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Mining News

Impact of the amendment of the Legal Guarantee of Stability in respect of Existing Mining Projects in the DRC

The Government of the Democratic Republic of Congo (DRC) commenced the review process in respect of its Act No. 007/2002 of 11 July 2002 on Mining Code (Mining Code) in 2012. The process eventually culminated in the promulgation by the President of the Republic of the act amending the Mining Code (“Amending Act”)[2]. As promulgated, the Amending Act contains provisions which considerably affect the fiscal, customs and exchange regimes of the Mining Code and a number of critical provisions for the protection of existing mining Projects, in particular, Article 276 related to the Guarantee of Stability (“Legal Guarantee of Stability”)[3]. In this analysis, we will first...

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New Exploitation License for Mining Operators in the DRC

New Exploitation license (environmental): new requirement for mining operators in the DRC Esther-Rose LUFUTA BIDUAYA and Eric TSHIMANGA MUKENDI The consideration of environmental issues by the International Community, and its consequences on the life quality, with tangible effects, including reduction in biodiversity, soil, air and water pollution, has urged the International Community to adopt multilateral environmental agreements, which obligate the working-out of national laws, policies, plans and programs to regulate and supervise mankind's activities and to mitigate their impact on the environment, which is the common heritage of all human beings, presents and futures. In accordance with these agreements and the DRC Constitution (« DRC »)...

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South Africa: Amendment of Mine Health and Safety Act (No. 29 of 1996)

Michele da Silva da Mata and Fulgence Kalema In South Africa, the Mine Health and Safety Act, 1996 (Act No. 29 of 1996) as amended (“the act”), providing for the protection of the health and safety of employees and other persons affected by the South African mining industry has been amended. The current amendment is related to Chapter 11 of the Regulations in terms of act. The exit certificate in section 17 must include details regarding a least the following: particulars of mine, particulars of employees and exit medical summary. The Mine Health and Safety Inspectorate was established in terms of the...

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DRC postpones ban on export of copper and cobalt concentrates

DRC’s ban on export of copper and cobalt concentrates postponed until December 31, 2013 Jonathan van Kempen and Fulgence Kalema Bwatunda. On April 5, 2013, the Minister of Mines of the Democratic Republic of the Congo (“DRC”), jointly with the Minister of Finance, enacted Inter-Ministerial Decrees No.122/CAB.MIN/MINES/01/2013 and No.782/CAB.MIN/FINANCES/2013 on the regulation of export of merchant products (“Decree”) which raised strong opposition from the mining industry in the DRC and negatively impacted share prices of several listed mining companies active in the DRC. The Decree banned the export of copper and cobalt concentrates while giving a 90-day moratorium to mining operators who still hold...

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Guinea: Enactment of law amending the Mining Code of 2011

New perspectives for the mining sector in Guinea: enactment of the law amending the Mining Code of 2011 Emery Mukendi Wafwana, Paul Fortin and Michael Diakité.  This April 17, 2013, His Excellency Professor ALPHA CONDE enacted, by decree D/2013/075/PRG/SGG, the Law L/2013/053/CNT adopted by the National Transitory Parliament (Conseil National de Transition “CNT”) on April 8, 2013, amending certain provisions of the Law L/2011/006/CNT on the new Mining Code for the Republic of Guinea of September 9, 2011. The Law L/2013/053/CNT of April 8, 2013 revises certain important provisions of the new Mining Code adopted on September 9, 2011 whose execution was suspended since...

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Gabon: Council of Ministers adopts draft law on mining sector

 Nady Mayifuila and Marie Josée Ongo Mendou On April 4, 2013, the Council of Ministers of Gabon adopted a draft law regulating the mining sector, which aims to reform the mining sector of Gabon[1] by introducing a new institutional, fiscal and technical framework. Since he took office in 2009, the President of Gabon, Ali Bongo Ondimba, is determined to implement and chart an ambitious program of economic reforms, including the reform of the mining sector, one of the cornerstones for shaping up the future prosperity of the country. In implementing this policy, known as "Gabon emerging at dawn 2025", this country is...

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Overview on Mining Law in Burkina Faso and Current Trends

  Par Jonathan Vankempen  Introduction  Burkina Faso is a landlocked country in West-Africa and surrounded by six countries: Mali to the north; Niger to the east; Benin to the southeast; Togo and Ghana to the south and Ivory Coast to the southwest. Burkina Faso is rich in natural resources and is emerging as one of the most attractive mining destinations in Africa especially for gold exploration and exploitation. Burkina Faso is ranked by Fraser Institute the third most attractive in Africa for mining with only Botswana and Ghana ahead of Burkina Faso[1]. The income from gold plays an important role for the...

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DRC: The ownership of a mine after termination of mining and quarry rights

The ownership of a mine after termination of mining and quarry rights By Eugénie ELANGA MONKANGO 1.― The purpose of granting of a Mining Permit, a Small Mine Exploitation License, and Exploitation License for Tailings or Authorization for Permanent Quarry Exploitation, collectively referred to (« mining and quarry rights ») is principally to grant to their titleholders the right to mine natural or artificial deposits located above or below the concerned mining perimeter. Theses mining and quarry rights also confer to their titleholders the right to construct, within the mining or quarry perimeter[1] (« perimeters »), facilities and infrastructures for mining operation, other industries relating to...

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Emery Mukendi Wafwana & Associés to Review DRC Mining Code

Newsletter October 2012: Emery Mukendi Wafwana & Associés selected for the review of the DRC Mining Code                         Subsequent to the call for bids issued by Promines, an IDA & DIFD-funded “project on Good Governance in the Mining Sector as Growth Factor”-Project ID: P106982- IDA-H589 ZR- TF010744, Emery Mukendi Wafwana & Associés- DRC has been selected as the National Legal Consultant to provide technical assistance to the DRC government in the process of reviewing the Mining Code and its implementation measures. Following the signing of the agreement and the introduction of the consultant on...

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DRC: Mining companies and the Value Added Tax (VAT)

By Jean-Pierre MUYAYA KASANZU  In the following paragraphs, we do not have the pretention to review the legal meaning of the Ordinance-Act No 10/001 dated August 20, 2010 related to the institution of VAT which has replaced the Revenue Tax (ICA). We shall rather focus on analysing whether the Ordinance-Act mentioned above is applicable to eligible mining companies under the Mining Code enacted by the Act No 007/2002 dated July 11, 2002 related to the Mining Code. Scope of application of the Ordinance-Act establishing VAT  The institution of VAT by Ordinance-Act No 10/001 dated August 20, 2010 implemented by Decree No 011/42 dated...

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Emery Mukendi Wafwana & Associates, P.C. at Mine & Money 2012

The conference gathered over 2,500 participants and 300 exhibition stands for 5 days and now, it is the largest event to raise capital in the mining sector. It has become an important destination for Australian investors in Asia as the PDAC is for North America and the INDABA for Africa.  For more information on the conference, please visit www.minesandmoney.com Emery Mukendi Wafwana & Associates, P.C. exhibited at this conference and presented his legal services to investors from all around the world desiring to securely invest in the mining sector in DRC and in the French speaking African countries (Benin, Burkina Faso,...

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Mines and money – Hong-Kong 2012 : Exposition de Emery Mukendi Wafwana & Associates, P.C.

  Il se tiendra à Hong-Kong, du 19 au 23 mars 2012 la cinquième conférence internationale sur les Mines et les Finances « Mines & Money ». Cette conférence regroupera plus de 2500 participants et 300 stands d’exposition pendant une durée totale de 5 jours. Mines & Money se positionne actuellement comme le plus important évènement pour mobiliser des capitaux dans le domaine minier. Elle est devenue une importante destination pour les investisseurs australiens en Asie au même titre que le PDAC l’est pour l’Amérique du Nord et INDABA pour l’Afrique.  Il est par ailleurs prévu deux journées d’exposition et de conférence qui se...

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South Africa: “Investing in African Mining Indaba” à Cape Town du 6 au 9 février 2012

La conférence annuelle « Investing in African Mining Indaba » tenue à Cape Town du 6 au 9 février 2012 n’a pas échappé à l’intérêt de Cabemery & Partners (PTY) Ltd qui y a participé au travers de ses Avocats Fulgence KALEMA, Alex MBIKAYI. Il s’agit d’un des plus grand rassemblement mondial des acteurs du secteur minier qui regroupe, depuis plusieurs années, les décideurs et acteurs de l’industrie minière en Afrique. Avec plus de 6500 personnes représentant plus de 1000 entreprises internationales et environ 40 délégations de gouvernements africains et non africains.    « C’était donc une excellente occasion pour notre firme d’établir et de...

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South Africa: Les gagnants et les perdants du Mining Indaba 2012

(Agence Ecofin) - La quasi-totalité du gotha minier mondial était-là les 6-7-8-9 février 2012. Dans ce Davos minier, difficile d’imaginer que les décideurs réunis au Cap, comme chaque année depuis 18 ans, étaient en guerre. Une guerre économique feutrée. Car au-delà des politesses et des manifestations de bonnes intentions, Mining Indaba 2012 aura été un vrai bal de stratèges. 100 pays, 1200 entreprises, 7200 professionnels Quasiment tous étaient présents  au Cap, en Afrique du Sud, de 6 au 9 février 2012, à l’occasion du plus grand salon minier africain: dirigeants politiques, investisseurs internationaux, experts miniers, analystes financiers, avocats d’affaires, conseils en stratégie,...

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