Uzbekistan imposed sanctions for mining without a license

Anastasia Bogdanova | February 26, 2020
img0 According to Law of the Republic of Uzbekistan ZRU-603 dated January 22, 2020, the Code of Administrative Responsibility is amended by a new article on unlicensed mining. This rule provides for stricter liability measures. In accordance the new article, citizens shall be fined at the amount from 30 to 50 base calculation value [1] (hereinafter – BCV)[2], ...

Russian Mineral Resource Projects: New Legal Developments

Anastasia Bogdanova | January 17, 2020
img0 There are some notable recent developments and pending initiatives in Russia’s subsoil use sphere as 2020 unfolds. Split licenses for hard-to-recover resource blocks. Russia’s subsoil use legislation was amended in December 2019 to allow the splitting of licenses for hard-to-recover resources. These amendments aim to stimulate technologies for extraction of hard-to-recover resources (primarily hydrocarbons). There ...

Kazakh government approves new draft Ecology Code to toughen penalties for environmental offenses

MINEX Forum | January 8, 2020
img0 The government approved a new draft Ecology Code during the Dec. 24 government meeting chaired by Prime Minister Askar Mamin. The Ministry of Ecology, Geology and Natural Resources developed the draft considering the experience of the Organisation for Economic Co-operation and Development (OECD) countries and opinions from the Kazakh public and business community. The ministry ...

Albania: Mining Action Plan – 5% annual growth of the sector and new research on chromium, copper and gold

MINEX Forum | October 28, 2019
img0 In Albania, a new three-year action program for the mining sector is set to become effective from 2019 to 2021, projecting a 5% annual growth in production. The decision of the Council of Ministers, which directs the development of the mining sector in this period, was published in the Official Journal, and in addition to ...

Kyrgyzstan: Anti-uranium mining protests persist and proliferate

MINEX Forum | June 24, 2019
img0 There are at present 12 outstanding concessions for uranium exploration Kyrgyzstan is struggling to tamp down a mood of protest inspired by opposition to uranium mining, an industry that is lucrative but tainted by memories of Soviet-era practices. The capital city, Bishkek, has seen three anti-uranium demonstrations in the past week alone. The largest drew more than 200 people and ...

President of Kazakhstan names new Minister of Ecology, Geology and Natural Resources

MINEX Forum | June 17, 2019
img0 President of Kazakhstan Kassym-Jomart Tokayev has appointed Magzum Mirzagaliyev as the head of the newly-established Ministry of Ecology, Geology and Natural Resources, Kazinform has learnt from the press service of Akorda. Born in 1978 in Almaty, he is a graduate of the Turan University, the Diplomatic Academy under the Gumilyov Eurasian National University, the Yessenov ...

Finland’s new government plans spending spree, Iltalehti reports

MINEX Forum | June 4, 2019
img0 Finland’s next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday. The incoming cabinet, led by Prime Minister-designate Antti Rinne of the Social Democrats, is due to unveil its program and ...

Merkel cabinet approves $45B in aid for coal regions

MINEX Forum | May 23, 2019
img0 German Chancellor Angela Merkel’s cabinet approved an aid package worth as much as 40 billion euros ($44.7 billion) by 2038 for the nation’s coal regions, launching a drive to transform chimney-stack economies into high-tech centers. Merkel’s administration announced an exit from coal power in February, saying it will wean the nation off the fossil fuel ...

Only one-eighth of the solar system should be mined – study

MINEX Forum | May 20, 2019
img0 Martin Elvis, senior astrophysicist at the Smithsonian Astrophysical Observatory in Cambridge, and Tony Milligan, a philosopher at King’s College London, collaborated on a study that concludes that humans should be allowed to mine only one-eighth of eligible planets, moons and asteroids, leaving 85% of the solar system untouched. As companies get closer to developing technologies ...

Russia considers export ban on precious metals scrap

MINEX Forum | March 18, 2019
img0 Russia’s trade and industry ministry is considering a temporary ban on the export of precious metals scrap and tailings, the ministry said, to promote domestic refining of the materials. The proposed ban would last from May 1 to Oct. 31 this year, the Kommersant newspaper reported earlier, citing ministry documents. Russian precious metal refining facilities ...

Adriatic Metals wins Urban planning Permit to explore expanded concession areas in Bosnia & Herzegovina

MINEX Forum | February 8, 2019
img0 Adriatic Metals secured the long-awaited Urban Planning Permit from Zenica-Doboj Canton with respect to expanded concession in highly prospective new areas in Bosnia & Herzegovina. The news sent the stock price to trade in the green zone with an intra-day price change of +1.935% on 6 February 2019. In the announcement to Australian Securities Exchange, ...