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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  Cannot modify header information - headers already sent by (output started at /var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php:70) in <b>/var/www/vhosts/moninfo.org/httpdocs/mambots/system/jfdatabase.systembot.php</b> on line <b>195</b><br />
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<?xml version="1.0" encoding="utf-8"?><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<div align="left" class="dsmodule"><div align="left" class="dsmessage"></div><div align="left" class="dsfeed"><a href="http://www.moninfo.org/index2.php?option=ds-syndicate&amp;version=1&amp;feed_id=2" class="dsfeed">Global</a></div></div>			</td>
		</tr>
		</table>
						</div>
			</td>
			<td>
				<div id="content">
										<div>
						<table cellpadding="0" cellspacing="0" border="0">
							<tr style="background-color: #F8F8F8;">
								<td></td>
								<td></td>
							</tr>
							<tr style="background-color: #EEEEEE;">
								<td colspan="2"></td>
							</tr>
						</table>
					</div>
					<br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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<b>Warning</b>:  in_array(): Wrong datatype for second argument in <b>/var/www/vhosts/moninfo.org/httpdocs/administrator/components/com_joomfish/mldatabase.class.php</b> on line <b>110</b><br />
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			<table class="contentpaneopen">
			<tr>
								<td class="contentheading" width="100%">
					Government Affirms Pursuit for Mineral Stakes									</td>
								<td align="right" width="100%" class="buttonheading">
					<a href="http://www.moninfo.org/index2.php?option=com_content&amp;task=view&amp;id=237&amp;pop=1&amp;page=0&amp;Itemid=35" target="_blank" onclick="window.open('http://www.moninfo.org/index2.php?option=com_content&amp;task=view&amp;id=237&amp;pop=1&amp;page=0&amp;Itemid=35','win2','status=no,toolbar=no,scrollbars=yes,titlebar=no,menubar=no,resizable=yes,width=640,height=480,directories=no,location=no'); return false;" title="Print">
						<img src="http://www.moninfo.org/images/M_images/printButton.png"  alt="Print" name="Print" align="middle" border="0" /></a>
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							<td align="right" width="100%" class="buttonheading">
				<a href="http://www.moninfo.org/index2.php?option=com_content&amp;task=emailform&amp;id=237&amp;itemid=35" target="_blank" onclick="window.open('http://www.moninfo.org/index2.php?option=com_content&amp;task=emailform&amp;id=237&amp;itemid=35','win2','status=no,toolbar=no,scrollbars=yes,titlebar=no,menubar=no,resizable=yes,width=400,height=250,directories=no,location=no'); return false;" title="E-mail">
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		<table class="contentpaneopen">
					<tr>
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					<span class="small">
						 By Luke Distelhorst					</span>
					&nbsp;&nbsp;
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					Tuesday, 12 September 2006				</td>
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				<img src="images/stories/september06/discover%20009.jpg" border="3" alt="Active Image" hspace="3" width="100" align="left" /><span style="font-size: 10pt; font-family: Arial">The new
minerals law and windfall profits tax became central points of discussion today
in Ulaanbaatar, where investors and government
officials publicly debated Mongolia’s
mining and mineral development.<span>  </span></span>


<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">“The
Mongolian citizens want the government to intervene; these are Mongolian laws,
and companies working here must work under them. There are many other countries
in the world where they can invest,” said B. Jargalsaikhan, Minister of
Industry and Trade, this morning in a discussion with press and industry
officials. </span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">Mongolia</span><span style="font-size: 10pt; font-family: Arial">’s new mineral law allows for the
government to invest up to 50 percent in state found strategic mineral
deposits, or up to 34 percent in deposits found with private funding. However,
the mechanisms for government investment have yet to be determined.</span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">“The
government of Mongolia
has to pay through some sort of equity ownership,” said Ts. Monkh-orgil, MP and
chairman of the standing committee on law. “But, it is not clear how exactly
the system will work.”</span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">Government
officials continually referred to Oyu Tolgoi, the enormous copper-gold deposit
in the southern Gobi, which has become the
flagship project for Canadian Ivanhoe Mines Ltd. </span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">“We, and
the Mongolian government, has always said that after the new tax package and
minerals law were finished, it would be time to move forward with Oyu Tolgoi.
We are keen to do this now,” said Ivanhoe’s Executive Vice President for
Corporate Affairs, Layton Croft.</span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">Minister
Jargalsaikhan stressed the fact that moving forward with projects the size of
Oyu Tolgoi would involve government participation.</span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">“There is
no more secure partner to invest with than the government, we will never go
bankrupt and don’t have to rely on loans,” he said.</span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">Further
discussions centered on producing more downstream products in Mongolia, such
as coking coal and smelted copper. But definite, specific discussions have yet
to determine where and when future developments would happen. </span>
</p>
<p class="MsoNormal">
<span style="font-size: 10pt; font-family: Arial">Officials
from the Mongolian tax authority also said that recommendations for amendments
to the windfall profits tax have been made to relevant ministries, but didn’t
specify the nature of the recommendations.</span>
</p>
<p class="MsoNormal">
<em>Image copyright Luke Distelhorst</em> <br />
</p>
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					Last Updated ( Monday, 11 December 2006 )
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