SCHEDULE-II

BALOCHISTAN MINERAL RULES, 2002 BALOCHISTAN MINERAL RULES, 2002 [Gazette of Balochistan, Extraordinary, 9th March, 2002] No. S.O.(MR)4-6/2002, dated 8-1-2002.--In exercise of the powers conferred by section 2, of the Regulation of Mines and Oil-Fields and Mineral Development (Government Control) Act, 1948, (XXIV of 1948) the Government of Balochistan is pleased to make the flowing Rules:-- SECOND SCHEDULE (Rule 110) ANNUAL RENTALS Rentals (Rupees per Square kilometre) Period (years) Cateaory Mineral Title Term of Licence Reconnaissance Licence 0 Years 1 - 3 Exploration Licence 250 Years 1 - 3 First Renewal 750 Year 1 1,000 Year 2 1,250 Year 3 Second Renewal 2,000 Year 1 2,500 Year 2 3,000 Year 3 Mineral Deposit???????????????????? Retention ? Licence 3,000 Year 1 - 2 - Renewal 3,000 Year 1 Mining Lease 3,000 Term of lease Renewal 3,000 Renewal period ??????????????????????????????????????????????????? Small Scale Mining Prospecting Licence?? i) Rs.5/- per acre per annum for First two years of P/L term. ii) Rs.15/- per acre per annum Beyond the two years of term of P/L Mining Lease. Rs.5/- per acre per annum subject to minimum of Rs.5,000/-