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Article

21 May 2012

Author:
Southern Africa Resource Watch

LCD wants more control of mines [Lesotho]

The Lesotho Congress for Democracy wants the government to have majority shareholding in all mining companies operating in Lesotho...LCD Elders’ Committee, Mr Mpho Malie...also spoke about mining companies taking advantage of the “relaxed” laws of Lesotho. “Foreign companies operating our mines are in a hurry; they want to maximise their profits when we are still asleep. We need to review the laws before it is too late because if we delay, we will be left with nothing as a country”...The LCD deputy secretary general, Mr Tšeliso Mokhosi [said] the country’s natural resources should also benefit local communities. “Companies exploiting our natural resources should also play an important role in the future of Basotho children...“The nation should be informed where and how the diamonds were sold, how much they were sold for, and how the money will be used..."