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range in
Liberia and exploited the area during the second half of the twentieth century. Founded in 1955 by American and Swedish investors, the company established the first large-scale mining operation in Liberia following the discovery in the 1950s of the Nimba ore body by geologist Sandy Clarke.
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225:(ECOMOG). Its forces captured Buchanan in 1993, and iron ore export operations ceased. Profits had been declining and, as of January 1994, ships were no longer willing to try to pick up ore at the Port of Buchanan because of the state of war.
242:, announced that it intended to reactivate the former LAMCO mining operation. It soon encountered financial problems due to decline in the steel demand in Europe. Its business began to improve after 2014 with new contracts with China.
180:. Liberia introduced a nationalization policy intended to gradually phase out the non-Liberian staff. By 1989 ore that was profitable for extraction by market rates in the Nimba range had been exploited, but
203:, and export it by ship. Part of the joint project was construction of a railway from Guinea to the port of Buchanan. Operations were to be managed by the London-based
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Operations were disrupted, but never damaged, several times during the civil war beginning in
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African nations collaborated to form a force to try to intervene and bring peace; it was known as the
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railroad approximately 360 km long, linking the mine in the north of the country, to the Port of
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191:(LIMINCO), formed to maintain the Liberian ports and railways and to facilitate a joint project with
214:'s forces. For a time private interests continued with the thought of "booty futures", if Taylor 's
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Buchanan were pillaged by warring forces. Such looting continued until 2004.
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Civil War and State
Formation: The Political Economy of War and Peace in Liberia
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Soon after operations were halted, LIMINCO's sites at the ports of
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A LAMCO train takes on an iron ore load at Yekepa in 1976
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184:had large reserves that had not yet been mined.
146:Liberian-American-Swedish Mining Company (LAMCO)
223:Economic Community Cease-Fire Monitoring Group
187:In November 1989, LAMCO was taken over by the
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172:. The Nimba project was managed by LAMCO,
124:Learn how and when to remove this message
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62:adding citations to reliable sources
216:National Patriotic Front of Liberia
207:(AMCL) under a ten-year contract.
197:Nimba International Mining Company
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297:. Campus Verlag. pp. 81–83.
205:African Mining Consortium Limited
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338:Mining companies of Liberia
189:Liberian Mining Corporation
152:corporation that mined for
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27:Not to be confused with
291:Gerdes, Felix (2013).
262:British Rail Class 126
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257:British Rail Class 08
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252:Transport in Liberia
164:The company built a
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178:Liberian government
322:Images from Yekepa
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273:References
240:Luxembourg
176:, and the
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246:See also
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