Mining

With a new set of laws set to be passed in 2013 to replace the existing mining code, the government is seeking to open the sector to additional foreign investment and offer more concessions to extract and process the country’s mineral wealth. Phosphates mining accounted for 92.7% of the sector’s total production in 2011. Other mineral resources include gold, silver, barite, cobalt, copper, manganese, tin, fluorspar, iron, lead and salt. A major investment programme worth €91bn is hoped to expand phosphate production capacity and attract investor attention to opportunities in mining both phosphates and other minerals. This chapter includes an interview with Mustapha Terrab, CEO, OCP Group.