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Written by Administrator

№	Application and service fees	Exploration license fees			Mining license fees (USD)
№	Application and service fees	For Foreign citizens and foreign companies (USD)	For Foreign Invested companies* (USD)	For Mongolian citizens and Mongolian companies (TUG)	Mining license fees (USD)
1	New licenses	1,000	400	250,000	1,000
2	License transferring	2,000	2000	1,500,000	5,000
3	Extensions of license’s term	1,000	1,000	1,000,000	2,000
4	License pledging	1,500	1,500	1,000,000	2,000
5	Transferring a license under pledge agreement	1,500	1,500	1,000,000	2,000
6	Surrendering a license	100	75	50,000	500
7	Bordering issues	600	350	250	500
8	Mislaid license	300	200	200,000	250
9	Additional application	500	200	200,000	1,000

*25 percent of the company asset is invested by foreign investment

Accelerated service fees:

Service	Duration	Additional fee ( Actual fees are not included ) (TUG)
Extension of an exploration license	Application should be processed 29 days before expiration date	1,000,000
Extension of a mining license	Application should be processed 15 days before expiration date	2,000,000
Pledging a license	In 3 working days	1,000,000
Mislaid license	In 3 working days	250,000

Application and service fee payment information

Transaction meaning	Names of Banks	Account number
License fee ( in USD)	Golomt bank	1141000903
License fee (in TUG)	Turiin san Bank	900000712
Service fee (in USD)	Golomt bank	1141000895
Service fee (in TUG)	Turiin san Bank	900018004