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The Environmental Protection Agency Sierra Leone has secured $26,225,000 in financial guarantees from 11 mining companies for mine rehabilitation and environmental compliance.
According to the agency, the amount represents the largest sum it has collected for environmental restoration obligations in the mining sector.
The development follows a two-day workshop recently held at the Shangri-La Hotel in Freetown, where EPA-SL engaged large-scale and small-scale mining operators, Environmental Impact Assessment consultants, government ministries, departments and agencies, civil society groups, and Paramount Chiefs.
Discussions focused on the Mine Rehabilitation Liability Estimator (MRLE) model and the 2024 Environmental Impact Assessment fee regulations.
The MRLE model is intended to ensure that mining companies, rather than the state, bear the cost of restoring mined land after extraction activities end.
Under the framework, operators are required to submit mine closure plans supported by financial guarantees to ensure affected land is rehabilitated to an environmentally functional condition.
“This is a strong step towards more responsible mining and greater protection for our land, rivers, forests, and communities,” the agency stated.
EPA-SL further confirmed that Environmental Compliance Assurance Certificates will be issued to the 11 companies that have met the required standards.
The agency added that mine valuations are continuing for other operators as part of efforts to ensure broader compliance across the sector.
While commending companies that have complied, EPA-SL urged all mining operators to adhere to environmental laws and regulations.
The agency said stronger enforcement remains essential to promoting a sustainable mining industry that balances economic development with environmental protection.
