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Flagship mine already generating strong cashflow Has started Phase 2 expansion plans What Steppe Gold does: Mining is nothing new in Mongolia but it was not until the 1990s, and the transition of the country to a free-market democracy, that the industry was opened up to foreign investment. The famous Oyu Tolgoi property in the country, operated by London-listed major Rio Tinto (LON:RIO), is one of the largest copper and gold mines in the world, in which the Mongolian government also owns a 34% stake. The Mongolian economy is growing rapidly and the government knows that mining is a key to sustaining growth. The country s mineral riches are valued at between US$1 trillion and US$3 trillion across coal, copper and gold.

City ofUnited kingdomAltan tsaagan ovooBataa tumur ochirOyu tolgoiSteppe gold ltdRio tintoMongolian stock exchangeBuilding mongoliaSteppe goldUudam khundiiSustaining costsMongolian stockநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்புல்வெளி தங்கம் லிமிடெட்