The draft Bill No. 33-13 on mines has introduced new mining titles, namely the exploration authorization offering investors the possibility to develop exploration programs over large areas.
The Ministry of Energy, Mines, Water and Environment dusts its legislation. In fact, the reform and modernization of the legislative and regulatory framework governing the mining sector seems to be one of the priority projects of the Department of Energy and Mines. Along these lines, it has released to members of the government, through the website of the General Secretariat of the Government (SGG), a bill on mines.
Thus, the entry into force of this project, repealing the current mining regulations dated 16 April 1951, will be likely to give a new impetus to the mining industry given the benefits it provides to both domestic investors that foreigners.
As such, the project is the revitalization of the mining exploration and research in order to identify new deposits while ensuring sustainable development of the national mining industry.
Therefore, according to the introductory note to the bill, the main measures introduced by it consist in extending the scope of the mining legislation to all mineral substances for industrial use, excluding materials construction and civil engineering remain governed by the text on careers. In the same vein, the draft also introduced new mining titles, namely the exploration authorization offering investors the possibility to develop exploration programs over large areas.
Furthermore, and on another front, the draft text introduced the operating license dumps and land provided for enrichment and / or recovery of masses consisting of releases and waste products from mines. Further still, the Department did not fail to include provisions relating to natural or artificial cavities for underground storage of natural gas, liquid hydrocarbons, liquefied or gaseous, or chemicals for industrial use.
Note that the environmental component is not far behind. Indeed, the draft has provisions concerning the impact assessment on the environment and the abandonment to provide to undertake mining level.