The Mongolian Ministry of Mineral Resources and Energy and the Mineral Resources Authority is gearing up for its international ‘Mining Mongolia 90’ conference next month in Ulaanbaatar. The event will be held on May 9 and 10 in the Central Cultural Palace of the Mongolian Trade Union Building.
The aim of the conference is to promote the Mongolian mining industry’s 90th anniversary. Organizers say key issues for discussion at the event will include how to increase the economic yield of new deposits and to produce goods inclusive of value added costs.
The conference is not only attracting delegates from government agencies and large project managers but the general public is able to attend the two day forum.
Mongolia’s minister for mineral resources and energy D Zorigt says, “I would like to sincerely congratulate all generations of miners, their families and all Mongolian people personally and on behalf of the colleagues of Ministry of Mineral Resources and Energy on the 90th anniversary of mining sector development in Mongolia.
“Production range of the mining sector and mining sector contribution to Mongolian society and economy are well-known to all Mongolian people. It is the result of all miners’ great labor,” he says.
In 2011, the mining sector produced 20% of the country’s gross domestic product (GDP), accounted for 70% of total industrial production and 89% of exports.