The Liberia Chamber of Mines, in collaboration with the Ministry of Mines and Energy, has hosted a one-day roundtable stakeholder engagement on the proposed amendments to the 2000 Minerals and Mining Law of Liberia.
The forum, which brought together key stakeholders from across the mining sector to engage, share insights, address challenges, and contribute to a vision for a more inclusive and sustainable mining industry, is part of an ongoing effort by the Chamber and the Ministry to reform and modernize Liberia's Minerals and Mining Law, which has been in existence for over two decades.
The proposed amendments seek to address emerging challenges in the mining industry, enhance transparency and accountability, and align Liberia's legal framework with international best practices. Key areas under review include licensing processes, environmental protections, revenue-sharing mechanisms, community benefits, and the role of artisanal and small-scale mining.
In his remarks at the engagement, Amara Kamara, President of the Liberia Chamber of Mines, noted that as the mining sector remains a vital component of Liberia's economy, the proposed amendments aim to enhance the regulatory framework, promote sustainable practices, and ensure "that the benefits of our mineral resources are shared equitably among all stakeholders."
"Let us work together to ensure that the amendments reflect the needs and aspirations of all stakeholders involved: the communities, the investors, and the government. These amendments should be consistent with a much stronger ESG policy," Mr. Kamara said at the roundtable event held on November 26th at Mamba Point Hotel.
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According to Mr. Kamara, the roundtable marked a meaningful step toward a shared vision for the mining sector's future--one that balances economic growth with social equity and environmental sustainability.
During the roundtable, participants engaged in dynamic and thoughtful discussions, offering recommendations on how to align Liberia's mining policies with global best practices while addressing local challenges. Changes to the law would compel investors interested in mining Liberia's minerals to comply with laws that are consistent with global standards and acceptable practices, in a move intended to create a conducive atmosphere.
The roundtable is part of the Chamber's and Ministry of Mines' collaboration to ensure the final draft of amendments to the 2000 mining law captures the views of sector stakeholders.
Attending the roundtable was the Minister of Mines & Energy, Hon. Wilmot J. M. Paye, along with all principal deputy ministers, assistant ministers, and directors. Others were representatives from ArcelorMittal Liberia, Bea Mountain, and West Cluster Liberia, other cherished Liberia Chamber of Mines members, HPX, members of the diplomatic corps, and other stakeholders.
