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Symbolism versus Reason - the battle for Oyu Tolgoi

Posted on July 07, 2008

This story is a reminder of what Reuters used to be - quality writing, detailed facts, broad and deep. Lindsay Beck provides context for the unrest in Mongolia which is driven in large part by resource nationalism. Ivanhoe and Rio Tinto are going to be the guinea pigs for the new mining regime when the Oyu Tolgoi project is greenlighted, and there is tussle over whether it should be via shared ownership or taxation. Some money quotes: I don't think ownership stakes are a good idea, said Julian Dierkes, a specialist in resources and public policy at the University of British Columbia. ... I ...

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