Mongolia: The Promise of ‘Minegolia’

With nations scouring the globe in pursuit of dwindling mineral supplies, the world’s attention has shifted to Mongolia, a country some are heralding as the next resource success story. Among the last places on earth with rich, untapped mineral deposits, this landlocked, underdeveloped country is expected to become one of the world’s fastest-growing economies over the next decade — if, that is, it can address a set of daunting challenges and bring these resources to the market. According to some estimates, there is about $1.3 trillion worth of untapped coal, gold, silver, copper, uranium and zinc deposits in what is […]