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Mongolia|business|March 6, 2017 / 04:47 PM
Ulaanbaatar to host Mongolia Gold 2017 Conference and Exhibition

AKIPRESS.COM - Mongolia Gold 2017 Conference and Exhibition will be held on March 17 in Ulaanbaatar. The event is organized by the Mongolian Mining Exchange in cooperation with Ministry of Mining and Heavy industry, Mongolbank, BCM and HKIMA, reports news.mn.

The conference will discuss a wide range of issues connected with the gold mining sector and will set goals for seeking ways to improve and stabilize the legal environment for gold mining.

The event will address solutions to the recent financial concerns of recent years. Related to this, the government is to implement “Gold-2” project, to introduce gold projects to investors as well as advanced technologies, 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 revive the economy; it aims on increasing gold production by two to three tonnes annually, leading up annual production of 25 tonnes by 2020.

Mongolian gold export is forecast to reach 15.8-40.0 tonnes in the next decade and gold revenue going to $117.9 million by 2020.

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