Mongolia Presidential hopeful urges more state control in mining

June 8, 2017

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A leading candidate for Mongolia’s Presidency has called for greater state control of projects like the giant Oyu Tolgoi copper/gold mine run by Rio Tinto, making mining and foreign investment central issues in the election campaign.

The landlocked North Asian country of three-million people goes to the polls on June 26, just a month after securing a $5.5-billion International Monetary Fund-led bailout to lift the economy out of a balance of payments crisis.

Category: General