Kingho Mining Company Woos Operational Chiefdoms, Raises over NLe 530,000 for Relocated Communities

Through its unwavering desire to ensure that its directly impacted communities are well taken care of, Kingho Mining Company Limited, a subsidiary of Leone Rock Metal Group, has on Thursday 8th September, 2022 disclosed to residents of the relocated communities of Foria, Wondugu and Ferengbeya that 10% of the over 5.3 billion old Leones 2021 CDA fund has been disbursed to roll out key social and livelihood programmes in the three communities.

The over 530 million old Leones (now five hundred and thirty thousand New Leones) was assigned specifically to the three communities, who will setup a committee that will handle the proper and transparent utilization of that fund. During the event, Section Chief of Ferengbeya, Ibrahim S. Kargo thanked the management of LRMG for its developmental strides and promised to ensure the money is used for the targeted purpose.

The CDA fund was paid by the company to all three mining chiefdoms. The allocation of this 10% was an agreement of all three mining chiefdoms – Sambaia, Dansogoia and Simiria, who disbursed this funds to people of the relocated communities, whose original settlement is where the current mining project is stationed.

Madam Judith Kosseh outlined some of the challenges raised during their previous engagement but the water has been huge challenge over the years which the company will now want to solve.