21 mining sector analysts attend seminar sponsored by USAID

Altogether 21 Mongolian financial analysts participated in a seminar last month on Economic and Financial Analysis of Mining Developments and Fiscal Regimes sponsored by USAID/Mongolia’s Economic Policy Reform and Competitiveness (EPRC) project. Facilitated by Dr. Robert Conrad, Associate Professor from Duke University, the seminar aimed to strengthen the skills of analysts to build the most beneficial financial and economic models for mineral projects in Mongolia. The participants received hands-on experience of analyzing and modeling various exploration and mineral extraction investment agreements, in addition to discussing how to manage the revenue that will accrue from the government’s participation in these.



The participants included analysts from the Ministry of Mineral Resources and Energy, the Ministry of Finance, MON-ATOM LLC, Erdenes-MGL, the Parliament Research Center, the National Development and Innovation Committee, and the Parliament Research Center. Professionals skilled in the analysis, negotiation, and implementation of investment agreements and mineral revenue management will be increasingly in demand as Mongolia moves forward with several large mining projects.