Ulan Bator's $4000 Purses Stir Discontent

By Bloomberg - 2013-02-05T18:13:41Z

Photograph by Mark Ralson/AFP via Getty Images

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Tsakhia Elbegdorj

Mongolia's President Tsakhia Elbegdorj said his country should have more control of Rio's Oyu Tolgoi copper and gold mine in southern Mongolia, according to a statement on his website.

"It's important that the government takes the Oyu Tolgoi matter into its own hands," Elbegdorj said.