Active Mining Lease Agreements of 2021/22
Marampa Mines Mining Lease Agreement 2021
Preamble
THIS AGREEMENT is made this 31 day of December 2021 between THE GOVERNMENT OF THE REPUBLIC OF SIERRA LEONE represented by the Minister of Mines and Mineral Resources (hereinafter referred to as “GOSL “) of the ONE PART, and MARAMPA MINES LIMITED, a limited liability company incorporated under the Laws of Sierra Leone with registration number SL200521MARAM11054 and with its registered offices at No. 26 Main Motor Road, Brookfields, Freetown in the Western Area of the Republic of Sierra Leone (hereinafter referred to as “MARAMPA MINES”, which expression shall, where the context admits, include its lawful assigns and successor) of the OTHER PART.
WHEREAS
- By the Mining Licence as hereinafter defined, GOSL demised and granted to MARAMP A MINES the Minerals contained in Schedule B thereto in the area described in Schedule A thereto according to the Programme of Mining Operations described in Schedule C thereto, together with the rights referred to therein for a term of twenty-five (25) years as from 21st July 2021 upon the terms and conditions therein stated; and
- MARAMPA MINES and GOSL have agreed to enter into this Agreement to confirm the terms and conditions upon which MARAMPA MINES shall conduct mining operations in the Mining Licence Area, (as hereinafter defined).
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Resource(s)
Iron Ore
Kingho Mining Lease Agreement 2022
Preamble
THIS AGREEMENT is made THIS 14th day of June 2022 between the GOVERNMENT OF THE REPUBLIC OF SIERRA LEONE represented by the Minister of Mines and Minerals Resources (hereinafter referred to as “GoSL”) of the ONE PART, and Kingho Mining Company Ltd, a limited liability company incorporated under the Laws of Sierra Leone with registration number SLE210819KINGH06199 and with its registered offices at 97 Signal Hill Wilberforce, Freetown in the Western Area of the Republic of Sierra Leone (hereinafter referred to as the “Company”, which expression shall, where the context admits, include its lawful assigns and successors) of the OTHER PART.
WHEREAS
It is hereby weed as follows,
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Resource(s)
Iron Ore
CTC Mining Lease Agreement 2024
Preamble
This Extractive Industries Fiscal Stabilisation Agreement is made Between:
(1) THE GOVERNMENT OF SIERRA LEONE represented by the Minister of Mines and Mineral Resources and the Minister of Finance (the “GoSL”);
and
(2) CTC Mining (SL) Limited, a limited liability company, incorporated under the laws of Sierra Leone, having its registered office at 10 Wallace Johnson Street, Freetown, Sierra Leone, registered under number SL090922CTCM115348 (“CTC Mining”, which expression shall, where the context admits, include its lawful assigns and successors); collectively referred to as the “Parties” (or, individually, a “Party”).
WHEREAS:
(A) By the Mining Licences hereinafter defined, GoSL demised and granted to CTC Mining the mining rights, together with the rights referred to therein for a term of twenty-five (25) years as from 18 November 2022 upon the terms and conditions therein stated.
(B) CTC Mining and GoSL have agreed to enter into this Agreement to confirm the terms and conditions upon which CTC Mining shall conduct mining operations in the Mining Licence Area (as hereinafter defined).
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Kingho Rail & Port Lease Agreement 2021
Preamble
THIS Lease Agreement made the 08 day of January 2021 (the “Commencement Date”) BETWEEN THE GOVERNMENT OF THE REPUBLIC OF SIERRA LEONE (GOSL) (hereinafter referred to as “THE LESSOR” which expression shall, where the context so admits, include its assigns and it successors in office) of the one part AND KINGHO RAILWAY AND PORT COMPANY LIMITED, a private Limited Liability Company incorporated under the Companies 2009 of the Laws of Sierra Leone and having its registered office at 20 Signal Hill Road Wilberforce, Freetown in the Western Area of the Republic of Sierra Leone (hereinafter referred to as “THE LESSEE”, which expression shall, where the context so admits, include its successors in title and assigns) of the other part.
WHEREAS
- The Lessor has acquired the approximately 200 km railway from Pepel to Tonkolili (“the Railway’) and the port transhipment and loading facilities and land upon which the facilities are situated at the port at Pepel (“the Port”), in the Port Loko District in the Northern Province of the Republic of Sierra Leone, described in Schedule 1.
- The Lessor now desires to exclusively lease the Railway and the Port to the Lessee for a term of certain years for the Lessee’s continued occupation, use, management, operation, maintenance and rehabilitation under the terms and conditions satisfactory to the Lessor and Lessee as hereinafter defined.
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Mining Lease Agreements Predating 2021
All Mining Lease agreements and related documents predating 2021 can be accessed on our global Resource Contracts page in the link below.
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Please click here to access all Mining Lease Agreements predating 2021.
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