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Yemen

Regulatory Risk Rating

Substantial
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Very High
Corruption Exposure Risk
Regulatory Risk Rating Factors Risk Level
1st Come / 1st Serve Subscribe
Application Criteria 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

Yemen's 2010 mining code contains modern concepts of reconnaissance, exploration and mining, as well as quarrying, rights; it is careful to preclude multiple use of land for competing purposes and is quite straightforward in its drafting; weaknesses in the legislation concern several potential "traps" where performance obligations may lead to the loss of a licence (e.g., the obligation to commence mining within two years of certain conditions and to maintain commercial operations) and language needlessly discretion on the part of the Board that overseas the granting of licences.

Contents

Regulatory Risk Rating

Substantial
Regulatory Risk

Regulatory Corruption Risk

Moderate
Regulatory Corruption Risk

Corruption Exposure Risk

Very High
Corruption Exposure Risk