INCOME FROM MINERALS EXPORTS LIKELY TO EXCEED ESTIMATED MNT600 BILLION

There is every reason to feel optimistic that the Government will earn considerably more than the estimated MNT600 billion from export of mineral resources in 2011. The General Budget was prepared on the basis that the global price of gold will be USD1250 per ounce, and that of copper USD8425 per ton. Both have so farfetched higher prices and the trend is likely to continue.
Source: Zunii Medee
The Business Council of Mongolia aims to advocate increased trade and investment in Mongolia and serve as a forum for dialogue on the important business climate issues. Join us at the Business Council Mongolia Official Website
No votes yet
Archived Comments