Yaoure Model and Narrative Report

Yaoure gold project fiscal model and accompanying narrative report

Yaoure gold mine is the first financial model of a major extractives project in the country known to have been developed substantially by government officials themselves. Using the internationally recognised FAST modelling standard and financial statements published by Amara Mining PLC from April 25th, 2014, it provides the following insights onto one of the country’s major natural resource projects:

● A five year tax holiday costs the government over $120 million
● The investor would achieve a 25% rate of return even without the tax break
● Government revenue is $626 million over the life of the project
● The investor earns just over a billion dollars
● Government take is about 40%

  • OpenOil
  • 2017