Mines and geology · Ministry of Mines and Geology
Mining concession
Confers the exclusive right to carry out, within its perimeter and without limit of depth, all work to mine the deposits it is issued for. It is an immovable right, divisible, leasable and capable of carrying a mortgage. It is granted by decree in Council of Ministers for up to twenty-five years, renewable in periods of ten.
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What it allows
To mine the deposit or deposits described in the feasibility study and dispose freely of what is extracted. A concession can be mortgaged to secure borrowing for the mine — which is what separates it from an exploitation permit, over which only a pledge can be taken.
Who may apply
A company under Guinean law, holding the research permit the concession derives from and having met its obligations. The application has to be made at least three months before that research permit expires.
A company
At a glance
Ministry of Mines and Geology
325 days
300 months
Renewable, from 365 days before it ends
What it costs
- Fixed grant duty$50,000.00
- Annual surface fee (USD 150/km²)$1.50
Total, filing and issue$50,000.00
What to bring
Some of these depend on your answers; the list narrows as you fill the form in.
- Copy of the research permit in force
- Proof that the taxes and fees due have been paid
- Report on the exploration results
- Retrocession plan
- Feasibility study and economic analysis of the project
- Detailed environmental and social impact assessment
- Guinean enterprise support plan and employment plan
- Community development plan
- Architectural plan of the head office and application for a plot
- Prior environmental authorisation
Before you start
- The reference of your research permit in force, and proof that the taxes and fees due have been paid.
- The report on the exploration results and the plan retroceding half of the area.
- The feasibility study, with the detailed environmental and social impact assessment and its management plan.
- The Guinean enterprise support plan and the plan for promoting Guinean employment.
- The community development plan annexed to the Local Development Convention.
- The architectural plan of the company’s head office and the application for a plot.
How it is handled
- Completeness check
- Preparation and cadastral assessment (CPDM)
- Technical and environmental assessment (DNM and Environment)
- Report of the Technical Titles Committee
- Opinion of the National Mining Commission
- Draft decree
- Decree in Council of Ministers
- Notification and publication in the Journal officiel
If the answer is no
The decree is notified and published in the Journal officiel and on the mining ministry’s official site. An appeal may be lodged with the Minister for Mines within two months of notification, and then before the competent administrative court.