Liberia Chamber of Mines Paves the Way for Sustainable Mining …Stakeholders Unite to Amend & Revise Minerals Law At Roundtable Discussion

In a landmark effort to modernize the nation’s mining sector, the Liberia Chamber of Mines, in partnership with the Ministry of Mines and Energy, hosted a one-day roundtable to discuss proposed amendments to the 2000 Minerals and Mining Law of Liberia. 
The event, which was held on November 26, 2024 at Mamba Point Hotel in Monrovia, brought together key industry players, government officials, and international partners to shape the future of Liberia's mining industry.
The forum was designed to provide a platform for stakeholders to engage, share insights, and collaborate on building a more inclusive and sustainable mining sector. 
With the Minerals and Mining Law over 20 years old, the proposed amendments aim to address contemporary challenges, enhance transparency, and align the nation’s legal framework with global standards.
Opening the discussions, Amara Kamara, President of the Liberia Chamber of Mines, stressed the importance of revising the outdated legislation. 
“Our mining sector is a cornerstone of Liberia’s economy,” Kamara remarked. “These amendments are a critical step toward ensuring our resources benefit all stakeholders equitably—communities, investors, and the government—while promoting sustainable practices.”
The proposed revisions target key areas such as licensing procedures, environmental protection, community benefits, revenue-sharing mechanisms, and the inclusion of artisanal and small-scale miners. 
Mr. Kamara also emphasized the need for a stronger Environmental, Social, and Governance (ESG) framework to align Liberia’s mining industry with international best practices.
The roundtable drew participation from a diverse array of stakeholders, Chamber of Mines members including representatives from ArcelorMittal Liberia, Bea Mountain, and West Cluster Liberia. HPX, Diplomats, such as members of the U.S. Embassy’s Economic Affairs Department and South African Embassy. 
Dynamic discussions at the event covered a wide range of topics, including strategies to enhance investor confidence, strengthen community engagement, and address illegal mining. Representatives from international mining companies shared best practices, while local stakeholders provided valuable insights into community concerns and priorities.
Participants reached a consensus on several critical recommendations, to be submitted to the Ministry of Mines as a means to enhanced the proposed amendment of the mineral laws.
These insights will inform the drafting of the amended Minerals and Mining Law, which will undergo further review before being presented to the legislature.
This milestone roundtable marks a transformative moment for Liberia’s mining sector. With a unified vision for sustainability, inclusivity, and transparency, the Liberia Chamber of Mines and the Ministry of Mines and Energy have positioned the nation to unlock its full mineral potential while ensuring the benefits are shared equitably across all sectors of society.
Also attending the roundtable were the Principal Deputy Ministers, Assistant Ministers, and Directors.
Minister of Mines and Energy Wilmot J. M. Paye echoed these sentiments, highlighting the government’s commitment to creating a regulatory environment conducive to sustainable growth. 
“This roundtable represents our dedication to reforming the mining sector for the benefit of all Liberians. Collaboration with stakeholders is vital to achieving a fair and inclusive system,” Minister Paye stated.