On The Cusp Of Mining Boom BMI View: The glowing business environment has lost some of its lustre over the past few months as the Mongolian government seeks to renegotiate mining contracts and extract a greater share from the mining sector. However, we continue to believe that Mongolia is on the cusp of a mining boom and that the mining sector is set to experience rapid growth once the Oyu Tolgoi (OT) project comes online in H213. Although rising tensions between the government and foreign mining firms will restrict investment activity in the near term, we believe the state will …
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