"As companies such as Rio Tinto Group, Mongolia's biggest investor; Peabody Energy Corp.; and Mitsui & Co. plan to keep the momentum going by exporting more of the country's $1.3 trillion trove of resources, about a fifth of the population of 3 million are getting by on $1.25 a day.
The explosive growth of Mongolia in just 10 years makes for a sharp disconnect between French handbag boutiques and hand- digging coal out of frozen rock. That's raising warnings of public unrest and driving controversial renegotiation of mining deals by the government to keep a larger share of profit at home."
'via Blog this'
