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Yekepa is a town in northern Nimba County in Liberia, lying near the Guinean border. It was the base for Lamco''s iron ore mining operation until it was destroyed in the First Liberian Civil War which lasted from 1989 to 1997. Nearby Guesthouse Hill is one of the highest points in the nation.
Since December 1989, when mining revenues accounted for 22% of GDP, the mining sector has been severely damaged by civil war. By 1991, a single iron ore mine, operated by the Iron Mining Company of Liberia (LIMCO), was one of only a few industrial operations functioning in the entire country.
The LiberianAmericanSwedish Mining Company (LAMCO) is a defunct Liberian corporation that mined for iron ore in the Nimba range in Liberia during the second half of the twentieth century. Founded in 1955 by American and Swedish investors, the company established the first largescale mining operation in Liberia following the discovery in the 1950s of the Nimba ore body by geologist Sandy .
German Liberian Mining Company (DELIMCO) Fourth, in Bong Range 80km east of Monrovia, 37% ore content Investment US126 million, Liberia receives 50% of net profits. LAMCO was granted its concession in 1953, deposits of iron ore were discovered in 1955/1956, with proven deposits of at least 250 million tonnes confirmed during 1957.
The LiberianAmericanMinerals Company was given a 70 year concession for ore exploration. ... At Christmas time this year he found evidence of huge iron ore deposits. ... Plant and a Pellet Plant were constructed for 50M in order to improve the quality of the ore. 1973: Mining started at Mount Tokadeh at a limited production rate (3Mton crude ...
In 2013 the mine was reopened by China Union (Liberia) Bong Mining Company. Regular ore shipments commenced the following year, but mining operations ceased again around 2016. There are plans for reactivation of the mine and railway (No website located at present) A 250km standard gauge line from Buchanan to Yekepa.
CORRUPTION ENVIRONMENTAL DESTRUCTION DEVELOPMENT IMPACT IRON ORE MINING POVERTY oil gas Introduction This report is a follow Tup to the briefing on ArcelorMittal''s performance cin Liberia published in r2009, ''ArcelorMittal: Going nowhere slowly – a review of the global steel giant''s environmental and social impacts in ''.
Mittal Phoenix Arises from Lamco Ashes, Liberia 2010 ... In the early 1960s, the Lamco mining company in Liberia, West Africa, built a standard gauge railway to take iron ore from the rich fields in the Nimba Mountains, on the border with Guinea, some 300km to the port of Buchanan for export. ...
Sep 10, 2019· ArcelorMittal''s elaborate plan to expand its iron ore production in Liberia from the current 5 tons to 15 tons per year will require and investment of US500 million, on top of the US billion the company has already invested in the mine.
Sable claims major ironore find in Liberia Business .. SAMPLES taken from the Kpo Project in northern Liberia show the project has the potential to be a major new ironore discovery for resources company Sable Mining.
ArcelorMittal said contractors working on an expansion project at its Yekepa iron ore mine, shown here, in Liberia had declared force majeure due to the Ebola virus outbreak and were moving people out of the country. However, the company''s existing mining operations were reported to be continuing as normal. (Photo courtesy of ArcelorMittal)
Liberia and the newly elected government was a major milestone in the country''s economic recovery after over a decade of civil war. Since then, we have spearheaded the revival of Liberia''s iron ore mining industry, and invested in renewing and upgrading both the mines themselves and the infrastructure needed to transport the ore.
The Public Works Minister added: "I should say though we recognize that globally the price of iron ore has been dropping so any company engaged in the iron ore business right now will have a ...
In the early 1960''s, when the SwedishAmerican Joint Venture Operating Company settled in Yekepa and began exploiting Mount Nimba''s huge Iron Ore deposit, tens of thousands of citizens and migrants from all over the country and neighboring countries like Guinea Conakry, Sierra Leone and the Ivory Coast were attracted to the county.
A company insider who prefers anonymity told FrontPage Africa although prices have improved, production is still low and this continues to hamper the company''s operations in Liberia. "Prices are appreciating but production has reduced because the mine does not have the value of iron ore .
iron ore prices in 2015, led to a reduction in activity. Iron ore deposits in Liberia. The Nimba Range and deposits at Yekepa. The Nimba Range extends over 30 kilometres along the border zone of Guinea, Côte d''Ivoire and Liberia. Historically iron ore has been exploited from both the Liberian and the Guinean sectors. In Liberia, the
In the second part of our fivepart series on railways in Africa, we head to Liberia, where a major steel company has restored an old railway line as part of efforts to tap into the country''s iron ...
During the late 1950s, iron ore was found in "the Iron Mountain" Mount Nimba. In a joint venture among the Liberian Government, US Bethlehem Steel, and the Swedish mining company Gränges, a huge project was set up: LAMCO (Liberian American Company). The project contributed to economic and social development in Liberia for 30 years.
The history of Liberia''s rail transport began shortly after World War II, when the Freeport of Monrovia was completed. In the early 1960s, three longdistance railway lines were constructed in Liberia, mainly for the transport of iron ore from mines to port facilities.
May 20, 2012· Filmed by Raymond Hedman between 1969 1974. A Man Tries His Best to Get Hit by a Train CSX Switching Lehigh Cement in Richmond, VA Duration: 8:34. Railroad Videos 1,715,406 views
Railways revived for Liberia''s iron ore boom. ... Workers at the mining town of Yekepa, in Liberia''s east, wake up early for a busy work day, boarding a bus that makes pickups along the road to ...
Liberia has rich iron ore deposits concentrated in the remote Nimba mountain range near the Guinean and Ivory Coast borders. Iron ore was fi rst extracted from Mount Nimba from the 1960s to the 1980s, by the Liberian AmericanSwedish Minerals Company (LAMCO). The nearby town of Yekepa became the hub of Liberia''s iron ore mining industry during
Nov 18, 2015· EDGWARE (Scrap Monster): ArcelorMittal Liberia has decided to cut around 450 jobs in the West African nation of Liberia. Further, iron ore exports from the country will be lowered. The decision regarding job cuts has already been informed to the union leaders, the company noted.
Lansdell Christie and the Liberia Mining Company Christie was neither a rich businessman nor an iron ore expert, but he foresaw the possibilities which the highgrade Bomi Hill iron ore offered with respect to the US steel industry.
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