RE: Mining licence21 Oct 2024 12:51
Do you honestly think HE1 would go this far, of they haven't got all their ducks lined up, and with the help of SLB as well, top global technology company? Dear oh dear! but remember folks, HappyDazes knows best!
"MINING LICENSE
A mining license confers on the holder the exclusive right to carry on mining operations in the mining area for minerals specified in the license, and is granted for operations for which the capital investment is between USD 100,000 and USD 100 million. It is granted for a maximum initial period of 10 years and may be renewed once for a period not exceeding 10 years. An application for renewal should be made not later than six months prior to expiry of the license and must be accompanied by the prescribed fee and tax clearance certificate issued by the tax authority in respect of operations to be conducted during the renewal period.
The conditions that may apply to the holder of a mining license include the following:
The right to enter into the mining area and undertake mining operations;
The right to erect equipment, plant and buildings;
To dispose of the minerals recovered;
To carry out prospecting within the mining area;
To stack or dump any waste in accordance with the environmental management plan;
To pay royalties, taxes and other charges;
To implement the proposed plan for relocation, resettlement of and payment of compensation to people within the mining areas if they are occupied by surface rights holders; and
To employ and train citizens of Tanzania and implement a success"
from the link I posted at the weekend.