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Part B: Mineral Rights - Part B-5: Development Minerals - 31. Development Minerals Exploitation Licence | 31.2 Requirements for Licence Applications

In addition to the usual requirements for application for an exploitation right, an applicant is required to submit a development or industrialization impact plan which considers the local, national, or regional development impacts of the exploitation of the mineral, including plans for local value addition and beneficiation. Just as the completion of standard application forms are aimed at simplifying the application and reviewing processes, it is recommended that guidelines are provided for preparing the development/industrialization impact plan to facilitate compliance and comparison

31.2 Example 1:

Article [_]

An application for a large-scale development mineral exploitation licence shall include the following:

(a) A completed application form (where applicable);

(b) Particulars of incorporation;

(c) Particulars of technical capacity to undertake the proposed mineral activity;

(d) Particulars of financial capacity to undertake the proposed mineral activity;

(e) Feasibility study report in accordance with prescribed guidelines;

(f) [Development/industrialization] impact plan in accordance with prescribed guidelines;

(g) Applicable fee

Annotation

This example provides the complete list of documentation or information required to be submitted by an applicant for a mining right, including the recommended development/industrialization impact plan.

31.2 Example 2:

Article [_]

In addition to the requirements for application of a mining lease as provided in [_] of this Law, an application submitted by an applicant for a large scale development minerals exploitation licence shall include a development/industrialization impact plan.

Annotation

In this example, it is assumed that the provisions of the law already require certain documents or information to be provided and only the recommended development/industrialization impact plan is to be provided by an applicant for a development mineral.