Statistics released by the
Open Society Forum reveal that 28 percent of Mongolian land has been
set aside for mining and exploration.
As of June 2008, the number
of mining and explorations licenses being held in Mongolia has reached
4,717, compared to 4,361 in November 2007.
Of note, 22 percent of these
licenses have been granted for mining while 78 percent are for explorations.
Further, East Gobi, Selenge and South Gobi are the aymags with the largest
number of licenses having been issued.
Other statistics indicate that
44 percent of mining licenses are for gold mining. The majority of other
licenses are for mining coal, fluorspar and iron.
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