The Ministry of Lands, Mines & Energy (LME) has drafted a new Act of the minerals and mining sector that seeks to prioritize the interest of the Liberian people and the country at large.
The Act is aimed as establishing a framework for granting and regulating mineral titles that authorizes reconnaissance, exploration and processing of minerals in an attractive way for investors while simultaneously ensuring they contribute to the development of Liberia.
The Act, if passed, could encourage mining operations that are financially profitable, environmentally sound, and socially responsible to benefit the Liberian people.
Speaking to our reporter in an exclusive interview on Wednesday, January 29, at a one-day consultation on the update of the Liberian Mineral Mining Act held at a local hotel in Monrovia, Deputy LME Minister, Sam Ross, said the new Act has been carefully reviewed. Mr. Ross explained review of the Act would ensure harmony and beneficial relationships are created between mining companies and the communities that are affected by minerals operations.
He explained that the government of Liberia, through the LME, aims to provide economic and social opportunities for communities with mineral resources.
Mr. Ross further stated the new mining act would allow communities that explore resources to get additional benefits from mining operations in the sector.
He noted that most mining companies in the country lacked the capacity to create harmonious relationships with the people of their operations’ various communities. This lack of a mutual understanding causes failure to develop these communities.
Mr. Ross said the LME seeks the opinions, views and participation of civil society organizations, the private sector, government agencies and government ministries in order to safeguard the new Act.
He stressed the need for strengthening the country’s mining sector and providing a reliable posture for communities concerning the way forward.
Mr. Ross concluded by expressing his belief that Liberia was endowed with bountiful resources which should be used to create an international standard of living for it citizens.