SONASP (Société Nationale des Substances Précieuses)

What SONASP (Société Nationale des Substances Précieuses) does

ANEEMAS (Agence Nationale d'Encadrement des Exploitations Minières Artisanales et Semi-mécanisées) is a Burkinabè state-owned economic establishment (Établissement Public de l'État à caractère économique, EPEC) created by decree n°2015-1420 on November 30, 2015, with particular statutes established by decree n°2015-1517 on December 18, 2015. The agency holds exclusive government mandate to regulate artisanal and semi-mechanized gold mining across Burkina Faso, overseeing more than 800 registered mining sites where over one million people work full-time and which collectively produce approximately 10 tonnes of gold annually, generating 232.2 billion CFA francs in sector revenue in 2016. Its jurisdiction spans all 13 administrative regions of the country.

The agency's service portfolio combines direct field operations with a digital platform built on WordPress (aneemas.bf) and an internal Geographic Information System (Service de l'Information Géographique et des Statistiques, SIGS) for site mapping and statistics. Core products include a live gold-price display sourced from or.fr and Kitco, a mining legislation documentation repository, an artisanal-miner registration and identification card delivery service, seasonal site closure campaign management, a news/communiqué portal, and an organizational chart visualization. Three directorates organize operations: Technical Guidance (DET), Environment/Rehabilitation/Local Relations (DSERRCT), and Regulation/Purchase/Commercialization (DSRAC), the last of which purchases gold directly from miners through regional field bureaus.

Revenue mechanics combine state budget funding with transaction-based gold purchase-and-sale margins (take-rate model). Periodic purchase prices are set internally by reference to prevailing market rates, with the current quote at ~38,683 CFA per gram / ~38,667,969 CFA per kilogram (~59.04 EUR / 59,040.02 EUR). The customer base is exclusively long-tail: individual artisanal miners distributed across all 13 regions, with no commercial buyer concentration. Strategic partners include ITIE-BF (Extractive Industries Transparency Initiative Burkina Faso), DGI Burkina Faso via the ecadastre platform for cadastral and tax coordination, and minor market-data providers (or.fr, Kitco, Bullion Rates).

Name

SONASP (Société Nationale des Substances Précieuses)

Legal name

ANEEMAS (Agence Nationale d'Encadrement des Exploitations Minières Artisanales et Semi-mécanisées)

Website

https://aneemas.bf

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

ANEEMAS is a Burkinabè state-owned agency, created in 2015, that regulates artisanal and semi-mechanized gold mining across 800+ sites serving 1+ million miners via field operations, direct gold purchasing, miner registration, environmental oversight, and seasonal site closures.

Ownership category

akta.pro rank

Product category

Mining Regulation Services

NAICS

Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220)

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094), Mineral Royalty Traders (6795)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industries

Traceability, Provenance & Compliance Services (e.g., origin, AML/KYC, sanctions) (CRAKAJAL), Rough Gemstone Trading & Brokerage (CRAKAJAE)

Keywords

• Artisanal mining regulation
• Gold purchasing services
• Mining sector oversight
• Precious metals trading
• Mining compliance services

Headquarters

HQ city

Ouagadougou

HQ country

Burkina Faso

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Gold Purchase and Sale Operations: ANEEMAS conducts gold purchasing operations directly from artisanal miners at mining sites across Burkina Faso, then handles sale, export and import of gold. The agency determines periodic purchase prices and structures pricing for gold collected from artisanal sites.
2. Artisanal Mining Sector Regulation: Government agency funded through state budget for regulatory oversight, environmental monitoring, and sector formalization activities in artisanal gold mining.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

ANEEMAS is Burkina Faso's state agency responsible for overseeing and regulating artisanal and semi-mechanized mining operations. It directly purchases gold from licensed artisanal miners at a set reference price (approximately 65,000 XOF per gram, around $100/gram) and resells it on the formal market. It also issues miner registration cards, monitors and closes unauthorized mining sites, and enforces compliance across the country's 13 regions.

Product overview

ANEEMAS operates as a comprehensive digital platform and government agency for artisanal and semi-mechanized gold mining oversight in Burkina Faso. The platform comprises multiple integrated services including live gold price information, mining legislation documentation, regional news and enrollment communications, artisanal miner registration with ID card delivery, seasonal site closure campaign management, and organizational structure visualization. The system is structured around three core directorates: Technical Guidance (DET), Environment/Rehabilitation/Local Relations (DSERRCT), and Regulation/Purchase/Commercialization (DSRAC), supported by administrative functions. The product ecosystem serves over 800 mining sites, one million full-time miners, and processes production of approximately 10 tonnes of gold generating 232.2 billion CFA francs annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Gold Purchasing and Sale Service

Quantifiable outcome

• 800+ artisanal mining sites under oversight
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered minor and core.

• or.frminorOthersGold price reference and market data provider. Partnership provides live gold price information for ANEEMAS website visitors and operational reference for gold valuation and transactions.
• KitcominorOthersInternational precious metals news and price provider. Partnership provides gold price reference data for the ANEEMAS website.
• Bullion RatesminorOthersGold spot price information service for XOF (CFA franc) currency zone. Partnership provides gold price data in local currency for ANEEMAS website.
• ITIE-BF (EITI Burkina Faso)coreStrategic or Co-development PartnerExtractive Industries Transparency Initiative in Burkina Faso. Strategic partnership for transparency in artisanal mining revenue management and reporting.
• DGI Burkina Faso (Direction Générale des Impôts)coreStrategic or Co-development PartnerTax authority partnership through ecadastre platform for cadastral mapping and tax administration coordination in mining sector.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Everledger: Blockchain provenance platform originally for diamonds and now extended to gold and other minerals. Comparable in addressing traceability and responsible sourcing — themes directly tied to ANEEMAS's formalization mandate.
• Tracr: Blockchain-based traceability platform for precious stones and gold, focused on provenance. Comparable to ANEEMAS's SIGS initiative in providing verifiable chain-of-custody, but as a private-sector technology provider rather than a state regulator.

Regional players

• Ministry of Mines and Quarries (Senegal): Senegal's ministry overseeing mining regulation including artisanal gold in the southeast. Comparable regional regulatory peer, though Senegal's artisanal sector is smaller than Burkina Faso's, so it is a partial-overlap rather than direct competitor.

Direct peers

• Ministère des Mines et de la Géologie (Guinea): Guinea's ministry responsible for mining regulation including artisanal gold. Comparable West African regulatory counterpart to ANEEMAS, focused on formalization of small-scale mining and sector governance.
• Direction Nationale des Mines et de la Géologie (Mali): Mali's national mining authority overseeing artisanal and industrial gold mining. Direct regional peer to ANEEMAS, operating in an adjacent Sahelian state with similar artisanal gold dynamics and regulatory challenges.
• Minerals Commission of Ghana: Ghana's statutory regulator for mining including artisanal and small-scale operations. Highly comparable to ANEEMAS in function — regulating, licensing, and overseeing ASM gold mining — though operating in a more mature and formal sector.

Broad incumbents

• London Bullion Market Association (LBMA): Global authority setting standards for the wholesale gold market, including the LBMA Responsible Gold Guidance which mandates due diligence on provenance. Its frameworks directly shape the demand environment ANEEMAS serves.
• World Gold Council: Industry association for the gold sector developing market standards, including responsible sourcing guidance relevant to artisanal gold regulation. Operates at industry level rather than as a national regulator like ANEEMAS, but addresses overlapping themes.

Others

• ITIE (EITI International): Global standard for extractive industries transparency. ANEEMAS partners directly with the Burkina Faso chapter (ITIE-BF); EITI provides the reporting framework that shapes ANEEMAS's transparency obligations.
• ITIE Burkina Faso: National EITI chapter and direct strategic partner of ANEEMAS for revenue transparency reporting in the artisanal mining sector. Operates in the same governance ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Encadrem
• LinkedInlinkedin.com/company/agence-nationale-d-encadrement-des-exploitations-mini%C3%A8res-artisanales-et-semi-m%C3%A9canis%C3%A9es-aneemas

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SONASP (Société Nationale des Substances Précieuses)