The signing of the MOU follows the joint vision of economic cooperation, expressed by the leaders of Guinea and Liberia, President Alpha Condé and President George Weah, at a meeting held in Dakar, Senegal on April 2.

Guinea has already given authorisation for Niron to export material from Zogota in compliance with the Mining Code of the Republic of Guinea 2013.

The Chairman of the Liberian National Investment Commission Molewuleh Gray said: “This agreement opens a new chapter and supports the development of a world-class mining and logistics project for the benefit of the people of the Mano River Union.  

“The Government will now initiate discussions with the railway and port concessionaire, relating to third-party access rights. Thereafter we anticipate accelerated tripartite discussions to commence”.

Sir Mick Davis, Chairman of Niron said: “This MOU is an important milestone in our plans to develop the Zogota project. We intend to complete our feasibility study within six months and continue to work with relevant stakeholders to bring Zogota rapidly into production for the benefit of all.”

The MOU signatories from the Republic of Liberia were Transport Minister Samuel A. Wlue, Mines and Energy Minister Gesler E. Murray, Molewuleh B. Gray, Chairman of the National Investment Commission and Samuel D. Tweah, Minister of Finance & Development Planning with their signatures attested by Justice Minister Cllr. Frank Musa Dean Jr.