Category Archives: Sovereign Wealth Fund

Rio Tinto/Turquoise Hill Offer on Debt Forgiveness for Oyu Tolgoi Stake

By Julian Dierkes On the morning of December 13, PM Oyun-Erdene “unveiled” an offer he received from Rio Tinto/Turquoise Hill that appears to be intended to form the basis for a new agreement to jumpstart underground development at Oyu Tolgoi. … Continue reading

Posted in Economics, Erdenes Mongol, Foreign Investment, JD Mining Governance, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Policy, Public Policy, Sovereign Wealth Fund, Taxes | Tagged | Leave a comment

2021 Oyu Tolgoi Negotiations

By Julian Dierkes How can I resist the following challenge? So what do you think is the key to resolving the OT situation? MPP controls government, so clearly decisions can be taken. What about Rio’s behaviour? Is GOM being unfair? … Continue reading

Posted in Erdenes Mongol, International Agreements, JD Mining Governance, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Sovereign Wealth Fund, Taxes | Tagged | Leave a comment

Guest Post: Comparing Party Election Platforms on Mining Policy

By Ariuntuya Nominkhuu and Batbold Otgonbayar Right now we are living interesting pre-election days in Mongolia. Due to pandemic-related restrictions, the election with the largest number of candidates in the history of parliamentary elections of Mongolia or 606 people is … Continue reading

Posted in Ariuntuya Nominkhuu, Batbold Otgonbayar, Democratic Party, Erdenet, Ikh Khural 2020, Mining, Mining, Mining Governance, Mongolian People's Party, National Labor Party, Oyu Tolgoi, Party Politics, Policy, Public Policy, Sovereign Wealth Fund | Leave a comment

Technology Assessment Needed: Solar Power

By Julian Dierkes To: PM Khurelsukh CC: Minister of Energy Davaasuren; Min of Science Tsogzolmaa; Min of Environment Tserenbat, Officer of Intl Cooperation, Min of Environment, G Tsogtbaatar; Min of Light Industry Batzorig; Dir, External Affairs, Green Climate Fund Oyun Climate … Continue reading

Posted in China, Climate Change, Countryside, Development, Diversification, Environmental Movements, Geography, Gobi, Infrastructure, Renewables, Russia, Sovereign Wealth Fund | Tagged | Leave a comment

Mongolian Mining Forum at PDAC 2018

By Bulgan B Mongolia has made a tradition of sending a delegation to PDAC every year in the last 8 years (at least this is as far as I recall).  Although, the odds of the same minister of mining attending … Continue reading

Posted in Canada, Erdenes Mongol, Mining, Mining, Sovereign Wealth Fund | Tagged | 1 Comment

Guest Post: Resource Governance Index Points to SOEs as Key Reform Target  

By N Dorjdari NRGI’s Resource Governance Index measures good governance in the extractives sectors of 81 countries. This year, Mongolia’s mining sector ranked 15th out of 89 assessed extractive sectors, with an overall score of 64 out of 100 points—a … Continue reading

Posted in Dorjdari Namkhaijantsan, Global Indices, Mining, Mining, Mining Governance, Sovereign Wealth Fund | Leave a comment

Norwegian Wealth

By Julian Dierkes One of my all-time favourite authors is 村上春樹. He rose to fame initially with his book, Norwegian Wood (ノルウェイの森). That was a reference to a Beatles song, of course. And thus the title of this post, combining literature, … Continue reading

Posted in Corruption, Democracy, Development, EITI, Governance, Mining, Mining Governance, Policy, Politics, Public Policy, Public Service, Sovereign Wealth Fund | Tagged | 1 Comment

If not an SWF then what?

At the recent World Economic Forum’s “Strategic Dialogue on the Future of Mongolia” I heard a lot of talk about the need for the Mongolian government to shed its direct involvement in the economy, but also the recommendation to rely … Continue reading

Posted in Business, Development, Diversification, Economics, Foreign Investment, JD Mining Governance, Sovereign Wealth Fund | Tagged | 5 Comments

Review of “Mongolia’s State Policy on the Minerals Sector (2013-2024)”

“State Policy on the Minerals Sector (2013-2024),” a document defining the policy framework for the Mongolian minerals sector in the next decade is expected to be discussed at the upcoming autumn session of the State Great Khural. President Elbegdorj decided … Continue reading

Posted in Democracy, Development, Governance, Mining, Mining, Policy, Sovereign Wealth Fund | Tagged | Leave a comment