Mining in morocco 2017
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10 Things you must know Mining in Morocco 2017
Transcript of Mining in morocco 2017
Mining in Morocco is dominated by phosphate
mining, where it is the world’s third largest producer. Other
minerals produced include anthracite, antimony, barite,
cobalt, copper, fluorspar, iron ore, lead, manganese, salt,
silver, and zinc.
80%
The mining sector in Morocco is currently regulated by the
mining regulations (Règlement Minier) i.e. dahir dated 16 April 1951 (the “dahir”)
completed by decree no.2.57.1647 dated 17
December 1957 implementing the provisions of the dahir and arrêté viziriel dated 21 April
1951 relating to the filing and registration of research permits (as subsequently modified by arrêté viziriel dated 1 January 1953).
90%
First of all, it must be noted that permits and concessions are limited real estate rights which are distinct from the ownership of the land.
Mining licences
The right to explore or exploit mineral substances
may be granted to one or more physical or legal
persons. There is no restriction in respect to the nationality of the holder of
the authorisation. Permit holders must either have a
subsidiary or a branch in Morocco. It must be noted
that exploration and exploitation of phosphates
are the monopoly of the Moroccan state.
Permits and concessions shall not impediment the customary rights (droits coutumiers) granted to the indigenous persons for the extraction of certain substances.
Indigenous population, training and other social obligation
Onhym (Office National des Hydrocarbures et des Mines)
provide templates for an exploration convention and a sale agreement with onhym.
Agreements with the state
The granting and renewal of concessions and permits are subject to the payment of taxes.
Fees, taxes, duties and royalties and tax incentives
The award of a mining title (in particular at first an exploration permit) is subject to justification of technical capabilities and financial resources for all operations related to such title. The holder of a mining permit must achieve a program for works to be carried out (which must also include the minimum technical and financial means that the applicant undertakes to deploy).
Financial capacity of the investors
Environmental regulation in Morocco is provided in particular by law n°11-03 related to the protection and the upgrading of the environment dated 12 May 2003 which main purpose is to protect the environment against any kind of pollution and degradation and to implement a liability legal framework guaranteeing compensation for any damages caused to the environment.
Protection of the environment
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