Mineral Resource Authority received exploration applications from total of 956 companies since application number started to be issued online. Out of total applications received:
- entities with domestic investments - 899,
- entities with 100 percent foreign investments - 45,
- entities with joint investments - 12.
As of today, 1686 application number was issued and out of 965 applications were reviewed.
234 applications adhering to the criteria received their exploration licenses. 496 applications which are eligible for granting license were sent to relevant aimag`s Governor.
Seven times selection were held for 106 areas with exploration licenses revoked by a court decision. As a result, 34 of them were granted a new exploration license.
As of May 26, state budget has earned:
- MNT 12.42 billion from license fee
- MNT 488.35 million from service fee
- MNT 477 million from service fee of granting exploration license
- MNT 728 million from electronic payment system of application number
Total of MNT 14.1 billion were contributed to the state budget reported by the Ministry of Mining.
Mineral Resource Authority received exploration applications from total of 956 companies since application number started to be issued online. Out of total applications received:
- entities with domestic investments - 899,
- entities with 100 percent foreign investments - 45,
- entities with joint investments - 12.
As of today, 1686 application number was issued and out of 965 applications were reviewed.
234 applications adhering to the criteria received their exploration licenses. 496 applications which are eligible for granting license were sent to relevant aimag`s Governor.
Seven times selection were held for 106 areas with exploration licenses revoked by a court decision. As a result, 34 of them were granted a new exploration license.
As of May 26, state budget has earned:
- MNT 12.42 billion from license fee
- MNT 488.35 million from service fee
- MNT 477 million from service fee of granting exploration license
- MNT 728 million from electronic payment system of application number
Total of MNT 14.1 billion were contributed to the state budget reported by the Ministry of Mining.