Algeria
Legislation
- Mining Law 2014
- Decree No. 18-202
- Environmental Protection Law 2003
- Decree No. 07-145
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
Regulatory Risk Rating Factors | Risk Level |
---|---|
First Come / First Serve | Subscribe |
Application Critiera | Subscribe |
Duration | Subscribe |
Right to Renew | Subscribe |
Competing Licences | Subscribe |
Mineral Coverage | Subscribe |
Right to Mine | Subscribe |
Criteria for Mining Rights | Subscribe |
Tenure | Subscribe |
Surface Rights | Subscribe |
Government Take | Subscribe |
Transfer Rights | Subscribe |
Change of Control | Subscribe |
EIA Process | Subscribe |
Power to Revoke | Subscribe |
Age of Legislation | Subscribe |
Other Factors | Subscribe |
Algeria has clearly thought through the legal regime that it would like to operate within the country and has presented a well-written document that gives rise to relatively few ambiguities. It has thought beyond the form of title documents and introduced new agencies to back-stop the growth of its mineral industry. The problem, however, is that Algeria has found safety and refuge in the old, dark corners of bureaucratic discretion preserving to itself the ultimate control over the miner's destiny.
Contents
Legislation
- Mining Law 2014
- Decree No. 18-202
- Environmental Protection Law 2003
- Decree No. 07-145
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
Overview
Algeria has large reserves of hydrocarbons, which has led to a relatively stable industry that generates a significant portion of GDP and export revenues. However, with the exception of the hydrocarbon industry, Algeria has struggled to develop its mineral industries – primarily due to restrictive regulations and a focus on State-driven growth. In 2016, non-fuel minerals contributed less than 1% of GDP, with the country producing relatively small amounts of minerals such as iron, gold and silver. Algeria’s on-going economic challenges include diversification away from hydrocarbons, dealing with political and security risks, addressing youth unemployment and attracting foreign investment. That being said, as regards the attraction of FDI, requirements around strategic sectors, of which the mining industry is one, continue to restrict foreign investment, limiting opportunities to partnerships where Algeria or Algerian residents maintain majority shareholdings.
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