Mining-rights regulations
What holders and investors should know in the six countries OreBridge operates in.
Governing law
Minerals (Prospecting and Mining) Act 33 of 1992 (as amended in 2008), administered by the Ministry of Mines and Energy (Mining Commissioner's office).
Licence types
Reconnaissance Licence (6 months, cannot be renewed), Non-Exclusive Prospecting Licence, Exclusive Prospecting Licence (EPL — 3 years, renewable twice for 2 years each, so 7 years without special Ministerial approval), Mining Claims (reserved for Namibian citizens, maximum 10 claims per person/company, 3 years + 2-year renewals), Mining Licence (up to 25 years, renewable for 15-year periods), and a Mineral Deposit Retention Licence for deposits not yet ready to mine.
Transfers
Both EPLs and mining claims require a specific transfer application to the Ministry, and a change of holder is not effective until approved.
Foreign ownership
No blanket ban on foreign EPL holders, but a foreign applicant must first register a Namibian company through BIPA (Business and Intellectual Property Authority). Mining claims are restricted to Namibian citizens only.
Environment
An Environmental Clearance Certificate from the Ministry of Environment, Forestry and Tourism is required before mining claims or licences can be worked.
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