Mining leases for example, include the Prospect Lithium Zimbabwe licence. An Ordinary Prospecting Licence gives one the right to prospect in a province of their choice. For example, if one obtains the licence in Mashonaland West, they can only prospect in that province only. A Special Prospecting Licence gives access to prospect …
Zambia intends to revoke the mining licenses of Mopani Copper Mines (MCM), a subsidiary of Glencore, as the firm did not give sufficient notice before suspending its mining operations due to the coronavirus Covid-19 crisis. Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive …
BISHKEK -- Kyrgyzstan's parliament is debating whether to revoke the operating license of a foreign-owned gold-mining company following accusations that the firm has been damaging the environment.
The Federal Government has revoked 924 inactive mining licenses, alleging that miners have facilitated a black market for acquiring mining Login; Register ... Alake stated that the measure was implemented to stop "license racketeering," a practice where companies or individuals acquire titles of mineral-rich areas and then sell them to the ...
"For revoked Mining Licenses, a fine of N10m applies; N7.5m for Small Scale Mining License (SSML) while N5m for Exploration License (EL). They will be required to make the payments within 30 days to qualify for …
The Federal Government through the Ministry of Solid Minerals Development has revoked 1,633 minerals titles previously given to non-complying …
Amid protests and the failed referendum, Panama legislators passed a bill that originally sought to revoke First Quantum's contract, but ended up banning all future mining concessions, including ...
A recent survey by EY Mining & Metals found that more than half of global mining companies believe that licence to operate, or acceptance and permission from …
Mining licences held by international companies may be revoked and awarded to local companies, artisanal miners or individuals under economic empowerment legislation that seeks to repatriate national resource wealth.
Mining Cadastre The implementation of Mining Cadastre Administration System (MCAS) at the Minerals Commission seeks to improve and strengthen current levels of compliance checks and license administration procedures and practices. READ MORE Industry Statistics Monthly statistics of Gold produced and transported by the various mining …
Kyrgyz government moves to revoke Stans Energy's licence for rare earth mine and plant that was the main global source of heavy REEs during the Soviet era. Kyrgyz Republic seizes Stans Energy rare ...
Mining licence revocations: How to manage the risks 1 Mining licence revocations: How to manage the risks A brief guide to protecting mining investments, from contract structuring through to dispute resolution Why are mining licences revoked? There are a number of reasons why host country governments cancel or otherwise intervene in …
Legal experts consulted by MINING.COM say that using a new law to revoke the previous law backing the contract (Law 406), could give First Quantum the right to take Panama's government to ...
The minister also claimed that before he took the decision to revoke the license, he, by a letter dated 16 February 2023 informed the mining company that the technical report and the reports regarding exploration work, mineral resources and mining methods were copied from the work of others.
Monrovia – Shortly after his election last November, President Joseph Boakai promised that his administration will take a close look at mining concessions to ensure they benefit Liberia. In the President's view, Liberians have not benefited from the mining sector, despite the country's rich mineral reserves, including diamonds, gold, iron ore and …
Reporting from Abuja, Al Jazeera's Ahmed Idris said the Nigerien Ministry of Mining had warned it would revoke Orano's licence if development of the mine had not started by June 19.
HOW TO OBTAIN A MINING LICENSE. Firstly to start any business in mining other than buying and selling, one has to obtain a Prospecting License. After prospecting, one can apply for; I. an Exploration License; or II. a Mining Lease for proven deposits; or III. a Location License for proven deposits and ownership local or Joint
The mine's licence, first awarded in 1997, was renewed in April for a decade and includes a provision to give 2% percent of profit to the local community, according to the company's website.
The Ministry of Energy and Mineral Resources (ESDM) is urged to revoke the operational licesnes of PT Sorikmas Mining (SM), a gold mining company, following the neglect of its working license. ... SM is known to have acquired the mining business license in Mandailing, Natal since February 19, 1998, from the ESDM Ministry. ...
The mining licenses have been revoked after a series of evaluations since June 2021, which show several violations committed by mining companies holding the licenses, ranging from failure to submit an annual work plan and budget, not carrying out operational activities or transferring IUPs to other companies.
The Serbian Constitutional Court said in a ruling on Thursday that the government's decision in 2022 to revoke Rio Tinto's (ASX, LON, NYSE: RIO) spatial plan permit for the Jadar lithium mine ...
The French company had planned to operate the field without starting production in 2015, but the military junta that took power in July 2023 warned that it would revoke the company's operating license if mining work was not started at the field in question within three months from March last year.
President Laurentino Cortizo said locals will decide on Dec. 17 whether to revoke the controversial ... New contract awarding a 20-year extension to First Quantum's mining license has led to ...
Mining contributes 3.5% to the gross domestic product of Tanzania, which is Africa's third-largest gold producer. The government, however, wants to increase that piece of the pie to 10% by 2025 ...
The agreements, covering sustainable raw materials and battery supply chains, came only a week after Serbia's top court ruled that Belgrade's decision to revoke Rio Tinto's licence for the ...
Feb 18 (Reuters) - Canada-listed gold miner SSR Mining, opens new tab said late on Sunday that its environmental permit for a gold mine in eastern Turkey has been revoked.
Ethiopia has revoked 27 idled mining licenses and sent warnings to three companies as the government looks to kick-start development of its vast mineral resources, a key part of its efforts to ...
Nigerian govt revokes 1,633 mining licences "In line with the powers conferred on me by the Nigerian Minerals and Mining Act 2007, Section 5 (a), I have approved the revocation of the 1,633 ...
The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) says it is considering revoking licences of oil exploration leases that are yet to be used by oil companies. In an interview with Reuters, CEO of NUPRC, Gbenga Komolafe, said the commission would soon initiate reviews of the abandoned leases, while awarding…
The Australian Financial Review questioned the miner, which neared a $4.6b valuation in 2022, over a January 28 ministerial decree related to its Manono mining licence.
