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Besides, the government, in order to attract potential investors, has abandoned its traditional methodology of exploration and research works on the territory of the UAE. Today, the state has adopted the most advanced technologies and the best scientific methodology. Ongoing mapping studies, scientific researches and aerial photography, in turn, have confirmed the diversity and abundance of minerals in the Emirates
The list of minerals, which are mined in the United Arab Emirates, is quite long, ranging from gypsum and copper mines to the extraction of precious stones and metals. Among the profitable recoverable resources, different minerals, salt and marble can be singled out. Today, quarry mining develops actively owing to the policy of attracting direct investments
Dozens of largest international companies invest successfully in this economic sector. For example, Indian investors commercialize the development of chrome deposits and exploration of precious metals. International companies and holdings are specialized not only in cobalt, copper, silver and gold, but they also carry out business activities in other industries
Minerals of the UAE have become a significant revenue item for the state treasury and continue to show positive annual dynamics. It should be noted the fraction of income coming from the mining industry increases annually in the total gross national product. Today the United Arab Emirates export products of the mining industry to the dozens of states and seek to expand the geography of trade relations
The mining industry has for centuries been the driving force behind economies. Whether it is the mining of minerals or metals or precious stones, each mining industry plays a crucial role in the economic activities of many states globally. This principle is no different from the United Arab Emirates, and although the region’s economic uprising was mostly dependent on the finding of oil, the mining industry in the region is fast growing and becoming a highly profitable contributor to the country’s GDP. In the United Arab Emirates, the list of minerals mined in the area is lengthy and ranges from copper and gypsum mines to the extraction of metals and precious stones. With the boom in the technological advancements in the UAE, the establishment took place, of the fact that the country applies the most advanced technologies and the best scientific methods in the mining industry. These methods have ultimately confirmed the variety and abundance of minerals available in many of the different Emirates
The industry in the country is attracting many international companies who are successfully investing in this economic sector. This industry not only includes the process of mining the minerals but as it states that in the UAE the exports of products of mining as both raw materials and as finished goods is steadily increasing. The infrastructure within the UAE is a haven for the mining industry with port facilities and land transport facilities functioning optimally. For this Article and under the UAE legislation, the utilization of the acts of quarrying and mining will be interchangeable.
There are limited laws specific to any of the Emirates regulating mining in the United Arab Emirates; the Federal Laws governing all mining and quarrying activities in the region as a whole. These regulations include:
In Article 3 of the Ministerial Order 110 of 2010 provides the guidelines for quarrying, this provision offers guidelines for drilling, quarry blasting, material handling, and hauling in site. Article 5 of the Order provides the general requirements. This provision states that all mining/quarry operators must submit the production and operations data to the competent local authority and the technical division of the ministry of environment and water. Click here to read more
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