not registered yet? Register
Register for free access
Already registered? Login

Spain

Regulatory Risk Rating

Substantial
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Low
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

Whilst the mining code is "mature", and somewhat unique, as with fine wine it has aged well. The law is clear in most respects, offering clarity of process and soft assurances that the right to mine will be honoured. Discrimination against foreigners has been removed (from 2009) and the potential for political interference mitigated by its membership in the EU. That said, the law is not without fault and would almost certainly benefit from future amendments aimed at reducing the considerable degree of government discretion that the Mines Act currently contains.

Contents

Regulatory Risk Rating

Substantial
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Low
Corruption Exposure Risk