LE BRIEF
Algeria: 20.48 billion dinars proposed for mining in 2027, prioritising exploration and major projects
LE BRIEF • 2026-10-26
Presenting proposals to the National People’s Assembly finance committee, Mourad Hanifi outlines planned support for iron, phosphate, zinc and lead. The appropriations remain subject to budget approval and programme implementation.
Original source : Original source
LE BRIEF — Monday, 26 October 2026 edition By the LE BRIEF newsroom Country : Algeria Source publication : 24 October 2026 Event : Presentation on 24 October 2026 as part of the draft 2027 finance law. Institutional meeting in Algeria: photograph supplied to illustrate the mining budget story. Algeria intends to build greater industrial depth around its mineral resources. Presenting his ministry’s priorities to the National People’s Assembly finance and budget committee on 24 October, Minister of Mines and Mining Industries Mourad Hanifi outlined the resources proposed for 2027. The draft provides for 20.48 billion dinars in payment appropriations and close to 4 billion dinars in commitment authorisations. These two budget categories should not be added together as though they were immediately available funds of the same kind. Understanding resources to prepare investment The 2026–2028 research programme includes sixteen projects with an indicative envelope of 2.5 billion dinars. Around 1.1 billion dinars could be allocated to fourteen research and exploration projects in 2027. The objective is to strengthen geological knowledge, assess resources and prepare future operations. Exploration helps reduce uncertainty; it does not, by itself, guarantee that a deposit will become an operating mine. Gara Djebilet, phosphate and industrial metals The Gara Djebilet iron deposit remain...
Edition 10/26/2026