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Fiscal Regime and exemptions

Permit holders and their suppliers and associates are subject to the customs code-unless special terms are set by a Mining Agreement.


The equipment and machinery and their spare parts, provided they are used for prospecting and exploration work, are exempt from custom taxes and duties imported materials and consumables used exclusively for prospecting and exploration work as well as the personal belongings of expatriate personnel and their families are also exempt from custom taxes and duties. However, fuel lubricants and other petroleum-based products are subject to these taxes.

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