Mongolia picks resource nationalist Ganhuyag as mining minister | Agricultural Commodities | Reuters: "ULAN BATOR Aug 18 (Reuters) - Mongolia has confirmed resource nationalist Davaajav Ganhuyag as the minister of mining, a move that has sparked speculation over whether the new government intends to review existing mining investment deals for its massive mineral resources.
Ganhuyag, 49-year old chemical engineer and ruling Democratic Party member, previously demanded that some contracts with foreign mining companies in Mongolia be renegotiated to give the state a larger stake in the biggest mines.
He was confirmed by parliament in a late session on Friday."
'via Blog this'
