The Ministry of Mining and Heavy Industry of Mongolia is drafting a new Mining Law to regulate all mine-related business from starting operations to the mine closure. The new law will also cover technical and matters concerning the miners themselves. Currently, these matters are regulated  by the Minerals Law of Mongolia, adopted in 2014.  The initiators of the new draft said, the Minerals Law of Mongolia is gives priority to regulating obtaining licences  and financial accountability. The new law is intended to cover a wider range of issues.