Posted on: 11 March 2017
Artisanal and small-scale gold mining (ASGM) has largely been dismissed as an economically insigni cant, subsis- tence based activity in Sierra Leone. However, an investigation into the sector reveals that Sierra Leone’s ASGM sector is active, vibrant, and generating significant economic value.
However, most of Sierra Leone’s gold never enters the formal supply chains within its borders. Rather, gold is mined, bought, sold and exported through informal networks that only occasionally and selectively intersect with formal supply and value chains prior to crossing the border. Consequently, the country records minimal gold exports and the Government of Sierra Leone (GoSL) reaps little benefit from the gold sector through formal channels of taxation.