RE:RE:RE:RE:RE:RE:RE:laggingMaybe I'm wrong, but It appears that you've missed the point somewhat - they want to weed out companies that are artificially (fraudulently) inflating their costs to understate taxable income, or penalize companies sitting on dormant (marginal) resources - at the end of the day, he wants to STIMULATE gold production in Mali, along with tax receipts, employment, and public interest/philanthropical projects!
Additionally, if Mr. Boubou Cissé wants to make a material difference to his balance sheet, there are clearly much bigger fish to fry than EDV.
Anyway - Mr. Cissé is ex World Bank (not IMF) - sorry, my mistake.
https://www.imf.org/external/np/exr/facts/imfwb.htm
The World Bank’s mandate. The World Bank promotes long-term economic development and poverty reduction by providing technical and financial support to help countries reform particular sectors or implement specific projects—for example, building schools and health centers, providing water and electricity, fighting disease, and protecting the environment. World Bank assistance is generally long term and is funded both by member country contributions and through bond issuance. World Bank staff are often specialists in particular issues, sectors, or techniques. https://www.endeavourmining.com/i/pdf/Presentations/2014-02-09-Tabakoto-Site-Visit-final-standard-w-appendix.pdf
CSR
• Water wells were drilled in the Tabakoto,
Kenieba, Yatia, Mouralia, Sansanto, and
Kereko villages US$100,300
• Three water wells were refurbished and
repaired in Tabakoto village US$20,000
• Financed the activities of the PAUPK
US$50,000
• Built a three classroom school, including
teachers accommodation and latrine in
Dioulafoundouni and Beatea US$140,000
• Sugar donation during Ramadan US$6,500
• Various community donations US$4,500