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Ministerial Decree No. 697 validating the Regulation on revoking combined licences to explore and extract minerals on federal land.

Country/Territory
Russian Federation
Document type
Regulation
Date
2008
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Exploration Minerals Authorization/permit Mining
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Abstract

This Ministerial Decree sets forth the modalities for revoking the right to use federal land to explore and extract minerals under a combined licence. Combined licences shall apply to exploration, prospecting and mining. Prospecting and mining on federal land shall be subject to government approval following a geological survey of the land. In the event mineral deposits are discovered on federal land under a combined licence that includes the participation of foreign investors, the Government may revoke the licence where it may present a national security risk.

Full text
Russian
Website
www.garant.ru