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Indonesia; Portugal: Energy, Mineral Resources MOU Signed

(Sept. 25, 2014) The Office of the Prime Minister of Portugal issued a statement announcing that on September 19, 2014, the country signed a memorandum of understanding with Indonesia in the area of energy and mineral resources. The MOU provides for the creation of a working group to identify opportunities for investment in the sector. […]

Guinea: Mining Code Amended

(July 31, 2013) The transitional Parliament of Guinea (Conseil National de Transition, CNT) adopted Law L/2013/053/CNT on April 8, 2013, which amends the Mining Code, Law L/2011/006/CNT. The President promulgated the new Law on April 17, 2013, by Presidential Decree D/2013/075/PRG/SGG. (Amendments to the Guinean Mining Code, Norton Rose Fulbright website (June 2013); Albert Atangana, […]

Poland: Draft Proposals Completed on Hydrocarbon Tax Law and Amendment to Geology and Mining Law

(Apr. 8, 2013) It was reported on March 3, 2013, that Poland’s Ministry of Finance had completed a draft hydrocarbon taxation proposal. The proposal sets forth tax rates for natural gas and oil extraction. It stipulates that extractive industries will be subject to an overall tax rate of 39% on extractions from shale deposits and […]

Zimbabwe: Mines and Minerals Law to Be Amended

(Apr. 13, 2012) On April 5, 2012, Zimbabwe's Mines and Mining Development Ministry announced plans to finalize an amendment to the country's Mines and Minerals Act. The revised provisions are intended to promote investment as well as sustainable development. Minister Obert Mpofu's statement indicated that the new version of the law will guarantee security of […]

Indonesia: Businesses Object to Ministerial Decree on Export of Natural Resources

(Mar. 7, 2012) On February 9, 2012, Indonesia's Ministry of Energy and Mining Resources [ESDM] issued a regulation that will ban the export of some raw materials. (Peraturan Menteri ESDM No.07 Tahun2012 Tentang Peningkatan Nilai Tambah Mineral Melalui Kegiatan Pengolahan dan Pemurnian Mineral [Ministerial Regulation of the ESDM, No. 7, 2012, Concerning Adding Value to […]

Uganda: Parliament Considering Petroleum Bill

(Feb. 10, 2012) On February 8, 2012, the Ugandan government tabled the Petroleum (Exploration, Development and Production) Bill, 2012, which, if enacted, will give effect to § 244 of the Constitution of the Republic of Uganda, 1995 (Text, Embassy of the Republic of Uganda in Washington, D.C. website (last visited Feb. 9, 2012)) and replace […]

Solomon Islands: Government Endorses Mining Revenue Transparency Initiative

(Sept. 13, 2011) The Solomon Islands Minister of Finance and the Treasury, Gordon Darcy Lilo, announced that the government had endorsed the Extractive Industries Transparency Initiative (EITI) at a regional conference held in Dili, Timor-Leste, from August 25-27, 2011. (Solomon Islands Endorses EITI, SOLOMON TIMES ONLINE (Aug. 29, 2011).) The EITI “sets a global standard […]

Guinea: New Law on Mining in the Offing

(Apr. 28, 2011) On April 26, 2011, Reuters reported that the Government of the Republic of Guinea is gearing up to issue a new mining law (hereinafter the draft Code) which, among other things, seeks to substantially increase the government's stake in mining projects in the country, tighten application procedures for mining concessions, give tax […]

Mongolia: Extension of Temporary Suspension of Granting of Mineral Exploration Licenses

(Feb. 17, 2011) It was reported on February 11, 2011, that the Mongolian Parliament has approved legislation on mining, initiated by the country's President, Tsakhia Elbegdorj, extending the term of application of the law on temporary suspension of new mineral exploration licenses for another couple of months, to April 30, 2011. A draft version of […]

Mongolia: Provisions on Ninja Mining

(Dec. 23, 2010) It was reported on December 10, 2010, that Mongolia's Ministry of Mineral Resources and Energy has been instructed to implement the government's order to regulate artisanal or “ninja” mining. Ninja mining is wildcat or unauthorized small-scale mining, typically by hand, so called because the miners wear their green plastic pans on their […]