MONROVIA – The Liberian Senate has voted in favor of the Amended Mineral Development Agreement giving Bea Mountain additional 25 years of operations in Liberia. The amended concession agreement between Bea Mountain Mining Corporation (BMC) and the Government of Liberia will grant the company an additional 25 years of operation. The Senate’s Plenary, on Wednesday, August 30, 2023, passed into law the First Amendment to the Restated and Amended Agreement of BMMC. This move came following a recommendation by the Senate Joint Committee, led by the Committee on Mines, Energy, Natural Resources, and Environment, after a public hearing involving sectorial agencies. The Senate Committee on Mines, Energy, Natural Resources, and Environment endorsed the passage and ratification of the First Amendment to the Restated MDA.

Source: Front Page Africa August 31, 2023 18:04 UTC