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Licences
(US$1= CFA520 at end of July 2006)
- On issuing of prospecting authorisation: CFA400,000
- renewal of prospecting authorisation: CFA400,000
- issuing of a research permit: CFA500,000
- renewal of a research permit: CFA500,000
- issuing of an exploitation authorisation for a small-scale mine: CFA1.0 million
- renewal of an exploitation authorisation for a small-scale mine: CFA1.5 million
- issuing an exploitation permit: CFA1.5 million
- renewal of an exploitation permit: CFA2.0 million
Area charges for exploration and prospecting
(US$1= CFA520 at end of July 2006)
- First period: CFA1,000/km² per year
- First renewal: CFA1,500/km² per year
- Second renewal: CFA2,000/km² per year
- Exploitation permits: CFA100,000/km² per year
- Small-scale mine exploitation: CFA50,000/km² per year
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Renewal
The renewal of a research permit or of an authorisation for prospecting is granted by Order of
the Mines Minister against payment of renewal fees and surface fees (as set out in Article 103
and Article 104 of the Mining Code, respectively).
The renewal of a research permit or an authorisation for prospecting becomes a right provided the
holder of these mining titles has complied with the provisions that are set in the Standard Agreement
and in the order granting the titles (Article 26 and 34 of Order No 99-032/P-RM, dated August 19,1999).
For the first renewal, the surface area of the exploration permit is reduced by 50%. For the second renewal,
the remaining surface area is reduced again by 50%. For prospecting authorisations, only one renewal is
allowed, although there is no reduction in area.
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