Palladium price dives 10% one day after record high

In recent years the country has seen a mining boom drive outstanding economic growth, but wealth gap and pollution concerns are changing the country's view towards foreign resource firms.

The two nations led the list of potash buyers during the first quarter of 2013, according to Scotiabank’s monthly commodity index.

The prospects for gold remain very strong in spite of the price decline.

What's next for gold?

New York-traded copper prices fell by as much as 3.3% earlier in the session, hitting a daily low of $2.994 a pound.

Regardless of who is elected, analysts agree that Rio's Oyu Tolgoi, the largest foreign investment in Mongolia, will be the first and main target for the new president.

Demand is expanding more rapidly than the country's economic might.

Report singled them out as the main cause of human rights abuses in the country, particularly in Katanga, Congo's copper belt province.

The island nation will look to secure a steady supply of African natural gas, oil and rare earth metals.