Young Mining Professionals Mongolian Chapter exists to support the community of young professionals in the country committed to the industry.
All of Tavan Tolgoi is owned by Erdenes MGL (a government owned company) except for Ukhaa Khudag section which is mined by the Mongolian Mining Corporation. Erdenes Tavan Tolgoi LLC (Erdenes TT), a subsidiary of Erdenes MGL, is managing the development of East Tsankhi, and the company is due to float on the Hong Kong, London and Ulaanbaatar stock markets .
4. Mining in Mongolia 14 Artisanal and smallscale mining 15 5. Migration trends in Mongolia 16 6. Understanding the baseline of child and youth welfare 18 7. Regulatory environment 20 Childrelated legislation 20 Miningrelated laws 21 Mongolian Constitution and mining 21 The Minerals Law 21 8. Description of ield sites 22
· FILE PHOTO: Mining trucks are seen at the Oyu Tolgoi mine in Mongolia's South Gobi region June 23, 2012. REUTERS/David Stanway/File Photo 25 Nov 2021 11:44AM (Updated: 25 Nov 2021 04:02PM)
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The recent decision by Chalco, the aluminium company of China, to drop its US926 billion takeover of a controlling interest mining company SouthGobi Resources has been a response to a wave of resource nationalism building up in Mongolia. This threatens to harm the future inflow of investment into a country which is heavily reliant on foreign direct investment (FDI) for its .
· Mongolia has more than 6,000 deposits of 80 different minerals, which explains the increase of foreign investment in mining to about billion in 2010 from 750 million in 2009. Experts feel that the government of Mongolia needs to realize the country's potential and modernize its mining laws to promote more foreign investment.
· Mongolian mining news. Advertisement. Rio Tinto concludes financing agreement with TRQ Tuesday, 13 April 2021 10:45 Rio Tinto has entered into an agreement with Turquoise Hill Resources for an updated funding plan for the completion of the Oyu Tolgoi Underground Project in Mongolia. ...
· Mining is concentrated in northwestern and southern Inner Mongolia. Meanwhile in eastern Inner Mongolia, farmers are playing a key role in driving down lake levels. The amount of irrigated cropland in Inner Mongolia has increased from 6,600 square kilometers in the late 1970s to 30,003 square kilometers in 2010, according to the study.
· Lakes on the Mongolian Plateau are shrinking rapidly, according to researchers from Peking University and the Chinese Academy of Sciences. After analyzing several decades of satellite imagery, the researchers found that the total lake surface area had declined from 4,160 square kilometers (1,060 square miles) in the late 1980s to 2,900 square kilometers in 2010, a .