Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past

Political instability and lack of an enabling and internationally competitive environment conducive to attracting investments particularly affected the mining sector. Excessive government control and attempts to raise higher foreign exchange and fiscal revenues from artisanal diamond activities were...

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Bibliographic Details
Main Author: World Bank
Format: Mining/Oil and Gas
Language:English
en_US
Published: Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/07/6226921/sierra-leone-tapping-mineral-wealth-human-progress-break-past
http://hdl.handle.net/10986/8688
id okr-10986-8688
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ADMINISTRATIVE CAPACITY
ALUMINUM
ARTISAN MINING
ARTISANAL AND SMALL-SCALE MINING
ARTISANAL GOLD
ARTISANAL MINERS
ARTISANAL MINING
ARTISANAL SMALL-SCALE
AUTHORITY
BASE METALS
BAUXITE
BENEFICIATION
CADASTRAL PROCEDURES
CADASTRE
CAPACITY BUILDING
CLAYS
CLOSED MINES
CLOSURE
COMPLEX TASK
CONCESSION AREAS
COPPER
DECISION-MAKING
DEVELOPMENT STRATEGY
DIAMOND MINING
DIAMONDS
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC OUTCOMES
EITI
EMPLOYMENT
ENVIRONMENTAL
ENVIRONMENTAL IMPACTS
EXPLOITATION
EXPLORATION AND MINING
EXPLORATION LICENSE
EXPLORATION LICENSES
EXTRACTIVE INDUSTRIES
EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE
FEASIBILITY STUDIES
FISCAL
FISCAL REVENUES
FOREIGN EXCHANGE
GEOLOGICAL DATA
GEOLOGICAL INFORMATION
GEOLOGICAL MAP
GEOLOGICAL MAPS
GEOLOGICAL SURVEY
GEOLOGY
GOLD
GOLD MINES
GOLD PRODUCTION
GOVERNMENT POLICIES
GOVERNMENT REVENUE
GOVERNMENT REVENUES
HEALTH
ILLEGAL MINING
IMPORTS
INCOME
INFLATION
INSTITUTIONAL CAPACITY
INSTITUTIONAL FRAMEWORK
INVESTMENT EXPENDITURES
IRON
IRON ORE
LABOR FORCE
LARGE MINING
LARGE-SCALE MINES
LARGE-SCALE MINING
LEGAL FRAMEWORK
LEGAL PROVISIONS
LICENSE FEES
LICENSE HOLDERS
LIGNITE
LIVING CONDITIONS
MACROECONOMIC STABILITY
MECHANIZED MINING
METALS
MINE DEVELOPMENT
MINERAL ACTIVITIES
MINERAL DEPOSITS
MINERAL DEVELOPMENT
MINERAL EXPLORATION
MINERAL EXPORTS
MINERAL LICENSE
MINERAL LICENSES
MINERAL POLICY
MINERAL POTENTIAL
MINERAL PRICES
MINERAL PRODUCTION
MINERAL RESOURCES
MINERAL RIGHTS
MINERAL SECTOR
MINERAL SECTOR DEVELOPMENT
MINERAL SECTOR REVENUES
MINERAL WEALTH
MINERALS
MINES
MINES DEPARTMENT
MINING ACTIVITIES
MINING ACTIVITY
MINING AREAS
MINING COMMUNITIES
MINING COMPANIES
MINING COMPANY
MINING COUNTRIES
MINING DEVELOPMENT
MINING INDUSTRY
MINING INVESTMENT
MINING INVESTMENT AGREEMENTS
MINING LAW
MINING LAW AND REGULATIONS
MINING LEGISLATION
MINING LICENSES
MINING OPERATIONS
MINING PERMITS
MINING SECTOR
MINING SECTOR REFORM
MINING TITLE
MOLYBDENUM
MONETARY POLICY
MULTIPLIER EFFECT
NATIONAL ECONOMIES
NATIONAL MINERAL POLICY
NATIONAL POLICY
NATIONAL POLICY FRAMEWORK
NICKEL
OPERATING ENVIRONMENT
ORES
PERCEPTION
PLATINUM
POLITICAL INSTABILITY
POOR GOVERNANCE
POTENTIAL INVESTORS
PRIVATE INVESTMENT IN MINING
PRODUCTIVITY
QUARRYING
REAL GDP
RECLAMATION
REFINING
REGULATORY FRAMEWORK
REHABILITATION
REPRESENTATIVES
REVENUE FLOWS
SMALL-SCALE MINERS
SOCIAL DEVELOPMENT
SUSTAINABLE DEVELOPMENT
TAXATION
TITANIUM
TRADE POLICIES
TRADE REFORMS
TRANSPARENCY
ZINC
spellingShingle ACCOUNTABILITY
ADMINISTRATIVE CAPACITY
ALUMINUM
ARTISAN MINING
ARTISANAL AND SMALL-SCALE MINING
ARTISANAL GOLD
ARTISANAL MINERS
ARTISANAL MINING
ARTISANAL SMALL-SCALE
AUTHORITY
BASE METALS
BAUXITE
BENEFICIATION
CADASTRAL PROCEDURES
CADASTRE
CAPACITY BUILDING
CLAYS
CLOSED MINES
CLOSURE
COMPLEX TASK
CONCESSION AREAS
COPPER
DECISION-MAKING
DEVELOPMENT STRATEGY
DIAMOND MINING
DIAMONDS
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC OUTCOMES
EITI
EMPLOYMENT
ENVIRONMENTAL
ENVIRONMENTAL IMPACTS
EXPLOITATION
EXPLORATION AND MINING
EXPLORATION LICENSE
EXPLORATION LICENSES
EXTRACTIVE INDUSTRIES
EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE
FEASIBILITY STUDIES
FISCAL
FISCAL REVENUES
FOREIGN EXCHANGE
GEOLOGICAL DATA
GEOLOGICAL INFORMATION
GEOLOGICAL MAP
GEOLOGICAL MAPS
GEOLOGICAL SURVEY
GEOLOGY
GOLD
GOLD MINES
GOLD PRODUCTION
GOVERNMENT POLICIES
GOVERNMENT REVENUE
GOVERNMENT REVENUES
HEALTH
ILLEGAL MINING
IMPORTS
INCOME
INFLATION
INSTITUTIONAL CAPACITY
INSTITUTIONAL FRAMEWORK
INVESTMENT EXPENDITURES
IRON
IRON ORE
LABOR FORCE
LARGE MINING
LARGE-SCALE MINES
LARGE-SCALE MINING
LEGAL FRAMEWORK
LEGAL PROVISIONS
LICENSE FEES
LICENSE HOLDERS
LIGNITE
LIVING CONDITIONS
MACROECONOMIC STABILITY
MECHANIZED MINING
METALS
MINE DEVELOPMENT
MINERAL ACTIVITIES
MINERAL DEPOSITS
MINERAL DEVELOPMENT
MINERAL EXPLORATION
MINERAL EXPORTS
MINERAL LICENSE
MINERAL LICENSES
MINERAL POLICY
MINERAL POTENTIAL
MINERAL PRICES
MINERAL PRODUCTION
MINERAL RESOURCES
MINERAL RIGHTS
MINERAL SECTOR
MINERAL SECTOR DEVELOPMENT
MINERAL SECTOR REVENUES
MINERAL WEALTH
MINERALS
MINES
MINES DEPARTMENT
MINING ACTIVITIES
MINING ACTIVITY
MINING AREAS
MINING COMMUNITIES
MINING COMPANIES
MINING COMPANY
MINING COUNTRIES
MINING DEVELOPMENT
MINING INDUSTRY
MINING INVESTMENT
MINING INVESTMENT AGREEMENTS
MINING LAW
MINING LAW AND REGULATIONS
MINING LEGISLATION
MINING LICENSES
MINING OPERATIONS
MINING PERMITS
MINING SECTOR
MINING SECTOR REFORM
MINING TITLE
MOLYBDENUM
MONETARY POLICY
MULTIPLIER EFFECT
NATIONAL ECONOMIES
NATIONAL MINERAL POLICY
NATIONAL POLICY
NATIONAL POLICY FRAMEWORK
NICKEL
OPERATING ENVIRONMENT
ORES
PERCEPTION
PLATINUM
POLITICAL INSTABILITY
POOR GOVERNANCE
POTENTIAL INVESTORS
PRIVATE INVESTMENT IN MINING
PRODUCTIVITY
QUARRYING
REAL GDP
RECLAMATION
REFINING
REGULATORY FRAMEWORK
REHABILITATION
REPRESENTATIVES
REVENUE FLOWS
SMALL-SCALE MINERS
SOCIAL DEVELOPMENT
SUSTAINABLE DEVELOPMENT
TAXATION
TITANIUM
TRADE POLICIES
TRADE REFORMS
TRANSPARENCY
ZINC
World Bank
Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past
geographic_facet Africa
West Africa
Sub-Saharan Africa
Sierra Leone
description Political instability and lack of an enabling and internationally competitive environment conducive to attracting investments particularly affected the mining sector. Excessive government control and attempts to raise higher foreign exchange and fiscal revenues from artisanal diamond activities were detrimental to artisanal mining development. The study provides an assessment and analysis of the economic and social importance of the mining sector in Sierra Leone and its impact on economic outcomes. It makes recommendations and identifies an action plan for mining sector revival and development. The Government presented this report to the stakeholders, including its international development partners, at a workshop in May 2003. The outcome of the discussions and recommendations is reflected in the report. The resulting report was subsequently discussed in a second national workshop during January 2004. Since January 2003, the Ministry of Mineral Resources has focused on a number of fronts including: formation of a core mineral policy; deepening the policy work through a review of the mineral and regulatory framework; efforts to improve the development of basic mapping geo-information; completion of the initial work required for improved administration and management of mineral rights through a cadastre system; improvements in productivity, safety, and environmental conditions of mining activities; increased transparency in mineral sector revenues through the Extractive Industries Transparency Initiative and Kimberley Process; and improved social conditions in the mining areas. These efforts have led to positive results. Among the most notable are the sharp rise in diamond exports, the rehabilitation of a rutile mine initiated in May 2005, the current assessment of the possible reactivation of the existing bauxite mine during 2005; and a significant increase in mineral exploration.
format Economic & Sector Work :: Mining/Oil and Gas
author World Bank
author_facet World Bank
author_sort World Bank
title Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past
title_short Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past
title_full Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past
title_fullStr Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past
title_full_unstemmed Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past
title_sort sierra leone : tapping the mineral wealth for human progress, a break with the past
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2005/07/6226921/sierra-leone-tapping-mineral-wealth-human-progress-break-past
http://hdl.handle.net/10986/8688
_version_ 1764405216870924288
spelling okr-10986-86882021-04-23T14:02:39Z Sierra Leone : Tapping the Mineral Wealth for Human Progress, A Break with the Past World Bank ACCOUNTABILITY ADMINISTRATIVE CAPACITY ALUMINUM ARTISAN MINING ARTISANAL AND SMALL-SCALE MINING ARTISANAL GOLD ARTISANAL MINERS ARTISANAL MINING ARTISANAL SMALL-SCALE AUTHORITY BASE METALS BAUXITE BENEFICIATION CADASTRAL PROCEDURES CADASTRE CAPACITY BUILDING CLAYS CLOSED MINES CLOSURE COMPLEX TASK CONCESSION AREAS COPPER DECISION-MAKING DEVELOPMENT STRATEGY DIAMOND MINING DIAMONDS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC OUTCOMES EITI EMPLOYMENT ENVIRONMENTAL ENVIRONMENTAL IMPACTS EXPLOITATION EXPLORATION AND MINING EXPLORATION LICENSE EXPLORATION LICENSES EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE FEASIBILITY STUDIES FISCAL FISCAL REVENUES FOREIGN EXCHANGE GEOLOGICAL DATA GEOLOGICAL INFORMATION GEOLOGICAL MAP GEOLOGICAL MAPS GEOLOGICAL SURVEY GEOLOGY GOLD GOLD MINES GOLD PRODUCTION GOVERNMENT POLICIES GOVERNMENT REVENUE GOVERNMENT REVENUES HEALTH ILLEGAL MINING IMPORTS INCOME INFLATION INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INVESTMENT EXPENDITURES IRON IRON ORE LABOR FORCE LARGE MINING LARGE-SCALE MINES LARGE-SCALE MINING LEGAL FRAMEWORK LEGAL PROVISIONS LICENSE FEES LICENSE HOLDERS LIGNITE LIVING CONDITIONS MACROECONOMIC STABILITY MECHANIZED MINING METALS MINE DEVELOPMENT MINERAL ACTIVITIES MINERAL DEPOSITS MINERAL DEVELOPMENT MINERAL EXPLORATION MINERAL EXPORTS MINERAL LICENSE MINERAL LICENSES MINERAL POLICY MINERAL POTENTIAL MINERAL PRICES MINERAL PRODUCTION MINERAL RESOURCES MINERAL RIGHTS MINERAL SECTOR MINERAL SECTOR DEVELOPMENT MINERAL SECTOR REVENUES MINERAL WEALTH MINERALS MINES MINES DEPARTMENT MINING ACTIVITIES MINING ACTIVITY MINING AREAS MINING COMMUNITIES MINING COMPANIES MINING COMPANY MINING COUNTRIES MINING DEVELOPMENT MINING INDUSTRY MINING INVESTMENT MINING INVESTMENT AGREEMENTS MINING LAW MINING LAW AND REGULATIONS MINING LEGISLATION MINING LICENSES MINING OPERATIONS MINING PERMITS MINING SECTOR MINING SECTOR REFORM MINING TITLE MOLYBDENUM MONETARY POLICY MULTIPLIER EFFECT NATIONAL ECONOMIES NATIONAL MINERAL POLICY NATIONAL POLICY NATIONAL POLICY FRAMEWORK NICKEL OPERATING ENVIRONMENT ORES PERCEPTION PLATINUM POLITICAL INSTABILITY POOR GOVERNANCE POTENTIAL INVESTORS PRIVATE INVESTMENT IN MINING PRODUCTIVITY QUARRYING REAL GDP RECLAMATION REFINING REGULATORY FRAMEWORK REHABILITATION REPRESENTATIVES REVENUE FLOWS SMALL-SCALE MINERS SOCIAL DEVELOPMENT SUSTAINABLE DEVELOPMENT TAXATION TITANIUM TRADE POLICIES TRADE REFORMS TRANSPARENCY ZINC Political instability and lack of an enabling and internationally competitive environment conducive to attracting investments particularly affected the mining sector. Excessive government control and attempts to raise higher foreign exchange and fiscal revenues from artisanal diamond activities were detrimental to artisanal mining development. The study provides an assessment and analysis of the economic and social importance of the mining sector in Sierra Leone and its impact on economic outcomes. It makes recommendations and identifies an action plan for mining sector revival and development. The Government presented this report to the stakeholders, including its international development partners, at a workshop in May 2003. The outcome of the discussions and recommendations is reflected in the report. The resulting report was subsequently discussed in a second national workshop during January 2004. Since January 2003, the Ministry of Mineral Resources has focused on a number of fronts including: formation of a core mineral policy; deepening the policy work through a review of the mineral and regulatory framework; efforts to improve the development of basic mapping geo-information; completion of the initial work required for improved administration and management of mineral rights through a cadastre system; improvements in productivity, safety, and environmental conditions of mining activities; increased transparency in mineral sector revenues through the Extractive Industries Transparency Initiative and Kimberley Process; and improved social conditions in the mining areas. These efforts have led to positive results. Among the most notable are the sharp rise in diamond exports, the rehabilitation of a rutile mine initiated in May 2005, the current assessment of the possible reactivation of the existing bauxite mine during 2005; and a significant increase in mineral exploration. 2012-06-21T18:47:03Z 2012-06-21T18:47:03Z 2005-07 http://documents.worldbank.org/curated/en/2005/07/6226921/sierra-leone-tapping-mineral-wealth-human-progress-break-past http://hdl.handle.net/10986/8688 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Mining/Oil and Gas Economic & Sector Work Africa West Africa Sub-Saharan Africa Sierra Leone