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Dominican Republic

Regulatory Risk Rating

Low
Regulatory Risk

Regulatory Corruption Risk

Low
Regulatory Corruption Risk

Corruption Exposure Risk

Low
Corruption Exposure Risk
Regulatory Risk Rating Factors Risk Level
1st Come / 1st Serve Subscribe
Application Critiera Subscribe
Competing Licences Subscribe
Right to Renew Subscribe
Duration 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

Written in the 1970s (or possibly the late 1960s) under (we suspect) heavy US influence, the law of the Dominican Republic is a strong model for development. Aside from the discretionary nature of the ultimate mining concession award, which is the Achilles heel of the legislation (and may prove to haunt those who ignore it), all of its other parts support development and help to ensure the retention of just rewards from the making of a discovery.

Contents

Regulatory Risk Rating

Low
Regulatory Risk

Regulatory Corruption Risk

Low
Regulatory Corruption Risk

Corruption Exposure Risk

Low
Corruption Exposure Risk