Chương 1 Nghị định 203/2013/NĐ-CP: Những quy định chung

Chapter 1.

GENERAL PROVISIONS

Article 1. Scope of regulation

This Decree details Clause 3 Article 7 of the November 17, 2010 Law on minerals of the XII National Assembly on:

1. The calculation method and charge for granting the mineral mining right.

2. Method of collection, regime of management and use of charge for granting the mineral mining right.

Article 2. Subjects of application

1. State agencies that perform the work of calculation, collection, management and use of charge for granting the mineral mining right.

2. Organizations and individuals that are granted the exploitation license without auction of mineral mining right.

Article 3. Interpretation of terms

In this Decree, the following terms are construed as follows:

1. The geological reserves means a part or whole mineral reserves in the explored zone already been approved by competent state agencies.

2. Reserves to calculate charge for granting the mineral mining right (Q) means geological reserves located in boundaries of the zone licensed for exploitation.

3. The mining reserves means the geological reserves located in boundaries of the zone licensed for exploitation; in which a part of reserves that applies measure of open-pit exploitation or pit mine has been discarded aiming to ensure for feasibility during exploitation.

4. Coefficient of mineral recovery involving measure of exploitation (K1) is the rate between the geological reserves already been discarded partly due to design of mining method and the geological reserves in boundaries of the zone licensed for exploitation.

5. The charge for granting the mineral mining right (R) is defined by the percentage (%) of value of original ore of the mineral zone licensed for exploitation. This value is defined on the basis of elements such as geological reserves, price to calculate royalty and coefficient of mineral recovery involving the method of exploitation, economic-social conditions