Algiers drops bid bond mining rule
Algiers has dropped its requirement for bid bonds for mining concessions, following controversial awards in the country's latest minerals licensing round in early June, according to a senior industry source.In at least one case, the company that submitted a strong technical and financial bid was disqualified from the competition because of non-compliance with bond requirements, despite the bond being underwritten by the National Bank of Algeria, according to the source.China's ...
Subscriber access only
Sign In
- If you are a new, paid MEED subscriber accessing the site for the first time, please activate your account.
- If you are a registered user who would like to to enjoy unlimited access to MEED.com, click subscribe to purchase a subscription or contact Customer Service by email or by calling +971 (0) 4 368 1588.
- Alternatively, you may browse MEED.com as a registered user for free. Our quick registration will allow you to sample premium business intelligence which is otherwise only available to paying subscribers through our Editor's Choice section, sign up for newsletters and to set up a library of saved articles.
