Regional Experts on Managing risk in the mining sector through specialist insurance

The insurance coverage of miners and the necessary access to bank credit for investors in the sector to build strong and well-supported scaffolds and avoid as much as possible mine accidents are among the issues being discussed upon during the ongoing AMLA workshop where a series of legal recommendations will be made.

“From November 2017 to November 2018, there were 140 accidents in the Rwandan mines, 80 of which were fatal,” said John Kanyangero, Director of Mining Inspection Unit, Rwanda Mines, Petroleum and Gas Board (RBM).

He expressed his disappointment that insurance companies are slow to explore and implementing risk insurance coverage products in Rwanda’s mines.

“At the end of my degree in law, I am going to specialize in mining law, which is lacking in Rwanda. This Rwandan mining sector is not sufficiently regulated in terms of laws in Rwanda.” said Elie Nshimiyimana, Law Lecturer at the University of Rwanda who is participating in the proceedings of this seminar.

Leonidas Simpenzwe, geologist-researcher near Rutongo Mine Ltd, in his communication to the assembly, insisted on the need to see Rwanda get a lot of experienced mining researchers and geologists but also the importance for any company entering the sector to invest sufficient capital to allow better prospecting and mining conditions and, hence, high productivity.

The ten-day work of this symposium on mining and geology is organized and funded by AMLA 2018 | African Mining Legislation Atlas. They will be crowned by a Basic Handbook-Document outlining development strategies for the African mining sector.

The AMLA Project is one of the flagship projects of the ALSF implemented with different partners including the World Bank’s Legal vice Presidency, the Extractive Industries Technical Assistance Facilities (EI-TAF), the African Union Commission (AUC) ), and several African law faculties.

The ALSF helps African governments to strengthen their legal expertise and negotiating capacities, particularly in the areas of natural resources and extractive industries, investment agreements and public-private partnerships including large-scale infrastructure projects and other-related complex commercials and business transactions.

John Kanyangero, Director of Mining Inspection Unit, Rwanda Mines, Petroleum and Gas Board (RBM)abitabiriye_aya_mahugurwa_bahabwa_umwanya_bagatanga_ibitekerezo-67e5c.jpgaya_mahugurwa_yahurije_hamwe_abanyeshuri_bagera_kuri_50-88609.jpgbamwe_mu_banyeshuri_bitabiriye_aya_mahugurwa-28535.jpg4-84.jpg

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