Sable Mining Africa Limited – Bagla Hills scam
Freetown 13th April, 2011- The attention of the Government of Sierra Leone has been drawn to a Press statement by Sable Mining Africa Limited, issued on the 7th April, 2011, claiming ownership of a 50 years lease for a land estimated at 206.75 Sq Km covering Bagla Hills, Tunkia Chiefdom Iron Ore deposit in the Kenema District, Sierra Leone.
Government wishes it to be known that all Mineral Resources within the confines of Bagla Hills is not for prospecting, exploration or mining, as they fall within a reserved area.
Any attempt by any individual or entity to undertake or carryout any prospecting, exploration, mining or any agricultural or commercial activity within that reserved area will face the full force of the law.
The purported holding of the 206.75Sq Km by Sable Mining Africa Limited, is therefore not recognized by the Government of Sierra Leone and the reported lease by the company in the aforementioned area is therefore illegal.
Meanwhile, the Government of Sierra Leone has instituted an investigation regarding the alleged acquisition of the Bagla Hills area by both Red Rock Mining (SL) Limited and Sable Mining Africa Limited, with the intention of prosecuting any person(s) or entity involved in the scam.
Ministry of Information and Communications, Sierra Leone
Stay with Sierra Express Media, for your trusted place in news!
© 2011, sierraexpressmedia.com. All rights reserved.