Deal #7847

Liberia

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Created at

2020-04-13

Last update

2020-04-15

Intention of investment

[current] Mining

Comment on intention of investment

Mining – Iron ore

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Comment on nature of the deal

Signed a 25 year Mineral Development Agreement or MDA with the government of Liberia. the Western Cluster project consists of three mining concessions, the Bomi, Mano and Bea.

Negotiation status

[current] Concluded (Contract signed)

Leasing fees

Comment on leasing fee

The company is to pay the government a royalty fee of 4.5% the money it makes when it makes shipment to buyers.