The mining industry has played a crucial role in laying down the foundations of Morocco’s economy. Virtually non-existent until after the First World War, the mining industry saw remarkable development from that moment on. Today, the mining sector represents 10% of the nation’s GDP, and 30% of its exports, in addition to employing more than 40,000 people throughout the Kingdom.

Long-Awaited Reform

The industry is governed by a mining code that dates back to 1951. After a few failed attempts at reform, efforts to modernize a framework that has become obsolete and inadequate finally bore fruit when draft reform bill 33.13 was recently approved by Morocco’s government council on July 17, 2014.

The draft bill contains a number of measures designed to bring new life to the mining industry and attract investment (notably foreign investments) by introducing new types of exploration authorizations, broadening the scope of the mining legislation to include other industrial mineral substances (with the exception of construction and civil engineering materials, which are governed by other legislation), as well as by converting existing mining concessions and operating permits into ten-year mining permits that can be renewed until reserves are depleted.

The new mining code will also have a new jurisdiction -- mining titles will in future be issued by the ministry of mines, not by the regional prefects.

Source: Fasken Martineau Mining Bulletin - see full article