Mining and geology regulations approved by Mongolian Government, Its Ministries, Authorities, and Agencies

д/д	Approved by	Approved Date	Name	Comment
1	Mineral Resources and Energy Minister	April 17, 2012	Approval of Instructions	Basic requirements to mineral resources scoping study, mineral deposit mining prefeasibility study, and mining project feasibility study, procedure for receiving feasibiliy study
2	Minister of Mineral Resources and Energy	April 13, 2009	Approval of Members and Rule	Members and Rule of Mineral  Resouces Council is approved
3	Head of Mineral Resources Authority of Mongolia	August 21, 2003	Approval of Procedure	Procedure for temporary and permanent mining operations closure
4	Government of Mongolia	April 4, 2007	Exchange approval	Approval of exchanges upon which minerals sale price will be accordinly determined for imposing tax royalty base
5	Government of Mongolia	February 17, 2010	Ammendments to the resolution	Changes to the names of exchanges upon which minerals sale price will be accordinly determined for imposing tax royalty base
6	Government of Mongolia	June 8, 2011	Approval of boundaries	Approval of Boundaries according to the Law on Prohibition of Mining in Headwaters and Forest Resource Areas
7	Government of Mongolia	November 17, 2010	Approval of Procedure	Procedure of compencation payment for Exploration and Mining License holders
8	Government of Mongolia	February 16, 2011	Approval of methods	Methods for royalty percentage calculation, payment assessment
9	Government of Mongolia	November 3, 2012	Approval of new procedures and rules	Probe control procedure, Precious metall probe determination, approval, gem stone determination, registration procedure
10	Government of Mongolia	November 23, 2005	Approval of guideline	Guidelines for capital assets depreciationb calculation, depreciation period, annual depreciation amount
11	Industry and Trade Minister	2007	Approval of guideline	Guidelines for Mine acceptance
12	Industry and Trade Minister	June 3, 2003	Approval of Procedures	General Safety procedure of surface mining operations
13	Nature, Environment, and Tourisn Minister	May 27, 2010	Approval of Methods	Environmental damage cost and compencation calculation procedure
14	Nature, Environment, and Tourisn Minister	January 4, 2010	Approval of methodological guidelines	Methodological guidelines for environmental impact assessment
15	Nature, Environment, and Tourisn Minister	February 16, 2011	Approval of Procedures	Procedures for preperation, review, reciev, and approval of Environmental protection plan, monitoring program, reports
16	Nature, Environment, and Tourisn Minister and Mineral Resources and Energy Minister	September 16, 2011	Approval of guideline	Cost estimation Methods of reclamation of the land damaged by mining operations
17	Head of Mineral Resources Authority of Mongolia	2009	Approval of guidelines	Approval of guidelines for receive of exploration plan, report
18	Head of Mineral Resources Authority of Mongolia	September 9, 2009	Approval of content and requirements of mineral exploration results report	Approval of content and requirements of mineral exploration results report
19	Head of General Department Of Taxation	June 17, 2010	Approval of Methodologies	Methodologies for calculation of sold mining product value
20	Head of General Department Of Taxation	March 17, 2011	Approval of guidelines	Approval of forms and templates for mineral resources royalty payment report
21	Mineral Resources and Energy Minister	January 19, 2012	Mineral deposit resources and reserves classification	Mineral deposit resources and reserves classification of Mongolia