Arbitration and dispute resolution
Any dispute between the government and Mano River Iron Ore (Liberia) Inc. (Mano River (Liberia)) realted to this contract, or...
Audit mechanisms - financial obligations
Mano River Iron Ore (Liberia) Inc. (Mano River (Liberia)) shall cause its books of accounts to be audited within 3...
Confidentiality
The government shall treat all information supplied by Mano River Iron Ore (Liberia) Inc. (Mano River (Liberia)) under this contract...
Environmental impact assessment and management plan
The parties recognize that operations may result in some pollution, contamination or other environmental damage to land, water and the...
Environmental protections
Mano River Iron Ore (Liberia) Inc. shall take preventive, corrective and/or restorative measures to ensure that all streams and water...
Governing law
Operations will be conducted in accordance with the laws of Liberia
Income tax: rate
In general, Mano River Iron Ore (Liberia) Inc. shall be liable to all taxes, fees, duties, excises, and other charges...
Infrastructure
Mano River Iron Ore (Liberia) Inc. has the right to acquire, build and construct infrastructure, plant and equipment and other...
Local development agreement
Mano River Iron Ore (Liberia) Inc. (Mano River (Liberia)) shall encourage economic and social development during the term of his...
Local employment
Mano River Iron Ore (Liberia) Inc. shall not employ foreign unskilled labor and to the maximize extent feasible, employ Liberian citizens at all levels.
Location
The exploration area shall lie in the Putu Range area, Grand Gedeh County as identified on the map in Appendix A, covering an area of 105.019 acres.
Renewal or extension of term
The contract can be extended for 2 years at the option of Mano River Iron Ore (Liberia) Inc. plus any period of renewal to which the government may agree.
Resettlement
If the use of any privately owned or occupied property within the exploration area is reasonably required for the conduct...
Signatories, State
Minister, Ministry of Lands, Mines & Energy, Republic of Liberia
State agency, national company or ministry executing the document
Ministry of Lands, Mines & Energy, Republic of Liberia
Surface fees or rent
Mano River Iron Ore (Liberia) Inc. (Mano River (Liberia)) shall make an annual payment of US$ 15,000 for the grant...
Term
The term of this contract is the earlier of either the completion of exploration and evaluation or three years.
Training
Mano River Iron Ore (Liberia) Inc. (Mano River (Liberia)) shall provide on a continuing basis for the training of its...
Type of contract
Exploration Agreement. However, during or at the expiration of the exploration period, Mano River Iron Ore (Liberia) Inc. may apply for a mineral development agreement.
Water use
Mano River Iron Ore (Liberia) Inc. has the right to remove, extract and use, solely for its own exploration purpose,...
Work and investment commitments
Mano River Iron Ore (Liberia) Inc. shall expend not less than US$ 1.00 per acre during each calendar year as...
Country
Liberia
Signature Year
2005
Resource
Iron Ore
Type of Contract
Exploration Permit/License
Open Contracting Identifier
ocds-591adf-2272060363
Disclosure Mode
Government
See Legislation in African Mining Legislation Atlas
More from
More for