A monthly press conference ‘Transparent and responsible mining’ was organized by Ministry of Mining and Heavy Industry. In 2017, Mongolia processed about 1.2 million copper concrete, 20 thousand tons of gold and 7.2 million iron ore.
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The Government made a decision to buy 49 percent shares of Erdenet Mining Corporation and Mongolrostsvestmet LLC.
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The Mongolian Parliament passed 525 bills, including 56 independent laws since it was formed, reported Parliament Speaker M.Enkhbold.
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The New Ulaanbaatar International Airport is likely to be inaugurated in 2019.
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Mongolia exported a total of 26.8 tons of meat worth of MNT 111 billion in 2017, which means the export amount tripled compared to the previous year.
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This year, the Central Bank’s foreign exchange reserves have surged to USD 2.9 billion. The reserves are crucial factor to sustain value of domestic currency and stability of financial and macroeconomic sector.
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