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Category Archives: JD Mining Governance
The ONE Challenge
By Julian Dierkes Because few other people focus much of their attention on Mongolia, I often get asked questions that are more fundamental then I might be on other topics. In a conversation recently, sparked by the state visit of … Continue reading
Rio Tinto/Turquoise Hill Offer on Debt Forgiveness for Oyu Tolgoi Stake
By Julian Dierkes On the morning of December 13, PM Oyun-Erdene “unveiled” an offer he received from Rio Tinto/Turquoise Hill that appears to be intended to form the basis for a new agreement to jumpstart underground development at Oyu Tolgoi. … Continue reading
Search for (Oyu Tolgoi) Perfection
By Julian Dierkes I have recently shared my perspective on the negotiations of a (new) OT Agreement. Below, I want to highlight one of the aspects that I see as bringing about this cycle, an aspect that is also prevalent … Continue reading
Posted in Democracy, Governance, JD Mining Governance, Mining Governance, Oyu Tolgoi, Party Politics, Politics, Public Policy
Tagged Julian Dierkes
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2021 Oyu Tolgoi Negotiations
By Julian Dierkes How can I resist the following challenge? So what do you think is the key to resolving the OT situation? MPP controls government, so clearly decisions can be taken. What about Rio’s behaviour? Is GOM being unfair? … Continue reading
Fragmented Power
By Julian Dierkes A recent article in The Economist compares political contestation around the Kumtor mine in Kyrgyzstan and Oyu Tolgoi in Mongolia. There a number of aspects to that comparison that make it very interesting: Democratization: Kyrgyzstan has – … Continue reading
Regionalization, Internationalisms, and Mongolia’s Almost Century-Old Mining Sector
By Marissa J. Smith In English-language scholarship, Mongolia’s political-economic system has often been characterized as democratic and market-driven. Though not untrue, this characterization casts Mongolia as a unified entity, which redirects attention from how Mongolia is also regionalized, with an … Continue reading
Posted in Economics, Erdenet, Ethnic Groups, Geography, History, JD Mining Governance, Mining, Population, Publications, Research on Mongolia
Tagged Marissa Smith
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Constitutional Amendments Adopted
By Julian Dierkes While some details remain curiously unclear (as is so frustratingly often the case with Mongolian legislation and reporting on it, the Ikh Khural approved a number of constitutional amendments on Nov 15. While these are subject to … Continue reading
Mine Aesthetics and OT as National Symbol
By Julian Dierkes {This post continues a series of posts based on a visit to Oyu Tolgoi at the invitation of the company.} I think it’s fair to say that Mongolians have had an ambivalent relationship with Oyu Tolgoi ever … Continue reading
Posted in JD Mining Governance, Nationalism, Oyu Tolgoi, Society and Culture
Tagged Julian Dierkes
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Job Rotation in the Mongolian Cabinet, at Turquoise Hill and at Oyu Tolgoi
By Julian Dierkes and Bulgan B Any observer would agree that the development of Oyu Tolgoi has been a winding and meandering path. In the foreign press and from an international investor perspective, mentions of the frequent turnover of Mongolian … Continue reading
Posted in Business, Government, JD Mining Governance, Mining, Mining Governance, Oyu Tolgoi
Tagged Julian Dierkes; Batdorj Bulgan
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SOMO Report “Mining Taxes”
By Julian Dierkes The Dutch Centre for Research on Multinational Corporations (SOMO) published a report focused on a whole list of issues related to financial and governance structures for the Oyu Tolgoi project. The report was written by SOMO’s Vincent Kiezebrink and … Continue reading
SOMO Report Preamble: Assumptions
By Julian Dierkes It struck me while reading the SOMO report on Oyu Tolgoi governance and tax structures that there are a number of big assumptions and elements in the Mongolian context that are not discussed explicitly, but that are … Continue reading
How Are We To Think About Rio’s Balancing of Political Risk and Taxation in Light of SOMO Report?
By Julian Dierkes Rio Tinto’s response to the SOMO report claims that the convoluted corporate structure that has been created for Oyu Tolgoi is not aimed at saving taxes, but rather at reducing investment risk. For as long as Rio … Continue reading
Posted in International Agreements, JD Mining Governance, Mining, Mining Governance, Oyu Tolgoi, Public Policy, Taxes
Tagged Julian Dierkes
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Where did the Conspiracy Conspiracy Come From?
By Julian Dierkes Mongolia is not unique in the presence of conspiracy theories, nor in the presence of events and factors in those events that may lend themselves to conspiracy theories. Yet, in my experience, conspiracy theories have become dominant … Continue reading
Posted in Corruption, Curios, History, JD Democratization, JD Mining Governance, Party Politics, Politics, Pop Culture, Social Issues, Social Media
Tagged Julian Dierkes
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Mongolia – Rich in Governance Models
By Julian Dierkes These days, the optimism regarding Mongolia’s development (economic, political, social) has turned into a disappointed consternation, “how could things go so wrong?”. Of course, the answer is mostly a domestic political one, but is also linked to … Continue reading
Posted in Development, JD Mining Governance, Kyrgyz Republic, Mining Governance
Tagged Julian Dierkes
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Bishkek ICF-CIRDI Workshop “Sound Management of Natural Resources: The State’s Role in the Resource Sector”
Co-Organized, Funded, and Hosted by: International Cooperation Fund (ICF), Ministry of Foreign Affairs of Mongolia, Global Affairs Canada through the Canadian International Resources and Development Institute, Oslo Governance Centre for Peace, Democracy and Human Rights, and University of Central Asia … Continue reading