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Burkinabe gov’t to supervise gold marketing

The government in Burkina Faso is coming up with a bill to enable it oversee the marketing of gold, APA learned on Wednesday from the ministry of Mines.The purpose of the new bill, which is to be enacted by May 2017, is to consolidate in a single law the relevant texts relating to the management of gold marketing activities in the country.

A first draft elaborated since 2015 will be the subject of discussions with operators in the sector, including the tax and local government authorities.

The challenge is to produce an appropriate regulation for the production and marketing of gold in the country.

The draft bill seeks to improve the organization of artisanal miners, improve the marketing system for gold and other artisanal precious substances, as well as improve the functioning of the national control structure for gold marketing.

The bill is much-awaited by the actors in the field and the lawmakers, and will ensure a better organization of artisanal mining, and strengthen the National Agency for Artisanal and Semi-Artisanal Mining (ANEEMAS), as well as consolidate the gold marketing circuit.

Burkina Faso has 13 active mining sites, 11 of which are in gold production, one in zinc digging and one in manganese extraction.

Published on 28.04.2020

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