gogo logo
  • Монгол
  • Yolo
  • Maamuu
  • Politics
  • Economy
  • Society
  • Life
  • Interview
  • Culture
  • TRAVEL
  • Ulaanbaatar
  • Media OutReach
Helpful
Interview
  • - Interview
Interesting
Other
Монгол
Maamuu
Yolo
Main menu
Politics
Economy
Society
Life
Interview
Culture
TRAVEL
Ulaanbaatar
Media OutReach
Helpful
Interview
Interview
Interesting
Other menu
Монгол
Maamuu
Yolo
Contact us
Editorial ethics
Home
Search
Menu
  Facebook   Twitter
  Menu
Home
/ Society
Society

Gold industry forum taking place next week

  Facebook   Tweet
  Facebook  Tweet

The "Mongolia Gold 2017" investment forum will take place on March 17, with the aim of discussing a number of issues surrounding investment in the gold mining industry. Projects in the gold industry will also be introduced to investors in order to seek financing, create partnerships in gold mining and extraction projects and elevate the current level of business cooperation, bringing advanced technology, sharing experiences and promoting research.

It is expected that gold exports will be fluctuate between 15.8-40.0 tonnes, and export revenues of the gold sector is forecasted to reach USD 1.2 billion in 2020 and USD 1.6 billion in 2025. Revenues are expected to increase by 26.7 percent by 2020 and 68.4 percent by 2025 compared with 2015. The organisers of the forum noted that a great amount investment is needed to exploit gold mines on schedule. Thus, Mongolia needs to utilise financing sources, such as loans, bonds and other instruments to attract domestic and foreign investments to those large-scale gold projects.

Growing investment in extraction and exploration in the gold industry as well as sustainable growth of gold reserves is a result of a stable legal environment. Production and sales are expected to raise the output of gold by 20.0-47.7 tonnes to eventually reach 353.2 tonnes a year. 

The "Mongolia Gold 2017" investment forum will take place on March 17, with the aim of discussing a number of issues surrounding investment in the gold mining industry. Projects in the gold industry will also be introduced to investors in order to seek financing, create partnerships in gold mining and extraction projects and elevate the current level of business cooperation, bringing advanced technology, sharing experiences and promoting research.

It is expected that gold exports will be fluctuate between 15.8-40.0 tonnes, and export revenues of the gold sector is forecasted to reach USD 1.2 billion in 2020 and USD 1.6 billion in 2025. Revenues are expected to increase by 26.7 percent by 2020 and 68.4 percent by 2025 compared with 2015. The organisers of the forum noted that a great amount investment is needed to exploit gold mines on schedule. Thus, Mongolia needs to utilise financing sources, such as loans, bonds and other instruments to attract domestic and foreign investments to those large-scale gold projects.

Growing investment in extraction and exploration in the gold industry as well as sustainable growth of gold reserves is a result of a stable legal environment. Production and sales are expected to raise the output of gold by 20.0-47.7 tonnes to eventually reach 353.2 tonnes a year. 

  Facebook   Tweet
Category
Society
Published
2017-03-13


gogo logo
Contact us Editorial ethics

© 2007 - 2025 Mongol Content LLC