Investor Presentaiton slide image

Investor Presentaiton

B.4 Improve investors-community relations Initiative objective Support community leaders in CDA process Ensure state ministry is involved in all CDA grants and monitors execution of CDAS Initiative Lead Ministry of Mineral Development Actions B.4.1 Ensure coordination between Federal government and State government on objectives and expectations from CDAS Obtain copies of all current CDAs from Federal government Check quarterly for new potential relevant mineral licensees or new CDAS B.4.2 Support community leaders in CDA process • Awareness campaign aimed at sensitizing local chiefs and processing companies on the state's policy on creation of CDAS Ensure local chiefs are given support in CDA process for potential concessions Ministry of Mineral Development to serve as intermediary between local chiefs and mining companies to ensure fairness B.4.3 Control execution of CDAS • Ensure State Ministry is involved in all CDA grants and monitors execution of CDAs through coordination with Federal Ministry and Ministry of Environment Monitor execution of CDAs and create legislation for concessions when CDAs are ignored/breached (e.g. Penalty for breach of contract) Stakeholders • Ministry of Mineral Development Ministry of Local government and chieftaincy affairs Local government councils Ministry of Justice Deliverables Recommended timeline List of all current CDAS 3 months Ministry involved in all new CDAS Penalty for any breaches of CDA defined • Resources N/A • 6 - 12 months 6-12 months Metrics % of CDAS state ministry is involved in % of sites in compliance with CDAS 89 Potential quick-win 3 Copyright 2019 by Boston Consulting Group. All rights reserved.
View entire presentation