Decree No. 2016-186 02 February 2016

Original Language Title: Décret n° 2016-186 du 02 février 2016

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Ministry of industry and mining Decree No. 2016-186 02 February 2016 Decree No. 2016 - 186, 02 February 2016 on the transformation of the licensing of small mine attributed to AFRIGOLD S.L. in operating licence for gold and related substances on the perimeter referred to as «KARAKAENA» (Region of Kedougou).

REPORT of PRESENTATION the company AFRIGOLD S.L, whose headquarters is located in C/Américo Yespucio, 16-6835009 Las Palmas de GC-SPAIN and local to the area 8 Almadies, Dakar/5364 4th floor, is a company that is active in the exploration and mining.

By order No. MMITPME/07786/DMG on August 13, 2009, the State of Senegal was granted to Mining Research Company (MRC) S.L, a licence to search for gold and related substances on the perimeter called "Gareboureya North".» AFRIGOLD S.L company sought and obtained the State of Senegal, a licensing of small gold mine by order no DMG-MEM-004776 of July 09, 2012, referred to as perimeter «Karakaena «.»

AFRIGOLD S.L company signed a memorandum with Mining Research Company (MRC) S.L, on the perimeter of "Gareboureya North" to consider the extension of its perimeter and also seek an operating licence. Thus, the AFRlGOLD S.L company States possess the technical and financial capacity required to carry out work of gold mining and provides a budget of eight billion nine hundred thirty-nine million nine hundred and ninety-four thousand five hundred and thirty-four (8939994534) CFA francs, for an annual production estimated at 480 kg of gold.

Pending the finalization of the ministerial order on the environmental compliance certificate, letter No. 2201/MEDD/DEEC/DEIE/A.D of August 05, 2015 has been prepared by the management of the environment and institutions Classes, to certify that the project of small mine of Garaboureya is consistent with impact assessment provisions of the Code of the environment.

Such is the economy of the draft decree.



The PRESIDENT of the Republic, pursuant to the constitution;
Having regard to Act No. 64 - 46 of the 17 national domain juin1964;
PURSUANT to law No. 2003 - 36 of 24 November 2003 on mining code;
Having regard to Decree No. 2004 - 647 of 17 May 2004 laying down detailed rules for the application of the law on mining code;
Having regard to Decree No. 2014 - 845 06 July 2014 appointing the Prime Minister;
Mindful of Decree No. 2014-853 09 July 2014 on the distribution of the services of the State and control of public institutions, societies and corporations with public participation between the Presidency of the Republic, the Prime Minister's Office and the ministries, amended by Decree No. 2015-299 06 March 2015.
CONSIDERING Decree No. 2014 - 878 of July 22, 2014, on the powers of the Minister of industry and Mines;
Having regard to Decree No. 2015 - 855 of 22 June 2015 on the composition of the Government.
CONSIDERING Decree No. 007786/MMITPME/DMG on August 13, 2009, awarding the licence to search for gold on the perimeter referred to as ' Garaboureya ' (Kedougou Region) owned by Mining Research Company (MRC);
Having regard to Decree No. DMG-MEM-004776 of July 09, 2012, granting a leave of small mine of gold on the perimeter referred to as ' Karakaena ' (Kedougou Region) society AFRIGOLD S.L.;
Having regard to the Protocol of September 08, 2010 signed between the company Mining Research Company (MRC) and the AFRIGOLD S.L company;
Having regard to the mining Convention signed between the State of Senegal and society AFRIGOLD S.L., October 08, 2015;
Having regard to the request of 03 April 2015 formulated by the company AFRIGOLD S.L.;

REPORT of the Minister of industry and Mines, Decree: Article 1. -It is granted to the company AFRIGOLD S.L. with registered office at C/Américo Yespucio, 16-68 35009 Las Palmas de GC-SPAIN and its premises 8 Almadies area, 4th floor Dakar / 5364, the transformation of its authority to operating a small mine operating licence for gold and related substances on the perimeter referred to as «Karakaena» (Region of Kedougou).

S. 2 - the perimeter of the operating licence for «Karakaena», which has a renowned area equal to 38.69 km², is delimited by the coordinates UTM WGS 84 ZONE 28 below peaks points: Points vertices X (East) Y (North) 874377 A 1435980 B 880111 C 1435980 880111 1426873 D 876675 1426873 E 876675 1430575 F 875875 1430575 G 875875 1433925 H 874377 1433925 s. 3 - the operating licence is granted for a duration of 05 years renewable as from the date of signature of this Decree.

S. 4 - operating licence is governed by the provisions of Act No. 2003-36 of 24 November 2003 on the Mining Code and its decrees of applications including Decree No. 2004-647 of 17 May 2004 laying down detailed rules for the application of the Act.

S. 5. - the Afrigold S.L company is subject to the payment of fixed fees for an amount of one million five hundred thousand (1,500 000) francs CF A, at the level of the Regional mining and geology of Kédougou Service.

S. 6 - has this Decree is annexed the mining agreement signed on 08 October 2015, between the State of Senegal and the society AFRIGOLD S.L., and which defines the rights and obligations of each of the two parties.

S. 7. - within a period of six (06) months from the date of signature of this Decree, AFRIGOLD S.L. will be required to proceed with the formalities necessary for the inclusion of the operating licence to the Office of the Conservation land.

S. 8 - the Minister responsible for finance and the Minister of Mines shall, within their respective areas of responsibility, to the execution of this Decree which shall be published in the Official Journal of the Republic of Senegal.

Made in Dakar, 02 February 2016 Macky SALL.
By the President of the Republic: Prime Minister Mahammed Boun Abdallah DIONNE