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The Company has interests in several mining and prospecting concessions in Tanzania that are at various stages of development ranging from early stage exploration projects to active commercialization and include seven copper mining licenses in the Kilosa District, four limestone mining licenses in Iringa Region, 14 prospecting licenses ...
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Zambia has started revoking the more than 600 mining licences for the mines which have remained dormant for some time. Mines and Mineral Development .
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Mining permits are not transferable. They are aimed at controlling prospecting and mining, having regard to considerations for health and safety, environmental management and the responsible extraction of minerals. A mining permit is valid for the period specified on the permit, but may not exceed two years.
What regulates mining law? The primary law governing the mining sector in Zambia is the Mines and Minerals Development Act No. 11 of 2015 of the Laws of Zambia (MMDA) as read together with The Mines and Minerals Development (Amendment) Act No. 14 of 2016.
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Perceptions that the taxes and fees for mining in Zambia is attractive does not necessarily mean the fiscal rates are themselves attractive (and vice versa) as investors tend to view taxes and fees in a broader context of risks to existing framework including its historical volatility and expectations regarding future changes, the possibility ...
Feb 24, 2015· The Mines and Minerals (Development and Regulation) Act, 1957 regulates the mining sector in India and specifies the requirement for obtaining and granting mining leases for mining operations. The Bill adds a new Fourth Schedule to the Act. It includes bauxite, iron ore, limestone and manganese ore and are defined as notified minerals.
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