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Home > Archives for Mining boom in Mongolia

Mining boom in Mongolia

Mining threatens herders in Mongolia: report

January 30, 2012

BEIJING — Mining in southern Mongolia is threatening the livelihoods of herders and straining water supplies, a report said Monday, as foreign companies race to exploit the country’s rich mineral deposits.


Spirited away – Mongolia’s mining boom and the people that development left behind

January 30, 2012

The report, based on a fact finding mission to the Tavan Tolgoi and Oyu Tolgoi mines in Mongolia, examines the social and environmental impacts of mining in Mongolia. It offers a more in-depth look at the impacts on herders who have been displaced by the mining operations, the local effects of the construction of infrastructure and the mining operations themselves.


Bankwatch report and video: Mongolia’s mining bonanza poses threat to locals and planet

January 30, 2012

A new report launched today by CEE Bankwatch Network, urgewald and OT Watch (1), following on-the-ground research in Mongolia, details the impact of the country’s mining boom on local populations, shedding light on the ignored side of one of the biggest business stories of today: Mongolia’s planned public offering of the state-owned Erdenes Tavan Tolgoi and the rights to one of the world’s largest untapped coal reserves. (2)


Video: Spirited away – Mongolia’s mining boom and the people that development left behind

January 27, 2012

Earlier this week we published an overview of two Central Asian mining projects financed by the European Bank for Reconstruction and Development – the Kumtor gold mine in Kyrgyzstan and the Ukhaa Khudag coal mine in Mongolia’s south Gobi desert, which is part of the much larger – in fact the world’s largest – coal deposit at Tavan Tolgoi.


ARCHIVED: Mining boom in Mongolia

January 26, 2012

With huge amounts of unexploited natural resources (gold, copper, coal and more) the Mongolian economy is estimated to grow massively in the years to come. But will it also benefit the people in Mongolia? Our work shows how mining operations lead to pollution and displacement for local herders and exacerbate water scarcity issues.


Rushing into gold can leave people behind, EBRD

January 25, 2012

A look at mining projects in Kyrgyzstan and Mongolia reveal a need to carefully revise the European Bank for Reconstruction and Development’s involvement in the exploitation of natural resources.


The EBRD and coal. Dirty business unnoticed.

October 3, 2011

Despite numerous international calls for the discontinuation of public support for fossil fuels in the face of climate change, the EBRD continues to finance the dirtiest among them, coal. What is more, the bank plans to expand its activities in this field. CEE Bankwatch Network urges the EBRD to phase out any support for coal industry making it more competitive and disadvantaging sustainable energy.


Public finance for mining must bring more than a mirage of development benefits in Mongolian desert

June 13, 2011

Ulan Baatar, Mongolia – Civil society groups are demanding that investments from international financial institutions to extract resources in Mongolia’s Gobi Desert guarantee that livelihoods are protected for those living near the mines and profit windfalls are used as an impetus to social and economic development for the region.


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