London Mining reopens its Marampa site
London Mining reopened its Marampa mines site in Port Loko District last week Thursday, April 26th. The occasion attracted people from different walks of life. Speaking at the reopening launch, Chairman of the program, Minister of Mines Hon. Minkailu Mansaray said His Excellency Dr. President Ernest Bai Koroma has made sure that he created a conception plan to ensure that Sierra Leone’s minerals yield a maximum dividend that would benefit the masseuses this time round.
He said the new legislation set up in the legacy bill for all mining companies is good to enhance just mining and ensure that residents in such areas of mining operations benefit equally.
The Hon. Minister said President Koroma’s dream has come to reality as it sends a good signal to the outside world that Sierra Leone is now coping with foreign direct investment which in turn is boosting the unemployed population of the country.
Chairman of the Port Loko District Council, Mr. Munir Fofanah said they at Marampa have a long history to share as far as the iron ore mine is concerned. He pleaded with London Mining to help them with communication sets to ease their means of communication.
Chief Financial Officer of London Mining, Rachel Rhodes said London Mining has worked for six years in Sierra Leone and has spent a sum of more than $300,000 since they resumed operation. “London Mining is working and will never lose hope”, Rachael Rhodes stated. She said carrying out the Marampa Mines operations in Sierra Leone is at last a dream come true.
London Mining’s Chief Executive Officer, Graeme Hossie expressed happiness and iterated the dream comes true phraseology Rachael Rhodes used. He said it was a long journey getting to where they are at the moment, which means they have invested a lot in terms of energy, dedication of service, and cash. Graeme promised not to let the government down in their margins of investment following the launch on site on Thursday. “We are set to be producing quality product here at Marampa”, he assured. He said Sierra Leone is now known in the trade of Iron Ore as a business station.
“This is a magic formula for our community and country at large. We invest some of the profit in Sierra Leone”, he stated.
London Mining has shipped six tons of iron ore deposit since they resumed operations six years ago. The CEO believes the days of glory and prospect have better come as lights is now seen at the end of the tunnel, with the successful alliances the government has made to ensure that mining policies are put in place for the country to succeed in its revue drive.
The keynote address was given by His Excellency Dr. Ernest Bai Koroma. He said when his government said change; it meant real change that is beneficial to the country. He said since London Mining made its debut shipment in December of 2011 his government has been putting in place its real intentions into action. He said: “Our mission coincides with London Mining’s”. His Excellency said he is strongly convinced that the mining companies are going to help in rebuilding some those old moribund villages into new ones; and will also ensure that they create jobs and improve the macro-economic stability of the country.
He said activities such as the reopening of the Marampa mine site sends a clear message that Sierra Leone is a place that is safe for doing business. His Excellency prayed that the reopening brings bumper benefit to the land. He congratulated London Mining and promised his continued support of them.
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