Vietnam: Determination of actual mining output

According to Circular No. 61/2017/TT-BTNMT of the Ministry of Natural Resources and Environment of Vietnam, mining organizations and individuals shall be responsible for complying with provisions to determine the output of actually extracted minerals, including:

- Opening, updating and managing books and documents on engineering issues, materials on financial issues under the provisions of Clause 2 and 3 Article 41 of Decree No. 158/2016/ND-CP of Vietnam’s Government and sample table charts of actual mining output hereto attached.

- Implementing provisions laid down in Clause 2 Article 42 of Decree No. 158/2016/ND-CP of Vietnam’s Government.  Weigh stations must be stationary, match specific topographic conditions of mines, ensure that they are likely to control all of actually extracted minerals and type and size of scales installed at these weigh stations correspond to scale, capacity and engineering infrastructure of mines and types of minerals to be extracted as well as types of transport equipment carrying minerals. Upon compliance with the aforesaid rules, engineering infrastructure used for installation of weigh stations shall be selected and constructed.

- Implementing provisions laid down in Clause 3 Article 42 of Decree No. 158/2016/ND-CP of Vietnam’s Government and integrating actual mining output data, including data on output of major minerals, accompanying minerals and waste aggregates (if any), into regular annual reports on mineral extraction.

- Implementing regulations set out in Article 43 of Decree No. 158/2016/ND-CP of Vietnam’s Government. Mining organizations and individuals shall be legally liable for accuracy of data and information included in books, technical materials, invoices and financial evidence documents, statistical tables or templates and other relevant materials for determination of actual mining output.

Notably, determination of actual mining output must conform to the process and method referred to in this Circular.

View details at Circular No. 61/2017/TT-BTNMT of the Ministry of Natural Resources and Environment of Vietnam, effective from March 07, 2018.

-Thao Uyen-

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