Mines and geology · Ministry of Mines and Geology
Industrial exploitation permit
Confers the exclusive right to reconnoitre, explore and mine, without limit of depth, the substances it is issued for, and to dispose of them freely. It is granted as of right, by decree in Council of Ministers, to the holder of a research permit who has met their obligations and whose application is filed at least three months before that permit expires. It runs for up to fifteen years, renewable in periods of five.
Version 1
What it allows
To develop and mine the deposit or deposits described in the feasibility study, to continue exploration connected with mining, and to dispose freely of what is extracted. The permit creates a divisible, leasable movable right which can be pledged to secure borrowing for the mine.
Who may apply
A company incorporated under Guinean law, holding the research permit the exploitation permit derives from. A foreign company holding a research permit must create a Guinean subsidiary for the purpose (article 30-I).
A company
At a glance
Ministry of Mines and Geology
325 days
180 months
Renewable, from 365 days before it ends
What it costs
- Fixed grant duty$25,000.00
- Annual surface fee (USD 75/km²)$0.75
Total, filing and issue$25,000.00
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 deposit development plan
- 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
- CPDM derogation on the number of vertices
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: nature, quality, volume and location of the resource identified.
- The plan retroceding half of the previous area.
- The feasibility study, with the detailed environmental and social impact assessment and its management plan.
- 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.