Boroo Gold Mine is an

open-pit Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique that extracts rock (geology), rock or minerals from the earth. Open-pit mines are used when deposits of commercially ...

gold mining Gold mining is the extraction of gold by mining. Historically, mining gold from Alluvium, alluvial deposits used manual separation processes, such as gold panning. The expansion of gold mining to ores that are not on the surface has led to mor ...

site in Bayangol and

Mandal A tehsil (, also known as tahsil, taluk, or taluka () is a local unit of administrative division in India and Pakistan. It is a subdistrict of the area within a district including the designated populated place that serves as its administrative c ...

sums In mathematics, summation is the addition of a sequence of numbers, called ''addends'' or ''summands''; the result is their ''sum'' or ''total''. Beside numbers, other types of values can be summed as well: functions, vectors, matrices, polynom ...

(districts) of

Selenge Province Selenge () is one of the 21 aimags (provinces) of Mongolia Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south and southeast. It covers an area of , with a population of 3.5 million, ...

in northern

Mongolia Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south and southeast. It covers an area of , with a population of 3.5 million, making it the world's List of countries and dependencies by po ...

Gatsuurt Gold Mine Gatsuurt Gold Mine is a planned open-pit gold mining site in Mandal sum (district) of Selenge Province, Mongolia. Gatsuurt gold mine is 35 kilometers east of Boroo Gold Mine. History Gatsuurt had initially been developed by the Canadian mining c ...

is 35 E from Boroo Gold Mine. Boroo was owned by the Canadian mining company, Centerra Gold Inc. It began commercial production in March 2004 and produced more than 1.5 million

ounces The ounce () is any of several different units of mass, weight, or volume and is derived almost unchanged from the , an Ancient Roman unit of measurement. The avoirdupois ounce (exactly ) is avoirdupois pound; this is the United States cus ...

(46 tons) of gold through the end of 2010. The Boroo mine was the first hard-rock gold mine established in Mongolia and the largest foreign investment in the country at the time it began production. Boroo is estimated to have increased the entire country's GDP by 5–7 %.Montsame News Agency. ''Mongolia''. 2006, Foreign Service Office of

Montsame News Agency Montsame (, ) is the official state-owned news agency of Mongolia. Montsame is an acronym for (). It was founded in 1921. It has permanent correspondents in Ulaanbaatar, Mongolian aimag centers, Beijing, and Moscow. International cooperation Th ...

, , p. 79. On October 12, 2018 Centerra Gold sold its Mongolian business unit (including the Boroo project and related infrastructure as well as the Gatsuurt development property) to OZD ASIA PTE Ltd., a private Singapore based company.

References

External links

Boroo Gold Mongolia

Boroo Gold sale to OZD Asia
2004 establishments in Asia Gold mines in Mongolia Open-pit mines Selenge Province Surface mines in Mongolia {{Mine-stub