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Gabon: Mining
 - Overview


^ Overview

Gabon is a major petroleum producer, with crude oil accounting for 80% of Gabon’s exports as well as two thirds of the state’s revenue. Gabon is the world’s second largest manganese dioxide producer, and also has the potential to produce up to 15% of global niobium from a developing mine near Mabounie. Gabon also produces minor gold, uranium and diamonds. Uranium production has all but ceased in Gabon, due to ore reserve depletion.

^ Mineral Policy and Legislation

All useful mineral substances occurring under the surface are the property of the State. A new Mining Code was enacted in July 2000, under which exclusive rights are granted by the Ministry of Mines, Energy and Petroleum. There are four types of mining permit:

i) Prospecting, for regional reconnaissance, valid for two years.

ii) Exploration, for mining exploration and evaluation. A licence with concession is valid for three years and is renewable for two further periods of three years. Without a concession, the licence is valid for two years, renewable for one period of two years.

iii) Mining (with concession) for mineral extraction, renewable as many times as required.

iv) Mining (without a concession) for extraction of construction materials and related minerals.

Exclusive rights are granted by the Ministry of Mines, Energy and Petroleum, as follows:

Permit Type

Prospecting

Exploration

Mining

(w/concession)

Mining

(w/o concession)

Purpose

Regional reconnaissance

Mining exploration and evaluation

Mineral extraction

Extraction of construction materials and related

Surface Area

Negotiable

Negotiable

A = mining permit

B = concession

(>20 years reserves)

A/B: depends on size of deposit

Negotiable

Validity

2 years,

non renewable

A = concession 3 years,

renew 2 x 3 yrs

B = no concession 2 yrs, renew 1 x 2 yrs

A = permit 5 years, renew 5 years, as many times as required

B = 25 years, renew 10 years, as many times as requirred

A = license for temporary quarry, 2 years, renew 1 x 1 yr but not for unconsolidated materials, max. 1 yr

B = license for permanent quarry, 5 years, renew 5 years as many times as required

^ Fiscal Regime and Commercial Legislation

Four Categories are relevant under this heading:

  1. Mining rights: they include (1) a fixed fee, (2) a surface occupation fee, and (3) a value-added tax that varies between 0.5% and 5% per year;
  2. Fiscal charges: they are small and their amount varies according to the permit type (exploration or mining) and, for the mining phase, to the stage of operation (investment or production);
  3. Corporate tax: it amounts to 35% after special exemptions (e.g. accelerated depreciation).
  4. Import duties: they do not apply during the exploration and investment phases and exclude all consumables used during processing. There is no export tax.
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Information Source: MBendi - Modified: 17.Nov.2004
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