Category Archives: Mining

Nalaikh Mining Education Centre

By Mendee Jargalsaikhan and Julian Dierkes The 25th of December 1922 was a very important date in Mongolian history. It was the day that the first government-operated coal mine at Nalaikh was re-opened. This was the birth of industrial mining, … Continue reading

Posted in Education, Kazakhs, Mining, Museums, Nalaikh, Primary and Secondary Education | Tagged | Leave a comment

The Tavan Tolgoi Study: Disenfranchised Drivers

By Mendee Jargalsaikhan and Byambajav Dalaibuyan  Who Are They?  There are about 7000 ~ 9000 drivers – carrying out massive coal transportation from three mines, Ukhaa Khudag (known as Energy Resources LLC), State-Owned Erdenes Tavan Tolgoi, and locally-owned Tavan Tolgoi … Continue reading

Posted in Corruption, Environment, Mining, Mining Governance, Tavan Tolgoi | Tagged , | Leave a comment

Local Level Agreements in Mongolia: A Need for Government Leadership and Policy Clarity

By Byambajav D Before any mineral exploration and mining can take place in Mongolia, the country’s 2006 Minerals Law requires that the host local government and license holders sign a “local level agreement” (LLA). LLAs typically include commitments and obligations … Continue reading

Posted in Governance, Mining, Mining Governance, Public Policy | Tagged | Leave a comment

Rio Tinto in Mongolia

By Julian Dierkes Recently, Bulgan B and I pointed out that there have been as many CEOs at Oyu Tolgoi over the past ten years as there have been PMs of Mongolia. I also appeared on a live BBC radio … Continue reading

Posted in Foreign Investment, International Agreements, Mining, Mining, Mining Governance, Nationalism, Oyu Tolgoi, Policy | Leave a comment

Job Rotation in the Mongolian Cabinet, at Turquoise Hill and at Oyu Tolgoi

By Julian Dierkes and Bulgan B Any observer would agree that the development of Oyu Tolgoi has been a winding and meandering path. In the foreign press and from an international investor perspective, mentions of the frequent turnover of Mongolian … Continue reading

Posted in Business, Mining, Mining, Mining Governance, Oyu Tolgoi | Tagged | Leave a comment

Implications of Power Politics for OT and Elsewhere “Offshore”

By Marissa Smith About a week ago, Mendee and I agreed to write a pair of blog posts on the question of how OT and the current wave of corruption investigations and arrests, most recently involving former Prime Ministers Ch. … Continue reading

Posted in Corruption, Development, Foreign Investment, Infrastructure, International Agreements, International Relations, Mining, Mining, Mining Governance, North Korea, Oyu Tolgoi | Tagged | Leave a comment

Guest Post: A quick reaction to the on-going Facebook conversations on Oyu Tolgoi agreement and the role of Mr Bayartsogt in signing it

By Undariya Tumursukh The news that the Swiss are investigating the possible corruption case involving the former Finance Minister S. Bayartsogt (DP) and Rio Tinto has triggered some agitated discussion, including on Facebook, about Mr. Bayartsogt’s central role in concluding … Continue reading

Posted in Corruption, Foreign Investment, International Agreements, Mining, Oyu Tolgoi, Undariya Tumursukh | 1 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 | Tagged | 1 Comment

SOMO Report “Mining Taxes”

By Julian Dierkes The Dutch Centre for Research on Multinational Corporations (SOMO) published a report focused on a whole list of issues related to financial and governance structures for the Oyu Tolgoi project. The report was written by SOMO’s Vincent Kiezebrink and … Continue reading

Posted in Canada, Corruption, EU, Foreign Investment, International Agreements, International Relations, Mining, Mining, Mining Governance, Oyu Tolgoi, Policy, Public Policy, Taxes | Tagged | Leave a comment

SOMO Report Preamble: Assumptions

By Julian Dierkes It struck me while reading the SOMO report on Oyu Tolgoi governance and tax structures that there are a number of big assumptions and elements in the Mongolian context that are not discussed explicitly, but that are … Continue reading

Posted in Foreign Investment, International Agreements, Mining, Mining Governance, Oyu Tolgoi, Policy, Public Policy, Taxes | Tagged | Leave a comment

How Are We To Think About Rio’s Balancing of Political Risk and Taxation in Light of SOMO Report?

By Julian Dierkes Rio Tinto’s response to the SOMO report claims that the convoluted corporate structure that has been created for Oyu Tolgoi is not aimed at saving taxes, but rather at reducing investment risk. For as long as Rio … Continue reading

Posted in International Agreements, Mining, Mining Governance, Oyu Tolgoi, Public Policy, Taxes | Tagged | Leave a comment

Unequal Match: Mongolia versus Rio Tinto

By Mendee Jargalsaikhan If one describes the bargaining game between Mongolia, a small and isolated resource-rich state, and Rio Tinto, a giant multinational corporation, through the Mongolian national pastime sport – wrestling, it is truly an unequal match between the … Continue reading

Posted in Economics, Foreign Investment, International Agreements, Mendee Jargalsaikhan, Mining, Mongolia and ..., Oyu Tolgoi | Tagged | Leave a comment

Mongolia at Davos 2018: Party like it’s 2009?

By Marissa Smith In recent years, Mongolia has regularly sent a delegation to the World Economic Forum at Davos. This year was somewhat less eventful than some years, when President Elbegdorj himself attended and presided over a “Mongolia Night” and … Continue reading

Posted in China, Development, Economics, Environment, Environment, Erdenet, Foreign Policy, Infrastructure, International Cooperation Fund, International Relations, Mining, Mining, Mining Governance, Mongolia and ..., Oyu Tolgoi, Policy, Politics, South Korea | Tagged | Leave a comment

Guest Post: Agreement between Canada and Mongolia for the Promotion and Protection of Investments – a Glance at Its Nature, Significance and Features

By Bajar Scharaw On 8 September 2016, Canada and Mongolia signed an international Agreement for the Promotion and Protection of Investments (the Canada-Mongolia Investment Agreement). The Agreement entered into force on 24 February 2017 and created legally-binding obligations for both … Continue reading

Posted in Bajar Scharaw, Canada, Foreign Investment, Foreign Policy, International Agreements, Law, Trade | 2 Comments

President Kh. Battulga addressed the Parliament

By Bulgan B Mongolian President Kh Battulga addressed the Parliament during the opening of the fall session on October 2, 2017. While skipping the pleasantries, President listed the major challenges that Mongolia is confronted by and his opinions on those … Continue reading

Posted in Mining, Mining, Mining Governance, Nationalism, Politics, Populism | Tagged | Leave a comment