Mining Code Regulation Committee
With major mining projects under development in Senegal and the favorable context prevailing in the international commodities market, prospects are considered good for the Senegalese mining. Regulators felt it necessary to start the process to revise the mining code based on which the mining agreements are signed. The Commission will be responsible for revising the mining code should, based on the current mine status of Senegal and prospects, find the path to equilibrium ie a mining code incentive enough compared to the international environment, but which also takes into account the interests of the country.
In parallel, the Chamber of Mines of Senegal has also set up a “Review of the Mining Code” commission to be involved 100% in the revision of the mining code and to participate in changing these laws governing the sector.