AZoMining: Gina Rinehart Dips Toe into Mongolian Mining Industry

Mining magnate and Australia’s richest person, Gina Rinehart, has reportedly invested close to $3 million in companies that are exploring coal in Mongolia. Rinehart has acquired shares of Aspire Mining and Guildford Coal, both of which are listed on the Australian Securities Exchange. She now has a 0.7% stake in Aspire Mining and another 0.19% stake in Guildford Coal. The coal mining industry is in its nascent stage in Mongolia, but is growing fast. This is helped by its close location to a ready market in China. To read the full article, click hereGina Rinehart Dips Toe into Mongolian Mining Industry

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