mining opportunities

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nera s ppor un es n eneganera s ppor un es n enega

Ministry of Mines, Industry & SmallMinistry of Mines, Industry & Small--MediumMediumSize EnterprisesSize Enterprises

by Dr Moussa SYLLA, Directorby Dr Moussa SYLLA, Director

Minerals Opportunities in SenegalNovember 20081


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OutlineOutline

1.1. OverviewOverview

2.2. Mineral Law & PolicMineral Law & Polic

3.3. Mining IndustryMining Industry

4.4. Minerals OpportunitiesMinerals Opportunities

. .. .

4.2 Materials4.2 Materials

2


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Current Mineral PotentialCurrent Mineral Potential

Metals ands Minerals : Iron Ore, Gold, Heavy Mineral Sands (Zircon & Titanium), Base Metals,Metals ands Minerals : Iron Ore, Gold, Heavy Mineral Sands (Zircon & Titanium), Base Metals,phosphates, Industrial Minerals (Limestone, Silica & Clays)phosphates, Industrial Minerals (Limestone, Silica & Clays)

Materials : limestones, sandstones, marbles, etcMaterials : limestones, sandstones, marbles, etc

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Mineral Law & PolicMineral Law & Polic

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Mineral Law & Polic

based on the French civil law

Mining Code: Law N2003-36 of 23 November, 2003 and Regulations(Decree) N2004-647 of 17 May, 2004

Mining Convention: Transparent & Clarity Reduction of transaction costs

Mineral Policy Statement of 6 march, 2003Mineral Policy Statement of 6 march, 2003

Diversification of mineral production

Beneficiation of mineral products before export lawful rights and interests of investors guaranteed

Non-discriminatory principle

Protection of the environment

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Sustainability of mining will be a key objective Design and implementation of GIS database


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Description Reconnaissance Permit Exploration

Permit

Exploitation

Permit

Mining

Concession

FeeFee FreeFree PrescribedPrescribed PrescribedPrescribed PrescribedPrescribed

Maximum size (Sq. Km)Maximum size (Sq. Km) Not stipulatedNot stipulated Not stipulatedNot stipulated Boundaries of theBoundaries of thedepositdeposit

Boundaries of theBoundaries of thedepositdeposit

--

Renewal (months)Renewal (months) 1 X 61 X 6 2 X 362 X 36 55--year periods untilyear periods until

exhaustion of theexhaustion of thede ositde osit

2525--year periods untilyear periods until

exhaustion of theexhaustion of thede ositde osit

Relinquish areasRelinquish areas Not stipulatedNot stipulated 25%25% Not stipulatedNot stipulated Not stipulatedNot stipulated

Minimum spendingMinimum spending According toAccording toprogrammeprogramme

According toAccording toprogrammeprogramme



Work to programWork to program YesYes YesYes YesYes YesYes

Environmental planEnvironmental plan NoNo YesYes YesYes YesYes

Social requirementSocial requirement NoNo NoNo YesYes YesYes

ReportingReporting YesYes YesYes YesYes YesYes

requirementrequirement

RightsRights No preNo pre--emptive rightemptive right Moveable, Transferable,Moveable, Transferable,TransmissibleTransmissible

Retention permit (24m)Retention permit (24m)

Real property right,Real property right,Transferable,Transferable,TransmissibleTransmissible

Real property right,Real property right,Transferable,Transferable,TransmissibleTransmissible

ortgagea eortgagea e ortgagea eortgagea e

RestrictionsRestrictions Not exclusive, notNot exclusive, nottransferable, no customstransferable, no customs

or tax privilegesor tax privileges

IndivisibleIndivisible SomeSome SomeSome


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Fiscal Re ime

State artici ation 10% - Ne otiation of local artnershi in minin ventures

Tax ad valorem: 3%

Tax credit for investments amounting to 40% of the fixed assets over a period of five, , ,

companies, and at 25 % for extensions

Free transfer of capital ompan es wor ng n e m n ng sec or are e g e or e ene s o e nves men

Code.

During the exploration phase: exemption from the sales tax and duties on imported equipment and supplies

necessary for exploration activities, as well as on fuel used for operation of fixedinstallations.

7 During the construction and commissioning period:

benefits from a special tax regime


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Minin IndustrMinin Industr

Production dominated by:

osp ate roc Gold

Clay (attapulgite)

Basalt: Concrete Laterites: Road Construction

Limestone: Concrete & Cement Industry

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Minerals and metals opportunitiesMinerals and metals opportunities

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Where are located mineral resources?

11Map of mineral deposits of Senegal


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ane an ogne rospec ng censes nNorth of Matam concession)

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Lime Phosphates prospecting licenseon romotion

13

reas s e er ng e me

phosphates mining prospectinglicense on promotion


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prospecting concession of Lime phosphatesat the North of Matam

Kanel & Thilogne

Prospecting licenses

Matam Mining

14 Location map of mining concession and the license prospectionat the Norh of Matam


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prospecting concession of Limehos hates of Gossas

A 344566 1617850

B 360650 1617471

D 437903 1612151 E 383066 1562886

15prospecting concession of Lime

phosphates of Gossas


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Lam-lam Aluminum calcic phosphates :prospecting license in promotion

Zones 8 850 ha : 80 MT at 28% % 30%A O and 10%CaO

Potential of several hundreds of MT in the 17500 ha of oldmining concessions 27 S and 29 S canceled in 2007

promotion of the production of natural manures (natural, clinkerand phospal) and of food animal : 01 concession of 108 ha for

SSPT is bein instructed

Dlimitation of 02 prospectig license for the both valorisation ofP2O5 and alumina Al2O3

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Coal prospecting license onromotion

392363 1630914

368891 1658687

396853 1713860

433352 1713860

17

oa prospec ng cense o arou

Mousty


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Peats exploitation project : Power EnergyO tion

and Lompoul

Potential reserves: more

Energy production : Exploitables Reserves : Exploitables Reserves :

. m ons m w. m ons m wcalorific value highercalorific value higher

medium of 4500medium of 4500

bogs

Power Energy: 2 Power Energy: 2powerplants of 15 MWpowerplants of 15 MW

18

or ansor ans

Niayes peat bogs location


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Peats exploitation Project :domestic use

35%

Possible production : 30 MT of peat-coal per year foryears n us r a ac es o per year pea

coal) Im acts on deforestation

Substitution of 30 MT/year de charbon de bois Dakar

croissance rapide pendant plus de 20 ans

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Industrial clays (attapulgitescla s

(Sbikotane)

Exploited by three (03) societies : SSPT at Allou Kagne and Sbikotane

Sngal-Mines at Mbodine

Prochimat at Nianing

Nota Bena : Nianing and Mbodine Mining Concessions ofSSPT always unexploited

l nim l li r il rillin m min r l h r

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4.1. Minerals & Metals4.1. Minerals & Metals

Prospecting license:

23 granted to 14compan es nc u ngsenegalese

07 submitted (in voice)

02 not submitted

Mining Concessions granted :

and Sored Mine

21Gold Prospecting license location


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Gabou: (Bakeldepartement) granted to

a senegalese societyInternational 3S

Diabougou: (Kedougou

departement) granted tothe senegalese GoldMining and Goods

22 Location map of Cooper-Molybdenum prospecting license


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Copper and Molybdenum prospectinglicense in romotion

Points X Y

A 825659 1421922

B 796238 1421922

C 796238 1454805

D 7825659 1454805

23 Location map of Cu-Moprospecting license of Kanmr


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Prospecting license of Molybdenum (Mo),Niobium Nb et Tantalum Ta on romotion

Points X Y

A 803215 1531936

D 805346 1531742

24 Location map DiambaloyeProspecting license


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Tin (Sn) and Lithium (Li) Prospecting licenseon romotion

Points X Y Points X Y

Prospecting license of Binia Prospecting license of Bababrie

A 860433 1403210

B 851173 1414170

C 868152 1436543

B 852080 1421258

C 835291 1439171

25D 876865 1426105

D 852080 1454482


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Tin (Sn) and Lithium (Li) Prospecting licenseon romotion continued

Points X Y Points X Y

Prospecting license of Nafadji Prospecting license of Ylimalo

A 880506 1384361

B 854750 1384361

C 854750 1402489

A 886993 1449132

B 867958 1449113

C 867958 1468664

26D 880506 1402489 D 875029 1468823


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Materials opportunitiesMaterials opportunities

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S b t U Q lit & R L ti


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Substances Uses Quality & Resources Location

Cement High Limestone Quality: 95% Bandia, Pout, Thies

Industrial Limestone Lime

Concrete

a

Important resources

our, agan ao

Silica SandSilica Sand Glasses

2 : . - . ; e2 3: . -

0.5%; Al2O3:0.1-2.7%; CaO: 0.7-

3.1%

Important resources

SandstoneSandstone Concrete

Ornamentals

Important resources Toglou Mbang Paki

SilexiteSilexite Concrete

Ornamentals

> 100 Million Tons Thies (Taiba, Tobene)

This (Tchiki, Pout)

Cement Important resources

,Oussouye, Sefa)

3 Marketable varieties (Black, White& Pink)

,Bandafassi, Ibel)


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Contact:Contact:

Direction of Mines & GeologyDirection of Mines & Geology

Tel/fax: 221Tel/fax: 221--33 822 041933 822 0419Email:Email: [email protected]@orange.sn

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