No mining boom for Mongolia

A FORMER Oyu Tolgoi executive has warned that foreign investors will flee Mongolia if Rio Tinto and Turquoise Hill Resources are forced to give the government a larger stake of the massive copper-gold project.

No mining boom for Mongolia No mining boom for Mongolia No mining boom for Mongolia No mining boom for Mongolia No mining boom for Mongolia

Former Rio Mongolia country manager and Oyu Tolgoi regional development and communications vice president David Paterson said the outlook for Mongolia was complex, reinforced by the government’s