The House Joint Committee on Natural Resources and Concessions has officially commenced Public Hearing to review the restated and amended Mineral Development Agreement entered into between the Government of Liberian and the Bea Mountain Mining Corporation.
The public hearing, according to the House Press and Public Affairs, which began on Monday September 4, 2023, marks a significant step in ensuring transparency, accountability and public participation in the management of Liberia’s valuable mineral resources.
The House Joint Committee composed of members from Mines, Energy and Natural Resources, Investment and Concessions, Agriculture and Justice.
The Restated and Amended MDA between the Government of Liberia and Bea Mountain Mining Corporation is of great national importance, as it governs the terms and conditions of mineral exploration and exploitation in the country. It also outlines the responsibilities of parties involved including the sharing of benefits, environmental safeguards and social development commitments.
Addressing the hearing, the Chairman of the Inter-Ministerial Committee on Investments and Concessions, Atty. Molewuleh B. Gray said under the new 25 years agreement, the company is expected to make additional investments of five hundred and twenty million United States Dollars (US$520,000,000).
He stated that there are four areas under considerations that the company will focused beginning with as of this September Bea Mountain will make investment of US$70 million in what is considered as the leopard rock reserve at the Mount Timor Open Pit Mine, the company will make an investment of US$150 million in October of this year, at Nat Blama Mine, they will make another US$200 million by June of 2024.
The hearing was attended by the Bea Mountain General Manager, Reza Karimunyon, Mr. Debar Allen, Country Manager, Mine and Energy Minister Gester Murray, National Investment Commissioner, Molewuleh B. Gray, Acting Justice Minister Nyanati Tuan, representing the National Bureau of Concession, Diana Harris and Wilmot Yarssiah and the Liberia Revenue Authority (LRA) was represented by its Deputy Commissioner General for Technical Services, Gabriel Montgomery.
The Joint Committee Chairman, Clarence Massaquoi presiding over the hearing said, the House will do nothing to compromise the interest of the people and as such, the committee will scrutinize the MDA properly, involving the public participation including the community or county in which the concessionaires operate.
The committee has requested the following documents to aid their work. The company’s list of shipments for the past six months, technical and feasibility that informs the Mine and Energy Minister to sign unto said proposed agreement, usage of explosive at mine sites, clarity on number of Liberian citizens employed, the issues of local contents, overall performance report, among others.
The hearing which was hearted saw several lawmakers including Representatives Acarous Gray, Vincent Willie, Dixon Seboe, P. Mike Jurry, Johnson Gwaikolo, Rustonlyn S. Dennis all actively participating giving their inputs.
The Public Hearing will provide an opportunity for all stakeholders to express their views, concerns and recommendations regarding the MDA. It is expected that these hearings will help ensure that the agreement aligns with the best interest of the Liberian people and adheres international best practices in the mining sector.
The House Joint Committee encourages all stakeholders including civil society, community leaders, and concerned citizens to actively participate in these public hearings by submitting a written memoranda and attending the scheduled sessions. The inputs received will be carefully considered in the committee’s deliberations.
The hearing continues as the House Joint Committee to conducting a fair, transparent review of the Restated and Amended MDA, ensuring that Liberia’s mineral resources contribute to sustainable development, job creation and improved livelihood for all Liberians.
Currently it sounds like WordPress is the best blogging platform out
there right now. (from what I’ve read) Is that what
you’re using on your blog?
Simply want to say your article is as amazing. The clarity for your
post is just great and i could assume you’re an expert in this subject.
Well with your permission allow me to grasp your feed to stay up to date
with impending post. Thank you a million and please keep up the gratifying work. https://commealatele.com/question/types-de-production-video-diversite-et-applications-43/
I enjoy, cause I discovered exactly what I was looking for.
You’ve ended my four day long hunt! God Bless you man. Have a nice day.
Bye https://Bolaopaulista.com/author/vivienstono/
Your method of describing the whole thing in this post is actually fastidious,
all be able to easily know it, Thanks a lot https://www.esthetiquemariechristelle.com/
This fitbit flex value the newest fitness tracker, tthe Flex presents almost all the
identicasl features as the company’s Onee product.
Also visit my blog post :: mega ocean king jackpot
situs bom88 situs link bokep yang banyak tersedia berbagai macam jenis video bokep yang ada
situs bokep bom88 aw aw ase ase asek kali
I every time used to read piece of writing in news papers but now as I am a user of internet therefore from now I am using net
for articles or reviews, thanks to web.
ini adalah situs bokep paling bagus
It’s appropriate time to make some plans for the
future and it’s time to be happy. I have read this post and if I could
I desire to suggest you some interesting things or advice.
Perhaps you could write next articles referring to this
article. I desire to read even more things about it!
Announced on September 17, 2012, the Fitbit Zip is roughly thee
dimensiins of 1 / 4 and tracks only steps taken,
distance travelled, and calories burned.
Look into my web-site Baccarat Online
situs porno yang paling bagus
I got this web site from my buddy who told me on the topic of this web
site and at the moment this time I am visiting this site
and reading very informative articles at this time.
Woah! I’m really enjoying the template/theme of this website.
It’s simple, yet effective. A lot of times it’s difficult to get that “perfect balance” between superb usability and visual appearance.
I must say that you’ve done a very good job with this. Additionally, the blog loads extremely quick for me on Firefox.
Outstanding Blog!
https://applebitcoins.com Apple4 bitcoin | buy apple products with
bitcoin and cryptocurrency
https://cryptobitmart.comCryptobitmart | Online Shopping
with Cryptocurrency
https://bitgolder.com Bitgolder | Buy Gold and silver with bitcoin and cryptocurrency anonymously
Your mode of telling the whole thing in this post is really fastidious, all be
capable of simply know it, Thanks a lot https://struktall.com/
Your mode of telling the whole thing in this article is actually nice, all be capable of simply understand it, Thanks a lot https://www.belleauauto.com/
Your method of telling all in this paragraph is genuinely nice, every one be able to without difficulty be aware of it,
Thanks a lot https://www.palmaloftbeauty.com
Your mode of describing all in this article is genuinely pleasant,
all be capable of simply understand it, Thanks a lot https://cannagepublic.com/
Your mode of telling all in this post is in fact nice, all can without difficulty be aware of it, Thanks a lot https://www.gih.ca/
Your means of explaining all in this post is actually nice, all be capable of easily know it, Thanks a lot https://www.conceptmrustique.com/