Mongolia Mining Report Q2 2014 Mongolia mining market on the cusp of a miniming boom in 2013
(live-PR.com) - Mongolia is on the cusp of a mining boom. The commencement of production at the Oyu Tolgoi (OT) copper and gold mine in 2013 is set to transform the entire landscape of the country´s mining industry.
Situated in the South Gobi Desert, OT is Mongolia´s main mining site and hosts rich deposits of copper, molybdenum, silver and gold. The OT project is the biggest economic undertaking in Mongolia´s history and will account for one-third of the economy once it becomes fully operational in 2019.
We believe Mongolia will experience one of the fastest economic growth rates in the world over the next decade, a development that will have huge social and economic consequences, and therefore pose key challenges for policymakers. The deluge of foreign investment, attracted by the country´s vast mineral wealth, will transform the country from a largely rural (and often nomadic) society, with a large section of the population employed in agriculture, to an increasingly urban and industrialised one. Moreover, the growth of the mining sector will dwarf other areas of the economy, leading to an increasing concentration of labour and wealth in this industry.
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Author:
Mike King
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Phone: 44 0203 086 8600
Situated in the South Gobi Desert, OT is Mongolia´s main mining site and hosts rich deposits of copper, molybdenum, silver and gold. The OT project is the biggest economic undertaking in Mongolia´s history and will account for one-third of the economy once it becomes fully operational in 2019.
We believe Mongolia will experience one of the fastest economic growth rates in the world over the next decade, a development that will have huge social and economic consequences, and therefore pose key challenges for policymakers. The deluge of foreign investment, attracted by the country´s vast mineral wealth, will transform the country from a largely rural (and often nomadic) society, with a large section of the population employed in agriculture, to an increasingly urban and industrialised one. Moreover, the growth of the mining sector will dwarf other areas of the economy, leading to an increasing concentration of labour and wealth in this industry.
Click for report details: www.companiesandmarkets.com/Market/Agriculture-F ..
Browse all Agriculture, Farming & Raw Materials Market Research Reports www.companiesandmarkets.com/Market/Agriculture-F ..
Browse all Agriculture, Farming & Raw Materials Company Profile Reports www.companiesandmarkets.com/Market/Agriculture-F ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Re ..
About Us
Companiesandmarkets.com aims to provide clients with the widest array of reports and market research across all of our 27 industry sectors. Companiesandmarkets.comรข€™s team of analysts are available to offer clients specific advice on finding relevant information and also purchasing the correct market research reports for their specific business needs. Over 100,000 companies are listed in Companiesandmarkets.com´s online reports database, providing clients with an extensive coverage not only of company profiles but also of high value and insightful market reports.
Author:
Mike King
Phone: 44 0203 086 8600
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