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Honduras

Regulatory Risk Rating

Severe
Regulatory Risk

Regulatory Corruption Risk

Very High
Regulatory Corruption Risk

Corruption Exposure Risk

Moderate
Corruption Exposure Risk
Regulatory Risk Rating Factors Risk Level
1st Come / 1st 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

One must remember that Honduras suspended mining activities for seven years following a constitutional ruling that the previous mining law was unlawful; the principal problems with the prior code related to a lack of community agreement to mining activities; it not surprising, therefore, that this modern legal work has attempted to ensure that there is a high level of engagement with local communities. Nevertheless, regardless of the reason and the past, the end result is a defective mining code that does little to assure the miner of security of tenure.

Contents

Regulatory Risk Rating

Severe
Regulatory Risk

Regulatory Corruption Risk

Very High
Regulatory Corruption Risk

Corruption Exposure Risk

Moderate
Corruption Exposure Risk