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ANPM grants 25 mining claims.

Summary: Twenty-five new mining claims for the exploration and exploitation of mineral substances, worth about DZD 172 million, were granted by the National Agency of Mining Resources (ANPM)

Twenty-five new mining claims for the exploration and exploitation of mineral substances, worth about DZD 172 million, were granted by the National Agency of Mining Resources (ANPM) The claims were granted during the 33rd session of claim awarding for small and medium-sized mines, held in the Ministry of Energy and Mining that recorded the opening of 55 tenders, of which 9 were rejected. The 25 awarded mining sites, which are part of the 52 proposed to tender (5 for exploitation and 47 for exploration), cover many provinces and mainly concern aggregates, clay, tuff, sand, marble, decorative stones, barite, gypsum, and salt. Among the nine rejected tenders, five were submitted by foreign investors who did not fulfil foreign direct investment requirements defined by order 09-01 of July 22, 2009, relating to associating Algerian partners in the capital of the company.

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Publication:UMCI News (Potomac Falls, VA)
Date:Apr 16, 2010
Words:178
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