COUNCIL OF MINING UNIONS ESTABLISHED

Ulaanbaatar /MONTSAME/ A council of professional associations has been founded with objectives to enhance mineral policies and legal environment, to develop middle- and long-term programs as well as to plan relevant strategies. Besides improving public and private cooperation, the council will also assist public organizations in decision-making. The Mining Minister D.Gankhuyag will lead the newly-founded council, established under a cooperation of nearly twenty mining-related organizations such as National Mining Association, Industry and Geology Union and Exporters Association. At the first meeting, the council is planning to join the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) in order to promote best practices in the international reporting of mineral exploration results and to meet the need for improvement in national reserve classification standards. The Mining Ministry has agreed to conclude a cooperation agreement with the joining associations to reflect their opinions in its decisions.