Mineral-rich Mongolia plans to double the amount of land available for exploration in an effort to tap into the mining industry’s appetite for new resources and help shore up its finances following an IMF-led bailout. Mongolia will increase the land to 20.9% of the country from 9.6% currently, and could announce the change later this month, the minister of mining and heavy industry, Dashdorj Tsedev, said in an interview on Monday.
