Somalia’s gold mining needs formal exploration and consolidation as well as formalization of gold production and exports. As the gold resources that abound in Somalia is not reflected in the living reality of the people of Somalia, the Government and the local authorities should take the following ten (10) responsible steps in order to develop the gold sector:
1. Organize the sector by Implementing reforms aimed at advancing the gold sector and its industry and imposing control over it.
2. Set up Somali Gold Mines Company, a public-private partnership company.
3. The government and the local authorities in the gold-producing areas should encourage and allow citizens to prospect for artisanal gold mining in specific areas only on the condition of Somali citizenship and Payment of a symbolic sum to the treasury.
4. Facilitate the work of gold prospectors by providing all safety procedures and appropriate working conditions in the gold mining areas.
5. Provide appropriate conditions for prospectors by seeking to regulate the sector and make it an effective sector in the national economy where the prospectors adhere and abide by the laws.
6. Organize the sector by forming youth cooperatives for prospecting for gold and train the members of these cooperatives and provide them with technology that allows the development of the exploration and production of the gold to benefit from sector more, as miners now depend on primitive methods that constitute an obstacle to a meaningful exploitation and production of gold.
7. Provide security in the gold mining areas and allow prospectors to use the safer large machinery in their gold mining operations.
8. Allocate more new gold mining areas to prospectors and give them the opportunity to benefit from the God-given resources of their country as granting foreign mining companies do not bear fruit as expected.
9. Establish branches of the Central Bank in the gold mining areas (city of Eri Gabo, the gold capital of Somalia), to bring the service of selling gold closer to the prospectors.
10. The Ministry of Minerals is required to issue an annual report on the state of affairs of gold production and trade in the country.
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