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mapofm2Geographic Situation Mongolia, covering an area of 1,564,100 square kilometers, lies in the heart of the Asian continent. It stretches about 2,400 km from west to east and about 1,260 km from north to south and bounded on the north by Russia and on the southeast and west by China.





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Experts say copper prices to remain high for next two years

Market observers believe Mongolian copper prices will remain high for at least the next two years. One of the main reasons given for the continuing high prices are delays to planned mining projects caused by increasing percentages of revenues being funneled off by governments in Mongolia and Africa.