Page 30 - Bullion World Volume 5 Issue 08 August 2025
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Bullion World | Volume 5 | Issue 08 | August 2025
Bullion World | Volume 5 | Issue 08 | August 2025
MSPI Objectives
Catalysing
The initiative targets scalable and inclusive
Responsible reforms in the Ivorian ASM sector through six
core pillars:
Growth: The 1. Formalization of ASM
{ Simplifying licensing procedures
{
Multistakeholder 2. Environmental Sustainability
Establishing legal channels for miners
Partnership for { Promoting mercury-free technologies
{
Supporting land rehabilitation and waste
management
Sustainable and 3. Social Inclusion & Human Rights
{ Combating child labor and promoting
Responsible gender equality
{ Providing education and healthcare in
Small-Scale Gold mining communities
4. Transparent Gold Supply Chains
Mining (MSPI) { Enabling traceability from mine to market
{
Aligning with OECD Due Diligence
Guidelines
5. Capacity Building
{ Training for miners, cooperatives, and
regulators
Artisanal and small-scale mining (ASM) { Promoting safety, innovation, and financial
plays a crucial role in the global mineral literacy
economy, particularly in gold production, 6. Public-Private Partnerships
providing livelihoods to over 40 million { Encouraging infrastructure investment
people globally. In Africa, ASM is both { Promoting responsible sourcing by the
an economic lifeline and a complex private sector
challenge. In Côte d’Ivoire, the sector
remains largely informal and under- Stakeholder Roles
regulated, often linked to environmental The MSPI unites global, national, and local
degradation, illicit trade, and social risks. actors to drive change:
y World Bank: Provides technical expertise,
To address these challenges, a funding, and policy design aligned
landmark initiative-the Multistakeholder with poverty reduction and sustainable
Partnership for Sustainable and development goals.
Responsible Small-Scale Mining (MSPI)- y Government of Côte d’Ivoire: Through its
was launched in 2024 by the World Bank, Ministry of Mines, Petroleum and Energy, it
Government of Côte d’Ivoire, and the oversees:
World Gold Council (WGC). MSPI seeks to { Regulatory reforms and land allocation
formalize and transform ASM, especially { Environmental and labor standard
gold mining, into a safer, more regulated, enforcement
and development-focused sector. { Infrastructure development for ASM
zones
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