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Lissa Mining Services Company Limited, International Mining Development S.A., Concession, 2010
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16 key clauses
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Company structure

The government acknowledges that Lissa Mining Services Company may create or designate, in addition to International Mining Development, one or... more

Page 17 ( Art. 11.1 )

Confidentiality

Unless required by law, the government and its representatives shall not be entitled to access information which are subject to... more

Page 18 ( Art. 15.2 )

Country

The Republic of Guinea

Page 5 ( Preamble )

Environmental impact assessment and management plan

International Mining Development will provide the government technical studies which cover baseline environmental studies; it is estimated these studies will... more

Page 15 ( Art. 8 ), Page 16 ( Art. 9.1 )

Environmental protections

International Mining Development and Lissa Mining Services Company agree to carry out exploitation operations in a safe manner, according to... more

Page 19 ( Art. 18.3(A) )

Governing law

The law of the Republic of Guinea.

If, the general terms of the contract modify, exclude, contradict or come into...
more

Page 12 ( Art. 3 )

Infrastructure

Lissa Mining Service Company and International Mining Development have expressed the desire to build, possess and enhance the areas put... more

Page 21 ( Art. 20 )

Infrastructure - third party use

If, after the date of the contract, a third party makes a request to the government to have a right... more

Page 21 ( Art. 20.5 )

Name of company executing document

Lissa Mining Services Company Limited and International Mining Development S.A.

Page 5 ( Preamble, Preamble )

Resource(s)

Bauxite

Page 5 ( Preamble )

Restrictions on transactions with affiliated parties

Any sale of a product to an affiliated company must be made at prices that are similar to those made... more

Page 20 ( Art. 18.5 )

Social/human rights impact assessment and management plan

International Mining Development will provide the government technical studies which cover baseline social and community studies; it is estimated these... more

Page 15 ( Art. 8 ), Page 16 ( Art. 9.1 )

Stabilization

It is expressly acknowledged and accepted by the government that the contract includes particular derogations of the current legislation, including... more

Page 12 ( Art. 3 )

State participation

Before the financial close of the initial project, the government shall have the right to purchase up to 20% of... more

Page 17 ( Art. 12.1 )

Term

The term of the agreement is 75 years as of the effective date. At the end of this contractual period,... more

Page 12 ( Art. 4 )

Type of contract

Mining concession agreement

Page 1 ( Title page )
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Metadata

Country

Guinea

Signature Year

2010

Resource

Aluminum | Bauxite

Type of Document

Company-State Contract

Open Contracting Identifier

ocds-591adf-2962312827

Disclosure Mode

Government

Associated Documents
IMD - Convention Annulee, International Mining Development, Lissa Mining, Concession, 2010

More from

Guinea

More for

Aluminum | Bauxite

This site provides summaries of contracts and their terms to facilitate understanding of important provisions in the documents. These summaries are not interpretations of the documents. Neither the summaries nor the full contracts are complete accounts of all legal obligations related to the projects in question. This site also includes document text that was created automatically; such text may contain errors and differences from the original PDF files. No warranty is made to the accuracy of any content on this website.

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URL : https://contrats.mines.gov.gn/contract/ocds-591adf-2962312827/view