Mining

Morocco Works on New Mining Code, Aiming to Attract Investments

Morocco Works on New Mining Code, Aiming to Attract Investments
Thursday, 06 February 2025 11:25

Morocco is working on a new mining code. According to the Fraser Institute, the country, already recognized as one of Africa's most attractive mining jurisdictions, has significant copper, cobalt, and phosphate reserves. Mining contributes between 8% and 10% of Morocco's GDP, as reported by ONHYM.

Moroccan authorities recently launched public consultations to draw a draft bill to amend the country’s mining code from 2015. This process allows stakeholders to provide input on the proposed changes, to attract more investment in the mining sector.

Key features of the new mining code include plans to digitize the management of mining titles through a national cadastre. This system will provide real-time access to information about mining licenses. Additionally, license holders may now receive an extra three-year extension on their exploration permits. The draft law also permits exploration companies to subcontract some of their activities.

The new code aims to improve governance in mining operations, increase transparency, facilitate access to information and investment opportunities, and foster research in mineral extraction and processing. In 2022 and 2023, the Fraser Institute ranked Morocco Africa’s most attractive country relative to mining.

Despite these advancements, some industry representatives have concerns. For example, the Federation of Mining Operators (Fédération Nationale des Opérateurs Miniers) supports letting investors set up processing units without mining permits. Stakeholders can submit feedback on the draft law until February 15, 2025.

Emiliano Tossou

On the same topic
• Kenya, Shandong Linglong sign $800M tire factory deal• Plant in Mariakani to create 1,500+ jobs, boost industry• Part of Kenya’s push to raise FDI...
• South Africa court voids Eskom’s 3,000 MW gas plant permit• Ruling cites inadequate public consultation, forcing new application• Decision highlights...
• Chevron, NewMed to build Israel-Egypt gas pipeline, 600m cfd• Part of 15-year, 130 bcm export deal signed in August 2025• Egypt boosts imports as...
• The extension prolongs the mining license until 2036, raising its lifespan from 11 to 17 years.• Perseus Mining will invest A$170 million ($113...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
03

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
04

Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...

Malawi’s Election Puts Incumbent Chakwera to the Test on Inflation and Fuel Shortages
05

Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...

Saudi Arabia’s 2025 Shopping List Now Includes Industrial Parks in Africa — With a $700 Million Entry Ticket
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.