"Mining Law in the Solomon Islands is based on the Mines and Minerals Act, which was last revised in 2014, in order to make amendments to the mining tax regime. The permitting steps are relatively simple with companies able to apply for a prospecting licence, upon meeting certain criteria, and then applying for a Mining Lease. A Mining lease lasts for 25 years, with unlimited additional renewals."
This is an interesting read for Axiom Shareholders, and good luck for the new team setting up camp right next to SMM Solomons! Let's hope Gunsynd are successful in the next stage.
AVQ Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held