BBC News - Dividing up Mongolia's mining riches from Oyu Tolgoi: "Mongolia has for centuries been characterised as a nation of nomads and cattle herders, but this is all changing thanks to a huge new copper and gold mine.
The mine is Oyu Tolgoi, which is Mongolian for Turquoise Hill, and it is already beginning to transform the economy of this sparsely-populated central Asian nation, sending it towards the top of international growth tables.
But this year, there has been disagreement over the details of the contract between Rio Tinto and the Mongolian government. Ulaan Baatar wants Rio Tinto to explain why it has over-spent on the project by more than $2bn (£1.3bn)."
'via Blog this'
