January 9, 2013

Mongolia Minerals Law Threatens Coal Project, Group Says - Bloomberg

Mongolia Minerals Law Threatens Coal Project, Group Says - Bloomberg: "The legislation, which will give the state the right to a free stake in many mineral projects, will take the country away from the free-market principles practiced there since the early 1990s, Mongolia’s largest business group said in a four-page letter sent to President Tsakhia Elbegdorj’s office on Jan. 7. The letter, made public by e-mail yesterday, came after the draft laws were published last month."

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