Sierra Leone
Regulatory Risk Rating
Severe
Regulatory Risk
Regulatory Risk
Regulatory Corruption Risk
Very High
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Moderate
Corruption Exposure Risk
Corruption Exposure Risk
Regulatory Risk Rating Factors | Risk Level |
---|---|
1st Come / 1st Serve | Subscribe |
Application Criteria | Subscribe |
Duration | Subscribe |
Right to Renew | Subscribe |
Competing Licences | Subscribe |
Mineral Coverage | Subscribe |
Right to Mine | Subscribe |
Criteria for Mining Rights | Subscribe |
Tenure | Subscribe |
Surface Rights | Subscribe |
Government Take | Subscribe |
Transfer Rights | Subscribe |
Change of Control | Subscribe |
EIA Process | Subscribe |
Power to Revoke | Subscribe |
Age of Legislation | Subscribe |
Other Factors | Subscribe |
Sierra Leone's legal framework is very much a case of "one-step forward, two-steps back"; throughout the law we find examples of positive principles being subsequently undermined by pockets of government discretion or excessive government control over the industry. Whilst the country's troubled history may well explain a cautious and controlling approach and even justify to some extent a certain distrust of miners in Sierra Leone, a new era of mining (bringing with it the potential for positive change and increased revenue for the country) is unlikely to prosper under the current legislation.
Contents
Regulatory Risk Rating
Severe
Regulatory Risk
Regulatory Risk
Regulatory Corruption Risk
Very High
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Moderate
Corruption Exposure Risk
Corruption Exposure Risk