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MINERAL POLICY - Section 3 : Exploration & Mining |
Section 3 - Exploration and Mining Policy
General Principles
| 3.1 |
In Fiji, all unextracted minerals belong to the State. Nonetheless,
Government recognises that the private sector is the most able developer of Fiji's mineral
resources, and hence, allows the private sector complete and open access to develop Fiji's
mineral resources. Government does not require equity participation, or any other form of
direct involvement in mineral development projects. |
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| 3.2 |
Fiji's exploration and mining administration system is open and unbiased.
The guiding principle is that exploration and mining rights are given to any candidate,
who by merit, can show Government that they have the capability to carry out an agreed
upon work programme. In the case of multiple applicants for a tenement, rights are
allocated to the first qualified applicant. This system supports and protects the rights
of all investors, both local and foreign, to prospect, explore and mine their mineral
discoveries. Investors rights to mineral tenements, and their security of title are
enshrined in Fiji's Mining Act and Regulations (Cap. 146). Mineral Resources Department
(MRD) is the Government agency responsible for administering this statute. |
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| 3.3 |
Licence holders who exercise due diligence in carrying out, and comply
with the proposed activities detailed in their Prospecting Licence, including maintaining
a vigorous exploration programme, and accurate, timely comprehensive reporting in
accordance with the Mining Act, are guaranteed continuity of title, implying a right to
proceed to project development. Over time, Licence holders are expected to relinquish a
portion of their prospecting area. |
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| 3.4 |
While the Fiji Government is very keen to encourage legitimate prospectors
and mineral explorers in Fiji, it does not want to see prospective land tied up by
companies that are only interested in speculative ventures. MRD will actively discourage
any company attempting to engage in such speculative ventures. |
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| 3.5 |
Prospecting Licence holders have a right to progress from prospecting to
mining if they have complied with the licence conditions and they have proven that a
minable resource exists. Permits to Mine can be issued for a maximum of 2 years, and are
renewable annually. Mining Leases and Special Mining Leases can be issued for 5 to 21
years. All leases are renewable at the end of the initial lease period. The period of the
renewal depends on the size of the proven resource. |
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Special Policies and Procedures
| 3.6 |
The Director of Mines (henceforth referred to as the Director) at the
Mineral Resources Department, grants Prospector's Rights under the Mining Act. With the
consent of the Minister, the Director also grants Prospecting Licences, Special
Prospecting Licences, Permits to Mine, Mining Leases, Special Mining Leases, Special Site
Rights, and Road Access Licences. Applications for any Right, Licence or Lease are
considered on their own merit. The criteria for assessing merit are: the expertise and
capacity/capability of the applicant to undertake the geological programme, any past
record that the prospecting company has in mineral exploration, and the financial standing
of the company in terms of its financial ability to undertake the proposed work programme. |
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| 3.7 |
A Prospectors Right allows the holder to prospect for all minerals on any
land open to prospecting in Fiji for a one year period. Prospector's can reapply for
Prospector's Rights annually. Prospecting Licences and Special Prospecting Licences allow
the holder to prospect for those minerals specified in the Licence, and are issued for 1
to 5 years. The terms and conditions of (Special) Prospecting Licences can be varied
subsequent to an agreement between the licence holder and the Director of Mines. In
arriving at this agreement, the Director considers certain criteria including: the
appropriateness of the geological program outlined in the application; the minimum
expenditure proposed in the application. |
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| 3.8 |
Joint venturers are discouraged from offering front-payments in their
joint venture dealings. It is expected that all planned exploration funds will be spent
solely on exploration. |
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| 3.9 |
Extensions to Prospecting Licences are normally available, providing all
stated licence conditions have been met. Extensions of Prospecting Licences are normally
made on a one year basis, although longer periods may be given. Extensions are subject to
the same conditions as apply to initial applications, however, in the case of an
extension, it is expected that minimum exploration expenditure will significantly increase
with each successive extension. |
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| 3.10 |
In "mature areas", where extensive prior work has been
undertaken, or where a well known geological target is the subject of interest, applicants
may apply for an initial Prospecting Licence of 2 - 3 years. Further extensions to this
Licence may be sought, although this is conditional on the Licence holder undertaking a
Pre-feasibility or Feasibility Study with a specified minimum expenditure annually. In
considering the grant of exploration rights over a "mature area" the Minister
gives due regard to two factors: the Licence holders capacity/capability to undertake the
proposed pre-feasibility/feasibility program, and, the likelihood that the grant will lead
to a development decision on the prospect. |
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| 3.11 |
All Prospecting Licences, Permits to Mine, and Mining Leases are subject
to established reporting requirements. Once prospecting or mining rights have been
abandoned or relinquished, the data from the relinquished area (with the exception of data
pertaining to closed or protected areas) becomes the property of Government and is then
publicly available through MRD at a nominal charge) Information and data regarding areas
currently under licence are confidential to the MRD. |
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| 3.12 |
The orderly housing and maintenance of all drill-cores is the
responsibility of the Licence holder until termination or relinquishment of licence. At
that time, the Licence holder is responsible for the safeguarding, delivery to Government,
or disposal of the drill-cores in an acceptable manner, and under mutually acceptable
terms. |
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| 3.13 |
Progression from prospecting to mining follows the issuance of a (Special)
Mining Lease as prescribed under the Mining Act, and in conformance with the various
special terms and conditions agreed upon between the Director of Mines and the Licence
holder. The issuance of the Lease is subject to two conditions. First, the submission of a
comprehensive Feasibility Study which demonstrates the commercial and technical
viability of the project. The Feasibility Study will be accompanied by a detailed
financing plan for the development and by all information/assessments as required by the
environmental impact assessment process. Second, the completion of a Development
Agreement outlining the broad principles, responsibilities, and obligations of all
parties to the development. This Agreement would normally be prepared through consultation
between the Licence holder, the Fiji Government, and representatives of the people of the
development region. In general, new mining projects are handled as Executive Agreements
between Government and the Licence holder. |
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| 3.14 |
The mining industry is primarily regulated by the Mining Act and
Regulations, although there are supporting statutes, such as the Quarries Act (Cap. 147),
and the Explosives Act (Cap. 189). These Acts are administered by the Mines Section and
the Mines Inspectorate within MRD |
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| 3.15 |
Fiji's occupational health and safety provisions pertaining to the mining
industry is enshrined in the Mining Act and Regulations. Where mining companies can show
compliance with the regulations, and application of best-practice work standards, a system
of self-monitoring will be developed in consultation with the Mineral Resources
Department. This is based on the premise that safe working conditions lead to improved and
efficient production in mining. |
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