Kilambi News
Saturday, October 10, 2026

Liberia pushes overhaul of mining law for MCC deal

Mining Saturday, October 10, 2026 · Updated Oct 10, 2026 07:13

Liberia's Law Reform Commission opened a formal review of the country's mining law on October 7, a key reform tied to negotiations for a second Millennium Challenge Corporation compact with the United States.

Why it matters: A new mining law would reset the fiscal and regulatory terms for every operator in Liberia, from ArcelorMittal's iron ore concessions to emerging lithium and gold licenses; the commission wants drafting done before 2027.

Data as of High-level inception meeting held October 7, 2026, in Monrovia; single-sourced: The Liberian Investigator. allAfrica carried the same story but was blocked at fetch.

The inception meeting at the Law Reform Commission headquarters in Monrovia brought together the commission’s chair and chief executive Bornor M. Varmah, the MCC country director for Liberia, and the national coordinator of the Liberia Compact Development Team, the government’s technical team running compact negotiations. The discussions focused on establishing a framework to review the existing mining law, identify legislative gaps, and align reforms with the compact’s requirements and timelines.

Liberia’s current mining law is more than two decades old, and a mining policy adopted in 2010 was never followed by a new law, leaving the sector governed by piecemeal amendments. The development team plans to draft a new mining law and a model mineral development agreement by the end of 2027, and to begin an airborne geophysical survey in the Harper Quadrangle so the government knows what lies underground before it negotiates with investors. A separate September review estimated drafting and legislative passage could take about 18 months at a cost of US$1.5 million to US$2 million.

The commission also cautioned lawmakers to protect existing mining agreements approved by the legislature while applying new requirements on refining, metals and state equity to future licenses, and urged that a proposed Gold Sector Reform Amendment Act be folded into the broader rewrite rather than pursued as separate legislation. The mining sector drove 70 percent of Liberia’s national economic growth over the past year, according to the finance ministry.

Sources

  1. Liberia Mining Law Reform Advances in MCC Compact Process · The Liberian Investigator · 2026-10-09
  2. Liberia Launches Ambitious National Legal Reforms Targeting Land, Mining, and Family Law · GNN Liberia · 2026-09-23