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list of mining leases in malaysia

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guidelines to doing mining business in malaysia

Malaysia is endowed with over 33 different mineral types, comprising metallic, non-metallic and energy minerals, worth several billion dollars in economic potential. However, the country's mineral resource industry continues to remain sluggish. There was a generally a lack of exploration, mine development and capacity expansion in the local industry thus providing a great opportunity to those who see to venture into this area. Trade and trade-related policies remain integral parts of Malaysia's broad economic development strategy, whose key objectives are economic growth sufficient for the attainment of developed country status by 2020

The mining industry comes under the purview of the Ministry of Natural Resources and Environment (NRE). However, as mining activity involves land which is State matter, the approval for mining related applications is empowered to the respective States in consultation with the federal agencies under the purview of the NRE such as the Department of Minerals and Geosciences (DMG), and the Department of Environment (DOE). The Federal Government in 1998, established a National Mineral Council (NMC) to coordinate mineral related matters, co-operation between the Federal and State Governments and oversee the overall integrated development on the mineral industry.

The Federal Government has been urging that abandoned mines be revived, and also encouraging the States to issue more mining licenses. To spearhead the country's mineral resource industry going forward, the Federal Government has recently formulated the National Mineral Policy 2 (NMP2), a revision of the earlier Policy formulated in 1994. The NMP2 was launched in January 2009. The NMP2 provides the foundation for the development of an effective, efficient and competitive regulatory environment for the mineral sector. The thrust of the policy is to expand and diversify the mineral sector through optimal exploration, extraction and utilization of resources using modern technology supported by Research and Development (R&D)

guidelines to doing mining business in malaysia

The salient features of the NMP2 are the provisions for the security of tenure, high land-use priority for mining, uniform and efficient institutional framework, regulations and guidelines. Under the NMP2, emphasis is also given to rehabilitation, environmental protection, sustainable development and the management of social impacts. The country's environmental aspects of mine development are regulated by the Environmental Quality (Prescribed Activities) (Environmental Impact Assessment) Order 1987, which is a subsidiary legislation to the Environmental Quality Act of 1974. Under order1987, a mining lease application for mining leases that are larger than 250 hectares must include and environmental protection plan that is approved by the DOE.

3.       3) A  company  is  limited  by  guarantee  if  the  liability  of  its members  is  limited  to  such  amount  as  the  members  undertake to contribute  in  the  event  of  its  being  wound  up

investment in the gold mining sector in malaysia - energy

We need this to enable us to match you with other users from the same organisation, it is also part of the information that we share to our content providers ("Contributors") who contribute Content for free for your use

Mining is one of the larger industries in Malaysia. Malaysia is blessed with various natural resources, including bauxite, clay, coal, copper, feldspar, gold, gravel, ilmenite, iron ore, kaolin, limestone, mica, monazite, sand, silica sand, struverite and tin. The value of the gross output of the mining sector in Malaysia in 2015 amounted to RM10,667.2 million (approx. USD 2,575.6 million).1

Gold is an important resource and is commonly used in a wide variety of industries, such as jewellery, electronics, medicine, computers, etc. Further, gold is commonly traded as a commodity and is used as a form of investment. Accordingly, the gold mining sector in Malaysia is a lucrative foreign investment attraction

While certain industries in Malaysia (e.g. the banking, healthcare, oil and gas and education industries) have foreign equity restrictions requiring a minimum Malaysian or Bumiputera equity shareholding, the gold mining industry does not have such restrictions. Bumiputeras are persons of the Malay race or natives of Sabah and Sarawak

investment in the gold mining sector in malaysia - energy

Malaysia has good logistic connections and the quality of Malaysian infrastructure is among the best in the world, with world class facilities for maritime, air, road and railroad transport. There are numerous highways, a well-connected railroad system which connects to Thailand, and easily accessible ports and airports

The East Coast Expressway connects the east coast states, where the gold deposits are found, to the rest of West Malaysia. Malaysia also has 7 federal ports throughout the country, including Kuantan Port on the East Coast. This assists in the expeditious export of the gold. There are also 5 international airports with air-cargo facilities

mining lease guide - department of resources

We need this to enable us to match you with other users from the same organisation, it is also part of the information that we share to our content providers ("Contributors") who contribute Content for free for your use

Mining is one of the larger industries in Malaysia. Malaysia is blessed with various natural resources, including bauxite, clay, coal, copper, feldspar, gold, gravel, ilmenite, iron ore, kaolin, limestone, mica, monazite, sand, silica sand, struverite and tin. The value of the gross output of the mining sector in Malaysia in 2015 amounted to RM10,667.2 million (approx. USD 2,575.6 million).1

Gold is an important resource and is commonly used in a wide variety of industries, such as jewellery, electronics, medicine, computers, etc. Further, gold is commonly traded as a commodity and is used as a form of investment. Accordingly, the gold mining sector in Malaysia is a lucrative foreign investment attraction

While certain industries in Malaysia (e.g. the banking, healthcare, oil and gas and education industries) have foreign equity restrictions requiring a minimum Malaysian or Bumiputera equity shareholding, the gold mining industry does not have such restrictions. Bumiputeras are persons of the Malay race or natives of Sabah and Sarawak

mining lease guide - department of resources

Malaysia has good logistic connections and the quality of Malaysian infrastructure is among the best in the world, with world class facilities for maritime, air, road and railroad transport. There are numerous highways, a well-connected railroad system which connects to Thailand, and easily accessible ports and airports

The East Coast Expressway connects the east coast states, where the gold deposits are found, to the rest of West Malaysia. Malaysia also has 7 federal ports throughout the country, including Kuantan Port on the East Coast. This assists in the expeditious export of the gold. There are also 5 international airports with air-cargo facilities

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