The Government of Sierra Leone and SL Mining have in a Memorandum of Understanding agreed an out-of-court settlement aimed at resolving the issues between them.
This disclosure was made yesterday at aย meeting held at Tokeh Resort between the two parties.
The out-of-court settlement has been done in the best interest of the company and the country as the MoU seeks to ensure a win-win situation.
The stalemate was as a result of Government’s cancellation of the Company’s license for alleged breach of its mining lease agreement.
The CEO of SL Mining Craig Dean, Minister of Information and Communications Mohamed Rahman Swaray, Attorney General and Minister of Justice Anthony Brewah, andย Mines Minister Timothy Kabba, all expressed delight at the peaceful resolution.
This is good news for Sierra Leoneans with the company expected to resume operations soon thereby creating thousands of jobs and also contributing to the growth of the economy through the payment of taxes.
