Mozambique: Government approves sovereign wealth fund investment policy - AIM
Mozambique: Artisanal and small-scale mining under the spotlight at Maputo seminar
4:45 CAT | 29 Sep 2022
Photo: Ministério dos Recursos Minerais e Energia - Mireme
In Maputo province, institutions linked to artisanal and small-scale mining and geological service organisations in Africa are debating mechanisms to improve the situation in the sector, which is a source of income for many families.
The seminar started on Tuesday and runs until this Friday, September 30.
At the opening of the meeting, the permanent secretary of MIREME, Teodoro Vales, acknowledged that thousands of people in Africa practised artisanal mining, with considerable impact on the production of gems, precious metals and construction material in the region.
However, Vales pointed out, it was necessary to secure some income for the countries involved from this growth.
“It is necessary to find a mechanism to capture revenue from this activity,” Vales said.
The Regional Workshop on Artisanal and Small-Scale Mining in the Southern Africa Region at which Vales was speaking brings together 45 participants from the countries of the region, including representatives of sovereign geological services.
“We are concerned that the contribution of this production to state coffers is insignificant in Mozambique, while illegality and informality persist in the sector,” AIM quotes Vales as saying.
To address the situation, MIREME is developing actions to mitigate the negative impact of small-scale artisanal mining through a census of artisanal miners designed to collect statistical data on the activity in Mozambique, as well as investigating smuggling in order to stop the illegal trafficking of minerals.
Source: Ministério dos Recursos Minerais e Energia - Mireme / Noticias
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