DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7tx6qx/mongolias_mining) has announced the addition of the "Mongolia's Mining Fiscal Regime: H1 2014" report to their offering.
Mongolia fiscal regime report outlines governing bodies, governing laws, licenses, rights and obligations and key fiscal terms covering four commodities: coal, iron ore, copper and gold.
The mining industry is governed by the Mineral Resources Authority of Mongolia, and different departments under it. The Mineral Law and Subsoil Law are the apex laws for the country's mining industry. The Mineral Law was enacted to promote economically viable mining and to regulate mining operations such as exploration, exploitation and other activities related to mining while the Subsoil Law is responsible for ensuring safety in the use of minerals.
- The Mineral Resource Authority of Mongolia (MRAM) was established in 1997 to develop and implement policies for the mineral resources sector, and create investment opportunities. The MRAM has different divisions working under it.
- The Geological Survey department is accountable for providing geological information required for policies and programs concerning research and development.
- The Coal Research Division is responsible for issuing licenses for coal exploration and mining activities. Its mission is to assist in the drafting of state policy on the development of the coal industry, and providing investors and clients with prompt and fair services.
- The Cadastre Division is responsible for issuing licenses for mineral exploration and mining activities.
Key Topics Covered:
1 Executive Summary
2 Governing Bodies
3 Governing Laws
5 Rights and Obligations
6 Key Fiscal Terms
For more information visit http://www.researchandmarkets.com/research/7tx6qx/mongolias_mining