Liberia still has ore reserves
10 March 2005
Source:
The Analyst
 


 

Assistant Minister for Mines at the Lands & Mines Ministry, Mr. James Konuwa has revealed that Liberia has a "proven reserve" of over 4 billion tons of iron ore, representing about 35-59% of the total deposit.

He did not give indications in the areas of concentration.

However, he disclosed that the country has "abundance of mineral resources such as gold, diamond, phosphorous among others.

It is not the first time that Liberia's mineral abundance has been reported, but nothing tangible has been done by past governments to utilize the diamond industry which is being bragged about thus far.

He made the disclosure at the D. Twe High School in New Kru Town when he served as special guest during installation program of the school's student government.

"I want to briefly inform you of the mineral potential of Liberia. Liberia is endowed with minerals, topical forests, abundant arable land and water resources," he said.

Speaking on the topic, "The Youth Influence in Liberia Politics" he noted that over the decade of 1979 -1989, the traditional sector in the country accounted for about 18% of GDP, adding that prior to the civil conflict, the monetized sector was dominated by the production of iron ore, rubber and logs.

For several years, prior to 1979, according to him, Liberia was the second largest producer of iron ore in Africa.

In another development, Minister Konuwa called on Liberian youth "to fully participate in the forthcoming elections to elect a president and a reputable legislature who will bring Liberia back to glory from the aches of the civil conflict." Meanwhile, the government of Liberia through the Ministry of Lands, Mines and Energy has taken several steps to comply with UN Security Council demands to lift sanctions on Liberian rough diamonds.

In order to comply with the Kimberly Certification Process, the Ministry on Friday, March 4, 2005 completed trainers' workshop for 123 regional coordinators, mining agents, Mineral inspectors and patrolmen at the Liberia Cartographic Service in Fiamah, Sinkor.

According to a release, the Kimberly Certification Process Scheme requires participating countries to enact legislations that would clearly define procedures and steps that indicate transparency in the production, sales and exportation, importation and transit of rough diamonds.

The ten-day workshop is the third workshop conducted by the Ministry for its field personnel.

 
   
 

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