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Mining Investment Law approved by Resolution No.216 of 2004 issued by Royal decree No. M/47 of 2004.

Country/Territory
Saudi Arabia
Document type
Legislation
Date
2004
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Basic legislation Minerals Mining Exploration Maritime zone Continental shelf Natural gas Authorization/permit Registration Inspection Monitoring EEZ-Exclusive Economic Zone Protection of environment Royalties/fees
Geographical area
Asia, Middle East, Near East and North Africa, Persian Gulf, Red Sea & Gulf of Aden, Western Asia
Entry into force notes
This Law enters into force 90 days after its publication in the Official Gazette.
Abstract

This Law consisting of 72 articles provides for the extraction of all natural mineral deposits including quarry raw materials. It includes the State’s land territory, inland waters, territorial sea, exclusive economic zone, continental shelf as well as its onshore and offshore territory. Excluded from the provisions of this Law are: (i) petroleum, natural gas and derivatives; (ii) pearls, corals and similar organic marine substances. Responsible body for supervising and applying the Law is the Ministry of Petroleum and Mineral Resources. License issued by the Ministry are necessary for the following: reconnaissance; exploration; material collection; and exploitation, the latter divided into: mining; raw material quarry; small mine; and building materials quarry. Article 8 deals with the areas excluded from the application of the Law, either land or maritime areas.

Full text
English/Arabic
Website
www.boe.gov.sa

References - Legislation

Repealed by

Mining Investment Law approved by Resolution No.634 of 2020 issued by Royal Decree No. M/140 of 2020.

Legislation | Saudi Arabia | 2020

Keyword: Mining, Protection of environment, EIA, Basic legislation, Business/industry/corporations, Special fund, Sustainable development, Access right, Exploration, Minerals, Monitoring, Inspection, Registration, Offences/penalties, Authorization/permit, Royalties/fees, Hazardous waste, Waste management, Sustainable use

Source: FAO, FAOLEX