Get Nigeria Mining Cadastre Office Application Form

Get The Necessary Licence Permits: Before starting out, decide and get information on the particular permits needed for your venture. Important license permits in Nigeria include small or large scale mining lease, quarry lease, water use permit, reconnaissance permit, and an exploration license.

A Mining Cadastre is the cornerstone of a secure mineral rights system and records the geographical location, ownership and time validity of mining rights, assuring compliance with the payment of fees and/or other requirements to keep a concession valid.

Mining Lease The holder of this lease can exclusively use, occupy and exploit minerals within the lease area not exceeding 50 Kilometres Square. The lease is granted within 45 days of receipt of application with a processing fee of N500,000.

The Mining and Minerals Act (2007) defines the Nigerian Mining Cadastral Office (MCO) as an autonomous body administering mining titles with integrity and in a transparent manner on a "first come, first served" basis.

Requirements for grant of mining lease in Nigeria are as follows: Exploration License. Certified true copy of company certificate and other incorporation documents. Completed application forms. Pre-Feasibility Report. Prospecting plan. Payment of processing fee. Evidence of financial capability.

COST OF MINING LICENSE IN NIGERIA (2023) When it comes to the cost of a mining license, the sum that will be levied is determined by the characteristics of the job that will be performed by the applicant company. The mining license costs around ₦30,000 average.

Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Some of the key requirements to obtain this license include CAC Incorporation Documents; a Tax Clearance Certificate; an Attestation of Non-conviction from a Legal Practitioner; a Bank Reference Letter; Consent of a Mining Permit Holder among others.

Mining Lease The holder of this lease can exclusively use, occupy and exploit minerals within the lease area not exceeding 50 Kilometres Square. The lease is granted within 45 days of receipt of application with a processing fee of N500,000.