Putu Mining Pumps US$3M to Support 2015 Social Programs

first_imgPutu Iron Ore Mining (PIOM) on Monday disclosed that it has contributed about US$3 million into government coffers, as part of its annual responsibility to implement social programs in three counties in the Southeastern part of the country beginning 2015.The chief executive officer (CEO) of PIOM, Christian Messurenko, named Grand Gedeh, Sinoe and RiverGee as the counties that would benefit from his company’s annual social responsibility to government.“In September 2014, PIOM’s annual social contribution in the amount of US$3 million was paid into government coffers through the Liberia Revenue Authority (LRA),” Messurenko further disclosed.Explaining further about his company’s settlement of its financial obligation with government, Messurenko disclosed that “We can confirm payment of all our financial obligations to government for fiscal year 2014/2015 in the tune of US$5 million and we look forward to resuming full activity within the new year of 2015.”He made the disclosure on Monday, when he presented an Earth Lab equipment valued as US$50,000 to the  mining, engineering and geology departments of the University of Liberia (UL) in a short presentation ceremony held at the university’s Fendell Campus, outside of Monrovia.Presenting the lab, the PIOM boss added that it was in fulfillment of a Memorandum of Understanding (MOU) entered into by his company and the university in 2013, to support mining, engineering and geology studies at the university.He said, procurement and installation of the earth lab is fully funded by his company.“Putu has consistently demonstrated commitment to honoring its corporate social responsibility and all other obligations under the MOU,” he emphasized.Commenting further on his company’s contribution in the country’s education sector, Messurenko noted that they also contributed an amount of US$200,000 into a General Education Fund as was provided for in the Mineral Development Agreement (MDA) also singed between his company and the government.“This education fund which is launched today,” he added” will be used to provide scholarship  and vocational training to students from the South East Counties of Grand Gedeh, Sinoe and River Gee, in order to equip them with marketable skills in the areas of construction and to prepare them for careers in mining, engineering and geology.”Messurenko assured his company’s commitment to carry out mining project in Liberia, admitting “We have been experiencing difficulties since we obtained our mining license from government in July 2014.”He made specific reference to the escalation of the deadly Ebola virus disease (EVD).“While the company was about to begin its construction phase of its project, we were faced with the prevailing health situation, which has caused some of our major foreign contractors to suspend their activities,” he stated. “As a consequence,” he continued, “the company has been constrained to slow down its operations and as a result, we would regrettably begin reducing staff from November through December 2014.“We want to use the opportunity to assure government and its international partners that we will continue to remain with you people combat the deadly virus,” he said, promising his company’s commitment in the Ebola virus fight.He added that they have demonstrated, over the past months, by providing material and financial support to the Ebola Task Force in Grand Gedeh and Sinoe Counties respectively.“We have equally supported the efforts of Medicines Sans Frontieres by providing five (5) mobile offices for use at the ELWA medical facility,” he said.He continued, “We want to reassure partners that the constructions phase of the project, which was to have started in 2014 to 2017, we are anticipating starting next year.”Receiving the equipment on behalf of the university, Dr. Emmet Dennis, president of the UL lauded the company for the assistance that would help to improve leaning activities especially for engineering students in his university.Commenting on the scholarship assistance, Dr. Dennis said that only deserving students would benefit from it.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


first_imgCounty players Mark Mc Hugh and David Walsh were present in Donegal Town on Tuesday afternoon to launch the Temple Street Charity Cycle. Mark Mc Hugh also presented a signed County Jersey, on behalf of MCM Spirits. The jersey will be raffled after the cycle, at a fundraising table quiz in The Glen Head Tavern, at 7pm on September 9th.Fitness enthusiasts and amateur cyclists alike who are ‘gearing up’ for a major fundraising cycle on Sunday, September 9th, got a major boost when county stars Mark McHugh and David Walsh officially launched the event.On that date over one hundred cyclists are expected to make the 58 kilometre trip from Donegal Town to Glencolmcille, as a fundraising initiative for Temple Street Children’s Hospital. And in honour of the County Team’s impending All-Ireland final appearance, all cyclists are being asked to don the Donegal jersey in a show of support for Jim and the lads.The event has been organised by CLG Naomh Columba, Gleann Cholm Cille, in conjunction with The Reveller Bar, Donegal Town, and is the second part of a double-fundraiser, which also saw a charity football match held in the Southwest club’s grounds on the August Bank Holiday weekend. Organisers have been delighted with the response to the cycle thus far, with bike sales booming in the Southwest area, and cyclists of all ages and abilities signing up.Despite the just-for-fun ethos of the event, there have been reports of early morning and late night training sessions in both Glen and Donegal Town, plus numerous sightings of Naomh Columba footballers in Tour de France mode on the hills of Glengesh and Maghera!Cyclists who have already registered have been issued with sponsorship cards, however unregistered cyclists can turn up on the day and take part, with a registration fee of €20 donated to the charity. Registration will take from 8.45am to 9.30am at Páirc na nGael in Glencolmcille, and from 11am on the Diamond in Donegal Town.Anyone travelling from Glencolmcille can avail of specially organised bus transfer, and bikes will also be transported. The cycle will depart the Diamond, Donegal Town at 12 noon, and will stop over in Killybegs, before winding it’s way up Fintra and in through to Glen. All cyclists will make their way to the clubhouse at Páirc na nGael for hot showers, before finishing up at the Glen Head Tavern, where there will be a barbeque from 5pm, followed by a table quiz at 7pm.Organisers are reminding everyone intending to take part that it is compulsory to wear a helmet. Anyone wishing to help out on the day can call into The Reveller Bar, or check out CLG Naomh Columba on Facebook.DONEGAL GAA STARS GET BEHIND CHARITY CYCLE RIDE was last modified: August 28th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DONEGAL GAA STARS GET BEHIND CHARITY CYCLE RIDElast_img read more