Minister of Mineral Resources and Energy D.Zorigt has said
that his first priority is to see that Erdenes Tavan Tolgoi  works as an internationally competitive
company, belying “not unjust” popular fears that a State-owned entity will not
deliver the goods. Asked how he will do this, 
Zorigt told The Mongolian Mining Journal, “There should be transparency
in selecting the management team, and professionals with international
experience should be chosen. Only then shall we have a company drawing
international attention and respect for its model corporate management, efficiency,
and profitability.”

The Minister said work has begun on many fronts. He “does
not see much merit in deciding everything beforehand” and prefers crossing
bridges only when he comes to them. “We shall certainly have a general
long-term vision and goal, but once we begin, there must be freedom to
improvise, to respond to situations as they emerge. Deciding everything in
advance is a sure prescription to failure. Personally, I’m happy to have an
open mind,” he said.

He indicated that the Tavan Tolgoi reserves will be updated
and the final figure could well be higher than the presently accepted 6.4
billion tons, of which some 3 billion tons were coking coal. More exploration
will be done, especially in the eastern areas of Shar Tolgoi and Bor Tolgoi,
before arriving at the final figures to be incorporated in the feasibility
study.