06/22/2023
𝐈𝐍𝐕𝐄𝐒𝐓𝐌𝐄𝐍𝐓𝐒 𝐈𝐍 𝐓𝐇𝐄 𝐌𝐈𝐍𝐈𝐍𝐆 𝐒𝐄𝐑𝐕𝐈𝐂𝐄
𝐌𝐈𝐂𝐀 Concession agreement is based on the Mineral Development Act 2015 and Regulations. It covers the technical financial, environmental and the social aspects. Investors are entitled to privileges and provisions of the Investment Encouragement Act 2015 and Amendments. Investors recover all exploration and development costs. Also, the Ministry of Minerals encourages the financing firms and organizations to invest in 𝐌𝐈𝐂𝐀 𝐋𝐋𝐂 financing mining and mining industry.
* INVESTMENT ARE ALSO OPEN FOR:
* Updating the Geological Worldwide Map
* Establishing a new metallogenic World map 🌎
* Completion of the geophysical maps 🌎
* Evaluation of the mineral resources of the whole country. The annual production mounts as follows:
1. 𝐆𝐨𝐥𝐝: about 50 to 70 tones/year.
2. 𝐂𝐡𝐫𝐨𝐦𝐢𝐭𝐞: about 100,000 tones/year.
3. 𝐂𝐨𝐩𝐩𝐞𝐫: more than 50 tones /year.
4. 𝐈𝐫𝐨𝐧: about 70,000/year.
5. 𝐆𝐲𝐩𝐬𝐮𝐦: more than 100,000 tones/year.
6. 𝐒𝐚𝐥𝐭: more than 100,000 tones/year.
7. 𝐌𝐚𝐫𝐛𝐥𝐞: about 100,000 tones/year.
8. 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧 𝐬𝐭𝐨𝐧𝐞𝐬: more than
50,000 tones/year. In addition to variable amounts of Talc, kaoline, flourite, felds par, white sand and building materials.