Decree No. 2015 - 1136 Dated July 29, 2015

Original Language Title: Décret n° 2015-1136 en date du 29 juillet 2015

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Ministry of industry and mining Decree No. 2015 - 1136 dated July 29, 2015 Decree No. 2015-1136 dated July 29, 2015 for merger of mining concessions of Sabodala and Golouma and inclusion of the perimeter of Gora in the new mining concession called Sabodala (Region of Kedougou) granted to Sabodala Gold Operations S.A report submission by Decree No. 2005-520, June 09, 2005 , the State of Senegal has granted a permit mining at the Sabodala Gold Operations S.A (OMS) company, transformed into a mining concession by Decree No. 2007-564 of 30 April 2007, later amended by order No. 2010-408, March 30, 2010, which is expanding the perimeter of the mining for gold concession and related Sabodala substances.

Thanks to the acquisition by Teranga Gold Operation (TGO), parent company of OMS, society Oromin Joint-Venture Group Ltd (OJVG) holder of the Golouma mining concession granted by Decree No. 2010-83 of January 26, 2010, and following the agreement in principle signed March 23, 2013 in Washington between the State of Senegal and Teranga, SGO Corporation seeks fusion of the Gora in the mining concession of Sabodala.

This fusion of mining is motivated by the desire to bring all mining perimeters (Sabodala, Golouma and Gora) in a single administrative act to facilitate maintenance and management. Prior to this request, a mining Convention is signed on 07 April 2015, between the State of Senegal Sobodala Gold Operations S.A (OMS) to clarify and rephrase the mining agreement signed on March 23, 2005 such as amended by addenda 1 to 8.

This is, Mr President, the economy of the draft decree that I submit to your approval and signature.

 

The President of the Republic, pursuant to the Constitution;
Having regard to Act No. 64 - 46 June 14, 1964, the national domain;
Seen the No. 2003-36 of 24 November 2003 on the 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;
Mindful of Decree No. 2005-520 09 June 2005 granting a permit of mining in society Sabodala Gold Operations S.A (SGO), transformed into a mining concession by Decree No. 2007-564 of 30 April 2007;
Having regard to Decree No. 2010 - January 26, 2010 83 granting a mining concession to society Oromin Joint-Venture Group Ltd (OJVG);
Considering Decree No. 2010-408, March 30, 2010 on the extension of the scope of the mining concession for gold and related substances of Sabodala granted to the company Sabodala Gold Operations S.A (SGO);
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, national companies and companies with public participation between the Presidency of the Republic, the Prime Minister's office and ministries, amended by Decree No. 2015-299, March 06, 2015;
Considering Decree No. 2014 - 878 of July 22, 2014, on the powers of the Ministry of industry and Mines;
Having regard to Decree No. 2015 - 855 of 22 June 2015 on the composition of the Government.
Seen the mining agreement signed on 07 April 2015 between the State of Senegal and the Sabodala Gold Operations S.A (OMS) company, clarifying and reformulating the mining agreement signed on March 23, 2005 as amended by amendments 1 to 8;
Seen the letter SGO/DKR/AS/2015/127 of 10 June 2015 of the Sabodala Gold Operations S.A (OMS) company requesting the merger of mining concessions; Sabodala and Golouma and the inclusion of the perimeter of Gora in the mining concession of Sabodala

On the report of the Minister of industry and Mines, decreed: Article 1. -Article 2 of Decree No. 2010-408, March 30, 2010, granting a mining concession to Sabodala (Region of Kedougou) society Sabodala Gold Operations S.A. (SGO) is amended as follows (UTM, WGS84, Zone 28).

PERIMETER of SABODALA (LOT A) Points utmx_28n utmy_28 n SB01 814448,00 1467544,00 SB02 814448,00 1463220,00 SB03 811548,05 1463220,82 SB04 809721,65 1462518,30 SB05 809439,53 1461971,35 SB06 808306,13 1462127,08 SB07 807715,08 1461334,29 SB08 808234,88 1459906,08 SB09 807679,90 1459841,33 SB10 807724,49 1459179,65 SB11 807325,81 1459063,56 SB12 808902,50 1458707,62 SB13 811547,98 1459021,99 SB14 811548,00 1457938,00 SB15 807539,00 1457938,00 SB16 802663,00 1450881,00 SB17 812226,00 1444991,00 SB18 826026,00 1463606,00 perimeter of SABODALA (LOT B) Points utmx_28n utmy_28 n GO01 830860,83 1477162,22 GO02
831022,86 1470460,99 GO03 827923,54 1470386,34 GO04 827977,33 1468150,80 GO05 829769,17 1468150,80 GO06 829740,26 1468845,52 GO07 835749,31 1468988,11 GO08 835760,41 1477167,70 s. 2 - within a period of six (06) months, from the signing of this Decree, the holder will be required to carry out formalities necessary for the registration of concession (Lot B) in the office of land Conservation.

S. 3 - Decree No. 2010-408, March 30, 2010 on the extension of the scope of the mining concession for gold and related substances of Sabodala granted to the company Sabodala Gold Operations S.A. (SGO) is repealed.

S. 4. - the Minister of economy, finance and planning and Minister of industry and Mines are loaded each in relation to the implementation of this Decree which shall be published in the Official Journal of the Republic of Senegal.

Made in Dakar, July 29, 2015.


Macky SALL.
By the President of the Republic: Prime Minister Mahammed Boun Abdallah DIONNE.