Drc Mining Regulations

Mining 2020 Laws and Regulations Congo D.R. ICLG

The ICLG to: Mining Laws and Regulations covers common issues in mining laws and regulations including the mechanics of acquisition of rights, foreign ownership and indigenous ownership requirements and restrictions, processing, beneficiation in 28 jurisdictions.

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Congo mining code regulations signed into law: aides Reuters

2018-06-09· Regulations to implement Congo's new mining code have been signed into law with no changes, advisers to the prime minister told Reuters on Saturday, despite objections from mining

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Democratic Republic of Congo Mining & Environmental Law

The primary minerals legislation in the DRC is the Mining Code 2002 (MC), which was substantially amended in 2018, and the Mining Regulations 2003 (MR), though new Mining Regulations are soon to be promulgated as part of the country’s ongoing reform of the regulatory framework. The text introducing the 2018 amendments states that reform of

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Democratic Republic of Congo reforms Mining Code

The implementing provisions of the Mining Regulations are currently under discussion with the State and major mining operators in the DRC. These provisions must be adopted within 90 days after publication of the new law (MC) (art. 334 MC revised). The MC is now applicable to all mining conventions (art. 340 MC revised).

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Democratic Republic of Congo to revisit changes to mining

2017-07-26· BMI Research a unit of the Fitch Group states the Democratic Republic of Congo will introduce modifications to the country's mining regulations in the coming months. It points out this is not the result of a broader uptick in populist Democratic Republic of Congo government policy. The current

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Mining industry of the Democratic Republic of the Congo

The Mining industry of the Democratic Republic of the Congo is a significant factor in the world's production of cobalt, copper, diamond, tantalum, tin, and gold. It is the Democratic Republic of the Congo's largest source of export income. In 2009, the Democratic Republic of the Congo (DRC) had an estimated $24 trillion in untapped mineral deposits, including the world's largest reserves of

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DRC completing new mining regulations, ignoring companies

Kinshasa — The Democratic Republic of Congo’s (DRC) mines ministry said it was completing work on new regulations, as a draft document showed the government has so far ignored companies’ key

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DEMOCRATIC REPUBLIC OF CONGO

REGULATIONS THE PRESIDENT OF THE REPUBLIC: Whereas the Constitutional Decree-Law no. 003 of 27 May1997 pertaining to the organisation and the exercise of powers in the Democratic Republic of Congo, in particular the second paragraph of section 5 ; Whereas the Mining (Code) Act 007/2002 of 11 July 2002, in particular, sections 9 [a], 326 and 334

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Official Document Of the Democratic Republic of Congo

45. Mining Regulations: Set of measures implementing the provisions of the present Code, enacted by Decree of the President of the Republic; 46. Mine Tailings: The sterile or material rejected from the mining exploitation or any solid or liquid residue deriving

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The DRC is revisiting its mining code. Why reform is long

2017-06-28· The government of the Democratic Republic of the Congo (DRC) recently announced plans to reintroduce the shelved changes to the country’s mining code.. The current mining

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Congo, Democratic Republic Mining and Minerals export.gov

Congo, Democratic Republic Mining and MineralsCongo (DR) Mining and Minerals This is a best prospect industry sector for this country. Includes a market overview and trade data. Last Published: 7/20/2017. Overview The DRC’s mining sector presents a high-return opportunity. The country has a unique position with substantial untapped gold, cobalt and high-grade copper

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DRC mining regulations drafted as expected International

2018-05-16· Detailed regulations drafted for implementation of the new DRC mining code have been finalised, but have made limited concessions to the requests of large mining companies in the country, Reuters has reported.. The draft of over 700 pages recently circulated by the Ministry of Mines reportedly retains the windfall tax and the “special tax on excess profits”, despite

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DRC Mining Regulations drafted as expected ITSCI

2018-05-16· Reuters reported that the commission set up to draft detailed regulations to implement the new DRC mining code has completed its work with limited concessions to the requests of large mining companies in the country. The 700+-page draft which has been circulated by the Ministry of Mines reportedly retains the windfall tax and the “special []

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Big miners arrive in the DRC to go over new mining code

2018-03-15· Big miners operating in the Democratic Republic of Congo took President Joseph Kabila’s word seriously. Less than a week ago, Kabila signed into law a new mining code that raises royalties and

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Republic of Congo Mining & Environmental Law & Regulations

REPUBLIC OF CONGO (CONGO-BRAZZAVILLE) MINING REGULATION. GENERAL. The Republic of the Congo (Congo-Brazzaville) is located in Central Africa, with Gabon bordering the west, Cameroon to the northwest, the Central African Republic to the northeast and the Democratic Republic of Congo the east and south.

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Democratic Republic of Congo reforms Mining Code

2018-03-28· Executive summary. The Democratic Republic of Congo’s (DRC) law n°18/001 of 9 March 2018, reforming the Mining Code (MC), was assented to by the President on 9 March and published in the Official Gazette on 28 March 2018.. The implementing provisions of the Mining Regulations are currently under discussion with the State and major mining operators in the DRC.

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Ivanhoe notes possible changes to DRC mining laws

TSX-listed Ivanhoe Mines has taken note of proposed changes to the mining code in the Democratic Republic of Congo (DRC). Lawmakers in the DRC have reportedly voted in favour of new mining laws

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DRC Mining Code draft regulations complete, but industry

Major mining companies operating in the Democratic Republic of Congo (DRC) remain hopeful that meaningful changes can still be made to the 2018 Mining Code.

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DRC revises mining code to capitalise on cobalt boom eNCA

2018-01-17· KINSHASA As demand for batteries drives a surge in the price of cobalt, the Democratic Republic of Congo is gearing up to overhaul its mining regulations to harvest more profit from the coveted

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The Mining Law Review Edition 8 TLR -The Law Reviews

The Mining Law Review Edition 8, The Mining Law Review is designed to be a practical, business-focused ‘year in review’ analysis of recent changes, developments and their effects, and a look forward at expected trends. The first part of the book is divided into 19 chapters, each dealing with mining in a particular jurisdiction. The second part of the book has three chapters

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Miners Face Sudden Cost Increases After Bloomberg

2018-01-31· The Democratic Republic of Congo canceled contract guarantees and hiked a key royalty in sweeping last-minute changes to a mining law that will have immediate financial costs for every mining

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Democratic Republic of Congo to revisit changes made to

2017-07-27· The government of the Democratic Republic of Congo (DRC) recently announced plans to reintroduce the shelved changes to the country’s mining code. The current mining code, introduced in 2002, was based on a draft prepared under the auspices of the World Bank. Its primary objective was to relaunch the industrial mining sector following the Congo

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Legislation Embassy of the Democratic Republic of Congo

The mining sector in the Democratic Republic of Congo is regulated by Law No. 007/2002 of 11 July 2002 on the Mining Code and Decree No. 038/2003 of 26 March 2003 on Mining Regulations. The new Code performs a classification of mineral deposits in mines and quarries. It’s precise that the President of the Republic may declassify or reclassify

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DRC REGULATIONS CMA DXN

DRC Government Bans Copper And Cobalt Concentrates April 2013 DRC has banned exports of copper and cobalt concentrates. The export ban is intended to encourage more value-added production in Congo, according to an order from the country's mining ministry. Dated April 5, it

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DRC Archives ITSCI

DRC Mining Regulations drafted as expected. May 16, 2018. Reuters reported that the commission set up to draft detailed regulations to implement the new DRC mining code has completed its work with limited concessions to the requests of large mining companies in the country. The 700+-page draft which has been circulated by...

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A new mining code for the DRC Insights DLA Piper

2018-08-10· The Democratic Republic of Congo (DRC)'s new mining code was signed into law by President Joseph Kabila on 9 March 2018. This article reviews some of the more ambitious modifications to the previous code, which was in place from 2002.

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Is the Democratic Republic of Congo’s New Mining Fiscal

2018-11-22· It should be read jointly with our initial report on the DRC’s mining code reform, the mining code itself and its regulations. All quantitative analyses are based on Excel-built fiscal models updated and published on resourcedata. Our four main conclusions are: The new mining code aims to increase the economic and tax benefits to the

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Congo DRC : Highlight of the New Mining Code and PPP

Two major reforms relating to the new Mining Code and Public Private Partnerships have been voted and will be promulgated and applicable shortly in Democratic Republic of Congo (DRC). Below are the highlights of these two reforms[1].

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New DRC Mining Code comes into effect, still a cause for

2018-06-08· Regulations to immediately implement a new Mining Code in the Democratic Republic of Congo will be signed into law today. This follows the announcement that Congolese President Joseph Kabila would sign into law a new Mining Code that will raise royalties on minerals across the board in March this year.. The new Mining Code increase royalties on copper from 2% to 3.5%, on gold from

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Mining industry to seek confirmation of existing 10-year

2018-03-16· Ivanhoe Mines joining with industry in commencing detailed discussions with the DRC Government to reach agreement on regulations to be implemented under the DRC’s 2018 mining code

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