Ministry ratifies listing of mineral resource reserves

The Ministry of Mineral Resources and Energy has ratified “Hard Minerals and Resources Reserve Category of Mongolia” and “Rules to Use Category of Hard Minerals and Resources of Deposit Mine Reserves” in accordance with Order No. 022 of the Mineral Resources and Energy Minister on January 19, 2012.

It is a catalog of mineral resource reserves and wealth in Mongolia and it will serve as the basis for international comparisons.

The Ministry has been instructed to enforce the categories and rules of usage from April 15, and temporary rules for categories and usage passed by the Chief of the Mineral Resources Authority on February 18, 1998, will be cancelled effective April 15.

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