Central Asia Program Series Economic Papers Publications

More than a boon: Mongolia’s Troubled Mine Sector

Central Asia Economic Paper No. 10, November 2013

By Mathieu Boulègue

Mongolian politics are increasingly polarized around a nationalist-prone coalition advocating for “resource nationalism” and business-oriented groups looking for international investments in the mineral extraction sector.

The revamped draft version of the Minerals Law is slowly taking Mongolia on the path of responsible mining, with the Oyu Tolgoi mine presently at the center of attention.

The effects of the “mining boom” need to be contrasted with the rather bleak economic outlook.

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