Mongolia wants to regain investors confidence by returning mining licenses
Mongolia is preparing to overturn last year’s cancellation of more than 100 mining licenses following a corruption investigation, in a further attempt to revive investor confidence in the mineral rich nation.
The central Asian nation has also vowed to end its long-dragged dispute with mining giant Rio Tinto (LON:RIO) over a delayed investment to expand Oyu Tolgoi, the country’s largest copper mine, operated by Vancouver-based Turquoise Hill
Read more at: http://www.mining.com/mongolia-wants-to-regain-investors-confidence-by-returning-mining-licenses-52233/
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