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Presidential Decree No. 190/15 authorizing the Mining Investment Agreement for Primary Diamonds Deposits exploitation in the Concession area of Luaxe.

Country/Territory
Angola
Document type
Regulation
Date
2015
Source
FAO, FAOLEX
Original source
Diário da República, I Série, No. 136.
Subject
Mineral resources
Keyword
Mining Concession Zoning Exploration Contract/agreement Minerals Authorization/permit
Geographical area
Africa, Central Africa, Least Developed Countries, South Atlantic
Entry into force notes
This Presidential Decree enters into force on the day of its publication.
Abstract

This Presidential Decree, consisting of 6 articles, authorises the Mining Investment Agreement for the prospecting, research and recognition of Primary Diamonds Deposits in the Concession area of Luaxe. In addition, it signes the Operating Agreement between the following companies: Endiama Mining, Alrosa, the Artcon, the LLI, Odebrecht, Makakuima Limited, and Polyus Gold, on presentation of the Feasibility Study Technical and Economic, being the Minister's authorized Geology and Mines to issue the relevant Titles for the Prospection and Exploration as well as authorizations that may be deemed necessary for the efficient execution of mining operations.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Implements

Law No. 31/11 approving the Mining Code.

Legislation | Angola | 2011

Keyword: Basic legislation, Minerals, Classification/declassification, Mining, Environmental planning, Research, Exploration, Authorization/permit, Policy/planning

Source: FAO, FAOLEX