The second ‘Mongolia Gold 2018’ International Investment Conference and Exhibition will take place on 15-16 March at the Convention centre in Ulaanbaatar with the support of the World Gold Council. The event is being organised by the Mongolian Mining Exchange in cooperation with the Mongolian Gold Association.

The world’s biggest gold companies such as Sakthi Trading from Dubai, Arabian United States, and KALOTI Precious Metals from Hong Kong and many other international gold related companies and associations are attending Mongolia Gold 2018.

The Mongolia Gold Conference is committed to direct the attention of global investors  towards the Mongolian gold industry, discovering financial opportunities, relocating advanced technology and equipment, expanding business partnership and collaboration, developing gold geological exploration and enhancing the gold resources of Mongolia.

Mongolia plans to stock up on 150 tons of gold by 2020. The country will continue the ‘Gold-2’ programme until that year as a means of recovering economic growth. As a part of the programme, gold mining will be increased by 2-3 tonnes annually. Mongolia is also expecting to generate MNT 33-59 billion in budget revenue from payments for accessing mineral resources.

Mongolia first implemented a ‘Gold’ programme from 1992 to 2000. According to statistics, 2.6% of gross domestic product came from gold mining and 9.1% from exports in 2015.