‘Mongolia Gold’ investment conference and exhibition to be held
It will focus on a wide range of issues related to Mongolia’s gold mining sector and aims to set goals for seeking ways to improve and stabilize the legal environment for gold mining.
‘Mongolia Gold’ investment conference and exhibition to be held. It will focus on a wide range of issues related to Mongolia’s gold mining sector and aims to set goals for seeking ways to improve and stabilize the legal environment for gold mining and address solutions to the recent financial concerns of recent years. The government is to introduce Gold 1 and Gold 2 projects to investors, expand business relations and cooperation, and exchange international experience. "Gold-2" was approved by the Mongolian Cabinet as a key part of the raft of measures aiming to revive the local economy. It aims on increasing gold production by two to three tones annually, leading up annual production of 25 tons by 2020. Mongolian gold export is forecast to reach 15.8-40.0 tons in the next decade and gold revenue is forecast to increase to USD 1177.9 million by 2020.
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