Sierra Leone’s President, Julius Maada Bio Hands Over $3.7 Million Community Development Fund, Commissions the Marampa Mines Expansion
他的阁下总裁Julius Maada Bio博士正式向Marampa和Maforki Chiepdoms介绍了370万美元（相当于NLE 83,700,000）的象征性支票，作为其Marampa Mines Mines Limited（MML）的1％社区发展基金（CDA）的付款Essence 2023 and 2024 fiscal year.
The event also marks the company’s successful debugging of the production capacity of 3.75 million tons of high -grade iron ore each year. This is a major milestone, emphasizing that Sierra Leion is willing to attract and maintain investment.
In his speech, BIO expressed deep appreciation to the managers and employees of Marampa Mines Limited, because their investment in Cerra Leine eventually led to the expansion and introduction of the CDA fund to the local community. He praised the minister of mining and mineral resources, the supervision of the Chief of Paramount and the local authorities, and encouraged to continue cooperation to ensure that the company’s operations were uninterrupted.
The president emphasizes the importance of corporate social responsibility, especially in terms of human capital development through the development of human capital. He emphasized how skill training enables young people to flourish in the employment market and describes it as a key driving force for upward social and economic flow.
“The development of human capital, especially skill training, is an important driving force for social and economic liquidity. It helps to provide young people to adapt to the correct ability to adapt to the employment market.” He said.
President BIO pointed out that the CDA negotiated by its government represents a historical achievement to ensure that the local community benefits directly from the country’s mining resources.
“I transfer the $ 3.7 million virtual check here to NLE $ 83 million for NLE as a payment of the CDA Fund in 2023 and 2024. These payments are designed to directly enhance the development and well -being of the local community, which reflects our government fairness for fairness. Common commitment to inclusive development. “He said.
President BIO reiterated that his government is committed to promoting fair development and ensuring that the community benefits directly from the country’s natural resources. He praised the people in the port area of Locco to support the government’s efforts to attract the investment of the transformative department.
Craig Dean, CEO of Gerald Metals chief financial officer Patricia Nikolopoulos, issued a statement on behalf of Marampa Mines Limited. She thanked President BIO’s political will and committed to creating a favorable environment for Sierra Leine’s investors.
Although global challenges such as iron ore price fluctuations and demand transfer, Mrs. Nicholas emphasizes the company’s decision to invest in the most advanced equipment of more than 200 million US dollars, including rotating crusher, SAG mill, and expanded. power plant. This investment aims to improve production capacity, improve efficiency, and fulfill its commitments to Sierra Leine and its host community.
“The expansion of 3.75 million tons of high -end iron ore and the introduction of our CDA in 2023 and 2024 reflects the hard work, dedication and partnership that integrates us with the government. Sustainable development.
APO Group is distributed on behalf of the State Council Building Sierra Leone.
