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Mongolia Tax May Chase Off Investment

The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.

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PLP Update


I want to stress that this is just the first step to fixing many of the regulatory issues we identified in discussions with the current administration. There will be plenty more to come.

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