Register | Login

Published News » Background

As everyone knows, Mongolia is made up of a large territory with a small population. There are no ethnic minorities here except for the Kazakhs. The Kazakhs of Mongolia make up about 6 percent of the total Mongolian population of 2,700,000.


Mongolia is about to experience an unprecedented boom. By 2013, the mining of some of the world's largest unexploited mineral deposits will begin to herald a transformation of the economy.


In 2008, the GDP of this former Soviet satellite state was $5.3bn. In the next decade, that could triple.


ULAN BATOR, March 17 (Reuters) - Mongolia is moving gingerly to tap its huge mineral wealth, seeking to dispel fears of resource overdependence and dominance by powerful foreign miners, but its moves are not scaring off investors.


David Stanway presents a timeline of key investment decisions by Mongolia.


Sort News
Username:

Password:

Remember:
Mongolia Online is a news site where you find and also share stories on and about Mongolia from all over the Internet.