Mining executives have been flocking to Mongolia, desperate to be part of one of the biggest mining booms in history.
Next month, Oyu Tolgoi, the largest mine in the country and one of the three biggest copper-gold mines in the world, will open, pumping billions of dollars a year into the economy. Vancouver-based Turquoise Hill Resources is one of its owners.
Yet, Oyu Tolgoi only tells part of the story of mining in Mongolia.
Nalaikh, the country’s first mining town, is a stark reminder of the boom-and-bust nature of mining and the devastating effects it can have on the environment and people. Once the main source of Mongolia’s coal, it is now a poverty-stricken and forgotten part of the country.
No comments:
Post a Comment