Government of sierra leone environment protection agency. The country possesses one of the largest rutile reserves in the world. Web page addresses and email addresses turn into links automatically. This policy will be designed to comply with the overall national policies including sierra leone vision 2025 and the agenda for change poverty reduction strategy paper prsp ii. Sierra leone has a long history of mining, starting with diamond mining in the 1930s and gold mining before that. Being an act to consolidate and amend the law on mines and minerals. Sierra leone can also benefit from falling global prices for. You will now see a much broader range of information on the site, more attractively presented and more user friendly. The main economic activities include swamp rice cultivation, upland cultivation of food and cash crops, fishing and rutile mining. The agreements signed with transnational mining companies have often proved unfavourable to the government and people, with the state often accused by activists of colluding with the mining companies. Sierra leone hiv and aids policy for the mining sector. Background the governments development objectives are focused on supporting the private sector in sierra leone which is considered to be the engine of growth for the overall economic development of the country. Mining has been underway in sierra leone since the 1920s. Sierra leone extractive industries transparency initiative.
Sierra leones leading trade partners are belgium, germany, the united states, and cote divoire. Page 4 fess issue brief damage, diamond mining will continue in sierra leone well into the future. Findings on the worst forms of child labor sierra leone. Has their normal place of abode in sierra leone and is present in sierra leone at any time during. The governments 2019 budget indeed spells good news for many sierra leoneans.
Sierra leone gdp growth accelerated in 2011 and the outlook is positive for 2012 and 20. Artisanal mining policy for sierra leone opendatasl. The discovery of diamonds in the kono district in the 1930s announced sierra leone as a mineral rich country but artisanal gold mining commenced much earlier. Proof reading 2nd of december renewable energy policy of sierra leone 6th january, 2015 vi foreword the present trend towards environmentally sustainable energy utilization is a response to global climate change. Kpmg confidential sierra leone fiscal guide 20172018 3 residents an individual is a resident individual for a year of assessment, if that individual. Accordingly, the mine mined and generated over 94,000 tons of rutile concentrate and over 22,500 tons of ilmenite concentrates.
The government of sierra leones recent termination of mining lease agreements with two iron ore mining companies, namely sl mining, a gerald group wholly owned subsidiary and the chinese miner, shandong mining company, over disputed royalty payments and noncompliance with the nations mining laws, has resulted in referral of the. The little resources allocated are progressively corrupted to have a retrogressed impact in the quest for just and sustainable mining activities in sierra leone. In order to ensure the continued peace and development of sierra leone, the country must balance mining, which brings in badly. Government of sierra leone public sector reform unit. Other major mineral resources in sierra leone are titanium ores and iron ore. I will then present a brief discussion of the natural assets project and how it could be applied to postconflict development in sierra leone. Alluvial diamond mining continues to be a major source of revenue for the country accounting for almost half of sierra leones exports. Global database on the implementation of nutrition action gina submit. The mission received the full cooperation of the relevant ministries and agencies, in particular the ministry of trade and industry and the sierra leone investment and. The ministry of finance is a key arm of the government of sierra leone mandated to to formulate and implement sound economic policies and public financial management, ensure efficient allocation of public resources to promote stable economic growth and development in the context of a stable macroeconomic environment. Centre of sierra leone studies the economy of sierra.
The impacts have become a crisis when environmental and social costs overwhelmingly supersede economic gain. The artisanal mining policy for sierra leone has been prepared as part of a series of. In furtherance of these reforms, a new sierra leone minerals policy 2019 has been prepared to replace the core minerals policy of 2003. Fairly weak gdp growth was in conjunction with falling inflation, which is projected to subside from 12. The strategic environmental and social assessment sesa of the mining sector in sierra leone was undertaken in response to the government of sierra leones gosl request for assistance in developing its minerals policy. Mining sierra leone export, area, annual, policy, sector. The countrys longterm development and transformation goals announced in the new direction manifesto are consistent. Centre of sierra leone studies the economy of sierra leone part 1 this section of the csls data base will contain some duplication. Sierra leone can also benefit from falling global prices for renewable. The 2009 mines and minerals act and 2011 petroleum. Mining 2020 laws and regulations sierra leone iclg. Mining in sierra leone has been seen as one of the key factors for instability in the country and one of the reasons for the countrys recent civil war. Has their normal place of abode in sierra leone and is present in sierra leone at any time during the year of assessment. Mining laws and regulations covers common issues in mining laws and regulations including the mechanics of acquisition of rights, foreign ownership and indigenous ownership requirements and restrictions, processing, beneficiation in 28 jurisdictions.
Just under a year ago, a local artisanal miner found a 709carat diamond in eastern sierra leone, which now stands as the th largest diamond in the world. Policy planning and research field operations and extension natural resource management climate change secretariat. The dingdong affair between the iron ore miner sl mining and the ministry of mines and mineral resources continues unabated. Sierra rutile limited srl has been continually extracting these minerals in southwestern sierra leone since 1967. Centre of sierra leone studies the economy of sierra leone. All suggestions for corrections of any errors about sierra leone economy 2020 should be addressed to the cia or the source cited on each page. Sierra leones mining sector accounts for nearly onefifth of gdp and nearly all of exports. Government of sierra leone versus sl mining and shandong. The sesa will help meet longterm country development by integrating environmental and social considerations in mining. In the context of this policy, unfair discrimination may occur when an employee is treated differently due to their real or perceived hiv positive status in a way which. Exploration results have revealed several mineral deposits around the country, including gold, bauxite and rutile. We undertake exploration, development and production of iron ore concentrate with an aim to produce among the highest grade iron ore concentrate in the world.
Sierra leones finance ministers balancing act on a. Country policy and institutional assessment cpia score of 3. Sierra leone delegation december, 2016 national framework for the implementation of meas the environment protection agency sierra. The area also has some of sierra leones best agricultural land wherein various crops thrive. Sierra leone, and this is, to date, the thirdlargest diamond ever found. The area also has some of sierra leone s best agricultural land wherein various crops thrive.
Mining is significant to the economy of sierra leone. It is our hope that through this artisanal mining policy for sierra leone, all stakeholders will get a better understanding of governments efforts to formalize the artisanal mining sector and optimize benefits that can be gained from artisanal mining for miners, investors, and local communities. Sierra rutile mine produces huge amount of ilmenite and rutile concentrates, which are common titanium ores. This policy is a more comprehensive document that considers international, continental and regional initiatives relevant to mineral sector governance and management, captures recent. Aug 31, 2012 sierra leone has a rich supply of natural resources including diamonds, iron ore, gold, titanium ore, bauxite, and chromite. Sierra leone economic outlook african development bank. Artisanal recovery of gold was another important mineral output, and petroleum refining was the countrys fourthleading industry. Abstract the strategic environmental and social assessment sesa of the mining sector in sierra leone was undertaken in response to the government of sierra leone s gosl request for assistance in developing its minerals policy. The mining industry is dominated by largescale producers of iron ore, diamonds, rutile, and bauxite as well as smallscale and artisanal mining of gold and diamonds. The key minerals mined in sierra leone are diamond, gold, rutile or titanium oxide and bauxite. The amount also includes support to the sierra leone seed certification agency, sierra leone agricultural research institute as well as the development of rice and livestock value chains. Diamond mining, like any other form of mining in sierra leone has caused environmental, economic and social discord in mining regions in sierra leone.
Sl mining limited engages in sustainable and responsible iron ore mining in the port loko district of the northern province of sierra leone. Aug 26, 2008 the key minerals mined in sierra leone are diamond, gold, rutile or titanium oxide and bauxite. In 2012 and 20, sierra leone achieved gdp growth of 15. Government sierra leone is governed under the constitution of 1991 as amended. No claims are made regarding the accuracy of sierra leone economy 2020 information contained here. President bio and vice president jalloh together with officials from ministries, departments, and agencies, donated 3 months of their salaries to eliminate school fees for more than 2 million students in primary and secondary education. Whilst at first glance, these may not be new ideas or themes, it will be as much about the comprehensive manner and behavior of future engagement countryled. We hope that this update report will inform and stimulate the policy debate and set an agenda for further development in sierra leone. The world bank, ifad, jica and idb will also disburse the sum of le124. The nlp calls for land valuation methods sanctioned by policy and law that take into account markets as well as nonmarket factors, such as.
May 23, 2018 if the government and policy makers of sierra leone wish to address the poverty and inequality of diamond mining, a more nuanced understanding of the realities in these mining communities is needed. How the wealth from sierra leones diamonds fails to. Monetary policy remained tight throughout 2017 as the bsl raised the monetary policy rate mpr on four consecutive occasions, in march, june, september, and december, respectively, to contain inflationary pressures. This will segue into the postconflict challenges and opportunities faced by sierra leone, as well as a discussion of relevant policy recommendations made by economists. Inequitable benefitssharing of natural resource wealth was one of the drivers in the civil war that ravaged the country from 1991 to 2002. Mining laws and regulations covers common issues in mining laws and regulations including the mechanics of acquisition of rights, foreign ownership and indigenous ownership requirements and restrictions. It has been composed to allow readers to gain an accurate and comprehensive range of materials of the economy of sierra leone in the past, the present and the future. Sierra leone is endowed with rich natural resources.
The tighter policy stance of the bsl has led to tight liquidity. If the government and policymakers of sierra leone wish to address the poverty and inequality of diamond mining, a more nuanced understanding of the realities in these mining communities is needed. Anyanwu and others published mining and the economy of sierra leone find, read and cite all the research you need on researchgate. Artisanal mining in sierra leone is legally defined as operations that does not exceed. Diamond mining and environmental policy and regulations the. Sierra leone local content policy humanitarianresponse. Diamond mining and environmental policy and regulations. Jan 07, 2020 sierra leone is endowed with rich natural resources. A significant number of pensioners who now receive less than le20, 000 per month as pension payment will have this.
Policy of 2003 is now being replaced by this sierra leone minerals policy of 2018. In particular, the local content policy will enhance the implementation of the agenda. In february 2019, the government launched the national development plan 201923 to guide development over the next five years, supported by. The key instrument in this is the 1994 mines and minerals act, as amended in 1996. This minerals policy has been prepared as part of series of legal, regulatory and institutional reforms introduced by the government to ensure that sierra leone. Growth is mainly driven by mining sector activities and the new discoveries of iron ore mines aided by policy that will boost the. This will inevitably mean greater environmental damage if the consequences of mining are not adequately addressed. Sierra leone, officially the republic of sierra leone, is located in west africa, bordered by guinea to the north and east, liberia to the southeast and the atlantic ocean to the south and west. National minerals agency nma open data sierra leone. The artisanal mining of diamonds was sierra leones leading industry in 2002, and diamonds and rutile were the top export commodities. Sierra leone has relied on mining for its economic base, especially of diamonds. Four of the 20largest diamonds in the world are from sierra leone. Artisanal mining policy for sierra leone national minerals agency. And third, sierra leones commitment to the african mining vision amv adopted by all african heads of states in 2009.
The company, which is 100% owned by the usbased gerald group, operates the marampa mines in lunsar in northern sierra leone and was slammed a 21day suspension for various alleged breaches, including contravening provisions of the mines. How the wealth from sierra leones diamonds fails to enrich. In 2018, sierra leone made a minimal advancement in efforts to eliminate the worst forms of child labor. Policy planning and research field operations and extension natural resource management climate change secretariat finance and administration chemical control and management compliance and enforcement the environment protection agency sierra leone. The diamond mining policies in sierra leone may lack both precautionary and remedial actions. Whereas the sierra leone minerals policy remains the primary mining policy for sierra leone, the preparation of an artisanal mining policy as a separate policy is. The nation is home to the thirdlargest natural harbour in the world. The executive branch is headed by the president, who is both head of state and head of government. Sierra leone has a rich supply of natural resources including diamonds, iron ore, gold, titanium ore, bauxite, and chromite. Sierra leone is one of the fastest growing economies in africa, with mining and agriculture as the primary industries driving such economic growth.
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