Mongolia and Russia will enhance cooperation in the mining sector, especially on the exploration of a coal mine in southern Mongolia, a statement from the Mongolian Mining and Heavy Industry Ministry said Thursday.

A Mongolian delegation led by Minister of Mining and Heavy Industry Dolgorsuren Sumiyabazar visited Russia on Sept. 23-25.

"During the visit, the delegation inspected a project of dry bulk terminal at the Russian seaport Taman. The delegation and relevant Russian officials, including Presidential Aide Igor Levitin, agreed to cooperate to export coal of Tavan Tolgoi to third-party markets via the port of Taman," said the statement.

With a total estimated reserve of 6.4 billion tons, Tavan Tolgoi, located in Omnogovi Province, southern Mongolia, is one of the world's largest untapped coking and thermal coal deposits.