Procedures For Transition From Group II-B Exploration License To Mining Operation License

I. Exploration License

First and foremost, it should be noted that pursuant to the Mining Regulation, exploration activities for Group II-b, III, IV, and V minerals are carried out under an exploration license. In this context, pursuant to the Mining Law, operation licenses are not granted directly for Group II-B mines; instead, an exploration license is first issued. In this respect, in order to conduct mining operations for a Group II-B mine, an authorization document, namely an operation license, must be obtained, and an operation permit must be granted for the commencement of mining activities. For Group II-B mines, these procedures take place subsequent to the exploration license stage.