Any holder of a Mining Title or Mining operation permit for Quarry Substances which gives it the right to engage in Mining or Quarry Activities, is subject to the annual payment of surface royalties, in accordance with the table below for Mine Substances, and a joint order from the Minister in charge of Mines and the Minister in charge of Finance for Quarry Substances.
This surface royalty is in proportion to the surface area described in the Mining Title or Authorisation.
The terms for declaring and paying this surface royalty are determined by joint order of the Minister in charge of Mines and the Minister in charge of Finance.
The rates are updated by joint order of the Minister in charge of Finance and by the Minister in charge of Mines.
Surface royalties by Mining Title :
| Nature of the Title | Surface Royalties USD/ Km2 | ||
|---|---|---|---|
| Exploration Permit | 10 | 15 | 20 |
| Industrial Mining Operation Title | 75 | 100 | 200 |
| Semi-Industrial Mining Operation Title | 20 | 50 | 100 |
| Mining Concession | 150 | 200 | 300 |
| Dredging Operation Permit | 150* | 200* | 250* |
*per km