Mining relations to be regulated by specific law

2017-01-04 17:00:35

Ulaanbaatar /MONTSAME/ Actions regarding the relations of the mining industry and mineral resources were used to be regulated by Law on Mineral Resources. However, it is deemed that the latter law has been mostly associated with the relations connected to obtaining special licenses for exploration and their payment and fees. Therefore, the Ministry of Mining has begun formulating a bill on mining.

The bill, which is being currently drawn up, will regulate all types of mining activities, from identifying mining resources, opening and closing of mines and include provisions towards the engineering and technological activities and safety of miners.