Mining
MPs to Discuss Amendments to Windfall Profits Tax Later
Friday, 08 December 2006
The Standing Committee on Budget which decided to consider a draft law on making amendments to the windfall profit tax has delayed discussions for a week, but still plans to discuss it based on falling gold sales to the Mongol Bank, according to the committee secretary.
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Draft Legislation on Artisanal Miners to be Discussed
Tuesday, 05 December 2006
Two draft legislation documents on artisanal miners and micro mines were supposed to be discussed at a meeting of the Standing Committee on Economy Tuesday, but the discussion was postponed according to committee officials.
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Constitutional Court Discusses Mineral Resources Law
Written by B. Bulgamaa   
Monday, 20 November 2006
Active ImageA petition from leaders of the National Soyombo Movement stating that the new Mineral Resources law of Mongolia has broken the constitution is undergoing discussion at the Constitutional Court of Mongolia, according to a court official.
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Parliament to Consider Windfall Profits Tax Revisions on Gold
Written by Luke Distelhorst   
Tuesday, 14 November 2006
A draft law submitted to the Speaker of Parliament Monday calls for the 68 percent windfall profits tax gold price threshold to be raised from US $500 to $650 amid falling gold sales to the Mongol Bank, officials said Tuesday.
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Mongolian Economy at Risk with Minerals: Report
Written by B. Bulgamaa   
Thursday, 09 November 2006
It is obligatory for Mongolia to establish a minerals fund and clearly related laws to meet with all international standards in order to protect the economy’s future, according to the results of research done by the Open Society Forum in Mongolia.
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