Gold a soft, shiny, yellow, dense, malleable, ductile transition metal. The metal occurs as nuggets or grains in rocks and in alluvial deposits and is one of the coinage metals. (More at Wikipedia)
Gold and Diamond Mining:
Historical background 1850 - 1950
Diamond is one of the two best known forms of carbon, whose hardness and high dispersion of light make it useful for industrial applications and jewelry.
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1950 - 1980:
Gold and Diamond Concessions
granted during the Administrations of President Tubman and President Tolbert


There is evidence that gold was mined for centuries in Kpelle country and that it was exported via Cape Mount as early as 1500. However, it is not certain that these gold deposits were located in what is nowadays the Republic of Liberia. The mining might just as well have taken place more to the north, in a region that now forms part of the Republic of Guinea and is the area from which the Kpelle tribe originates.

The first mining company


The Excelsior Mining Company

First diamonds found

The recording of gold mining starts

Source: F.P.M. van der Kraaij, ‘The Open Door Policy of Liberia – An Economic History of Modern Liberia’, 2 vols. (Uebersee Museum, Bremen, 1983), pp. 138-162.


© fpm van der kraaij