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Author Szczesniak, A.
Source CiteSeerX
Content type Text
File Format PDF
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Subject Keyword Mineral Industry Burkina Faso ♦ Automatic Right ♦ Previous Legislation ♦ Mining Permit Holder ♦ Minor Role ♦ Legal Measure ♦ Mining Sector ♦ Minist Re ♦ Hindered Future Mining Development ♦ Exploration Permit ♦ Mineral Sector ♦ Mining Title ♦ Gross Domestic Product ♦ International Monetary Fund ♦ New Mining Code ♦ Exploration Area ♦ Mining Code ♦ Government Agency ♦ World Bank ♦ Mineral Resource ♦ Mining Permit ♦ Free-carried State Interest ♦ Power Parity ♦ Sole Ownership ♦ Primary Objective
Abstract In 2001, the mineral sector played a minor role in Burkina Faso’s economy with some production of cement, gold, pumice, salt, and stone. Other mineral resources included antimony, bauxite, copper, lead, magnetite, manganese, nickel, phosphate, silver, and zinc. The gross domestic product (GDP) was estimated on the basis of purchasing power parity to be $13.98 billion in 2001; the leading industries were agriculture and services. Burkina Faso’s population was estimated to be 11.3 million in 2001 (World Bank, 2001a§1; International Monetary Fund, 2002§). The Government agency responsible for mining is the Ministère de l’Énergie et Mines. In 1997, the Government adopted a new Mining Code with two primary objectives—to standardize all the legal measures that are used to regulate the mining sector and to amend those parts of the previous legislation that had proved inadequate and hindered future mining development. Other provisions of the 1997 Mining Code were as follows: to prevent the state from holding sole ownership of a mining title; to ensure that an exploration permit confers the automatic right for the holder to apply for a mining permit for deposits discovered within the exploration area concerned; to require a mining permit holder to begin production within 2 years of the permit being granted; and to retain a 10 % free-carried state interest in the project (Mining
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study