The Asgat silver deposit is located in Nogoon nuur soum, Bayan-Ulgii aimag, bordering the Republic of Altai and the Republic of Tuva of Russia. It has been closed down for 29 years since 1991 when it was last underwent geological exploration and mapping.

According to the Emergency Management Agency, the emergency management officers are working in a cold temperature of -20C to -30C degrees at an altitude of 2780 meters above sea level to remove the area from the snow and ice covers collected over many years and restore the engineering and safety harnesses.

Works launched in November 2019 following the government’s earlier decision to put the Asgat deposit, included in the list of strategically important deposits of Mongolia, into economic circulation. On January 16 of this year, the Government decided to transfer the Asgat silver deposit from ‘Mongolrostsvetmet’ company to the ownership of Erdenes Mongolia LLC, which was charged to start the mining development at the Asgat deposit and settle the issue of investment funding for development.

As reported by the NEMA, emergency management and response personnel of Mongolia managed to save lives of 1658 people and properties worth MNT 59.1 billion after working in a total of 4681 emergency disaster situations nationwide this year.