Development workers do not necessarily have to come from the West. A mining expert from Zimbabwe is helping to improve the lives of small-scale miners in Mongolia reported www.dw.de.
Centerra Gold Inc jumped 16.7 percent to C$11.95 after the miner said it had received permits to restart operations at a project in Mongolia, reported the Reuters.
Toronto-listed Centerra Gold on Wednesday said it had received regulatory approval for its mine plan to restart using the heap leach facility at its Boroo mine, in Mongolia.
Mongolia"s government said it plans to review all foreign mining investments, but pledged not to single out a deal with Rio Tinto to develop the huge Oyu Tolgoi copper-gold mine, in a move that could calm investor concerns over growing resource nationalism.
Manas Petroleum ("Manas") (TSX-V: MNP; OTCBB: MNAP) announces that its subsidiary, Gobi Energy Partners LLC., plans to spud its second well in Mongolia on September 20, 2012.