| Deal #5671 | Version 73281 | Version 73283 |
|---|---|---|
General info | ||
| Size under contract (leased or purchased area) |
| |
| Comment on land area | Size of licence granted is not clear. | 49,420 acres of land in Montserrado and Rivercess counties. |
| Negotiation status |
|
|
| Comment on negotiation status | According to community members, the investor took over the mining area from American-Liberian Mining Company (AMLib) in 2013 and it has been operating on the Mineral Development Agreement that was signed between the government of former President Charles Taylor and AMLib in 2000. | According to community members, the investor took over the mining area from American-Liberian Mining Company (AMLib) in 2013 and it has been operating on the Mineral Development Agreement that was signed between the government of former President Charles Taylor and AMLib in 2002. |
| Annual leasing fee currency | US Dollar ($) | |
| Annual leasing fee type | PER_HA | |
| Comment on leasing fee | The company is supposed to pay US $50,000.00 for surface rental on the day the agreement is signed; US $0.12 per acre for land in the exploration area; and US $ 1.00 per acre fir land in the production area. Data was obtained from a formal source. | |
Employment | ||
Investor info | ||
| Comment on investment chain | The contract was originally signed with AmLib United Minerals Inc in 2002. In April 2014, Avesoro Jersey (previously known as MNG Gold Jersey Ltd) acquired 90% stake owned by Amlib in the project. The 10% is owned by the Government of Liberia. | |
Local communities / indigenous peoples | ||
| Negative impacts for local communities | Environmental degradation | Environmental degradation, Socio-economic |
| Promised benefits for local communities | Health, Roads, Other | Health, Education, Roads, Capacity building, Other |
| Presence of organizations and actions taken (e.g. farmer organizations, NGOs, etc.) | On October 8, 2018 residents also filed a US$285 million action of damage for wrong against MNG-Gold at the Ninth Judicial Circuit Court in Gbarnga City, Bong County, but the management denied the allegation, terming it as "false claims. | |
Former use | ||
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
Meta | ||
| Fully updated | Yes | No |
Locations | ||
Data sources | ||
Data source #mDPjIdwB | ||
| File | ||
| Url | ||
| Publication title | Kokoya Gold Mine | |
| Date | 2017-09 | |
| Comment on data source | Social Responsibility | |
Data source #bE07eHKI | ||
| File | ||
| Type | Media report | Company sources |
| Url | ||
| Date | 2017-10-18 | |
| Comment on data source | Front Page Africa- Crisis Management Team, MGN Gold Tackle Chemical Spillover in Bong County | Social Responsibility |
Data source #HB0ytr0W | ||
| File | ||
| Url | ||
| Publication title | Kokoyah Residents Want MNG-Gold’s MDA Reviewed | |
| Date | 2019-09-10 | 2017-10-18 |
| Comment on data source | Front Page Africa- Crisis Management Team, MGN Gold Tackle Chemical Spillover in Bong County | |
Data source #PEYlrSeQ | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Kokoyah Residents Want MNG-Gold’s MDA Reviewed | |
| Date | 2019-09-10 | |
Data source #j_XmUsj5 | ||
| Type | Contract | |
| Url | ||
| Keep PDF not public | No | |
| Comment on data source | original contract | |
Data source #_asfYOLO | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Liberia: Kokoyah Residents Want MNG-Gold's MDA Reviewed | |
| Date | 2019-09-10 | |
Data source #ZliOBS8w | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | MNG Denies Plans to Exit Liberia | |
| Date | 2019-09-17 | |
Data source #g5F21UZH | ||
| File | ||
| Type | Research Paper / Policy Report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | ABRIDGED SIMPLIFIED CONTRACT MATRIX Designed for Multistakeholders Reference LIBERIA EXTRACTIVE INDUSTRIES | |
| Date | 2015-12 | |
Contracts | ||
Contract #EEQMDhN5 | ||
| Date | 2015-01-26 | 2002-03-14 |
| Expiration date | 2026-03-13 | |
| Duration of the agreement | 12 years | 25 years |
| Comment on contract | According to reports MNG has been operating on the MDA that was signed between the government of former President Charles Taylor and AMLib in 2000. Residents are calling for the contracts to ne reviewed to meet with the present reality. | |