COPPER EXPORT INCREASES 41 PERCENT

Ulaanbaatar /MONTSAME/ Production of minerals in Mongolia increased by 7.3%-46% against the last year, informs the Mining Ministry. The nation produced 305.8 thousand ton of copper concentrate, 1.2 thousand ton of molybdenum concentrate, 1.4 ton of gold, 6.9 million ton of coal, 92.2 thousand ton of fluorspar and 0.9 million ton of iron ore in the first four months of this year. For the same period, Mongolia exported 5.4 million ton of coal, 316.5 thousand ton of copper concentrate, 1.4 thousand ton of molybdenum concentrate, 2.5 ton of gold and 83 thousand ton of fluorspar. This means increases of 41% in copper concentrate, of 46.7% in gold, of 32.3% in oil products and of 7.3% in coal exports. Today, there are 75 companies operating in gold mines of Mongolia.