A PL is valid for six months with a renewal duration of six months. Only one renewal is allowed. A report detailing all activities must be submitted to the Ministry of Mines within 18 months of the end of the licence period. The licence does not confer any exclusivity on the rights. There appears to be no fees charged for this type of licence.
Licences are valid for three years, renewable for three years with a total of two renewals possible.
Licence areas may be reduced. Exploitation Licence An Exploitation Licence is only granted to a company that is incorporated under Mauritanian Law. The licence is valid for a total of 30 years with a single renewal allowed granting an extension of an additional 10 years. Here the exploitation licence is granted for a period of three years with two renewals permitted, each lasting three years. The surface areas of the workings are not to exceed 2km 2 .