NOUVELLES MESURES DE POLITIQUE FISCALE POUR LE SECTEUR MINIER FACE AU COVID-19

The document outlines how governments in developing countries can use fiscal policy to support the mining sector during the COVID-19 crisis. It identifies specific pandemic-driven impacts—such as mine closures, fluctuating commodity prices, and supply chain disruptions—and proposes targeted relief options including the deferral of social charges, VAT credits, and royalty exemptions. The guide emphasizes that aid should be conditional on job retention and transparency, while warning against broad corporate income tax exemptions.

• The COVID-19 pandemic has caused diverse impacts on the mining sector, including temporary suspensions of activities due to quarantine orders at sites such as Rio Tinto's Oyu Tolgoi mine in Mongolia and Anglo American's Quellaveco mine in Peru.
• Commodity demand and prices have diverged; while prices for copper, nickel, and platinum have fallen, there has been a steady increase in demand for precious metals like gold and silver as investors seek safe havens.
• Governments should prioritize targeted fiscal relief over broad measures, focusing on existing mines and locally registered companies that can demonstrate severe financial distress, such as negative cash flows for over a year or the risk of bankruptcy.
• State support should be conditional on specific requirements, including the retention of employees without salary cuts, the suspension of executive bonuses, and the abandonment of aggressive tax avoidance schemes.
• Recommended short-term fiscal relief options include the deferral of social charges, accelerated VAT credit refunds, exemptions on import duties for essential supplies, and the deferral or reduction of mining royalties.
• The guide advises governments to avoid corporate income tax exemptions because they are often inefficient, as profitable mines benefit more than marginal ones, and they carry a high risk of tax abuse.

APA

Corrick, L., Lassourd, T., Readhead, A., & Taquiri, J. (2020). NOUVELLES MESURES DE POLITIQUE FISCALE POUR LE SECTEUR MINIER FACE AU COVID-19. International Institute for Sustainable Development. https://www.iisd.org/system/files/publications/mining-tax-policy-covid-19-fr.pdf

Chicago

Corrick, Lee, Thomas Lassourd, Alexandra Readhead, and Jaqueline Taquiri. NOUVELLES MESURES DE POLITIQUE FISCALE POUR LE SECTEUR MINIER FACE AU COVID-19. International Institute for Sustainable Development, 2020. https://www.iisd.org/system/files/publications/mining-tax-policy-covid-19-fr.pdf.

Wikipedia

{{cite report |last1=Corrick |first1=Lee |last2=Lassourd |first2=Thomas |last3=Readhead |first3=Alexandra |last4=Taquiri |first4=Jaqueline |title=NOUVELLES MESURES DE POLITIQUE FISCALE POUR LE SECTEUR MINIER FACE AU COVID-19 |publisher=International Institute for Sustainable Development |date=April 2020 |url=https://www.iisd.org/system/files/publications/mining-tax-policy-covid-19-fr.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{corrick2020nouvelles, author = {Corrick, Lee and Lassourd, Thomas and Readhead, Alexandra and Taquiri, Jaqueline}, title = {{NOUVELLES MESURES DE POLITIQUE FISCALE POUR LE SECTEUR MINIER FACE AU COVID-19}}, institution = {International Institute for Sustainable Development}, year = {2020}, month = apr, url = {https://www.iisd.org/system/files/publications/mining-tax-policy-covid-19-fr.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }