Showing posts with label mining. Show all posts
Showing posts with label mining. Show all posts

Thursday, August 20, 2015

Mining laws of United States


The US is a world leader in the production of many important mineral commodities, including copper, pig iron and uranium. National mining legislation includes the National Mining Act 1872, the Surface Mining Control and Reclamation Act 1970s, the Federal Land Policy and Management Act 1976. The Office of Surface Mining regulates surface coal mining. The Mine Safety and Health Administration regularly inspects coal mines... More: Mining laws of United States

Tuesday, August 18, 2015

Mining laws of Tajikistan


















Tajikistan has over 400 explored mineral deposits, containing 70 types of minerals. The JORC code is used for the resource reporting, and the Law on Precious Metals and Stones is the national mining legislation... More: Mining laws of Tajikistan


Monday, August 17, 2015

Mining laws of South Africa


South Africa is the world's largest producer of chrome, manganese, platinum, vanadium and vermiculite. Related mining laws include the SAMREC code, the Mine Health and Safety Act 1996, and the Minerals and Petroleum Resources Development Act 2002... More: Mining laws of South Africa

Thursday, August 13, 2015

Mining laws of Russia

















Taken together Russia’s extractive industries constitute 33% of Russia’s GDP. The NAEN Code for the Public Reporting of Exploration Results, Mineral Resources, and Mineral Reserves is used as the national reporting standard... More: Mining laws of Russia

Tuesday, August 11, 2015

Mining laws of Mongolia

















The Mongolian State Professional Committee on Mineral Resources ("MSPCMR") and the Committee for Mineral Reserves International Reporting Standards ("CRIRSCO") have formed a joint working group to develop a Mongolian Code for Public Reporting Standard for Exploration Results, Mineral Resources and Mineral Reserves in Mongolia that is compliant with the CRIRSCO template. At present Mongolia’s national mining legislation consists of the 2006 Minerals Law (replacing the 1997 Minerals Law), and Nuclear Energy Law 2009 (regulating uranium exploration and mining)... More: Mining laws of Mongolia


Monday, August 10, 2015

Mining laws of Phillipines

















The Philippines is the fifth most mineral-rich country in the world for gold, nickel, copper, and chromite.  The Tampakan copper-gold mine,  located in the Southern Philippines, is the largest undeveloped copper-gold resource in the South-East Asia Western-Pacific region. The Philippines’ Mines and Geosciences Bureau has estimated that the country has an US$840 billion worth of untapped mineral wealth.  Resource reporting in the Philippines is carried out using the Philippine Mining Reporting Code. Mineral exploration, development, utilization and conservation is governed by The Mining Act (1995)... More: Mining laws of Phillipines

Sunday, August 9, 2015

Mining laws of Kyrgyzstan














Under Kyrgyzstan law all mineral resources, minerals, except widespread common mineral resources such as mortar sand, limestone, gravel, etc. are owned by the state. Kyrgyzstan does not have a consolidated mining law. Instead a mining activities are regulated by a variety of laws and regulations including, but not limited to, Kyrgyzstan’s Constitution, The Land Code, The Law on Subsoil, The Law on Concessions and Consession Enterprises and the Law on Production Sharing Agreements in Subsoil Use... More:  Mining laws of Kyrgyzstan

Thursday, July 23, 2015

Mining laws of Kazakhstan

Kazakhstan's classification system for resources and reserves quite different from recognized international systems such as Australia's JORC Code and Canada’s N1 43-101. Kazakhstan still uses the former Soviet system which categorizes minerals according to the degree to which they have been explored and substantiated (A, B, C1, C2 and P1, P2, P3) on an economic value basis: e.g. "balance reserves" (commercial reserves) and "off balance" (lacking commercial potential). Reserves are subject to approval by the State Reserves Commission without which extraction cannot be started... More: Mining laws of Kazakhstan


Wednesday, July 22, 2015

Mining laws of European Union

















The regulation of the mining sector within E.U states is primarily the responsibility of member states themselves. However, the EU has adopted some legislation specific to mining including the environmental impact of mining (especially waste and groundwater), as well as occupational health and safety. The E.U has also enacted laws restrict the importation of certain ‘conflict’ mineral into the E.U.  As there is no such thing as a common EU mining legislation, each member state specific legislation is of importance to govern mining safety standards in the EU... More: Mining laws of European Union

Tuesday, July 21, 2015

Key mining legislation of Myanmar

Myanmar has abundant resources of gemstones, gold, silver, amber, antimony, and copper sulphate. Myanmar’s key mining legislation comprises the Myanmar Mines Law No.8/94 and  the Ministry of Mines Notification No.125/96 (more commonly known as the Mining Rules) are outdated. A new draft Mining Law is expected to be introduced in 2015 or 2016... More: Key mining legislation of Myanmar

Monday, July 20, 2015

Key mining Legislation of China


China is the world's leading producer of coal, gold, and most rare earth minerals. However, the country has limited resources for certain commodities, such as high-quality metallurgical coal and nickel. Historically, China’s mining sector has been fragmented, however the Government in recent years the Government has encouraged consolidation to improve efficiency, safety and environmental compliance.  China’s mineral resource and reserve classification system is in the process of being revised to be more in-line with international standards. China’s key mining legislation includes the Mineral Resources Law of the PRC, the Catalogue for Guidance of Foreign Investment in Industry, and China's Policy on Mineral Resources (2003) ... More: Key mining Legislation of China

Sunday, July 19, 2015

Mining laws of Chile

Chile's greatest natural resource is its abundance of copper. Chile also has the world's largest deposits of nitrate, which was the country's major source of export income before copper. Chilean Mining Law is regulated by the Chilean Constitution, the Organic Constitutional Law of Mining Concessions, the Chilean Mining Code together with other complementary laws and regulations.  The mining sector is overseen by the Ministry of Mines and the National Service of Geology and Mining. No restrictions are imposed on foreign investment in the Chilean mining sector... More: Mining laws of Chile

Thursday, July 16, 2015

Mining laws of Canada













There is no consolidated Canadian Mining Law. Mining is largely regulated through legislation enacted at a provincial or territorial level. , National Instrument 43-101 (t"NI 43-101") is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. National Instrument 43-101 is broadly comparable to the Joint Ore Reserves Committee Code (JORC Code) which regulates the publication of mineral exploration reports on the Australian Stock Exchange …… More: Mining laws of Canada

Wednesday, July 15, 2015

Mining laws of Australia

















Mining Laws of Australia
Mining is a significant primary industry and contributor to the Australian economy. Each of Australia’s States and Territories has its own legislation regulating the exploration for and production of onshore minerals. The Department of Industry and Science has policy responsibility for a number Australia's mineral commodities  including, bauxite, alumina and aluminium, coal diamonds (rough), gold and copper, iron ore, lead and zinc, mineral sands and rare earth, nickel and uranium. Related laws include the JORC Code, the Queensland Mineral Resources Act 1989, the New South Wales Mining Act 1992, the South Australia – Mining Act 1971, the Western Australia Mining Act 1978, the Tasmanian Resources and Development Act 1995, and the Northern Territory of Australia - Mining Management Act.  

Wednesday, July 1, 2015

Charltons’ Memberships and Affiliations – mining and natural resources

Charltons’Memberships and Affiliations – mining and natural resources
Charltons is a member of the associations dedicated to the study of mineral and petroleum resources law including The Australian Mineral and Petroleum Law Association and  and the Hong Kong Mining Investment Professionals Association (HKMIPA)...


Monday, June 1, 2015

Mining Spin-Offs

Mining Spin-Offs can potentially give rise to a number of unique issues.  The board and senior management team of the spun-off company may be required to establish to the Exchange’s satisfaction that, taken together, they have a minimum of 5 years’ experience relevant to the exploration and/or extraction activity that the spun-off mineral company is pursuing. Members of the parent company’s Board and senior management are likely to have to join the spun-off entity... More: Mining Spin-Offs

Monday, May 4, 2015

Advising sponsors and borrowers on the legal aspects of mining project financing

We are experienced in advising sponsors and borrowers on the legal aspects of mining project financing. We have advised leading PRC and international natural resource companies on their debt offerings. We are also always happy to help junior miners, who may be unfamiliar with the debt financing option, better understand the process so they can make the right choice as to what financing model best suits them... More: Advising sponsors and borrowers on the legal aspects of mining project financing