By Katherine Young, Resourcex Investor May 4, 2007 A recent agreement in principle between Rio Tinto, Ivanhoe Mines and the Mongolian government has investors, analysts and mining professionals wondering if the climate in Mongolia is becoming more favourable to foreign investment in the resources sector. Juniors in Mongolia like East Asia Minerals (TSX.V:EAS) and Red Hill Energy (TSX.V:RH) - who have, respectively, uranium and coal deposits in Mongolia - will likely be affected by investor perception of this deal. Katherine Young of Resourcex Investor spoke to Terence Ortslan, a mining analyst at TSO and Associates in Montreal who has been travelling to Mongolia for 20 years, about issues affecting Mongoliaâs mining sector. Resourcex Investor: What do you think the View the rest of this article
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