The Liberian Chamber of Mines has endorsed the Government of Liberia’s proposed amendments to the Mining Law of 2000, describing the reforms as “a progressive step toward enhancing Liberia’s mineral sector.”
The review, spearheaded by the Ministry of Mines and Energy under the guidance of Minister Wilmot Paye, aims to modernize the country’s mining regulations, aligning them with global standards to attract responsible, long-term investment.
Amara Kamara, President of the Liberian Chamber of Mines, expressed strong support for the initiative, highlighting its potential to foster a more transparent, efficient, and equitable mining sector.
“This reform is a milestone for Liberia,” said Kamara. “Updating the Mining Law is crucial not only to improve regulatory standards but to ensure that mining activities bring sustainable benefits to our communities and contribute meaningfully to national development.”
The proposed revisions will undergo a validation process before being presented to President Joseph Nyuma Boakai as part of his 2025 legislative agenda. Key elements of the reform include clearer roles for stakeholders, enhanced oversight mechanisms, and well-defined license categories, aimed at protecting Liberia’s mineral resources and fostering accountability within the sector.
Kamara emphasized the importance of provisions in the revised law that aim to increase Liberian participation and benefits in mining operations. “It’s essential that this industry serves the interests of our people,” he added. “These reforms provide an opportunity to create more jobs, improve local infrastructure, protect investors, attract foreign direct investment in the sector and generate revenue for development.”
The government’s commitment to stakeholder engagement, demonstrated by the upcoming validation meeting in Buchanan, Grand Bassa County, is seen as a positive signal for Liberia’s future in both the mining and energy sectors.
Meanwhile, the Chamber of Mines looks forward to continued collaboration with government leaders and stakeholders to ensure the sustainable and responsible growth of Liberia’s mining industry.