Ban on mining licenses set to end - News.MN

Ban on mining licenses set to end

Old News! Published on: 2012.01.02

Ban on mining licenses set to end

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Мөнгөнтамир
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In April 2012, Parliament passed a law suspending the issuance of special mining licenses for exploration. The law was set to expire on December 31, 2011.

On December 28, the Cabinet discussed amendments to the law and submitted suggestions to lawmakers, and it appears the suspension will be lifted.

Mining companies had opposed the suspension, saying it made it difficult for them to continue exploration. The number of licenses issued under the suspension was reduced dramatically.

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