drc mining regulations

DRC Mining Regulations drafted as expected - ITSCI

2018-5-16  DRC Mining Regulations drafted as expected May 16, 2018 Reuters reported that the commission set up to draft detailed regulations to implement the new DRC mining code has completed its work with limited concessions to the requests of large mining

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drc mining regulations - mvttc

drc mining regulations. Kabila causes miners Congo upset as DRC reforms mining laws. Tensions between mining companies and the DRC government over mining rights have persisted for years with the last revisions to the mining code having taken place in 2002. Since then President Joseph Kabila signed a new mining code into law on 9 March following ...

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drc mining regulations - kokeneteke.be

The legal system of the DRC is civil law-based and the mining industry is regulated through national legislation, regulations issued by the DRC parliament and the DRC executive branch. The main legislation that the mining industry comes under the control of is the Mining Code (adopted in 2002) and the ancillary Mining Regulation, adopted in 2003.

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Mining Law 2021 Laws and Regulations Congo - D.R. ICLG

2020-10-9  Congo - D.R.: Mining Laws and Regulations 2021 ICLG - Mining Laws and Regulations - covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions.

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DRC REGULATIONS - CMA CGM

2011-11-15  DRC Government Bans Copper And Cobalt Concentrates – April 2013 DRC has banned exports of copper and cobalt concentrates. The export ban is intended to encourage more value-added production in Congo, according to an order from the country's mining ministry. Dated April 5, it includes a 90-day grace period.

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Drc Mining Regulations - motorradurlaubowl.de

2020-4-27  Drc: mining multi-nationals get deal.There is potentially enormous mineral wealth in the drc.The local authorities boast of its liberal mining regulations. Abcg Mining Biodiversity In Drc Workshop Abcg mining biodiversity in drc workshop.Practices in drc's mining sector in order to.Instituted by the mining code and regulations that were ...

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MINING – Embassy of the Democratic Republic of Congo

The mining sector in the Democratic Republic of Congo is regulated by Law No. 007/2002 of 11 July 2002 on the Mining Code and Decree No. 038/2003 of 26 March 2003 on Mining Regulations. The new Code performs a classification of mineral deposits in mines and quarries.

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THE DEMOCRATIC REPUBLIC OF CONGO’S REVISED MINING

2018-4-25  On 9 March 2018, President Joseph Kabila signed into law significant changes to the Democratic Republic of Congo’s (“DRC”) mining code (the “Revised Code”). 1 The Revised Code, which amends the 2002 Mining Code 2 (the “2002 Mining Code”), was adopted by both houses of Parliament on 27 January 2018 and came into force upon publication in the Official Journal on 28 March 2018.

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DRC Mining Code: Addressing the elephant in the room

2019-9-4  Key points of the new Mining Code. Exploitation licences reduced from 30 to 25 yearsand renewable only once. State’s non-dilutable equity stake increasesfrom

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Congo - DRC : Highlight of the New Mining Code and PPP ...

2018-2-2  Congo - DRC : Highlight of the New Mining Code and PPP Reform to be Promulgated Shortly. Clyde Co LLP Democratic Republic of Congo February 2 2018 Two major reforms relating to the new Mining...

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DRC REGULATIONS - CMA CGM

2011-11-15  DRC Government Bans Copper And Cobalt Concentrates – April 2013 DRC has banned exports of copper and cobalt concentrates. The export ban is intended to encourage more value-added production in Congo, according to an order from the country's mining ministry. Dated April 5, it includes a 90-day grace period.

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THE DEMOCRATIC REPUBLIC OF CONGO’S REVISED MINING

2018-4-25  Authors: Peter Leon, Bertrand Montembault and Paul Morton INTRODUCTION On 9 March 2018, President Joseph Kabila signed into law significant changes to the Democratic Republic of Congo’s (“DRC”) mining code (the “Revised Code”). 1 The Revised Code, which amends the 2002 Mining Code 2 (the “2002 Mining Code”), was adopted by both houses of Parliament on 27 January 2018 and came ...

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The Law Reviews - The Mining Law Review

2021-5-7  The implementing measures of the New Mining Code are set forth in the Mining Regulations adopted in June 2018. 3. The DRC is a member of several international organisations, including the World Trade Organization, the World Bank Group, the Multilateral Investment Agency, and the International Centre for Settlement of Investment Disputes.

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Understanding DRC’s new mining law power play: Will the ...

2018-4-19  The Democratic Republic of Congo adopted a new Mining Code, but industry and government are at loggerheads over taxation. Last month, the Democratic Republic of Congo (DRC) enacted a law to revise the country’s 2002 Mining Code.. While the law improves environmental and social provisions, revisions to the fiscal regime – long considered relatively favorable to investors –

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Democratic Republic of Congo: Revision of the Mining Code ...

2019-10-7  Decree no. 18/024 of 8 June 2018, modifying and completing the Decree no. 038/2003 of 26 March 2003, on the mining regulations.↩ As per Decree

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Congo - DRC : Highlight of the New Mining Code and PPP ...

2018-2-2  Two major reforms relating to the new Mining Code and Public Private Partnerships have been voted and will be promulgated and applicable shortly in Democratic Republic of Congo (DRC

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First-step analysis: mining in Democratic Republic of ...

2020-6-3  The mining industry is regulated through national legislation and regulations issued by the DRC parliament and the DRC executive branch and mainly by the new Mining

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Is the Democratic Republic of Congo’s New Mining Fiscal ...

2018-11-22  It should be read jointly with our initial report on the DRC’s mining code reform, the mining code itself and its regulations. All quantitative analyses are based on Excel-built fiscal models updated and published on resourcedata.org. Our four main conclusions are: The new mining code aims to increase the economic and tax benefits to the ...

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Democratic Republic of the Congo ASM

The DRC mining sector holds abundant natural resources, high reserves of gold estimated at approximately 750 tonnes in proven reserves. 24 tonnes was produced in 2014. DRC is the second largest diamond producer with approximately 700 million carats in proven reserves.

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DR Congo Highlights 2015 - Deloitte

2021-5-24  Basis a mining company if certain conditions are – The DRC operates a source-based tax system. Resident and nonresident corporate entities are subject to tax on income derived from activities carried out in the DRC. Taxable income – pricing: Congolese companies must make Corporate income tax is levied on a company's gross income, less

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DRC REGULATIONS - CMA CGM

2011-11-15  DRC Government Bans Copper And Cobalt Concentrates – April 2013 DRC has banned exports of copper and cobalt concentrates. The export ban is intended to encourage more value-added production in Congo, according to an order from the country's mining ministry. Dated April 5, it includes a 90-day grace period.

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The Law Reviews - The Mining Law Review

2021-5-7  The implementing measures of the New Mining Code are set forth in the Mining Regulations adopted in June 2018. 3. The DRC is a member of several international organisations, including the World Trade Organization, the World Bank Group, the Multilateral Investment Agency, and the International Centre for Settlement of Investment Disputes.

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Resource Global Network DRC mining code regulations ...

2018-6-12  Regulations to implement the Democratic Republic of Congo’s new mining code have been signed into law with no changes, despite complaints from top mining firms operating in the country. DRC’s Prime Minister Bruno Tshibala’s advisor Patrick Mutombo Buzangu told Reuters that the regulations were signed into law on Saturday.

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A new mining code for the DRC Insights DLA Piper ...

2018-8-10  The Democratic Republic of Congo (DRC)'s new mining code was signed into law by President Joseph Kabila on 9 March 2018. This article reviews some of the more ambitious modifications to the previous code, which was in place from 2002.

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THE DEMOCRATIC REPUBLIC OF CONGO’S REVISED MINING

2018-4-25  Authors: Peter Leon, Bertrand Montembault and Paul Morton INTRODUCTION On 9 March 2018, President Joseph Kabila signed into law significant changes to the Democratic Republic of Congo’s (“DRC”) mining code (the “Revised Code”). 1 The Revised Code, which amends the 2002 Mining Code 2 (the “2002 Mining Code”), was adopted by both houses of Parliament on 27 January 2018 and came ...

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Africa Mining: DRC Mining Code draft regulations complete ...

2018-5-16  Major mining companies operating in the Democratic Republic of Congo (DRC) remain hopeful that meaningful changes can still be made to the 2018 Mining Code. The DRC commission established to draft the regulations to effect the mining code has officially completed its work.

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Legislation – Embassy of the Democratic Republic of Congo

Hydrocarbon Legal Framework. The DRC oil and gas sector was until recently governed by Ordinance-Law No. 81-013 establishing general legislation on mines and hydrocarbons, as modified by Ordinance-Law n°82-039 dated 5 November 1982 and Law n°86-008 dated 27 December 1986 (the Mines and Hydrocarbons Law).However, since 2002, the mining sector has been governed by a separate mining

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Is the Democratic Republic of Congo’s New Mining Fiscal ...

2018-11-22  It should be read jointly with our initial report on the DRC’s mining code reform, the mining code itself and its regulations. All quantitative analyses are based on Excel-built fiscal models updated and published on resourcedata.org. Our four main conclusions are: The new mining code aims to increase the economic and tax benefits to the ...

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Congo, Democratic Republic of the - United States ...

Nevertheless, the new regulations in the mining code and the law on subcontracting are perceived as discriminatory and punitive by foreign investors. The GDRC authority on business standards, the Congolese Office of Control (OCC), oversees foreign businesses engaged in the DRC.

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Republic of Congo - Clifford Chance

2011-2-18  In practice, the DRC's participation, through Gécamines, in mining companies holding exploitation permits is usually around 17% to 20%, noting that Gécamines is required to pay for any participation above the 5% free carry. Moreover, the Mining Code provides investors with a guarantee of stability regarding the terms of investments (stabilisation

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