In 2005 a study “Strategy for the Sustainable Quarrying and Mining Development of Cyprus 2001 -2025” was completed covering all the mineral resources of Cyprus. Therefore Cyprus has a strategy for the exploitation of its mineral resources.
This strategy is generally applied in terms of securing the necessary reserves of the mineral resources of interest.
One of the recommendations of this strategy was the creation a “Mineral Commission” that would have executive role in the licensing and development of the mineral resources. However, instead of creating a “Mineral Commission”, the “Committee for Sustainable Development of Mineral Resources” was created with Council of Ministers’ decision No 67.703 dated 24 September 2008 (Proposal No 980/2008), which has mainly an advisory role.
Information about the Committee for Sustainable Development of Mineral Resources can be found here.
Value chain relevance
- EXPLORATION (incl. permitting)
- EXTRACTION (incl. Permitting)