TLG 10.2% 57.5¢ talga group ltd

"Note that Talga holds, to-day, no Exploitation Concession...

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    "Note that Talga holds, to-day, no Exploitation Concession Permits in the Vittangi area."

    Exploitation concession means that the concession holder receives a right vis-à-vis the landowner or the person who otherwise has rights to the land.

    When a deposit has been located, several extensive application procedures will be required in order to start a mine. The most important are:”
    1. Exploitation concession under the Minerals Act – decided by the Chief Mining Inspector”
      The applicant must demonstrate a deposit whose extraction is likely to be economically feasible. Extraction must not be inappropriate in relation to other public interests, such as nature protection areas, transport arteries or reindeer husbandry.
      The application includes an environmental impact assessment. It is scrutinised by the relevant county administrative board and municipality. If the Chief Mining Inspector and the county administrative board disagree on the use of the land, the government will decide the matter.”
    2. Permit subject to conditions under the Environmental Code – decided by the land and environment court”
      Mines must meet the same environmental requirements as other industrial operations. The same provisions of the Environmental Code apply to mines as to other operations impacting the environment. This application process also involves an environmental impact assessment.
      The land and environment court sets the conditions for the operations as regards noise, dust, siting of spoil heaps, etc. Operations are usually regulated by the county administrative board, but in some cases by the municipal environment and public health committee.
    3. Land allocation gives access to land – decided in a separate procedure by the Chief Mining Inspector”
      Land allocation links the land needed for extraction to the exploitation concession. The decision is based on agreements between the permit holder and the landowner. Land can be allocated against the wishes of the landowner or right holder, but this is uncommon. The landowner is always the party who decides whether the land will have to be purchased, or whether compensation will merely be paid for the damage and intrusion resulting from the land use. The Compulsory Purchase of Land Act governs the way that compensation is determined. If necessary, two representatives from the local area participate in the land allocation procedure.”
 
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