MONGOLIA AT MINES AND MONEY HK 2014

Ulaanbaatar /MONTSAME/ Mongolian mining companies are participating in the Mines and Money international forum kicked off Monday in Hong Kong. Organized by the British Beacon Hill Resources company, the annual forum has convened leaders of the world’s mining companies, investors and newly born players at the world mining market. Mongolia is being represented by leaders and officials of the “Haranga Resources”, “Wolf petroleum”, “Ondor tolgoi minerals”, “Sharyn gol”, “Hot-Ded Butsets”, “Aspire Mining”, “Erdene Resource” and “Nomin-Ord” companies. They are introducing to the participants results of their works, estimated resources and the size of investments they need. At the forum, a chair of the Mongolian delegation and the Vice Minister of Mining O.Erdenebulgan has noted that the legal environment for mining sphere has become more sustainable thanks to amending the investment law and the state policy on mineral resources. Mentioning that the investments flow to Mongolia is activating now, Mr Erdenebulgan urged companies to invest the Mongolian mining, hoping that responsible investors will become reliable partners of Mongolia. This year’s Mines and Money HK forum has established itself as Asia-Pacific’s premier event for mining investment deal-making and capital raising. The event showcases hundreds of mining companies in a 270-booth exhibition, connecting them with 1,000 investors from the world’s largest mining funds, private equity firms, alternative financiers and private wealth. During the five days learning and networking, 3,000 attendees from across the globe will hear insights and analysis from our largest ever speaker line-up of world-leading investors and mining entrepreneurs.