Mining

Senegal Bans Mining Activities along Faleme River

Senegal Bans Mining Activities along Faleme River
Thursday, 29 August 2024 20:21

In Senegal, artisanal gold mining produces several tonnes of gold each year and provides thousands of jobs. Concentrated in the Kédougou region along the Falémé River, this activity has significant environmental and health impacts.

Senegalese authorities have banned mining along the Falélmé River until June 30, 2027. Disclosed on August 27, the move aims to protect the river from pollution by chemicals, such as mercury and cyanide, which artisanal miners use to process ore and extract gold.

Artisanal miners also clear trees to create space for mining and use machines to dredge the river, harming fish populations and releasing hydrocarbons into the water. This led President Bassirou Diomaye Faye to sign a decree banning mining activities within a 500-meter radius of the river's left bank and suspending new mining titles.

According to a 2018 study, artisanal gold production in Senegal exceeds 4 tonnes per year and employs tens of thousands of people. The activity is primarily in the Kédougou region, where the Falémé River flows. While the ban is necessary for environmental and health reasons, it may reduce the livelihoods of gold miners, presenting a challenge for the Senegalese government to implement mitigation measures.

On the same topic
In the wake of rising gold prices, several mining companies are accelerating the development of new projects. In Zimbabwe, U.S.-based Namib Minerals...
Prometeon to build $300M tire plant in Egypt’s free zone New facility targets truck, machinery, and tractor tire production $400M also planned...
Senegalese groups urge decentralized energy to close rural electrification gaps 30% of rural areas lack power despite 84% national access rate Civil...
ACWA Power, AfDB sign deal to develop energy, water projects in Africa Partnership targets $5 billion in financing by 2030, focusing on...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
04

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
05

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
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.