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United Kingdom

Regulatory Risk Rating

Severe
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 Criteria Subscribe
Competing Licenses 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 Subscribe
Total Subscribe

The modern mining code has found no place in the United Kingdom, which has held on to the archaic, yet rather quaint, notion of landowners maintaing their right to mine minerals, save, of course, for gold and silver (known as Royal Mines) which a court in 1568 (R. v. Earl of Northumberland) indicated rather presumptively belonged to the Queen (upon her application). In this regard, whilst the law of mining does not interfere with the miner, neither does it come to its aid in areas such as the licencing of competing mines, surface and access rights, and permitting. To say that the law is antiquated is an understatement when one must read the Royal Mines Act 1688 in order to fully appreciate a subtle aspect of mineral ownership in the country.

Contents

Regulatory Risk Rating

Severe
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Low
Corruption Exposure Risk