RE:Right of Validity and PenaltyThanks didingdeep. But after reading the info it seems to me that the exact amounts vary almost every year with the promulgation of a specific legislative decree. For example, this year's decree says the following:
(...) from the first semester of the eleventh year computed from the year following the one in which the mining claim was granted, the concessionaire must pay a penalty equivalent to 2% of the minimum annual production required per year and per hectare effectively granted, until it complies with the minimum annual production or investment.
If the minimum production is not obtained at the expiration of the fifteenth year computed from the year following the one in which the mining claim was granted, the concessionaire must pay a penalty equivalent to 5% of the minimum annual production required per year and per hectare. granted effective, until it meets the minimum annual production or investment.
If the minimum production is not obtained at the expiration of the twentieth year computed from the year following the one in which the mining concession title was granted, the concessionaire must pay a penalty equivalent to 10% of the minimum annual production required per year and per hectare granted. effective, until it meets the minimum annual production or investment.