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Mining Global Inc. MNGG
Posted On: 10/31/2014 8:35:29 AM
Post# of 12259
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Posted By: smartmoney
I'd like to share some DD gathered by "Getmoreshares" on ihub. You may find it useful.

http://www.sdsg.org/wp-content/uploads/2011/0...t-2006.pdf

Section 79

Non-citizen’s right to apply for industrial mineral right

(1) A person who is not a citizen may apply for a mineral right in respect of industrial mineral provided the proposed investment in the mineral operations is US$ ten million or above.

(2) If the holder of the mineral right fails,
within the period of time specified in the
holder’s programme of mineral operations given with the application, or further
time permitted by the Minister, to expend an amount equal to or greater than US$
ten thousand, the Minister may suspend or cancel the mineral right in accordance with section 68













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