Executive Decree No. 199/12 on the contract for diamonds secondary deposit exploitation between ENDIAMA-E.P, KCC, YANGO and AM & BC (Project CAPUNDA).
Country
Type of law
Regulation
Abstract
This Decree establishes a 5-year duration contract for diamonds secondary deposit exploitation between ENDIAMA-E.P., KCC Lda, YANGO Lda and AM & BC Lda, so called Project CAPUNDA. This Contract, consisting of 9 Chapters, divided into 79 clauses and 6 Annexes, creating an Association between the Parts, in order to perform mining rights, such as: prospection, research and recognition of secondary deposit diamonds. This concession has been released to ENDIAMA, within the area of 3.000 km. in Capunda Region, Municípalities of: Luquembo and Nahera, Provinces of Malanje and Bié, according to the maps attached in Annex A. The rights of participation for the members of the Association are the following: a) ENDIAMA 32%, b) KCC 10%, c) YANGO 10%, d) AM & BC 48%.
Attached files
Web site
Date of text
Notes
This Executive Decree has been repealed by Executive Decree No. 117/19 of 8 May 2019.
Repealed
Yes
Serial Imprint
Diário da República, I Série, No. 105.
Source language
English
Legislation Amendment
No
Original title
Decreto Executivo n. 199/12 - Homologa o Contrato de Associação em Participação para Prospecção, Pesquisa e Reconhecimento de Depósitos Secundários de Diamantes entre a ENDIAMA-E. P., a KCC, Lda, a YANGO, Lda e a AM & BC, Lda, denominado Projecto CAPUNDA.
Implements