Deal #5278

Senegal
Created at
2016-10-20
Last update
2017-01-12
Last full update
2017-01-12

Land area

Intended size
48 150 ha
Size under contract (leased or purchased area)
  • [2007, current] 48150.0 ha
Comment on land area
4.5 km wide and 107 km long. Another source mentions 445.7 km2.

Intention of investment

Intention of investment
  • [current] Mining
Comment on intention of investment
zircon, rutile, leucoxene and ilmenite

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2007, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2014, current] In operation (production)

Leasing fees

Comment on leasing fee
MDL is entitled to a 15 year exoneration from taxation

Contract farming

Contract farming
No