A few weeks ago, we celebrated the 10th anniversary of the start of production of AMBATOVY.
With a total cost of more than US$8 billion, the AMBATOVY Project represents the largest Foreign Direct Investment ever made in MADAGASCAR, as well as one of the largest in sub-Saharan Africa over the past 30 years.
Beyond these figures, AMBATOVY, as well...
The fact that the mining sector will become a development engine in the coming years amounts to saying that several mining industries will be in the commercialization phase in the very near future. And yet, to reach this stage, a mining project must go through a feasibility study and an exploration phase that consists in identifying sites where...
Speculation is the reason cited by the Administration as the reason for the freezing of mining permits. The Minister in charge of Mines has also confirmed that more than 4,000 exploration and exploitation permits combined were issued by the Ministry in charge of Mines but that only 2,000 permits pay royalties and taxes from the State. . The...
Mining companies of different sizes operate in Madagascar. Preceding their installation, these companies have thought long and hard about the investment conditions of the Big Island. These investors recognize that Madagascar met the criteria of competitiveness, which is no longer the case today. Some of these companies are still present in...
