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ARTICLE · 10 DECEMBER 2012

Mining In Mauritania

Mayer Brown
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Mining has long been intrinsic to the development and progression of the North African country Mauritania.

United KingdomEnergy and Natural Resources
Ian Coles
Ian Coles
Rachel Speight
Rachel Speight
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Keywords: Mauritania, mining, New Model Mining Convention, tax,

Mining has long been intrinsic to the development and progression of the North African country Mauritania, with income from the exportation of iron ore, copper, gold and petroleum contributing to more than a quarter of the country's gross domestic product.

The country's mining industry is seen as a strategic asset in its long-term growth strategy, and it remains attractive to overseas investors, although recent reforms within the sector have had a significant impact on its tax and legal framework.

New Model Mining Convention Law

The New Model Mining Convention Law passed on February 2012 is designed to provide a standard and harmonised framework reflecting the provisions of the Mining Code implemented in 2008, which will serve as a basis for negotiation between the Mauritanian State and investors.

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