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Momodou
Denmark
11513 Posts |
 Posted - 29 Aug 2018 : 13:15:23
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Gov’t issues licence to GACH Mining Company to export black sand
The Point: Wednesday, August 29, 2018
http://thepoint.gm/africa/gambia/article/govt-issues-licence-to-gach-mining-company-to-export-black-sand
 The Gambia Government has issued a mining license to Gambia Angola China (GACH) Mining Company to export the heavy mineral concentrated sand locally called “black sand” from the country.
According to Fatu Network, the managing director of GACH Group, Alhagie Sillah has confirmed the acquisition of a mining licence for black sand at Sanyang, Kartong and Batokunku respectively. He added that the company is 100% Gambian owned.
Sillah, the former lawmaker for Banjul North told The Fatu Network that the GACH Group is owned by a Gambian businessman, Abubakary Jawara who is serving as the country’s consular general to the Republic of China since 2006.
“We have followed the due process to acquire the mining licence from the Geology Department in 2017,” MD Sillah said.
“We went through all the procedures at the ministries of Justice, Finance, Petroleum, Geology Department and Private Public Partnership,” he added.
The GACH managing director said that the company is the first ever Gambian mineral mining company since 1926. He spoke about the group’s target to create 2, 000 jobs, build local capacity, technology transfer and value addition amongst others within two years.
MD Sillah explained that the company was the highest bidder to sell the stockpiles of mineral sand confiscated by the state at the seaport.
“We offered $200 US Dollars per Metric Tonne, out of which 60% goes to the state after all the expenditures,” he said.
When asked about the equipment belonging to other companies left at the mining site, he said they would not touch them but will bring their own equipment.
“We are bringing digital dredging machines worth of $1. 5 million US Dollars”
It could be recalled that mining activities at Sanyang and Batokunku were major concern to many Gambians during the dictatorial regime of the former President Jammeh who connived with foreign counterparts to exploit the country’s resources with impunity.
President Barrow during his recent interviewed with The Fatu Network, has confirmed the signing of contract with a Gambian mining company but did not disclosed the company’s name, saying he has forgotten it.
The director of Geology Department, Abdoulie M. Cham has confirmed the granting of licence to GACH Mining Company.
Meanwhile, the Gambian mineral mining company is working with Chinese business partners to export the black sand to China.
Author: Pa Modou Cham
Related Topics:
- Geology Director Declines to Comment on Sand Mining
- Carnegie Minerals forfeited to the state
- Carnegie Minerals Plc Denies Allegations
- Judgment against Carnegie Minerals
- What benefit is Gambia getting from minerals?
- Ex-President Jammeh Commission kick-starts
- Janneh Commission of inquiry on Y. Jammeh's assets
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A clear conscience fears no accusation - proverb from Sierra Leone |
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Gov’t issues licence to GACH Mining Company
