Overlooking a deep black gash in the Gobi Desert, Od Jambaljamts watched Caterpillar trucks rumble across the rim of the world’s biggest undeveloped coal deposit — and mused on Mongolia’s good fortune to have the world’s most voracious consumer of coal just a few scores of miles away. “China is so big that even if they cut their economy in half they will still need what we have here,” said Od, a former Mongolian diplomat in Washington who, along with his younger brother, now controls the Mongolian Mining Corp. Read full article >>