The Alluvial Diamond Mining (Amendment) Rules, 2006
STATUTORY INSTRUMENT No. 15 OF 2006
Published 14th September, 2006
THE MINES AND MINERALS ACT, 1994 (Act No.5 of 1994)
THE ALLUVIAL DIAMOND MINING (AMENDMENT) RULES, 2006.
In exercise of the powers conferred on him by section 123 of the Mines and Minerals Act, 1994, the Minister of Mineral Resources hereby makes the following Rules:
1. These Rules shall be deemed to have come into operation Commence on the 1st day of January, 2006.
2. The Alluvial Diamond Mining Rules are amended by the Amendment revocation and replacement of the First Schedule by the following schedule: -
FIRST SCHEDULE
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Fees |
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1. |
Alluvial diamond export licence |
US$40 000.00 – Full Year US$25 000.00 – Half Year |
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2. |
Alluvial diamond exporter’s agent |
US$5 000.00 –Full Year US$3 000.00 – Half Year |
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3. |
Alluvial diamond dealer’s license a) Non Citizen
b) ECOWAS Citizen
c) Citizen
d) Monitoring Fee
e) Rehabilitation Fee |
US$5 000.00 – Full Year US$3 000.00 – Half Year US$2 500.00 – Full Year US$1 700.00 – Half Year US$2 000.00 – Full Year US$1 500.00 – Half Year US$400.00 – Full Year US$250.00 – Half Year Le500 000.00 – Full Year Le300 000.00 – Half Year
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4. |
Alluvial diamond dealer’s agent certificate a) Citizen
b) ECOWAS Citizen |
US$1 000.00 – Full Year US$700.00 – Half Year US$1 500.00 – Full Year US$1 000.00 – Half Year |
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5. |
Diamond Mining a) Artisanal and cooperative mining license b) Small scale mining lease c) Mine Manager’s certificate (Artisanal and cooperative mining licences) d) Body Corporate Mine Manager’s Certificate - Citizen - Non-Citizen e) License to dredge f) Monitoring fee g) Rehabilitation fee Artisanal mining licence holder Small scale mining lease holder h) Surface Rent i) Registration of financial supporter |
Le200 000.00 per acre per year of part thereof
Le750 000.00 per acre per year or part thereof Le100 000.00 per license per year
Le200 000.00 per license per year Le750 000.00 per license per year US$500.00 per year Le100 000.00 per acre per year
Le200 000.00 per acre per year Company to rehabilitate
Le100 000.00 per acre per year or part thereof Le50 000.00 per year |
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6. |
Administrative Expenses/Export charges (i) Royalty on export of diamonds Distribution of such royalties is as follows (i) Special treasury account (ii) GDD (iii)Mining Community Development (iv) Monitoring Fund (v) Independent valuator (vi) Rehabilitation Fund (vii) Public Information Unit (viii) PMMT (precious mineral monitoring team)
(ii) Royalty for small scale mining lease holders wishing to export their winning |
3% of export value
0.70% 0.75% 0.75%
0.25% 0.40% 0.05% 0.05% 0.05%
5% of export value plus valuation fee of 1% |
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7. |
Standard assessment income tax Diamond Mining licence Diamond Dealer’s Licence - Non-citizen - Citizen Diamond Exporter’s Agent Diamond Dealer’s Agent |
Le96 000.00 per acre per year
Le600 000.00 per year Le600 000.00 per year Le1 200 000.00 per year Le180 000.00 per year |
Made this 24th day of July, 2006
ALHAJI MOHAMED SWARRAY DEEN,
Minister of Mineral Resources
