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LEGAL AND REGULATORY FRAMEWORKS FOR RESOURCE EXPLORATION AND EXTRACTION-GLOBAL EXPERIENCE

A legal framework is required for most human endeavors, whether it be to apply justice or to establish codes of public conduct or to provide facilities for the conduct of social or economic life by regulating and thus enabling such activities to be carried out in an orderly manner. The number of activities have proliferated considerably mostly as a result of the extra ordinary industrial and social development of the world. Hence, like in all other activities legislation is required to establish rules and regulations to control mining activities. This paper is an attempt to provide a discussion on issues that arise in the design of legislation to regulate the orderly development and operation of activities relating to mineral exploitation. 

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