The mining sector, with dozens of projects in coal, gold, copper and iron ore, has helped the country to record one of the highest rates of economic growth, at 12.3 percent last year and 17.5 percent in 2011.
But land around the country is being dug up by both licensed and unlicensed miners, causing pollution and poisoning some lakes and rivers.
"There are some countries that developed their resources in good ways, and Mongolia wants to be one of those countries by learning from others, building relations and introducing new policies," Elbegdorj said.
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