I personally believe that President Bio will be remembered just like our past HEROES Sengeh Pieh, Bai Bureh, and Sir Milton Margai based on the fact that they all fought for the DIGNITY, FREEDOM AND JUSTICE for our citizens. President Bio will always refuse to sell his “BIRTHRIGHTS for a bowl of porridge”. Let us continue to hope and pray that SL Mining will abandon the ideology of GREED. They should use their conscience by destroying the agreement signed with the destructive APC party in the 11th hour (which includes bribery) before they were kicked out of Statehouse. The upcoming arbitration process should be a Win Win situation for the People of Sierra Leone and the SL Mining which is one of the biggest corporations in the world.
Britain's High Court on Monday dismissed Sierra Leone's challenge of a 2020 International Chamber of Commerce (ICC) decision over claims by SL Mining after a dispute over its iron ore mining operations in the country.
By Reuters Staff
2 Min Read
JOHANNESBURG (Reuters) - Britain’s High Court on Monday dismissed Sierra Leone’s challenge of a 2020 International Chamber of Commerce (ICC) decision over claims by SL Mining after a dispute over its iron ore mining operations in the country.
The miner, a subsidiary of U.S. commodity trader Gerald Group, filed for arbitration with the ICC in August 2019 and suspended its Marampa mine the following month.
Later that year, Sierra Leone cancelled the company’s mining licence, saying it had breached its contractual obligations. SL Mining denied the accusation.
Sierra Leone then challenged the ICC’s jurisdiction, arguing SL Mining should have waited three months from the July 14, 2019 notice of dispute before commencing arbitration proceedings.
January 13, 2021
Management of Kingho Investment Company Limited have on Friday joined officials of the mining and minerals sector of Sierra Leone to sign the railway and port lease agreement that will ensure the company’s subsidiary- Kingho Railway and Port Company Limited utilize the infrastructure for their iron ore transportation in the country. It should be noted that the Railway and Port is now the asset of the Government and the People of Sierra Leone.
The 192 kilometer railway facility which stretches from the new Iron Ore mines in Tonkolili District to the port town of Pepel in Port Loko District is owned by the Government of Sierra Leone (GoSL). In order to enhance effective transportation of the iron ore from the mining site in Tonkolili to be transported out of the country, Kingho has to lease the railway and port facilities from the GoSL.