Category Archives: Oyu Tolgoi

A Panel Analysis of Current Options for a Renewed Oyu Tolgoi Agreement

Posted on December 20, 2021 by Julian Dierkes

By Julian Dierkes Since the Dec 13 announcement of a RioTinto offer to write off government debt, relatively little discussion has followed in the Mongolian public. As I mentioned in a previous post, the MPP response has been almost enthusiastic. … Continue reading →

Posted in Erdenes Mongol, Mining, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Public Opinion, Public Policy, Research on Mongolia, Taxes | Tagged Julian Dierkes | Leave a comment

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

Posted on December 13, 2021 by Julian Dierkes

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 Julian Dierkes | Leave a comment

A More Constructive Longterm Interaction Between Rio Tinto and Mongolia

Posted on December 1, 2021 by Julian Dierkes

By Julian Dierkes In a previous post, I gave my sense of where the re-negotiations regarding the OT Agreement are heading and how I see this as a step in a repeating cycle. I have also pointed to a quest … Continue reading →

Posted in Education, EITI, International Agreements, JD Democratization, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Politics, Public Policy | Tagged Julian Dierkes | Leave a comment

Search for (Oyu Tolgoi) Perfection

Posted on November 23, 2021 by Julian Dierkes

By Julian Dierkes I have recently shared my perspective on the negotiations of a (new) OT Agreement. Below, I want to highlight one of the aspects that I see as bringing about this cycle, an aspect that is also prevalent … Continue reading →

Posted in Democracy, Governance, JD Mining Governance, Mining Governance, Oyu Tolgoi, Party Politics, Politics, Public Policy | Tagged Julian Dierkes | Leave a comment

2021 Oyu Tolgoi Negotiations

Posted on November 13, 2021 by Julian Dierkes

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 Julian Dierkes | Leave a comment

Fragmented Power

Posted on November 4, 2021 by Julian Dierkes

By Julian Dierkes A recent article in The Economist compares political contestation around the Kumtor mine in Kyrgyzstan and Oyu Tolgoi in Mongolia. There a number of aspects to that comparison that make it very interesting: Democratization: Kyrgyzstan has – … Continue reading →

Posted in Corruption, EITI, Foreign Investment, International Agreements, JD Democratization, JD Mining Governance, Kyrgyz Republic, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Politics | Tagged Julian Dierkes | Leave a comment

Mongolian Hunger Striking — DP to MPRP?

Posted on January 27, 2021 by Marissa Smith

By Marissa J. Smith After the massive #уокогцор strikes last week that preceded the resignation of Prime Minister U. Khurelsukh and his Cabinet, the weekend also saw demonstrations with fewer participants begin on Sukhbaatar Square, focusing on the OT agreement. … Continue reading →

Posted in Democratic Party, History, Human Rights, Marissa Smith, Mining, Mongolian People's Revolutionary Party, Oyu Tolgoi, Oyu Tolgoi, Politics, Social Media, Social Movements | Tagged Marissa Smith | Leave a comment

Guest Post: A BIT of Project Finance Arbitrage in Mongolia

Posted on April 1, 2020 by Julian Dierkes

By Kinnari Bhatt As Jennifer Lander observed last week, RIO is getting out the big guns. My new book – Concessionaires, Financiers and Communities: Implementing Indigenous Peoples’ Rights to Land in Transnational Development Projects, shows how investors like RIO use … Continue reading →

Posted in Canada, Foreign Investment, International Agreements, Kinnari Bhatt, Law, Mining, Mining Governance, Mongolia and ..., Oyu Tolgoi, Oyu Tolgoi, Research on Mongolia, Taxes | Leave a comment

Guest Post: Between a Rock and a Hard Place: Investor-State Arbitration and Mongolia’s Rapidly Shrinking Policy Space

Posted on March 11, 2020 by Julian Dierkes

By Jennifer Lander On the 20th of February, Rio Tinto initiated arbitration proceedings against the Government of Mongolia at the United Nations Commission on International Trade Law (UNCITRAL) through Oyu Tolgoi LLC. The escalation of the dispute over the alleged … Continue reading →

Posted in Economics, Foreign Investment, International Agreements, Jennifer Lander, Law, Mining, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Policy, Taxes, Trade | Leave a comment

Getting it right: Preventing Conflicts in Company-Community Relations

Posted on December 18, 2018 by D.Byambajav

By BYAMBAJAV Dalaibuyan Conflict with host communities is a major business risk for mining companies in Mongolia. Though we can cite many specific issues causing local opposition to minerals exploration and mining projects, recent research suggests they all can be … Continue reading →

Posted in Mining, Mining, Mining Governance, Oyu Tolgoi, Protest | Tagged BYAMBAJAV Dalaibuyan | Leave a comment

Rio Tinto in Mongolia

Posted on July 10, 2018 by Julian Dierkes

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 | Tagged Julian Dierkes | Leave a comment

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

Posted on June 24, 2018 by Julian Dierkes

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, Government, JD Mining Governance, Mining, Mining, Mining Governance, Oyu Tolgoi | Tagged Julian Dierkes; Batdorj Bulgan | Leave a comment

Implications of Power Politics for OT and Elsewhere “Offshore”

Posted on April 22, 2018 by Marissa Smith

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 Marissa Smith | Leave a comment

It is not about OT, it is the Power Politics

Posted on April 12, 2018 by mendee

By Mendee Jargalsaikhan The Mongolian anti-corruption agency, known as the Independent Authority Against Corruption (IAAC), arrested former Prime Ministers Bayar and Saikhanbileg, Finance Minister/MP Bayartsogt, and several other former executives. The Mongolian politics is presenting similar patterns of other East Asian … Continue reading →

Posted in Corruption, Economics, Erdenet, Judiciary, Oyu Tolgoi | Tagged MENDEE Jargalsaikhan | 1 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

Posted on March 28, 2018 by mendee

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

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