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Mining Act.

Type of law
Legislation
Date of original text
Date of latest amendment
Source


Abstract
Mining rights, mandatory for mining operations from exploration to exploitation, refining and so on, are denied to foreign individuals and Companies. Mining lease amd mining rights may be transfereed to others. Mining rights shall have a 25 years validity and shall apply to quadrilateral mining areas, whose boundaries must be exactly defined and reported in mining charts. Land deemed as prospect mining area shall be expropriated and compensation paide to landowner.
Notes
This Act is consolidated with following amendments: Law No. 3357, 29 January 1981; Law No. 3640, 31 December 1982; Law No. 3755, 15 December 1984; Law No. 4541, 6 March 1993; Law No. 4748, 24 March 1994; Law No. 4755, 24 March 1994.
Repealed
No
Source language

English

Legislation Amendment
No