Sierra Leone Cancels 40 Minerals Right License

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The Ministry of Mines and Mineral Resources and the National Minerals Agency has canceled scores of mineral right as part of ongoing efforts to transform the Minerals Sectors.

A press release the Agency published last month states that it is clamping down on illegal Miners and Mineral Right Holders who have not been meeting their financial and other obligations to Government.

Excerpt of the press release reads: Consequent upon the above, the NMA hereby informs the public that, consistent with the provision of Section 53 of the Mines and Minerals Act of 2009, the Minister of Mines and Minerals Resources has cancelled the licence of the following Companies  with immediate effect, for failing to meet their statutory obligations:

NO        COMPANY                                                                   LICENCE NO.
1           Taia (SL) LTD.                                                              EL 04/2011
2           Total Global Steel Company Limited                              EXPL 01/2010
3           Chuandi International Minerals Company Limited            EL 09/2010
4           Mining and Minerals Ltd                                                 EL 01/2011
5           Universal Gold Mining And Exploration (SL) Ltd               EXPL 29/2010
6           Chuandi International Minerals Company Limited            EL 61/2011
7           Universal Gold Mining And Exploration (SL) Ltd               EL 81/2011
8           RIMCO Mining Company (SL) Ltd                                   EL 17/2012
9           RIMCO Mining Company (SL) Ltd                                   EL 18/2012
10         RIMCO Mining Company (SL) Ltd                                   EL 19/2012
11         RIMCO Mining Company (SL) Ltd                                   EL 20/2012
12         RIMCO Mining Company (SL) Ltd                                   EL 58/2012
13         RIMCO Mining Company (SL) Ltd                                   EL 59/2012
14         RIMCO Mining Company (SL) Ltd                                   EL 57/2012
15         RIMCO Mining Company (SL) Ltd                                   EL 35/2012
16         RIMCO Mining Company (SL) Ltd                                   EL 36/2012
17         Kingho Investment Company Limited                              EL 23/2012
18         Kingho Investment Company Limited                              EL 24/2012
19         Kingho Investment Company Limited                              EL 25/2012
20         Kingho Investment Company Limited                              EL 26/2012
21         Baomahun Gold Limited                                                  EL 60/2012
22         FAVIC INVESTMENT Company Limited                             EL 13/2013
23         Lora Golden Wings (SL) Limited                                       EL 23/2013
24         Universal Dawnus (SL) Limited                                        EL 06/2014
25         Trillium International Offshore (SL) Limited                       ML 6/2014
26         SMC VENTURE ONE (SL) LIMITED                                    SML 1/2017
27         ZWELL INVESTMENT COMPANY LIMITED                          EL 11/2016
28         Longtiaoshan (SL) Company Limited                               EL 10/2016
29         Matrix Exploration & Production Company Limited           EL 3/2013
30         M & S Ventures                                                              EL 9/2015
31         Atlantic Minerals (SL) Limited                                          EL 5/2014
32         Kingho Investment Company Limited                              EXPL 21/2010
33         Kingho Investment Company Limited                              EXPL 22/2010
34         Kingho Investment Company Limited                              EXPL 23/2010
35         Kingho Investment Company Limited                              EL 40/2011
36         Kingho Investment Company Limited                              EL 41/2011
37         Kingho Investment Company Limited                              EL 43/20111
38         Kingho Investment Company Limited                              EL 42/2011
39         Shadow Minerals (SL) limited                                          SML 1B/2012
40         Shadow Minerals (SL) limited                                          SML 1C/2012

This cancellation was done following a recent discovery by the government of a hideout mining tunnel in Tonkolili district. Reports say Chinese nationals have been engaging in illegal mining activities for a period of four years flouting laid down procedures governing mining rights.

As a deterrent to that ugly development the National Minerals Agency has issued a directive that all intending to apply for mining concession areas and licenses and or exploration processes should do so through the agency’s office at the New England Ville.

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Abu Bakarr Tarawally is a Journalist based in Freetown. He works for the Sierra Leone Broadcasting Corporation as a radio producer. He has once served as Editor for a few newspapers in Freetown, including Sierra Express Media, The Exclusive Newspaper and his own newspaper, the Daily Express Publications. He is a teacher trainer, and loves writing and reading a lot. Email: abstarawally@gmail.com. Call +232 88601277 or +2327661303.

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