Mongolia Mining Sector Technical Assistance Project

Résumé*

The objective of the Mining Sector Institutional Strengthening Technical Assistance Project for Mongolia for this first phase of support is to assist the Government to develop further the policy, fiscal, legal, regulatory and institutional framework for the mining and extractive sector that meets the needs of government, industry, and civil society. This includes the operation of Erdenes MGL LLC according to good international practice associated... Voir plus

Objectif de développement

The Project’s objective is to establish key pieces of the policy, fiscal, legal, regulatory and institutional framework for the mining and extractive sector that meets the needs of the public sector, industry, and civil society.

Clé Détails

Projet Détails

Numéro du Projet
P108768
État
Closed
Chef d’équipe
Bryan Land
Emprunteur 2
Ministry of Finance

Pays
Mongolie
Date de divulgation
14 mars 2008
Date d'approbation
(à la date de présentation au Conseil)
26 juin 2008
Date d'entrée en vigueur
4 mai 2009

Coût total du projet 1
USD 10.30 millions
Organisme d'exécution
Ministry of Finance
Région
Asie de l’Est et Pacifique
Approbation FY 3
2008

Montant engagé
USD 9.30 millions
Catégorie Environnementale
B
Date de dernière mise à jour
16 octobre 2023
Date de clôture
31 décembre 2015

Dernière étape atteinte
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Approval FY” is the World Bank’s fiscal year in which the project was approved (or dropped if the status is dropped). The fiscal year is from July 1 - June 30. For example, July 1, 2020 - June 30, 2021 is FY21.

Secteurs

Thèmes

FY17 - Economic Policy

FY17 - Fiscal Policy9%
- FY17 - Tax policy9%

FY17 - Private Sector Development

FY17 - Business Enabling Environment33%
- FY17 - Regulation and Competition Policy33%

FY17 - Public Sector Management

FY17 - Public Administration42%
- FY17 - Transparency, Accountability and Good Governance42%
FY17 - Public Finance Management18%
- FY17 - Domestic Revenue Administration9%
- FY17 - Public Expenditure Management9%

Project Map

Interactive Map

Finances

Plan De Financement (Millions De Dollars)

Org. De Financement	Engagements
IDA Credit	9.30
Borrower/Recipient	1.00

Financement total du projet (USD millions)

Type de produit/service	BIRD/IDA
Engagement BIRD	N/D
Engagement IDA	9.30
Engagement BIRD + IDA	9.30

Instrument de prêt
Élément don	N/D
Coût total du projet**	10.30

État récapitulatif du financement de la Banque (USD millions) au 31 mars 2025

Pas de données disponibles.

Activité financière détaillée au 31 mars 2025

Pas de données disponibles.

Ratings

EXÉCUTION DU PROJET

Name	Review	Date
Overall Safeguards Rating	Moderately Satisfactory	2016-06-03
Counterpart Funding	Satisfactory	2016-06-03
Project Management	Satisfactory	2016-06-03
Procurement	Satisfactory	2016-06-03
Progress towards achievement of PDO	Moderately Satisfactory	2016-06-03
Financial Management	Satisfactory	2016-06-03
Monitoring and Evaluation	Satisfactory	2016-06-03
Overall Implementation Progress (IP)	Moderately Satisfactory	2016-06-03
Overall Safeguards Rating	Moderately Satisfactory	2016-06-03

FIN D’EXÉCUTION DU PROJET

INDICATEUR	BILAN DE FIN D’EXÉCUTION ET DE RÉSULTATS: 03-31-2017
Résultats	Moderately Unsatisfactory
Risques pour les résultats de développement	Substantial
Performance de la Banque	Moderately Satisfactory
Performance de l'emprunteur	Moderately Satisfactory
Performance de l’État	Moderately Satisfactory
Organisme d'exécution	Substantial

NOTATION DE L’ÉVALUATION INDÉPENDANTE

INDICATEUR	EXAMEN RFE: 12-22-2017	RAPPORT D’ÉVALUATION RÉTROSPECTIVE DE PROJET:
Évaluation Des Résultats	Moderately Unsatisfactory	N/a
Risques Pour Les Résultats De Développement	Substantial	N/a
Performance De La Banque	Moderately Satisfactory	N/a
Performance De L'emprunteur	Moderately Unsatisfactory	N/a
Performance De L’état	Moderately Unsatisfactory	N/a
Organisme D'exécution	Moderately Unsatisfactory	N/a
Qualité Des Rfe	Substantial	N/a
Qualité Du Suivi-évaluation	Modest	N/a

Cadre de résultats

INDICATEURS DES OBJECTIFS DE DÉVELOPPEMENT DU PROJET

INDICATEUR		NIVEAU DE RÉFÉRENCE	EN COURS	OBJECTIF

Annual Budget decisions to replenish or withdraw from newly established Sovereign Wealth Fund are made based on agreed Macroeconomic criteria	Valeur	None	Fully Achieved. Fiscal Stabiltiy Law adopted in 20	Criteria agreed and implemented in Budget framewor
	Date	26 juin 2009	23 mai 2016	31 décembre 2013
	Observation

Level of mining related transfers from national government to Aimag and Soum authorities is known and publicly disclosed.	Valeur	Not currently disclosed	Fully achieved. Integrated Budget Law of Dec 2011	Disclosed and discussed/monitored by citizen group
	Date	26 juin 2009	23 mai 2016	31 décembre 2013
	Observation

Mining Tax Audits are completed and assessments raised	Valeur	none currently	Fully Achieved. 2 audits completed; guidelines and	Minimum of two audits completed
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Clear authority and responsibilities for Government mining sector management institutions, especially regarding environmental and social aspects associated with mining activities.	Valeur	Roles confused resulting in gaps and conflicts	Fully Achieved. Functional management review of Mo	Institutional roles clarified in line with clearly
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

mineral licensing procedures streamlined and processing times reduced Valeur 4-6 months Fully Achieved. Mineral Licencing processing is co 2 months
Date 26 juin 2009 23 mai 2016 31 mars 2015
Observation

Geological information is digitized and published and readily available in user friendly digital formats.	Valeur	very limited, no digital geochemistry	Target not met. MSISTAP financed an institutional	200,000 data points digitised
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Companies and civil society participate in consultation for pieces of legislation and regulation for mining sector through public fora arranged by the government.	Valeur	No data availabe.	Fully achieved. Companies and Civil society partic	Consultations taking place for policy, each piece
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

INDICATEURS DE RÉSULTATS INTERMÉDIAIRES

INDICATEUR		NIVEAU DE RÉFÉRENCE	EN COURS	OBJECTIF

Ministry of Mining policies reviewed and revised	Valeur	Some work has been undertaken to review the Minist	Fully Achieved. New Mineral Policy formally adopte	Government adopts recommendations in the form of p
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Modern company reporting requirements regulations are prepared, promulgated, implemented, and monitored	Valeur	Reporting exists in regulations but needs modifica	Almost achieved -Mining law updated in July 2014 a	regulations issues and passed
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Provision of management-related and governance related training events to build capabilities needed within Erdenes MGL.	Valeur	no systemic capacity building	Achieved	Management-related and governance related training
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Sovereign Wealth Fund or alternative revenue stabilisation mechanism established	Valeur	Mongolian Development Fund in place but deficient	Fully Achieved. Soverign Wealth Fund established i	New Fund Operational
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Preparation of Draft Model Mineral Development Agreement	Valeur	First draft prepared	Partially Achieved. Production Sharing Agreement d	Draft Model PSA and Mining Agreements consistent w
	Date	26 juin 2009	23 mai 2016	31 décembre 2013
	Observation

Support establishment of mechanisms for preparation and dissemination of independent professional mining sector economic and policyreports.	Valeur	No policy unit serving Prime Minister	Fully Achieved. Several reports produced by a rese	Produce first report
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Modern Mining cadastre regulation adopted and promulgated	Valeur	Regulations under preparation	Fully Achieved. Mining law revised in July 2014 wh	Mining Cadastre is in use and has public access an
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Income tax laws on mining amended and supporting regulations drafted	Valeur	Income tax law for mining deficient	Fully Achieved - Windfall profit tax law of 2006 r	Final modifications to tax laws submitted to Parli
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Options study prepared on double taxation treaties	Valeur	Treaties exist but Government dissatisfied with op	Fully Achieved	Work completed ondouble taxationtreaties –Gover
	Date	26 juin 2009	23 mai 2016	31 décembre 2013
	Observation

GDNT tax audit staff trained and competent to carry out mining company tax audits	Valeur	no staff trained to international standards	Fully Achieved; tax audit department received mult	10 staff trained of which 2 are leading mining tax
	Date	26 juin 2009	23 mai 2016	31 mars 2015
	Observation

Modern occupation, health and safety regulations are prepared, promulgated, implemented and monitored.	Valeur	Regulations exist but require update and moderniza	Partially Achieved. Mining law adopted, regulation	Legislation passed, authorities actively monitorin
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Strategic environmental & social assessment undertaken, areas for improvement in social (including gender) & environmental regulation identified, recommendations made for updating laws	Valeur	Limited	Fully Achieved. SESA completed in December, 2014.	Results presented, Government responding to key fi
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Modern mine closure and post closure regulations are prepared and promulgated	Valeur	law and regulations require closure planning but n	Partially achieved -- TA provided (jointly with BG	Modern mine closure and post closure regulations a
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Erdenes MGL financial reports are provided quarterly to the Board of Directors.	Valeur	not systemic reporting	Fully Achieved	Financial reports are provided quarterly to the Bo
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Establishment of appropriate legal structure and preparation and adoption of suitable corporate charter and reporting arrangements for Erdenes MGL	Valeur	EMGL was established in 2007	Achieved in 2010	Appropriate legal structure and preparation and ad
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation

Consultation with a range of stakeholders including civil society, community members and the private sector undertaken as part of asocial and environmental strategic assessment process.	Valeur	Limited	Fully Achieved.	SESA Consultation process completed. Working local
	Date	28 mars 2014	23 mai 2016	31 mars 2015
	Observation