New Serbia mining law 2016 to simplify permits and licenses
With new mining law exploration fee for oil drilling will remain at its unusual low level of 7%, compared with world practice of 20-30%. The new mining law will simplify the procedures for obtaining permits and licenses.
The new mining and geology research will simplify procedures for research and exploration of mine projects will be adopted by end of 2015 stated Mirjana Filipovic state secretary in Ministry of mining and energy.
Remains unclear will the exploration fee will be increased or remain at the same low level. However Filipovic stated that ministry is planning to revise the mining fees in the new law.
The purpose of the new mining law is ease the access for new investors in mining sector with new procedures for all permits and licenses with maximum time frame of 12 months but also introduced the fees payment per rates
Latest Posts
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
- Europe, Mining key minerals without destroying nature
Popular Post
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago
- How valuable is Kosovo’s mineral wealth?
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- What Are The Major Natural Resources Of Macedonia?
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
- Investment in Czech lithium project approved by European Metals shareholders
- Vimetco NV Aluminium Romania Alro reputation challenged with electricity court case
- Canadian mining companies in Europe & ISDS
- FinnAust Mining expands copper-gold-zinc licenses in Finland