The Asgat mine is one of the largest silver mines in Mongolia and in the world.[1] Asgat Mine sits on the Yustid Ore Cluster [2] in Nogoonnuur District, Bayan-Ölgii Province[1] The mine has estimated reserves of 2,247 tons silver.[1] In addition, the mine is estimated to contain 4,229 tons of Arsenic, 2,092 tons of Zinc, and 8.9 tons of cadmium among other deposits.[3] The mine is not currently in operation. Part of the mine required for access sits across the border in Russia, the location lacks road, rail, water, and power infrastructure.[3]

History

The mine was discovered after the mining exploration being carried out since 1986. In 2019, the Erdenes Mongol LLC took over of the mine from Mongolian-Russian joint venture Mongolrostsvetmet.[4]

References

  1. ^ a b c "Mineral deposits of Northern Asia". docstoc.com. 2012. Archived from the original on 2013-09-23. Retrieved 2013-07-10.
  2. ^ "Asgat Ag-Sb deposit, Asgat-Ozernoe zone, Yustid ore cluster, Nogoonnuur District, Bayan-Ölgii Province, Mongolia". Retrieved 26 March 2023.
  3. ^ a b ""When will Asgat silver mine be commercialized?"". Retrieved 26 March 2023 – via PressReader.
  4. ^ "Mongolia: Human Settlements Development Program (Development Oriented Aimag Plans – Volume 1)" (PDF). Asian Development Bank. October 2022. Retrieved 27 February 2025.


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