Leone Rock Metal Group (LRMG) has exemplified a remarkable commitment to community development in Sierra Leone’s Tonkolili District, Northern Province.

With a total of 53,056,773,000 billion Leones paid to three chiefdoms as Community Development Aggrement Fund within their concessional areas, LRMG has set a new standard for mining companies in the region. Noteworthy is LRMG’s trend of increasing contributions over the years. In 2022, 5.6 billion Leones was paid as CDA and in 2023, 20.3 billion Leones CDA was paid culminating in the recent landmark payment thereby setting a new standard for each period.

This significant contribution was made possible by the conducive mining policies being implemented by the President of Sierra Leone, HE Maada Bio.

These policies prioritized ones as they meant to give back to the people of Sierra Leone, especially the landowners residing in mining communities. The praises by Hon. Rose Marie Bangura, Hon. Emerson Lamina, and other officials, have underscored the importance of transparency and partnership between the mining companies and the government in fostering socio-economic growth in the country.

LRMG’s CEO, Gilbert Zhao, reaffirmed the company’s dedication to supporting the government’s efforts to enhance the mining industry and to promote socio-economic progress in Sierra Leone.

And will do that not only to meet the target but will exceed the 1% annual gross revenue of the community development fund requirements which LRMG sets an example for its being a responsible corporate citizenship.

President Maada Bio’s recognition of LRMG’s contributions has further emphasized the positive impact of collaborative efforts between private enterprises and the government.

The revision of the community development agreement regulations demonstrates a forward-thinking approach to ensuring that mining activities directly benefit the local communities and his vision for empowering people and in ensuring a conducive investment climate was further highlighted during a recent investment meeting with the Chinese companies thus showcasing Sierra Leone as an emerging investment destination in Africa.

The presence of 25 Chinese investing companies ranging from the biggest steel plant company to logistics and shipping companies etc at the official handover of the CDA fund just weeks after HE Bio’s visit to China signifies Sierra Leone’s growing prominence as Africa’s gradual investment hub.

President Bio’s commitment to empowering the people and to fostering sustainable development aligns with LRMG’s vision for inclusive growth and community prosperity.

Leone Rock Metal Group’s proactive engagement in community development initiatives has not only sets a precedent for other companies but has also embodied the spirit of partnership and progress in Sierra Leone’s mining sector.

As mining companies continue to play a pivotal role in the country’s economic landscape, LRMG stands out on its dedication to advancing the well-being of the communities the company is operating.