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Certificate of Approval for Economic-Technical Feasibility Study
经济技术可行性研究报告核准证明
ໃບຮັບຮອງບົດລາຍງານການສຶກສາຄວາມເປັນໄປໄດ້ທາງດ້ານເສດຖະກິດ-ເຕັກນິກ
Any legal entity who has completed mining prospecting and exploration, as well as completed an economic-technical feasibility study, that intends to conduct mining activities or enter into a mining development contract with the government. Apply at Mine Management Department.
Who needs this
Any legal entity who has completed mining prospecting and exploration, as well as completed an economic-technical feasibility study, that intends to conduct mining activities or enter into a mining development contract with the government.
Requirements
- Must complete mining prospecting and exploration.
- Prepare the economic-technical feasibility study in accordance with the Instruction on the Approval of the Detailed Economic-Technical Feasibility Study on Mining Projects No. 1107/MOEM, dated 16 June 2014.
Documents — first application
| Document | Note |
|---|---|
| Economic-Technical Feasibility Study |
Legal framework
- Presidential Ordinance on Fees and Service Fees
- Order endorsing and approving the Mining Department Instruction on Feasibility Study
- Law on Mineral (Amended)
How to submit
- Means of presentation
- At the Authority Offices
- Address of authority
- Mine Department, Ministry of Energy and Mines
- Processing time
- 120 The Ministry of Energy and Mines shall approve the economic-technical feasibility study no later than 120 days from the date of receiving the accurate and complete study. In the case of approving the report, the Ministry of Energy and Mines shall submit it to the government for consideration through the Ministry of Planning and Investment.
Validity and renewal
- Has an expiry date
- YES
- Renewal process
- - The validity of the certificate depends on the economic-technical feasibility study - The feasibility study's validity does not exceed 2 years, and it can be renewed once but not more than 1 year. (Article 59 of the Law on Mines). - In case the investor has carried out mining and processing activities until the end of the contract, but there are still economic minerals left; The company has the right to request to extend the project with the government, but it requires another economic-technical feasibility study. If there are still economic minerals, the Ministry of Energy and Mines will submit it to the government through the Ministry of Planning and Investment to consider the renewal of the contract and the grant.
Additional comment
The report shall be submitted in 1 electronic copy and 2 hard copy, attached with all the relevant supporting documents.