The Honorable House of Representatives has climaxed its extended special session with the passage of Bea Mountain Mining Corporation’s restated mineral development agreement, which seeks to extend the Turkish company’s operations in Liberia to the year 2051. Speaking at the close of the special session House speaker Bhofal Chambers extended warm and heartfelt commendations to his colleagues and fellow lawmakers today for their unwavering dedication and dutiful service to the people of Liberia. The speaker expressed his deep appreciation for the tireless efforts and commitment demonstrated by his colleagues duringRead More

The Honorable House of Representatives- HOR, has concurred with the Liberian Senate on the ratification of the Restated and Amended Mineral Development Agreement between the Liberian Government and Bea Mountain Mining Corporation- BMMC. It followed, an earlier ratification of the agreement by the Liberian Senate. The House of Representatives immediately mandated its Joint Committee on Mines, Energy & Natural Resources, Investment and Concessions, Agriculture and Judiciary to review the instrument. According to the House Press and Public Affairs, following the joint committee report on Thursday, 6 September, members of theRead More

A US$22 million incentive Agreement between the Republic of Liberia and Gboni Enterprises Incorporated has been ratified by the House of Representatives. The decision was reached by the Houses’ Plenary following a comprehensive report from its joint Committee on Investment & Concessions, Judiciary and Ways, Means, Finance & Development Planning. The agreement which was signed on April 21, 2023 is seeking to construct a 25,000 MT ultra-modern petroleum storage terminal in Liberia. According to a release from the Houses’ Press Bureau, the construction of the terminal will help alleviate theRead More