Mongolia Mineral Exploration Roundup 2016 Takes Place

By Ch.KHALIUN

The Mining Ministry, Mongolian Society of Economic Geologists, and professional associations organized the eighth Mongolia Mineral Exploration Roundup 2016 from March 24 to 26, at Corporate Convention Center.

Mining Minister R.Jigjid presented the opening remarks at the forum, underlining that since the government started issuing exploration licenses, activities of the nation's geological and exploration sectors are intensifying, having a positive influence on drawing in foreign and domestic investment, strengthening the sector's future development, and improving its competitiveness. He said that the issuance of new exploration licenses is also important to infrastructure, the creation of new jobs, and increasing the population in rural regions.

Beginning the forum, a discussion on special exploration licenses was held. Entities engaged in geological and exploration activities asked state officials about when application numbers for exploration licenses will be issued through petitions, and when it would be possible to submit exploration plans online. Officials from the Mineral Resources Authority (MRA) said that the MRA has great workload, and acknowledged that companies are interested in submitting their plans online. They said that the MRA is cooperating with Germany to create an integrated system for reviewing operational plans for exploration.

Government representatives said they are working toward accurately studying the nation's...