Liberia Mineral resources

Liberia

Liberia boasts rich mineral deposits, including Iron Ore, Gold, and Diamonds, which significantly contribute to its GDP. Iron Ore and Gold are mined industrially, while diamonds are mostly extracted through artisanal and small-scale mining (ASM). The government issues Kimberly Process Origin Certificates for legal diamond exports. In spite of the global drop in Iron Ore prices, mining accounted for 27% of Liberia’s export earnings in 2022. ArcelorMittal, a key major investor, operates infrastructure, including a 243-kilometre rail line.
The key Mineral Resources of Liberia are:

  • Iron Ore.
  • Gold.
  • Diamonds.

For further details about the mining industry, read this article.

More information about Liberia

Liberia is located on the west coast of Africa. The country’s major mining areas include the Mount Nimba and Bong region for Iron Ore, and Dubge and Kinjor regions for gold. The mining in Liberia began in the early 20th century, with significant Iron Ore developments starting in the 1950s. In spite of its mining heritage, in the mining industry still faces challenges like poorly regulated artisanal mining safety issues. Hence, initiatives to improve regulation and attract foreign investment are ongoing, with companies like hummingbird Resources and Avesoro Resources actively exploring and developing mining projects.

Frequently asked questions

Iron Ore, Gold, and Diamonds.
By investing in infrastructure, including a rail and processing facilities.
It accounted for 27% of total export earnings in 2022.
Issues include safety concerns, land disputes, and environmental pollution.
The Ministry of Mines and Energy has developed a roadmap to organise artisanal miners into cooperatives.

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