Deal #4767

Liberia
Created at
2015-09-10
Last update
2020-08-11
Last full update
2017-10-05

Land area

Intended size
47 800 ha
Size under contract (leased or purchased area)
  • [2009, current] 47800.0 ha
Size in operation (production)
  • [2018, current] 719.0 ha
Comment on land area
478 km²- 47 800ha. Another data source states 457km2- 45 700ha. Area in operation derived from the Mapathon 2020.

Intention of investment

Intention of investment
  • [2018, current] Mining (719.0 ha)
Comment on intention of investment
Area in operation derived from the Mapathon 2020.

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Class A mining license was granted in 2009. New Liberty is expected to have an eight-year life.

Negotiation status

Negotiation status
  • [2009, current] Concluded (Contract signed)
Comment on negotiation status
Exploration license was granted in 1996. Class A mining license was granted in 2009. Preliminary economic assessment (PEA) was filed in 2010. Definitive Feasibility Study was completed in 2013.

Implementation status

Implementation status
  • [2009] Startup phase (no production)
  • [2015] In operation (production)
  • [2018, current] In operation (production)
Comment on implementation status
The company temporarily suspended operations in 2016 following a cyanide leak at the processing plant.

Contract farming

Contract farming
No