May 28, 2014

The mining industry in Brazil is governed by the Ministry of Mines and Energy (MME) and the Brazil Geological Survey (CPRM). The Mining Code of 1967 regulates all exploration and extraction activities of minerals in Brazil. The MME came into existence in 1960. It is an apex body for the formulation and administration of regulations relating to the mining and energy industries’ resources. The DNPM is a federal agency and report to the MME. The department was incorporated in 1934 and became an independent self-regulatory institution in 1994. It focuses on the planning and promotion of mineral exploration, and supervises geological and mineral technology. The CPRM is a federal government organization under the jurisdiction of the Ministry of Mines and Energy.

The mining industry in Brazil (http://marketreportsstore.com/brazils-mining-fiscal-regime-h1-2014/ .) is governed by the Ministry of Mines and Energy (MME) and the Brazil Geological Survey (CPRM). The Mining Code of 1967 regulates all exploration and extraction activities of minerals in Brazil. The code specifies deposits and mines, and sets rules and regulations for authorization, concession, licensing and permits, and plans the duties of holders of mining rights and regulating authorities, among others.

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India’s Mining Fiscal Regime: H1 2014

The mining industry in India is governed by Ministry of Mines, Indian Bureau of Mines (IBM) and Geological Survey of India (GSI). The Mines and Minerals (Development and Regulation) Act 1957, (MMDR) as amended up to May 10, 2012 and the Mines Act 1952, together with the rules and regulations framed under them, constitute the basic laws governing the mining sector in India. The Union Cabinet approved the proposal to introduce the MMDR Bill 2011, which would eventually replace the 1957 Act once passed by parliament.

The Central and the state governments are responsible for managing the mineral resources in India. The Ministry of Coal is an authorized body and oversees the administration and development policies and strategies, non-coking coal, lignite deposits and mining operations in India. It also supervises production, demand, supply, distribution and price-related matters for coal. The ministry is also in charge of the administration of the Coal Mines Provident Fund Organization (CMPFO) and Coal Mines Welfare Organization (CMWO). The Subsoil Law is the main law in the mining industry, providing all relevant laws and regulations regarding subsoil use in the Russian Federation.

The mining industry in India (http://marketreportsstore.com/indias-mining-fiscal-regime-h1-2014/ .) is governed by Ministry of Mines, Indian Bureau of Mines (IBM) and Geological Survey of India (GSI). The Mines and Minerals (Development and Regulation) Act 1957, (MMDR) as amended up to May 10, 2012 and the Mines Act 1952, together with the rules and regulations framed under them.

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Uzbekistan’s Mining Fiscal Regime: H1 2014

The mining industry is Uzbekistan is governed by the State Committee of the Republic of Uzbekistan on Geology and Mineral Resources, The State Inspectorate for Supervision and the State Committee of the Republic of Uzbekistan for Nature Protection. The State Committee of the Republic of Uzbekistan for Nature Protection has been established by the Decree of the Presidium of Supreme Soviet of Uzbek SSR.

The State Inspectorate for Supervision is overseen by the council of Ministers of the USSR formed by № 1048 of December16, 1947. On the basis of the Cabinet of Ministers of January 10, 1996 № 17 Gosgortechnadzor Uzbek SSR was renamed the State the State Committee of Uzbekistan. According to the law, minerals are the property of the State in Uzbekistan. The basic main of the law is to regulate the scope of the relationship when processing.

The report (http://marketreportsstore.com/uzbekistans-mining-fiscal-regime-h1-2014/ .) outlines Uzbek’s governing bodies, governing laws, mine licenses, rights and obligations, key fiscal terms which includes Subsoil use tax, Excess profit tax, Bonus Corporate Tax, Real property tax, Withholding tax, Depreciation, Losses Carried Forward and VAT.

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Kazakhstan’s Mining Fiscal Regime: H1 2014

The mining industry in Kazakhstan is governed by the Ministry of Industry and New Technology and Ministry of Environmental Protection. The Law of Subsoil and Subsoil Use is the main regulating law for mining activities in the country. Departments under the Ministry include the Investment Committee, the Industry Committee, the Committee for Technical Regulation and Metrology, the Committee for State Energy Supervision and Control, the Tourism Industry Committee, and the Committee for Geology and Subsoil use.

Kazakhstan produces a variety of mineral resources such as gold, copper, silver, uranium, coal, iron ore, and other ferrous and non-ferrous metals. The mining industry in Kazakhstan (http://marketreportsstore.com/kazakhstans-mining-fiscal-regime-h1-2014/ .) is governed by the Ministry of Industry and New Technology and Ministry of Environmental Protection. The Law of Subsoil and Subsoil Use is the main regulating law for mining activities in the country

Ghana’s Mining Fiscal Regime: H1 2014

The mining industry is regulated by the Minerals and Mining Act 2006. Ghana’s mining industry is managed by the Ministry of Land and Resources and Environment Protection Agency. The Minerals Commission is also involved in the coordination and implementation of mining policy. The Ministry of Land and Natural Resources is responsible for managing country’s land, forest, wildlife and mineral resources. The functions of the ministry include policy formation, co-ordination, monitoring and evaluation, and the validation of policies and projects.

The mining industry is regulated by the Minerals and Mining Act 2006. Ghana’s mining industry (http://marketreportsstore.com/ghanas-mining-fiscal-regime-h1-2014/ .) is managed by the Ministry of Land and Resources and Environment Protection Agency. The Minerals Commission is also involved in the coordination and implementation of mining policy.