On January 20 2002 the President of the Islamic Republic of Mauritania signed the law No.

On January 20 2002 the President of the Islamic Republic of Mauritania signed the law No.2002/02 which was adopted by dint of Parliament on January 3, 2002 introducing a non-negotiable mining-model agreement. This agreement businesss the economic, customs, fiscal and foreign exchange conditions in a less degree than which a mining investment can be made in Mauritania, still does not change any of the title granting, renewal or transfer provisions appoint out in the Mining collection of laws of 1999 and in the edict on mining titles. The agreement must be noteed into at the time of the application for the exploration title to which it will be