Transaction #5671

Superficie des terres

Size under contract (leased or purchased area)

[2002, actuel] 19999.5 ha

Commentaire sur la superficie des terres

49,420 acres of land in Montserrado and Rivercess counties.

Intention de l’investissement

[actuel] Mining

Nature de la transaction

Exploitation permit / license / concession (for mineral resources)

Commentaire sur la nature de la transaction

The License is valid until 13th March 2027.

Statut de la négociation

[2002] Concluded (Oral Agreement)
[2013] Concluded (Change of ownership)
[actuel] Concluded (Oral Agreement)

Commentaire sur le statut de la négociation

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.

Statut de la mise en œuvre

[2015] Startup phase (no production)
[2016, actuel] In operation (production)

Commentaire sur le statut de la mise en œuvre

construction began in 2015.

Frais de location

Commentaire sur les frais de location

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.

Agriculture sous contrat

Non