Mining Titles

Reconnaissance Licences

Rights conferred A reconnaissance license confers its holder the right to search for one or several minerals in all zones not covered by already other mining title.
Allocation Variable: National direction of Mines, or by the Ministry of Mines, etc…
Validity, renewal Generally 3 months renewable one or more time.

Prospecting Permits

Rights conferred Prospecting permits confer on their holders the exclusive right to prospect for minerals for which the permit is issued.
Area and form Variable according to countries, it can be of 500 km2 for industrial prospecting permits and 16 km2 for semi-industrial permits.
Allocation Variable: National direction of Mines, or by the Ministry of Mines, etc…
Validity Generally 3 years for industrial permits and 2 years for semi-industrial permits.
Renewal Generally renewable 1 to 2 times for lower durations.
Program of work A program of work is defined at the time of the delivery of mining titles as well as the minimum financial effort that the company will have to carry out each year.
Disposal of products Holders of prospecting permits have the right to dispose freely of all products extracted in the course of the prospecting.

Operating Permits

Rights conferred An operating permit confers its holders the exclusive right to search, prospect, develop and freely dispose of the mineral substances for which it is issued, within the limits of its perimeter and without limitations of depth.
Area and form The area for which operating permits are issued is defined in the constitutive order. It is limited to the deposits as designated in the feasibility studies.
Allocation Variable: National direction of Mines, or by the Ministry of Mines, etc…
Validity Generally 10 years for industrial permits and 5 years for semi-industrial permits.
Renewal Generally renewable 1 to 2 times for lower durations.
Disposal of products Holders of operating permits have the right to dispose freely of all products extracted.

Mining Concession

Rights conferred Concession confers its holders the exclusive right to carry out all kinds of prospecting and development of deposits of minerals substances for which the concession is granted, within the limits of its perimeter, and without limits of depth.
Area and form The area for which concession permits are issued is defined in the constitutive order. It is limited to the deposits as designated in the feasibility studies.
Allocation Variable: National direction of Mines, or by the Ministry of Mines, etc…
Validity Generally 25 years.
Renewal Generally renewable 1 to 2 times for lower durations.
Disposal of products Holders of concession have the right to dispose freely of all products extracted.
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