Mining Reforms To Aid Exploration Drive
BMI View: Recent changes to Mongolia's Minerals Law will encourage more mining exploration in the resource-rich country. Despite disruption to the underground development of the Oyu Tolgoi mine, our core view remains that the project will eventually be pushed through over 2014-2015.
We expect more miners to undertake exploration projects in Mongolia over the coming quarters. The recent changes to the country's mining code will become increasingly receptive to mining investment. In a bid to revive investor interest in the country's mining sector, the Mongolian Parliament approved a wave of positive reforms to the country's 2006 Minerals Law in July 2014.
Key Regulatory Changes
Ready To Rock Mongolia - Copper & Gold Mine Output