SIM SENEGAL 2012 - 2nd Senegalese Mining Conference & Exhibition (SIM SENEGAL 2012)
Venue: Hotel King Fahd Palace
|Event Date/Time: Nov 06, 2012||End Date/Time: Nov 08, 2012|
|Abstract Submission Date: Jun 01, 2012|
|Paper Submission Date: Jun 01, 2012|
SIM Senegal has already established itself as one of the largest mining events in West Africa. The first edition of SIM Senegal in 2010, featured over 500 delegates emanating from more than 25 countries and 52 exhibitors. The event was opened by His Excellency Maitre Adboulaye WADE, President of the Republic of Senegal and was closed by Souleymane NdÃ©nÃ© NDIAYE, Prime Minister of Senegal. SIM Senegal welcomed high level delegations from Guinea, Mali, Mauritania and Niger, making it a truly regional mining event. During the course of the three day conference forty two presentations were delivered from a broad range of speaker including multilateral partners, private sector mining investors, the Senegalese public sector and mining services providers. After the event delegates were given a chance to visit Senegalâ€™s mining operations including the Taiba Site (ICS), Sabadola Gold Mine and the Diogo Site (Zircon & Titanium).
SIM Senegal 2012 will build on the first edition, as the estimated $USD 5billion invested in the Senegal mining industry from 2000-2013 brings a return on the initial investment.
An increased gold production is expected from 2012 â€“ 2013 with the exploitation of world class deposits of Golouma-KÃ©rÃ©kounda, which confirms that growing important of the Birimian province of Kedougou has in West African and African gold production.
At the same the policy of mining diversification will start to pay off from 2011 by the exploitation of deposits of heavy minerals, zircon and titanium. World class discoveries in the littoral zone called â€œThe Grand Coastâ€ will represent 8% of the worldwide total and 25% of the consumption of the European market. It will elevate the country to the rank of the 4th largest producer worldwide.
Senegalâ€™s overall phosphates potentialities will rise from 500 millions to 1 billion tons and the country could soon feature amongst the worldâ€™s top 10 phosphate producers
In addition numerous investment opportunities are offered in diverse domains with the existence of:
â€¢ A world class iron ore reserve still waiting to be developed
â€¢ Industrial minerals including aluminium phosphates, carbonated phosphates, clays, extra-acidic sands
â€¢ Metals such as copper, chromium, molybdenum, nickel, platinum, lithium, tin and niobium-tantalum
â€¢ Solid combustibles such as peat, lignite, coal as well materials such as marble and ornamental stones
â€¢ Marble and other ornamental stones
Senegal: an ideal mining investment destination
Senegal is politically and socially stable. The country has excellent infrastructures, skilled human resources and a competitive, attractive, clear, transparent, simple and modern fiscal and regulatory regime. Senegal presents a definite guarantee for the security of your investments.
Senegal has initiated (since 2003) a modern and attractive mining legislation ready to promote its mining investments within an economic and legal environment which corresponds to the international norms and that of the UEMOA region.
With the reform of the legislative and regulatory framework, the Senegal had made efforts to modernize the Department of Mines and Geology responsible for promoting the mining sector and the services it offers. Since December 2008, there setting in service the Centre of Documentation and Mining Cadastre, and the updating the geological documentation and infrastructure necessary for mining investors.
Senegal is one of the most economically successful countries in the region. It remains the economic centre in the region and is the most visited country in West Africa. The Dakar port is the second biggest in West Africa.