Compensations and collateral

The mining permit holder must pay an annual excavation fee to the owners of land included in the mining area. The annual amount of the excavation fee per property is €50 per hectare. In addition, 0.15% of the calculated value of mining minerals included in the metal ores that are excavated and exploited in the course of the year must be paid as an excavation fee. Taken into consideration in the calculation of the fee are the average price of the exploited metals included in the ore during the year and the average value of other products exploited from the ore during the year.

The mining permit holder must deposit collateral for the purpose of termination and rehabilitation measures of mining operations that is sufficient considering the nature and extent of the mining activity, the permit provisions issued for the activity and collateral required under other legislation. The type and amount of collateral is determined by the permit authority.