ATELIER DE FORMATION DES CADRES DES ADMINISTRATIONS DES ÉTATS MEMBRES DE L’UEMOA SUR L’ÉCONOMIE MINIÈRE

The document details a training workshop conducted from July 3 to 7, 2017, in Bamako, Mali, for 32 officials from UEMOA member states. Organized by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) and the UEMOA Commission, the training aimed to equip administrators with the tools to critically analyze feasibility studies and economic models to ensure a fair distribution of mining rents between states and companies. Key modules covered project financing, extractive rent sharing, economic modeling (including NPV, IRR, and WACC), and the risks associated with stability clauses. The workshop emphasized that economic models in PDF format are insufficient for decision-making and that focusing on the investor's fair rate of return is a more effective approach to rent sharing than focusing solely on taxation levels.

• The workshop aimed to provide officials with the technical skills to ensure an equitable distribution of mining rents between UEMOA states and mining companies, specifically through the use of economic modeling for mining projects.
• A critical challenge for UEMOA member states is the lack of capacity for in-depth analysis of economic and financial models, as well as insufficient coordination between different government departments in monitoring submitted documents.
• Economic models provided in PDF format are considered of very limited use for governments because they do not allow for reliability testing or sensitivity analysis, making them inadequate as tools for decision-making, monitoring, or control.
• The training highlighted that the Internal Rate of Return (IRR) is a primary indicator for determining a fair share of mining rents, shifting the perspective from asking what the right taxation level is to asking what the fair rate of return for the investor should be.
• Regarding stability clauses, the document recommends that they should no longer be included in mining laws, regulations, or contracts due to their disadvantages; if they must be used, they should be limited to the fiscal regime and have a defined duration.
• The workshop identified key financial elements that administrations must systematically examine in feasibility studies, including tax resource evaluations, production levels, operating cost projections, ore prices, and sensitivity analyses.

APA

International Institute for Sustainable Development (2017). ATELIER DE FORMATION DES CADRES DES ADMINISTRATIONS DES ÉTATS MEMBRES DE L’UEMOA SUR L’ÉCONOMIE MINIÈRE. https://www.iisd.org/system/files/publications/uemoa-training-workshop-mali-july-2017-fr.pdf

Chicago

International Institute for Sustainable Development. ATELIER DE FORMATION DES CADRES DES ADMINISTRATIONS DES ÉTATS MEMBRES DE L’UEMOA SUR L’ÉCONOMIE MINIÈRE. 2017. https://www.iisd.org/system/files/publications/uemoa-training-workshop-mali-july-2017-fr.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=ATELIER DE FORMATION DES CADRES DES ADMINISTRATIONS DES ÉTATS MEMBRES DE L’UEMOA SUR L’ÉCONOMIE MINIÈRE |date=2017 |url=https://www.iisd.org/system/files/publications/uemoa-training-workshop-mali-july-2017-fr.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopment2017atelier, author = {{International Institute for Sustainable Development}}, title = {{ATELIER DE FORMATION DES CADRES DES ADMINISTRATIONS DES ÉTATS MEMBRES DE L’UEMOA SUR L’ÉCONOMIE MINIÈRE}}, institution = {International Institute for Sustainable Development}, year = {2017}, url = {https://www.iisd.org/system/files/publications/uemoa-training-workshop-mali-july-2017-fr.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }