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The mining industry is international in character and many mining and exploration companies operate in multiple foreign jurisdictions. This subject examines the legal, fiscal and regulatory regimes that govern mineral exploration and production internationally, with a particular emphasis on exploration and mining in developing countries. It deals with the negotiation of mining development agreements with host governments, regulatory schemes and fiscal regimes, community agreements, principles of sustainability and international norms affecting the mining sector. The lecturers have extensive practical experience in mineral ventures in a number of different jurisdictions.
Principal topics include:
- Mining development agreements
- Mineral ownership
- Legal structures
- Exploration regimes
- Fiscal regimes
- Foreign investment controls
- Marketing and financing issues
- Communities and indigenous peoples
- Land access issues
- Sustainable development principles
- International frameworks and norms applicable to mining.
Intended learning outcomes
A student who has successfully completed this subject will:
- Gain a broad understanding of the legal, fiscal and regulatory frameworks governing exploration and mining internationally but with particular emphasis on mining in developing economies
- Appreciate the multitude of legal, social and economic issues that exploration for and development of a mineral resource may entail, particularly in a developing economy
- Understand what a Mining Exploration and Development Agreement might cover such that students will have an appreciation of the issues for negotiation whether from the perspective of a host government, investor, financier, community or other stakeholder
- Gain a broad understanding of the key standards, best practice guidelines and corporate social responsibility principles applicable to the international mining industry.
Last updated: 2 December 2019