Government Issues Second List of Clean and Clear Mining Concessions
Following on from the initial list of Clean and Clear mining concessions issued in July 2011, the Ministry of Energy and Mineral Resources on 28 February 2012 issued a second list of mining concessions which have successfully passed the Ministry's Clean and Clear verification process.
Any mining company listed on the 2011 or this recent Clean and Clear list is obliged to submit, within 60 days, the following documents in order to obtain a Clean and Clear certificate from the Ministry:
- for exploration companies, proof of payment of the previous year's dead rent payments; and
- for companies in production, copies of the complete exploration report and feasibility study, evidence that the relevant environmental approvals have been obtained and proof of payment of dead rents and production royalties for the past years.