SLMMDMC Signs Land Lease Agreements Worth Over $200,000 with Three Chiefdoms for Iron Ore Development

SLMMDMC Signs Land Lease Agreements Worth Over $200,000 with Three Chiefdoms for Iron Ore Development

By Kadijatu Bangura, Daily Scope

The Sierra Leone Mines and Mineral Development and Management Corporation (SLMMDMC), wholly owned by the Government of Sierra Leone, has officially signed land lease agreements with three chiefdoms—Diang, Sambaia, and Dansogoia—totaling over $200,000 in annual surface rent. This initiative will enable SLMMDMC to manage the Kasafoni Iron Ore Deposits located within these chiefdoms.

A high-profile government delegation, led by Finance Minister Sheku Fantamadi Bangura, included key officials such as the Minister of Local Government and Community Affairs, Tamba Lamina; Minister of Internal Affairs, Rtd AIG Morie Lengor; Minister of Lands, Dr. Turad Senesie; and other notable representatives. The delegation engaged with local leaders to finalize the agreements concerning the iron ore deposits.

Diang Chiefdom

The agreement with Diang Chiefdom sets a land lease term of 49 years, with an option for a 25-year renewal. The chiefdom will receive an annual surface rent of $76,000 (approximately NLe 1,824,000), subject to reviews every five years. Importantly, the agreement includes commitments to improve local infrastructure, including roads, schools, hospitals, and other social amenities. It also stipulates that any additional provisions will require engagement with the local community. A dispute resolution mechanism allows for a 14-day period for conflict resolution, extendable with external assistance if necessary. Furthermore, residents of Diang Chiefdom will have priority for employment opportunities in the mines.

Sambaia Bendugu Chiefdom

Similarly, the Sambaia Bendugu agreement spans 49 years, with a renewal option for 25 years. The chiefdom will receive an annual surface rent of $118,000 (approximately NLe 2,832,000), which will also be reviewed every five years. Residents can expect improvements in transportation, education, healthcare, and utilities, with a commitment to prioritize local job opportunities related to the mining operations.

Dansogoia Chiefdom

Dansogoia Chiefdom, which constitutes only 3% of the Kasafoni Iron Ore concession, will receive an annual surface rent of $6,000, under terms similar to those of the other chiefdom agreements.

The local landowners in all three chiefdoms welcomed the agreements, expressing their support by signing the documents and thanking the Government of Sierra Leone for this significant development.

For further information, please contact the Daily Scope Newspaper at dailyscopemedia@gmail.com.

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