EBRD promotes contract mining for efficient Mongolian operations

A loan from the European Bank for Reconstruction and Development (EBRD) will help to introduce high quality services to the Mongolian mining sector. The EBRD says it “is providing financing of up to $35 million to Leighton Mongolia to finance the company’s ability to offer contract mining services to the sponsors of at least two Mongolian projects. Leighton Mongolia is the wholly-owned subsidiary of Leighton Holdings of Australia, one of the world’s largest contract mining companies, with a track record of applying high environmental, health and safety management. (more…)