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Senegal will proceed soon to the publication of all signed mining agreements. The announcement was made by the D Irector of Mines and Geology.
"In a few days, we will proceed to the publication of all the mining conventions that have been signed," said Ousmane Cisse, D Irector of Mines and Geology. He was speaking yesterday in Dakar, when the Sabodala Gold Operations 2017 report on Corporate Social Responsibility (CSR), entitled "Conversation," was released. For him, the demand for transparency and good governance in the mining sector is at the heart of their concerns. The mining industry must be transparent. Unfortunately, she became suspicious for lack of information and transparency. At some point, if we do not understand the realities of the sector, we will think that it is not transparent. "We have a requirement to inform people and all stakeholders. So Senegal has managed this exercise to be a country that meets EITI standards in a short time. We will have to know that these mineral resources being a property of the Senegalese people, information must be shared, namely revenues and payments to the public, "he said. As Abdoul Aziz Sy, General Manager Sabodala Gold Operations, he returned largely on their activities they had conducted. "In 2017, our production reached a record 233 thousand ounces of gold, or 6.6 tons of metal. We had a good start with 64,000 ounces produced in the first quarter of 2018, and 65,000 ounces in the second quarter, at a lower cost than the first quarter of last year. Our turnover in 2017 is 170 billion FCFA, a 13% jump compared to 2016. ", he explained. According to him, 120 billion CFA francs, representing 70% of this turnover, were directly spent in Senegal including 32 billion CFA francs paid to the State in royalties, taxes, customs duties, among others, and 600 million directly invested in the financing of community projects designed by and for the populations of municipalities around the mine. According to him, in the same year, they totaled 1158 employees, 94% of whom are Senegalese and 45% from the Kédougou region. The ratio of expatriate staff continues to decline inexorably by losing 1 point each year. From 10% in 2013, it is 6% in 2017. Mr. Sy also recalled that the Sabodala mine has been in production since 2009 and they are used to replace the reserves they produce. As a result, the mine now has a life span of 13 years, with reserves of 2.7 million ounces and a significant resource base around 4.4 million ounces to further extend the life of the mine. mine
Zachari BADJI
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