Asian mining legislation - Policy issues and recent developments

Mining legislation has been given increasing attention in Asia over the last several years. Most Asian countries have recently made major revisions in their mining legislation or are considering new laws to attract foreign investment in the mineral sector. This paper provides an over-view of some of the major issues addressed in new and proposed mining legislation in Asia, including the role of contracts, government equity ownership, taxation and tax incentives, encouragement of rapid development of project resources, environmental protection, and the involvement of local communities in project planning. (C) 1998 Published by Elsevier Science Ltd, All rights reserved.