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Sierra Leone

Regulatory Risk Rating

Severe
Regulatory Risk

Regulatory Corruption Risk

Very High
Regulatory Corruption Risk

Corruption Exposure Risk

Moderate
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 Corruption Risk

Very High
Regulatory Corruption Risk

Corruption Exposure Risk

Moderate
Corruption Exposure Risk