October 5, 2012

Australia to Help Mongolia Expand Latter’s Mining Boom - NASDAQ.com

Australia to Help Mongolia Expand Latter’s Mining Boom - NASDAQ.com: "Casting off concerns it will be helping a direct competitor, Australia has vowed it will assist Mongolia to achieve and expand its very own mining boom.

Australian Foreign Minister Bob Carr, who is currently in Mongolia, met with Mongolian President Tsakhia Elbegdorj on Wednesday and discussed, among others, the need for a bilateral cooperation between the two countries' mining sector, especially since there are 54 Australian companies already operating in Mongolia."

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