@ $ 1,300oz just short $ 900mill (+-) Ulaanbaatar /MONTSAME/ In the first quarter of 2014, gold production in Mongolia was one ton, says Mining Deputy Minister O.Erdenebulgan.
The gold production in first quarter of 2014 shows a decrease of a half ton compared to the same period of the previous year. The nation has planned to produce 31 ton of gold this year. However, the plan is still achievable, the Deputy Minister says, noting that gold production in Oyu Tolgoi mine is expected to reach 20 ton, and others are going to produce 11 ton of gold this year. Gatsuurt mine might also launch its gold production within this year, thereby contributing to the realization of the gold production plan, adds Mr Erdenebulgan amid his interview given to Khurd news agency.