Financial Performance of Liberia Mining Company: 1951-1977 (in $000)
source:Ministry of Finance, Liberia.

     

Year Sales-Income Other-Income Operating-Cost Interest-Payment Amort-Dep.

This table contains financial data of the Liberia Mining Company, a multinational corporation that operated in Liberia from 1951 to 1977. Liberia Mining Company (LMC), signed an 80 year agreement to mine iron ore in Bomi Hills, Liberia in 1945, and began operations in 1951. It should be noted that when the company signed the agreement in 1945, there was no income tax provision in Liberian law.A statement of understanding signed in 1957 provided a 50% equity for the Liberian Government. The mining area covered 25,000 acres.
When the company finally closed its operations, it left nothing for the Liberian people except a land destroyed by mining.

THE OTHER RELATED WEB PAGES:

What the visitors to the Liberian Center are saying.

AIDS/HIV: THE LIBERIAN EXPERIENCE.

DEDICATION OF THIS WEBSITE

The 1984 Constitution of Liberia.

1998 US State Department Report on Liberia.

After you have browsed my web pages, please visit the Guest-House and : answer a few questions related to you impression about these web pages . Your answers will help me to redesign and update my web pages.

Current News from Liberia, presented by "STAR RADIO." STAR RADIO is an independent radio station in Liberia which is managed by Swiss NGO Foundation Hirondelle, and financed by the United States Agency for International Development, through the International Foundation for Elections Systems. The station began transmitting news since July 15, 1997 on FM 104 MHz in English, Liberian English, French, Bassa, Dey, Gbande, Gola, Grebo, Lorma, Kissi, Kpelle, Khran, Kru, Mandingo, Mano, and Vai.

British Broadcasting Service:--Focus on Africa.

Amnesty International: Documents on the Liberian -Civil War

International Criminal Court.

Liberian Embassy, Washington, D.C.

Cuttington University College.

Liberian Connection.

Ijoma Flemister's Fokpah Liberia Webspace

Africa Online "chat room":Liberia

Coalition of Progressive Liberians in the Americas.

Liberia First, Inc.

Please e-mail all comments to:

You are the { ) person to visit this page. Thank you; please visit the other pages.

This website was designed and is maintained by: Joseph K. Tellewoyan