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L’UNION ECONOMIQUE ET MONÉTAIRE OUEST AFRICAINE (UEMOA) PRESENTATION OF WEST AFRICA ECONOMIC AND MONETARY UNION (WAEMU) By Abdoulaye Koné, Director for Mineral Resources IAIA09 GHANA 20 MAY 2009

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L’UNION ECONOMIQUE

ET MONÉTAIRE

OUEST AFRICAINE (UEMOA)

PRESENTATION OF

WEST AFRICA ECONOMIC AND

MONETARY UNION (WAEMU)

By Abdoulaye Koné, Director for Mineral Resources

IAIA09 GHANA – 20 MAY 2009

- 3,5 millions de Km²

- A common market of 85 millions people

- A common currency, the CFA Franc, linked to euro

- A young population (60% < 25 ans)

UEMOA AREA REPRESENTS:

Togo

Bénin

Burkina Faso

Sénégal

Mali

Guinée Bissau

Côte d’Ivoire

Niger

National sectorial policies through

common actions in the field of the

socio-economic development of state

members.

State members economic regulations.

Coordinate

Harmonize

Sectorial Policies:

Balanced development of the territory through

realistic and efficient common policies in the

following domains:

- Land settlement,

- infrastructures,

- telecommunications,

- transports,

- health,

- higher education,

- capacity building,

- energy,

- mines,

- industry,

- craft industry,

- agriculture,

- breeding,

- fishing

- and environment.

Adopted by the Conference of

Head of states and

governments by additionnal act

N°01/2000 (14/12/2000)

The mining potential of UEMOA region is as follow:

-energetic materials : petroleum, gas, coal, lignite, uranium,

etc. ;

-metallic substances : iron, copper, zinc, nickel, etc. ;

-non metallic substance : phosphates, salt, etc. ;

-precious metals : gold, diamonds, etc.;

-raw materials : ornamental stones, limestone, basalts ;

-underground water : mineral water, thermal water

Mining Potential

Togo

Bénin

Burkina

Faso

Sénégal

Mali

Guinée

Bissau

Côte

d’Ivoire

Niger

PHOSPHATES

FER

TOURBES

ATTAPULGITES

PHOSPHATES

CALCAIRESTOURBES

FER

OR

MATÉRIAUX DE CONSTRUCTION

OR

MAGANESE

ZINC

PHOSPHATES

FER

NICKEL

OR

COLOMBO-TANTALITE

DIAMANT

BAUXITE

PHOSPHATES

OR

PHOSPHATES

CALCAIRES

BAUXITEURANIUM

CHARBON

PHOSPHATES

FER

Mining opportunities insight :

USE THE MINING SECTOR AS A

PWERFULL LEVER FOR THE SOCIAL

AND ECONOMIC DEVELOPMENT OF

UEMOA STATE MEMBERS

VISION :

Establishment of a favorable climate for mining investors

Diversification of the mining production

Local transformation of mineral products

Peaceful coexistence between industrial and smalll scale mining

Environmental protection

GUIDING PRINCIPLES OF THE COMMON MINING

POLICY

1- Non-discrimination principle

3- Flexibility principle

2- Transparency, simplicity and fairness principle

Equal handling of investors

To make easier the comprehension of regulations;

To strengthen the responsibility of the administrations in charge of the

sector and guaranty their credibility.

To adapt the common regulations to the field realities

4- Competitivity principle

5- Sustainability Principle

To strengthen the efficiency of strategies and actions to be setup to

attract investors.

-To foster the exploitation of new deposits, the development of

additional reserves to preserve the live of existing mines

- To avoid to endanger the capacity of future generations to

respond to their needs.

GUIDING PRINCIPLES OF THE COMMON MINING

POLICY

Programs of the

CMP

Harmonization of

regulation framework

Development of intra-Africa

Exchanges Of mining products

GIS development

Capacity building for

administrative and scientific

institutions

Promotion of the secteur

Environmental preservation

Stimulation to exploration

& exploitation of petroleum

The promotion of the sector includes :

-Enhancement of the exploitation of mineral

resources, creation and/or strengthening of

local transformation industries.

-Supervision of small scale mining and

development of small industrial exploitations.

- emergence of local private societies

- Seeking of founding for the development of

the sector.

scientific and institutional

capacity building

-Strengthening of mining institutions

-contribution to scientific research and

education

-institution of a regional and international

cooperation.

The COMMON MINING CODE

(harmonization of regulations)

Rule n°18/2003/CM/UEMOA (22/12/2003) with 7 chapters

3 implementation rules :

Mining claims

Taxation system enforceable to

mining activities

Model of mining Convention

Flat rate duty area tax Royalties

Request for attribution,

renewal, modification,

transfer etc. of mining rights

Tax proportional to the area

claimed, rated according to

the kind of rights

(reconnaissance,

exploration, exploitation)

Rate defined at national level for each

commodity, within regional min-max

values.

TAXATION SYSTEM

The Common Mining code is an

instrument adapted to national and

international demand and practices

in order to enhance the contribution

of the mining sector to State

members economies.

GEOLOGICAL AND MINING GIS

FOR WAEMU COUNTRIES

OBJECTIVE :

Set up a Regional geoscientific information system allowing

State members to share experiences and to be connected to

other geoscientific networks, and to give operational

information to international investors.

The aim is to make easier the gathering, treatment, exchange

of scientific and technical informations in the mining sector at

UEMOA level, in order to set up a Regional Moning

Observatory

FONCTIONS OF UEMOA-GIS

- institutionnal kiosk

- Virtual library

- On line Mapping

- thématique kiosk

- Géoscientific databases

InternetSIG_UEMA

P.F.NP.F.N

Sources d’information

du pays

P.F.N

(Point Focal National)P.F.N

Sources d’information

internatonale : sociétés

minières, bourses, etc..

Niveau Local

SI

Sque

ORGANISATION OF UEMOA GIS

National focal point

N.F.P

End Users

UEMOA_GIS

N.F.P.N.F.P.

Information

on the country

N.F.P.

International information

providers : mining compagnies,

Stock exchange, etc..

Communautary

& International level

National level

Local level

SI

SIGAfriqueInternet

http://sigafrique.uemoa.int

on line mapping

Construction of a regional mining

observatory

D’après G.Récoché et A. Chamaret, 3rd international conference on sustainable

development indicators in the minerals industry - 2007

Construction of a regional mining

observatory

Some statistics

Ex : annual gold production by country

Ex : production by deposit

Construction of a regional mining

observatory

Thank you for attention