The regular monthly "Transparent Mining"
press conference was held on May 28, 2014, where the Ministry of Mining
of Mongolia introduced the works completed in geology, mining and oil sectors last month and the 10 major tasks to carry out in 2014.
The 10 major tasks to carry out by the Ministry of Mining of Mongolia in 2014
2. To increase profitability and enhance competitiveness of Erdenes Tavan Tolgoi
(ETT) in foreign markets by providing an opportunity to involve domestic and foreign investors' participation.
8. In the scope of amending the Law on Minerals, to recover 106 special licenses suspended and allocate relevant compensations to holders of these licenses for exploration
10. The geology, mining and oil sectors require great amount of investment
, thus it is in need to accelerate opening Minerals Stock
that aims to develop Stock Market of Mongolia, which enables to raise fund for these sectors.