A five-man delegation is currently in London to negotiate Government’s mining policy with a view of reviewing the operations of mining companies in the country.
The delegation comprises of its Spokesman Herbert McLeod and Frank Kargbo – both from the Strategy And Policy Unit of the President’s Office; Finance Minister David Carew, Deputy Mineral Resources Minister Abdul I Koroma and the Director of Mines Osman Boye Kamara.
Government is demanding a fair share of gains from the exploitation of its mineral resources and therefore decided to engage with the shareholders of the companies in London rather than those in Freetown who are mere operatives. The delegation has had sleepless nights at the Chamberlain Hotel, 1-35 Minorese Algate, East London, consolidating and agreeing on a reasonable government position aimed at benefiting the people of Sierra Leone. According to Mcleod, the delegation has been making steady progress in the meeting which, for now is targeting only Koidu Holdings while the other companies will be dealt with at a later date. The negotiating team presented a comprehensive proposal on behalf of government among which calls for mining companies to embark on infrastructural developments such as the establishment of schools, hospitals, roads maintenance and employment. Finance Minister Carew said now that the government of Sierra Leone has succeeded in stabilising the economy, its time the people of Sierra Leone start to benefit from what he referred to as their ‘precious God-given gift.’ Also at the meeting were representatives from a British Law Firm, Revenue Watch (an internationally acclaimed NGO), and representatives from Havard Business School.