Technical Assistance on Mining Matter for The Gambia *new*

Technical Assistance is being provided to the Government of The Gambia in preparing model prospecting and mining licences under the new mining law of Gambia.  This was a recommendation from earlier assistance provided by the Commonwealth Fund for Technical Cooperation in 1999-2001.   The project will also be reviewing and advising on applications from an Australian mining company, for licences to carry out mineral operations, including mining of heavy minerals and exploration.

SASD will assist The Gambia to develop model licences/agreements containing terms consistent with the new Mines and Quarries Bill awaiting enactment and other relevant legislation. Model licences/agreements set out a basis on which the Government grants mineral rights to explore for and mine minerals in The Gambia and are essential for the promotion of mineral investment.

SASD will also assist The Gambia to carry out a review of the applications received from the Australian mining company for prospecting and mining licences in order to identify and comment on any legal, economic and technical issues and provide support to the Government in negotiating licence terms. The negotiation of terms acceptable to both parties will allow investment to proceed and send out a strong positive signal to the international investment community.

 

 

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