– Established Distribution  site In Maryland County   The  presence of CIMAF cement on the Liberian Market has automatically  created a sharp paradigm shift in  the prices of the commodity  in Maryland, Grand Kru and River Gee counties. According  to  Market survey conducted by businessdayliberia prior to the appearance of  CIMAF product on the Liberian southeastern market ,  cement from cemenco, Futa etc  was sold on the parallel market  at the  price  of us$15-20 per-beg  respectfully. CIMAF appearance has introduce a new price of  a beg of cement in Harper city and its surrounding at the  rock button price of  10 USD to distributers  while retailers now  market  to  earned users  at the price of  USD 11.00. Due  the  high   demand for the distribution…

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  BME is showcasing its African presence, expertise and technology at the 2019 Investing in African Mining Indaba where it will also highlight its strengthened presence in West Africa. The region is poised to become one of the top five gold-producing regions in the world. “The mood is even more buoyant than it has been in previous years,” says Michael Klaasen, BME’s general manager for West Africa operations. “Almost all the countries in this region have vast mineral reserves that remain untouched, making it a very lucrative area for foreign investment.” With some of the world’s largest deposits of gold, bauxite, iron ore and diamonds, Klaasen noted that it was encouraging to see many West African governments seeking to make their mining charters easier to…

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     Monrovia – Global Tracking and Maritime Solutions bulldozed their way through accountability, transparency and vetting cracks at Liberia’s National Port Authority to secure a controversial agreement, which   the Liberia Chamber of Commerce  describe as a complete  heap for  more economic hardship on Liberians. The agreement involves what is known to most businesses and those shipping containers as the Cargo Tracking Note (CTN) or Loading Certificate, an official shipping document that contains information related to the cargo and its movement between ports. Various shipper councils in different countries require this document for importation. CTN is requested by Customs to importers for clearance of cargo. All documents related to cargo must have CTN number if shipped under CTN. The CTN number must be provided to…

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The management of ArcelorMittal said that it is still committed to implementing the Mineral Development Agreement signed with the Government of Liberia back in 2006, after been accused of grossly violating the Mineral Development Agreement, MDA. The steel company was responding to the House of Representatives’ allegations. In 2018, the Joint Committee on Lands, Mines, Energy, and Environment along with the committees on Investment and concessions and Health following an ‘intensive’ investigation of the company’s operations in the country, found grossly violating of the MDA. The MDA was signed in 2005 and amended in 2006, with a focus on sustainable development and economic, social and environmental investment for the company and citizens. But there have been increasing allegations of violations of the agreement by the…

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Mr. Scott Lowe has been appointed the new Chief Executive Officer (CEO) of ArcelorMittal Liberia (AML), a statement from the company has announced. Lowe has extensive experience in mining, working in senior management positions at BHP Billiton and as CEO in several publicly listed exploration and development companies.  In 2015, Lowe took over the Australia-based Intrepid Mines for the second time as CEO, on the confidence of the board of that company due to his “extensive experience in international mining operations and… long history of managing the Company’s Zambian assets.” Lowe holds an MBA along with tertiary qualifications in mining engineering and is a member of the Australian Institute of Company Directors. The new CEO, will now lead ArcelorMittal Liberia’s iron ore concession spanning Nimba…

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