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Mining Governance RGI Improves Slightly in Mongolia

Mining Governance RGI Improves Slightly in Mongolia
MONTSAME reported that according to the 2021 edition of the Resource Governance Index, mining governance in Mongolia remained satisfactory, with
06 Jul, 2021 , 4:42 am
MONTSAME reported that according to the 2021 edition of the Resource Governance Index, mining governance in Mongolia remained satisfactory, with marginal improvements since a previous assessment. The slight increase in the country’s overall 2021 RGI score, up 6 points from the 2017 RGI, to 70 out of 100 points was driven by improvements in revenue management and Mongolia’s enabling environment, with Mongolia scoring high in the index’s open data subcomponent due to digitization efforts by the government. Mongolia at the Natural Resource Governance Institute Country Manager Dorjdari Namkhaijantsan said “As the Mongolian government discusses changes to mining legislation, the Resource Governance Index provides needed evidence and proposes solution ....

Dorjdari Namkhaijantsan , Natural Resource Governance Institute Country , Heritage Fund , Resource Governance Index , Erdenes Mongol , Future Heritage Fund , பாரம்பரியம் நிதி , வள ஆளுகை குறியீட்டு , எதிர்கால பாரம்பரியம் நிதி ,

Mining governance in Mongolia improves slightly, but public disclosures, governance of state-owned enterprises require attention

2021-07-02 11:48:19
Ulaanbaatar /MONTSAME/. Mining governance in Mongolia remains “satisfactory,” with marginal improvements since a previous assessment, according to the 2021 edition of the Resource Governance Index (RGI).

The slight increase in the country’s overall 2021 RGI score up 6 points from the 2017 RGI, to 70 out of 100 points was driven by improvements in revenue management and Mongolia’s enabling environment, with Mongolia scoring high in the index’s open data subcomponent due to digitization efforts by the government.

“As the Mongolian government discusses changes to mining legislation, the Resource Governance Index provides needed evidence and proposes solutions to the challenges the country is facing in the pandemic era,” said Dorjdari Namkhaijantsan, country manager for Mongolia at the Natural Resource Governance Institute (NRGI). ....

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Sovereign wealth fund to play a key role to diversify economy and increase employment

At the initiative of the Chairman of the State Great Hural (Parliament) G.Zandanshatar, a meeting entitled ‘Mongolians are the owner of their wealth’ on the Sovereign Wealth Fund was held on May 26. ....

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Цар тахлын дараа томоохон төслүүдийг дэмжих шаардлага тулгарч байна

Цар тахлын дараа томоохон төслүүдийг дэмжих шаардлага тулгарч байна
montsame.mn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from montsame.mn Daily Mail and Mail on Sunday newspapers.

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Mongolia: A Fast-growing Economy with Unique Mining Opportunities

The country’s underexplored yet mineral-rich landscape and supportive government offer a wealth of opportunities for mining companies.
Mongolia is a resource-rich country that is at a turning point in its history. Having adapted to a democratic system of government and a market economy, the country’s wealth of mineral resources is now paving the way for rapid economic and social development. The nation has shifted away from an economy rooted in agriculture and herding and is turning instead to a fast-growing mining industry, offering unique opportunities for exploration and foreign investment.
Mongolia has been called the last frontier for large-scale mining projects. The unprecedented success of mines such as Oyu Tolgoi, a tier one producer and one of the largest copper-gold deposits in the world, has set the stage for a flourishing precious metals sector. Mongolia’s mineral wealth primarily coal, copper and gold has been valued between US$1 trillion and US$3 ....

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