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Mongolia Defends Plan to Tap Mining Riches for New Sovereign Wealth Fund

Mongolia Defends Plan to Tap Mining Riches for New Sovereign Wealth Fund
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Mongolia defends plan to tap mining riches for new sovereign wealth fund

Mongolia’s prime minister defended changes to the country’s mining laws after foreign investors raised concerns they could deter investment in its large reserves of critical minerals, including those used in electric vehicle batteries and other new energy technologies.

Legislative amendments to restrict private investment in strategic deposits and give the government free shares in mining projects will ensure the Mongolian people benefit from the country’s substantial resources, Prime Minister Oyun-Erdene Luvsannamsrai said in an email to Bloomberg News last week. ....

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Narantsogt Sanjaa on Anti-Corruption and Mongolia's Sovereign Wealth Fund – The Diplomat

Narantsogt Sanjaa on Anti-Corruption and Mongolia's Sovereign Wealth Fund – The Diplomat
thediplomat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.com Daily Mail and Mail on Sunday newspapers.

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Wales should set up wealth fund with offshore wind farm profits – Plaid Cymru

Wales should set up its own national wealth fund bankrolled by taking over the profits of offshore wind farms owned by the King, Plaid Cymru has […] ....

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Kuvimba piles lithium ore as prices dip - The Zimbabwe Independent

KMH is among a motley of companies, whose shareholding was transferred to Mutapa Investment Fund (MIF) that was established last year. ....

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