The new Mining Regulation have introduced three types of mining titles:
It is valid for 2 years and renewable once for the same period, for an area between 100 and 600 SqKm. Applicants must first conclude a contract with the administration detailing the intended exploration and investment activities.
It is valid for three years for an area of 16 SqKm and renewable only once for four years, subject to a program detailing at least the planned expenditures and research works. Unlike other mining jurisdictions, the area covered by the permit is not reduced upon renewal.
Works program : Obligation to start works within one year following the granting of the permit and to continue works on a regular basis.
Works opening statement : The declaration of commencement of works must be sent to the relevant Regional Directorate and the local competent authorities.
Mining Licence or operating licence
Any discovery of a deposit, within the perimeter of a research permit, confers to the holder of this permit the exclusive right to apply for an exploitation license related to the perimeter of this discovery, provided that the application is filed before the expiry of the period of validity of this permit. It is valid for a period of 10 years and renewable successively for periods of 10 years until the reserves are depleted.