Yes it's a worry. The Rio JV makes a deal - after a lot of back and forth. They spend the capital in the country then the government says we want more of the resource.
Here's a summary of country risk.
http://www.mining.com/2011/08/26/the-mining-sectors-two-biggest-risks-country-risk-and-resource-nationalism/
I have mate who works assessing risks for mining companies. Risks are on the rise.
Having said that VOR resource is a good one and will continue to grow.
Cheers
hots
mongolian govt, page-4
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