Mongolia working hard to avoid the mistakes of 2009 with new mining law | MINING.com: "Jargalsaikhany Mendee writing in the Asia Times Online argues Mongolian lawmakers in the process of finalizing a new bill to regulate the mining industry are hoping to avoid the mistakes of the past.
The Mongolian parliament has revised the rules governing mining companies and foreign investment in the sector several times since introducing its so-called Gold Program in 1990, but previous laws have not always produced the desired outcomes.
The country is still plagued by environmentally damaging artisanal mining, corruption in the awarding of exploration and mining licences and a lack of local community participation in mining projects, but the new bill – which "avoids the dangers of politicization" – has a better chance of addressing these problems argues Mendee."
'via Blog this'
