Mining is not as labour-intensive as most other economic activities. Although the mining sector is expected to propel Mongolia’s economy forward in leaps, it is not forecast to be a major driver of employment. In the mining services niche, however, it is anticipated that many of the country’s small-scale entrepreneurs and small and medium-sized...
The mineral wealth of Mongolia, a vast and isolated land, has brought the world to its doorstep. The country’s economy is one of the fastest growing in the world, and production from and investment in its two largest mines should see GDP growth continue to climb.
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