Analysing
Strengthening EITI implementation in Mongolia
The Extractive Industries Transparency Initiative (EITI) is a global coalition of governments, companies and civil society working together to improve openness and accountable management of revenues from extractives.
At tide’s ebb
Faced with a yawning budget deficit, Prime Minister Julia Gillard last year came up with a 30%-tax on the “super profits” from the mining of iron ore and coal in Australia. From 1 July 2012, a company was to pay the tax when its annual profits reached $75 million. Around 320 companies fell into the net.
Rising FDI means more GDP
The contents of the Draft Investment Law were published in our August issue and this month we present some of the views of The National Council for Support of the Private Sector on the draft. We hope Parliament considers these before taking up the draft for discussion at its special session.
Strategy on strategic mineral missing
The term “strategically important” in reference to certain mineral deposits has long been used in the laws of both Russia and Mongolia but there is considerable ambiguity in people’s mind about its intention and application.
Mongolia’s Strategic Investment Law – ‘The golden average’ … or not?
Parliamentarians and others who support the new Law on Regulation of Foreign Investment in Business Entities Operating in Sectors of Strategic Importance (Strategic Investment Law) have been quick to say that Mongolia’s new regime to regulate foreign investment is very similar to Australia’s Foreign Investment Review Board (FIRB) regime.
Mongolia’s Coal Industry
This is the first edition of the Mongolia’s Coal Industry Report from MICC. The following topics will be covered in the report:
Production and Infrastructure.An overview of the current and historical figures as well as specific issues surrounding resource estimation, production and transportation.