3,575.44
Upon the approval of amendments to the Mining Law, the following changes have been made to the annual fee payment for exploration licenses. Below are the fees for exploration license holders.
Fees per hectare to be paid by exploration license holders:
1st year | 145 MNT |
2nd year | 290 MNT |
3rd year | 435 MNT |
4-6th years | 1,450 MNT |
7-9th years | 2,175 MNT |
10-12th years | 7,250 MNT |
Mining license holders:
Previously 15 USD per hectare | Now 21,750 MNT |
Previously 5 USD per hectare | Now 7,250 MNT |
