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Legal Framework in Madagascar Not Adequate for Size of New Gold Mines

Categories: Sub-Saharan Africa, Madagascar, Citizen Media, Economics & Business, Environment, Governance, International Relations, Law

Total Bemolanga Watch r [1]eports that [1] [fr] awyers in Madagascar estimated that the legal framework of the mining code was not conceived to apply to the shear size of the new gold mining exploitations [2] [mg] that have been developping in Ambatondrazaka, Madagascar. The World Bank and the IMF have just implemented a new fund to help developing countries better negotiate [3] mining contracts for their natural ressources.