Friday, 29 March 2013

Mongolia's Mining Boom - BBC Radio 4

Duration: 28 minutes. Source: BBC Radio 4 - Crossing Continents. 
Listen Here: "Mongolian Nomadic Herders Suddenly Become Very Rich"




The "Oyu Tolgoi" mine in Mongolia's freezing "Gobi Desert" is one of the the world's biggest - extracting a vast seam of copper, gold and silver the size of "Manhattan". It's turned this country of camel and yak herders into the world's fastest growing economy. Fancy boutiques, top-end car dealerships and coffee shops are springing up across the capital. But, as Justin Rowlatt discovers, riding the boom is not easy. He meets a rapper who says the government is simply selling the country's assets to its old rival, China. And there are fears from foreign investors about attempts by the government to increase its income from the "Oyu Tolgoi" mine. Can Mongolia become prosperous while sharing its new-found wealth - or will it kill the goose before it has laid any gold (or copper) eggs?


Please give your opinion about Mongolia's mining BOOOOOOOOOOM !



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