Licenses, Compliance & Regulatory Framework

As our headquarters and primary operational base, Sierra Leone represents the foundation of our regulatory compliance framework.

• 01
  Large-Scale Mining License

  Issued by the National Minerals Agency (NMA) of Sierra Leone, authorizing Mackondor Mining to conduct large-scale exploration and extraction of gold and diamond deposits within designated concession areas. This license mandates adherence to environmental management plans, community development agreements, and annual reporting requirements.

• 02
  Mineral Dealer License

  Issued by the Ministry of Mines and Mineral Resources, authorizing the company to legally purchase gold and diamonds from licensed local miners, artisanal cooperatives, and small-scale mining enterprises. This license requires strict record-keeping, anti-money laundering compliance, and transparent pricing practices.

• 03
  Mineral Export License

  Issued by the National Minerals Agency and the Bank of Sierra Leone, authorizing the export of gold and diamonds to international markets. Export licenses are contingent upon Kimberley Process Certification for diamonds and assay certification for gold.

• 04
  Environmental Impact Assessment (EIA) Certificate

  Issued by the Environment Protection Agency (EPA) of Sierra Leone, confirming that all exploration and extraction activities have undergone rigorous environmental impact assessment and approved mitigation planning.

• 05
  Tax Identification Number (TIN) & Corporate Tax Registration

  Registered with the National Revenue Authority (NRA) of Sierra Leone, ensuring full compliance with corporate income tax, goods and services tax (GST), payroll tax, and royalty obligations.

• 06
  Company Registration Certificate

  Registered with the Office of the Administrator and Registrar General (OARG) under the Companies Act of Sierra Leone, as a limited liability company with disclosed shareholding structure.

• 07
  Social Security & National Insurance Trust (NASSIT) Registration

  Ensuring compliance with employee pension, social security, and workers compensation obligations.

• 08
  Local Content Compliance Certificate

  Demonstrating adherence to Sierra Leone’s local content policies, including local employment quotas, local procurement preferences, and community benefit obligations.

Mackondor Mining maintains valid operational licenses in every West African jurisdiction where we conduct exploration, purchasing, or export activities.

• 01
  Guinea — Mining Concession & Export Permits

  Valid exploration licenses and dealer permits issued by the Ministry of Mines and Geology of the Republic of Guinea, with export authorization from the Central Bank of Guinea and customs clearance protocols.

• 02
  Liberia — Mineral Rights & Trading Licenses

  Class A and Class B mineral rights issued by the Ministry of Mines and Energy of Liberia, complemented by precious minerals dealer licenses and export permits from the Liberia Revenue Authority.

• 03
  Ghana — Small-Scale & Large-Scale Mining Support Licenses

  Registration with the Minerals Commission of Ghana for mineral trading and export, with compliance to the Minerals and Mining Act, 2006 (Act 703) and associated regulations.

• 04
  Multi-Jurisdictional Export Compliance

  Coordination with ECOWAS trade protocols, bilateral trade agreements, and international customs frameworks to ensure seamless cross-border mineral movement.

Mackondor Mining adheres to the highest international standards for ethical sourcing, environmental protection, and corporate governance.

• 01
  Kimberley Process Certification Scheme (KPCS)

  All diamond exports are accompanied by Kimberley Process Certificates, guaranteeing that our diamonds are conflict-free and sourced in compliance with United Nations resolutions. We maintain full chain-of-custody documentation from mine to export.

• 02
  Extractive Industries Transparency Initiative (EITI)

  We support and align with EITI principles, ensuring transparent reporting of revenues, taxes, royalties, and community benefit payments to national authorities and the public.

• 03
  OECD Due Diligence Guidance

  Our mineral sourcing and trading practices follow the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, including risk assessment, supplier verification, and third-party auditing.

• 04
  Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF)

  Robust internal controls, customer due diligence (CDD), transaction monitoring, and suspicious activity reporting (SAR) protocols compliant with Financial Action Task Force (FATF) recommendations and national Financial Intelligence Unit (FIU) requirements.

• 05
  International Labour Organization (ILO) Conventions

  Full compliance with ILO conventions on forced labor, child labor, workplace safety, and fair wages. We maintain zero tolerance for child labor and forced labor in all operations.

• 06
  United Nations Global Compact (UNGC) Principles

  Alignment with UNGC principles on human rights, labor standards, environmental protection, and anti-corruption.

• 07
  ISO Standards Alignment

  While not yet fully ISO-certified, our operational procedures are designed to align with ISO 14001 (Environmental Management) and ISO 45001 (Occupational Health and Safety) frameworks.

Mackondor Mining (SL) Limited is fully committed to its fiscal obligations in every country where we operate. We believe that responsible tax compliance is a cornerstone of good corporate citizenship and sustainable development.

• 01
  Corporate Income Tax

  Full payment of corporate income tax on all profits generated from mining operations, mineral trading, and export activities, in accordance with national tax codes.

• 02
  Mineral Royalties

  Payment of statutory mineral royalties to national governments based on production volumes and mineral values, as prescribed by mining legislation.

• 03
  Pay-As-You-Earn (PAYE) Tax

  Deduction and remittance of employee income taxes in compliance with national revenue authority requirements.

• 04
  Goods and Services Tax (GST) / Value Added Tax (VAT)

  Registration, collection, and remittance of consumption taxes on goods and services purchased and sold in the course of business.

• 05
  Customs Duties & Export Levies

  Payment of all applicable customs duties on imported equipment and export levies on mineral shipments.

• 06
  Social Security Contributions

  Employer and employee contributions to national social security and pension schemes.

• 07
  Community Development Levies

  Voluntary and statutory contributions to community development funds as stipulated in Community Development Agreements (CDAs).

We maintain comprehensive records and documentation to support our compliance claims and provide transparency to stakeholders.

• •

  Annual audited financial statements prepared by independent chartered accountants.

• •

  Annual Environmental Management Reports submitted to national environmental agencies.

• •

  Quarterly production and export reports filed with national minerals agencies.

• •

  Community Development Agreement implementation reports shared with community representatives.

• •

  Kimberley Process rough diamond shipment records and certificates.

• •

  Assay certificates and mineral passports for all export shipments.

• •

  Employee safety and training records maintained in compliance with labor laws.

• •

  Supplier verification and due diligence files for all mineral purchases.

• •

  Tax clearance certificates and royalty payment receipts from national revenue authorities.