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Mongolian Mining Industry |
 Mining is one of the main pillars of the Mongolian economy and produces 30% of the total industrial output and accounts for 65.5% of export revenue. The output of the Mongolia mining sector has increased by about 8 percent a year. Products from this sector account for 9 percent of the Gross Domestic Product. The New Minerals Law of Mongolia, passed in 1997, has greatly improved the legal environment for investors by clearly defining legal rules, simplifying the licensing process and reducing royalty and exploration fees.
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 The total numbers of livestock (sheep, goat, camels, horses and cattle) reached 32.9 million in 1998. 129 million hectares of land is designated as agricultural land of which 326.6 thousand hectares is cropped. 194.9 thousand tons of wheat, 65.2 thousands tons of potato and 45.7 thousand tons of vegetables were harvested in 1998.
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 Built between 1893 and 1903, the Winter Palace of Bogd Khan was the home of Mongolia’s last king Javzan Damba Hutagt VIII. This complex of temples and houses contain a number of Buddhist artworks and the private collection of Javzan Damba Hutagt composed of gifts of rulers and kings from all over the world. |
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Mongolia, Total Solar Eclipse 2008 |
 A solar eclipse happens when the moon passes between the sun and the earth, covering by its total shadow over the earth's surface. This event is one of nature’s most spectacular pieces of theater - never failing to impress those fortunate enough to witness it. |
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