The World Bank
   Mineral Governance Support Project (P122916)




                                                                                     REPORT NO.: RES39774

                                     DOCUMENT OF THE WORLD BANK




                                         RESTRUCTURING PAPER
                                                  ON A
                                   PROPOSED PROJECT RESTRUCTURING

                                                      OF

                               MINERAL GOVERNANCE SUPPORT PROJECT
                                   APPROVED ON SEPTEMBER 25, 2012
                                                      TO

                                          MINISTRY OF FINANCE


ENERGY & EXTRACTIVES

AFRICA




                           Regional Vice President:    Hafez M. H. Ghanem
                                 Country Director:     Coralie Gevers
                                 Regional Director:    Riccardo Puliti
                       Practice Manager/Manager:       Christopher Gilbert Sheldon
                              Task Team Leader(s):     Boubacar Bocoum
           The World Bank
           Mineral Governance Support Project (P122916)



I. BASIC DATA

Product Information

Project ID                                                     Financing Instrument
P122916                                                        Investment Project Financing

Original EA Category                                           Current EA Category
Partial Assessment (B)                                         Partial Assessment (B)

Approval Date                                                  Current Closing Date
25-Sep-2012                                                    31-Dec-2019




Organizations

Borrower                                                       Responsible Agency
Ministry of Finance                                            Ministry of Mines



Project Development Objective (PDO)
Original PDO
The proposed PDO is to strengthen the capacity and governance systems of key institutions for managing the minerals
sector in Guinea.
Summary Status of Financing


                                                                                       Net
Ln/Cr/Tf                 Approval         Signing Effectiveness         Closing Commitment Disbursed Undisbursed

IDA-H8040              25-Sep-2012   19-Jan-2013    19-Apr-2013 31-Dec-2019             20.00    18.93                0


Policy Waiver(s)

Does this restructuring trigger the need for any policy waiver(s)?
No


I. SUMMARY OF PROJECT STATUS AND PROPOSED CHANGES
           The World Bank
           Mineral Governance Support Project (P122916)



 Project performance is satisfactory, and disbursement is over 99%. The Project Development Objectives indicators,
 and the intermediary indicators were attained. Guinea intends to use the outstanding amount in the Special Account
 to among others, prepare the proposed technical assistance for the mining and environmental sectors (TAMES)
 including a gender study, the drafting of the manual of procedures, advisory services for project preparation, and
 maintain key aspects of the institutional setup of this project, (which successful implemented its activities in an
 otherwise challenging governance and political economy context of the mining sector in Guinea), in order to avoid
 delays, minimize risks for efficiency and poor governance in the selection of preparation and implementation staff for
 the TAMES, especially given the current difficult political context in the country.


II. DETAILED CHANGES


LOAN CLOSING DATE(S)


                                        Original                Revised                Proposed      Proposed Deadline
Ln/Cr/Tf         Status                 Closing               Closing(s)                 Closing        for Withdrawal
                                                                                                           Applications
IDA-H8040        Effective         31-Dec-2018             31-Dec-2019              30-Sep-2020             30-Jan-2021