News Photo: Students play during a physical education program at…
Title:

Mongolia's Biggest Foreign Investment The Oyu Tolgoi Mine
Caption: KHANBOGD-SOUTH GOBI DESERT, MONGOLIA - OCTOBER 13: Students play during a physical education program at the Khanbogd Secondary school on October 13, 2012 in Khanbogd, Mongolia. The population of Khanbogd has doubled in the last few years along with the secondary school adding a new extension to accommodate the growing number of students since Oyu Tolgoi employs most of the people in the town.The Oyu Tolgoi copper and gold mine (translated means Turquiose Hill) is a combined open pit and underground mining project. While the construction continues open pit mining is currently underway with full production expected later in 2012. When the mine starts full operation the country will be set to become one of the world's top copper and gold producers with estimates of 450,000 tons of copper and 330,000 ounces of gold. Financing for the project has come in part from the Rio Tinto Group and an investment agreement between Ivanhoe Mines and the government of Mongolia. Mongolia's largest foreign investment project to date which is projected to add one-third of future value to the country's GDP. Many estimate Mongolia to be the world's fastest growing economy with an estimated $1.3 trillion in untapped mineral resources. (Photo by Paula Bronstein/Getty Images)
Date created: 13 Oct 2012
Editorial image #: 154498428
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License type: Rights-managed
Photographer:

Paula Bronstein/Staff
Collection:

Getty Images News

Credit: Getty Images
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Source: Getty Images AsiaPac
Release information: Not released. More information
Object name: 71935855
Copyright: 2012 Getty Images
Keywords: Event, Education, Finance, Lifestyles, Horizontal, Independent Mongolia, Mining, Student, Travel. Find similar images
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Subject
Education
Event
Finance
Lifestyles
Mining
Student
Travel
Location
Independent Mongolia
Style
Horizontal
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