Sunday, September 30, 2007

Two articles on Mongolia mining

New Statesman:

"Not all of these licenses have been exploited yet, but those that have are causing immense problems already – literally carving chunks out of Mongolia’s beautiful landscapes and leaving a legacy of pollution that will be there for years to come. More than 2,000 of the country’s small and medium sized rivers have disappeared, due to mining operations digging up their sources, and there is widespread soil and water pollution from the mercury and cyanide used in the mining and extraction process."

Asia Times:

"The magnitude of potential investment and forecast revenues from deposit sales have led some to christen Mongolia the 'El Dorado' of the new millennium. While this may be a slight exaggeration, the government's National Development Strategy 2021 anticipates per capita income in Mongolia increasing from US$1,100 today to $7,000 in five years and $15,000 by 2021."

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