Application for disposal of Minerals Won under an exploration licence 5. Application to Abandon or Cease Production 6. Licence to Manufacture Explosives 9. Licence to Sell Explosives Licensing of Explosives Storage Facilities Permit to Buy Explosives Permit to Export Minerals for Commercial Purpose Permit to Export Sample for Analysis Permit to Mix and Use Bulk Emulsion Prior Clearance to erect Explosives Storage Facilities Registration of a Mineral Processor Registration of Agents for Movement of Minerals Submission of Minimum Work Programme Monthly Royalty Submission Need Help?
Contact Us. The subsistence of a mining lease upon grant and the carrying out of mining operations is predicated on the retention of a qualified and experienced mining professional in the company's employ who shall supervise personally the mining operations being undertaken by the company during the period of the lease. Rights of Lessee to remove fixtures: The lessee of a mining lease who has paid all rents, royalties and other payments due to be made by it under the Act or under the terms of its lease, is permitted within three 3 months, in the case of alluvial lease and six 6 months in the case of lode lease, after the expiration or other determination of his lease, to remove all or any of the plants, building or other property of the lessee.
Provided that such property shall become the property of the Federal Government and may be dealt with and disposed of in lieu of the rent, royalty or other payments, as the case may be where on the expiration or determination of the lease, a lessee is in default in the payment of any rent, royalty or other payments or a lessee has failed to remove its property within the term specified above or within such further period, if any, as the Mines Inspectorate may allow the plant, building and property of the lessee on the land.
This part of the Act applies in relation to all naturally occurring quarriable minerals such as asbestos, china clay, fuller's earth, gypsum, marble, limestone, mica, pipe clay, slate, sand, stone, late rite, gravel, which may also be lawfully extracted under Mining Leases and prohibits every operation for the purpose of extracting any quarriable mineral from a quarry including sand dredging in the navigable water ways or else for industrial use without the grant of a lease or license by the Minister under the Act.
A Quarrying Lease is granted in respect of any area of land not exceeding 5 hectares and unless previously revoked or otherwise determined, remains in force for a period of five years or less from the date of the grant of the lease and shall then expire unless renewed.
The holder is authorized to amongst other things, carry out quarry operations on the land within the area of the lease, remove and dispose of any quarriable minerals specified in the lease and do all such things as specified in the Act which may be necessary or convenient for the carrying out of its quarrying operations.
The MCO shall require the area specified in an application for a lease to be surveyed before granting a lease. A Water Use Permit confers on its holder, the right to obtain and use water for its exploration and mining operations. For an Exploration Lease Applicant, such applicant could also be theholder of a Reconnaissance Permit granted in respect of the area subject to the application, who has fulfilled all the conditions attached to the Reconnaissance Permit.
For a Small Scale Mining Lease -such applicant could be the holder of an Exploration Lease granted in respect of the area subject to the application, who has fulfilled all the conditions attached to the Exploration.
For a Quarry Lease Applicant, such applicant could also be a person extracting construction materials for the construction of roads, railway lines, dams and other engineering works or structures of public interest.
Furthermore, an applicant for mineral title must satisfy the MCO among other things that it has sufficient working capital for the exploration or mining of the area applied for and possesses technical competence to carry on the proposed operation as prescribed in the Regulations under the Act.
Any company or enterprise engaged in mining operations shall be entitled in determining its total profits, to deduct from its assessable profits a capital allowance of ninety-five per cent of Qualifying Capital Expenditure incurred in the year in which the investment is incurred.
All operators in the mining industry shall be granted the following benefits: exemption from payment of customs and import duties in respect of plant, machinery, equipment and accessories imported specifically and exclusively for mining operations subject to their inspection and approval by the Mines Inspectorate Director; expatriate quota and residence permit in respect of the approved expatriate personnel; and personal remittance quota for expatriate personnel, free from any tax imposed by any enactment for the transfer of external currency out of Nigeria.
Any company granted mineral title under the Act shall enjoy a three year tax relief period commencing on the date of operation which may be extended by the Minister for one further period of two years under certain circumstances. The provisions of the Foreign Exchange Monitoring and Miscellaneous Provisions Act 12 and the Nigerian Investment Promotion Commission Act 13 also apply to any investment in foreign currency made in respect of any mineral title granted under the Act.
Companies engaged in the exploitation of mineral resources shall establish a tax deductible reserve for environmental protection, mine rehabilitation, reclamation and mine closure costs.
However, the appropriateness of the reserve must be certified by an independent qualified person taking into account the determination made under the provisions of the Act.
With the exception of bona fide specimens of mineralogical, geological or educational interest or the receipt by an employer of minerals from his tributers, unless mineral is won from a mineral title area of which a person is the holder or is permitted to possess or purchase such mineral and also entitled to explore and exploit the minerals, no person other than an officer of the Ministry authorized in that behalf by the Minister and acting in the execution of his duty shall possess any Mineral.
In addition, no person shall purchase any mineral unless he holds a license to purchase minerals issued under the Act. This chapter also provides for the establishment of a Minerals Buying Centre also for the purpose of receiving proceeds recovered under a small scale mining Lease and issue valid sales receipts.
This chapter provides for the winning of materials [such as salt, soda, potash or galena] by host communities in relation to areas covered by mining leases; prohibition of mineral exploration in certain areas; reservation of rights of owner or occupier; payment of surface rents; assessment of various compensations and payment of same; restoration of mines land; reclamation; Community Development Agreements; Environmental obligations to include preparation and submission of environmental impact assessment statements and participation in the environmental protection and rehabilitation program.
The Minister shall establish an Environmental Protection and Rehabilitation Fund for the purpose of guaranteeing the environmental obligations of Holders of Mineral titles as provided under the Act.
The trustees appointed by the Minister shall operate the fund in accordance with the provisions of the Trustees Investment Act or amendments thereof. This section prohibits pollution of water course, alterations in water supply and provides that everyone who uses water in connection with mining operation shall ensure that the water in use does not contain injurious substances in quantities likely to prove detrimental to animal or vegetable life.
Also, no person shall, in the course of Exploration or mining, carry out operations, in or under any area held to be sacred or permit injury or destruction of any tree or other thing which is the object of veneration.
How to get your Mining Exploration Lease in Nigeria. Get a Quarry license here. Business Growth: These are the steps for now. Leave a Reply Cancel reply Your email address will not be published. Facebook messenger. Hacker News. Short link. Quarry means an excavation or system of excavations made for the purpose of or in connection with the obtaining of stone, sand, granite, chalk, clay, flint, gravel, gypsum, limestone, marble, marl, quartz and other quarrying materials whether in their natural state or in solution or in suspension.
A quarry lease is granted in respect of any area of land not exceeding 5 hectares and unless previously revoked or otherwise determined, remains in force for a period of five years or less from the date of the grant of the lease and shall expire unless renewed.
The holder is authorized to amongst other things, carry out quarry operations on the land within the area of the lease, remove and dispose of any minerals specified in the lease and do all such specified in the Act which may be necessary or convenient for the carrying out of its quarrying operations.
The MCO shall require the area specified in an application for a lease to be surveyed before granting a lease. Quarry lease must not be confused with any other mining lease. In our previous write-up, we explained the procedure for obtaining a mining lease in Nigeria.
The quarry lease is unique only covers the certain numbers of minerals specified on the license.
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