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The process of acquiring a mining Concession Contract requires amongst other things, the Company to present and fulfill a Social Management Plan and the National Mining Agency to complete a Concertation seeking the approval of local authorities, followed by a Public Hearing with local communities.

The Political Risks of Mining – Risk Management

Evidently, this can lead to a host government seeking to renegotiate concession agreements, ranging from a simple review of their mining agreements to an outright expropriation. While most companies have the ability to assess and manage technical and commercial risks, many cannot adequately predict or deal with political risks.

For Miners, Increasing Risk on a Mountain at the Heart of ...

For Miners, Increasing Risk on a Mountain at the Heart of Bolivia’s Identity. ... Mr. Alave has an ownership stake in the cooperative that owns the mining concession, but he employs a younger ...

Mining Lawyer Chile - Tips for Completing a Mining Legal ...

Chile offers many invest opportunities for mining. When deciding to invest in the Chilean mining industry or acquiring a mining concession, it is recommended you explore the use of due diligence services before making your investment. Read this article for some vital tips on completing a mining due diligence in Chile!

Speculators risk losing mines - Zimbabwe Situation

Source: Speculators risk losing mines | The Herald Minister Chitando Ishemunyoro Chingwere Business Reporter Government has set in motion a process that will see mining title holders who have been holding onto minerals infested claims without developing them, losing the properties as efforts to ramp up production heat up. This comes as Government is working …

Concession | Meaning of Concession by Lexico

‘The desire to control mining concessions by the use of proxy forces also appears to motivate the Rwandan government.’ ... they are in the process of either acquiring resources, concessions or companies that control these resources and concessions.’ ... They have to take a risk averse view; They have to take a risk adverse view; You ...

SPECIAL REPORT | Zimbabwean mining: The companies and ...

Zimbabwe’s Ministry of Finance expected the mining sector to fall by as much as 12.3% in 2019, with a recovery of 4.7% projected in 2020. Despite concern over the sector, 2020 will be a key year for many of the companies operating in Zimbabwean mining, with several investment projects expected to move into development stages during the year.

The Blood Rubies of Montepuez – Foreign Policy

The Blood Rubies of Montepuez Some 40 percent of the world’s rubies lie in one mining concession in Mozambique, where a troubling pattern of violence and death contradicts the claim of ...

Gifurwe Concession - Wolfram Mining and Processing Ltd

Gifurwe is a concession that produces Tungsten (Wo3) On 15th November 2006 a "Contract for acquiring mining concessions" was concluded between the government of Rwanda and Wolfram Mining Processing Ltd. The purpose Of the Contract was to explore and run mining operations within a permit named "Gifurwe".

Vizsla Resources

With a team of experienced natural resource professionals, Vizsla Resources Corp. (TSX-V:VZLA) is focused on growing shareholder value by exploring, developing and acquiring precious and base metal assets. The Company recently announced its Panuco Silver-Gold project located in one of the largest, most important historic mining districts in Mexico.

Law on Mining Concessions - Wikipedia

The Chilean Organic Constitutional Law on Mining Concessions (Spanish: Ley Orgánica Constitucional sobre Concesiones Mineras) distinguishes two types of mining concessions exploratory concessions and exploitation concessions. The law was submitted in August 1981 by Augusto Pinochet to the Government Junta which was the legislative body of the dictatorship.

Risks in mineral mining on a concession basis

The article is devoted to the problem of systematization of risks that arise in the transfer of mineral deposits to investors for development under concession. The authors substantiate the need for state participation in the construction of infrastructure projects necessary for the involvement in development of hard-to-reach mineral deposits.

Large mining taxpayer partially successful in former R&D ...

A long running former R&D tax concession case, ... Large mining taxpayer partially successful in former R&D tax concession claim. ... The mere argument that a disproportionate benefit may arise compared to the risk incurred cannot displace the meaning of the statute as expressed by its text.

ROYAL ROAD MINERALS RECEIVES NEW 30 YEAR MINING CONCESSION ...

The process of acquiring a mining Concession Contract requires amongst other things, the Company to present and fulfill a Social Management Plan and the National Mining Agency to complete a Concertation seeking the approval of local authorities, followed by a Public Hearing with local communities.

Concession Agreement Definition - Investopedia

A concession agreement is a contract between a company and a government, or other property owner, to operate a business in a particular location. ... Risk Management Markets News ... from mining ...

The Blood Rubies of Montepuez – Foreign Policy

The Blood Rubies of Montepuez Some 40 percent of the world’s rubies lie in one mining concession in Mozambique, where a troubling pattern of violence and death contradicts the claim of ...

LA MINING IN AFRICA GUIDE - Werksmans

GUIDE TO MINING LAW IN AFRICA 2015 Mining in Africa is an integral and important part of the continent's economy. Many mining projects suffer extreme risks and difficult decisions and sound mining law is integral for an investment decision. The basic essence of mining law in most African countries is similar, being a

Brazil Mining & Environmental Law & Regulations ...

Brazil offers a curious mix of comfort and caution for the miner. There is comfort in the perpetual right of ownership once a mining concession has been awarded, yet the discretion over the right to mine, the obligation to have financing in place on the concession application and the perpetual state influence over mining operations should be considered carefully before an investment is made or ...

What Is An Acquiring Bank? | Merchant Maverick

In a nutshell, the acquiring bank acts as a go-between with the customer’s financial organization to ensure funds are transferred. In doing so, the acquiring bank assumes some financial risk (that’s where the acquiring bank fees come in.) We’ll talk more about security, disputes, and more in an upcoming section.

KPMG GLOBAL MINING INSTITUTE Guinea

2 | Guinea mining guide Executive summary Guinea has some of the world’s largest high-grade bauxite and iron ore reserves, but has been largely unable to benefit from its mineral resources, due to sustained instability, political risks and lack of infrastructure.

Risks in mineral mining on a concession basis

The article is devoted to the problem of systematization of risks that arise in the transfer of mineral deposits to investors for development under concession. The authors substantiate the need for state participation in the construction of infrastructure projects necessary for the involvement in development of hard-to-reach mineral deposits.

Royal Road Minerals Receives New 30 Year Mining Concession ...

The process of acquiring a mining Concession Contract requires amongst other things, the Company to present and fulfill a Social Management Plan and the National Mining Agency to complete a Concertation seeking the approval of local authorities, followed by a Public Hearing with local communities.

Speculators risk losing mines | The Herald

Speculators risk losing mines. 13 Mar, 2020 ... He said in one province there was an entity which has been holding a rich mining concession since the 1970s and all they do is, every year, pay ...

Risk Allocation, Bankability and Mitigation in Project ...

Key risks that arise are the decision by a government to cancel a project or to change the terms of the contract or not to fulfil its obligations, political or regulatory risk in failing to implement the tariff increases agreed upon in the contract, the risk of expropriation or nationalization of project assets by a government.

Beny Steinmetz Group Resources must publicly address ...

Beny Steinmetz Group Resources must publicly address questions over Guinea mining concession. ... acquiring mining rights with the sole intention of selling them on. ... saying that “any allegations of impropriety are without foundation” and that “unjustified attacks are putting at risk a joint venture worth many billions of dollars and ...

MINING AND TREASURE IN MEXICO - Mexico Law Mining

MINING AND TREASURE IN MEXICO . Choose one or more: The Law, Federal Mexican Mining Law, The Beneficial Plant Concession, The Exploration Concession, The Exploitation Concession, National Mining Reserves, Expropriation, Treasure, Taxes. The Law: Per the Federal Mexican Constitution, the Federal Mexican Government owns and holds all the mineral and petroleum resources located under the surface ...

CONTRACTUAL ARRANGEMENTS FOR URANIUM EXPLORATION AND MINING

concession agreement discussed above. Advantage for the government are: it owns the production bf the mining operation, without making any investment, or taking risks, - it carries out the marketing for its share of production, either within the country, if there is a need for uranium, or on foreign markets; which means the country retains the

Financial reporting in the mining industry International ...

issues faced by mining companies with the heavy demand for capital and risks faced by the industry driving more cooperative working relationships. We look at some of main developments in this context with a selection of reporting topics that are of most practical relevance to mining companies’ activities. The new standards on

LA MINING IN AFRICA GUIDE - Werksmans

GUIDE TO MINING LAW IN AFRICA 2015 Mining in Africa is an integral and important part of the continent's economy. Many mining projects suffer extreme risks and difficult decisions and sound mining law is integral for an investment decision. The basic essence of mining law in most African countries is similar, being a

Concession Agreement Definition - Investopedia

A concession agreement is a contract between a company and a government, or other property owner, to operate a business in a particular location. ... Risk Management Markets News ... from mining ...

‘Our territory is our life’: one struggle against mining ...

The mining site recently discovered by the A’I Cofan upriver from Sinangoe. Photograph: Nicolas Mainville/Amazon Frontlines The new mining site is in a concession awarded to one Celso Amable ...

Four Strategies for Making Concessions - Harvard Business ...

Four Strategies for Making Concessions "Concessions are often necessary in negotiation," says HBS professor Deepak Malhotra.. → → → ...

Minerals & Mining Law - wpc

To many people, the laws governing exploration for minerals on public domain lands and leasing of federal minerals may seem arcane. The principal means of acquiring mining rights on federal lands is location of mining claims under the Mining Law of 1872.

Confiscation of Exton Cubic’s Bauxite Concession Can Cause ...

Confiscation of Exton Cubic’s Bauxite Concession Can Cause Dangerous Political Risk in the Mining Business in Ghana – Solomon Owusu Advises President Akufo Addo. By Solomon K. A. Owusu. Solomon K. A. Owusu. ... put the country on a high global mining investment risk index and fend off current and potential future investors in the business.

Traffic Risk Mitigation in Highway Concession Projects

concession was pegged to a fixed target of ‘Required Cumulative Real Revenue’ (Foice, 1998). Thus a figure was established in 1989 prices, which, once collected from toll income, would end the concession. Another similar experience is the Lusoponte concession in Portugal, which was Traffic Risk Mitigation in Highway Concession Projects ...

MERN - Mining leases and concessions

This publication outlines the conditions for granting and renewing a mining lease, the rights and obligations for holders of mining leases and concessions, the necessary authorizations and requirements for submitting a mine site rehabilitation plan, and the terms and conditions for subdividing the land surface.

LA MINING IN AFRICA GUIDE - Werksmans

GUIDE TO MINING LAW IN AFRICA 2015 Mining in Africa is an integral and important part of the continent's economy. Many mining projects suffer extreme risks and difficult decisions and sound mining law is integral for an investment decision. The basic essence of mining law in most African countries is similar, being a

Concession | Meaning of Concession by Lexico

‘The desire to control mining concessions by the use of proxy forces also appears to motivate the Rwandan government.’ ... they are in the process of either acquiring resources, concessions or companies that control these resources and concessions.’ ... They have to take a risk averse view; They have to take a risk adverse view; You ...

Mining News

TORONTO, Oct. 14, 2019 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported that it has suspended all construction activities on its Kirazli project pending the renewal of its Turkish mining concessions which expired on October 13, 2019.Although the mining concessions have not been revoked and can be renewed following this expiration date ...

What Is a Concession?

A concession is a selling group's take as per a stock or bond underwriting agreement. The calculation of compensation is the difference between what the public pays for the securities and what the ...

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