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The Janchivlan, Modot and Elstei tin placers were researched and the Nukhet Mountain pass ore deposit was determined as being rich in tin.The tungsten deposits and findings are widely dispersed in the territory of Mongolia. Currently, the Khovd Gol and Ulaan Uul tungsten deposits are being exploited.
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| Experts say copper prices to remain high for next two years |
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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. |
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