Thanks Marmar. Excuse me if I cut n' paste a quoteExploitation...

Thanks Marmar. Excuse me if I cut n' paste a quote

Exploitation licence

The holder of an exploration licencewho has discovered and delimited deposits that he or she intends to exploit, and who has otherwise met the terms of the licence,is entitled to be granted an exploitation licence. If an activity is assumed to have significant impact on social conditions and the environment it is a condition for obtaining an exploitation licence that an environmental impact assessment and a social sustainability assessment has been through a public consultation process and approved by the MLSA.

The licence is granted for those parts of the area that contain deposits that the licensee intends to exploit. The licence is granted for a period of 30 years, unless a shorter period has been laid down as a condition for granting the licence. The government may extend the period for exploitation. The total period is subject to a maximum of 50 years.