Bong Mines Residents Frustrated by China Union’s Woes ...
Despite the quest of the government and the people of Liberia for more foreign direct investments in the country in order to earn revenue and improve the living conditions of citizens residents of Bong Mines a former mining area of the Bong Mining Company (BMC) now operated by China Union have described the Chinese company’s US$2.6 billion investment as unhelpful to them.
Liberia: Diverted China Union US$6m Paid to Liberia Vanishes ...
The US$1.7 million annual social development fund to Bong County by China Union also gave them hope that life would be better by the end of the concession period. But a decade after their hopes have been dashed with frustration as many including Liberian workers; continue to feel the pinch from the crisis facing the company.
China Union Archives - FrontPageAfrica
China Union Closes Down Gradually – Leaves No Impact on Liberian Citizens FPA Staff Reporter Jan 15 2017 0 Bong Mines Bong County – China Union a billion dollar mining company operating in Bong Mines Fuamah District in Bong County appears to be facing bankruptcy in the wake of slump in the price of iron ore on the world market a…
Mudslide Causes Damage at China Union | Liberian Observer
By Richard Baysah and Alvin Worzi Reports from the China Union operation area at the Bong Mining Company in Fuamah District Lower Bong County speak of a mudslide that has destroyed the company’s crusher and conveyor belt at the plant. The Liberia News Agency (LINA) reported yesterday that the mudslide took place early Wednesday September 13.
Liberia: Western Cluster To Truck Iron Ore From Bomi County ...
The Finance Minister said the government is working with concession companies to identify deliverable with urgency needed in addressing bottlenecks for China Union and WCL. In the early sixties many foreign companies extracted iron ore from Liberia and shipped it Europe. Iron ore from Bomi Hill Bong Mine and LAMCO built major parts of Europe.
Liberia: Mudslide in Bong Mines Leaves China Union Ore Plant ...
Bong Mines — Reports from the China union Bong Mining Company in Fuamah District Lower Bong County says a mudslide has taken place leaving the company main iron ore plant damaged.
China union investment Bong mines - Problems - Home | Facebook
China union investment Bong mines - Problems November 28 2018 · Ever since Liberians first heard ofthe coming of China Union to reopen the Bong Iron Ore Range formerly operatedby the German-owned Bong Mining Company (BMC) we have breathed a sigh of relief.
Relief At Last | Liberian Observer
History was over the weekend made in Haindii one of the historic towns and the political seat of Fuamah District in Bong County when China Union Investment (Liberia) Bong Mines Co commonly known as China Union had a commencement ceremony for the construction of a road that would connect the concessional settlement of Bong Mines to that famous town.
Liberia: China Union to Ship 500000 Tons of Ore - allAfrica.com
China Union one of the largest investments within the Liberia's extractive industry says all is set for its first shipment from Bong Mines of about 500000 tons of iron ore through its newly ...
MINERAL DEVELOPMENT AGREEMENT Between THE GOVERNMENT OF THE ...
January 23 2008 as amended (the “Bong Range Tender”). E. On or about May 23 2008 China Union Investment Co. Ltd a company organized under the laws of the People’s Republic of China and an Affiliate of the Concessionaire and the Operating Company (“China Union”) submitted a bid in
China Union Refuses to Pay US$97000 in Overtime Benefits to ...
FUAMAH Bong â€“ The China Union Mining Company is refusing to pay more than US$97000 in overtime benefits that at least 62 redundant employees say the company owes them. The company holds a 25-year Mineral Development Agreement signed in January 2009 with the Liberian government to mine iron ore near the town of Bong Mines in Fuamah ...
Poverty in the Midst of Plenty in Liberia
When China Union eventually resumes full operation in Bong Mines Selee and others like him across the country will want more than poverty in the midst of plenty. Robtel Neajai Pailey is a Liberian academic activist and author based at SOAS University of London.
Over 300 Redundant Workers Demand Unpaid Wages From China Union
China Union which signed a 25-year concession agreement in January 2009 to mine iron ore in Bong Mines near Kakata pulled out in 2015 after a fall in the price of iron ore on the world market. Shortly thereafter China Union laid off 117 workers. In the following months the total rose to 302 workers.
Communities Across Mano River Region Hit by Mine Closures ...
The closure of China Union and SL Mining has also reduced mining revenuesin the two countries which are yet to recover from bloody civil wars and still rely heavily on their extractive sectors. Prior to its closure China Union provided US$3.5 million a year to Bong County in a social development fund as agreed inits concession agreement.
Major mining firm appears to be on its way out of Liberia
In yet another blow to Liberia's mining sector China Union an iron ore producer in Bong county appears set to leave the country after laying off most its workforce. Analysis. China Union's history in Liberia began in 2008 with a US$2.6bn investment package to start activity at its Bong iron ore mines in Bong county.
China Union Closes Down Gradually - Leaves No Impact on ...
Bong Mines Bong County – China Union a billion dollar mining company operating in Bong Mines Fuamah District in Bong County appears to be facing bankruptcy in the wake of slump in the price of iron ore on the world market a FrontPageAfrcia tour of the company’s facility has established.
Bong Town - Wikipedia
Bong Mine 1983 Powerhouse Bong Town 1983 From its establishment in 1958 through the late 1980s the Bong Mining Company (BMC) a German-Italian-owned concession in Liberia built a substantial mining complex to surface mine the iron ore of the mountain range just on the north side of the Margibi/Bong county borderline.
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