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James Tillen Comments on Upfront Payments for Mongolia Mine Development in South China Morning Post

Subtitle
"Mongolian Contract Hangs on Sze of Upfront Payment"

South China Morning Post

James Tillen comments on upfront payments being requested by the Mongolian government from bidders who wish to develop and operate untapped coal deposit in Gobi desert. According to Tillen, the miners should "review the pre-payment requirements to make sure they are appropriate" and confirm what the payments will be used for and that they are going to the government and not individuals.